Vol. III · No. 47 · Q1 2026 EditionUpdated Weekly · ECB FX

WorthOf

A global ledger of salary, tax & the price of living

City Comparison · Updated May 2026

Budapest

Hungary

COL index 44.8

vs
Vienna

Austria

COL index 66.8

Budapest vs Vienna — Cost of Living, Salary & Tax Compared (2026)

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The verdict

Living in Budapest is 32.9% cheaper than Vienna for the same lifestyle.

Based on Q1 2026 COL index and median single-person expenditure.

§ 01

Side-by-side stats

Better for salaryBetter for cost
BudapestMetricViennaΔ
44.8Cost of living index66.8+49.1%
€50,000Median gross salary€50,0000.0%
€34,638Net at €50,000 gross€32,660-5.7%
€880Rent — 1BR centre€1,480+68.2%
€1,342Monthly COL (single)€2,165+61.3%
€77,316PPP — net / COL€48,893-36.8%
30.7%Effective tax @ €50,00034.7%+12.9%
§ 02

Monthly expenses — paired

Budapest Vienna
Rent — 1BR centre
Budapest
€880
Vienna
€1,480
Groceries
Budapest
€240
Vienna
€345
Utilities
Budapest
€132
Vienna
€172
Transport
Budapest
€38
Vienna
€88
Internet
Budapest
€24
Vienna
€40
Gym
Budapest
€28
Vienna
€40
§ 03

Salary equivalence

50,000 gross in Hungary = €2,886 net monthly.

To have the same purchasing power in Vienna, you would need roughly €89,771 gross in Austria (≈ €4,304 net monthly, adjusted for cost-of-living index).

€50,000
Budapest
€34,638
Net annual · 30.7% effective
PPP-adjusted equivalent
€77,316
Vienna
€32,660
Net annual · 34.7% effective
PPP-adjusted equivalent
€48,893
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§ 04

Pros & cons

Budapest
  • +Significantly cheaper rent (€880)
  • +Low overall cost of living (index 45)
Vienna
  • High rent-to-income ratio (54.4%)
§ 05

The verdict

Across the data, Budapest delivers a higher take-home on a €50,000 gross salary; Budapest carries a lower cost-of-living index; Budapest has the lighter effective tax burden; Budapest wins on purchasing power after costs are netted out. If purchasing power is your north star, Budapest edges it.

§ 06

Frequently asked

Is Budapest cheaper than Vienna?+

Budapest is cheaper. Cost-of-living index: Budapest 44.8, Vienna 66.8 — a 32.9% difference (Q1 2026).

What is the cost of living difference between Budapest and Vienna?+

Budapest sits at 44.8 on our COL index, Vienna at 66.8. That works out to roughly 32.9% — Budapest being the cheaper of the two.

Is Budapest a good place to live compared to Vienna?+

It depends on priorities. Budapest delivers €34,638 net on a €50,000 gross salary at a 30.7% effective tax rate. Vienna delivers €32,660 at 34.7%. Centre 1-bed rent: €880 vs €1,480.

How do salaries compare in Budapest vs Vienna?+

On a €50,000 gross salary, take-home is €34,638/year (€2,886/month) in Budapest and €32,660/year (€2,722/month) in Vienna.

Which city has lower taxes, Budapest or Vienna?+

Hungary has the lower effective rate at €50,000: Hungary 30.7%, Austria 34.7%.

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