Budapest, Hungary
Cost of living · 2023 · Europe · Rent +6.8% vs 2022
Rent trend in Budapest (2022–2026)
Cost breakdown in Budapest (2023)
Estimated monthly budget in Budapest
Based on 2023 data. Includes rent, groceries, transport, utilities and occasional dining out.
Cost comparison — cities in Hungary (2023)
| City | 1-Bed Rent | Groceries | Transport | Utilities | vs Budapest |
|---|---|---|---|---|---|
| Budapest | HUF 211,500 | HUF 77,080 | HUF 9,212 | HUF 33,840 | — |
| Debrecen | HUF 141,000 | HUF 61,100 | HUF 7,990 | HUF 26,320 | -33.3% |
Frequently asked questions
What is the cost of living in Budapest in 2023?
In 2023, a single person living in Budapest needs approximately HUF 363,216/month, covering rent, groceries, transport and utilities. A family of 3–4 typically spends around HUF 669,092/month. Budapest is considered a relatively expensive city by global standards.
How much is rent in Budapest in 2023?
A 1-bedroom apartment in Budapest costs approximately HUF 211,500/month in 2023. A 3-bedroom apartment runs around HUF 366,600/month. Rent has changed +6.8% vs 2022.
How much do groceries cost in Budapest?
Monthly grocery costs for one person in Budapest are approximately HUF 77,080 in 2023. This covers basic supermarket shopping including food and household essentials.
What does public transport cost in Budapest?
A monthly public transport pass in Budapest costs HUF 9,212 in 2023, covering unlimited bus, metro and tram travel within the city.
How much are utilities in Budapest?
Monthly utility costs in Budapest average HUF 33,840 in 2023, covering electricity, heating/cooling, water and internet for a standard apartment.
Is Budapest expensive to live in?
Budapest is located in Hungary (Europe). With a 1-bed rent of HUF 211,500/month and total single-person expenses around HUF 363,216/month, it is relatively expensive by global standards.
How much does eating out cost in Budapest?
A typical restaurant meal for one person in Budapest costs approximately HUF 3,948 in 2023. Budget around HUF 31,584/month if dining out a few times a week.
How have living costs in Budapest changed over time?
LifeIndexed tracks cost of living data for Budapest from 2022 to 2026. 1-bed rent has increased by 28.5% over this period (from HUF 198,000 in 2022 to HUF 254,453 in 2026). Use the year tabs above to compare costs across years.
What is the monthly budget needed to live comfortably in Budapest?
To live comfortably in Budapest in 2023, a single person needs approximately HUF 363,216/month. This covers rent (HUF 211,500), groceries (HUF 77,080), transport (HUF 9,212), utilities (HUF 33,840) and dining out occasionally. A family of 3–4 should budget around HUF 669,092/month.