Cost of Living in Hungary

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.

Is the cost of living in Hungary high?

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

"Well that depends on your life style. Approximately on the average 1,500 euros - 2,000 euros per month on the high end including lots of travel. This monthly living expense is after a property purchase," explained one expat living in Budapest.

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

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Will I save money living in Hungary?

"It exceeded my expectations. I could not afford to live on my SS in the US - here I have a comfortable life," wrote a person living in Budapest.

"Yes! While AFA/VAT (aka sales tax) is 27% (lower now on some items like pork etc), items are in most cases cheaper than in the US. Some items are not so much like electronics," explained one expat living in Budapest.

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What is the average cost of housing in Hungary?

If you are thinking about moving to Hungary, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The cost of housing in Hungary varies depending on the location and type of accommodation. Generally, renting an apartment in Hungary can cost anywhere from around €200 to €1,000 per month, while buying a property can range from €50,000 to €500,000," said one person in Hungary.

"I would say outside the city lower but inside the city normal for most US cities and lower for cities like NYC and DC. The average cost for a 1200 square ft. apartment is around the same price usds. If you get a good deal that would include utilities. We pay 720. usds on the average for a 1 bedroom apartment including utilities. We were lucky," remarked one expat in Budapest.

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What are typical rental prices for expats in Hungary?

"The rental price for a nice 1 bedroom apartment in Hungary can vary depending on the location and amenities, but generally ranges from around $400 to $800 per month. For a nice 2 bedroom apartment, the rental price can range from around $600 to $1,200 per month," commented one expat living in Hungary.

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What appliances are typically included in a rental?

We asked foreigners in Hungary what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

"In Hungary, rental properties typically include a refrigerator, stove, oven, and washing machine. Other common appliances may include a dishwasher, microwave, and air conditioning unit. Depending on the property, some landlords may also provide furniture and other amenities," wrote one expat.

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Cost of Living in Hungary

Is the cost of living in Hungary high?

Will I save money living in Hungary?

What is the average cost of housing in Hungary?

What are typical rental prices for expats in Hungary?

What appliances are typically included in a rental?

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