Cost of Living Comparison Between Toronto and Budapest 
| Indices Difference |  |
|---|---|
| Cost of Living in Budapest is 32.7% lower than in Toronto (without rent) | |
| Cost of Living Including Rent in Budapest is 45.9% lower than in Toronto | |
| Rent Prices in Budapest are 66.9% lower than in Toronto | |
| Restaurant Prices in Budapest are 37.5% lower than in Toronto | |
| Groceries Prices in Budapest are 41.1% lower than in Toronto | |
| Local Purchasing Power in Budapest is 37.2% lower than in Toronto | |
Restaurants | Toronto Edit |
Budapest Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
25.00 C$ (6,502.89 Ft) |
15.38 C$ (4,000.00 Ft) |
-38.5 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
120.00 C$ (31,213.89 Ft) |
76.89 C$ (20,000.00 Ft) |
-35.9 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
15.00 C$ (3,901.74 Ft) |
11.53 C$ (3,000.00 Ft) |
-23.1 % |
| Domestic Beer (1 pint draught) |
8.00 C$ (2,080.93 Ft) |
3.84 C$ (1,000.00 Ft) |
-51.9 % |
| Imported Beer (12 oz small bottle) |
10.00 C$ (2,601.16 Ft) |
3.84 C$ (1,000.00 Ft) |
-61.6 % |
| Cappuccino (regular) |
5.40 C$ (1,405.21 Ft) |
3.23 C$ (840.34 Ft) |
-40.2 % |
| Coke/Pepsi (12 oz small bottle) |
2.96 C$ (771.13 Ft) |
2.25 C$ (585.67 Ft) |
-24.1 % |
| Water (12 oz small bottle) |
2.24 C$ (583.50 Ft) |
1.72 C$ (447.01 Ft) |
-23.4 % |
Markets | Toronto Edit |
Budapest Edit | |
| Milk (regular), (1 gallon) |
16.01 C$ (4,164.38 Ft) |
5.62 C$ (1,461.71 Ft) |
-64.9 % |
| Loaf of Fresh White Bread (1 lb) |
3.47 C$ (901.51 Ft) |
1.97 C$ (512.27 Ft) |
-43.2 % |
| Rice (white), (1 lb) |
2.10 C$ (546.25 Ft) |
1.32 C$ (342.23 Ft) |
-37.3 % |
| Eggs (regular) (12) |
4.84 C$ (1,259.16 Ft) |
3.41 C$ (885.74 Ft) |
-29.7 % |
| Local Cheese (1 lb) |
7.13 C$ (1,854.90 Ft) |
5.94 C$ (1,545.82 Ft) |
-16.7 % |
| Chicken Fillets (1 lb) |
7.80 C$ (2,027.65 Ft) |
3.52 C$ (915.70 Ft) |
-54.8 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
8.72 C$ (2,267.18 Ft) |
7.77 C$ (2,020.71 Ft) |
-10.9 % |
| Apples (1 lb) |
2.38 C$ (618.70 Ft) |
0.99 C$ (258.61 Ft) |
-58.2 % |
| Banana (1 lb) |
0.92 C$ (239.54 Ft) |
1.16 C$ (302.22 Ft) |
+26.2 % |
| Oranges (1 lb) |
2.46 C$ (638.95 Ft) |
1.23 C$ (319.06 Ft) |
-50.1 % |
| Tomato (1 lb) |
2.35 C$ (611.94 Ft) |
1.92 C$ (499.77 Ft) |
-18.3 % |
| Potato (1 lb) |
1.66 C$ (431.10 Ft) |
0.78 C$ (201.84 Ft) |
-53.2 % |
| Onion (1 lb) |
1.73 C$ (450.88 Ft) |
0.85 C$ (220.73 Ft) |
-51.0 % |
| Lettuce (1 head) |
3.15 C$ (819.11 Ft) |
2.01 C$ (523.13 Ft) |
-36.1 % |
| Water (1.5 liter bottle) |
2.42 C$ (630.02 Ft) |
0.69 C$ (178.57 Ft) |
-71.7 % |
| Bottle of Wine (Mid-Range) |
19.00 C$ (4,942.20 Ft) |
7.69 C$ (2,000.00 Ft) |
-59.5 % |
| Domestic Beer (0.5 liter bottle) |
3.49 C$ (906.98 Ft) |
1.54 C$ (399.40 Ft) |
-56.0 % |
| Imported Beer (12 oz small bottle) |
3.72 C$ (968.84 Ft) |
2.06 C$ (535.95 Ft) |
-44.7 % |
| Cigarettes 20 Pack (Marlboro) |
20.00 C$ (5,202.31 Ft) |
8.46 C$ (2,200.00 Ft) |
-57.7 % |
Transportation | Toronto Edit |
Budapest Edit | |
| One-way Ticket (Local Transport) |
3.35 C$ (871.39 Ft) |
1.73 C$ (450.00 Ft) |
-48.4 % |
| Monthly Pass (Regular Price) |
156.00 C$ (40,578.06 Ft) |
36.52 C$ (9,500.00 Ft) |
-76.6 % |
| Taxi Start (Normal Tariff) |
5.00 C$ (1,300.58 Ft) |
4.23 C$ (1,100.00 Ft) |
-15.4 % |
| Taxi 1 mile (Normal Tariff) |
2.82 C$ (732.58 Ft) |
2.72 C$ (708.11 Ft) |
-3.3 % |
| Taxi 1hour Waiting (Normal Tariff) |
31.00 C$ (8,063.59 Ft) |
25.37 C$ (6,600.00 Ft) |
-18.2 % |
| Gasoline (1 gallon) |
6.12 C$ (1,592.55 Ft) |
9.16 C$ (2,383.93 Ft) |
+49.7 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
34,350.00 C$ (8,934,975.69 Ft) |
40,366.65 C$ (10,500,000.00 Ft) |
+17.5 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
30,793.75 C$ (8,009,938.82 Ft) |
38,733.53 C$ (10,075,200.00 Ft) |
+25.8 % |
Utilities (Monthly) | Toronto Edit |
Budapest Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
159.67 C$ (41,533.51 Ft) |
219.04 C$ (56,975.95 Ft) |
+37.2 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
63.86 C$ (16,610.25 Ft) |
31.85 C$ (8,284.47 Ft) |
-50.1 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
72.65 C$ (18,898.56 Ft) |
24.27 C$ (6,313.11 Ft) |
-66.6 % |
Sports And Leisure | Toronto Edit |
Budapest Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
71.00 C$ (18,468.22 Ft) |
70.75 C$ (18,402.14 Ft) |
-0.4 % |
| Tennis Court Rent (1 Hour on Weekend) |
28.37 C$ (7,379.07 Ft) |
21.16 C$ (5,503.85 Ft) |
-25.4 % |
| Cinema, International Release, 1 Seat |
18.00 C$ (4,682.08 Ft) |
10.76 C$ (2,800.00 Ft) |
-40.2 % |
Childcare | Toronto Edit |
Budapest Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,545.84 C$ (402,097.32 Ft) |
597.64 C$ (155,454.55 Ft) |
-61.3 % |
| International Primary School, Yearly for 1 Child |
24,963.85 C$ (6,493,489.33 Ft) |
14,560.08 C$ (3,787,304.72 Ft) |
-41.7 % |
Clothing And Shoes | Toronto Edit |
Budapest Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
82.88 C$ (21,558.52 Ft) |
108.97 C$ (28,343.72 Ft) |
+31.5 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
50.31 C$ (13,087.46 Ft) |
46.43 C$ (12,076.67 Ft) |
-7.7 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
138.29 C$ (35,971.20 Ft) |
127.12 C$ (33,066.67 Ft) |
-8.1 % |
| 1 Pair of Men Leather Business Shoes |
165.42 C$ (43,029.45 Ft) |
136.29 C$ (35,451.95 Ft) |
-17.6 % |
Rent Per Month | Toronto Edit |
Budapest Edit | |
| Apartment (1 bedroom) in City Centre |
2,523.72 C$ (656,460.32 Ft) |
876.89 C$ (228,093.37 Ft) |
-65.3 % |
| Apartment (1 bedroom) Outside of Centre |
2,163.52 C$ (562,765.82 Ft) |
681.78 C$ (177,341.78 Ft) |
-68.5 % |
| Apartment (3 bedrooms) in City Centre |
4,474.60 C$ (1,163,914.72 Ft) |
1,544.87 C$ (401,845.76 Ft) |
-65.5 % |
| Apartment (3 bedrooms) Outside of Centre |
3,639.30 C$ (946,638.76 Ft) |
1,135.14 C$ (295,267.38 Ft) |
-68.8 % |
Buy Apartment Price | Toronto Edit |
Budapest Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,303.09 C$ (338,953.73 Ft) |
498.48 C$ (129,661.48 Ft) |
-61.7 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,019.91 C$ (265,294.77 Ft) |
341.90 C$ (88,932.81 Ft) |
-66.5 % |
Salaries And Financing | Toronto Edit |
Budapest Edit | |
| Average Monthly Net Salary (After Tax) |
4,752.90 C$ (1,236,304.12 Ft) |
1,614.64 C$ (419,993.57 Ft) |
-66.0 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.52 | 8.96 | +37.4 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 787 | 662 |
Moving to Toronto? Explore:
Moving to Budapest? Explore:
Cities near Toronto: | Cost of Living in Vaughan | 16.10 miles |
| Cost of Living in Richmond Hill | 22.87 miles |
| Cost of Living in Oakville | 25.57 miles |
| Cost of Living in Brampton | 27.62 miles |
| Cost of Living in Whitby, ON | 33.84 miles |
| Cost of Living in Burlington | 34.94 miles |
| Cost of Living in Oshawa | 35.88 miles |
| Cost of Living in Hamilton | 44.17 miles |
| Cost of Living in Guelph | 58.38 miles |
| Cost of Living in Cambridge | 60.12 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 |