Last update: Oct 2026

Cost of Living Comparison Between Sheffield and Budapest

For one person, living is cheaper in Budapest: $1,621 a month against $2,242 in Sheffield, rent and utilities included – about $7,500 less a year. Rent and utilities account for most of the difference.

109

Cost of Living Index in Sheffield
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Sheffield Living Index
79

Cost of Living Index in Budapest
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Budapest Living Index

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Sheffield

🇬🇧 United Kingdom

$2,242

/mo nomad

Budapest

🇭🇺 Hungary

$1,621

/mo nomad

Monthly Cost of Living

How much you'll spend in Sheffield 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 Sheffield and in Budapest actually costs, broken down by who's living it.

A single person spends $2,242 per month in Sheffield vs $1,621 in Budapest, rent included.

Sheffield $2,242
Budapest $1,621

A couple spends around $3,210 per month in Sheffield vs $2,555 in Budapest, rent included.

Sheffield $3,210
Budapest $2,555

A family of three spends $4,177 per month in Sheffield vs $3,489 in Budapest, rent included.

Sheffield $4,177
Budapest $3,489

Sheffield costs about 38% more than Budapest, and outside of rent the biggest gap is in transport.

Both Sheffield and Budapest sit above the global median – Sheffield by 67%, Budapest by 21%.

Meal at Budget Restaurant

$19.56 £14.78

$13.99 Ft 4,551

39.81%

Three-Course Dinner for Two, Mid-Range

$82.0 £62.0

$60.3 Ft 19.6K

35.93%

Fast Food Meal (McDonalds, etc)

$10.51 £7.94

$9.96 Ft 3,241

5.52%

Cappuccino

$4.36 £3.29

$3.38 Ft 1,100

28.99%

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

$2.29 £1.73

$2.13 Ft 692

7.51%

Water (0.33 liter bottle)

$1.32 £1.00

$1.87 Ft 608

-29.41%

Local Beer (0.5 liter draught)

$5.86 £4.43

$3.75 Ft 1,221

56.27%

Imported Beer (0.33 liter bottle)

$5.15 £3.89

$3.57 Ft 1,162

44.26%

Milk (1 liter)

$1.47 £1.11

$1.13 Ft 368

30.09%

White Bread (500g)

$1.92 £1.45

$1.84 Ft 599

4.35%

Rice (white) (1kg)

$2.54 £1.92

$2.39 Ft 777

6.28%

Eggs

$3.92 £2.96

$3.83 Ft 1,245

2.35%

Local Cheese (1kg)

$8.85 £6.69

$11.33 Ft 3,686

-21.89%

Chicken Fillets (1kg)

$8.52 £6.44

$6.74 Ft 2,192

26.41%

Beef Round Steak (1kg)

$14.18 £10.71

$14.69 Ft 4,780

-3.47%

Apples (1kg)

$2.99 £2.26

$1.84 Ft 597

62.50%

Banana (1kg)

$1.18 £0.89

$2.01 Ft 653

-41.29%

Oranges (1kg)

$2.55 £1.92

$2.36 Ft 767

8.05%

Tomato (1kg)

$2.84 £2.15

$3.77 Ft 1,226

-24.67%

Potato (1kg)

$1.84 £1.39

$0.96 Ft 313

91.67%

Onion (1kg)

$1.32 £1.00

$1.03 Ft 334

28.16%

Lettuce (1 head)

$1.17 £0.88

$1.56 Ft 509

-25.00%

Water (1.5 liter bottle)

$1.41 £1.06

$0.66 Ft 216

113.64%

Cigarettes 20 Pack (Marlboro, Camel)

$20.57 £15.54

$7.96 Ft 2,591

158.42%

Wine (Bottle)

$11.17 £8.44

$6.01 Ft 1,954

85.86%

Local Beer (0.5 liter bottle)

$3.43 £2.59

$1.30 Ft 421

163.85%

Imported Beer (0.33 liter bottle)

$3.30 £2.49

$2.08 Ft 676

58.65%

One-way Ticket (Public Transport)

$3.93 £2.97

$1.50 Ft 489

162.00%

Public Transport Monthly Pass (Regular Price)

$93.6 £70.7

$27.61 Ft 8,982

239.04%

Taxi Start (Normal Tariff)

$5.40 £4.08

$3.30 Ft 1,074

63.64%

Taxi (Normal Tariff) (1km)

$1.42 £1.07

$1.30 Ft 424

9.23%

Taxi 1hour Waiting (Normal Tariff)

$19.44 £14.69

$19.78 Ft 6,436

-1.72%

Gasoline (1 liter)

$2.09 £1.58

$1.81 Ft 591

15.47%

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

$38.7K £29.2K

$29.3K Ft 9.5M

31.94%

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

$39.9K £30.1K

$34.1K Ft 11.1M

16.84%

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

$337 £255

$170 Ft 55.3K

98.48%

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

$20.14 £15.22

$23.98 Ft 7,802

-16.01%

Internet (50+ Mbps, Unlimited Data)

$42.34 £31.99

$23.42 Ft 7,621

80.79%

Gym Membership (Monthly)

$44.63 £33.73

$66.2 Ft 21.6K

-32.62%

Tennis Court (1 Hour on Weekend)

$8.40 £6.35

$19.18 Ft 6,239

-56.20%

Cinema Ticket

$12.32 £9.31

$9.52 Ft 3,098

29.41%

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

$1,217 £919

$537 Ft 174.6K

126.65%

International Primary School, 1 Child (Yearly)

$23.9K £18.1K

$16.6K Ft 5.4M

44.17%

Jeans (Levis 501 Or Similar)

$85.6 £64.7

$101 Ft 33.0K

-15.55%

Summer Dress (H&M, Zara, etc)

$41.36 £31.26

$42.99 Ft 14.0K

-3.79%

Sport Shoes (Adidas, Nike)

$90.0 £68.0

$113 Ft 36.7K

-20.22%

Men's Leather Business Shoes

$88.9 £67.2

$119 Ft 38.6K

-25.12%

1-bedroom Apartment, City Center (Monthly)

$1,214 £917

$805 Ft 262.0K

50.72%

1-bedroom Apartment, Outside City Center (Monthly)

$915 £691

$629 Ft 204.7K

45.42%

3-bedroom Apartment, City Center (Monthly)

$1,815 £1,372

$1,549 Ft 504.1K

17.15%

3-bedroom Apartment, Outside City Center (Monthly)

$1,408 £1,064

$1,167 Ft 379.7K

20.67%

Buy Apartment in City Center (m2)

$5,648 £4,268

$5,618 Ft 1.8M

0.53%

Buy Apartment Outside City Center (m2)

$2,716 £2,052

$3,968 Ft 1.3M

-31.56%

Average Monthly Net Salary (After Tax)

$3,182 £2,405

$1,626 Ft 529.0K

95.74%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.77

6.43

-25.82%

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

Last update for Sheffield: October 4, 2026

Last update for Budapest: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Sheffield

$915 41%

Budapest

$629 38.7% 31.2% $286

Monthly Utilities & Internet

Sheffield

$400 17.9%

Budapest

$217 13.4% 45.6% $182

Eating Out

Sheffield

$294 13.2%

Budapest

$224 13.8% 23.8% $70

Groceries & Markets

Sheffield

$294 13.2%

Budapest

$258 15.8% 12.3% $36

Clothing & Footwear

Sheffield

$138 6.2%

Budapest

$169 10.4% 22.9% $32

Getting Around

Sheffield

$122 5.5%

Budapest

$43 2.7% 64.3% $78

Sport & Entertainment

Sheffield

$69 3.1%

Budapest

$85 5.2% 23.1% $16

Cost Breakdown

A central one-bedroom costs $1,214 in Sheffield versus $805 in Budapest. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 96% higher in Sheffield, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $82.0 in Sheffield versus $60.0 in Budapest. Monthly groceries follow the same trend: $294 vs $258 – making Budapest the more affordable choice for daily food spending.

Good to know

🇬🇧 Sheffield

🇭🇺 Budapest

🕒 Local time

04:08 4:08 AM

05:08 5:08 AM

1 h ahead of Sheffield

🌤 Weather

👥 Population

547,000

1,686,222 Capital

💱 Currency

British Pound GBP £

Hungarian Forint HUF Ft

📈 Exchange rate

1 GBP = 1.32 USD

1 GBP = 1.18 EUR

1,000 HUF = 3.07 USD

1,000 HUF = 2.74 EUR

Exchange rates and currency converter

HUF, USD, EUR to GBP – British Pound Converter

🇺🇸 United States Dollar ($)

🇬🇧 British Pound (£)

British Pound exchange rates as of October 10, 2026: 1 USD = 0.756 GBP (1 GBP = 1.32 USD). 1 EUR = 0.848 GBP (1 GBP = 1.18 EUR).

Hungarian Forint exchange rates as of October 10, 2026: 1 USD = 325 HUF (1,000 HUF = 3.07 USD). 1 EUR = 365 HUF (1,000 HUF = 2.74 EUR).

USD to GBP in detail →

On the map

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Highest

Between locations

Sheffield Budapest 1,590 km ≈ 2 h 30 min nonstop flight

From you

Sheffield
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

Sheffield vs Budapest: Cost of Living - Frequently Asked Questions

Yes – Sheffield is pricier by about 38%, and outside of rent the gap shows up most in transport.

For a comfortable life, plan on about $3,364 per month in Sheffield and $2,432 in Budapest. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Public transport costs about 239% less in Budapest. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $1,217 per month in Sheffield and $537 in Budapest. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,500 monthly budget goes further in Budapest, where all-in costs run around $1,621, than in Sheffield at $2,242. In Budapest it covers expenses comfortably, while in Sheffield it requires careful planning or may not stretch far enough.

Families tend to lean toward Budapest – 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 Budapest. If higher salaries, better infrastructure, or specific career opportunities are the priority, Sheffield makes more sense. Both are solid long-term options with distinct trade-offs.