Cost of living comparison

Cyprus

compared to

Hungary

Budapest vs. Nicosia Cost of Living Summary

Budapest is 9.1% cheaper than Nicosia.

Restaurants: pay 1.7% more in Budapest
Groceries: pay 23.0% less in Budapest
Transportation: pay 16.7% less in Budapest
Housing: pay 6.5% less in Budapest
Childcare: pay 37.4% more in Budapest
Entertainment and Sports: pay 8.8% less in Budapest
Clothing: pay 3.3% less in Budapest

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

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Budapest vs. Nicosia Cost Breakdown

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

Display currency: USD

pay 1.7% more for restaurants

	Nicosia	Budapest
Basic meal with drink at inexpensive restaurant	$16.80 €14.99	$13.77 HUF4,507.66	-18.0%
Fast food combo meal McDonalds, or similar	$8.96 €8.00	$10.17 HUF3,330.66	+13.6%
Bottle of Coca-Cola (11 fl. oz)	$2.30 €2.05	$2.08 HUF681.95	-9.5%
Bottle of water (11 fl. oz)	$0.89 €0.80	$1.83 HUF598.62	+105.0%
Average			+1.7%

Nicosia vs. Budapest - Cost of restaurants

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pay 23.0% less for groceries

	Nicosia	Budapest
Bread 1 loaf	$1.96 €1.75	$1.80 HUF587.96	-8.3%
Local cheese (8 oz)	$6.56 €5.86	$5.57 HUF1,824.77	-15.1%
Milk (1 gallon)	$6.95 €6.20	$4.40 HUF1,438.95	-36.7%
Eggs 1 dozen	$4.77 €4.26	$3.88 HUF1,268.77	-18.8%
Boneless chicken breast (1 lb)	$4.06 €3.63	$3.10 HUF1,015.60	-23.7%
Apples (1 lb)	$1.55 €1.38	$0.85 HUF278.07	-45.2%
Bananas (1 lb)	$0.95 €0.85	$0.94 HUF306.85	-1.3%
Oranges (1 lb)	$1.14 €1.02	$1.06 HUF345.80	-7.4%
Tomatoes (1 lb)	$1.58 €1.41	$1.73 HUF565.40	+9.4%
Potatoes (1 lb)	$0.85 €0.76	$0.45 HUF146.39	-47.5%
Onions (1 lb)	$0.71 €0.64	$0.46 HUF149.37	-35.9%
Average			-23.0%

Nicosia vs. Budapest - Cost of groceries

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pay 16.7% less for transportation

	Nicosia	Budapest
Gasoline (1 gallon)	$6.73 €6.01	$7.07 HUF2,313.65	+5.0%
Monthly public transit pass	$44.79 €39.98	$27.54 HUF9,015.33	-38.5%
New Volkswagen Golf 1.4 (standard edition)	$32,920.23 €29,382.55	$29,374.56 HUF10M	-10.8%
Taxi trip in downtown area (5 miles)	$21.86 €19.51	$14.14 HUF4,627.87	-35.3%
Average			-16.7%

Nicosia vs. Budapest - Cost of transportation

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pay 6.5% less for housing

	Nicosia	Budapest
Internet connection 50 mbps or faster, cable/dsl	$33.22 €29.65	$23.57 HUF7,717.28	-29.0%
1-Bedroom apartment in downtown area	$784.43 €700.13	$817.66 HUF268K	+4.2%
1-Bedroom apartment outside city center	$696.72 €621.85	$631.44 HUF207K	-9.4%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$158.82 €141.76	$132.77 HUF43,465.25	-16.4%
Average			-6.5%

Nicosia vs. Budapest - Cost of housing

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pay 37.4% more for childcare

	Nicosia	Budapest
Private preschool for 1 child, monthly	$513.33 €458.17	$539.65 HUF177K	+5.1%
Middle school for 1 child, two semesters	$9,282.61 €8,285.08	$16,674.34 HUF5M	+79.6%
Average			+37.4%

Nicosia vs. Budapest - Cost of childcare

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pay 8.8% less for entertainment and sports

	Nicosia	Budapest
Domestic/local beer (1 pint)	$4.48 €4.00	$3.67 HUF1,202.04	-18.0%
Cappuccino in mid-range area	$3.65 €3.26	$3.35 HUF1,095.17	-8.4%
Pack of cigarettes Marlboro or similar	$5.60 €5.00	$7.96 HUF2,604.43	+42.1%
Monthly membership at local gym	$74.03 €66.07	$67.07 HUF21,957.33	-9.4%
Movie ticket to theater/cinema	$11.20 €9.99	$9.33 HUF3,055.19	-16.7%
Average			-8.8%

Nicosia vs. Budapest - Cost of entertainment and sports

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pay 3.3% less for clothing

	Nicosia	Budapest
Regular jeans Levi's brand	$102.69 €91.66	$100.01 HUF32,739.87	-2.6%
Regular dress from H&M or similar store	$54.75 €48.87	$42.98 HUF14,069.47	-21.5%
Running shoes Nike or Adidas	$100.22 €89.45	$113.36 HUF37,110.71	+13.1%
Men's business shoes (leather)	$116.92 €104.36	$118.19 HUF38,690.78	+1.1%
Average			-3.3%

Nicosia 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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