Cost of Living Comparison Between Budapest and Madrid 

Indices DifferenceInfo
Consumer Prices in Madrid are 14.2% higher than in Budapest (without rent)
Consumer Prices Including Rent in Madrid are 36.0% higher than in Budapest
Rent Prices in Madrid are 106.7% higher than in Budapest
Restaurant Prices in Madrid are 26.1% higher than in Budapest
Groceries Prices in Madrid are 17.4% higher than in Budapest
Local Purchasing Power in Madrid is 63.7% higher than in Budapest
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Budapest Edit Madrid Edit Difference
Meal, Inexpensive Restaurant 4,000.00 Ft
(10.22 €)
5,480.55 Ft
(14.00 €)
     +37.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 20,000.00 Ft
(51.09 €)
23,488.05 Ft
(60.00 €)
     +17.4 %
McMeal at McDonalds (or Equivalent Combo Meal) 3,000.00 Ft
(7.66 €)
3,523.21 Ft
(9.00 €)
     +17.4 %
Domestic Beer (1 pint draught) 1,000.00 Ft
(2.55 €)
1,370.14 Ft
(3.50 €)
     +37.0 %
Imported Beer (12 oz small bottle) 1,000.00 Ft
(2.55 €)
1,370.14 Ft
(3.50 €)
     +37.0 %
Cappuccino (regular) 840.52 Ft
(2.15 €)
926.13 Ft
(2.37 €)
     +10.2 %
Coke/Pepsi (12 oz small bottle) 590.57 Ft
(1.51 €)
947.05 Ft
(2.42 €)
     +60.4 %
Water (12 oz small bottle) 448.42 Ft
(1.15 €)
616.07 Ft
(1.57 €)
     +37.4 %
Markets
Budapest Edit Madrid Edit
Milk (regular), (1 gallon) 1,460.17 Ft
(3.73 €)
1,574.39 Ft
(4.02 €)
     +7.8 %
Loaf of Fresh White Bread (1 lb) 509.98 Ft
(1.30 €)
520.21 Ft
(1.33 €)
     +2.0 %
Rice (white), (1 lb) 333.54 Ft
(0.85 €)
257.08 Ft
(0.66 €)
     -22.9 %
Eggs (regular) (12) 879.25 Ft
(2.25 €)
1,083.78 Ft
(2.77 €)
     +23.3 %
Local Cheese (1 lb) 1,607.44 Ft
(4.11 €)
2,256.19 Ft
(5.76 €)
     +40.4 %
Chicken Fillets (1 lb) 916.81 Ft
(2.34 €)
1,325.13 Ft
(3.39 €)
     +44.5 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 2,047.63 Ft
(5.23 €)
2,410.64 Ft
(6.16 €)
     +17.7 %
Apples (1 lb) 254.67 Ft
(0.65 €)
389.94 Ft
(1.00 €)
     +53.1 %
Banana (1 lb) 304.99 Ft
(0.78 €)
310.95 Ft
(0.79 €)
     +2.0 %
Oranges (1 lb) 320.34 Ft
(0.82 €)
313.82 Ft
(0.80 €)
     -2.0 %
Tomato (1 lb) 471.87 Ft
(1.21 €)
403.43 Ft
(1.03 €)
     -14.5 %
Potato (1 lb) 201.28 Ft
(0.51 €)
242.04 Ft
(0.62 €)
     +20.2 %
Onion (1 lb) 220.88 Ft
(0.56 €)
260.37 Ft
(0.67 €)
     +17.9 %
Lettuce (1 head) 511.21 Ft
(1.31 €)
468.31 Ft
(1.20 €)
     -8.4 %
Water (1.5 liter bottle) 178.26 Ft
(0.46 €)
340.19 Ft
(0.87 €)
     +90.8 %
Bottle of Wine (Mid-Range) 2,000.00 Ft
(5.11 €)
2,348.81 Ft
(6.00 €)
     +17.4 %
Domestic Beer (0.5 liter bottle) 396.16 Ft
(1.01 €)
448.13 Ft
(1.14 €)
     +13.1 %
Imported Beer (12 oz small bottle) 535.25 Ft
(1.37 €)
687.26 Ft
(1.76 €)
     +28.4 %
Cigarettes 20 Pack (Marlboro) 2,200.00 Ft
(5.62 €)
2,202.01 Ft
(5.62 €)
     +0.1 %
Transportation
Budapest Edit Madrid Edit
One-way Ticket (Local Transport) 450.00 Ft
(1.15 €)
587.20 Ft
(1.50 €)
     +30.5 %
Monthly Pass (Regular Price) 9,500.00 Ft
(24.27 €)
15,658.70 Ft
(40.00 €)
     +64.8 %
Taxi Start (Normal Tariff) 1,100.00 Ft
(2.81 €)
1,174.40 Ft
(3.00 €)
     +6.8 %
Taxi 1 mile (Normal Tariff) 708.11 Ft
(1.81 €)
756.01 Ft
(1.93 €)
     +6.8 %
Taxi 1hour Waiting (Normal Tariff) 6,600.00 Ft
(16.86 €)
8,612.29 Ft
(22.00 €)
     +30.5 %
Gasoline (1 gallon) 2,381.16 Ft
(6.08 €)
2,434.40 Ft
(6.22 €)
     +2.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 10,500,000.00 Ft
(26,822.14 €)
13,061,315.89 Ft
(33,365.00 €)
     +24.4 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 10,011,283.72 Ft
(25,573.72 €)
10,812,231.61 Ft
(27,619.74 €)
     +8.0 %
Utilities (Monthly)
Budapest Edit Madrid Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 56,075.57 Ft
(143.24 €)
55,681.79 Ft
(142.24 €)
     -0.7 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 8,301.51 Ft
(21.21 €)
5,474.37 Ft
(13.98 €)
     -34.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 6,287.84 Ft
(16.06 €)
11,663.63 Ft
(29.79 €)
     +85.5 %
Sports And Leisure
Budapest Edit Madrid Edit
Fitness Club, Monthly Fee for 1 Adult 18,097.50 Ft
(46.23 €)
17,090.90 Ft
(43.66 €)
     -5.6 %
Tennis Court Rent (1 Hour on Weekend) 5,561.54 Ft
(14.21 €)
3,881.40 Ft
(9.91 €)
     -30.2 %
Cinema, International Release, 1 Seat 2,600.00 Ft
(6.64 €)
3,914.68 Ft
(10.00 €)
     +50.6 %
Childcare
Budapest Edit Madrid Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 150,454.55 Ft
(384.33 €)
191,442.70 Ft
(489.04 €)
     +27.2 %
International Primary School, Yearly for 1 Child 3,663,139.94 Ft
(9,357.45 €)
3,485,840.88 Ft
(8,904.55 €)
     -4.8 %
Clothing And Shoes
Budapest Edit Madrid Edit
1 Pair of Jeans (Levis 501 Or Similar) 28,042.62 Ft
(71.63 €)
26,996.94 Ft
(68.96 €)
     -3.7 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 11,702.70 Ft
(29.89 €)
11,079.46 Ft
(28.30 €)
     -5.3 %
1 Pair of Nike Running Shoes (Mid-Range) 33,314.29 Ft
(85.10 €)
29,655.95 Ft
(75.76 €)
     -11.0 %
1 Pair of Men Leather Business Shoes 35,461.32 Ft
(90.59 €)
33,050.23 Ft
(84.43 €)
     -6.8 %
Rent Per Month
Budapest Edit Madrid Edit
Apartment (1 bedroom) in City Centre 228,570.21 Ft
(583.88 €)
481,330.36 Ft
(1,229.55 €)
     +110.6 %
Apartment (1 bedroom) Outside of Centre 177,671.80 Ft
(453.86 €)
349,987.08 Ft
(894.04 €)
     +97.0 %
Apartment (3 bedrooms) in City Centre 396,630.11 Ft
(1,013.19 €)
837,810.53 Ft
(2,140.18 €)
     +111.2 %
Apartment (3 bedrooms) Outside of Centre 295,890.62 Ft
(755.85 €)
602,468.61 Ft
(1,539.00 €)
     +103.6 %
Buy Apartment Price
Budapest Edit Madrid Edit
Price per Square Feet to Buy Apartment in City Centre 128,516.33 Ft
(328.29 €)
167,966.65 Ft
(429.07 €)
     +30.7 %
Price per Square Feet to Buy Apartment Outside of Centre 88,080.20 Ft
(225.00 €)
95,315.70 Ft
(243.48 €)
     +8.2 %
Salaries And Financing
Budapest Edit Madrid Edit
Average Monthly Net Salary (After Tax) 421,162.58 Ft
(1,075.86 €)
937,910.02 Ft
(2,395.88 €)
     +122.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.10 2.55      -72.0 %
Last update: April 2024April 2024
Contributors in the past 12 months:682584