Budapest VS Krakow

Cost of Living & Salary Comparison 2026

Budapest
Hungary
26.1
COLI Index
#92
Global Rank
HUF
Currency
Krakow
Poland
23.8
COLI Index
#101
Global Rank
PLN
Currency

Key Differences

Cost of Living
26.1
23.8
1BR Rent (USD/mo)
$600
$550
Total Deductions
33.5%
20.6%
Exchange Rate
1 HUF = 0.0109 PLN
Is Budapest cheaper than Krakow?

Yes, Krakow is 9% cheaper than Budapest based on our cost of living index. Krakow has a COLI of 23.8, while Budapest has a COLI of 26.1. 9% cheaper

Key Takeaways: Budapest vs Krakow

Overall, Krakow is approximately 9% cheaper than Budapest based on our cost of living index. Budapest has a COLI of 26.1 (ranked #92 of 182 cities), while Krakow has a COLI of 23.8 (ranked #101).

When it comes to housing, one-bedroom apartment rent in Budapest averages $600/month compared to $550/month in Krakow. That makes Krakow approximately 8% cheaper for rent alone.

Krakow has lower total deductions (20.6%) compared to Budapest (33.5%), meaning you keep more of your gross salary in Krakow. When evaluating a relocation, remember that total deductions directly impact your take-home pay and should be weighed alongside cost of living differences.

Tax & Deductions Comparison

Full breakdown of mandatory payroll deductions for a mid-range salary as a local employee in each city.

Budapest

Income Tax
15%
Social Contribution (TB)
18.5%
Total: 33.5%Take-Home: Ft 4,675,669/yr

Krakow

Income Tax
7%
ZUS Contributions
13.7%
Total: 20.6%Take-Home: zł 55,525/yr

Rates shown for local employees. Expat deductions may differ — use the main converter for personalized calculations.

Salary Equivalent

If you earn Ft 26,939,006 in Budapest, you would need approximately zł 267,795 in Krakow to maintain the same purchasing power. That is 9% less thanks to lower cost of living.

Salary Comparison by Job Title

Estimated mid-level annual salaries in local currency, adjusted for each city's cost of living:

Job Title Budapest (HUF) Krakow (PLN)
Doctor (General) Ft 16,874,593 zł 167,747
Software Engineer Ft 7,968,558 zł 79,214
Product Manager Ft 9,374,774 zł 93,193
Lawyer Ft 9,374,774 zł 93,193
Data Scientist Ft 8,906,035 zł 88,533
Marketing Manager Ft 6,749,837 zł 67,099
Teacher Ft 4,499,892 zł 44,733
Nurse Ft 5,437,369 zł 54,052

Salary estimates are adjusted by each city's COLI relative to the New York baseline. Actual salaries vary by company, experience, and industry.

Neighborhoods

Budapest (Top 5)

NeighborhoodMultiplier
District V (Belváros)1.30x (+30%)
District I (Buda Castle)1.22x (+22%)
District II (Buda Hills)1.18x (+18%)
District VI (Terézváros)1.15x (+15%)
District XII (Hegyvidék)1.15x (+15%)

Krakow (Top 5)

NeighborhoodMultiplier
Old Town (Stare Miasto)1.28x (+28%)
Kazimierz1.18x (+18%)
Zwierzyniec1.10x (+10%)
Zabłocie1.08x (+8%)
Podgórze1.05x (+5%)

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Frequently Asked Questions

Is Budapest or Krakow more expensive?

Budapest is more expensive overall. Budapest has a COLI of 26.1 while Krakow has a COLI of 23.8, making Krakow approximately 9% cheaper.

What salary in Krakow equals Ft 26,939,006 in Budapest?

To maintain the same standard of living as Ft 26,939,006 in Budapest, you would need approximately zł 267,795 in Krakow.

Is rent cheaper in Budapest or Krakow?

Average one-bedroom rent in Budapest is $600/month compared to $550/month in Krakow. Krakow has lower rent by approximately 8%.

Which city has lower taxes, Budapest or Krakow?

Krakow has lower total deductions (20.6%) compared to Budapest (33.5%), meaning you keep more of your gross salary in Krakow.

Explore Each City

Data Sources & Methodology

Cost of living indices (COLI) are benchmarked to New York City = 100 and derived from Numbeo and Expatistan crowd-sourced price surveys, cross-referenced with national statistics agencies. Rent data from Numbeo Property Prices.

Salary ranges are compiled from the U.S. Bureau of Labor Statistics (OES), Glassdoor, and PayScale. Tax rates are approximate effective rates for mid-range earners based on OECD Taxing Wages and national tax authorities. Exchange rates from the European Central Bank. Neighborhood multipliers are estimated from local rental indices and property data.

Last updated: 2026-02-28. Data is refreshed periodically. All figures are estimates for informational purposes only.