Expat City Ranking: Budapest ranks 18th out of 82 cities!

The annual Expat City Ranking reveals how expats rate life in 82 cities around the world, including Budapest. Expats in Budapest are happy with their finances and the local leisure activities.

Budapest ranks 18th out of 82 cities in the Expat City Ranking 2019. It performs best in the Local Cost of Living Index (5th) and worst in the Getting Settled Index (48th).

• Based on the ranking, Taipei, Kuala Lumpur, Ho Chi Minh City, Singapore, Montréal, Lisbon, Barcelona, Zug, The Hague, and Basel are the best cities to move to in 2020.
• Kuwait City (82nd), Rome, Milan, Lagos (Nigeria), Paris, San Francisco, Los Angeles, Lima, New York City, and Yangon (73rd) are the world’s worst cities.

Budapest makes it into the global top 20 in the Expat City Ranking 2019 by InterNations, the world’s largest expat community with more than 3.5 million members.

Coming in 18th place overall, the city is among the best in the world for the local cost of living (5th) as well as finance and housing (7th).

However, expats’ opinions are mixed when it comes to the quality of life, and they find it generally hard to get settled in the Hungarian capital.

The Expat City Ranking is based on the annual Expat Insider survey by InterNations, which is with more than 20,000 respondents in 2019 one of the most extensive surveys about living and working abroad.

In 2019, 82 cities around the globe are analyzed in the survey, offering in-depth information about five areas of expat life: Quality of Urban Living, Getting Settled, Urban Work Life, Finance & Housing, and Local Cost of Living. Taken together, the first four areas make up the Expat City Ranking, which reveals the best and worst cities to move to in 2020.

18. Budapest

With a good 18th place in the Expat City Ranking overall, Budapest even features among the top 5 cities in the Local Cost of Living Index (5th), only beaten by Taipei (4th), Aachen, Germany (3rd), Kuala Lumpur (2nd), and Ho Chi Minh City (1st). In fact, 64% of expats in Budapest are satisfied with the local cost of living in general (vs. 43% globally). What is more, around three in five expats are satisfied with their financial situation (61% vs. 57% globally) and feel that their disposable income is more than enough to cover their living expenses (58% vs. 49% globally). Over half the expats (53%) also find housing in the city affordable (vs. 36% globally), and 64% say it is easy to find accommodation (vs. 50% globally), ranking Budapest 7th out of 82 in the Finance & Housing Index.

Beyond the financial aspects, Budapest seems to be a city where expats can enjoy life abroad: almost three-quarters (73%) are satisfied with the local climate and weather (vs. 59% globally), and 84% are happy with the local leisure options (vs. 74% globally).