Cost of Living Comparison Between Cologne and Budapest 

Indices DifferenceInfo
Consumer Prices in Budapest are 24.7% lower than in Cologne (without rent)
Consumer Prices Including Rent in Budapest are 29.2% lower than in Cologne
Rent Prices in Budapest are 40.7% lower than in Cologne
Restaurant Prices in Budapest are 18.2% lower than in Cologne
Groceries Prices in Budapest are 32.1% lower than in Cologne
Local Purchasing Power in Budapest is 48.8% lower than in Cologne
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Cologne Edit Budapest Edit Difference
Meal, Inexpensive Restaurant 12.00 €
(4,672.91 Ft)
10.27 €
(4,000.00 Ft)
     -14.4 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
(23,364.56 Ft)
51.36 €
(20,000.00 Ft)
     -14.4 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 €
(3,894.09 Ft)
7.70 €
(3,000.00 Ft)
     -23.0 %
Domestic Beer (1 pint draught) 3.20 €
(1,246.11 Ft)
2.57 €
(1,000.00 Ft)
     -19.8 %
Imported Beer (12 oz small bottle) 3.00 €
(1,168.23 Ft)
2.57 €
(1,000.00 Ft)
     -14.4 %
Cappuccino (regular) 3.25 €
(1,266.29 Ft)
2.15 €
(835.76 Ft)
     -34.0 %
Coke/Pepsi (12 oz small bottle) 2.40 €
(936.08 Ft)
1.52 €
(590.47 Ft)
     -36.9 %
Water (12 oz small bottle) 1.92 €
(746.03 Ft)
1.15 €
(448.36 Ft)
     -39.9 %
Markets
Cologne Edit Budapest Edit
Milk (regular), (1 gallon) 3.89 €
(1,513.81 Ft)
3.75 €
(1,460.17 Ft)
     -3.5 %
Loaf of Fresh White Bread (1 lb) 1.83 €
(713.77 Ft)
1.31 €
(509.98 Ft)
     -28.6 %
Rice (white), (1 lb) 1.30 €
(506.35 Ft)
0.86 €
(333.54 Ft)
     -34.1 %
Eggs (regular) (12) 3.48 €
(1,353.88 Ft)
2.26 €
(879.25 Ft)
     -35.1 %
Local Cheese (1 lb) 5.51 €
(2,145.67 Ft)
3.96 €
(1,541.94 Ft)
     -28.1 %
Chicken Fillets (1 lb) 6.85 €
(2,667.84 Ft)
2.36 €
(920.23 Ft)
     -65.5 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.62 €
(2,968.32 Ft)
5.26 €
(2,047.37 Ft)
     -31.0 %
Apples (1 lb) 1.09 €
(425.93 Ft)
0.66 €
(256.92 Ft)
     -39.7 %
Banana (1 lb) 0.59 €
(227.86 Ft)
0.77 €
(301.51 Ft)
     +32.3 %
Oranges (1 lb) 0.90 €
(351.74 Ft)
0.82 €
(320.34 Ft)
     -8.9 %
Tomato (1 lb) 1.52 €
(590.66 Ft)
1.27 €
(494.00 Ft)
     -16.4 %
Potato (1 lb) 0.67 €
(260.34 Ft)
0.52 €
(201.28 Ft)
     -22.7 %
Onion (1 lb) 0.70 €
(272.69 Ft)
0.57 €
(220.88 Ft)
     -19.0 %
Lettuce (1 head) 1.77 €
(688.82 Ft)
1.32 €
(512.68 Ft)
     -25.6 %
Water (1.5 liter bottle) 0.68 €
(264.47 Ft)
0.46 €
(177.98 Ft)
     -32.7 %
Bottle of Wine (Mid-Range) 5.00 €
(1,947.05 Ft)
5.14 €
(2,000.00 Ft)
     +2.7 %
Domestic Beer (0.5 liter bottle) 0.84 €
(325.81 Ft)
1.02 €
(398.68 Ft)
     +22.4 %
Imported Beer (12 oz small bottle) 1.49 €
(581.52 Ft)
1.37 €
(535.25 Ft)
     -8.0 %
Cigarettes 20 Pack (Marlboro) 8.20 €
(3,193.16 Ft)
5.65 €
(2,200.00 Ft)
     -31.1 %
Transportation
Cologne Edit Budapest Edit
One-way Ticket (Local Transport) 3.20 €
(1,246.11 Ft)
1.16 €
(450.00 Ft)
     -63.9 %
Monthly Pass (Regular Price) 49.00 €
(19,081.06 Ft)
24.40 €
(9,500.00 Ft)
     -50.2 %
Taxi Start (Normal Tariff) 4.45 €
(1,732.87 Ft)
2.82 €
(1,100.00 Ft)
     -36.5 %
Taxi 1 mile (Normal Tariff) 3.22 €
(1,253.39 Ft)
1.82 €
(708.11 Ft)
     -43.5 %
Taxi 1hour Waiting (Normal Tariff) 30.00 €
(11,682.28 Ft)
16.95 €
(6,600.00 Ft)
     -43.5 %
Gasoline (1 gallon) 6.53 €
(2,543.76 Ft)
6.11 €
(2,381.16 Ft)
     -6.4 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 27,180.00 €
(10,584,144.86 Ft)
26,963.92 €
(10,500,000.00 Ft)
     -0.8 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 25,666.67 €
(9,994,838.78 Ft)
25,610.70 €
(9,973,043.48 Ft)
     -0.2 %
Utilities (Monthly)
Cologne Edit Budapest Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 250.95 €
(97,721.46 Ft)
144.92 €
(56,433.60 Ft)
     -42.3 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 17.00 €
(6,619.96 Ft)
20.92 €
(8,148.14 Ft)
     +23.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 43.75 €
(17,035.58 Ft)
16.46 €
(6,409.29 Ft)
     -62.4 %
Sports And Leisure
Cologne Edit Budapest Edit
Fitness Club, Monthly Fee for 1 Adult 28.44 €
(11,073.83 Ft)
46.47 €
(18,097.50 Ft)
     +63.4 %
Tennis Court Rent (1 Hour on Weekend) 17.17 €
(6,684.86 Ft)
14.28 €
(5,561.54 Ft)
     -16.8 %
Cinema, International Release, 1 Seat 12.00 €
(4,672.91 Ft)
6.93 €
(2,700.00 Ft)
     -42.2 %
Childcare
Cologne Edit Budapest Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 733.33 €
(285,566.82 Ft)
386.37 €
(150,454.55 Ft)
     -47.3 %
International Primary School, Yearly for 1 Child 15,000.00 €
(5,841,139.55 Ft)
9,403.79 €
(3,661,923.68 Ft)
     -37.3 %
Clothing And Shoes
Cologne Edit Budapest Edit
1 Pair of Jeans (Levis 501 Or Similar) 65.87 €
(25,651.85 Ft)
72.01 €
(28,042.62 Ft)
     +9.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 24.72 €
(9,626.63 Ft)
30.05 €
(11,702.70 Ft)
     +21.6 %
1 Pair of Nike Running Shoes (Mid-Range) 71.49 €
(27,840.64 Ft)
85.55 €
(33,314.29 Ft)
     +19.7 %
1 Pair of Men Leather Business Shoes 82.50 €
(32,125.83 Ft)
91.06 €
(35,461.32 Ft)
     +10.4 %
Rent Per Month
Cologne Edit Budapest Edit
Apartment (1 bedroom) in City Centre 931.25 €
(362,637.41 Ft)
586.74 €
(228,481.33 Ft)
     -37.0 %
Apartment (1 bedroom) Outside of Centre 760.00 €
(295,951.07 Ft)
454.88 €
(177,135.48 Ft)
     -40.1 %
Apartment (3 bedrooms) in City Centre 1,849.58 €
(720,244.96 Ft)
1,034.07 €
(402,675.95 Ft)
     -44.1 %
Apartment (3 bedrooms) Outside of Centre 1,239.09 €
(482,513.53 Ft)
759.62 €
(295,804.69 Ft)
     -38.7 %
Buy Apartment Price
Cologne Edit Budapest Edit
Price per Square Feet to Buy Apartment in City Centre 419.72 €
(163,442.55 Ft)
329.97 €
(128,495.19 Ft)
     -21.4 %
Price per Square Feet to Buy Apartment Outside of Centre 261.87 €
(101,973.94 Ft)
226.19 €
(88,080.20 Ft)
     -13.6 %
Salaries And Financing
Cologne Edit Budapest Edit
Average Monthly Net Salary (After Tax) 2,990.52 €
(1,164,536.31 Ft)
1,083.58 €
(421,955.18 Ft)
     -63.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.59 9.16      +155.1 %
Last update: May 2024May 2024
Contributors in the past 12 months:105670