Cost of Living Comparison Between Budapest and Madrid 

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Indices DifferenceInfo
Cost of Living in Madrid is 21.2% higher than in Budapest (without rent)
Cost of Living Including Rent in Madrid is 44.9% higher than in Budapest
Rent Prices in Madrid are 121.1% higher than in Budapest
Restaurant Prices in Madrid are 31.3% higher than in Budapest
Groceries Prices in Madrid are 24.6% higher than in Budapest
Local Purchasing Power in Madrid is 36.7% 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
(10.27 €)
5,842.78 Ft
(15.00 €)
     +46.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 20,000.00 Ft
(51.35 €)
23,371.13 Ft
(60.00 €)
     +16.9 %
McMeal at McDonalds (or Equivalent Combo Meal) 3,000.00 Ft
(7.70 €)
3,895.19 Ft
(10.00 €)
     +29.8 %
Domestic Beer (1 pint draught) 1,000.00 Ft
(2.57 €)
1,363.32 Ft
(3.50 €)
     +36.3 %
Imported Beer (12 oz small bottle) 1,000.00 Ft
(2.57 €)
1,558.08 Ft
(4.00 €)
     +55.8 %
Cappuccino (regular) 845.63 Ft
(2.17 €)
948.72 Ft
(2.44 €)
     +12.2 %
Coke/Pepsi (12 oz small bottle) 585.83 Ft
(1.50 €)
1,011.13 Ft
(2.60 €)
     +72.6 %
Water (12 oz small bottle) 447.09 Ft
(1.15 €)
663.23 Ft
(1.70 €)
     +48.3 %
Markets
Budapest Edit Madrid Edit
Milk (regular), (1 gallon) 1,461.71 Ft
(3.75 €)
1,570.68 Ft
(4.03 €)
     +7.5 %
Loaf of Fresh White Bread (1 lb) 502.98 Ft
(1.29 €)
565.11 Ft
(1.45 €)
     +12.4 %
Rice (white), (1 lb) 345.08 Ft
(0.89 €)
258.98 Ft
(0.66 €)
     -25.0 %
Eggs (regular) (12) 887.27 Ft
(2.28 €)
1,098.30 Ft
(2.82 €)
     +23.8 %
Local Cheese (1 lb) 1,586.24 Ft
(4.07 €)
2,518.59 Ft
(6.47 €)
     +58.8 %
Chicken Fillets (1 lb) 914.70 Ft
(2.35 €)
1,426.24 Ft
(3.66 €)
     +55.9 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 1,996.29 Ft
(5.13 €)
2,524.58 Ft
(6.48 €)
     +26.5 %
Apples (1 lb) 260.88 Ft
(0.67 €)
412.26 Ft
(1.06 €)
     +58.0 %
Banana (1 lb) 301.03 Ft
(0.77 €)
325.44 Ft
(0.84 €)
     +8.1 %
Oranges (1 lb) 311.63 Ft
(0.80 €)
356.02 Ft
(0.91 €)
     +14.2 %
Tomato (1 lb) 499.77 Ft
(1.28 €)
405.10 Ft
(1.04 €)
     -18.9 %
Potato (1 lb) 201.84 Ft
(0.52 €)
268.28 Ft
(0.69 €)
     +32.9 %
Onion (1 lb) 220.73 Ft
(0.57 €)
271.76 Ft
(0.70 €)
     +23.1 %
Lettuce (1 head) 513.06 Ft
(1.32 €)
469.67 Ft
(1.21 €)
     -8.5 %
Water (1.5 liter bottle) 181.55 Ft
(0.47 €)
341.97 Ft
(0.88 €)
     +88.4 %
Bottle of Wine (Mid-Range) 2,000.00 Ft
(5.13 €)
2,531.87 Ft
(6.50 €)
     +26.6 %
Domestic Beer (0.5 liter bottle) 402.67 Ft
(1.03 €)
480.20 Ft
(1.23 €)
     +19.3 %
Imported Beer (12 oz small bottle) 535.95 Ft
(1.38 €)
752.91 Ft
(1.93 €)
     +40.5 %
Cigarettes 20 Pack (Marlboro) 2,200.00 Ft
(5.65 €)
2,191.04 Ft
(5.62 €)
     -0.4 %
Transportation
Budapest Edit Madrid Edit
One-way Ticket (Local Transport) 450.00 Ft
(1.16 €)
584.28 Ft
(1.50 €)
     +29.8 %
Monthly Pass (Regular Price) 9,500.00 Ft
(24.39 €)
20,254.98 Ft
(52.00 €)
     +113.2 %
Taxi Start (Normal Tariff) 1,100.00 Ft
(2.82 €)
1,217.25 Ft
(3.12 €)
     +10.7 %
Taxi 1 mile (Normal Tariff) 708.11 Ft
(1.82 €)
814.93 Ft
(2.09 €)
     +15.1 %
Taxi 1hour Waiting (Normal Tariff) 6,600.00 Ft
(16.94 €)
9,251.07 Ft
(23.75 €)
     +40.2 %
Gasoline (1 gallon) 2,378.88 Ft
(6.11 €)
2,456.64 Ft
(6.31 €)
     +3.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 10,000,000.00 Ft
(25,672.70 €)
12,996,294.64 Ft
(33,365.00 €)
     +30.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 10,072,307.69 Ft
(25,858.34 €)
10,758,406.65 Ft
(27,619.74 €)
     +6.8 %
Utilities (Monthly)
Budapest Edit Madrid Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 56,499.37 Ft
(145.05 €)
59,441.81 Ft
(152.60 €)
     +5.2 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 8,264.42 Ft
(21.22 €)
6,128.05 Ft
(15.73 €)
     -25.9 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 6,331.46 Ft
(16.25 €)
12,164.00 Ft
(31.23 €)
     +92.1 %
Sports And Leisure
Budapest Edit Madrid Edit
Fitness Club, Monthly Fee for 1 Adult 18,402.14 Ft
(47.24 €)
17,843.67 Ft
(45.81 €)
     -3.0 %
Tennis Court Rent (1 Hour on Weekend) 5,503.85 Ft
(14.13 €)
5,355.88 Ft
(13.75 €)
     -2.7 %
Cinema, International Release, 1 Seat 2,900.00 Ft
(7.45 €)
3,895.19 Ft
(10.00 €)
     +34.3 %
Childcare
Budapest Edit Madrid Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 155,454.55 Ft
(399.09 €)
197,356.19 Ft
(506.67 €)
     +27.0 %
International Primary School, Yearly for 1 Child 3,754,945.41 Ft
(9,639.96 €)
3,573,834.96 Ft
(9,175.00 €)
     -4.8 %
Clothing And Shoes
Budapest Edit Madrid Edit
1 Pair of Jeans (Levis 501 Or Similar) 29,071.28 Ft
(74.63 €)
34,908.94 Ft
(89.62 €)
     +20.1 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 12,314.00 Ft
(31.61 €)
13,962.45 Ft
(35.85 €)
     +13.4 %
1 Pair of Nike Running Shoes (Mid-Range) 33,426.67 Ft
(85.82 €)
34,411.55 Ft
(88.34 €)
     +2.9 %
1 Pair of Men Leather Business Shoes 35,365.68 Ft
(90.79 €)
40,737.17 Ft
(104.58 €)
     +15.2 %
Rent Per Month
Budapest Edit Madrid Edit
Apartment (1 bedroom) in City Centre 233,517.77 Ft
(599.50 €)
520,868.16 Ft
(1,337.21 €)
     +123.1 %
Apartment (1 bedroom) Outside of Centre 180,786.67 Ft
(464.13 €)
374,553.07 Ft
(961.58 €)
     +107.2 %
Apartment (3 bedrooms) in City Centre 403,886.15 Ft
(1,036.88 €)
904,045.95 Ft
(2,320.93 €)
     +123.8 %
Apartment (3 bedrooms) Outside of Centre 293,553.05 Ft
(753.63 €)
658,594.28 Ft
(1,690.79 €)
     +124.4 %
Buy Apartment Price
Budapest Edit Madrid Edit
Price per Square Feet to Buy Apartment in City Centre 129,675.31 Ft
(332.91 €)
198,655.55 Ft
(510.00 €)
     +53.2 %
Price per Square Feet to Buy Apartment Outside of Centre 88,550.53 Ft
(227.33 €)
119,325.35 Ft
(306.34 €)
     +34.8 %
Salaries And Financing
Budapest Edit Madrid Edit
Average Monthly Net Salary (After Tax) 422,236.31 Ft
(1,083.99 €)
836,175.08 Ft
(2,146.69 €)
     +98.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.84 3.36      -62.0 %
Last update: June 2024June 2024
Contributors in the past 12 months:621469