Cost of Living Comparison Between Munich and Budapest 
| Indices Difference |  |
|---|---|
| Cost of Living in Budapest is 32.8% lower than in Munich (without rent) | |
| Cost of Living Including Rent in Budapest is 41.9% lower than in Munich | |
| Rent Prices in Budapest are 59.7% lower than in Munich | |
| Restaurant Prices in Budapest are 34.6% lower than in Munich | |
| Groceries Prices in Budapest are 32.8% lower than in Munich | |
| Local Purchasing Power in Budapest is 45.1% lower than in Munich | |
Restaurants | Munich Edit |
Budapest Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.00 € (5,793.12 Ft) |
10.36 € (4,000.00 Ft) |
-31.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
77.50 € (29,931.12 Ft) |
51.79 € (20,000.00 Ft) |
-33.2 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
11.00 € (4,248.29 Ft) |
7.77 € (3,000.00 Ft) |
-29.4 % |
| Domestic Beer (1 pint draught) |
4.50 € (1,737.94 Ft) |
2.59 € (1,000.00 Ft) |
-42.5 % |
| Imported Beer (12 oz small bottle) |
4.50 € (1,737.94 Ft) |
2.59 € (1,000.00 Ft) |
-42.5 % |
| Cappuccino (regular) |
3.78 € (1,460.61 Ft) |
2.18 € (840.34 Ft) |
-42.5 % |
| Coke/Pepsi (12 oz small bottle) |
3.35 € (1,295.00 Ft) |
1.52 € (585.67 Ft) |
-54.8 % |
| Water (12 oz small bottle) |
2.82 € (1,089.37 Ft) |
1.16 € (447.01 Ft) |
-59.0 % |
Markets | Munich Edit |
Budapest Edit | |
| Milk (regular), (1 gallon) |
4.43 € (1,710.20 Ft) |
3.78 € (1,461.71 Ft) |
-14.5 % |
| Loaf of Fresh White Bread (1 lb) |
2.11 € (814.12 Ft) |
1.33 € (512.27 Ft) |
-37.1 % |
| Rice (white), (1 lb) |
1.23 € (473.24 Ft) |
0.89 € (342.23 Ft) |
-27.7 % |
| Eggs (regular) (12) |
3.17 € (1,225.63 Ft) |
2.29 € (885.74 Ft) |
-27.7 % |
| Local Cheese (1 lb) |
5.94 € (2,294.31 Ft) |
4.00 € (1,545.82 Ft) |
-32.6 % |
| Chicken Fillets (1 lb) |
5.83 € (2,250.18 Ft) |
2.37 € (915.70 Ft) |
-59.3 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
7.49 € (2,893.14 Ft) |
5.23 € (2,020.71 Ft) |
-30.2 % |
| Apples (1 lb) |
1.25 € (483.15 Ft) |
0.67 € (258.61 Ft) |
-46.5 % |
| Banana (1 lb) |
0.74 € (284.45 Ft) |
0.78 € (302.22 Ft) |
+6.2 % |
| Oranges (1 lb) |
1.07 € (412.01 Ft) |
0.83 € (319.06 Ft) |
-22.6 % |
| Tomato (1 lb) |
1.45 € (561.93 Ft) |
1.29 € (499.77 Ft) |
-11.1 % |
| Potato (1 lb) |
0.77 € (298.06 Ft) |
0.52 € (201.84 Ft) |
-32.3 % |
| Onion (1 lb) |
0.81 € (313.94 Ft) |
0.57 € (220.73 Ft) |
-29.7 % |
| Lettuce (1 head) |
1.82 € (702.38 Ft) |
1.35 € (523.13 Ft) |
-25.5 % |
| Water (1.5 liter bottle) |
0.91 € (350.21 Ft) |
0.46 € (178.57 Ft) |
-49.0 % |
| Bottle of Wine (Mid-Range) |
5.99 € (2,313.39 Ft) |
5.18 € (2,000.00 Ft) |
-13.5 % |
| Domestic Beer (0.5 liter bottle) |
0.97 € (374.72 Ft) |
1.03 € (399.40 Ft) |
+6.6 % |
| Imported Beer (12 oz small bottle) |
1.64 € (634.72 Ft) |
1.39 € (535.95 Ft) |
-15.6 % |
| Cigarettes 20 Pack (Marlboro) |
8.20 € (3,166.91 Ft) |
5.70 € (2,200.00 Ft) |
-30.5 % |
Transportation | Munich Edit |
Budapest Edit | |
| One-way Ticket (Local Transport) |
3.70 € (1,428.97 Ft) |
1.17 € (450.00 Ft) |
-68.5 % |
| Monthly Pass (Regular Price) |
49.00 € (18,924.19 Ft) |
24.60 € (9,500.00 Ft) |
-49.8 % |
| Taxi Start (Normal Tariff) |
5.50 € (2,124.14 Ft) |
2.85 € (1,100.00 Ft) |
-48.2 % |
| Taxi 1 mile (Normal Tariff) |
4.02 € (1,553.85 Ft) |
1.83 € (708.11 Ft) |
-54.4 % |
| Taxi 1hour Waiting (Normal Tariff) |
38.00 € (14,675.90 Ft) |
17.09 € (6,600.00 Ft) |
-55.0 % |
| Gasoline (1 gallon) |
6.90 € (2,665.06 Ft) |
6.17 € (2,383.93 Ft) |
-10.5 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
27,180.00 € (10,497,132.98 Ft) |
27,187.42 € (10,500,000.00 Ft) |
+0.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,625.00 € (10,668,995.53 Ft) |
26,087.50 € (10,075,200.00 Ft) |
-5.6 % |
Utilities (Monthly) | Munich Edit |
Budapest Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
305.21 € (117,874.59 Ft) |
147.53 € (56,975.95 Ft) |
-51.7 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
23.32 € (9,006.85 Ft) |
21.45 € (8,284.47 Ft) |
-8.0 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
37.91 € (14,641.88 Ft) |
16.35 € (6,313.11 Ft) |
-56.9 % |
Sports And Leisure | Munich Edit |
Budapest Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
46.98 € (18,142.49 Ft) |
47.65 € (18,402.14 Ft) |
+1.4 % |
| Tennis Court Rent (1 Hour on Weekend) |
27.62 € (10,665.28 Ft) |
14.25 € (5,503.85 Ft) |
-48.4 % |
| Cinema, International Release, 1 Seat |
13.00 € (5,020.70 Ft) |
7.25 € (2,800.00 Ft) |
-44.2 % |
Childcare | Munich Edit |
Budapest Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
837.41 € (323,413.43 Ft) |
402.52 € (155,454.55 Ft) |
-51.9 % |
| International Primary School, Yearly for 1 Child |
14,575.00 € (5,628,981.35 Ft) |
9,806.39 € (3,787,304.72 Ft) |
-32.7 % |
Clothing And Shoes | Munich Edit |
Budapest Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
88.83 € (34,305.79 Ft) |
73.39 € (28,343.72 Ft) |
-17.4 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
35.48 € (13,701.61 Ft) |
31.27 € (12,076.67 Ft) |
-11.9 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
87.66 € (33,853.13 Ft) |
85.62 € (33,066.67 Ft) |
-2.3 % |
| 1 Pair of Men Leather Business Shoes |
122.05 € (47,135.76 Ft) |
91.79 € (35,451.95 Ft) |
-24.8 % |
Rent Per Month | Munich Edit |
Budapest Edit | |
| Apartment (1 bedroom) in City Centre |
1,459.38 € (563,625.36 Ft) |
590.60 € (228,093.37 Ft) |
-59.5 % |
| Apartment (1 bedroom) Outside of Centre |
1,147.43 € (443,147.16 Ft) |
459.19 € (177,341.78 Ft) |
-60.0 % |
| Apartment (3 bedrooms) in City Centre |
2,476.44 € (956,422.61 Ft) |
1,040.49 € (401,845.76 Ft) |
-58.0 % |
| Apartment (3 bedrooms) Outside of Centre |
2,005.26 € (774,448.64 Ft) |
764.53 € (295,267.38 Ft) |
-61.9 % |
Buy Apartment Price | Munich Edit |
Budapest Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
962.90 € (371,879.21 Ft) |
335.73 € (129,661.48 Ft) |
-65.1 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
707.05 € (273,069.36 Ft) |
230.27 € (88,932.81 Ft) |
-67.4 % |
Salaries And Financing | Munich Edit |
Budapest Edit | |
| Average Monthly Net Salary (After Tax) |
3,414.40 € (1,318,670.02 Ft) |
1,087.48 € (419,993.57 Ft) |
-68.2 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.56 | 8.96 | +151.8 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 444 | 662 |
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Cities near Munich: | Cost of Living in Weilheim in Oberbayern | 33.39 miles |
| Cost of Living in Augsburg | 50.51 miles |
| Cost of Living in Traunstein | 73.32 miles |
| Cost of Living in Regensburg | 77.13 miles |
| Cost of Living in Ulm | 94.48 miles |
| Cost of Living in Nuremberg | 103.48 miles |
| Cost of Living in Erlangen | 118.92 miles |
| Cost of Living in Tubingen | 143.48 miles |
| Cost of Living in Stuttgart | 144.21 miles |
| Cost of Living in Kitzingen | 153.67 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 |