SeoulvsBudapest
Overall
💰-30.7%
Seoul is 30.7%cheaper
Rent
🏠-30.0%
Housing is 30.0% lower
Dining
🍽️-18.2%
Restaurants 18.2% cheaper
Groceries
🛒-46.7%
Food shopping 46.7% less
Comparing the cost of living between Seoul, South Korea and Budapest, Hungary reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Seoul is more affordable than Budapest by approximately 30.7%. 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 Seoul are higher than in Budapest by 43%. A one-bedroom apartment in Seoul's city center costs around ₩1,200,000, while the same in Budapest is approximately HUF 200,000.
Dining out in Seoul is notably more expensive compared to Budapest. An inexpensive restaurant meal costs ₩8,000 in Seoul versus HUF 2,000 in Budapest.
Public transportation in Seoul is more expensive, with monthly passes at ₩55,000 compared to HUF 9,500 in Budapest.
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 Seoul is more expensive by approximately 88%. 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 Seoul can expect to spend approximately ₩528,000 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 ₩1,848,000 monthly in Seoul 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 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
Seoul
Budapest
Frequently Asked Questions
Is Seoul more expensive than Budapest?
No, Seoul is approximately 30.7% cheaper than Budapest. You'll find significant savings in housing, food, and transportation costs.
How much salary do I need in Seoul compared to Budapest?
To maintain the same standard of living, you would need approximately 77% of your Budapest salary when living in Seoul. For example, if you earn $50,000 in Budapest, you'd need about $38,265 in Seoul for a comparable lifestyle.
What are the biggest cost differences between Seoul and Budapest?
The most significant cost difference is in groceries. Grocery costs differ by roughly 88%, 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 Seoul if you prioritize earning potential, or Budapest for affordability.
What's a reasonable monthly budget for Seoul vs Budapest?
In Seoul, a single person needs approximately ₩1,228,000 per month (including rent), while a family of four requires about ₩3,648,000. 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 Seoul 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 Seoul
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