OslovsBudapest
Overall
💰-45.3%
Oslo is 45.3%cheaper
Rent
🏠-46.2%
Housing is 46.2% lower
Dining
🍽️-55.0%
Restaurants 55.0% cheaper
Groceries
🛒-49.5%
Food shopping 49.5% less
Comparing the cost of living between Oslo, Norway and Budapest, Hungary reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Oslo is more affordable than Budapest by approximately 45.3%. 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 Oslo are higher than in Budapest by 86%. A one-bedroom apartment in Oslo's city center costs around NOK 14,000, while the same in Budapest is approximately HUF 200,000.
Dining out in Oslo is notably more expensive compared to Budapest. An inexpensive restaurant meal costs NOK 180 in Oslo versus HUF 2,000 in Budapest.
Public transportation in Oslo is more affordable, with monthly passes at NOK 770 compared to HUF 9,500 in Budapest.
Purchasing power in Oslo is notably stronger, meaning residents can afford more goods and services with their local salaries compared to Budapest.
Grocery shopping in Oslo is more expensive by approximately 98%. 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 Oslo can expect to spend approximately NOK 5,944 per month (excluding rent), while in Budapest, the same lifestyle would cost around HUF 94,600. For families, these figures increase significantly, with a family of four requiring about NOK 20,804 monthly in Oslo versus HUF 331,100 in Budapest. 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 Budapest to Oslo, 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 Oslo 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
Oslo
Budapest
Frequently Asked Questions
Is Oslo more expensive than Budapest?
No, Oslo is approximately 45.3% cheaper than Budapest. You'll find significant savings in housing, food, and transportation costs.
How much salary do I need in Oslo compared to Budapest?
To maintain the same standard of living, you would need approximately 69% of your Budapest salary when living in Oslo. For example, if you earn $50,000 in Budapest, you'd need about $34,420 in Oslo for a comparable lifestyle.
What are the biggest cost differences between Oslo and Budapest?
The most significant cost difference is in dining out. Restaurant prices vary by about 122%, 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?
Oslo offers better purchasing power, making it more attractive for those earning in strong currencies. However, Oslo provides lower living costs, which benefits budget-conscious travelers. Consider Oslo if you prioritize earning potential, or Budapest for affordability.
What's a reasonable monthly budget for Oslo vs Budapest?
In Oslo, a single person needs approximately NOK 16,944 per month (including rent), while a family of four requires about NOK 39,804. In Budapest, these figures are HUF 234,600 for singles and HUF 581,100 for families. These estimates include housing, food, transportation, and basic entertainment.
The cost of living comparison between Oslo and Budapest 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 Budapest to maintain your lifestyle from Oslo
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