Cost of Living Comparison Between Madrid and Budapest 
| Indices Difference |  |
|---|---|
| Cost of Living in Budapest is 18.3% lower than in Madrid (without rent) | |
| Cost of Living Including Rent in Budapest is 31.8% lower than in Madrid | |
| Rent Prices in Budapest are 55.5% lower than in Madrid | |
| Restaurant Prices in Budapest are 25.2% lower than in Madrid | |
| Groceries Prices in Budapest are 20.4% lower than in Madrid | |
| Local Purchasing Power in Budapest is 26.2% lower than in Madrid | |
Restaurants | Madrid Edit |
Budapest Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.00 € (5,955.36 Ft) |
10.07 € (4,000.00 Ft) |
-32.8 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
60.00 € (23,821.43 Ft) |
50.37 € (20,000.00 Ft) |
-16.0 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
10.00 € (3,970.24 Ft) |
7.56 € (3,000.00 Ft) |
-24.4 % |
| Domestic Beer (1 pint draught) |
3.50 € (1,389.58 Ft) |
2.52 € (1,000.00 Ft) |
-28.0 % |
| Imported Beer (12 oz small bottle) |
4.00 € (1,588.10 Ft) |
2.52 € (1,000.00 Ft) |
-37.0 % |
| Cappuccino (regular) |
2.43 € (962.88 Ft) |
2.15 € (854.94 Ft) |
-11.2 % |
| Coke/Pepsi (12 oz small bottle) |
2.58 € (1,024.21 Ft) |
1.49 € (590.10 Ft) |
-42.4 % |
| Water (12 oz small bottle) |
1.67 € (664.25 Ft) |
1.11 € (442.03 Ft) |
-33.5 % |
Markets | Madrid Edit |
Budapest Edit | |
| Milk (regular), (1 gallon) |
4.01 € (1,593.41 Ft) |
3.71 € (1,472.72 Ft) |
-7.6 % |
| Loaf of Fresh White Bread (1 lb) |
1.42 € (562.15 Ft) |
1.26 € (501.94 Ft) |
-10.7 % |
| Rice (white), (1 lb) |
0.66 € (262.49 Ft) |
0.86 € (343.25 Ft) |
+30.8 % |
| Eggs (regular) (12) |
2.78 € (1,104.25 Ft) |
2.22 € (881.57 Ft) |
-20.2 % |
| Local Cheese (1 lb) |
6.41 € (2,543.12 Ft) |
3.97 € (1,575.96 Ft) |
-38.0 % |
| Chicken Fillets (1 lb) |
3.55 € (1,409.68 Ft) |
2.30 € (912.60 Ft) |
-35.3 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
6.39 € (2,536.49 Ft) |
5.03 € (1,997.61 Ft) |
-21.2 % |
| Apples (1 lb) |
1.05 € (418.29 Ft) |
0.66 € (260.87 Ft) |
-37.6 % |
| Banana (1 lb) |
0.83 € (330.14 Ft) |
0.76 € (301.44 Ft) |
-8.7 % |
| Oranges (1 lb) |
0.91 € (361.11 Ft) |
0.78 € (309.89 Ft) |
-14.2 % |
| Tomato (1 lb) |
1.03 € (410.33 Ft) |
1.30 € (517.01 Ft) |
+26.0 % |
| Potato (1 lb) |
0.71 € (281.80 Ft) |
0.51 € (202.26 Ft) |
-28.2 % |
| Onion (1 lb) |
0.71 € (280.62 Ft) |
0.56 € (222.34 Ft) |
-20.8 % |
| Lettuce (1 head) |
1.19 € (474.30 Ft) |
1.28 € (509.64 Ft) |
+7.4 % |
| Water (1.5 liter bottle) |
0.85 € (338.54 Ft) |
0.45 € (179.09 Ft) |
-47.1 % |
| Bottle of Wine (Mid-Range) |
6.50 € (2,580.65 Ft) |
5.04 € (2,000.00 Ft) |
-22.5 % |
| Domestic Beer (0.5 liter bottle) |
1.22 € (483.37 Ft) |
1.02 € (405.05 Ft) |
-16.2 % |
| Imported Beer (12 oz small bottle) |
1.84 € (728.78 Ft) |
1.37 € (543.33 Ft) |
-25.4 % |
| Cigarettes 20 Pack (Marlboro) |
5.65 € (2,243.18 Ft) |
5.54 € (2,200.00 Ft) |
-1.9 % |
Transportation | Madrid Edit |
Budapest Edit | |
| One-way Ticket (Local Transport) |
1.50 € (595.54 Ft) |
1.13 € (450.00 Ft) |
-24.4 % |
| Monthly Pass (Regular Price) |
50.00 € (19,851.19 Ft) |
23.93 € (9,500.00 Ft) |
-52.1 % |
| Taxi Start (Normal Tariff) |
3.12 € (1,240.70 Ft) |
2.77 € (1,100.00 Ft) |
-11.3 % |
| Taxi 1 mile (Normal Tariff) |
2.09 € (830.63 Ft) |
1.78 € (708.11 Ft) |
-14.8 % |
| Taxi 1hour Waiting (Normal Tariff) |
23.75 € (9,429.31 Ft) |
16.62 € (6,600.00 Ft) |
-30.0 % |
| Gasoline (1 gallon) |
6.31 € (2,506.37 Ft) |
6.00 € (2,381.46 Ft) |
-5.0 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,365.00 € (13,246,697.71 Ft) |
25,187.41 € (10,000,000.00 Ft) |
-24.5 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,882.89 € (11,070,171.67 Ft) |
25,369.53 € (10,072,307.69 Ft) |
-9.0 % |
Utilities (Monthly) | Madrid Edit |
Budapest Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
153.96 € (61,124.74 Ft) |
142.31 € (56,499.37 Ft) |
-7.6 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.47 € (6,141.74 Ft) |
20.82 € (8,264.42 Ft) |
+34.6 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
31.51 € (12,511.51 Ft) |
16.23 € (6,442.62 Ft) |
-48.5 % |
Sports And Leisure | Madrid Edit |
Budapest Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
44.00 € (17,469.05 Ft) |
46.35 € (18,402.14 Ft) |
+5.3 % |
| Tennis Court Rent (1 Hour on Weekend) |
12.56 € (4,988.06 Ft) |
13.86 € (5,503.85 Ft) |
+10.3 % |
| Cinema, International Release, 1 Seat |
10.00 € (3,970.24 Ft) |
7.30 € (2,900.00 Ft) |
-27.0 % |
Childcare | Madrid Edit |
Budapest Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
506.67 € (201,158.70 Ft) |
407.58 € (161,818.18 Ft) |
-19.6 % |
| International Primary School, Yearly for 1 Child |
9,175.00 € (3,642,692.99 Ft) |
9,480.08 € (3,763,817.04 Ft) |
+3.3 % |
Clothing And Shoes | Madrid Edit |
Budapest Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
87.63 € (34,792.52 Ft) |
73.16 € (29,044.50 Ft) |
-16.5 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
35.60 € (14,135.89 Ft) |
31.02 € (12,314.00 Ft) |
-12.9 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
86.09 € (34,179.07 Ft) |
84.66 € (33,613.04 Ft) |
-1.7 % |
| 1 Pair of Men Leather Business Shoes |
103.46 € (41,076.69 Ft) |
89.08 € (35,365.68 Ft) |
-13.9 % |
Rent Per Month | Madrid Edit |
Budapest Edit | |
| Apartment (1 bedroom) in City Centre |
1,339.36 € (531,758.42 Ft) |
589.48 € (234,037.80 Ft) |
-56.0 % |
| Apartment (1 bedroom) Outside of Centre |
969.77 € (385,020.71 Ft) |
455.19 € (180,719.89 Ft) |
-53.1 % |
| Apartment (3 bedrooms) in City Centre |
2,327.02 € (923,882.73 Ft) |
1,020.30 € (405,084.52 Ft) |
-56.2 % |
| Apartment (3 bedrooms) Outside of Centre |
1,668.10 € (662,273.44 Ft) |
740.37 € (293,945.19 Ft) |
-55.6 % |
Buy Apartment Price | Madrid Edit |
Budapest Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
508.45 € (201,868.36 Ft) |
326.86 € (129,769.88 Ft) |
-35.7 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
306.97 € (121,873.46 Ft) |
223.04 € (88,550.53 Ft) |
-27.3 % |
Salaries And Financing | Madrid Edit |
Budapest Edit | |
| Average Monthly Net Salary (After Tax) |
2,119.41 € (841,457.97 Ft) |
1,065.81 € (423,153.43 Ft) |
-49.7 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.42 | 8.75 | +156.0 % |
| Last update: | June 2024 | June 2024 | |
| Contributors in the past 12 months: | 480 | 637 |
Moving to Madrid? Explore:
Moving to Budapest? Explore:
Cities near Madrid: | Cost of Living in Pozuelo de Alarcon | 8.64 miles |
| Cost of Living in Getafe | 9.04 miles |
| Cost of Living in Coslada | 9.17 miles |
| Cost of Living in La Moraleja | 11.07 miles |
| Cost of Living in Rivas-Vaciamadrid | 12.79 miles |
| Cost of Living in Fuenlabrada | 15.28 miles |
| Cost of Living in Mostoles | 15.34 miles |
| Cost of Living in Alcala de Henares | 20.54 miles |
| Cost of Living in Soto del Real | 26.90 miles |
| Cost of Living in Aranjuez | 30.41 miles |
Cities near Budapest: | Cost of Living in Budaörs (Budaors) | 6.22 miles |
| Cost of Living in Budakeszi | 6.63 miles |
| Cost of Living in Üröm | 8.34 miles |
| Cost of Living in Törökbálint | 10.23 miles |
| Cost of Living in Dunakeszi | 11.51 miles |
| Cost of Living in Halásztelek | 12.34 miles |
| Cost of Living in Szentendre | 12.89 miles |
| Cost of Living in Pomáz | 13.08 miles |
| Cost of Living in Érd | 18.53 miles |
| Cost of Living in Godollo | 20.02 miles |