Last update: Oct 2026

Cost of Living Comparison Between Songdo-dong and Budapest

For one person, living is cheaper in Songdo-dong: $1,444 a month against $1,619 in Budapest, rent and utilities included – about $2,100 less a year. Rent and utilities account for most of the difference.

70

Cost of Living Index in Songdo-dong
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Songdo-dong Living Index
79

Cost of Living Index in Budapest
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Budapest Living Index

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Songdo-dong

🇰🇷 South Korea

$1,444

/mo nomad

Budapest

🇭🇺 Hungary

$1,619

/mo nomad

Monthly Cost of Living

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

A single person spends $1,444 per month in Songdo-dong vs $1,619 in Budapest, rent included.

Songdo-dong $1,444
Budapest $1,619

A couple spends around $2,292 per month in Songdo-dong vs $2,524 in Budapest, rent included.

Songdo-dong $2,292
Budapest $2,524

A family of three spends $3,140 per month in Songdo-dong vs $3,429 in Budapest, rent included.

Songdo-dong $3,140
Budapest $3,429

Songdo-dong is about 11% cheaper than Budapest, and outside of rent the biggest gap is in groceries.

Both Songdo-dong and Budapest sit above the global median – Songdo-dong by 7%, Budapest by 20%.

Meal at Budget Restaurant

$5.87 ₩7,798

$13.94 Ft 4,503

-57.89%

Three-Course Dinner for Two, Mid-Range

$34.90 ₩46.4K

$61.2 Ft 19.8K

-42.99%

Fast Food Meal (McDonalds, etc)

$6.63 ₩8,816

$10.19 Ft 3,291

-34.94%

Cappuccino

$3.62 ₩4,815

$3.26 Ft 1,055

11.04%

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

$1.53 ₩2,032

$2.14 Ft 690

-28.50%

Water (0.33 liter bottle)

$0.58 ₩777

$1.78 Ft 577

-67.42%

Local Beer (0.5 liter draught)

$3.06 ₩4,063

$3.71 Ft 1,198

-17.52%

Imported Beer (0.33 liter bottle)

$4.56 ₩6,067

$3.77 Ft 1,217

20.95%

Milk (1 liter)

$2.20 ₩2,925

$1.15 Ft 371

91.30%

White Bread (500g)

$3.06 ₩4,066

$1.79 Ft 578

70.95%

Rice (white) (1kg)

$2.35 ₩3,126

$2.49 Ft 804

-5.62%

Eggs

$3.33 ₩4,429

$3.90 Ft 1,261

-14.62%

Local Cheese (1kg)

$15.79 ₩21.0K

$11.10 Ft 3,587

42.25%

Chicken Fillets (1kg)

$7.80 ₩10.4K

$6.62 Ft 2,139

17.82%

Beef Round Steak (1kg)

$11.34 ₩15.1K

$14.69 Ft 4,745

-22.80%

Apples (1kg)

$7.80 ₩10.4K

$1.83 Ft 591

326.23%

Banana (1kg)

$3.18 ₩4,234

$2.05 Ft 661

55.12%

Oranges (1kg)

$7.67 ₩10.2K

$2.37 Ft 765

223.63%

Tomato (1kg)

$6.78 ₩9,017

$3.90 Ft 1,260

73.85%

Potato (1kg)

$3.55 ₩4,720

$0.99 Ft 320

258.59%

Onion (1kg)

$2.42 ₩3,216

$1.00 Ft 322

142.00%

Lettuce (1 head)

$2.04 ₩2,718

$1.58 Ft 511

29.11%

Water (1.5 liter bottle)

$1.47 ₩1,960

$0.67 Ft 216

119.40%

Cigarettes 20 Pack (Marlboro, Camel)

$3.29 ₩4,379

$7.96 Ft 2,572

-58.67%

Wine (Bottle)

$18.48 ₩24.6K

$6.22 Ft 2,009

197.11%

Local Beer (0.5 liter bottle)

$2.29 ₩3,043

$1.27 Ft 411

80.31%

Imported Beer (0.33 liter bottle)

$2.03 Ft 654

One-way Ticket (Public Transport)

$1.52 Ft 490

Public Transport Monthly Pass (Regular Price)

$28.02 Ft 9,053

Taxi Start (Normal Tariff)

$3.64 ₩4,836

$3.31 Ft 1,070

9.97%

Taxi (Normal Tariff) (1km)

$0.61 ₩817

$1.37 Ft 442

-55.47%

Taxi 1hour Waiting (Normal Tariff)

$19.83 Ft 6,406

Gasoline (1 liter)

$1.35 ₩1,790

$1.82 Ft 589

-25.82%

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

$29.2K ₩38.8M

$29.8K Ft 9.6M

-2.06%

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

$35.7K ₩47.4M

$33.8K Ft 10.9M

5.51%

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

$210 ₩278.6K

$171 Ft 55.3K

22.45%

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

$43.59 ₩58.0K

$23.51 Ft 7,596

85.41%

Internet (50+ Mbps, Unlimited Data)

$20.61 ₩27.4K

$23.29 Ft 7,526

-11.51%

Gym Membership (Monthly)

$67.5 Ft 21.8K

Tennis Court (1 Hour on Weekend)

$18.89 Ft 6,104

Cinema Ticket

$11.32 ₩15.1K

$9.30 Ft 3,004

21.72%

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

$380 ₩505.4K

$533 Ft 172.3K

-28.73%

International Primary School, 1 Child (Yearly)

$17.9K ₩23.8M

$16.8K Ft 5.4M

6.68%

Jeans (Levis 501 Or Similar)

$64.3 ₩85.5K

$99.6 Ft 32.2K

-35.47%

Summer Dress (H&M, Zara, etc)

$64.7 ₩86.0K

$43.49 Ft 14.0K

48.82%

Sport Shoes (Adidas, Nike)

$75.5 ₩100.4K

$110 Ft 35.7K

-31.56%

Men's Leather Business Shoes

$99.0 ₩131.6K

$119 Ft 38.4K

-16.82%

1-bedroom Apartment, City Center (Monthly)

$830 Ft 268.3K

1-bedroom Apartment, Outside City Center (Monthly)

$453 ₩602.6K

$622 Ft 200.9K

-27.13%

3-bedroom Apartment, City Center (Monthly)

$1,914 ₩2.5M

$1,594 Ft 514.9K

20.13%

3-bedroom Apartment, Outside City Center (Monthly)

$1,064 ₩1.4M

$1,170 Ft 378.1K

-9.12%

Buy Apartment in City Center (m2)

$5,832 Ft 1.9M

Buy Apartment Outside City Center (m2)

$3,889 Ft 1.3M

Average Monthly Net Salary (After Tax)

$3,372 ₩4.5M

$1,651 Ft 533.4K

104.24%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.1

6.45

-36.43%

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

Last update for Songdo-dong: October 11, 2026

Last update for Budapest: October 13, 2026

Monthly budget structure

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

Accommodation & Living

Songdo-dong

$453 31.4%

Budapest

$622 38.4% 37.2% $169

Groceries & Markets

Songdo-dong

$408 * 28.3%

Budapest

$258 15.9% 36.8% $150

Monthly Utilities & Internet

Songdo-dong

$274 19%

Budapest

$218 13.5% 20.4% $56

Eating Out

Songdo-dong

$143 9.9%

Budapest

$223 13.8% 55.8% $80

Clothing & Footwear

Songdo-dong

$137 9.5%

Budapest

$168 10.4% 22.7% $31

Sport & Entertainment

Songdo-dong

$23 * 1.6%

Budapest

$86 5.3% 280% $63

Getting Around

Songdo-dong

$6.7 * 0.5%

Budapest

$44 2.7% 559% $38

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

Salaries run about 104% higher in Songdo-dong, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $35.00 in Songdo-dong versus $61.0 in Budapest. Groceries tell a different story – $408 in Songdo-dong vs $258 in Budapest – so Budapest wins on supermarket bills even if dining out costs more.

Good to know

🇰🇷 Songdo-dong

🇭🇺 Budapest

🕒 Local time

04:29 4:29 AM

21:29 9:29 PM

7 h behind Songdo-dong

🌤 Weather

👥 Population

1,686,222 Capital

💱 Currency

South Korean Won KRW ₩

Hungarian Forint HUF Ft

📈 Exchange rate

10,000 KRW = 7.52 USD

10,000 KRW = 6.69 EUR

1,000 HUF = 3.1 USD

1,000 HUF = 2.75 EUR

Exchange rates and currency converter

HUF, USD, EUR to KRW – South Korean Won Converter

🇺🇸 United States Dollar ($)

🇰🇷 South Korean Won (₩)

South Korean Won exchange rates as of October 17, 2026: 1 USD = 1,330 KRW (10,000 KRW = 7.52 USD). 1 EUR = 1,495 KRW (10,000 KRW = 6.69 EUR).

Hungarian Forint exchange rates as of October 17, 2026: 1 USD = 323 HUF (1,000 HUF = 3.1 USD). 1 EUR = 363 HUF (1,000 HUF = 2.75 EUR).

USD to KRW in detail →

On the map

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Between locations

Songdo-dong Budapest 8,160 km ≈ 11 h nonstop flight

From you

Songdo-dong
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

Songdo-dong vs Budapest: Cost of Living - Frequently Asked Questions

Yes – Budapest is pricier by about 12%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $2,166 per month in Songdo-dong and $2,428 in Budapest. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A mid-range dinner for two costs $35.00 in Songdo-dong and $61.0 in Budapest. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Interestingly, groceries are about 58% cheaper in Budapest – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A $1,500 monthly budget goes further in Songdo-dong, where all-in costs run around $1,444, than in Budapest at $1,619. In Songdo-dong it covers expenses comfortably, while in Budapest it requires careful planning or may not stretch far enough.

Families tend to lean toward Songdo-dong – 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 Songdo-dong. 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.