Cost of Living Comparison Between Munich and Budapest 
| Indices Difference |  |
|---|---|
| Cost of Living in Budapest is 34.0% lower than in Munich (without rent) | |
| Cost of Living Including Rent in Budapest is 43.6% lower than in Munich | |
| Rent Prices in Budapest are 61.5% lower than in Munich | |
| Restaurant Prices in Budapest are 34.7% lower than in Munich | |
| Groceries Prices in Budapest are 33.4% lower than in Munich | |
| Local Purchasing Power in Budapest is 39.8% lower than in Munich | |
Restaurants | Munich Edit |
Budapest Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.00 € (5,850.06 Ft) |
10.26 € (4,000.00 Ft) |
-31.6 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
75.00 € (29,250.30 Ft) |
51.28 € (20,000.00 Ft) |
-31.6 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
11.00 € (4,290.04 Ft) |
7.69 € (3,000.00 Ft) |
-30.1 % |
| Domestic Beer (1 pint draught) |
4.50 € (1,755.02 Ft) |
2.56 € (1,000.00 Ft) |
-43.0 % |
| Imported Beer (12 oz small bottle) |
4.70 € (1,833.02 Ft) |
2.56 € (1,000.00 Ft) |
-45.4 % |
| Cappuccino (regular) |
3.79 € (1,479.80 Ft) |
2.17 € (845.66 Ft) |
-42.9 % |
| Coke/Pepsi (12 oz small bottle) |
3.49 € (1,361.11 Ft) |
1.50 € (585.85 Ft) |
-57.0 % |
| Water (12 oz small bottle) |
2.91 € (1,135.69 Ft) |
1.15 € (447.11 Ft) |
-60.6 % |
Markets | Munich Edit |
Budapest Edit | |
| Milk (regular), (1 gallon) |
4.37 € (1,703.00 Ft) |
3.75 € (1,461.71 Ft) |
-14.2 % |
| Loaf of Fresh White Bread (1 lb) |
2.04 € (795.56 Ft) |
1.29 € (502.98 Ft) |
-36.8 % |
| Rice (white), (1 lb) |
1.22 € (477.75 Ft) |
0.88 € (345.08 Ft) |
-27.8 % |
| Eggs (regular) (12) |
3.23 € (1,259.34 Ft) |
2.28 € (887.27 Ft) |
-29.5 % |
| Local Cheese (1 lb) |
5.97 € (2,330.07 Ft) |
4.07 € (1,586.24 Ft) |
-31.9 % |
| Chicken Fillets (1 lb) |
5.83 € (2,272.30 Ft) |
2.35 € (914.70 Ft) |
-59.7 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
7.54 € (2,942.49 Ft) |
5.12 € (1,996.10 Ft) |
-32.2 % |
| Apples (1 lb) |
1.24 € (484.41 Ft) |
0.67 € (260.88 Ft) |
-46.1 % |
| Banana (1 lb) |
0.74 € (287.25 Ft) |
0.77 € (301.03 Ft) |
+4.8 % |
| Oranges (1 lb) |
1.04 € (404.98 Ft) |
0.80 € (311.63 Ft) |
-23.1 % |
| Tomato (1 lb) |
1.48 € (577.08 Ft) |
1.28 € (499.77 Ft) |
-13.4 % |
| Potato (1 lb) |
0.74 € (290.40 Ft) |
0.52 € (201.84 Ft) |
-30.5 % |
| Onion (1 lb) |
0.81 € (315.74 Ft) |
0.57 € (220.73 Ft) |
-30.1 % |
| Lettuce (1 head) |
1.83 € (713.86 Ft) |
1.32 € (513.06 Ft) |
-28.1 % |
| Water (1.5 liter bottle) |
0.91 € (353.66 Ft) |
0.47 € (181.55 Ft) |
-48.7 % |
| Bottle of Wine (Mid-Range) |
5.99 € (2,336.12 Ft) |
5.13 € (2,000.00 Ft) |
-14.4 % |
| Domestic Beer (0.5 liter bottle) |
0.96 € (372.89 Ft) |
1.03 € (402.67 Ft) |
+8.0 % |
| Imported Beer (12 oz small bottle) |
1.56 € (609.81 Ft) |
1.37 € (535.95 Ft) |
-12.1 % |
| Cigarettes 20 Pack (Marlboro) |
8.20 € (3,198.03 Ft) |
5.64 € (2,200.00 Ft) |
-31.2 % |
Transportation | Munich Edit |
Budapest Edit | |
| One-way Ticket (Local Transport) |
3.70 € (1,443.01 Ft) |
1.15 € (450.00 Ft) |
-68.8 % |
| Monthly Pass (Regular Price) |
49.00 € (19,110.20 Ft) |
24.36 € (9,500.00 Ft) |
-50.3 % |
| Taxi Start (Normal Tariff) |
5.50 € (2,145.02 Ft) |
2.82 € (1,100.00 Ft) |
-48.7 % |
| Taxi 1 mile (Normal Tariff) |
4.02 € (1,569.13 Ft) |
1.82 € (708.11 Ft) |
-54.9 % |
| Taxi 1hour Waiting (Normal Tariff) |
38.00 € (14,820.15 Ft) |
16.92 € (6,600.00 Ft) |
-55.5 % |
| Gasoline (1 gallon) |
6.90 € (2,690.25 Ft) |
6.10 € (2,378.88 Ft) |
-11.6 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
27,180.00 € (10,600,309.09 Ft) |
25,640.76 € (10,000,000.00 Ft) |
-5.7 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,625.00 € (10,773,860.88 Ft) |
25,826.16 € (10,072,307.69 Ft) |
-6.5 % |
Utilities (Monthly) | Munich Edit |
Budapest Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
332.30 € (129,599.91 Ft) |
144.87 € (56,499.37 Ft) |
-56.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
23.32 € (9,095.38 Ft) |
21.19 € (8,264.42 Ft) |
-9.1 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
37.68 € (14,694.32 Ft) |
16.23 € (6,331.46 Ft) |
-56.9 % |
Sports And Leisure | Munich Edit |
Budapest Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
46.05 € (17,960.61 Ft) |
47.18 € (18,402.14 Ft) |
+2.5 % |
| Tennis Court Rent (1 Hour on Weekend) |
28.25 € (11,017.61 Ft) |
14.11 € (5,503.85 Ft) |
-50.0 % |
| Cinema, International Release, 1 Seat |
13.00 € (5,070.05 Ft) |
7.44 € (2,900.00 Ft) |
-42.8 % |
Childcare | Munich Edit |
Budapest Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
845.49 € (329,744.57 Ft) |
398.60 € (155,454.55 Ft) |
-52.9 % |
| International Primary School, Yearly for 1 Child |
14,575.00 € (5,684,308.50 Ft) |
9,628.67 € (3,755,219.66 Ft) |
-33.9 % |
Clothing And Shoes | Munich Edit |
Budapest Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
90.64 € (35,349.96 Ft) |
74.54 € (29,071.28 Ft) |
-17.8 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
39.52 € (15,414.91 Ft) |
31.57 € (12,314.00 Ft) |
-20.1 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
87.12 € (33,977.15 Ft) |
85.71 € (33,426.67 Ft) |
-1.6 % |
| 1 Pair of Men Leather Business Shoes |
129.89 € (50,657.19 Ft) |
90.68 € (35,365.68 Ft) |
-30.2 % |
Rent Per Month | Munich Edit |
Budapest Edit | |
| Apartment (1 bedroom) in City Centre |
1,490.24 € (581,201.10 Ft) |
598.81 € (233,538.10 Ft) |
-59.8 % |
| Apartment (1 bedroom) Outside of Centre |
1,184.98 € (462,145.69 Ft) |
463.59 € (180,800.11 Ft) |
-60.9 % |
| Apartment (3 bedrooms) in City Centre |
2,647.06 € (1,032,363.57 Ft) |
1,035.73 € (403,938.90 Ft) |
-60.9 % |
| Apartment (3 bedrooms) Outside of Centre |
2,074.29 € (808,979.75 Ft) |
752.73 € (293,569.30 Ft) |
-63.7 % |
Buy Apartment Price | Munich Edit |
Budapest Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,053.22 € (410,758.51 Ft) |
332.50 € (129,677.67 Ft) |
-68.4 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
760.11 € (296,445.74 Ft) |
227.05 € (88,550.53 Ft) |
-70.1 % |
Salaries And Financing | Munich Edit |
Budapest Edit | |
| Average Monthly Net Salary (After Tax) |
3,188.70 € (1,243,604.89 Ft) |
1,082.67 € (422,245.24 Ft) |
-66.0 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.88 | 8.84 | +127.7 % |
| Last update: | May 2024 | June 2024 | |
| Contributors in the past 12 months: | 410 | 620 |
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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 |