Last update: Oct 2026

Cost of Living Comparison Between Rizhao and Budapest

For one person, living is cheaper in Rizhao: $667 a month against $1,619 in Budapest, rent and utilities included – about $11,400 less a year. Rent and utilities account for most of the difference.

34

Cost of Living Index in Rizhao
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Rizhao Living Index
79

Cost of Living Index in Budapest
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Budapest Living Index

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Rizhao

🇨🇳 China

$667

/mo nomad

Budapest

🇭🇺 Hungary

$1,619

/mo nomad

Monthly Cost of Living

How much you'll spend in Rizhao and in Budapest

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Rizhao and in Budapest actually costs, broken down by who's living it.

A single person spends $667 per month in Rizhao vs $1,619 in Budapest, rent included.

Rizhao $667
Budapest $1,619

A couple spends around $1,077 per month in Rizhao vs $2,524 in Budapest, rent included.

Rizhao $1,077
Budapest $2,524

A family of three spends $1,487 per month in Rizhao vs $3,429 in Budapest, rent included.

Rizhao $1,487
Budapest $3,429

Rizhao is about 59% cheaper than Budapest, and outside of rent the biggest gap is in eating out.

Rizhao sits 51% below the global median, while Budapest is 20% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$2.54 ¥16.95

$13.94 Ft 4,503

-81.78%

Three-Course Dinner for Two, Mid-Range

$19.14 ¥128

$61.2 Ft 19.8K

-68.74%

Fast Food Meal (McDonalds, etc)

$4.82 ¥32.21

$10.19 Ft 3,291

-52.70%

Cappuccino

$1.95 ¥13.05

$3.26 Ft 1,055

-40.18%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$0.46 ¥3.10

$2.14 Ft 690

-78.50%

Water (0.33 liter bottle)

$0.23 ¥1.54

$1.78 Ft 577

-87.08%

Local Beer (0.5 liter draught)

$0.88 ¥5.87

$3.71 Ft 1,198

-76.28%

Imported Beer (0.33 liter bottle)

$1.98 ¥13.21

$3.77 Ft 1,217

-47.48%

Milk (1 liter)

$1.46 ¥9.78

$1.15 Ft 371

26.96%

White Bread (500g)

$1.48 ¥9.87

$1.79 Ft 578

-17.32%

Rice (white) (1kg)

$0.46 ¥3.08

$2.49 Ft 804

-81.53%

Eggs

$1.07 ¥7.14

$3.90 Ft 1,261

-72.56%

Local Cheese (1kg)

$11.73 ¥78.4

$11.10 Ft 3,587

5.68%

Chicken Fillets (1kg)

$3.34 ¥22.32

$6.62 Ft 2,139

-49.55%

Beef Round Steak (1kg)

$11.35 ¥75.9

$14.69 Ft 4,745

-22.74%

Apples (1kg)

$1.46 ¥9.78

$1.83 Ft 591

-20.22%

Banana (1kg)

$1.02 ¥6.81

$2.05 Ft 661

-50.24%

Oranges (1kg)

$0.77 ¥5.17

$2.37 Ft 765

-67.51%

Tomato (1kg)

$1.14 ¥7.65

$3.90 Ft 1,260

-70.77%

Potato (1kg)

$0.58 ¥3.87

$0.99 Ft 320

-41.41%

Onion (1kg)

$0.68 ¥4.57

$1.00 Ft 322

-32.00%

Lettuce (1 head)

$0.58 ¥3.85

$1.58 Ft 511

-63.29%

Water (1.5 liter bottle)

$0.63 ¥4.19

$0.67 Ft 216

-5.97%

Cigarettes 20 Pack (Marlboro, Camel)

$3.66 ¥24.45

$7.96 Ft 2,572

-54.02%

Wine (Bottle)

$9.99 ¥66.8

$6.22 Ft 2,009

60.61%

Local Beer (0.5 liter bottle)

$0.72 ¥4.81

$1.27 Ft 411

-43.31%

Imported Beer (0.33 liter bottle)

$1.36 ¥9.08

$2.03 Ft 654

-33.00%

One-way Ticket (Public Transport)

$0.29 ¥1.93

$1.52 Ft 490

-80.92%

Public Transport Monthly Pass (Regular Price)

$17.44 ¥117

$28.02 Ft 9,053

-37.76%

Taxi Start (Normal Tariff)

$1.23 ¥8.20

$3.31 Ft 1,070

-62.84%

Taxi (Normal Tariff) (1km)

$0.25 ¥1.67

$1.37 Ft 442

-81.75%

Taxi 1hour Waiting (Normal Tariff)

$4.52 ¥30.21

$19.83 Ft 6,406

-77.21%

Gasoline (1 liter)

$1.19 ¥7.92

$1.82 Ft 589

-34.62%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$19.1K ¥127.6K

$29.8K Ft 9.6M

-35.94%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$14.8K ¥99.1K

$33.8K Ft 10.9M

-56.16%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$73.5 ¥491

$171 Ft 55.3K

-57.05%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$6.63 ¥44.30

$23.51 Ft 7,596

-71.80%

Internet (50+ Mbps, Unlimited Data)

$5.18 ¥34.65

$23.29 Ft 7,526

-77.76%

Gym Membership (Monthly)

$36.51 ¥244

$67.5 Ft 21.8K

-45.94%

Tennis Court (1 Hour on Weekend)

$13.25 ¥88.6

$18.89 Ft 6,104

-29.86%

Cinema Ticket

$5.36 ¥35.87

$9.30 Ft 3,004

-42.37%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$218 ¥1,458

$533 Ft 172.3K

-59.10%

International Primary School, 1 Child (Yearly)

$19.8K ¥132.4K

$16.8K Ft 5.4M

18.21%

Jeans (Levis 501 Or Similar)

$34.08 ¥228

$99.6 Ft 32.2K

-65.79%

Summer Dress (H&M, Zara, etc)

$43.15 ¥289

$43.49 Ft 14.0K

-0.78%

Sport Shoes (Adidas, Nike)

$71.2 ¥476

$110 Ft 35.7K

-35.45%

Men's Leather Business Shoes

$69.4 ¥464

$119 Ft 38.4K

-41.66%

1-bedroom Apartment, City Center (Monthly)

$299 ¥1,999

$830 Ft 268.3K

-64.00%

1-bedroom Apartment, Outside City Center (Monthly)

$163 ¥1,090

$622 Ft 200.9K

-73.80%

3-bedroom Apartment, City Center (Monthly)

$623 ¥4,167

$1,594 Ft 514.9K

-60.89%

3-bedroom Apartment, Outside City Center (Monthly)

$375 ¥2,505

$1,170 Ft 378.1K

-67.99%

Buy Apartment in City Center (m2)

$3,578 ¥23.9K

$5,832 Ft 1.9M

-38.65%

Buy Apartment Outside City Center (m2)

$2,144 ¥14.3K

$3,889 Ft 1.3M

-44.86%

Average Monthly Net Salary (After Tax)

$1,651 Ft 533.4K

20-Year Fixed Mortgage Interest Rate (Annual %)

3.13

6.45

-51.47%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Rizhao: October 12, 2026

Last update for Budapest: October 13, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Groceries & Markets

Rizhao

$183 27.4%

Budapest

$258 15.9% 41.1% $75

Accommodation & Living

Rizhao

$163 24.4%

Budapest

$622 38.4% 282% $459

Clothing & Footwear

Rizhao

$98 14.7%

Budapest

$168 10.4% 70.9% $70

Monthly Utilities & Internet

Rizhao

$85 12.8%

Budapest

$218 13.5% 155% $133

Eating Out

Rizhao

$69 10.4%

Budapest

$223 13.8% 222% $154

Sport & Entertainment

Rizhao

$47 7.1%

Budapest

$86 5.3% 82.3% $39

Getting Around

Rizhao

$21 3.2%

Budapest

$44 2.7% 110% $23

Cost Breakdown

A central one-bedroom costs $299 in Rizhao versus $830 in Budapest. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $19.00 in Rizhao versus $61.0 in Budapest. Monthly groceries follow the same trend: $183 vs $258 – making Rizhao the more affordable choice for daily food spending.

Good to know

🇨🇳 Rizhao

🇭🇺 Budapest

🕒 Local time

14:21 2:21 PM

08:21 8:21 AM

6 h behind Rizhao

🌤 Weather

👥 Population

1,143,000

1,686,222 Capital

💱 Currency

Chinese Yuan CNY ¥

Hungarian Forint HUF Ft

📈 Exchange rate

1 CNY = 0.15 USD

1 CNY = 0.133 EUR

1,000 HUF = 3.1 USD

1,000 HUF = 2.75 EUR

Exchange rates and currency converter

HUF, USD, EUR to CNY – Chinese Yuan Converter

🇺🇸 United States Dollar ($)

🇨🇳 Chinese Yuan (¥)

Chinese Yuan exchange rates as of October 20, 2026: 1 USD = 6.69 CNY (1 CNY = 0.15 USD). 1 EUR = 7.52 CNY (1 CNY = 0.133 EUR).

Hungarian Forint exchange rates as of October 20, 2026: 1 USD = 323 HUF (1,000 HUF = 3.1 USD). 1 EUR = 363 HUF (1,000 HUF = 2.75 EUR).

USD to CNY in detail →

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Between locations

Rizhao Budapest 7,880 km ≈ 10 h nonstop flight

From you

Rizhao
Budapest

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Rizhao vs Budapest: Cost of Living - Frequently Asked Questions

Yes – Budapest is pricier by about 143%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $1,000 per month in Rizhao and $2,428 in Budapest. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Rizhao, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Public transport costs about 61% less in Rizhao. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $218 per month in Rizhao and $533 in Budapest. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Rizhao, where all-in costs run around $667, than in Budapest at $1,619. In Rizhao it covers expenses comfortably, while in Budapest it requires careful planning or may not stretch far enough.

Families tend to lean toward Rizhao – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Rizhao. If higher salaries, better infrastructure, or specific career opportunities are the priority, Budapest makes more sense. Both are solid long-term options with distinct trade-offs.