Last update: Oct 2026

Cost of Living Comparison Between Takoradi and Budapest

For one person, living is cheaper in Takoradi: $566 a month against $1,619 in Budapest, rent and utilities included – about $12,600 less a year. Rent and utilities account for most of the difference.

28

Cost of Living Index in Takoradi
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Takoradi Living Index
79

Cost of Living Index in Budapest
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Budapest Living Index

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Takoradi

🇬🇭 Ghana

$566

/mo nomad

Budapest

🇭🇺 Hungary

$1,619

/mo nomad

Monthly Cost of Living

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

A single person spends $566 per month in Takoradi vs $1,619 in Budapest, rent included.

Takoradi $566
Budapest $1,619

A couple spends around $952 per month in Takoradi vs $2,524 in Budapest, rent included.

Takoradi $952
Budapest $2,524

A family of three spends $1,338 per month in Takoradi vs $3,429 in Budapest, rent included.

Takoradi $1,338
Budapest $3,429

Takoradi is about 65% cheaper than Budapest, and outside of rent the biggest gap is in clothing.

Takoradi sits 58% below the global median, while Budapest is 20% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$8.11 GHS 94.3

$13.94 Ft 4,503

-41.82%

Three-Course Dinner for Two, Mid-Range

$50.1 GHS 583

$61.2 Ft 19.8K

-18.10%

Fast Food Meal (McDonalds, etc)

$10.48 GHS 122

$10.19 Ft 3,291

2.85%

Cappuccino

$4.38 GHS 50.9

$3.26 Ft 1,055

34.36%

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

$1.60 GHS 18.64

$2.14 Ft 690

-25.23%

Water (0.33 liter bottle)

$0.44 GHS 5.14

$1.78 Ft 577

-75.28%

Local Beer (0.5 liter draught)

$1.81 GHS 21.09

$3.71 Ft 1,198

-51.21%

Imported Beer (0.33 liter bottle)

$2.19 GHS 25.45

$3.77 Ft 1,217

-41.91%

Milk (1 liter)

$1.41 GHS 16.36

$1.15 Ft 371

22.61%

White Bread (500g)

$1.03 GHS 12.01

$1.79 Ft 578

-42.46%

Rice (white) (1kg)

$1.73 GHS 20.10

$2.49 Ft 804

-30.52%

Eggs

$2.57 GHS 29.87

$3.90 Ft 1,261

-34.10%

Local Cheese (1kg)

$11.74 GHS 137

$11.10 Ft 3,587

5.77%

Chicken Fillets (1kg)

$4.61 GHS 53.6

$6.62 Ft 2,139

-30.36%

Beef Round Steak (1kg)

$2.61 GHS 30.33

$14.69 Ft 4,745

-82.23%

Apples (1kg)

$2.40 GHS 27.95

$1.83 Ft 591

31.15%

Banana (1kg)

$0.87 GHS 10.11

$2.05 Ft 661

-57.56%

Oranges (1kg)

$1.05 GHS 12.21

$2.37 Ft 765

-55.70%

Tomato (1kg)

$1.73 GHS 20.13

$3.90 Ft 1,260

-55.64%

Potato (1kg)

$2.27 GHS 26.36

$0.99 Ft 320

129.29%

Onion (1kg)

$1.86 GHS 21.65

$1.00 Ft 322

86.00%

Lettuce (1 head)

$0.74 GHS 8.56

$1.58 Ft 511

-53.16%

Water (1.5 liter bottle)

$0.24 GHS 2.78

$0.67 Ft 216

-64.18%

Cigarettes 20 Pack (Marlboro, Camel)

$2.53 GHS 29.47

$7.96 Ft 2,572

-68.22%

Wine (Bottle)

$7.19 GHS 83.6

$6.22 Ft 2,009

15.59%

Local Beer (0.5 liter bottle)

$0.31 GHS 3.64

$1.27 Ft 411

-75.59%

Imported Beer (0.33 liter bottle)

$2.43 GHS 28.27

$2.03 Ft 654

19.70%

One-way Ticket (Public Transport)

$1.52 Ft 490

Public Transport Monthly Pass (Regular Price)

$28.02 Ft 9,053

Taxi Start (Normal Tariff)

$1.74 GHS 20.26

$3.31 Ft 1,070

-47.43%

Taxi (Normal Tariff) (1km)

$1.24 GHS 14.44

$1.37 Ft 442

-9.49%

Taxi 1hour Waiting (Normal Tariff)

$4.19 GHS 48.76

$19.83 Ft 6,406

-78.87%

Gasoline (1 liter)

$1.35 GHS 15.76

$1.82 Ft 589

-25.82%

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

$7,998 GHS 93.0K

$29.8K Ft 9.6M

-73.16%

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

$9,720 GHS 113.0K

$33.8K Ft 10.9M

-71.25%

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

$72.3 GHS 841

$171 Ft 55.3K

-57.74%

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

$19.30 GHS 224

$23.51 Ft 7,596

-17.91%

Internet (50+ Mbps, Unlimited Data)

$41.81 GHS 486

$23.29 Ft 7,526

79.52%

Gym Membership (Monthly)

$67.5 Ft 21.8K

Tennis Court (1 Hour on Weekend)

$18.89 Ft 6,104

Cinema Ticket

$12.67 GHS 147

$9.30 Ft 3,004

36.24%

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

$463 GHS 5,389

$533 Ft 172.3K

-13.12%

International Primary School, 1 Child (Yearly)

$18.4K GHS 214.1K

$16.8K Ft 5.4M

9.84%

Jeans (Levis 501 Or Similar)

$14.16 GHS 165

$99.6 Ft 32.2K

-85.78%

Summer Dress (H&M, Zara, etc)

$18.49 GHS 215

$43.49 Ft 14.0K

-57.48%

Sport Shoes (Adidas, Nike)

$36.33 GHS 422

$110 Ft 35.7K

-67.08%

Men's Leather Business Shoes

$51.7 GHS 601

$119 Ft 38.4K

-56.56%

1-bedroom Apartment, City Center (Monthly)

$830 Ft 268.3K

1-bedroom Apartment, Outside City Center (Monthly)

$622 Ft 200.9K

3-bedroom Apartment, City Center (Monthly)

$1,594 Ft 514.9K

3-bedroom Apartment, Outside City Center (Monthly)

$1,170 Ft 378.1K

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)

$1,651 Ft 533.4K

20-Year Fixed Mortgage Interest Rate (Annual %)

26.75

6.45

314.73%

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

Last update for Takoradi: 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

Takoradi

$175 30.9%

Budapest

$258 15.9% 47.5% $83

Eating Out

Takoradi

$170 30.1%

Budapest

$223 13.8% 30.8% $53

Monthly Utilities & Internet

Takoradi

$133 23.6%

Budapest

$218 13.5% 63.3% $85

Clothing & Footwear

Takoradi

$54 9.6%

Budapest

$168 10.4% 209% $113

Sport & Entertainment

Takoradi

$25 * 4.5%

Budapest

$86 5.3% 240% $61

Getting Around

Takoradi

$8 * 1.4%

Budapest

$44 2.7% 457% $36

Accommodation & Living

Takoradi

- * 0%

Budapest

$622 38.4%

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

Cost Breakdown

A mid-range dinner for two costs $50.0 in Takoradi versus $61.0 in Budapest. Monthly groceries follow the same trend: $175 vs $258 – making Takoradi the more affordable choice for daily food spending.

Good to know

🇬🇭 Takoradi

🇭🇺 Budapest

🕒 Local time

18:11 6:11 PM

20:11 8:11 PM

2 h ahead of Takoradi

🌤 Weather

👥 Population

539,548

1,686,222 Capital

💱 Currency

Ghanaian Cedi GHS ₵

Hungarian Forint HUF Ft

📈 Exchange rate

100 GHS = 8.6 USD

100 GHS = 7.65 EUR

1,000 HUF = 3.1 USD

1,000 HUF = 2.75 EUR

Exchange rates and currency converter

HUF, USD, EUR to GHS – Ghanaian Cedi Converter

🇺🇸 United States Dollar ($)

🇬🇭 Ghanaian Cedi (₵)

Ghanaian Cedi exchange rates as of October 17, 2026: 1 USD = 11.63 GHS (100 GHS = 8.6 USD). 1 EUR = 13.08 GHS (100 GHS = 7.65 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 GHS in detail →

On the map

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Between locations

Takoradi Budapest 5,140 km ≈ 7 h nonstop flight

From you

Takoradi
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

Takoradi vs Budapest: Cost of Living - Frequently Asked Questions

Yes – Budapest is pricier by about 186%, and outside of rent the gap shows up most in clothing.

For a comfortable life, plan on about $850 per month in Takoradi 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 $50.0 in Takoradi and $61.0 in Budapest. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 47% more in Budapest, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,500 monthly budget goes further in Takoradi, where all-in costs run around $566, than in Budapest at $1,619. In Takoradi it covers expenses comfortably, while in Budapest it requires careful planning or may not stretch far enough.

Families tend to lean toward Takoradi – 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 Takoradi. 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.