Cost of Living Comparison Between Montreal and Budapest 
| Indices Difference |  |
|---|---|
| Cost of Living in Budapest is 27.7% lower than in Montreal (without rent) | |
| Cost of Living Including Rent in Budapest is 33.5% lower than in Montreal | |
| Rent Prices in Budapest are 47.3% lower than in Montreal | |
| Restaurant Prices in Budapest are 36.6% lower than in Montreal | |
| Groceries Prices in Budapest are 39.4% lower than in Montreal | |
| Local Purchasing Power in Budapest is 34.7% lower than in Montreal | |
Restaurants | Montreal Edit |
Budapest Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
25.00 C$ (6,463.20 Ft) |
15.47 C$ (4,000.00 Ft) |
-38.1 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
120.00 C$ (31,023.37 Ft) |
77.36 C$ (20,000.00 Ft) |
-35.5 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
15.00 C$ (3,877.92 Ft) |
11.60 C$ (3,000.00 Ft) |
-22.6 % |
| Domestic Beer (1 pint draught) |
8.75 C$ (2,262.12 Ft) |
3.87 C$ (1,000.00 Ft) |
-55.8 % |
| Imported Beer (12 oz small bottle) |
8.00 C$ (2,068.22 Ft) |
3.87 C$ (1,000.00 Ft) |
-51.6 % |
| Cappuccino (regular) |
5.27 C$ (1,361.25 Ft) |
3.25 C$ (840.21 Ft) |
-38.3 % |
| Coke/Pepsi (12 oz small bottle) |
2.83 C$ (732.22 Ft) |
2.26 C$ (585.55 Ft) |
-20.0 % |
| Water (12 oz small bottle) |
2.13 C$ (550.26 Ft) |
1.73 C$ (446.94 Ft) |
-18.8 % |
Markets | Montreal Edit |
Budapest Edit | |
| Milk (regular), (1 gallon) |
11.11 C$ (2,871.08 Ft) |
5.65 C$ (1,461.71 Ft) |
-49.1 % |
| Loaf of Fresh White Bread (1 lb) |
3.83 C$ (990.23 Ft) |
1.98 C$ (512.27 Ft) |
-48.3 % |
| Rice (white), (1 lb) |
2.07 C$ (534.09 Ft) |
1.32 C$ (342.23 Ft) |
-35.9 % |
| Eggs (regular) (12) |
4.61 C$ (1,190.65 Ft) |
3.43 C$ (885.74 Ft) |
-25.6 % |
| Local Cheese (1 lb) |
7.99 C$ (2,066.35 Ft) |
5.98 C$ (1,545.82 Ft) |
-25.2 % |
| Chicken Fillets (1 lb) |
7.89 C$ (2,038.59 Ft) |
3.54 C$ (915.70 Ft) |
-55.1 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
9.09 C$ (2,349.46 Ft) |
7.81 C$ (2,020.33 Ft) |
-14.0 % |
| Apples (1 lb) |
2.27 C$ (587.14 Ft) |
1.00 C$ (258.61 Ft) |
-56.0 % |
| Banana (1 lb) |
0.89 C$ (231.06 Ft) |
1.17 C$ (302.22 Ft) |
+30.8 % |
| Oranges (1 lb) |
2.49 C$ (644.41 Ft) |
1.23 C$ (319.06 Ft) |
-50.5 % |
| Tomato (1 lb) |
2.83 C$ (732.52 Ft) |
1.93 C$ (499.77 Ft) |
-31.8 % |
| Potato (1 lb) |
1.29 C$ (334.71 Ft) |
0.78 C$ (201.84 Ft) |
-39.7 % |
| Onion (1 lb) |
1.46 C$ (376.19 Ft) |
0.85 C$ (220.73 Ft) |
-41.3 % |
| Lettuce (1 head) |
3.45 C$ (891.40 Ft) |
2.02 C$ (522.93 Ft) |
-41.3 % |
| Water (1.5 liter bottle) |
2.37 C$ (613.18 Ft) |
0.69 C$ (178.57 Ft) |
-70.9 % |
| Bottle of Wine (Mid-Range) |
20.00 C$ (5,170.56 Ft) |
7.74 C$ (2,000.00 Ft) |
-61.3 % |
| Domestic Beer (0.5 liter bottle) |
4.52 C$ (1,168.78 Ft) |
1.54 C$ (399.40 Ft) |
-65.8 % |
| Imported Beer (12 oz small bottle) |
4.48 C$ (1,158.03 Ft) |
2.07 C$ (535.95 Ft) |
-53.7 % |
| Cigarettes 20 Pack (Marlboro) |
15.00 C$ (3,877.92 Ft) |
8.51 C$ (2,200.00 Ft) |
-43.3 % |
Transportation | Montreal Edit |
Budapest Edit | |
| One-way Ticket (Local Transport) |
3.75 C$ (969.48 Ft) |
1.74 C$ (450.00 Ft) |
-53.6 % |
| Monthly Pass (Regular Price) |
97.00 C$ (25,077.23 Ft) |
36.75 C$ (9,500.00 Ft) |
-62.1 % |
| Taxi Start (Normal Tariff) |
4.95 C$ (1,279.71 Ft) |
4.25 C$ (1,100.00 Ft) |
-14.0 % |
| Taxi 1 mile (Normal Tariff) |
3.22 C$ (832.12 Ft) |
2.74 C$ (708.11 Ft) |
-14.9 % |
| Taxi 1hour Waiting (Normal Tariff) |
60.00 C$ (15,511.69 Ft) |
25.53 C$ (6,600.00 Ft) |
-57.5 % |
| Gasoline (1 gallon) |
6.53 C$ (1,688.99 Ft) |
9.22 C$ (2,383.93 Ft) |
+41.1 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,978.00 C$ (8,784,267.72 Ft) |
40,614.54 C$ (10,500,000.00 Ft) |
+19.5 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,785.04 C$ (7,183,213.13 Ft) |
38,971.39 C$ (10,075,200.00 Ft) |
+40.3 % |
Utilities (Monthly) | Montreal Edit |
Budapest Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
111.36 C$ (28,789.29 Ft) |
220.39 C$ (56,975.95 Ft) |
+97.9 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
52.72 C$ (13,630.27 Ft) |
32.04 C$ (8,284.47 Ft) |
-39.2 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
60.63 C$ (15,675.56 Ft) |
24.42 C$ (6,313.11 Ft) |
-59.7 % |
Sports And Leisure | Montreal Edit |
Budapest Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
46.16 C$ (11,933.66 Ft) |
71.18 C$ (18,402.14 Ft) |
+54.2 % |
| Tennis Court Rent (1 Hour on Weekend) |
22.31 C$ (5,767.17 Ft) |
21.29 C$ (5,503.85 Ft) |
-4.6 % |
| Cinema, International Release, 1 Seat |
15.00 C$ (3,877.92 Ft) |
10.83 C$ (2,800.00 Ft) |
-27.8 % |
Childcare | Montreal Edit |
Budapest Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
898.67 C$ (232,330.58 Ft) |
601.31 C$ (155,454.55 Ft) |
-33.1 % |
| International Primary School, Yearly for 1 Child |
9,057.14 C$ (2,341,525.92 Ft) |
14,643.93 C$ (3,785,866.08 Ft) |
+61.7 % |
Clothing And Shoes | Montreal Edit |
Budapest Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
87.82 C$ (22,704.21 Ft) |
109.63 C$ (28,343.72 Ft) |
+24.8 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
66.56 C$ (17,208.33 Ft) |
46.71 C$ (12,076.67 Ft) |
-29.8 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
118.17 C$ (30,549.40 Ft) |
127.90 C$ (33,066.67 Ft) |
+8.2 % |
| 1 Pair of Men Leather Business Shoes |
146.25 C$ (37,809.73 Ft) |
137.13 C$ (35,451.95 Ft) |
-6.2 % |
Rent Per Month | Montreal Edit |
Budapest Edit | |
| Apartment (1 bedroom) in City Centre |
1,663.80 C$ (430,138.09 Ft) |
881.78 C$ (227,964.60 Ft) |
-47.0 % |
| Apartment (1 bedroom) Outside of Centre |
1,281.25 C$ (331,239.13 Ft) |
685.72 C$ (177,279.17 Ft) |
-46.5 % |
| Apartment (3 bedrooms) in City Centre |
2,985.00 C$ (771,706.37 Ft) |
1,553.41 C$ (401,599.98 Ft) |
-48.0 % |
| Apartment (3 bedrooms) Outside of Centre |
2,161.41 C$ (558,785.28 Ft) |
1,141.58 C$ (295,130.36 Ft) |
-47.2 % |
Buy Apartment Price | Montreal Edit |
Budapest Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
921.03 C$ (238,112.66 Ft) |
501.42 C$ (129,631.63 Ft) |
-45.6 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
530.53 C$ (137,157.56 Ft) |
344.00 C$ (88,932.81 Ft) |
-35.2 % |
Salaries And Financing | Montreal Edit |
Budapest Edit | |
| Average Monthly Net Salary (After Tax) |
3,739.30 C$ (966,715.35 Ft) |
1,624.38 C$ (419,948.78 Ft) |
-56.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.39 | 8.96 | +40.1 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 443 | 662 |
Moving to Montreal? Explore:
Moving to Budapest? Explore:
Cities near Montreal: | Cost of Living in Longueuil | 8.36 miles |
| Cost of Living in Sainte-Martine | 25.85 miles |
| Cost of Living in Sherbrooke | 99.30 miles |
| Cost of Living in Gatineau | 112.36 miles |
| Cost of Living in Ottawa | 119.48 miles |
| Cost of Living in Quebec City | 157.18 miles |
| Cost of Living in Kingston | 176.74 miles |
| Cost of Living in Belleville | 220.82 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 |