Last update: Oct 2026

Cost of Living Comparison Between Yerevan and Budapest

For one person, living costs are similar in Yerevan and in Budapest: $1,579 and $1,621 a month, rent and utilities included.

76

Cost of Living Index in Yerevan
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Yerevan Living Index
79

Cost of Living Index in Budapest
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Budapest Living Index

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Yerevan

🇦🇲 Armenia

$1,579

/mo nomad

Budapest

🇭🇺 Hungary

$1,621

/mo nomad

Monthly Cost of Living

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

A single person spends $1,579 per month in Yerevan vs $1,621 in Budapest, rent included.

Yerevan $1,579
Budapest $1,621

A couple spends around $2,338 per month in Yerevan vs $2,555 in Budapest, rent included.

Yerevan $2,338
Budapest $2,555

A family of three spends $3,096 per month in Yerevan vs $3,489 in Budapest, rent included.

Yerevan $3,096
Budapest $3,489

Yerevan is about 3% cheaper than Budapest, and outside of rent the biggest gap is in clothing.

Both Yerevan and Budapest sit above the global median – Yerevan by 18%, Budapest by 21%.

Meal at Budget Restaurant

$10.99 ֏3,971

$13.99 Ft 4,555

-21.44%

Three-Course Dinner for Two, Mid-Range

$62.8 ֏22.7K

$60.3 Ft 19.7K

4.13%

Fast Food Meal (McDonalds, etc)

$10.98 ֏3,968

$9.96 Ft 3,244

10.24%

Cappuccino

$3.88 ֏1,404

$3.38 Ft 1,102

14.79%

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

$1.22 ֏441

$2.13 Ft 693

-42.72%

Water (0.33 liter bottle)

$0.71 ֏257

$1.87 Ft 609

-62.03%

Local Beer (0.5 liter draught)

$2.74 ֏992

$3.75 Ft 1,222

-26.93%

Imported Beer (0.33 liter bottle)

$3.53 ֏1,275

$3.57 Ft 1,163

-1.12%

Milk (1 liter)

$1.72 ֏623

$1.13 Ft 369

52.21%

White Bread (500g)

$0.96 ֏346

$1.84 Ft 600

-47.83%

Rice (white) (1kg)

$2.31 ֏833

$2.39 Ft 777

-3.35%

Eggs

$2.73 ֏987

$3.83 Ft 1,246

-28.72%

Local Cheese (1kg)

$8.80 ֏3,180

$11.33 Ft 3,689

-22.33%

Chicken Fillets (1kg)

$7.85 ֏2,837

$6.74 Ft 2,194

16.47%

Beef Round Steak (1kg)

$14.18 ֏5,127

$14.69 Ft 4,784

-3.47%

Apples (1kg)

$1.48 ֏536

$1.84 Ft 598

-19.57%

Banana (1kg)

$1.78 ֏643

$2.01 Ft 654

-11.44%

Oranges (1kg)

$1.93 ֏699

$2.36 Ft 767

-18.22%

Tomato (1kg)

$2.62 ֏946

$3.77 Ft 1,227

-30.50%

Potato (1kg)

$0.68 ֏247

$0.96 Ft 314

-29.17%

Onion (1kg)

$0.69 ֏251

$1.03 Ft 335

-33.01%

Lettuce (1 head)

$0.98 ֏353

$1.56 Ft 509

-37.18%

Water (1.5 liter bottle)

$0.78 ֏280

$0.66 Ft 216

18.18%

Cigarettes 20 Pack (Marlboro, Camel)

$2.79 ֏1,009

$7.96 Ft 2,594

-64.95%

Wine (Bottle)

$10.84 ֏3,920

$6.01 Ft 1,956

80.37%

Local Beer (0.5 liter bottle)

$1.59 ֏576

$1.30 Ft 422

22.31%

Imported Beer (0.33 liter bottle)

$2.09 ֏756

$2.08 Ft 677

0.48%

One-way Ticket (Public Transport)

$0.40 ֏143

$1.50 Ft 490

-73.33%

Public Transport Monthly Pass (Regular Price)

$24.51 ֏8,861

$27.61 Ft 8,991

-11.23%

Taxi Start (Normal Tariff)

$1.41 ֏508

$3.30 Ft 1,075

-57.27%

Taxi (Normal Tariff) (1km)

$0.58 ֏211

$1.30 Ft 424

-55.38%

Taxi 1hour Waiting (Normal Tariff)

$13.01 ֏4,703

$19.78 Ft 6,442

-34.23%

Gasoline (1 liter)

$1.63 ֏589

$1.81 Ft 591

-9.94%

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

$35.3K ֏12.8M

$29.3K Ft 9.6M

20.37%

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

$34.2K ֏12.4M

$34.1K Ft 11.1M

0.41%

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

$124 ֏44.7K

$170 Ft 55.3K

-27.21%

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

$9.02 ֏3,262

$23.98 Ft 7,809

-62.39%

Internet (50+ Mbps, Unlimited Data)

$24.53 ֏8,866

$23.42 Ft 7,628

4.74%

Gym Membership (Monthly)

$72.6 ֏26.2K

$66.2 Ft 21.6K

9.57%

Tennis Court (1 Hour on Weekend)

$36.21 ֏13.1K

$19.18 Ft 6,245

88.79%

Cinema Ticket

$8.38 ֏3,028

$9.52 Ft 3,101

-11.97%

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

$371 ֏134.2K

$537 Ft 174.8K

-30.82%

International Primary School, 1 Child (Yearly)

$10.1K ֏3.6M

$16.6K Ft 5.4M

-39.46%

Jeans (Levis 501 Or Similar)

$104 ֏37.6K

$101 Ft 33.0K

2.76%

Summer Dress (H&M, Zara, etc)

$57.1 ֏20.6K

$42.99 Ft 14.0K

32.84%

Sport Shoes (Adidas, Nike)

$141 ֏51.0K

$113 Ft 36.7K

25.06%

Men's Leather Business Shoes

$162 ֏58.6K

$119 Ft 38.7K

36.61%

1-bedroom Apartment, City Center (Monthly)

$914 ֏330.6K

$805 Ft 262.2K

13.58%

1-bedroom Apartment, Outside City Center (Monthly)

$618 ֏223.3K

$629 Ft 204.9K

-1.82%

3-bedroom Apartment, City Center (Monthly)

$1,449 ֏523.9K

$1,549 Ft 504.6K

-6.45%

3-bedroom Apartment, Outside City Center (Monthly)

$877 ֏316.9K

$1,167 Ft 380.1K

-24.89%

Buy Apartment in City Center (m2)

$3,358 ֏1.2M

$5,618 Ft 1.8M

-40.23%

Buy Apartment Outside City Center (m2)

$1,529 ֏552.6K

$3,968 Ft 1.3M

-61.47%

Average Monthly Net Salary (After Tax)

$670 ֏242.3K

$1,626 Ft 529.5K

-58.77%

20-Year Fixed Mortgage Interest Rate (Annual %)

14.36

6.43

123.33%

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

Last update for Yerevan: October 5, 2026

Last update for Budapest: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Yerevan

$618 40%

Budapest

$629 38.7% 1.9% $11

Groceries & Markets

Yerevan

$245 15.8%

Budapest

$258 15.8% 5.3% $13

Clothing & Footwear

Yerevan

$209 13.5%

Budapest

$169 10.4% 19.1% $40

Eating Out

Yerevan

$196 12.7%

Budapest

$224 13.8% 14.5% $28

Monthly Utilities & Internet

Yerevan

$157 10.2%

Budapest

$217 13.4% 38.2% $60

Sport & Entertainment

Yerevan

$89 5.8%

Budapest

$85 5.2% 4.5% $4

Getting Around

Yerevan

$30 2%

Budapest

$43 2.7% 42.7% $13

Cost Breakdown

A central one-bedroom costs $914 in Yerevan 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 143% 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 $63.0 in Yerevan versus $60.0 in Budapest. Groceries tell a different story – $245 in Yerevan vs $258 in Budapest – so Yerevan wins on supermarket bills even if dining out costs more.

Good to know

🇦🇲 Yerevan

🇭🇺 Budapest

🕒 Local time

10:16 10:16 AM

08:16 8:16 AM

2 h behind Yerevan

🌤 Weather

👥 Population

1,129,300 Capital

1,686,222 Capital

💱 Currency

Armenian Dram AMD ֏

Hungarian Forint HUF Ft

📈 Exchange rate

1,000 AMD = 2.77 USD

1,000 AMD = 2.47 EUR

1,000 HUF = 3.07 USD

1,000 HUF = 2.74 EUR

Exchange rates and currency converter

HUF, USD, EUR to AMD – Armenian Dram Converter

🇺🇸 United States Dollar ($)

🇦🇲 Armenian Dram (֏)

Armenian Dram exchange rates as of October 10, 2026: 1 USD = 361 AMD (1,000 AMD = 2.77 USD). 1 EUR = 405 AMD (1,000 AMD = 2.47 EUR).

Hungarian Forint exchange rates as of October 10, 2026: 1 USD = 326 HUF (1,000 HUF = 3.07 USD). 1 EUR = 365 HUF (1,000 HUF = 2.74 EUR).

USD to AMD in detail →

On the map

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Highest

Between locations

Yerevan Budapest 2,190 km ≈ 3 h 15 min nonstop flight

From you

Yerevan
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

Yerevan vs Budapest: Cost of Living - Frequently Asked Questions

Yes – Budapest is pricier by about 3%, and outside of rent the gap shows up most in clothing.

For a comfortable life, plan on about $2,369 per month in Yerevan 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 Yerevan, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Public transport costs about 13% less in Yerevan. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $371 per month in Yerevan and $537 in Budapest. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Yerevan, where all-in costs run around $1,579, than in Budapest at $1,621. In Yerevan it covers expenses comfortably, while in Budapest it requires careful planning or may not stretch far enough.

Families tend to lean toward Yerevan – 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 Yerevan. 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.