Hungary is a country in Central Europe known for its rich history, beautiful scenery, and relatively affordable cost of living compared to other European countries.
If you’re planning to move, work, or study in Hungary, it’s essential to understand the cost of living there. Here, we’ll discuss in detail the estimated cost of living in Hungary for various needs. Check out the full details below!
Cost of Living in Hungary
Hungary offers a good quality of life at a relatively affordable cost. The cost of living there can vary depending on your lifestyle and the city where you live. In general, Hungary is an attractive option for those seeking a high quality of life at a lower cost compared to other European countries.
Cost of Living in Hungary for Workers
For workers, the cost of living in Hungary is quite affordable. Apartment rent in downtown Budapest ranges from 150,000 to 250,000 HUF (about Rp6,700,000 to Rp11,200,000) per month, while in the suburbs, prices are lower, at around 100,000 to 150,000 HUF (approximately Rp4,500,000 to Rp6,700,000) per month.
In addition, the cost of meals, transportation, and other daily necessities is also quite affordable. Meals at simple restaurants typically range from 1,500 to 3,000 HUF (about Rp67,000 to Rp135,000) per meal.
Cost of Living in Hungary for Families
For families, the cost of living in Hungary will certainly be higher. In addition to higher apartment rent—which ranges from about 250,000 to 400,000 HUF (approximately Rp11,200,000 to Rp18,000,000) per month for a two- or three-bedroom apartment in the city center.
You also need to consider your children’s education costs, household expenses, and health insurance. The cost of living for a family in Hungary can range from 400,000 to 600,000 HUF (approximately Rp18,000,000 to Rp27,100,000) per month.
Cost of Living in Hungary for Students
Hungary is a popular choice among international students because of its affordable tuition and cost of living. Rent for a room in a student dormitory ranges from 50,000 to 100,000 HUF (approximately Rp2,250,000 to Rp4,500,000) per month.
Meals at the campus cafeteria typically cost between 1,000 and 2,000 HUF (about Rp45,000 to Rp90,000) per meal, and public transportation is also relatively inexpensive, with a monthly pass costing around 10,000 HUF (about Rp451,000).
Cost of Living in Hungary for 1 Day
For tourists or those staying temporarily, the cost of living in Hungary per day is quite low. The cost of a meal at a simple restaurant ranges from 2,000 to 5,000 HUF (about Rp90,000 to Rp225,000), a public transportation ticket costs about 350 HUF (about Rp15,800), and admission fees for tourist attractions vary depending on the location.
Daily Expenses
Accommodation Fees
Accommodation costs in Hungary vary depending on the city and type of housing. In Budapest, a one-bedroom apartment in the city center ranges from 190,000 HUF (about Rp8,500,000) per month, while in the suburbs the price is around 115,000 HUF (about Rp5,100,000) per month.
In cities such as Debrecen, Szeged, Pécs, and Miskolc, rent is lower, ranging from 77,000 HUF (about Rp3,400,000) per month for a one-bedroom apartment.
Additional utility costs are approximately 38,000–57,000 HUF (approximately Rp1,700,000 – Rp2,500,000) per month. Overall, Hungary offers affordable housing options, especially compared to many other European countries.
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Meal cost
The cost of meals in Hungary varies depending on the location and type of food. A meal at a fast-food restaurant costs around 1,500 HUF (about Rp67,000), while a meal at a mid-range restaurant can cost up to 4,000 HUF (about Rp180,000) per person. Groceries at markets or supermarkets are also quite affordable, with prices slightly lower than in Western European countries.
Transportation costs
Public transportation in Hungary is very efficient and affordable. A one-way bus or metro ticket costs about 350 HUF (about Rp15,800), while a monthly pass for public transportation costs about 10,000 HUF (about Rp451,000). Taxis are more expensive, with fares starting at 700 HUF (about Rp31,600) per kilometer.
Insurance Costs
Health insurance in Hungary is essential, especially for expatriates and international students. Health insurance premiums range from 10,000 to 20,000 HUF (approximately Rp451,000 to Rp903,000) per month, depending on the plan selected. This insurance covers visits to a general practitioner, hospitalization, and basic medications.
Miscellaneous expense
Other expenses include entertainment, clothing, and household items. A movie ticket costs about 1,500 HUF (about Rp67,000), and a gym membership costs about 10,000 HUF (about Rp451,000) per month. Consumer goods such as hygiene products and clothing are also relatively inexpensive.
Tips for Saving on Living Expenses in Hungary
To save on living expenses in Hungary, choose accommodations on the outskirts of the city or share a place to live to reduce rent costs. Cook your own meals and shop for groceries at traditional markets, which are cheaper than supermarkets, and take advantage of discounts and promotions.
Use public transportation with a monthly pass, and walk or bike whenever possible. Eating at local restaurants or small eateries, as well as cooking at home, can save you money.
Take advantage of free or low-cost entertainment, such as cultural events in parks, and enjoy public open spaces. Use local clinics for more affordable health care, and make sure you have health insurance.
Shop for clothes and everyday essentials at discount stores and take advantage of end-of-season sales. Use ride-sharing apps and discount websites to save money. With these strategies, you can enjoy a good quality of life in Hungary without spending a lot of money.
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The Most Affordable Cities in Hungary
Hungary has many cities that offer a lower cost of living than Budapest. Here are some of the most affordable cities in Hungary that could be ideal choices for those who want to live on a budget without sacrificing their quality of life.
Debrecen
As Hungary’s second-largest city, Debrecen is known for its renowned university, making it a popular destination for students. The cost of living in Debrecen is lower than in Budapest, with cheaper apartment rents and affordable food prices.
Szeged
Known for its large university and international student community, Szeged offers a relatively low cost of living. The city has a laid-back atmosphere with many affordable cafes, restaurants, and entertainment venues.
Pecs
Pécs is a city with a rich cultural heritage and a renowned university. The city offers a low cost of living, with rent and food prices that are cheaper than in Budapest.
Miskolc
As one of Hungary’s major industrial cities, Miskolc offers a lower cost of living, particularly when it comes to housing and food. The city also has several interesting tourist attractions, such as spa caves.
If you’re looking for a place to live in Hungary with an affordable cost of living, cities like Debrecen, Szeged, Pécs, and Miskolc are excellent choices. In addition to being more affordable, these cities offer adequate amenities and a comfortable living environment.
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