Cost of Living in Budapest
Stunning architecture and thermal baths; a top choice for nomads due to its beauty, affordability, and central location.
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£1,351
Average cost per month
Distribution of Expenses
Thermal baths & ruin bars
Danube views & historic bridges
IT outsourcing; great value
Cost of living breakdown for Budapest
You can expect to spend around £1,351 per month for 1 person as of 2026, on common living costs such as housing, food, and transport.
Housing
Standard of Living
Food & Drink
Budapest average costs for food and drink.
Salary & Services
Budapest average salaries and services.
Average living costs in Hungary
| Item | Average price | Price range |
|---|---|---|
| 1 Bedroom Apartment in City CentreRent Per Month | £673.83 | £572.84 - £787.66 |
| 1 Bedroom Apartment Outside of CentreRent Per Month | £512.14 | £453.50 - £604.39 |
| 3 Bedroom Apartment in City CentreRent Per Month | £1,258.74 | £1,036.08 - £1,670.80 |
| 3 Bedroom Apartment Outside of CentreRent Per Month | £959.72 | £716.06 - £1,265.04 |
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Cities in Hungary
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Frequently asked questions
The cost of living in Budapest depends on your lifestyle. On average, a single person needs £677 per month without rent, while a family of four requires £2,387. Renting a 1-bedroom apartment in the city centre costs an additional £674 on average.
Public transport prices vary, but generally, a one-way ticket for local transport in Budapest costs £1. If you are commuting regularly, a monthly pass is typically priced at £21.
The average monthly net salary (after tax) in Budapest is currently £1,283.
Dining costs depend on your choices. A meal at an inexpensive restaurant in Budapest costs approximately £10, while a three-course meal for two people at a mid-range restaurant costs around £51.
The estimated monthly cost of living in Budapest for a single person is £677, excluding rent.
For a family of four living in Budapest, the estimated monthly costs are £2,387, not including rent.
Rent prices in Budapest depend on the area. The average monthly rent for a 1-bedroom apartment in the city centre is £674, compared to £512 outside the centre. For a 3-bedroom apartment, the average is £1,259 in the centre and £960 in suburban areas.
Basic utilities in Budapest (including electricity, heating, cooling, water, and garbage for an 85m² apartment) cost an average of £120 per month. Internet access typically adds another £18.