Cost Of Living For a Couple in Hungary 2025

Couple cost of living chart - average monthly expenditure in Hungary

Average Monthly Expenditure

Currency: HUF
290,000 870,000 4.6M
MINIMUM AVERAGE MAXIMUM
$800 $2,400 $13,000

Average monthly spending for couples in Hungary

How much money does a couple need in a month to survive in Hungary?

Couples in Hungary spend around 870,000 HUF per month on average. Depending on the lifestyle, a couple can survive with a monthly budget as low as 290,000 HUF or as high as 4.6M HUF. Location and income are very important factors and have a huge influence on expenditure and budget.

Prices and cost of goods and services in Hungary

Chart showing the prices and cost of grocery, food, restaurant meals, market, and beverages in Hungary

Dining, food, and beverages costs


Fast food combo meal

790 HUF 1,600 HUF 2,600 HUF
MINIMUM AVERAGE MAXIMUM
$2.2 $4.3 $7.2

Restaurant meal for one

2,600 HUF 3,900 HUF 7,900 HUF
MINIMUM AVERAGE MAXIMUM
$7.2 $11 $22

Fine dining meal for one

5,300 HUF 7,900 HUF 32,000 HUF
MINIMUM AVERAGE MAXIMUM
$14 $22 $86

Cappuccino or latte

660 HUF 1,100 HUF 1,600 HUF
MINIMUM AVERAGE MAXIMUM
$1.8 $2.9 $4.3

Grocery and market costs


Milk large bottle

530 HUF 630 HUF 790 HUF
MINIMUM AVERAGE MAXIMUM
$1.4 $1.7 $2.2

12 eggs

390 HUF 530 HUF 790 HUF
MINIMUM AVERAGE MAXIMUM
$1.1 $1.4 $2.2

Fresh whole chicken

890 HUF 1,200 HUF 1,600 HUF
MINIMUM AVERAGE MAXIMUM
$2.5 $3.2 $4.5

Pack of beef

1,100 HUF 1,600 HUF 3,200 HUF
MINIMUM AVERAGE MAXIMUM
$2.9 $4.3 $8.6

Medium bag of rice

420 HUF 580 HUF 820 HUF
MINIMUM AVERAGE MAXIMUM
$1.2 $1.6 $2.2

Bag of tomatos

160 HUF 210 HUF 390 HUF
MINIMUM AVERAGE MAXIMUM
$0.43 $0.58 $1.1

Bag of apples

280 HUF 370 HUF 610 HUF
MINIMUM AVERAGE MAXIMUM
$0.77 $1 $1.7
Chart showing the prices and cost of commute, travel, and transportation in Hungary

Commute, travel, and transportation costs


20 minutes taxi ride

660 HUF 790 HUF 1,600 HUF
MINIMUM AVERAGE MAXIMUM
$1.8 $2.2 $4.3

Average car full tank

3,900 HUF 5,300 HUF 11,000 HUF
MINIMUM AVERAGE MAXIMUM
$11 $14 $29

Average car 1-day rental

3,900 HUF 5,300 HUF 7,900 HUF
MINIMUM AVERAGE MAXIMUM
$11 $14 $22

Average car price

2M HUF 3.9M HUF 5.3M HUF
MINIMUM AVERAGE MAXIMUM
$5,400 $11,000 $14,000

Bus ticket one way

130 HUF 200 HUF 390 HUF
MINIMUM AVERAGE MAXIMUM
$0.36 $0.54 $1.1

Car Service

5,300 HUF 7,900 HUF 16,000 HUF
MINIMUM AVERAGE MAXIMUM
$14 $22 $43
Chart showing the prices and cost of utility, energy, water, and gas for a couple in Hungary

Utility cost (monthly)


Utility Bill - Couple

12,000 HUF 39,000 HUF 260,000 HUF
MINIMUM AVERAGE MAXIMUM
$32 $110 $700

Internet and cable

3,900 HUF 7,900 HUF 11,000 HUF
MINIMUM AVERAGE MAXIMUM
$11 $22 $29

Mobile phone charges

3,200 HUF 5,300 HUF 16,000 HUF
MINIMUM AVERAGE MAXIMUM
$8.6 $14 $43

Leisure and activities costs


Movie ticket

2,000 HUF 2,600 HUF 3,900 HUF
MINIMUM AVERAGE MAXIMUM
$5.4 $7.2 $11

One month gym membership

6,300 HUF 7,900 HUF 16,000 HUF
MINIMUM AVERAGE MAXIMUM
$17 $22 $43
Chart showing the prices and cost of clothing and accessories in Hungary

Cloths and accessories costs


Pair of jeans or pants

4,600 HUF 6,600 HUF 9,800 HUF
MINIMUM AVERAGE MAXIMUM
$13 $18 $27

Woman dress

4,400 HUF 6,100 HUF 20,000 HUF
MINIMUM AVERAGE MAXIMUM
$12 $17 $54

Woman shoes

4,100 HUF 5,600 HUF 13,000 HUF
MINIMUM AVERAGE MAXIMUM
$11 $15 $36

Men's shoes

3,600 HUF 4,400 HUF 8,800 HUF
MINIMUM AVERAGE MAXIMUM
$9.8 $12 $24

Men suit

3,900 HUF 4,900 HUF 26,000 HUF
MINIMUM AVERAGE MAXIMUM
$11 $13 $72

Regular t-shirt

2,000 HUF 2,600 HUF 7,900 HUF
MINIMUM AVERAGE MAXIMUM
$5.4 $7.2 $22
Chart showing the prices and cost of housing, accommodation, and rent in Hungary

Housing costs / monthly rent


Studio apartment

66,000 HUF 98,000 HUF 260,000 HUF
MINIMUM AVERAGE MAXIMUM
$180 $270 $720

1-bedroom apartment

98,000 HUF 160,000 HUF 390,000 HUF
MINIMUM AVERAGE MAXIMUM
$270 $430 $1,100

2-bedroom apartment

130,000 HUF 200,000 HUF 530,000 HUF
MINIMUM AVERAGE MAXIMUM
$360 $540 $1,400

Housing costs / Buying


Studio apartment

13M HUF 20M HUF 39M HUF
MINIMUM AVERAGE MAXIMUM
$36,000 $54,000 $110,000

1-bedroom apartment

16M HUF 26M HUF 98M HUF
MINIMUM AVERAGE MAXIMUM
$43,000 $72,000 $270,000

2-bedroom apartment

26M HUF 79M HUF 160M HUF
MINIMUM AVERAGE MAXIMUM
$72,000 $220,000 $430,000
Chart showing the prices and cost of furniture in Hungary

Furniture Costs


King Size Bed

79,000 HUF 98,000 HUF 130,000 HUF
MINIMUM AVERAGE MAXIMUM
$220 $270 $360

Double Bed

53,000 HUF 79,000 HUF 98,000 HUF
MINIMUM AVERAGE MAXIMUM
$140 $220 $270

Single Bed

46,000 HUF 61,000 HUF 79,000 HUF
MINIMUM AVERAGE MAXIMUM
$130 $170 $220

Living Room

88,000 HUF 110,000 HUF 390,000 HUF
MINIMUM AVERAGE MAXIMUM
$240 $310 $1,100

Dining Table

39,000 HUF 53,000 HUF 98,000 HUF
MINIMUM AVERAGE MAXIMUM
$110 $140 $270

Sofa or Couch

53,000 HUF 72,000 HUF 160,000 HUF
MINIMUM AVERAGE MAXIMUM
$140 $200 $430
Chart showing the prices and cost of electronic devices and appliances in Hungary

Electronics and House Appliance Costs


TV Set

53,000 HUF 79,000 HUF 160,000 HUF
MINIMUM AVERAGE MAXIMUM
$140 $220 $430

Fridge or Freezer

46,000 HUF 72,000 HUF 98,000 HUF
MINIMUM AVERAGE MAXIMUM
$130 $200 $270

Washing Machine

61,000 HUF 88,000 HUF 160,000 HUF
MINIMUM AVERAGE MAXIMUM
$170 $240 $430

Stove or Cooker

56,000 HUF 72,000 HUF 98,000 HUF
MINIMUM AVERAGE MAXIMUM
$150 $200 $270

Mobile Phone

66,000 HUF 79,000 HUF 110,000 HUF
MINIMUM AVERAGE MAXIMUM
$180 $220 $310

Laptop or Computer

72,000 HUF 88,000 HUF 160,000 HUF
MINIMUM AVERAGE MAXIMUM
$200 $240 $430
Couple cost of living and expenditure to income ratio in Hungary

Couple expenditure to income ratio in Hungary

Analysing the how affordable it is for couples to live in Hungary

One of the most definite ways to determine how affordable a place is measuring the ratio of expenses to salary. A high expense-to-income to ratio indicates a high cost-of-living index while a low expenditure-to-salary ratio means the place is affordable to live in. Couples usually spend a larger chunk of their income than other population groups. A typical and healthy expenditure percentage for a couple of four ranges between 70% to 80%.


Spending to Income Ratio

80%

72% to 88%

( expenditure / income ) x 100


Couples in Hungary spend around 80% of their monthly income. Some couples spend as low as 72% of their income while some as high as 88%.

Distribution of monthly cost of living expenses of a couple in Hungary

How do couples spend their money in Hungary?

We asked thousands of couples about their spending habits and expenditure break down.


The percentage figures in this section are percentages of total spending not income. If you would like to see the percentage of expenses as related to income or salary, see other sections.

Housing and accomodation expenditure for couples

Accomodation Cost29%

29% of total expenses on average (22% to 39%)

LOW$270   99,000 HUF
AVERAGE$810   300,000 HUF
HIGH$4,300   1.6M HUF
Per Month

Couples in Hungary typically spend from 22% to 39% of their total monthly expenditure on housing with 29% being the average. The average monthly spend on housing is 300,000 HUF with expenditure ranging from 99,000 HUF to 1.6M HUF. This cost mainly goes for rent but it also includes other accommodation-related expenses.

Electricity, utilities, energy, water, internet, and mobile expenditure for couples

Cost of utilities7%

7% of total expenses on average (5% to 11%)

LOW$32   12,000 HUF
AVERAGE$110   39,000 HUF
HIGH$700   260,000 HUF
Per Month

Utility expenditure like electricity, water, and gas in Hungary ranges from 5% to 11% of total expenses with 7% being the average for most couples. The average monthly cost of utilities is 39,000 HUF with 12,000 HUF and 260,000 HUF being the upper and lower limits for a couple of four.

Transport, fuel, and commute expenditure for couples

Cost of transport and fuel10%

10% of total expenses on average (4% to 15%)

LOW$96   35,000 HUF
AVERAGE$290   100,000 HUF
HIGH$1,500   560,000 HUF
Per Month

Fuel consumption and cost of transport depend heavily on whether a couple resides near school and work, but roughly speaking a couple would expect to spend from 35,000 HUF to 560,000 HUF in a month on commuting with 100,000 HUF being the norm for most couples. This means that money spent on transport constitutes about 10% of total spending on average but can go as low as 4% or as high as 15%.

Food, groceries, and basic shopping expenditure for couples

Food and Groceries Cost16%

16% of total expenses on average (11% to 21%)

LOW$110   41,000 HUF
AVERAGE$330   120,000 HUF
HIGH$1,800   650,000 HUF
Per Month

The average outlay on groceries and basic houshold items for a typical couple in a month in Hungary is 120,000 HUF. The cost of groceries can range between 41,000 HUF to 650,000 HUF. Couples spend on average about 16% on food and groceries with upper and lower bounds of 11% and 21% respectively.

Healthcare and medical services expenditure for couples

Cost of healthcare13%

13% of total expenses on average (7% to 17%)

LOW$88   32,000 HUF
AVERAGE$260   96,000 HUF
HIGH$1,400   510,000 HUF
Per Month

Couples in Hungary allocate 7% to 17% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending on medical services and clinic visits is around 13%. The range of medical expenses range from 32,000 HUF to 510,000 HUF with 96,000 HUF being the norm for most couples.

Leisure and shopping expenditure for couples

Cost of leisure and shopping4%

4% of total expenses on average (2% to 7%)

LOW$48   17,000 HUF
AVERAGE$140   52,000 HUF
HIGH$760   280,000 HUF
Per Month

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 17,000 HUF to 280,000 HUF with 52,000 HUF being the average. Speaking of percentages, that equates to 2% to 7% of total expenses with an average of 4% for most couples.

Education and schooling expenditure for couples

Cost of education and schooling2%

2% of total expenses on average (1% to 4%)

LOW$16   5,800 HUF
AVERAGE$48   17,000 HUF
HIGH$250   93,000 HUF
Per Month

Spending on education can vary drastically between different couples. On average, education constitutes 2% of the monthly expenditure of couples with 1% and 4% being the lower and upper bounds respectively. The average reported education cost is 17,000 HUF per month with 5,800 HUF being the minimum spent amount and 93,000 HUF being the maximum.

Other Expenses19%

19% of total expenses on average (13% to 25%)

LOW$140   49,000 HUF
AVERAGE$410   150,000 HUF
HIGH$2,200   790,000 HUF
Per Month
Reasons that make it difficult for couples to save money in Hungary

Saving Challenges in Hungary

Reasons that make it difficult for couples to save money

We wanted to understand what is stopping couples from maximizing their savings in Hungary. Listed below are the answers given by the survey participants.


Reason% People
Low Income6%
High Expenses9%
Debt and Loans17%
Lack of Budgeting Skills11%
Impulsive Spending10%
Financial Emergencies6%
Living the moment6%
Will do it later18%
Inflation11%
Social Pressure3%
Market Instability3%

Around 6% of the couples said that their salary is too low to accommodate a portion for savings while 9% said that the high cost of living leaves little room for savings. 17% of the residents said that they are burdened with debt and find it challenging to save money. 11% reported that they just don't have the knowledge or discipline to create and stick to a budget, leading to overspending and an inability to save. 10% of couples blamed impulsive spending as the reason for saving inability. Around 6% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 6% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 18% reported that they understand the value of saving but are putting off saving for the future, thinking they have plenty of time to start later. 11% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 3% said that social pressure and keeping up with peers or social expectations makes them overspend. Lastly, 3% blamed market instability and price fluctuations.

Percentage of couples who manage to save money from their income every month in Hungary

What percentage of couples in Hungary are able to save money and how much can they save?


Percentage of couples that reported their ability to save money


Saving Money
60%
Not Saving
40%

Almost 60% of surveyed couples in Hungary said that they can save some money at the end of each month while 40% reported that they have to utilize their whole income to survive.


Couple savings to income ratio in Hungary

Savings-to-Income Ratio

The savings-to-income ratio is measured as the percentage of income that people save over a specific period and it is simply calculated by dividing the saved money by total income and then multiplying the result by 100. (Savings / Income) x 100.


How much money do couples manage to add to their savings?

The amount of money that people can afford to save depends hugely on their income. It is better to focus on the percentage when trying to understand saving patterns.

Saving to Income Ratio

12% 20% of income 32%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

100,000 HUF
$280
310,000 HUF
$850
1.7M HUF
$4,500
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for couples

Saving To Income Ratio% Couples
0% - 10%34%
10% - 20%26%
20% - 30%19%
30% - 40%10%
40% - 50%9%
> 50%3%

Interpretation and Analysis

Couples that are able to save money can put anywhere from 12% to 32% of their monthly income to their savings, with 20% being the average for most couples. The average monthly amount of money that couples can put aside is 310,000 HUF with 100,000 HUF and 1.7M HUF being the minimum and maximum respectively.

Income and cost of living compatibility. Is it affordable or economical for couples to live in Hungary

Affordable living in Hungary

Income and cost of living compatibility

We asked couples one simple question and recorded their answers.

Is it affordable or economical to live in Hungary?


Yes
66%
No
34%

Around 66% of surveyed couples think that living in Hungary is affordable with proper budgeting while 34% reported that it is just too expensive and not affordable even with frugality and thriftness.

Where do couples choose to put their savings in Hungary

Typical saving choices for couples in Hungary

Where do people choose to put their savings?


Saving Type% People
Emergency Funds11%
Gold11%
Savings Accounts17%
Retirement Accounts11%
Cash Savings17%
Real Estate10%
Investment6%
Stocks6%
Bonds6%
Mutual Funds3%
Certificates of Deposit3%
A typical and healthy budgeting structure. The 50-30-20 rule

A typical and healthy budgeting structure

The 50/30/20 rule

Spending among different people can vary significantly based on factors such as their income, lifestyle, location, and personal preferences. A commonly used guideline for budgeting is the 50/30/20 rule, which suggests allocating your income into three main categories in the following percentages.

  • 50% for needs and financial obligations

    This category includes essential expenses like housing, utilities, groceries, transportation, and healthcare.

  • 30% for wants and discretionary spending

    This category covers discretionary spending on non-essential items, such as dining out, entertainment, travel, and other lifestyle choices.

  • 20% for savings and emergency fund

    This is the percentage that must be allocated to savings, emergency funds, and retirement accounts.

About financial planning, money management, and household budgeting

The 50/30/20 rule is used as a general guideline but may not be the best choice for all people. There are in fact many budgeting plans out there like the 70/20/10 and the 60/20/20 rules, all claiming to be the best. More important than all of this is to establish financial discipline by creating a budget tailored to your specific financial goals and situation. It is very important that your financial outflow be less than your income to maintain a healthy cash flow.

How easily is cost-cutting for couples. Are there plenty of low-cost options in Hungary

Low-cost alternatives in Hungary

People are always looking for ways to cut down expenses and reduce expenditures. The hallmark of any affordable place is the availability of discount stores, bargain deals, smart or secondhand shopping, refurbished items, and couponing. We asked couples how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options60%

Few low-cost options40%


Based on the survey, 60% of the couples living in Hungary have no problem finding low-cost alternatives to support a frugal lifestyle while 40% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Emergency Funds For Couples

An emergency fund is a financial safety net comprised of easily accessible savings set aside to cover unexpected expenses or financial emergencies, typically amounting to three to six months' worth of living expenses. We asked couples whether they have an emergency fund and the answers were as follows.

Yes66%

No34%


Based on the survey, 34% of the couples living in Hungary said that they don't have an emergency fund while 66% said that they do.

Financial literacy and difficulty in budgeting and financial planning for couples in Hungary

Financial Literacy in

Financial literacy is the knowledge of concepts and principles related to personal finance that allow individuals to make informed decisions regarding their money such as budgeting, saving, investing, borrowing, managing debt, financial risk management, and planning.

Financial Leteracy61%


We asked couple guardians and parents in Hungary whether they acquired any adequate personal financial training in their lives. Approximately 39% of the people who participated in the survey said that they are not well informed about the topics of budgeting, saving, etc., and just manage things based on their own experience, while 61% said that they know about the general principles of personal finance from sources other than their own experience.


Difficulty in Budgeting and Financial Planning

We wanted to understand whether couples of have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 30% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 70% said that they have everything under control.

Struggles with finance30%

Easily manages finances70%

Monthly costs and expenses of energy and basic utilities in Hungary

Utilities expenditure can vary slightly between different areas and locations.


Energy, electricity, water, gas, internet, and mobile cost in Hungary

Utility Bill Cost / Electricity + Water + Gas / Couple

12,000 HUF 39,000 HUF 260,000 HUF
MINIMUM AVERAGE MAXIMUM
$32 $110 $700

Internet and cable cost

3,900 HUF 7,900 HUF 11,000 HUF
MINIMUM AVERAGE MAXIMUM
$11 $22 $29

Mobile phone bill and charges

3,200 HUF 5,300 HUF 16,000 HUF
MINIMUM AVERAGE MAXIMUM
$8.6 $14 $43

Because most utility bills club electricity, water, and gas costs in one bill, we can't provide a breakup for each type of utility and will display electricity, gas, and water as single cost.


The average monthly energy and water consumption of couples is around 39,000 HUF. The cost of internet and WiFi ranges from 3,900 HUF to 11,000 HUF with 7,900 HUF being the average internet bill. Finally, the average monthly mobile charges is around 5,300 HUF but can range between 3,200 HUF and 16,000 HUF depending on consumption. Mobile charges include both calling minutes as well as data packages.


Energy / Utility expense to income ratio


( monthly utility expenses / monthly income ) x 100


3% 6% of income 10%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Hungary is around 6%. This means that people pay 6% of their income for energy, water, internet, and mobile charges. Those figures can range from 3% to 10% depending on salary and location.

Financial goals and targets of couples living in Hungary

Financial goals of couples in Hungary

In an attempt to understand the economic situation in Hungary, we asked participants about their financial targets. By knowing what the population in general is trying to achieve, we can shed light on the economic outlook, cost of living, and quality of life in general.


Financial Goal% People
Emergency Fund7%
Debt Reduction35%
Retirement Savings8%
Education Funding8%
Homeownership17%
Investing8%
Travel or Lifestyle10%
Healthcare Expenses10%
Financial Independence8%

Around 7% of couples said that their main goal is to establish an emergency fund to cover unexpected expenses while 35% said their number one priority is to pay off high-interest debt or loans and improve credit. 8% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 8% reported that their priority is saving for the tuition fees and education costs of their children while 17% choose to buy a home or pay off existing mortgage before other things. 8% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 10% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 10% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Chart showing the percentage of couples who are in debt in Hungary

Debt, loans, and mortgages in Hungary


Percentage of couples who are in debt


In Debt
24%
Debt Free
76%

According to the survey, 24% of the couples in Hungary have some kind of debt, loan, mortgage, or credit card payments while 76% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Hungary

Debt-to-income ratio in Hungary

Debt to income ratio

29%

20% to 38%

( monthly debt payment / monthly income ) x 100

Interpretation

The debt-to-income ratio measures the percentage of income being paid as debt settlement across the population. It is calculated by dividing the monthly debt settlement payment of an individual by their monthly income. Based on collected data, approximately 29% of a couple's monthly income in Hungary goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%3%
50% - 60%13%
40% - 50%12%
30% - 40%14%
20% - 30%14%
10% - 20%17%
0% - 10%27%

According to our data, 3% of the debtors in Hungary pay 60%+ of their income as debt settlement while 13% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 12% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 14% dedicated 30% to 40% of income for same. Things are looking brighter for 14% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in Hungary

Debt% People
Real Estate Mortgage12%
Auto Loan21%
Student Loan3%
Credit Card26%
Personal Loan38%

12% of debtors in Hungary confirm that real estate mortgages constitutes the main part of their outstanding debt while 26% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 21% of people and personal loans rose at 38%. Lastly, student loans are the main source of debt for 3% of debtors in Hungary.


About credit score and debt management

Managing debt is a critical aspect of maintaining a favorable credit score. Debt reduction is the first thing you should do improve your financial situation. Getting rid of debt takes precedence over saving money because of interest rates.

Good debt vs. Bad debt

Not all debt is bad. Good debt typically refers to borrowing money for investments that can increase in value or generate income over time like purchasing a home or acquiring student loans. On the other hand, bad debt involves borrowing for things that fail to generate lasting value like high-interest credit card debt used for non-essential expenses like luxury items or vacations.


Loan Affordability Index in Hungary

Besides measuring the loan-to-income ratio, we asked couples how many times in a year they defaulted or were unable to pay their due credit card or loan payments on time. Understanding how often people default on their due payments is one of the indicators of the cost of living and economic situation.

Frequency and percentage of people who failed to pay their monthly credit card or loan payments on time last year.

Frequency% People
Never54%
Once a year22%
Twice a year12%
Three times a year8%
Four times a year4%
Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Hungary

Housing costs, accommodation, and housing affordability in Hungary

Rental costs and house/apartment prices can vary drastically between different areas and locations.


Rent Cost in Hungary

Monthly Rent Prices

Studio apartment monthly rent cost

66,000 HUF 98,000 HUF 260,000 HUF
MINIMUM AVERAGE MAXIMUM
$180 $270 $720

1-bedroom apartment monthly rent cost

98,000 HUF 160,000 HUF 390,000 HUF
MINIMUM AVERAGE MAXIMUM
$270 $430 $1,100

2-bedroom apartment monthly rent cost

130,000 HUF 200,000 HUF 530,000 HUF
MINIMUM AVERAGE MAXIMUM
$360 $540 $1,400

3-bedroom apartment monthly rent cost

160,000 HUF 260,000 HUF 720,000 HUF
MINIMUM AVERAGE MAXIMUM
$430 $720 $2,000

Furnished apartment monthly rent cost

320,000 HUF 790,000 HUF 1.6M HUF
MINIMUM AVERAGE MAXIMUM
$860 $2,200 $4,300

Townhouse monthly rent cost

260,000 HUF 390,000 HUF 1.1M HUF
MINIMUM AVERAGE MAXIMUM
$720 $1,100 $3,100

House monthly rent cost

320,000 HUF 790,000 HUF 1.6M HUF
MINIMUM AVERAGE MAXIMUM
$860 $2,200 $4,300

Villa monthly rent cost

390,000 HUF 980,000 HUF 1.6M HUF
MINIMUM AVERAGE MAXIMUM
$1,100 $2,700 $4,300

The monthly rental cost of a studio apartment in Hungary ranges between 66,000 HUF and 260,000 HUF, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 98,000 HUF to 390,000 HUF. Two-bedroom rentals rate ranges between 130,000 HUF and 530,000 HUF per month. The monthly rental for a three-bedroom apartment ranges from 160,000 HUF to 720,000 HUF. The average rent of a townhouse in Hungary is around 390,000 HUF while house rental costs can be as high as 790,000 HUF per month. Finally, if you want to rent a villa, expect to pay anywhere from 390,000 HUF to 1.6M HUF per month.



Apartment and house prices in Hungary

Cost of buying a property

Studio apartment price

13M HUF 20M HUF 39M HUF
MINIMUM AVERAGE MAXIMUM
$36,000 $54,000 $110,000

1-bedroom apartment price

16M HUF 26M HUF 98M HUF
MINIMUM AVERAGE MAXIMUM
$43,000 $72,000 $270,000

2-bedroom apartment price

26M HUF 79M HUF 160M HUF
MINIMUM AVERAGE MAXIMUM
$72,000 $220,000 $430,000

3-bedroom apartment price

88M HUF 130M HUF 390M HUF
MINIMUM AVERAGE MAXIMUM
$240,000 $360,000 $1.1M

Townhouse price

110M HUF 260M HUF 980M HUF
MINIMUM AVERAGE MAXIMUM
$310,000 $720,000 $2.7M

House price

130M HUF 790M HUF 1,100M HUF
MINIMUM AVERAGE MAXIMUM
$360,000 $2.2M $3.1M

Villa price

160M HUF 880M HUF 1,300M HUF
MINIMUM AVERAGE MAXIMUM
$430,000 $2.4M $3.6M

The average price of a studio apartment in Hungary can range from 13M HUF to 39M HUF depending on location. One bedroom cost can be anywhere from 16M HUF to 98M HUF. A villa can cost you 880M HUF on average with prices ranging from 160M HUF to 1,300M HUF.


If you're leasing or purchasing, housing costs in Hungary will probably constitute your biggest expenditure, yet it's an area where you wield considerable influence. This is due to the substantial variance in housing prices across communities. Keep in mind the location of your workplace and the accessibility of essential amenities to prevent negating the savings from lower rental rates with increased transportation expenses.

House / apartment prices to income ratio


Property price to income ratio

( average property price / average monthly income ) x 100


38 x111 monthly income 206
MINIMUM AVERAGE MAXIMUM

Property prices in Hungary can be x111 to x206 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x111 multiples of the average monthly salary in Hungary.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


21% 31% of income 41%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Hungary is around 31%. This means that people pay 31% of their income for rent. Those figures can range from 21% to 41% depending on the salary, location, and type of property.


The housing-to-income ratio is a very important metric to evaluate and measure how affordable living is in a particular area, city, or country since housing comprises the biggest chunk of expenditure. A higher housing to income ratio means that the place is relatively expensive. The figure by itself does tell much. It only starts to make sense when comparing the housing to income ratio across different locations.

Housing affordability index

The housing affordability index measures how affordable accommodation is in a particular place. This can measured in multiple ways, the most common being housing expenditure to total expenditure ratio and the rent to income ratio. The housing expenditure ratio is a figure reported by individuals on the percentage they allocate for housing. Rent to income ratio is calculated by dividing the average monthly rent by the average income. Because these values are both percentages, we can find their average and get the best of the two worlds.

Housing Affordability Index
29%

Property Taxes

Real estate owners pay property taxes to local tax authorities, which are determined by the assessed value of their property. Typically, these taxes are paid once a year. Property tax funds contribute to community development, financing infrastructure improvements, public services, and local education initiatives.


FROM
2.1%
AVERAGE
3.1%
TO
4.1%

Home Maintenance Costs

Home maintenance costs encompass various expenses associated with the upkeep and repair of a residence. These expenditures include regular tasks such as lawn care, pest control, and HVAC system servicing, as well as occasional repairs and renovations like fixing leaks, painting, or replacing appliances.


1,200 HUF 15,000 HUF 150,000 HUF
MINIMUM AVERAGE MAXIMUM

Urban vs. rural living costs

Urban living typically entails higher housing and transportation costs due to demand and limited space, while rural areas generally offer lower housing expenses but may have higher prices for goods and services. The differnce in rental rates between urban areas and rural areas can be as high as 300% in some cases.

Food Prices, Dining Expenses, and Grocery Costs in Hungary

Grocery / Food expenditure and prices can vary drastically between different areas and locations.


Prices and cost of goods and services in Hungary

Dining out, food, and beverages costs. Price variations for common food items.

Fast food combo meal price

790 HUF 1,600 HUF 2,600 HUF
MINIMUM AVERAGE MAXIMUM
$2.2 $4.3 $7.2

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Hungary is approximatly 1,600 HUF with meal cost ranging from 790 HUF to 2,600 HUF. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

2,600 HUF 3,900 HUF 7,900 HUF
MINIMUM AVERAGE MAXIMUM
$7.2 $11 $22

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 2,600 HUF and 7,900 HUF with 3,900 HUF being the average price of a plate for one person at a regular restaurant in Hungary.

Fine dining meal for one price

5,300 HUF 7,900 HUF 32,000 HUF
MINIMUM AVERAGE MAXIMUM
$14 $22 $86

The price range of a meal at fine-dining restaurant is 5,300 HUF to 32,000 HUF with the average cost being 7,900 HUF for one person. This is what you would expect to pay a top-tier diner in Hungary.

Beverage prices, cappuccino, latte etc..

660 HUF 1,100 HUF 1,600 HUF
MINIMUM AVERAGE MAXIMUM
$1.8 $2.9 $4.3

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Hungary is around 1,100 HUF. Price ranges between 660 HUF and 1,600 HUF depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

530 HUF 630 HUF 790 HUF
MINIMUM AVERAGE MAXIMUM
$1.4 $1.7 $2.2

The average price of a large bottle of milk in Hungary is 630 HUF. The maximum what you would pay for milk is 790 HUF and the minimum being 530 HUF depending on the brand of milk and other properties.

12 eggs price

390 HUF 530 HUF 790 HUF
MINIMUM AVERAGE MAXIMUM
$1.1 $1.4 $2.2

A dozen eggs costs around 530 HUF on average with 390 HUF and 790 HUF being the lower and upper limits respectively.

Fresh whole chicken price

890 HUF 1,200 HUF 1,600 HUF
MINIMUM AVERAGE MAXIMUM
$2.5 $3.2 $4.5

The price range of a fresh whole chicken in Hungary is between 890 HUF and 1,600 HUF depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 1,200 HUF.

Pack of beef price

1,100 HUF 1,600 HUF 3,200 HUF
MINIMUM AVERAGE MAXIMUM
$2.9 $4.3 $8.6

The price of a regular pack of beef or meat is around 1,600 HUF. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

420 HUF 580 HUF 820 HUF
MINIMUM AVERAGE MAXIMUM
$1.2 $1.6 $2.2

A bag of rice in Hungary costs around 580 HUF on average with prices rangeing between 420 HUF and 820 HUF depending on the brand and quality.

Bag of tomatos price

160 HUF 210 HUF 390 HUF
MINIMUM AVERAGE MAXIMUM
$0.43 $0.58 $1.1

A bag of tomatoes costs anywhere from 160 HUF to 390 HUF. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

280 HUF 370 HUF 610 HUF
MINIMUM AVERAGE MAXIMUM
$0.77 $1 $1.7

A bag of apples costs 370 HUF on average. A bag of apples denotes 1Kg or 1lb depending on location.


Grocery and food expenditure to income ratio


( monthly grocery expenses / monthly income ) x 100


18% 26% of income 32%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Hungary is around 26%. This means that couples spend 26% of their income on grocery and basic household items. The expenditure can range from 18% to 32% depending on salary and location.


Expenditure on food and grocery for couples

Couples' spending on grocery ranges from 41,000 HUF to 650,000 HUF with the location, income, and size of the couple being the most determinite factors.

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