Retire in Budapest, Hungary

Retire in Budapest

Last updated on Apr 04, 2023

Summary: Budapest, Hungary is a popular destination for retirees due to its vibrant culture, stunning architecture, and affordable cost of living. The weather in Budapest is generally mild, with temperatures ranging from an average low of 33°F in January to an average high of 75°F in July. There are several retirement communities in Budapest, offering a variety of amenities such as swimming pools, fitness centers, and social activities. The cost of a nice two bedroom home in Budapest is typically around $100,000 USD, while a nice three bedroom home can cost around $150,000 USD.

What is it like to retire in Budapest?

"Yes there is an active expat community in Hungary. The foreigners living in Hungary is growing by the year because some people are here for work but then stay much longer until they retire because they like the living circumstances in Hungary.In re," said one retiree in living in Budapest, Hungary.

"It is a great city, culturally, recreation and schools. However as other major cities the air is not so clean all the time. Many events are held and traffic is shut down. Public trans while not cheap it is a fair deal and monthly passes or higher is the way to go," explained a retiree in Budapest.

Answer Question & View More Answers

Allianz Care
Get Quote

Allianz Care's plans ensure that you have access to quality healthcare whenever you need it. Our flexible solutions allow you to tailor your cover to meet your needs and budget. You can submit your claims digitally and our helpline is available 24/7 to help you anytime.

Allianz Care

What advice do overseas retirees have for others considering retiring abroad?

Please login to continue reading this article.

Not a member? Join Today (it's free).

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.