Is District IX (Ferencváros) Expensive?

Budapest, Hungary

+2% vs Budapest avg

Living in District IX (Ferencváros), Budapest

District IX (Ferencváros) is a moderately-priced area within Budapest, with a cost of living index of 26.6 — that is +2% compared to the Budapest average. It sits around the middle of the pack at #9 out of 19 neighborhoods. Estimated rent for a one-bedroom apartment here is around Ft 219,822/month, compared to a range of Ft 146,548 in Csepel to Ft 280,166 in District V (Belváros).

Monthly Budget Breakdown

For a typical resident of District IX (Ferencváros), housing takes up roughly 44% of monthly expenses. Food and groceries account for about 16%, while transportation costs around 9%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately Ft 8,792,892 before tax.

Typical Salaries in District IX (Ferencváros)

Salaries in District IX (Ferencváros) reflect the local cost of living. Based on the neighborhood COLI of 26.6:

After tax and deductions of 33.5% in Hungary, take-home pay for someone earning Ft 8,792,892 would be roughly Ft 5,847,273/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

26.6
COLI Index
1.02x
vs City Avg
Ft 219,822
Est. 1BR Rent
#9
of 19 Areas
33.5%
Total Deductions

Tax & Deductions in District IX (Ferencváros)

Estimated annual deductions on a Ft 7,165,776 salary in District IX (Ferencváros), Budapest (local employee).

Income Tax
15%
Social Contribution (TB)
18.5%
Total Deductions: 33.5%
Est. Take-Home: Ft 4,765,241/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in District IX (Ferencváros) would need to be elsewhere:

City Currency Equivalent
New York USD $19,950
London GBP £17,169
Dubai AED AED 99,826

Other Neighborhoods in Budapest

Neighborhood COLI Multiplier vs Avg
District V (Belváros) 33.9 1.30x +30%
District I (Buda Castle) 31.8 1.22x +22%
District II (Buda Hills) 30.8 1.18x +18%
District VI (Terézváros) 30.0 1.15x +15%
District XII (Hegyvidék) 30.0 1.15x +15%

View all 19 neighborhoods in Budapest →

Convert Your Salary

See exactly what you need to earn in District IX (Ferencváros), Budapest to maintain your lifestyle.

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Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to District IX (Ferencváros):

Kristiine, Tallinn Viimsi, Tallinn Āgenskalns, Riga Kadıköy, Istanbul Sanur, Bali (Denpasar) Upper Hill, Nairobi

Frequently Asked Questions

Is District IX (Ferencváros) expensive in Budapest?

District IX (Ferencváros) is near the city average for Budapest. Costs are about +2% vs the average, making it a mid-range neighborhood.

How does District IX (Ferencváros) compare to the Budapest average?

The cost of living in District IX (Ferencváros) is near the Budapest average. With a multiplier of 1.02x, everyday expenses including rent, food, and transportation are +2% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.