Sellers asked for more than one million forints per square meter in January this year.Continue reading
Numbeo has published a list of Central and Eastern European countries, which includes the everyday cost of living in cities (milk, food, restaurants, travel, subletting, etc.). On the list of 49 cities, Budapest currently ranks seventh in the region. Another Hungarian city, Pécs, is in 15th place, and Szeged and Debrecen are also in the middle of the ranking.
This article was originally published on our sister-site, Ungarn Heute.
The ranking is based on percentages, with New York accounting for 100 percent, so Budapest as a whole accounts for about 46 percent of the cost of living there.
Based on these figures, the rent for an apartment in Budapest is about 16 percent of New York’s price, far behind Prague (26 percent), which is also very expensive, while Moscow tops the list at 28 percent of New York’s rent.
Moscow, which for a long time was one of the most expensive cities in the world, is now only 11th on this list due to the upturn in the Russian economy.
The most expensive city in Central and Eastern Europe is Prague, followed by Bratislava, Brno, Alamoc, Košice, and Ostrava. Warsaw took eighth place, followed by Gdynia, also in Poland, and Sofia in Bulgaria in tenth place. The second half of the list is occupied by less touristy cities in Ukraine and Russia, but also by Moldova’s capital, Chisinau.
The full list can be found here.
Featured image via Pixabay