Madrid vs Budapest

Cost of living comparison for 2026. Budapest is roughly 20% more affordable than Madrid (index 31 vs 39, New York = 100). Data sourced live via AI — updated regularly.

Budapest
More affordable overall
20% cheaper than Madrid · Cost index: 31 vs 39

Life Power at $3,000/mo

The same salary ranks differently depending on where you live — from Beggar to King.

Head-to-Head Stats

39Cost Index31✓
2,200✓Median Income /mo1,784
71Safety Index75✓
25✓Income Tax %33
200✓Internet (Mbps)150
200Coworking /mo180✓

Price Breakdown

MadridCategoryBudapest
$1,370/month
1-BR Apartment (Center)
36% ← cheaper
$882/month
$1.2/liter
Meal for One
23% ← cheaper
$0.92/liter
$17/meal
Restaurant (Mid-range)
41% ← cheaper
$10/meal
$76/month
Monthly Transit Pass
62% ← cheaper
$29/month
$224/month
Utilities (Monthly)
28% ← cheaper
$162/month
$87/visit
Doctor Visit
37% ← cheaper
$55/visit

Digital Nomad Profile

Madrid

Internet200 Mbps
Coworking$200/mo
Café WiFigood
Englishmoderate
Communitygrowing
Walkability74/100

Budapest

Internet150 Mbps
Coworking$180/mo
Café WiFigood
Englishmoderate
Communitygrowing
Walkability75/100

Frequently Asked Questions

Is Madrid cheaper than Budapest?

Budapest is cheaper than Madrid. Budapest has a cost of living index of 31/100 compared to 39/100 for Madrid (New York = 100), making it roughly 20% more affordable overall.

How much cheaper is Budapest than Madrid?

Budapest is approximately 20% cheaper than Madrid based on cost index scores (31 vs 39, where New York = 100). A person spending $3,000/month in Madrid could live a similar lifestyle for roughly $2,400/month in Budapest.

What is the rent comparison between Madrid and Budapest?

In Madrid, a 1-bedroom apartment in the city center costs approximately $1,370/month. In Budapest, the equivalent is around $882/month.

Which city is better for digital nomads — Madrid or Budapest?

Both cities have nomad infrastructure. Madrid offers 200 Mbps internet and coworking at ~$200/month. Budapest offers 150 Mbps and coworking at ~$180/month. Budapest has a cost advantage of 20%.

What is the average income in Madrid vs Budapest?

The median net monthly salary in Madrid is approximately $2,200 USD, compared to $1,784 USD in Budapest.

Compare Madrid with…

Popular head-to-heads — see exactly where Madrid wins or loses.

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