Cheapest Cities Near Budapest (2026)

Budapest has a cost of living index of 50 (US avg = 100). Here are 8 more affordable metros to consider as alternatives.

More affordable alternatives

1
Phnom Penh, KH40% cheaper
COL: 301BR: $350/moSave $350/mo on rent
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2
Buenos Aires, AR40% cheaper
COL: 301BR: $400/moSave $300/mo on rent
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3
Oaxaca, MX36% cheaper
COL: 321BR: $400/moSave $300/mo on rent
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4
Da Nang, VN33% cheaper
COL: 341BR: $350/moSave $350/mo on rent
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5
Medellín, CO30% cheaper
COL: 351BR: $500/moSave $200/mo on rent
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6
Marrakech, MA30% cheaper
COL: 351BR: $430/moSave $270/mo on rent
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7
Hanoi, VN26% cheaper
COL: 371BR: $450/moSave $250/mo on rent
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8
Cebu City, PH26% cheaper
COL: 371BR: $400/moSave $300/mo on rent
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Budapest at a glance

50
COL index
100 = US avg
$700
1BR rent
per month
—
Home price
median
15%
State tax
income

Cities with similar cost of living

Koh Samui, THCOL: 50Mauritius, MUCOL: 52Phuket, THCOL: 52Playa del Carmen, MXCOL: 48

COL index sourced from Numbeo, Zillow, and BLS data · Q1 2026 · For general guidance only