BudapestvsIstanbul
Overall
💰-7.7%
Budapest is 7.7%cheaper
Rent
🏠-20.0%
Housing is 20.0% lower
Dining
🍽️0.0%
Restaurants 0.0% same
Groceries
🛒-12.5%
Food shopping 12.5% less
Comparing the cost of living between Budapest, Hungary and Istanbul, Turkey reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Budapest is more affordable than Istanbul by approximately 7.7%. This comparison covers essential living expenses including housing, food, transportation, and utilities, providing you with a complete picture of what to expect financially in each city.
Key Cost Differences
Housing costs in Budapest are higher than in Istanbul by 25%. A one-bedroom apartment in Budapest's city center costs around HUF 200,000, while the same in Istanbul is approximately TRY 25,000.
Dining out in Budapest costs about the same compared to Istanbul. An inexpensive restaurant meal costs HUF 2,000 in Budapest versus TRY 150 in Istanbul.
Public transportation in Budapest is more expensive, with monthly passes at HUF 9,500 compared to TRY 1,100 in Istanbul.
Purchasing power in Budapest is notably stronger, meaning residents can afford more goods and services with their local salaries compared to Istanbul.
Grocery shopping in Budapest is more expensive by approximately 14%. Basic items like milk, bread, and eggs show higher prices across the board.
Monthly Budget Breakdown
When breaking down monthly expenses, a single person in Budapest can expect to spend approximately HUF 94,600 per month (excluding rent), while in Istanbul, the same lifestyle would cost around TRY 7,060. For families, these figures increase significantly, with a family of four requiring about HUF 331,100 monthly in Budapest versus TRY 24,710 in Istanbul. These estimates include groceries, dining out, transportation, utilities, and entertainment, providing a realistic picture of day-to-day living costs in each city.
Detailed Cost Comparison
🏠 Housing Costs (Monthly Rent)
🍽️ Food & Dining
🛒 Groceries
🚌 Transportation
💡 Utilities & Internet
Tips for Moving Between Cities
For those considering a move from Istanbul to Budapest, the cost savings can be substantial, particularly in housing and daily expenses. However, it's important to factor in salary differences and job opportunities. Conversely, moving from Budapest to Istanbul requires careful financial planning. Consider negotiating salary adjustments that reflect the higher cost of living, and research neighborhoods outside the city center for more affordable housing options while maintaining reasonable commute times.
Quality of Life Indices
Budapest
Istanbul
Frequently Asked Questions
Is Budapest more expensive than Istanbul?
No, Budapest is approximately 7.7% cheaper than Istanbul. You'll find significant savings in housing, food, and transportation costs.
How much salary do I need in Budapest compared to Istanbul?
To maintain the same standard of living, you would need approximately 93% of your Istanbul salary when living in Budapest. For example, if you earn $50,000 in Istanbul, you'd need about $46,429 in Budapest for a comparable lifestyle.
What are the biggest cost differences between Budapest and Istanbul?
The most significant cost difference is in housing. Rent prices differ by approximately 25%, making it a major factor in your budget planning. Transportation and utilities show notable variations between the two cities.
Which city is better for expats and digital nomads?
Budapest offers better purchasing power, making it more attractive for those earning in strong currencies. However, Budapest provides lower living costs, which benefits budget-conscious travelers. Consider Budapest if you prioritize earning potential, or Istanbul for affordability.
What's a reasonable monthly budget for Budapest vs Istanbul?
In Budapest, a single person needs approximately HUF 234,600 per month (including rent), while a family of four requires about HUF 581,100. In Istanbul, these figures are TRY 22,060 for singles and TRY 54,710 for families. These estimates include housing, food, transportation, and basic entertainment.
The cost of living comparison between Budapest and Istanbul in 2025 shows moderate differences across various expense categories. Whether you're planning a relocation for work, considering retirement options, or simply curious about living costs, understanding these differences is crucial for making informed financial decisions.
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Find out how much you need to earn in Istanbul to maintain your lifestyle from Budapest
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