Cost Comparison 2025

BudapestvsSeoul

Hungary
South Korea

Overall

💰

+44.2%

Budapest is 44.2%more expensive

Rent

🏠

+42.9%

Housing is 42.9% higher

Dining

🍽️

+22.2%

Restaurants 22.2% pricier

Groceries

🛒

+87.5%

Food shopping 87.5% more

Comparing the cost of living between Budapest, Hungary and Seoul, South Korea reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Budapest is more expensive than Seoul by approximately 44.2%. 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 lower than in Seoul by 30%. A one-bedroom apartment in Budapest's city center costs around HUF 200,000, while the same in Seoul is approximately ₩1,200,000.

Dining out in Budapest offers significant savings compared to Seoul. An inexpensive restaurant meal costs HUF 2,000 in Budapest versus ₩8,000 in Seoul.

Public transportation in Budapest is more affordable, with monthly passes at HUF 9,500 compared to ₩55,000 in Seoul.

Purchasing power in Seoul is notably stronger, meaning residents can afford more goods and services with their local salaries compared to Budapest.

Grocery shopping in Budapest is more affordable by approximately 47%. Basic items like milk, bread, and eggs show lower 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 Seoul, the same lifestyle would cost around ₩528,000. For families, these figures increase significantly, with a family of four requiring about HUF 331,100 monthly in Budapest versus ₩1,848,000 in Seoul. 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

Item
Budapest, Hungary
Seoul, South Korea

🏠 Housing Costs (Monthly Rent)

1BR City Center
HUF 200,000
₩1,200,000
1BR Outside Center
HUF 140,000
₩700,000
3BR City Center
HUF 350,000
₩3,000,000

🍽️ Food & Dining

Meal, Inexpensive Restaurant
HUF 2,000
₩8,000
Meal for 2, Mid-range Restaurant
HUF 10,000
₩50,000
Cappuccino
HUF 650
₩4,500
Domestic Beer (0.5L)
HUF 600
₩4,500

🛒 Groceries

Milk (1L)
HUF 350
₩2,500
Bread (500g)
HUF 350
₩3,000
Eggs (12)
HUF 600
₩3,500
Cheese (1kg)
HUF 2,500
₩16,000

🚌 Transportation

One-way Ticket
HUF 350
₩1,400
Monthly Pass
HUF 9,500
₩55,000
Taxi Start
HUF 700
₩4,000
Gasoline (1L)
HUF 600
₩1,700

💡 Utilities & Internet

Basic Utilities (85m²)
HUF 35,000
₩200,000
Internet (60 Mbps)
HUF 5,000
₩30,000
Mobile Minute
HUF 30
₩50

Tips for Moving Between Cities

For those considering a move from Budapest to Seoul, 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 Seoul to Budapest 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

Cost of Living Index52
Rent Index35
Purchasing Power Index60

Seoul

Cost of Living Index75
Rent Index50
Purchasing Power Index85

Frequently Asked Questions

Is Budapest more expensive than Seoul?

Yes, Budapest is approximately 44.2% more expensive than Seoul overall. The biggest differences are in housing and restaurant prices.

How much salary do I need in Budapest compared to Seoul?

To maintain the same standard of living, you would need approximately 1.4x of your Seoul salary when living in Budapest. For example, if you earn $50,000 in Seoul, you'd need about $72,115 in Budapest for a comparable lifestyle.

What are the biggest cost differences between Budapest and Seoul?

The most significant cost difference is in groceries. Grocery costs differ by roughly 47%, affecting your daily shopping expenses. Transportation and utilities show notable variations between the two cities.

Which city is better for expats and digital nomads?

Seoul offers better purchasing power, making it more attractive for those earning in strong currencies. However, Seoul provides lower living costs, which benefits budget-conscious travelers. Consider Budapest if you prioritize cultural experiences, or Seoul for better value.

What's a reasonable monthly budget for Budapest vs Seoul?

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 Seoul, these figures are ₩1,228,000 for singles and ₩3,648,000 for families. These estimates include housing, food, transportation, and basic entertainment.

The cost of living comparison between Budapest and Seoul 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.

Need to calculate salary equivalence?

Find out how much you need to earn in Seoul to maintain your lifestyle from Budapest

Calculate Salary Equivalence

Last updated: 2025-01-15 • Data sourced from multiple providers