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Cost of living in Hungary

What a month costs, how prices compare with other countries, and where the money goes

#51 by cost of living in the world#30 in Europe

Monthly cost in Hungary

Spending runs from HUF 141,000 a month in the poorest fifth to HUF 688,000 in the richest

Per person, whole country

HUF 306,000

what a typical person spends in a month

Spending across the population

poorest 20%
HUF 141,000
richest 20%
HUF 688,000

Where people spend money in Hungary

One person's out-of-pocket spending, averaged across the whole country

Housing
HUF 69,20023%
Groceries
HUF 51,20017%
Other
HUF 50,90017%
Transport
HUF 36,00012%
Dining out
HUF 28,4009%
Leisure & culture
HUF 22,9008%

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Key facts

The cost of living in Hungary in numbers

Housing takes an unusual share of the budget

It absorbs 22.6% of spending here, or HUF 69,200 a month, against 18.4% in a typical country, 4.2 points more.

Typical spending takes 77% of the average wage

A typical person spends HUF 306,000 a month while the average take-home wage is HUF 398,000, so 23% of an average wage sits above what a typical person spends.

How living costs in Hungary compare

Neighbours, region and the world on the same monthly figure

monthly spend · % vs Hungary
1Austria
HUF 751,000+145%
2Slovenia
HUF 486,000+59%
3Slovakia
HUF 424,000+39%
4Croatia
HUF 376,000+23%
5Romania
HUF 350,000+14%
6Hungary
HUF 306,000
7Serbia
HUF 227,000-26%
8Ukraine
HUF 87,500-71%

What things cost here

How much the same goods and services cost in Hungary against other countries

More expensive than 63% of countries

Where Hungary sits when every country is lined up from cheapest to most expensive

cheapest
Pakistan
most expensive
Bermuda
world
middle

A basket of goods and services that costs HUF 305,000 at world-middle prices costs HUF 352,000 here.

Data source: household consumption 2023 (World Bank), International Comparison Program 2021 (World Bank), category breakdown 2022 (Eurostat), adjusted to 2026 using IMF GDP-per-capita growth

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What it costs to live in Hungary

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Cost of living in Hungary

HUF 141,000/mo

vs HUF 244,000 in your country

Take-home

HUF 260,000

vs HUF 366,000 in your country

Potential savings

HUF 119,000

more than in your country

Standard of living

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Frequently asked questions

What is the cost of living in Hungary?

A typical person in Hungary spends about HUF 306,000 a month — around HUF 3,670,000 a year — on housing, groceries, transport and other everyday costs. It's a nationwide average across different regions, cities and types of housing.

What is the standard of living in Hungary?

By spending, Hungary ranks #51 of 185 countries. A typical person spends about HUF 306,000 a month, the poorest 20% about HUF 141,000 and the richest 20% about HUF 688,000. The gap between them shows how unevenly people live.

What is the cost of living in Hungary in US dollars?

The cost of living in Hungary is about $1,004 a month, or roughly $12,048 a year per person.

How much money do you need to live comfortably in Hungary?

It all depends on your standard of living. A modest budget runs about HUF 141,000 a month per person, a typical one around HUF 306,000, and a comfortable life around HUF 408,000. In big cities and for a family, costs are usually higher.

What do people spend the most on in Hungary?

The biggest expense is housing, at about HUF 69,200 a month (23% of spending). Then come groceries (HUF 51,200, 17%) and transport (HUF 36,000, 12%).

Is the average salary in Hungary enough to live on?

In most cases yes, but without much of a cushion. Average spending is about HUF 306,000 a month, while the average take-home pay in Hungary is about HUF 398,000. For more on incomes, see salaries in Hungary.

Is Hungary an expensive country to live in?

Yes. Hungary is more expensive than 73% of countries worldwide and ranks 30th of 41 in Europe by cost of living.

What currency is used in Hungary?

Hungary uses the Hungarian Forint (HUF). Amounts on this page are shown in it; the currency switcher converts them.

Where to live?

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Living in Hungary

See the full country overview