Cost of Living Comparison Between Budapest and Toronto 

Indices DifferenceInfo
Cost of Living in Toronto is 48.6% higher than in Budapest (without rent)
Cost of Living Including Rent in Toronto is 84.8% higher than in Budapest
Rent Prices in Toronto are 202.0% higher than in Budapest
Restaurant Prices in Toronto are 60.0% higher than in Budapest
Groceries Prices in Toronto are 69.8% higher than in Budapest
Local Purchasing Power in Toronto is 59.3% higher than in Budapest
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Budapest Edit Toronto Edit Difference
Meal, Inexpensive Restaurant 4,000.00 Ft
(15.38 C$)
6,502.89 Ft
(25.00 C$)
     +62.6 %
Meal for 2 People, Mid-range Restaurant, Three-course 20,000.00 Ft
(76.89 C$)
31,213.89 Ft
(120.00 C$)
     +56.1 %
McMeal at McDonalds (or Equivalent Combo Meal) 3,000.00 Ft
(11.53 C$)
3,901.74 Ft
(15.00 C$)
     +30.1 %
Domestic Beer (1 pint draught) 1,000.00 Ft
(3.84 C$)
2,080.93 Ft
(8.00 C$)
     +108.1 %
Imported Beer (12 oz small bottle) 1,000.00 Ft
(3.84 C$)
2,601.16 Ft
(10.00 C$)
     +160.1 %
Cappuccino (regular) 840.34 Ft
(3.23 C$)
1,405.21 Ft
(5.40 C$)
     +67.2 %
Coke/Pepsi (12 oz small bottle) 585.67 Ft
(2.25 C$)
771.13 Ft
(2.96 C$)
     +31.7 %
Water (12 oz small bottle) 447.01 Ft
(1.72 C$)
583.50 Ft
(2.24 C$)
     +30.5 %
Markets
Budapest Edit Toronto Edit
Milk (regular), (1 gallon) 1,461.71 Ft
(5.62 C$)
4,164.38 Ft
(16.01 C$)
     +184.9 %
Loaf of Fresh White Bread (1 lb) 512.27 Ft
(1.97 C$)
901.51 Ft
(3.47 C$)
     +76.0 %
Rice (white), (1 lb) 342.23 Ft
(1.32 C$)
546.25 Ft
(2.10 C$)
     +59.6 %
Eggs (regular) (12) 885.74 Ft
(3.41 C$)
1,259.16 Ft
(4.84 C$)
     +42.2 %
Local Cheese (1 lb) 1,545.82 Ft
(5.94 C$)
1,854.90 Ft
(7.13 C$)
     +20.0 %
Chicken Fillets (1 lb) 915.70 Ft
(3.52 C$)
2,027.65 Ft
(7.80 C$)
     +121.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 2,020.71 Ft
(7.77 C$)
2,267.18 Ft
(8.72 C$)
     +12.2 %
Apples (1 lb) 258.61 Ft
(0.99 C$)
618.70 Ft
(2.38 C$)
     +139.2 %
Banana (1 lb) 302.22 Ft
(1.16 C$)
239.54 Ft
(0.92 C$)
     -20.7 %
Oranges (1 lb) 319.06 Ft
(1.23 C$)
638.95 Ft
(2.46 C$)
     +100.3 %
Tomato (1 lb) 499.77 Ft
(1.92 C$)
611.94 Ft
(2.35 C$)
     +22.4 %
Potato (1 lb) 201.84 Ft
(0.78 C$)
431.10 Ft
(1.66 C$)
     +113.6 %
Onion (1 lb) 220.73 Ft
(0.85 C$)
450.88 Ft
(1.73 C$)
     +104.3 %
Lettuce (1 head) 523.13 Ft
(2.01 C$)
819.11 Ft
(3.15 C$)
     +56.6 %
Water (1.5 liter bottle) 178.57 Ft
(0.69 C$)
630.02 Ft
(2.42 C$)
     +252.8 %
Bottle of Wine (Mid-Range) 2,000.00 Ft
(7.69 C$)
4,942.20 Ft
(19.00 C$)
     +147.1 %
Domestic Beer (0.5 liter bottle) 399.40 Ft
(1.54 C$)
906.98 Ft
(3.49 C$)
     +127.1 %
Imported Beer (12 oz small bottle) 535.95 Ft
(2.06 C$)
968.84 Ft
(3.72 C$)
     +80.8 %
Cigarettes 20 Pack (Marlboro) 2,200.00 Ft
(8.46 C$)
5,202.31 Ft
(20.00 C$)
     +136.5 %
Transportation
Budapest Edit Toronto Edit
One-way Ticket (Local Transport) 450.00 Ft
(1.73 C$)
871.39 Ft
(3.35 C$)
     +93.6 %
Monthly Pass (Regular Price) 9,500.00 Ft
(36.52 C$)
40,578.06 Ft
(156.00 C$)
     +327.1 %
Taxi Start (Normal Tariff) 1,100.00 Ft
(4.23 C$)
1,300.58 Ft
(5.00 C$)
     +18.2 %
Taxi 1 mile (Normal Tariff) 708.11 Ft
(2.72 C$)
732.58 Ft
(2.82 C$)
     +3.5 %
Taxi 1hour Waiting (Normal Tariff) 6,600.00 Ft
(25.37 C$)
8,063.59 Ft
(31.00 C$)
     +22.2 %
Gasoline (1 gallon) 2,383.93 Ft
(9.16 C$)
1,592.55 Ft
(6.12 C$)
     -33.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 10,500,000.00 Ft
(40,366.65 C$)
8,934,975.69 Ft
(34,350.00 C$)
     -14.9 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 10,075,200.00 Ft
(38,733.53 C$)
8,009,938.82 Ft
(30,793.75 C$)
     -20.5 %
Utilities (Monthly)
Budapest Edit Toronto Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 56,975.95 Ft
(219.04 C$)
41,533.51 Ft
(159.67 C$)
     -27.1 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 8,284.47 Ft
(31.85 C$)
16,610.25 Ft
(63.86 C$)
     +100.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 6,313.11 Ft
(24.27 C$)
18,898.56 Ft
(72.65 C$)
     +199.4 %
Sports And Leisure
Budapest Edit Toronto Edit
Fitness Club, Monthly Fee for 1 Adult 18,402.14 Ft
(70.75 C$)
18,468.22 Ft
(71.00 C$)
     +0.4 %
Tennis Court Rent (1 Hour on Weekend) 5,503.85 Ft
(21.16 C$)
7,379.07 Ft
(28.37 C$)
     +34.1 %
Cinema, International Release, 1 Seat 2,800.00 Ft
(10.76 C$)
4,682.08 Ft
(18.00 C$)
     +67.2 %
Childcare
Budapest Edit Toronto Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 155,454.55 Ft
(597.64 C$)
402,097.32 Ft
(1,545.84 C$)
     +158.7 %
International Primary School, Yearly for 1 Child 3,787,304.72 Ft
(14,560.08 C$)
6,493,489.33 Ft
(24,963.85 C$)
     +71.5 %
Clothing And Shoes
Budapest Edit Toronto Edit
1 Pair of Jeans (Levis 501 Or Similar) 28,343.72 Ft
(108.97 C$)
21,558.52 Ft
(82.88 C$)
     -23.9 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 12,076.67 Ft
(46.43 C$)
13,087.46 Ft
(50.31 C$)
     +8.4 %
1 Pair of Nike Running Shoes (Mid-Range) 33,066.67 Ft
(127.12 C$)
35,971.20 Ft
(138.29 C$)
     +8.8 %
1 Pair of Men Leather Business Shoes 35,451.95 Ft
(136.29 C$)
43,029.45 Ft
(165.42 C$)
     +21.4 %
Rent Per Month
Budapest Edit Toronto Edit
Apartment (1 bedroom) in City Centre 228,093.37 Ft
(876.89 C$)
656,460.32 Ft
(2,523.72 C$)
     +187.8 %
Apartment (1 bedroom) Outside of Centre 177,341.78 Ft
(681.78 C$)
562,765.82 Ft
(2,163.52 C$)
     +217.3 %
Apartment (3 bedrooms) in City Centre 401,845.76 Ft
(1,544.87 C$)
1,163,914.72 Ft
(4,474.60 C$)
     +189.6 %
Apartment (3 bedrooms) Outside of Centre 295,267.38 Ft
(1,135.14 C$)
946,638.76 Ft
(3,639.30 C$)
     +220.6 %
Buy Apartment Price
Budapest Edit Toronto Edit
Price per Square Feet to Buy Apartment in City Centre 129,661.48 Ft
(498.48 C$)
338,953.73 Ft
(1,303.09 C$)
     +161.4 %
Price per Square Feet to Buy Apartment Outside of Centre 88,932.81 Ft
(341.90 C$)
265,294.77 Ft
(1,019.91 C$)
     +198.3 %
Salaries And Financing
Budapest Edit Toronto Edit
Average Monthly Net Salary (After Tax) 419,993.57 Ft
(1,614.64 C$)
1,236,304.12 Ft
(4,752.90 C$)
     +194.4 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.96 6.52      -27.2 %
Last update: May 2024May 2024
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