Cost of Living Comparison Between Munich and Budapest 
| Indices Difference |  |
|---|---|
| Cost of Living in Budapest is 31.6% lower than in Munich (without rent) | |
| Cost of Living Including Rent in Budapest is 41.3% lower than in Munich | |
| Rent Prices in Budapest are 59.7% lower than in Munich | |
| Restaurant Prices in Budapest are 33.6% lower than in Munich | |
| Groceries Prices in Budapest are 32.2% lower than in Munich | |
| Local Purchasing Power in Budapest is 46.2% lower than in Munich | |
Restaurants | Munich Edit |
Budapest Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.00 € (5,789.65 Ft) |
10.36 € (4,000.00 Ft) |
-30.9 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
75.00 € (28,948.24 Ft) |
51.82 € (20,000.00 Ft) |
-30.9 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
11.00 € (4,245.74 Ft) |
7.77 € (3,000.00 Ft) |
-29.3 % |
| Domestic Beer (1 pint draught) |
4.50 € (1,736.89 Ft) |
2.59 € (1,000.00 Ft) |
-42.4 % |
| Imported Beer (12 oz small bottle) |
4.50 € (1,736.89 Ft) |
2.59 € (1,000.00 Ft) |
-42.4 % |
| Cappuccino (regular) |
3.73 € (1,441.62 Ft) |
2.16 € (834.81 Ft) |
-42.1 % |
| Coke/Pepsi (12 oz small bottle) |
3.20 € (1,234.02 Ft) |
1.52 € (585.68 Ft) |
-52.5 % |
| Water (12 oz small bottle) |
2.70 € (1,040.93 Ft) |
1.16 € (447.01 Ft) |
-57.1 % |
Markets | Munich Edit |
Budapest Edit | |
| Milk (regular), (1 gallon) |
4.40 € (1,699.07 Ft) |
3.80 € (1,467.56 Ft) |
-13.6 % |
| Loaf of Fresh White Bread (1 lb) |
2.10 € (808.81 Ft) |
1.32 € (510.96 Ft) |
-36.8 % |
| Rice (white), (1 lb) |
1.22 € (469.54 Ft) |
0.89 € (342.23 Ft) |
-27.1 % |
| Eggs (regular) (12) |
3.17 € (1,221.90 Ft) |
2.29 € (885.74 Ft) |
-27.5 % |
| Local Cheese (1 lb) |
5.90 € (2,275.99 Ft) |
4.03 € (1,555.47 Ft) |
-31.7 % |
| Chicken Fillets (1 lb) |
5.71 € (2,205.33 Ft) |
2.37 € (915.70 Ft) |
-58.5 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
7.43 € (2,868.16 Ft) |
5.23 € (2,020.44 Ft) |
-29.6 % |
| Apples (1 lb) |
1.24 € (479.62 Ft) |
0.67 € (257.27 Ft) |
-46.4 % |
| Banana (1 lb) |
0.73 € (280.40 Ft) |
0.78 € (301.22 Ft) |
+7.4 % |
| Oranges (1 lb) |
1.06 € (409.79 Ft) |
0.83 € (319.10 Ft) |
-22.1 % |
| Tomato (1 lb) |
1.45 € (559.09 Ft) |
1.29 € (499.77 Ft) |
-10.6 % |
| Potato (1 lb) |
0.76 € (294.88 Ft) |
0.52 € (201.84 Ft) |
-31.6 % |
| Onion (1 lb) |
0.78 € (302.83 Ft) |
0.57 € (220.73 Ft) |
-27.1 % |
| Lettuce (1 head) |
1.80 € (695.38 Ft) |
1.36 € (523.03 Ft) |
-24.8 % |
| Water (1.5 liter bottle) |
0.91 € (351.55 Ft) |
0.46 € (179.17 Ft) |
-49.0 % |
| Bottle of Wine (Mid-Range) |
5.99 € (2,312.00 Ft) |
5.18 € (2,000.00 Ft) |
-13.5 % |
| Domestic Beer (0.5 liter bottle) |
0.96 € (371.45 Ft) |
1.04 € (399.82 Ft) |
+7.6 % |
| Imported Beer (12 oz small bottle) |
1.63 € (627.28 Ft) |
1.39 € (535.95 Ft) |
-14.6 % |
| Cigarettes 20 Pack (Marlboro) |
8.20 € (3,165.01 Ft) |
5.70 € (2,200.00 Ft) |
-30.5 % |
Transportation | Munich Edit |
Budapest Edit | |
| One-way Ticket (Local Transport) |
3.70 € (1,428.11 Ft) |
1.17 € (450.00 Ft) |
-68.5 % |
| Monthly Pass (Regular Price) |
49.00 € (18,912.85 Ft) |
24.61 € (9,500.00 Ft) |
-49.8 % |
| Taxi Start (Normal Tariff) |
5.50 € (2,122.87 Ft) |
2.85 € (1,100.00 Ft) |
-48.2 % |
| Taxi 1 mile (Normal Tariff) |
3.86 € (1,490.81 Ft) |
1.83 € (708.11 Ft) |
-52.5 % |
| Taxi 1hour Waiting (Normal Tariff) |
36.00 € (13,895.15 Ft) |
17.10 € (6,600.00 Ft) |
-52.5 % |
| Gasoline (1 gallon) |
6.90 € (2,662.60 Ft) |
6.19 € (2,387.81 Ft) |
-10.3 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
27,180.00 € (10,490,841.23 Ft) |
28,499.14 € (11,000,000.00 Ft) |
+4.9 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,625.00 € (10,662,600.77 Ft) |
26,111.26 € (10,078,333.33 Ft) |
-5.5 % |
Utilities (Monthly) | Munich Edit |
Budapest Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
295.49 € (114,052.14 Ft) |
147.62 € (56,975.95 Ft) |
-50.0 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
22.92 € (8,848.33 Ft) |
21.54 € (8,312.39 Ft) |
-6.1 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
37.43 € (14,446.70 Ft) |
16.35 € (6,308.86 Ft) |
-56.3 % |
Sports And Leisure | Munich Edit |
Budapest Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
46.35 € (17,889.47 Ft) |
47.68 € (18,402.14 Ft) |
+2.9 % |
| Tennis Court Rent (1 Hour on Weekend) |
26.19 € (10,107.76 Ft) |
14.26 € (5,503.85 Ft) |
-45.5 % |
| Cinema, International Release, 1 Seat |
13.00 € (5,017.69 Ft) |
7.38 € (2,850.00 Ft) |
-43.2 % |
Childcare | Munich Edit |
Budapest Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
837.41 € (323,219.58 Ft) |
402.76 € (155,454.55 Ft) |
-51.9 % |
| International Primary School, Yearly for 1 Child |
14,575.00 € (5,625,607.46 Ft) |
9,812.74 € (3,787,488.18 Ft) |
-32.7 % |
Clothing And Shoes | Munich Edit |
Budapest Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
83.58 € (32,260.04 Ft) |
73.43 € (28,343.72 Ft) |
-12.1 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
33.38 € (12,883.90 Ft) |
31.29 € (12,076.67 Ft) |
-6.3 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
83.00 € (32,036.05 Ft) |
85.26 € (32,909.09 Ft) |
+2.7 % |
| 1 Pair of Men Leather Business Shoes |
112.86 € (43,562.71 Ft) |
92.20 € (35,588.25 Ft) |
-18.3 % |
Rent Per Month | Munich Edit |
Budapest Edit | |
| Apartment (1 bedroom) in City Centre |
1,459.38 € (563,287.53 Ft) |
590.93 € (228,085.85 Ft) |
-59.5 % |
| Apartment (1 bedroom) Outside of Centre |
1,154.38 € (445,563.55 Ft) |
459.48 € (177,349.76 Ft) |
-60.2 % |
| Apartment (3 bedrooms) in City Centre |
2,476.44 € (955,849.36 Ft) |
1,041.20 € (401,877.10 Ft) |
-58.0 % |
| Apartment (3 bedrooms) Outside of Centre |
2,005.26 € (773,984.45 Ft) |
765.03 € (295,284.85 Ft) |
-61.8 % |
Buy Apartment Price | Munich Edit |
Budapest Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
955.00 € (368,608.82 Ft) |
335.89 € (129,646.45 Ft) |
-64.8 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
701.89 € (270,914.06 Ft) |
230.41 € (88,932.81 Ft) |
-67.2 % |
Salaries And Financing | Munich Edit |
Budapest Edit | |
| Average Monthly Net Salary (After Tax) |
3,449.00 € (1,331,232.94 Ft) |
1,090.33 € (420,842.38 Ft) |
-68.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.45 | 8.96 | +160.0 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 445 | 656 |
Moving to Munich? Explore:
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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 |