BudapestvsMumbai
Overall
💰-32.7%
Budapest is 32.7%cheaper
Rent
🏠-28.6%
Housing is 28.6% lower
Dining
🍽️-33.3%
Restaurants 33.3% cheaper
Groceries
🛒-27.1%
Food shopping 27.1% less
Comparing the cost of living between Budapest, Hungary and Mumbai, India reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Budapest is more affordable than Mumbai by approximately 32.7%. 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 Mumbai by 40%. A one-bedroom apartment in Budapest's city center costs around HUF 200,000, while the same in Mumbai is approximately ₹35,000.
Dining out in Budapest is notably more expensive compared to Mumbai. An inexpensive restaurant meal costs HUF 2,000 in Budapest versus ₹200 in Mumbai.
Public transportation in Budapest is more expensive, with monthly passes at HUF 9,500 compared to ₹1,500 in Mumbai.
Purchasing power in Budapest is notably stronger, meaning residents can afford more goods and services with their local salaries compared to Mumbai.
Grocery shopping in Budapest is more expensive by approximately 37%. 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 Mumbai, the same lifestyle would cost around ₹12,260. For families, these figures increase significantly, with a family of four requiring about HUF 331,100 monthly in Budapest versus ₹42,910 in Mumbai. 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 Mumbai 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 Mumbai 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
Mumbai
Frequently Asked Questions
Is Budapest more expensive than Mumbai?
No, Budapest is approximately 32.7% cheaper than Mumbai. You'll find significant savings in housing, food, and transportation costs.
How much salary do I need in Budapest compared to Mumbai?
To maintain the same standard of living, you would need approximately 75% of your Mumbai salary when living in Budapest. For example, if you earn $50,000 in Mumbai, you'd need about $37,681 in Budapest for a comparable lifestyle.
What are the biggest cost differences between Budapest and Mumbai?
The most significant cost difference is in dining out. Restaurant prices vary by about 50%, which can significantly impact your entertainment budget. 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 Mumbai for affordability.
What's a reasonable monthly budget for Budapest vs Mumbai?
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 Mumbai, these figures are ₹32,260 for singles and ₹92,910 for families. These estimates include housing, food, transportation, and basic entertainment.
The cost of living comparison between Budapest and Mumbai in 2025 shows significant 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 Mumbai to maintain your lifestyle from Budapest
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