UnpinnedGlobal City Directory

Budapest

Hungary

Cost of Living in Budapest

Comprehensive breakdown of living costs, rent prices, and quality of life metrics

Cost of Living Analysis

Budapest, Hungary's capital, offers a cost of living that is generally more affordable than many Western European cities, making it an attractive destination for digital nomads. The city provides a high quality of life with its rich history, vibrant culture, and modern amenities, all at a reasonable expense.

Housing in Budapest varies to suit different budgets. A one-bedroom apartment in the city center typically costs between $500 and $700 per month, while similar accommodations outside the center are more affordable. For those preferring co-living spaces, options range from $400 to $700 monthly. Utilities, including electricity, heating, cooling, water, and internet, generally add an extra $100 to $150 per month. (digitalnomadtips.com)

Food expenses are reasonable, with a meal at a mid-range restaurant costing around $10 to $15. Groceries are also affordable, with a weekly shop averaging $40 to $60. Public transportation is efficient and economical; a monthly pass costs approximately $30 to $35, providing access to buses, trams, and the metro system. (digitalnomadtravel.com)

Budapest boasts a high quality of life, with a rich cultural scene, numerous historical sites, and a vibrant nightlife. The city is generally safe, with low crime rates, though it's advisable to remain vigilant in crowded areas to avoid petty theft. Healthcare is of a good standard, with both public and private options available. EU citizens can access public healthcare services, while non-EU citizens are recommended to have comprehensive health insurance. (digitalnomads.world)

For digital nomads, Budapest offers numerous coworking spaces with memberships ranging from $100 to $250 per month. The city has a growing community of remote workers, providing ample networking opportunities. To make the most of your stay, consider learning a few basic Hungarian phrases, as this can enhance interactions with locals. Additionally, be mindful of the distinct seasons; summers can be hot, and winters cold, so plan accordingly. (digitalnomadtips.com)

Overall Ranking

Global Rank
#232
Cost of Living Index
45.1
Quality of Life
142.9

Cost Breakdown

Rent Index
17.6
Groceries Index
42.9
Restaurant Index
42.2
Local Purchasing Power
87.1

Housing & Property

Cost of Living + Rent Index
33.1
Property Price to Income Ratio
13.7

Safety & Healthcare

Safety Index
66.1
Crime Index
33.9
Healthcare Index
52.1

Environment & Transportation

Pollution Index
53.1
Climate Index
78.4
Traffic Index
140.5
Data last updated: 2025-07-05T00:00:00.000Z

Understanding the Indices:

  • Cost indices: Lower values indicate lower costs (better for budget)
  • Quality indices: Higher values indicate better quality/safety
  • Rank: Lower numbers indicate better overall affordability

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