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Cost of Living in Hungary | Expat Exchange
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Liberty Bridge in Budapest

Cost of Living in Hungary

By Betsy Burlingame

Last updated on May 21, 2023

Summary: The cost of living in Hungary is generally considered to be quite affordable. A nice 1 bedroom apartment in Hungary can cost anywhere from $400 to $800 per month, while a nice 2 bedroom apartment can cost from $600 to $1,200 per month. The cost of dinner at a moderately priced restaurant in Hungary is usually around $15 to $20 per person.

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Is the cost of living in Hungary high?

We asked people how much they someone comfortably live on in Hungary, they wrote:

"The cost of living in Hungary is generally considered to be quite affordable. Prices for basic necessities such as food, transportation, and housing are generally lower than in other European countries. Eating out in restaurants is also relatively inexpensive, and there are plenty of affordable options for entertainment. Overall, Hungary is a great place to live if you are looking for a budget-friendly destination," said one expat in Hungary.

"$2000 USD will do it but be mindful it doesn't cover major medical or other expenses," remarked one in Budapest.

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Will I save money living in Hungary?

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About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

Liberty Bridge in Budapest

Mondly by Pearson
Mondly by Pearson

Fun, easy and effective language courses designed by language experts. Learn 41 languages from your native language. Anytime, anywhere, on any device.
Learn More

Mondly by PearsonMondly by Pearson

Fun, easy and effective language courses designed by language experts. Learn 41 languages from your native language. Anytime, anywhere, on any device.
Learn More

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Help others in Hungary by answering questions about the challenges and adventures of living in Hungary.

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