Cost of Living Comparison Between Budapest and Munich 

Indices DifferenceInfo
Consumer Prices in Munich are 45.6% higher than in Budapest (without rent)
Consumer Prices Including Rent in Munich are 71.4% higher than in Budapest
Rent Prices in Munich are 155.0% higher than in Budapest
Restaurant Prices in Munich are 47.7% higher than in Budapest
Groceries Prices in Munich are 47.4% higher than in Budapest
Local Purchasing Power in Munich is 88.9% higher than in Budapest
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Budapest Edit Munich Edit Difference
Meal, Inexpensive Restaurant 4,000.00 Ft
(10.22 €)
5,869.30 Ft
(15.00 €)
     +46.7 %
Meal for 2 People, Mid-range Restaurant, Three-course 20,000.00 Ft
(51.11 €)
27,390.06 Ft
(70.00 €)
     +37.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 3,000.00 Ft
(7.67 €)
3,912.87 Ft
(10.00 €)
     +30.4 %
Domestic Beer (1 pint draught) 1,000.00 Ft
(2.56 €)
1,760.79 Ft
(4.50 €)
     +76.1 %
Imported Beer (12 oz small bottle) 1,000.00 Ft
(2.56 €)
1,760.79 Ft
(4.50 €)
     +76.1 %
Cappuccino (regular) 840.56 Ft
(2.15 €)
1,465.02 Ft
(3.74 €)
     +74.3 %
Coke/Pepsi (12 oz small bottle) 590.61 Ft
(1.51 €)
1,228.64 Ft
(3.14 €)
     +108.0 %
Water (12 oz small bottle) 448.44 Ft
(1.15 €)
1,024.68 Ft
(2.62 €)
     +128.5 %
Markets
Budapest Edit Munich Edit
Milk (regular), (1 gallon) 1,460.17 Ft
(3.73 €)
1,702.78 Ft
(4.35 €)
     +16.6 %
Loaf of Fresh White Bread (1 lb) 509.98 Ft
(1.30 €)
814.39 Ft
(2.08 €)
     +59.7 %
Rice (white), (1 lb) 333.54 Ft
(0.85 €)
467.99 Ft
(1.20 €)
     +40.3 %
Eggs (regular) (12) 879.25 Ft
(2.25 €)
1,216.08 Ft
(3.11 €)
     +38.3 %
Local Cheese (1 lb) 1,607.44 Ft
(4.11 €)
2,255.20 Ft
(5.76 €)
     +40.3 %
Chicken Fillets (1 lb) 916.81 Ft
(2.34 €)
2,246.19 Ft
(5.74 €)
     +145.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 2,047.69 Ft
(5.23 €)
2,889.67 Ft
(7.39 €)
     +41.1 %
Apples (1 lb) 254.67 Ft
(0.65 €)
477.06 Ft
(1.22 €)
     +87.3 %
Banana (1 lb) 304.99 Ft
(0.78 €)
268.77 Ft
(0.69 €)
     -11.9 %
Oranges (1 lb) 320.34 Ft
(0.82 €)
404.67 Ft
(1.03 €)
     +26.3 %
Tomato (1 lb) 471.87 Ft
(1.21 €)
543.57 Ft
(1.39 €)
     +15.2 %
Potato (1 lb) 201.28 Ft
(0.51 €)
288.47 Ft
(0.74 €)
     +43.3 %
Onion (1 lb) 220.88 Ft
(0.56 €)
298.84 Ft
(0.76 €)
     +35.3 %
Lettuce (1 head) 511.21 Ft
(1.31 €)
702.36 Ft
(1.80 €)
     +37.4 %
Water (1.5 liter bottle) 178.26 Ft
(0.46 €)
322.11 Ft
(0.82 €)
     +80.7 %
Bottle of Wine (Mid-Range) 2,000.00 Ft
(5.11 €)
2,343.81 Ft
(5.99 €)
     +17.2 %
Domestic Beer (0.5 liter bottle) 396.16 Ft
(1.01 €)
372.90 Ft
(0.95 €)
     -5.9 %
Imported Beer (12 oz small bottle) 535.25 Ft
(1.37 €)
604.84 Ft
(1.55 €)
     +13.0 %
Cigarettes 20 Pack (Marlboro) 2,200.00 Ft
(5.62 €)
3,208.55 Ft
(8.20 €)
     +45.8 %
Transportation
Budapest Edit Munich Edit
One-way Ticket (Local Transport) 450.00 Ft
(1.15 €)
1,447.76 Ft
(3.70 €)
     +221.7 %
Monthly Pass (Regular Price) 9,500.00 Ft
(24.28 €)
19,173.04 Ft
(49.00 €)
     +101.8 %
Taxi Start (Normal Tariff) 1,100.00 Ft
(2.81 €)
2,152.08 Ft
(5.50 €)
     +95.6 %
Taxi 1 mile (Normal Tariff) 708.11 Ft
(1.81 €)
1,448.34 Ft
(3.70 €)
     +104.5 %
Taxi 1hour Waiting (Normal Tariff) 6,600.00 Ft
(16.87 €)
14,086.32 Ft
(36.00 €)
     +113.4 %
Gasoline (1 gallon) 2,381.16 Ft
(6.09 €)
2,698.36 Ft
(6.90 €)
     +13.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 10,500,000.00 Ft
(26,834.55 €)
10,635,170.07 Ft
(27,180.00 €)
     +1.3 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 10,107,003.58 Ft
(25,830.18 €)
10,173,451.87 Ft
(26,000.00 €)
     +0.7 %
Utilities (Monthly)
Budapest Edit Munich Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 56,075.57 Ft
(143.31 €)
109,335.79 Ft
(279.43 €)
     +95.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 8,301.51 Ft
(21.22 €)
7,933.64 Ft
(20.28 €)
     -4.4 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 6,287.84 Ft
(16.07 €)
14,737.57 Ft
(37.66 €)
     +134.4 %
Sports And Leisure
Budapest Edit Munich Edit
Fitness Club, Monthly Fee for 1 Adult 18,097.50 Ft
(46.25 €)
17,206.97 Ft
(43.98 €)
     -4.9 %
Tennis Court Rent (1 Hour on Weekend) 5,561.54 Ft
(14.21 €)
10,518.70 Ft
(26.88 €)
     +89.1 %
Cinema, International Release, 1 Seat 2,600.00 Ft
(6.64 €)
5,086.73 Ft
(13.00 €)
     +95.6 %
Childcare
Budapest Edit Munich Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 150,454.55 Ft
(384.51 €)
327,760.08 Ft
(837.65 €)
     +117.8 %
International Primary School, Yearly for 1 Child 3,663,626.90 Ft
(9,363.03 €)
5,566,052.03 Ft
(14,225.00 €)
     +51.9 %
Clothing And Shoes
Budapest Edit Munich Edit
1 Pair of Jeans (Levis 501 Or Similar) 28,042.62 Ft
(71.67 €)
32,375.69 Ft
(82.74 €)
     +15.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 11,702.70 Ft
(29.91 €)
12,790.18 Ft
(32.69 €)
     +9.3 %
1 Pair of Nike Running Shoes (Mid-Range) 33,314.29 Ft
(85.14 €)
33,032.16 Ft
(84.42 €)
     -0.8 %
1 Pair of Men Leather Business Shoes 35,461.32 Ft
(90.63 €)
42,667.25 Ft
(109.04 €)
     +20.3 %
Rent Per Month
Budapest Edit Munich Edit
Apartment (1 bedroom) in City Centre 228,595.50 Ft
(584.21 €)
565,661.86 Ft
(1,445.65 €)
     +147.5 %
Apartment (1 bedroom) Outside of Centre 177,684.49 Ft
(454.10 €)
451,251.28 Ft
(1,153.25 €)
     +154.0 %
Apartment (3 bedrooms) in City Centre 396,689.44 Ft
(1,013.81 €)
984,178.99 Ft
(2,515.24 €)
     +148.1 %
Apartment (3 bedrooms) Outside of Centre 295,925.03 Ft
(756.29 €)
793,442.29 Ft
(2,027.78 €)
     +168.1 %
Buy Apartment Price
Budapest Edit Munich Edit
Price per Square Feet to Buy Apartment in City Centre 128,518.71 Ft
(328.45 €)
370,796.95 Ft
(947.64 €)
     +188.5 %
Price per Square Feet to Buy Apartment Outside of Centre 88,080.20 Ft
(225.10 €)
270,630.00 Ft
(691.64 €)
     +207.3 %
Salaries And Financing
Budapest Edit Munich Edit
Average Monthly Net Salary (After Tax) 421,162.58 Ft
(1,076.35 €)
1,362,981.69 Ft
(3,483.33 €)
     +223.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.10 3.40      -62.6 %
Last update: April 2024April 2024
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