Cost of Living Comparison Between Madrid and Budapest 
| Indices Difference |  |
|---|---|
| Cost of Living in Budapest is 15.2% lower than in Madrid (without rent) | |
| Cost of Living Including Rent in Budapest is 28.6% lower than in Madrid | |
| Rent Prices in Budapest are 52.7% lower than in Madrid | |
| Restaurant Prices in Budapest are 23.1% lower than in Madrid | |
| Groceries Prices in Budapest are 18.2% lower than in Madrid | |
| Local Purchasing Power in Budapest is 33.9% lower than in Madrid | |
Restaurants | Madrid Edit |
Budapest Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.00 € (5,788.59 Ft) |
10.37 € (4,000.00 Ft) |
-30.9 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
60.00 € (23,154.35 Ft) |
51.83 € (20,000.00 Ft) |
-13.6 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
10.00 € (3,859.06 Ft) |
7.77 € (3,000.00 Ft) |
-22.3 % |
| Domestic Beer (1 pint draught) |
3.50 € (1,350.67 Ft) |
2.59 € (1,000.00 Ft) |
-26.0 % |
| Imported Beer (12 oz small bottle) |
4.00 € (1,543.62 Ft) |
2.59 € (1,000.00 Ft) |
-35.2 % |
| Cappuccino (regular) |
2.41 € (931.65 Ft) |
2.16 € (834.77 Ft) |
-10.4 % |
| Coke/Pepsi (12 oz small bottle) |
2.51 € (969.33 Ft) |
1.52 € (585.65 Ft) |
-39.6 % |
| Water (12 oz small bottle) |
1.64 € (634.71 Ft) |
1.16 € (447.00 Ft) |
-29.6 % |
Markets | Madrid Edit |
Budapest Edit | |
| Milk (regular), (1 gallon) |
4.01 € (1,548.83 Ft) |
3.84 € (1,480.64 Ft) |
-4.4 % |
| Loaf of Fresh White Bread (1 lb) |
1.43 € (553.14 Ft) |
1.32 € (510.96 Ft) |
-7.6 % |
| Rice (white), (1 lb) |
0.67 € (258.94 Ft) |
0.89 € (342.23 Ft) |
+32.2 % |
| Eggs (regular) (12) |
2.79 € (1,074.89 Ft) |
2.30 € (885.74 Ft) |
-17.6 % |
| Local Cheese (1 lb) |
6.42 € (2,479.16 Ft) |
4.03 € (1,555.47 Ft) |
-37.3 % |
| Chicken Fillets (1 lb) |
3.58 € (1,380.92 Ft) |
2.37 € (915.70 Ft) |
-33.7 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
6.53 € (2,520.90 Ft) |
5.24 € (2,020.37 Ft) |
-19.9 % |
| Apples (1 lb) |
1.05 € (404.86 Ft) |
0.67 € (257.27 Ft) |
-36.5 % |
| Banana (1 lb) |
0.82 € (318.32 Ft) |
0.78 € (301.22 Ft) |
-5.4 % |
| Oranges (1 lb) |
0.89 € (344.59 Ft) |
0.83 € (319.10 Ft) |
-7.4 % |
| Tomato (1 lb) |
1.04 € (400.31 Ft) |
1.30 € (499.77 Ft) |
+24.8 % |
| Potato (1 lb) |
0.67 € (258.27 Ft) |
0.52 € (201.84 Ft) |
-21.8 % |
| Onion (1 lb) |
0.71 € (273.74 Ft) |
0.57 € (220.73 Ft) |
-19.4 % |
| Lettuce (1 head) |
1.22 € (470.81 Ft) |
1.36 € (523.01 Ft) |
+11.1 % |
| Water (1.5 liter bottle) |
0.90 € (348.40 Ft) |
0.46 € (179.17 Ft) |
-48.6 % |
| Bottle of Wine (Mid-Range) |
6.00 € (2,315.43 Ft) |
5.18 € (2,000.00 Ft) |
-13.6 % |
| Domestic Beer (0.5 liter bottle) |
1.23 € (473.54 Ft) |
1.04 € (399.82 Ft) |
-15.6 % |
| Imported Beer (12 oz small bottle) |
1.86 € (719.63 Ft) |
1.39 € (535.95 Ft) |
-25.5 % |
| Cigarettes 20 Pack (Marlboro) |
5.65 € (2,180.37 Ft) |
5.70 € (2,200.00 Ft) |
+0.9 % |
Transportation | Madrid Edit |
Budapest Edit | |
| One-way Ticket (Local Transport) |
1.50 € (578.86 Ft) |
1.17 € (450.00 Ft) |
-22.3 % |
| Monthly Pass (Regular Price) |
52.00 € (20,067.10 Ft) |
24.62 € (9,500.00 Ft) |
-52.7 % |
| Taxi Start (Normal Tariff) |
3.12 € (1,205.96 Ft) |
2.85 € (1,100.00 Ft) |
-8.8 % |
| Taxi 1 mile (Normal Tariff) |
2.09 € (807.37 Ft) |
1.83 € (708.11 Ft) |
-12.3 % |
| Taxi 1hour Waiting (Normal Tariff) |
22.25 € (8,586.40 Ft) |
17.10 € (6,600.00 Ft) |
-23.1 % |
| Gasoline (1 gallon) |
6.26 € (2,417.22 Ft) |
6.19 € (2,387.81 Ft) |
-1.2 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,365.00 € (12,875,746.58 Ft) |
28,504.37 € (11,000,000.00 Ft) |
-14.6 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,619.74 € (10,658,616.28 Ft) |
26,116.05 € (10,078,333.33 Ft) |
-5.4 % |
Utilities (Monthly) | Madrid Edit |
Budapest Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
147.79 € (57,032.14 Ft) |
147.64 € (56,975.95 Ft) |
-0.1 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.34 € (5,917.98 Ft) |
21.54 € (8,312.39 Ft) |
+40.5 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
30.46 € (11,753.48 Ft) |
16.35 € (6,308.86 Ft) |
-46.3 % |
Sports And Leisure | Madrid Edit |
Budapest Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
44.63 € (17,224.58 Ft) |
47.69 € (18,402.14 Ft) |
+6.8 % |
| Tennis Court Rent (1 Hour on Weekend) |
13.23 € (5,104.06 Ft) |
14.26 € (5,503.85 Ft) |
+7.8 % |
| Cinema, International Release, 1 Seat |
10.00 € (3,859.06 Ft) |
7.39 € (2,850.00 Ft) |
-26.1 % |
Childcare | Madrid Edit |
Budapest Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
501.60 € (193,570.34 Ft) |
402.83 € (155,454.55 Ft) |
-19.7 % |
| International Primary School, Yearly for 1 Child |
9,214.29 € (3,555,846.18 Ft) |
9,813.60 € (3,787,126.15 Ft) |
+6.5 % |
Clothing And Shoes | Madrid Edit |
Budapest Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
77.78 € (30,017.21 Ft) |
73.45 € (28,343.72 Ft) |
-5.6 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
31.56 € (12,178.62 Ft) |
31.29 € (12,076.67 Ft) |
-0.8 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
80.75 € (31,161.89 Ft) |
85.28 € (32,909.09 Ft) |
+5.6 % |
| 1 Pair of Men Leather Business Shoes |
92.28 € (35,609.79 Ft) |
92.22 € (35,588.25 Ft) |
-0.1 % |
Rent Per Month | Madrid Edit |
Budapest Edit | |
| Apartment (1 bedroom) in City Centre |
1,290.82 € (498,133.49 Ft) |
590.97 € (228,058.90 Ft) |
-54.2 % |
| Apartment (1 bedroom) Outside of Centre |
936.96 € (361,576.94 Ft) |
459.53 € (177,334.01 Ft) |
-51.0 % |
| Apartment (3 bedrooms) in City Centre |
2,219.39 € (856,474.58 Ft) |
1,041.23 € (401,815.25 Ft) |
-53.1 % |
| Apartment (3 bedrooms) Outside of Centre |
1,597.73 € (616,572.20 Ft) |
765.08 € (295,250.37 Ft) |
-52.1 % |
Buy Apartment Price | Madrid Edit |
Budapest Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
440.90 € (170,144.15 Ft) |
335.95 € (129,643.30 Ft) |
-23.8 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
255.51 € (98,604.49 Ft) |
230.45 € (88,932.81 Ft) |
-9.8 % |
Salaries And Financing | Madrid Edit |
Budapest Edit | |
| Average Monthly Net Salary (After Tax) |
2,309.16 € (891,118.25 Ft) |
1,090.53 € (420,842.38 Ft) |
-52.8 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 2.80 | 8.96 | +220.4 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 523 | 657 |
Moving to Madrid? Explore:
Moving to Budapest? Explore:
Cities near Madrid: | Cost of Living in Pozuelo de Alarcon | 8.64 miles |
| Cost of Living in Getafe | 9.04 miles |
| Cost of Living in Coslada | 9.17 miles |
| Cost of Living in La Moraleja | 11.07 miles |
| Cost of Living in Rivas-Vaciamadrid | 12.79 miles |
| Cost of Living in Fuenlabrada | 15.28 miles |
| Cost of Living in Mostoles | 15.34 miles |
| Cost of Living in Alcala de Henares | 20.54 miles |
| Cost of Living in Soto del Real | 26.90 miles |
| Cost of Living in Aranjuez | 30.41 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 |