Cost of living comparison

Venezuela

compared to

Hungary

Budapest vs. Caracas Cost of Living Summary

Budapest is 28.5% more expensive than Caracas.

Restaurants: pay 15.7% more in Budapest
Groceries: pay 29.5% less in Budapest
Transportation: pay 27.4% more in Budapest
Housing: pay 75.7% more in Budapest
Childcare: pay 3.0 times more in Budapest
Entertainment and Sports: pay 28.8% more in Budapest
Clothing: pay 4.7% less in Budapest

The cost of childcare, housing, entertainment and sports, transportation, and restaurants in Budapest are more expensive than in Caracas. Expenses including groceries and clothing are lower in Budapest. Notably, childcare and housing are significantly more expensive in Budapest.

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Budapest vs. Caracas Cost Breakdown

If you lived in Budapest instead of Caracas, you would:

Display currency: USD

pay 15.7% more for restaurants

	Caracas	Budapest
Basic meal with drink at inexpensive restaurant	$10.80 VEF107.76	$13.77 HUF4,451.76	+27.4%
Fast food combo meal McDonalds, or similar	$11.00 VEF109.72	$10.17 HUF3,289.36	-7.5%
Bottle of Coca-Cola (11 fl. oz)	$1.53 VEF15.23	$2.08 HUF673.49	+36.4%
Bottle of water (11 fl. oz)	$1.32 VEF13.13	$1.83 HUF591.19	+38.9%
Average			+15.7%

Caracas vs. Budapest - Cost of restaurants

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pay 29.5% less for groceries

	Caracas	Budapest
Bread 1 loaf	$2.27 VEF22.67	$1.80 HUF580.67	-21.0%
Local cheese (8 oz)	$5.08 VEF50.69	$5.57 HUF1,802.14	+9.7%
Milk (1 gallon)	$10.26 VEF102.36	$4.40 HUF1,421.11	-57.2%
Eggs 1 dozen	$4.73 VEF47.13	$3.88 HUF1,253.03	-18.0%
Boneless chicken breast (1 lb)	$4.21 VEF41.95	$3.10 HUF1,003.00	-26.2%
Apples (1 lb)	$3.29 VEF32.80	$0.85 HUF274.62	-74.2%
Bananas (1 lb)	$0.91 VEF9.08	$0.94 HUF303.05	+3.0%
Oranges (1 lb)	$0.99 VEF9.84	$1.06 HUF341.51	+7.1%
Tomatoes (1 lb)	$1.05 VEF10.45	$1.73 HUF558.38	+64.8%
Potatoes (1 lb)	$1.02 VEF10.17	$0.45 HUF144.57	-56.1%
Onions (1 lb)	$0.99 VEF9.88	$0.46 HUF147.52	-53.9%
Average			-29.5%

Caracas vs. Budapest - Cost of groceries

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pay 27.4% more for transportation

	Caracas	Budapest
Gasoline (1 gallon)	$3.18 VEF31.72	$7.07 HUF2,284.96	+122.3%
Monthly public transit pass	$30.00 VEF299.24	$27.54 HUF8,903.52	-8.2%
New Volkswagen Golf 1.4 (standard edition)	$25,000.00 VEF249K	$29,374.56 HUF9M	+17.5%
Taxi trip in downtown area (5 miles)	$27.00 VEF269.31	$14.14 HUF4,570.47	-47.6%
Average			+27.4%

Caracas vs. Budapest - Cost of transportation

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pay 75.7% more for housing

	Caracas	Budapest
Internet connection 50 mbps or faster, cable/dsl	$37.99 VEF378.95	$23.57 HUF7,621.57	-38.0%
1-Bedroom apartment in downtown area	$610.08 VEF6,085.28	$817.66 HUF264K	+34.0%
1-Bedroom apartment outside city center	$425.00 VEF4,239.16	$631.44 HUF204K	+48.6%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$16.60 VEF165.55	$132.77 HUF42,926.20	+699.9%
Average			+75.7%

Caracas vs. Budapest - Cost of housing

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pay 3.0 times more for childcare

	Caracas	Budapest
Private preschool for 1 child, monthly	$160.00 VEF1,595.92	$539.65 HUF174K	+237.3%
Middle school for 1 child, two semesters	$6,100.00 VEF60,844.46	$16,674.34 HUF5M	+173.3%
Average			+203.6%

Caracas vs. Budapest - Cost of childcare

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pay 28.8% more for entertainment and sports

	Caracas	Budapest
Domestic/local beer (1 pint)	$2.00 VEF19.95	$3.67 HUF1,187.14	+83.6%
Cappuccino in mid-range area	$3.63 VEF36.19	$3.35 HUF1,081.59	-7.8%
Pack of cigarettes Marlboro or similar	$4.58 VEF45.68	$7.96 HUF2,572.13	+73.7%
Monthly membership at local gym	$66.50 VEF663.30	$67.07 HUF21,685.02	+0.9%
Movie ticket to theater/cinema	$6.50 VEF64.83	$9.33 HUF3,017.30	+43.6%
Average			+28.8%

Caracas vs. Budapest - Cost of entertainment and sports

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pay 4.7% less for clothing

	Caracas	Budapest
Regular jeans Levi's brand	$76.58 VEF763.81	$100.01 HUF32,333.83	+30.6%
Regular dress from H&M or similar store	$50.89 VEF507.62	$42.98 HUF13,894.99	-15.6%
Running shoes Nike or Adidas	$133.76 VEF1,334.21	$113.36 HUF36,650.47	-15.3%
Men's business shoes (leather)	$133.87 VEF1,335.27	$118.19 HUF38,210.94	-11.7%
Average			-4.7%

Caracas vs. Budapest - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

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