Cost of Living in Hungary

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.

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," said one person in Budapest.

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

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Will I save money living in Hungary?

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About the Author

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.