Cost of living in Budapest (Hungary) is 45% cheaper than in Munich (Germany)
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This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 699 prices entered by 117 different people.
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Food | - 43% | |||
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Food in Budapest (Hungary) is 43% cheaper than in Munich (Germany) | ||||
Update prices | Update prices | |||
Budapest | Munich | Diff | ||
Basic lunchtime menu (including a drink) in the business district | 3,890 Ft (€9) | €18 | - 48% | |
Combo meal in fast food restaurant (big mac meal or similar) | 2,970 Ft (€7) | €13 | - 45% | |
500 gr (1 lb.) of boneless chicken breast | 1,240 Ft (€3.00) | €6 | - 54% | |
1 liter (1 qt.) of whole fat milk | 422 Ft (€1.02) | €1.32 | - 22% | |
12 eggs, large | 1,179 Ft (€2.85) | €4.39 | - 35% | |
1 kg (2 lb.) of tomatoes | 965 Ft (€2.34) | €3.31 | - 29% | |
500 gr (16 oz.) of local cheese | 2,047 Ft (€4.96) | €6 | - 19% | |
1 kg (2 lb.) of apples | 589 Ft (€1.43) | €2.59 | - 45% | |
1 kg (2 lb.) of potatoes | 361 Ft (€0.87) | €1.62 | - 46% | |
0.5 l (16 oz) domestic beer in the supermarket | 375 Ft (€0.91) | €1.07 | - 15% | |
1 bottle of red table wine, good quality | 3,198 Ft (€8) | €7 | + 6% | |
2 liters of coca-cola | 753 Ft (€1.82) | €1.84 | - 1% | |
Bread for 2 people for 1 day | 346 Ft (€0.84) | €2.72 | - 69% | |
Housing | - 56% | |||
Housing in Budapest (Hungary) is 56% cheaper than in Munich (Germany) | ||||
Update prices | Update prices | |||
Budapest | Munich | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 440,970 Ft (€1,068) | €2,520 | - 58% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 338,233 Ft (€819) | €1,836 | - 55% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 51,706 Ft (€125) | €282 | - 56% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 250,129 Ft (€606) | €1,545 | - 61% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 199,016 Ft (€482) | €1,124 | - 57% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 32,028 Ft (€78) | €164 | - 53% | |
Internet 8 mbps (1 month) | 6,358 Ft (€15) | €38 | - 60% | |
40” flat screen tv | 129,933 Ft (€315) | €434 | - 27% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 36,781 Ft (€89) | €114 | - 22% | |
Laundry detergent (3 l. ~ 100 oz.) | 5,117 Ft (€12) | €8 | + 61% | |
Hourly rate for cleaning help | 3,474 Ft (€8) | €19 | - 55% | |
Clothes | - 25% | |||
Clothes in Budapest (Hungary) is 25% cheaper than in Munich (Germany) | ||||
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Budapest | Munich | Diff | ||
1 pair of jeans (levis 501 or similar) | 26,392 Ft (€64) | €96 | - 33% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | 12,381 Ft (€30) | €37 | - 18% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | 31,970 Ft (€77) | €101 | - 23% | |
1 pair of men’s leather business shoes | 41,687 Ft (€101) | €142 | - 29% | |
Transportation | - 43% | |||
Transportation in Budapest (Hungary) is 43% cheaper than in Munich (Germany) | ||||
Update prices | Update prices | |||
Budapest | Munich | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 9,737,730 Ft (€23,574) | €28,374 | - 17% | |
1 liter (1/4 gallon) of gas | 626 Ft (€1.51) | €1.82 | - 17% | |
Monthly ticket public transport | 9,156 Ft (€22) | €54 | - 59% | |
Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 4,566 Ft (€11) | €21 | - 47% | |
Personal Care | - 8% | |||
Personal Care in Budapest (Hungary) is 8% cheaper than in Munich (Germany) | ||||
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Budapest | Munich | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 3,153 Ft (€8) | €7 | + 7% | |
1 box of antibiotics (12 doses) | 3,795 Ft (€9) | €10 | - 4% | |
Short visit to private doctor (15 minutes) | 19,478 Ft (€47) | €69 | - 32% | |
1 box of 32 tampons (tampax, ob, ...) | 2,072 Ft (€5.02) | €4.00 | + 25% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | 1,030 Ft (€2.49) | €2.31 | + 8% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 1,684 Ft (€4.08) | €3.20 | + 27% | |
4 rolls of toilet paper | 836 Ft (€2.02) | €1.83 | + 11% | |
Tube of toothpaste | 1,102 Ft (€2.67) | €1.35 | + 97% | |
Standard men's haircut in expat area of the city | 5,715 Ft (€14) | €26 | - 48% | |
Entertainment | - 38% | |||
Entertainment in Budapest (Hungary) is 38% cheaper than in Munich (Germany) | ||||
Update prices | Update prices | |||
Budapest | Munich | Diff | ||
Basic dinner out for two in neighborhood pub | 9,933 Ft (€24) | €50 | - 52% | |
2 tickets to the movies | 4,834 Ft (€12) | €24 | - 52% | |
2 tickets to the theater (best available seats) | 21,259 Ft (€51) | €149 | - 65% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 14,168 Ft (€34) | €63 | - 46% | |
1 cocktail drink in downtown club | 2,230 Ft (€5.40) | €13 | - 57% | |
Cappuccino in expat area of the city | 1,265 Ft (€3.06) | €4.92 | - 38% | |
1 beer in neighbourhood pub (500ml or 1pt.) | 936 Ft (€2.27) | €4.17 | - 46% | |
Ipad wi-fi 128gb | 246,766 Ft (€597) | €509 | + 17% | |
1 min. of prepaid mobile tariff (no discounts or plans) | 29 Ft (€0.07) | €0.12 | - 41% | |
1 month of gym membership in business district | 20,243 Ft (€49) | €63 | - 23% | |
1 package of marlboro cigarettes | 2,188 Ft (€5.30) | €9 | - 39% | |
TOTAL | - 45% |
This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 699 prices entered by 117 different people.
These prices were last updated on December 07, 2024.
Exchange rate:
0.00242
EUR
/
HUF
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For example, to keep the same standard of living that would require €8,000 in Munich you would need to make just about €4,410 (1,821,746 Ft) in Budapest.
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