Last update: Oct 2026

Cost of Living Comparison Between Tema and Budapest

For one person, living is cheaper in Tema: $738 a month against $1,621 in Budapest, rent and utilities included – about $10,600 less a year. Rent and utilities account for most of the difference.

36

Cost of Living Index in Tema
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Tema Living Index
79

Cost of Living Index in Budapest
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Budapest Living Index

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Tema

🇬🇭 Ghana

$738

/mo nomad

Budapest

🇭🇺 Hungary

$1,621

/mo nomad

Monthly Cost of Living

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

A single person spends $738 per month in Tema vs $1,621 in Budapest, rent included.

Tema $738
Budapest $1,621

A couple spends around $1,173 per month in Tema vs $2,555 in Budapest, rent included.

Tema $1,173
Budapest $2,555

A family of three spends $1,608 per month in Tema vs $3,489 in Budapest, rent included.

Tema $1,608
Budapest $3,489

Tema is about 54% cheaper than Budapest, and outside of rent the biggest gap is in clothing.

Tema sits 45% below the global median, while Budapest is 21% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$7.03 GHS 82.6

$13.99 Ft 4,551

-49.75%

Three-Course Dinner for Two, Mid-Range

$27.88 GHS 328

$60.3 Ft 19.6K

-53.80%

Fast Food Meal (McDonalds, etc)

$9.96 Ft 3,241

Cappuccino

$5.05 GHS 59.3

$3.38 Ft 1,100

49.41%

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

$0.90 GHS 10.57

$2.13 Ft 692

-57.75%

Water (0.33 liter bottle)

$0.30 GHS 3.55

$1.87 Ft 608

-83.96%

Local Beer (0.5 liter draught)

$3.29 GHS 38.67

$3.75 Ft 1,221

-12.27%

Imported Beer (0.33 liter bottle)

$2.61 GHS 30.66

$3.57 Ft 1,162

-26.89%

Milk (1 liter)

$3.16 GHS 37.18

$1.13 Ft 368

179.65%

White Bread (500g)

$1.60 GHS 18.84

$1.84 Ft 599

-13.04%

Rice (white) (1kg)

$2.07 GHS 24.34

$2.39 Ft 777

-13.39%

Eggs

$2.30 GHS 27.06

$3.83 Ft 1,245

-39.95%

Local Cheese (1kg)

$4.38 GHS 51.4

$11.33 Ft 3,686

-61.34%

Chicken Fillets (1kg)

$3.17 GHS 37.21

$6.74 Ft 2,192

-52.97%

Beef Round Steak (1kg)

$3.38 GHS 39.73

$14.69 Ft 4,780

-76.99%

Apples (1kg)

$2.61 GHS 30.71

$1.84 Ft 597

41.85%

Banana (1kg)

$2.13 GHS 25.06

$2.01 Ft 653

5.97%

Oranges (1kg)

$2.21 GHS 26.01

$2.36 Ft 767

-6.36%

Tomato (1kg)

$3.49 GHS 41.02

$3.77 Ft 1,226

-7.43%

Potato (1kg)

$3.40 GHS 39.98

$0.96 Ft 313

254.17%

Onion (1kg)

$2.82 GHS 33.12

$1.03 Ft 334

173.79%

Lettuce (1 head)

$0.45 GHS 5.25

$1.56 Ft 509

-71.15%

Water (1.5 liter bottle)

$0.67 GHS 7.86

$0.66 Ft 216

1.52%

Cigarettes 20 Pack (Marlboro, Camel)

$1.26 GHS 14.86

$7.96 Ft 2,591

-84.17%

Wine (Bottle)

$8.54 GHS 100

$6.01 Ft 1,954

42.10%

Local Beer (0.5 liter bottle)

$2.10 GHS 24.63

$1.30 Ft 421

61.54%

Imported Beer (0.33 liter bottle)

$2.96 GHS 34.79

$2.08 Ft 676

42.31%

One-way Ticket (Public Transport)

$1.68 GHS 19.73

$1.50 Ft 489

12.00%

Public Transport Monthly Pass (Regular Price)

$41.17 GHS 484

$27.61 Ft 8,982

49.11%

Taxi Start (Normal Tariff)

$2.10 GHS 24.73

$3.30 Ft 1,074

-36.36%

Taxi (Normal Tariff) (1km)

$0.41 GHS 4.83

$1.30 Ft 424

-68.46%

Taxi 1hour Waiting (Normal Tariff)

$19.78 Ft 6,436

Gasoline (1 liter)

$1.19 GHS 13.98

$1.81 Ft 591

-34.25%

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

$29.3K Ft 9.5M

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

$34.1K Ft 11.1M

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

$78.2 GHS 919

$170 Ft 55.3K

-54.00%

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

$15.22 GHS 179

$23.98 Ft 7,802

-36.53%

Internet (50+ Mbps, Unlimited Data)

$82.5 GHS 970

$23.42 Ft 7,621

252.43%

Gym Membership (Monthly)

$24.06 GHS 283

$66.2 Ft 21.6K

-63.68%

Tennis Court (1 Hour on Weekend)

$19.18 Ft 6,239

Cinema Ticket

$8.80 GHS 103

$9.52 Ft 3,098

-7.56%

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

$174 GHS 2,050

$537 Ft 174.6K

-67.50%

International Primary School, 1 Child (Yearly)

$2,544 GHS 29.9K

$16.6K Ft 5.4M

-84.68%

Jeans (Levis 501 Or Similar)

$13.07 GHS 154

$101 Ft 33.0K

-87.10%

Summer Dress (H&M, Zara, etc)

$15.40 GHS 181

$42.99 Ft 14.0K

-64.18%

Sport Shoes (Adidas, Nike)

$42.37 GHS 498

$113 Ft 36.7K

-62.42%

Men's Leather Business Shoes

$32.20 GHS 378

$119 Ft 38.6K

-72.88%

1-bedroom Apartment, City Center (Monthly)

$126 GHS 1,485

$805 Ft 262.0K

-84.30%

1-bedroom Apartment, Outside City Center (Monthly)

$71.3 GHS 838

$629 Ft 204.7K

-88.67%

3-bedroom Apartment, City Center (Monthly)

$426 GHS 5,008

$1,549 Ft 504.1K

-72.49%

3-bedroom Apartment, Outside City Center (Monthly)

$209 GHS 2,456

$1,167 Ft 379.7K

-82.09%

Buy Apartment in City Center (m2)

$9,909 GHS 116.4K

$5,618 Ft 1.8M

76.38%

Buy Apartment Outside City Center (m2)

$5,903 GHS 69.4K

$3,968 Ft 1.3M

48.77%

Average Monthly Net Salary (After Tax)

$419 GHS 4,921

$1,626 Ft 529.0K

-74.24%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.43

444.32%

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

Last update for Tema: October 4, 2026

Last update for Budapest: October 5, 2026

Monthly budget structure

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

Groceries & Markets

Tema

$216 28.9%

Budapest

$258 15.8% 19.5% $42

Monthly Utilities & Internet

Tema

$176 23.6%

Budapest

$217 13.4% 23.5% $41

Eating Out

Tema

$143 * 19.2%

Budapest

$224 13.8% 56.5% $81

Accommodation & Living

Tema

$71 9.6%

Budapest

$629 38.7% 783% $558

Getting Around

Tema

$52 7%

Budapest

$43 2.7% 16.5% $8.6

Clothing & Footwear

Tema

$46 6.2%

Budapest

$169 10.4% 265% $123

Sport & Entertainment

Tema

$42 5.6%

Budapest

$85 5.2% 105% $44

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

Cost Breakdown

A central one-bedroom costs $126 in Tema 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 288% higher in Budapest, 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 $28.00 in Tema versus $60.0 in Budapest. Monthly groceries follow the same trend: $216 vs $258 – making Tema the more affordable choice for daily food spending.

Good to know

🇬🇭 Tema

🇭🇺 Budapest

🕒 Local time

04:51 4:51 AM

06:51 6:51 AM

2 h ahead of Tema

🌤 Weather

👥 Population

160,000

1,686,222 Capital

💱 Currency

Ghanaian Cedi GHS ₵

Hungarian Forint HUF Ft

📈 Exchange rate

100 GHS = 8.51 USD

100 GHS = 7.59 EUR

1,000 HUF = 3.07 USD

1,000 HUF = 2.74 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 10, 2026: 1 USD = 11.75 GHS (100 GHS = 8.51 USD). 1 EUR = 13.18 GHS (100 GHS = 7.59 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 GHS in detail →

On the map

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Between locations

Tema Budapest 4,990 km ≈ 7 h nonstop flight

From you

Tema
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

Tema vs Budapest: Cost of Living - Frequently Asked Questions

Yes – Budapest is pricier by about 120%, and outside of rent the gap shows up most in clothing.

For a comfortable life, plan on about $1,107 per month in Tema 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 Tema, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Public transport costs about 49% less in Tema. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $174 per month in Tema and $537 in Budapest. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,000 monthly budget goes further in Tema, where all-in costs run around $738, than in Budapest at $1,621. In Tema it covers expenses comfortably, while in Budapest it requires careful planning or may not stretch far enough.

Families tend to lean toward Tema – 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 Tema. 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.