Budapest, Hungary
Cost of living · 2024 · Europe · Rent +6.4% vs 2023
Rent trend in Budapest (2022–2026)
Cost breakdown in Budapest (2024)
Estimated monthly budget in Budapest
Based on 2024 data. Includes rent, groceries, transport, utilities and occasional dining out.
Cost comparison — cities in Hungary (2024)
| City | 1-Bed Rent | Groceries | Transport | Utilities | vs Budapest |
|---|---|---|---|---|---|
| Budapest | HUF 225,000 | HUF 82,000 | HUF 9,800 | HUF 36,000 | — |
| Debrecen | HUF 150,000 | HUF 65,000 | HUF 8,500 | HUF 28,000 | -33.3% |
Other Europe cities (2024)
Frequently asked questions
What is the cost of living in Budapest in 2024?
In 2024, a single person living in Budapest needs approximately HUF 386,400/month, covering rent, groceries, transport and utilities. A family of 3–4 typically spends around HUF 711,800/month. Budapest is considered a relatively expensive city by global standards.
How much is rent in Budapest in 2024?
A 1-bedroom apartment in Budapest costs approximately HUF 225,000/month in 2024. A 3-bedroom apartment runs around HUF 390,000/month. Rent has changed +6.4% vs 2023.
How much do groceries cost in Budapest?
Monthly grocery costs for one person in Budapest are approximately HUF 82,000 in 2024. 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 9,800 in 2024, covering unlimited bus, metro and tram travel within the city.
How much are utilities in Budapest?
Monthly utility costs in Budapest average HUF 36,000 in 2024, 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 225,000/month and total single-person expenses around HUF 386,400/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 4,200 in 2024. Budget around HUF 33,600/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 2024, a single person needs approximately HUF 386,400/month. This covers rent (HUF 225,000), groceries (HUF 82,000), transport (HUF 9,800), utilities (HUF 36,000) and dining out occasionally. A family of 3–4 should budget around HUF 711,800/month.