Cost of Living Comparison Between Budapest and Madrid 

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Indices DifferenceInfo
Cost of Living in Madrid is 18.1% higher than in Budapest (without rent)
Cost of Living Including Rent in Madrid is 40.0% higher than in Budapest
Rent Prices in Madrid are 111.0% higher than in Budapest
Restaurant Prices in Madrid are 30.1% higher than in Budapest
Groceries Prices in Madrid are 22.4% higher than in Budapest
Local Purchasing Power in Madrid is 51.1% higher than in Budapest
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Budapest Edit Madrid Edit Difference
Meal, Inexpensive Restaurant 4,000.00 Ft
(10.37 €)
5,788.59 Ft
(15.00 €)
     +44.7 %
Meal for 2 People, Mid-range Restaurant, Three-course 20,000.00 Ft
(51.83 €)
23,154.35 Ft
(60.00 €)
     +15.8 %
McMeal at McDonalds (or Equivalent Combo Meal) 3,000.00 Ft
(7.77 €)
3,859.06 Ft
(10.00 €)
     +28.6 %
Domestic Beer (1 pint draught) 1,000.00 Ft
(2.59 €)
1,350.67 Ft
(3.50 €)
     +35.1 %
Imported Beer (12 oz small bottle) 1,000.00 Ft
(2.59 €)
1,543.62 Ft
(4.00 €)
     +54.4 %
Cappuccino (regular) 834.78 Ft
(2.16 €)
931.65 Ft
(2.41 €)
     +11.6 %
Coke/Pepsi (12 oz small bottle) 585.66 Ft
(1.52 €)
964.24 Ft
(2.50 €)
     +64.6 %
Water (12 oz small bottle) 447.00 Ft
(1.16 €)
641.44 Ft
(1.66 €)
     +43.5 %
Markets
Budapest Edit Madrid Edit
Milk (regular), (1 gallon) 1,480.64 Ft
(3.84 €)
1,548.83 Ft
(4.01 €)
     +4.6 %
Loaf of Fresh White Bread (1 lb) 510.96 Ft
(1.32 €)
553.14 Ft
(1.43 €)
     +8.3 %
Rice (white), (1 lb) 342.23 Ft
(0.89 €)
258.94 Ft
(0.67 €)
     -24.3 %
Eggs (regular) (12) 885.74 Ft
(2.30 €)
1,074.89 Ft
(2.79 €)
     +21.4 %
Local Cheese (1 lb) 1,555.47 Ft
(4.03 €)
2,479.16 Ft
(6.42 €)
     +59.4 %
Chicken Fillets (1 lb) 915.70 Ft
(2.37 €)
1,380.92 Ft
(3.58 €)
     +50.8 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 2,020.40 Ft
(5.24 €)
2,520.90 Ft
(6.53 €)
     +24.8 %
Apples (1 lb) 257.27 Ft
(0.67 €)
404.86 Ft
(1.05 €)
     +57.4 %
Banana (1 lb) 301.22 Ft
(0.78 €)
318.32 Ft
(0.82 €)
     +5.7 %
Oranges (1 lb) 319.10 Ft
(0.83 €)
344.59 Ft
(0.89 €)
     +8.0 %
Tomato (1 lb) 499.77 Ft
(1.30 €)
400.31 Ft
(1.04 €)
     -19.9 %
Potato (1 lb) 201.84 Ft
(0.52 €)
258.27 Ft
(0.67 €)
     +28.0 %
Onion (1 lb) 220.73 Ft
(0.57 €)
273.74 Ft
(0.71 €)
     +24.0 %
Lettuce (1 head) 523.02 Ft
(1.36 €)
470.81 Ft
(1.22 €)
     -10.0 %
Water (1.5 liter bottle) 179.17 Ft
(0.46 €)
348.40 Ft
(0.90 €)
     +94.5 %
Bottle of Wine (Mid-Range) 2,000.00 Ft
(5.18 €)
2,315.43 Ft
(6.00 €)
     +15.8 %
Domestic Beer (0.5 liter bottle) 399.82 Ft
(1.04 €)
473.54 Ft
(1.23 €)
     +18.4 %
Imported Beer (12 oz small bottle) 535.95 Ft
(1.39 €)
719.63 Ft
(1.86 €)
     +34.3 %
Cigarettes 20 Pack (Marlboro) 2,200.00 Ft
(5.70 €)
2,180.37 Ft
(5.65 €)
     -0.9 %
Transportation
Budapest Edit Madrid Edit
One-way Ticket (Local Transport) 450.00 Ft
(1.17 €)
578.86 Ft
(1.50 €)
     +28.6 %
Monthly Pass (Regular Price) 9,500.00 Ft
(24.62 €)
20,067.10 Ft
(52.00 €)
     +111.2 %
Taxi Start (Normal Tariff) 1,100.00 Ft
(2.85 €)
1,205.96 Ft
(3.12 €)
     +9.6 %
Taxi 1 mile (Normal Tariff) 708.11 Ft
(1.83 €)
807.37 Ft
(2.09 €)
     +14.0 %
Taxi 1hour Waiting (Normal Tariff) 6,600.00 Ft
(17.10 €)
8,586.40 Ft
(22.25 €)
     +30.1 %
Gasoline (1 gallon) 2,387.81 Ft
(6.19 €)
2,417.22 Ft
(6.26 €)
     +1.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 11,000,000.00 Ft
(28,504.37 €)
12,875,746.58 Ft
(33,365.00 €)
     +17.1 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 10,078,333.33 Ft
(26,116.05 €)
10,658,616.28 Ft
(27,619.74 €)
     +5.8 %
Utilities (Monthly)
Budapest Edit Madrid Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 56,975.95 Ft
(147.64 €)
57,032.14 Ft
(147.79 €)
     +0.1 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 8,312.39 Ft
(21.54 €)
5,917.98 Ft
(15.34 €)
     -28.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 6,308.86 Ft
(16.35 €)
11,753.48 Ft
(30.46 €)
     +86.3 %
Sports And Leisure
Budapest Edit Madrid Edit
Fitness Club, Monthly Fee for 1 Adult 18,402.14 Ft
(47.69 €)
17,224.58 Ft
(44.63 €)
     -6.4 %
Tennis Court Rent (1 Hour on Weekend) 5,503.85 Ft
(14.26 €)
5,104.06 Ft
(13.23 €)
     -7.3 %
Cinema, International Release, 1 Seat 2,850.00 Ft
(7.39 €)
3,859.06 Ft
(10.00 €)
     +35.4 %
Childcare
Budapest Edit Madrid Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 155,454.55 Ft
(402.83 €)
193,570.34 Ft
(501.60 €)
     +24.5 %
International Primary School, Yearly for 1 Child 3,787,167.93 Ft
(9,813.71 €)
3,555,846.18 Ft
(9,214.29 €)
     -6.1 %
Clothing And Shoes
Budapest Edit Madrid Edit
1 Pair of Jeans (Levis 501 Or Similar) 28,343.72 Ft
(73.45 €)
30,017.21 Ft
(77.78 €)
     +5.9 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 12,076.67 Ft
(31.29 €)
12,178.62 Ft
(31.56 €)
     +0.8 %
1 Pair of Nike Running Shoes (Mid-Range) 32,909.09 Ft
(85.28 €)
31,161.89 Ft
(80.75 €)
     -5.3 %
1 Pair of Men Leather Business Shoes 35,588.25 Ft
(92.22 €)
35,609.79 Ft
(92.28 €)
     +0.1 %
Rent Per Month
Budapest Edit Madrid Edit
Apartment (1 bedroom) in City Centre 228,064.87 Ft
(590.99 €)
495,647.74 Ft
(1,284.38 €)
     +117.3 %
Apartment (1 bedroom) Outside of Centre 177,335.82 Ft
(459.53 €)
359,321.17 Ft
(931.11 €)
     +102.6 %
Apartment (3 bedrooms) in City Centre 401,822.39 Ft
(1,041.24 €)
854,218.54 Ft
(2,213.54 €)
     +112.6 %
Apartment (3 bedrooms) Outside of Centre 295,254.35 Ft
(765.09 €)
614,756.89 Ft
(1,593.02 €)
     +108.2 %
Buy Apartment Price
Budapest Edit Madrid Edit
Price per Square Feet to Buy Apartment in City Centre 129,645.90 Ft
(335.95 €)
170,144.15 Ft
(440.90 €)
     +31.2 %
Price per Square Feet to Buy Apartment Outside of Centre 88,932.81 Ft
(230.45 €)
98,604.49 Ft
(255.51 €)
     +10.9 %
Salaries And Financing
Budapest Edit Madrid Edit
Average Monthly Net Salary (After Tax) 420,842.38 Ft
(1,090.53 €)
890,065.78 Ft
(2,306.43 €)
     +111.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.96 2.80      -68.8 %
Last update: May 2024May 2024
Contributors in the past 12 months:655523