Cost of Living Comparison Between Madrid and Budapest 
| Indices Difference |  |
|---|---|
| Cost of Living in Budapest is 17.4% lower than in Madrid (without rent) | |
| Cost of Living Including Rent in Budapest is 31.1% lower than in Madrid | |
| Rent Prices in Budapest are 55.0% lower than in Madrid | |
| Restaurant Prices in Budapest are 24.1% lower than in Madrid | |
| Groceries Prices in Budapest are 19.1% lower than in Madrid | |
| Local Purchasing Power in Budapest is 25.8% lower than in Madrid | |
Restaurants | Madrid Edit |
Budapest Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.00 € (5,861.96 Ft) |
10.24 € (4,000.00 Ft) |
-31.8 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
60.00 € (23,447.85 Ft) |
51.18 € (20,000.00 Ft) |
-14.7 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
10.00 € (3,907.97 Ft) |
7.68 € (3,000.00 Ft) |
-23.2 % |
| Domestic Beer (1 pint draught) |
3.50 € (1,367.79 Ft) |
2.56 € (1,000.00 Ft) |
-26.9 % |
| Imported Beer (12 oz small bottle) |
4.00 € (1,563.19 Ft) |
2.56 € (1,000.00 Ft) |
-36.0 % |
| Cappuccino (regular) |
2.44 € (951.83 Ft) |
2.17 € (847.10 Ft) |
-11.0 % |
| Coke/Pepsi (12 oz small bottle) |
2.60 € (1,014.45 Ft) |
1.49 € (581.47 Ft) |
-42.7 % |
| Water (12 oz small bottle) |
1.70 € (665.41 Ft) |
1.13 € (442.07 Ft) |
-33.6 % |
Markets | Madrid Edit |
Budapest Edit | |
| Milk (regular), (1 gallon) |
4.02 € (1,570.50 Ft) |
3.76 € (1,468.74 Ft) |
-6.5 % |
| Loaf of Fresh White Bread (1 lb) |
1.41 € (552.54 Ft) |
1.28 € (499.47 Ft) |
-9.6 % |
| Rice (white), (1 lb) |
0.66 € (258.38 Ft) |
0.88 € (345.08 Ft) |
+33.6 % |
| Eggs (regular) (12) |
2.77 € (1,080.79 Ft) |
2.26 € (884.49 Ft) |
-18.2 % |
| Local Cheese (1 lb) |
6.41 € (2,503.23 Ft) |
4.06 € (1,586.24 Ft) |
-36.6 % |
| Chicken Fillets (1 lb) |
3.63 € (1,418.99 Ft) |
2.34 € (912.60 Ft) |
-35.7 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
6.39 € (2,496.71 Ft) |
5.11 € (1,996.67 Ft) |
-20.0 % |
| Apples (1 lb) |
1.07 € (416.92 Ft) |
0.67 € (261.66 Ft) |
-37.2 % |
| Banana (1 lb) |
0.83 € (325.98 Ft) |
0.77 € (301.03 Ft) |
-7.7 % |
| Oranges (1 lb) |
0.91 € (355.45 Ft) |
0.80 € (311.63 Ft) |
-12.3 % |
| Tomato (1 lb) |
1.03 € (403.75 Ft) |
1.32 € (517.01 Ft) |
+28.1 % |
| Potato (1 lb) |
0.70 € (274.48 Ft) |
0.52 € (201.84 Ft) |
-26.5 % |
| Onion (1 lb) |
0.70 € (274.03 Ft) |
0.56 € (220.73 Ft) |
-19.5 % |
| Lettuce (1 head) |
1.19 € (466.86 Ft) |
1.30 € (509.64 Ft) |
+9.2 % |
| Water (1.5 liter bottle) |
0.85 € (333.23 Ft) |
0.46 € (181.55 Ft) |
-45.5 % |
| Bottle of Wine (Mid-Range) |
6.00 € (2,344.78 Ft) |
5.12 € (2,000.00 Ft) |
-14.7 % |
| Domestic Beer (0.5 liter bottle) |
1.22 € (475.79 Ft) |
1.03 € (402.67 Ft) |
-15.4 % |
| Imported Beer (12 oz small bottle) |
1.84 € (717.35 Ft) |
1.37 € (535.95 Ft) |
-25.3 % |
| Cigarettes 20 Pack (Marlboro) |
5.65 € (2,208.01 Ft) |
5.63 € (2,200.00 Ft) |
-0.4 % |
Transportation | Madrid Edit |
Budapest Edit | |
| One-way Ticket (Local Transport) |
1.50 € (586.20 Ft) |
1.15 € (450.00 Ft) |
-23.2 % |
| Monthly Pass (Regular Price) |
51.00 € (19,930.67 Ft) |
24.31 € (9,500.00 Ft) |
-52.3 % |
| Taxi Start (Normal Tariff) |
3.12 € (1,221.24 Ft) |
2.81 € (1,100.00 Ft) |
-9.9 % |
| Taxi 1 mile (Normal Tariff) |
2.09 € (817.61 Ft) |
1.81 € (708.11 Ft) |
-13.4 % |
| Taxi 1hour Waiting (Normal Tariff) |
23.75 € (9,281.44 Ft) |
16.89 € (6,600.00 Ft) |
-28.9 % |
| Gasoline (1 gallon) |
6.31 € (2,467.06 Ft) |
6.09 € (2,378.88 Ft) |
-3.6 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,365.00 € (13,038,958.51 Ft) |
25,588.70 € (10,000,000.00 Ft) |
-23.3 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,882.89 € (10,896,565.49 Ft) |
25,773.73 € (10,072,307.69 Ft) |
-7.6 % |
Utilities (Monthly) | Madrid Edit |
Budapest Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
152.60 € (59,636.95 Ft) |
144.57 € (56,499.37 Ft) |
-5.3 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.57 € (6,084.16 Ft) |
21.15 € (8,264.42 Ft) |
+35.8 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
31.89 € (12,460.75 Ft) |
16.30 € (6,371.19 Ft) |
-48.9 % |
Sports And Leisure | Madrid Edit |
Budapest Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
45.44 € (17,758.57 Ft) |
47.09 € (18,402.14 Ft) |
+3.6 % |
| Tennis Court Rent (1 Hour on Weekend) |
13.54 € (5,292.51 Ft) |
14.08 € (5,503.85 Ft) |
+4.0 % |
| Cinema, International Release, 1 Seat |
10.50 € (4,103.37 Ft) |
7.42 € (2,900.00 Ft) |
-29.3 % |
Childcare | Madrid Edit |
Budapest Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
506.67 € (198,004.07 Ft) |
414.07 € (161,818.18 Ft) |
-18.3 % |
| International Primary School, Yearly for 1 Child |
9,175.00 € (3,585,567.04 Ft) |
9,622.49 € (3,760,444.48 Ft) |
+4.9 % |
Clothing And Shoes | Madrid Edit |
Budapest Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
89.62 € (35,023.54 Ft) |
74.32 € (29,044.50 Ft) |
-17.1 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
35.59 € (13,909.21 Ft) |
31.51 € (12,314.00 Ft) |
-11.5 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
87.94 € (34,366.50 Ft) |
86.01 € (33,613.04 Ft) |
-2.2 % |
| 1 Pair of Men Leather Business Shoes |
103.60 € (40,486.62 Ft) |
90.50 € (35,365.68 Ft) |
-12.6 % |
Rent Per Month | Madrid Edit |
Budapest Edit | |
| Apartment (1 bedroom) in City Centre |
1,347.87 € (526,745.14 Ft) |
597.96 € (233,680.30 Ft) |
-55.6 % |
| Apartment (1 bedroom) Outside of Centre |
966.67 € (377,770.91 Ft) |
461.99 € (180,544.09 Ft) |
-52.2 % |
| Apartment (3 bedrooms) in City Centre |
2,334.13 € (912,172.33 Ft) |
1,034.87 € (404,424.53 Ft) |
-55.7 % |
| Apartment (3 bedrooms) Outside of Centre |
1,677.07 € (655,396.00 Ft) |
751.65 € (293,741.42 Ft) |
-55.2 % |
Buy Apartment Price | Madrid Edit |
Budapest Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
508.45 € (198,702.59 Ft) |
331.92 € (129,713.20 Ft) |
-34.7 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
306.97 € (119,962.20 Ft) |
226.59 € (88,550.53 Ft) |
-26.2 % |
Salaries And Financing | Madrid Edit |
Budapest Edit | |
| Average Monthly Net Salary (After Tax) |
2,119.41 € (828,261.94 Ft) |
1,084.20 € (423,701.63 Ft) |
-48.8 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.36 | 8.79 | +161.6 % |
| Last update: | June 2024 | June 2024 | |
| Contributors in the past 12 months: | 477 | 631 |
Moving to Madrid? Explore:
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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 |