Cost of Living Guide

City comparison

Cost of living in Mexico City vs Budapest

One person needs about €1,284 a month in Mexico City and €1,220 in Budapest, rent included — Budapest is 5% cheaper overall.

🇲🇽
Mexico City
Mexico · 9.2M pop
vs
🇭🇺
Budapest
Hungary · 1.7M pop
Monthly rent (1BR)
€850€750
12% cheaper
Groceries / mo
€260€240
8% cheaper
Eating out (meal)
€8€9
12% pricier
Internet (100mbps)
€25€18
28% cheaper
Avg salary (tech)
€1,900€2,300
21% higher
Coworking / mo
€160€120
25% cheaper
Mexico CityBudapest
Rent€850€750
Groceries€260€240
Transport€25€25
Utilities€60€115

Salary you'd need to keep the same lifestyle

Enter your current net monthly pay. We scale it by the full cost basket — rent, groceries, transport, utilities, eating out and internet.

To live in Budapest the way you live in Mexico City on €3,000, you need

€2,850/ month net

5% less than today (-€150)

Mexico City today
Basket €1,284 · left over €1,716 (57%)
Budapest at the matched salary
Basket €1,220 · left over €1,630 (57%)

Local pay context: average tech net pay covers the basket 189% over in Budapest (comfortable) vs 148% in Mexico City. Purchasing power index · How we calculate this

🇲🇽 Mexico City

Great food, US time zones, and rents rising quickly in Roma and Condesa.

Monthly budget: €1,284

Sources: Eurostat, Harmonised price indices (2025) · 0 community reports

🇭🇺 Budapest

Thermal baths, cheap rent and a currency that makes euro income stretch.

Monthly budget: €1,220

Sources: Eurostat, Harmonised price indices (2025) · 0 community reports

Should you move to Mexico City or Budapest?

On salary, Budapest pays more for tech roles (€2,300 versus €1,900 a month), so the money left over after costs is €1,080 in Budapest at the top end.

Rent drives most of the gap: €850 in Mexico City against €750 in Budapest. Groceries, transport and utilities move far less between the two.

For remote workers, the nomad index scores Mexico City at 78 and Budapest at 78 — see the full nomad index and our data methodology.

More Mexico City comparisons

More Budapest comparisons