Cost of Living Comparison Between Munich and Budapest 
| Indices Difference |  |
|---|---|
| Consumer Prices in Budapest are 31.3% lower than in Munich (without rent) | |
| Consumer Prices Including Rent in Budapest are 41.5% lower than in Munich | |
| Rent Prices in Budapest are 60.5% lower than in Munich | |
| Restaurant Prices in Budapest are 33.8% lower than in Munich | |
| Groceries Prices in Budapest are 32.1% lower than in Munich | |
| Local Purchasing Power in Budapest is 47.1% lower than in Munich | |
Restaurants | Munich Edit |
Budapest Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.00 € (5,841.44 Ft) |
10.27 € (4,000.00 Ft) |
-31.5 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
75.00 € (29,207.21 Ft) |
51.36 € (20,000.00 Ft) |
-31.5 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
10.50 € (4,089.01 Ft) |
7.70 € (3,000.00 Ft) |
-26.6 % |
| Domestic Beer (1 pint draught) |
4.50 € (1,752.43 Ft) |
2.57 € (1,000.00 Ft) |
-42.9 % |
| Imported Beer (12 oz small bottle) |
4.50 € (1,752.43 Ft) |
2.57 € (1,000.00 Ft) |
-42.9 % |
| Cappuccino (regular) |
3.72 € (1,448.91 Ft) |
2.15 € (835.76 Ft) |
-42.3 % |
| Coke/Pepsi (12 oz small bottle) |
3.16 € (1,232.11 Ft) |
1.52 € (590.47 Ft) |
-52.1 % |
| Water (12 oz small bottle) |
2.68 € (1,042.02 Ft) |
1.15 € (448.36 Ft) |
-57.0 % |
Markets | Munich Edit |
Budapest Edit | |
| Milk (regular), (1 gallon) |
4.38 € (1,705.20 Ft) |
3.76 € (1,463.51 Ft) |
-14.2 % |
| Loaf of Fresh White Bread (1 lb) |
2.11 € (820.91 Ft) |
1.30 € (508.20 Ft) |
-38.1 % |
| Rice (white), (1 lb) |
1.20 € (467.60 Ft) |
0.87 € (338.64 Ft) |
-27.6 % |
| Eggs (regular) (12) |
3.16 € (1,232.05 Ft) |
2.28 € (886.46 Ft) |
-28.1 % |
| Local Cheese (1 lb) |
5.82 € (2,268.20 Ft) |
3.99 € (1,555.47 Ft) |
-31.4 % |
| Chicken Fillets (1 lb) |
5.70 € (2,218.54 Ft) |
2.35 € (915.87 Ft) |
-58.7 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
7.31 € (2,847.69 Ft) |
5.20 € (2,026.00 Ft) |
-28.9 % |
| Apples (1 lb) |
1.23 € (479.34 Ft) |
0.66 € (257.27 Ft) |
-46.3 % |
| Banana (1 lb) |
0.70 € (273.11 Ft) |
0.77 € (301.22 Ft) |
+10.3 % |
| Oranges (1 lb) |
1.04 € (406.85 Ft) |
0.82 € (319.10 Ft) |
-21.6 % |
| Tomato (1 lb) |
1.40 € (545.72 Ft) |
1.27 € (494.00 Ft) |
-9.5 % |
| Potato (1 lb) |
0.74 € (287.10 Ft) |
0.52 € (201.84 Ft) |
-29.7 % |
| Onion (1 lb) |
0.79 € (306.81 Ft) |
0.57 € (220.73 Ft) |
-28.1 % |
| Lettuce (1 head) |
1.80 € (701.60 Ft) |
1.34 € (523.42 Ft) |
-25.4 % |
| Water (1.5 liter bottle) |
0.86 € (335.40 Ft) |
0.46 € (179.17 Ft) |
-46.6 % |
| Bottle of Wine (Mid-Range) |
5.99 € (2,332.68 Ft) |
5.14 € (2,000.00 Ft) |
-14.3 % |
| Domestic Beer (0.5 liter bottle) |
0.95 € (369.24 Ft) |
1.02 € (398.71 Ft) |
+8.0 % |
| Imported Beer (12 oz small bottle) |
1.60 € (622.04 Ft) |
1.38 € (535.95 Ft) |
-13.8 % |
| Cigarettes 20 Pack (Marlboro) |
8.20 € (3,193.32 Ft) |
5.65 € (2,200.00 Ft) |
-31.1 % |
Transportation | Munich Edit |
Budapest Edit | |
| One-way Ticket (Local Transport) |
3.70 € (1,440.89 Ft) |
1.16 € (450.00 Ft) |
-68.8 % |
| Monthly Pass (Regular Price) |
49.00 € (19,082.04 Ft) |
24.39 € (9,500.00 Ft) |
-50.2 % |
| Taxi Start (Normal Tariff) |
5.50 € (2,141.86 Ft) |
2.82 € (1,100.00 Ft) |
-48.6 % |
| Taxi 1 mile (Normal Tariff) |
3.70 € (1,441.47 Ft) |
1.82 € (708.11 Ft) |
-50.9 % |
| Taxi 1hour Waiting (Normal Tariff) |
36.00 € (14,019.46 Ft) |
16.95 € (6,600.00 Ft) |
-52.9 % |
| Gasoline (1 gallon) |
6.91 € (2,689.89 Ft) |
6.12 € (2,385.20 Ft) |
-11.3 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
27,180.00 € (10,584,692.13 Ft) |
28,246.45 € (11,000,000.00 Ft) |
+3.9 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,625.00 € (10,757,988.23 Ft) |
25,879.74 € (10,078,333.33 Ft) |
-6.3 % |
Utilities (Monthly) | Munich Edit |
Budapest Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
283.00 € (110,207.67 Ft) |
145.12 € (56,514.65 Ft) |
-48.7 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
20.14 € (7,843.31 Ft) |
21.02 € (8,186.00 Ft) |
+4.4 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
36.93 € (14,380.60 Ft) |
16.28 € (6,339.30 Ft) |
-55.9 % |
Sports And Leisure | Munich Edit |
Budapest Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
44.83 € (17,459.33 Ft) |
46.28 € (18,021.95 Ft) |
+3.2 % |
| Tennis Court Rent (1 Hour on Weekend) |
26.19 € (10,198.18 Ft) |
14.08 € (5,484.00 Ft) |
-46.2 % |
| Cinema, International Release, 1 Seat |
13.00 € (5,062.58 Ft) |
7.32 € (2,850.00 Ft) |
-43.7 % |
Childcare | Munich Edit |
Budapest Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
837.41 € (326,111.10 Ft) |
385.18 € (150,000.00 Ft) |
-54.0 % |
| International Primary School, Yearly for 1 Child |
14,575.00 € (5,675,934.06 Ft) |
9,730.15 € (3,789,208.30 Ft) |
-33.2 % |
Clothing And Shoes | Munich Edit |
Budapest Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
83.42 € (32,485.83 Ft) |
72.96 € (28,413.72 Ft) |
-12.5 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
32.87 € (12,798.75 Ft) |
30.75 € (11,974.36 Ft) |
-6.4 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
82.44 € (32,103.59 Ft) |
84.98 € (33,093.02 Ft) |
+3.1 % |
| 1 Pair of Men Leather Business Shoes |
110.78 € (43,142.01 Ft) |
91.39 € (35,588.25 Ft) |
-17.5 % |
Rent Per Month | Munich Edit |
Budapest Edit | |
| Apartment (1 bedroom) in City Centre |
1,465.70 € (570,788.50 Ft) |
586.40 € (228,361.79 Ft) |
-60.0 % |
| Apartment (1 bedroom) Outside of Centre |
1,152.48 € (448,809.31 Ft) |
455.26 € (177,292.07 Ft) |
-60.5 % |
| Apartment (3 bedrooms) in City Centre |
2,503.26 € (974,841.50 Ft) |
1,027.26 € (400,043.78 Ft) |
-59.0 % |
| Apartment (3 bedrooms) Outside of Centre |
2,031.58 € (791,156.65 Ft) |
755.82 € (294,338.60 Ft) |
-62.8 % |
Buy Apartment Price | Munich Edit |
Budapest Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
947.64 € (369,037.03 Ft) |
332.47 € (129,471.75 Ft) |
-64.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
698.05 € (271,840.60 Ft) |
227.02 € (88,408.39 Ft) |
-67.5 % |
Salaries And Financing | Munich Edit |
Budapest Edit | |
| Average Monthly Net Salary (After Tax) |
3,518.63 € (1,370,257.11 Ft) |
1,087.86 € (423,643.22 Ft) |
-69.1 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.40 | 8.96 | +163.3 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 439 | 647 |
Moving to Munich? Explore:
Moving to Budapest? Explore:
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 |