Last update: Oct 2026

Cost of Living Comparison Between Veliky Novgorod and Budapest

For one person, living is cheaper in Veliky Novgorod: $791 a month against $1,619 in Budapest, rent and utilities included – about $9,900 less a year. Rent and utilities account for most of the difference.

Veliky Novgorod
🇷🇺 Russia
$791
/mo nomad
Budapest
🇭🇺 Hungary
$1,619
/mo nomad
Monthly Cost of Living

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

A single person spends $791 per month in Veliky Novgorod vs $1,619 in Budapest, rent included.

  • Veliky Novgorod $791
  • Budapest $1,619

A couple spends around $1,322 per month in Veliky Novgorod vs $2,524 in Budapest, rent included.

  • Veliky Novgorod $1,322
  • Budapest $2,524

A family of three spends $1,853 per month in Veliky Novgorod vs $3,429 in Budapest, rent included.

  • Veliky Novgorod $1,853
  • Budapest $3,429

Veliky Novgorod is about 51% cheaper than Budapest, and outside of rent the biggest gap is in eating out.

Veliky Novgorod sits 41% below the global median, while Budapest is 20% above – they fall on opposite sides of the world average.

Currency
🍽 Eating Out
Veliky Novgorod
Budapest
Difference
Meal at Budget Restaurant
$8.52 ₽711
$13.94 Ft 4,503
-38.88%
Three-Course Dinner for Two, Mid-Range
$41.72 ₽3,482
$61.2 Ft 19.8K
-31.85%
Fast Food Meal (McDonalds, etc)
$5.26 ₽439
$10.19 Ft 3,291
-48.38%
Cappuccino
$2.10 ₽175
$3.26 Ft 1,055
-35.58%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$0.73 ₽61.0
$2.14 Ft 690
-65.89%
Water (0.33 liter bottle)
$0.37 ₽31.26
$1.78 Ft 577
-79.21%
Local Beer (0.5 liter draught)
$1.04 ₽86.6
$3.71 Ft 1,198
-71.97%
Imported Beer (0.33 liter bottle)
$1.84 ₽153
$3.77 Ft 1,217
-51.19%
🛒 Groceries & Markets
Veliky Novgorod
Budapest
Difference
Milk (1 liter)
$1.10 ₽91.5
$1.15 Ft 371
-4.35%
White Bread (500g)
$0.69 ₽57.7
$1.79 Ft 578
-61.45%
Rice (white) (1kg)
$1.70 ₽142
$2.49 Ft 804
-31.73%
Eggs
$1.27 ₽106
$3.90 Ft 1,261
-67.44%
Local Cheese (1kg)
$10.67 ₽891
$11.10 Ft 3,587
-3.87%
Chicken Fillets (1kg)
$6.24 ₽521
$6.62 Ft 2,139
-5.74%
Beef Round Steak (1kg)
$5.89 ₽491
$14.69 Ft 4,745
-59.90%
Apples (1kg)
$1.57 ₽131
$1.83 Ft 591
-14.21%
Banana (1kg)
$1.65 ₽138
$2.05 Ft 661
-19.51%
Oranges (1kg)
$1.64 ₽137
$2.37 Ft 765
-30.80%
Tomato (1kg)
$3.18 ₽265
$3.90 Ft 1,260
-18.46%
Potato (1kg)
$0.68 ₽56.8
$0.99 Ft 320
-31.31%
Onion (1kg)
$0.62 ₽51.3
$1.00 Ft 322
-38.00%
Lettuce (1 head)
$1.26 ₽105
$1.58 Ft 511
-20.25%
Water (1.5 liter bottle)
$0.80 ₽66.5
$0.67 Ft 216
19.40%
Cigarettes 20 Pack (Marlboro, Camel)
$2.96 ₽247
$7.96 Ft 2,572
-62.81%
Wine (Bottle)
$5.90 ₽492
$6.22 Ft 2,009
-5.14%
Local Beer (0.5 liter bottle)
$0.74 ₽61.4
$1.27 Ft 411
-41.73%
Imported Beer (0.33 liter bottle)
$0.91 ₽75.9
$2.03 Ft 654
-55.17%
🚌 Getting Around
Veliky Novgorod
Budapest
Difference
One-way Ticket (Public Transport)
$0.53 ₽43.84
$1.52 Ft 490
-65.13%
Public Transport Monthly Pass (Regular Price)
$33.40 ₽2,788
$28.02 Ft 9,053
19.20%
Taxi Start (Normal Tariff)
$1.82 ₽152
$3.31 Ft 1,070
-45.02%
Taxi (Normal Tariff) (1km)
$0.17 ₽13.85
$1.37 Ft 442
-87.59%
Taxi 1hour Waiting (Normal Tariff)
$3.50 ₽292
$19.83 Ft 6,406
-82.35%
Gasoline (1 liter)
$0.87 ₽72.5
$1.82 Ft 589
-52.20%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$18.1K ₽1.5M
$29.8K Ft 9.6M
-39.11%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$32.1K ₽2.7M
$33.8K Ft 10.9M
-5.06%
🧾 Monthly Utilities & Internet
Veliky Novgorod
Budapest
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$44.70 ₽3,730
$171 Ft 55.3K
-73.88%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$5.33 ₽445
$23.51 Ft 7,596
-77.33%
Internet (50+ Mbps, Unlimited Data)
$5.84 ₽487
$23.29 Ft 7,526
-74.92%
🎉 Sport & Entertainment
Veliky Novgorod
Budapest
Difference
Gym Membership (Monthly)
$33.20 ₽2,771
$67.5 Ft 21.8K
-50.84%
Tennis Court (1 Hour on Weekend)
$21.55 ₽1,799
$18.89 Ft 6,104
14.08%
Cinema Ticket
$5.27 ₽440
$9.30 Ft 3,004
-43.33%
🧸 Childcare & Education
Veliky Novgorod
Budapest
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$635 ₽53.0K
$533 Ft 172.3K
18.98%
International Primary School, 1 Child (Yearly)
$17.2K ₽1.4M
$16.8K Ft 5.4M
2.72%
👕👟 Clothing & Footwear
Veliky Novgorod
Budapest
Difference
Jeans (Levis 501 Or Similar)
$35.26 ₽2,942
$99.6 Ft 32.2K
-64.60%
Summer Dress (H&M, Zara, etc)
$29.96 ₽2,501
$43.49 Ft 14.0K
-31.11%
Sport Shoes (Adidas, Nike)
$100 ₽8,370
$110 Ft 35.7K
-9.12%
Men's Leather Business Shoes
$70.2 ₽5,862
$119 Ft 38.4K
-40.97%
🏠 Accommodation & Living
Veliky Novgorod
Budapest
Difference
1-bedroom Apartment, City Center (Monthly)
$356 ₽29.7K
$830 Ft 268.3K
-57.15%
1-bedroom Apartment, Outside City Center (Monthly)
$238 ₽19.9K
$622 Ft 200.9K
-61.69%
3-bedroom Apartment, City Center (Monthly)
$660 ₽55.0K
$1,594 Ft 514.9K
-58.61%
3-bedroom Apartment, Outside City Center (Monthly)
$480 ₽40.0K
$1,170 Ft 378.1K
-59.01%
Buy Apartment in City Center (m2)
$1,713 ₽143.0K
$5,832 Ft 1.9M
-70.62%
Buy Apartment Outside City Center (m2)
$1,213 ₽101.3K
$3,889 Ft 1.3M
-68.80%
💵 Salaries & Financials
Veliky Novgorod
Budapest
Difference
Average Monthly Net Salary (After Tax)
$770 ₽64.3K
$1,651 Ft 533.4K
-53.35%
20-Year Fixed Mortgage Interest Rate (Annual %)
19.5
6.45
202.33%

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

Last update for Veliky Novgorod: 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
Veliky Novgorod
$238
Budapest
$622 161% $384
Groceries & Markets
Veliky Novgorod
$186
Budapest
$258 38.7% $72
Eating Out
Veliky Novgorod
$122
Budapest
$223 82.1% $101
Clothing & Footwear
Veliky Novgorod
$106
Budapest
$168 58% $62
Monthly Utilities & Internet
Veliky Novgorod
$56
Budapest
$218 290% $162
Sport & Entertainment
Veliky Novgorod
$44
Budapest
$86 96.8% $42
Getting Around
Veliky Novgorod
$38
Budapest
$44 16% $6.1

Cost Breakdown

A central one-bedroom costs $356 in Veliky Novgorod 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.

Salaries run about 114% 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 $42.00 in Veliky Novgorod versus $61.0 in Budapest. Monthly groceries follow the same trend: $186 vs $258 – making Veliky Novgorod the more affordable choice for daily food spending.

Good to know
🇷🇺 Veliky Novgorod
🇭🇺 Budapest
🕒 Local time
10:16 10:16 AM
09:16 9:16 AM
1 h behind Veliky Novgorod
🌤 Weather
👥 Population
223,191
1,686,222 Capital
💱 Currency
Exchange rates and currency converter

HUF, USD, EUR to RUB – Russian Ruble Converter

Russian Ruble exchange rates as of October 18, 2026: 1 USD = 83.46 RUB (100 RUB = 1.2 USD). 1 EUR = 93.83 RUB (100 RUB = 1.07 EUR).

Hungarian Forint exchange rates as of October 18, 2026: 1 USD = 323 HUF (1,000 HUF = 3.1 USD). 1 EUR = 363 HUF (1,000 HUF = 2.75 EUR).

On the map
Between locations
  • Veliky Novgorod Budapest 1,470 km ≈ 2 h 15 min nonstop flight
From you
  • Veliky Novgorod
  • Budapest

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

City Median Internet Speeds Comparison (Updated March 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index
Veliky Novgorod vs Budapest: Cost of Living - Frequently Asked Questions
Is Budapest cheaper than Veliky Novgorod?
Yes – Budapest is pricier by about 105%, and outside of rent the gap shows up most in eating out.
What income do you need for each city?
For a comfortable life, plan on about $1,186 per month in Veliky Novgorod and $2,428 in Budapest. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in Veliky Novgorod, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
Which city has cheaper public transport?
Public transport costs about 19% less in Veliky Novgorod. For daily commuters, that gap adds up to noticeable savings over a year.
Which city has cheaper kindergarten?
Kindergarten costs $635 per month in Veliky Novgorod and $533 in Budapest. For families with young kids, this one expense can tip the scales when choosing between the two cities.
Is $2,000 a realistic budget for living in Veliky Novgorod or in Budapest?
A $2,000 monthly budget goes further in Veliky Novgorod, where all-in costs run around $791, than in Budapest at $1,619. In Veliky Novgorod it covers expenses comfortably, while in Budapest it requires careful planning or may not stretch far enough.
Is Veliky Novgorod or Budapest more family-friendly?
Families tend to lean toward Veliky Novgorod – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is safer, Veliky Novgorod or Budapest?
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.
Which city is the better choice to relocate to?
If budget matters most, go with Veliky Novgorod. 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.

Veliky Novgorod vs other spots: cost of living compared

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