Quick Answer: How Much To Live In Budapest A Month?

How much money do you need to live in Budapest?

In general, a single person can live reasonably in Budapest for around 175,000 HUF per month, not including rent. A two-bedroom apartment in a central location and good condition starts around 240,000 HUF. The better the location, the newer the appliances and the larger space, the more you can expect to pay.

Is Budapest expensive to live in?

Budapest has long had a reputation for being an affordable city, but beware! Budapest is not all that cheap any longer. However, Budapest has an almost 55% lower cost of living than New York City, USA. In general, a single person can live nicely in Budapest for around 165,000 HUF per month, not including rent.

How much does it cost to live in Hungary per month?

What are general living expenses like in Hungary?

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Total living expenses in Szeged⁷ Average cost
1 person, per month (without rent) 158,601 Ft
4 person family, per month (without rent) 535,373 Ft
Utilities, basic, for 85m² apartment 46,963 Ft

How much money do you need to live in Hungary?

Summary: Family of four estimated monthly costs are 1,948$ (575,775Ft) without rent. A single person estimated monthly costs are 574$ (169,747Ft) without rent. Cost of living in Hungary is, on average, 39.78% lower than in United States.

How much is average rent in Budapest?

Cost of Living in Budapest, Hungary

Food Price [EDIT]
1 bedroom flat (40 m2) rent per month 437.00 USD
1 bedroom flat (40 m2) utilities per month 70.00 USD
2 bedroom flat (80 m2) rent per month 730.00 USD
2 bedroom flat (80 m2) utilities per month 145.00 USD

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How much does a house cost in Budapest?

Budapest has the most expensive housing in Hungary, with the average price of second-hand homes reaching HUF 34.1 million (€ 94,659) in Q1 2020. It was followed by Pest, with an average house price of HUF 24.3 million (€ 67,455).

Can I drink water in Budapest?

Budapest portál | In Budapest the tap water is healthy and safe to consume – In Hungary drinking water is the most strictly controlled food.

What is the minimum wage in Budapest?

As of 2021, the minimum salary in Budapest, Hungary is of 167400 HUF or roughly €466 euros per month gross for unskilled labor. The minimum wage for skilled workers is of 219,000 HUF or approximately €609. These salaries are valid not only for Budapest, but also nationwide.

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How much is a meal in Budapest?

While meal prices in Budapest can vary, the average cost of food in Budapest is Ft5,688 per day. Based on the spending habits of previous travelers, when dining out an average meal in Budapest should cost around Ft2,275 per person. Breakfast prices are usually a little cheaper than lunch or dinner.

How much does it cost to buy an apartment in Budapest?

A single person estimated monthly costs are 612$ (180,851Ft) without rent. Budapest is 54.63% less expensive than New York (without rent ). Rent in Budapest is, on average, 82.28% lower than in New York. Cost of Living in Budapest.

Restaurants Edit
Buy Apartment Price Edit
Price per Square Feet to Buy Apartment in City Centre 96,432.87Ft

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Is Hungary a poor country?

Even though the country has a very high standard of living, many of its people live in poverty. Fewer people live in poverty in Hungary than the EU average. While the average number of people living below the poverty line in the EU is 17%, this number in Hungary is 14.6%.

How much is a coffee in Budapest?

A shot of espresso: 300 – 450 HUF (or more if you drink only new wave/specilaty coffee ).

What is a good salary in Hungary?

A person working in Hungary typically earns around 493,000 HUF per month. Salaries range from 125,000 HUF (lowest average ) to 2,200,000 HUF (highest average, actual maximum salary is higher). This is the average monthly salary including housing, transport, and other benefits.

Is Hungary cheap to live?

When it comes to capitals in Europe, Budapest is one of the cheapest cities to live in. Most residents of Hungary quote their rent costs in hundreds, not thousands, and you won’t find many single people paying more than €600 a month, even in the capital.

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How much is a beer in Budapest?

In Budapest, tourists can purchase both a glass of white wine and a bottle of lager for less than a pound – wine costs 91p, on average, and a bottle of lager is only 88p – while cocktails, such as a Mojito or Cosmopolitan, the most expensive drinks in the city, were priced at £3.75.

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