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Expat Exchange - Cost of Living in Balatonfured 2024
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Cost of Living in Balatonfured

By Joshua Wood, LPC

William Russell
William Russell

Summary: If you're moving to Balatonfured, understanding the the cost of living in Balatonfured helps you know what to expect when it comes to apartment or house hunting, grocery shopping, transportation, dining out, utilities and more.

Cost of Living in Balatonfured - Cost of Living in Balatonfured

Apartment Rentals The average cost of renting an apartment in Balatonfured is around €400-€500 per month. This price can vary depending on the size and location of the apartment.
Apartment Purchases The average cost of purchasing an apartment in Balatonfured is around €50,000-€60,000. This price can vary depending on the size and location of the apartment.
Transportation Public transportation in Balatonfured is relatively inexpensive. A single ticket costs around €1.50 and a monthly pass costs around €20. Taxis are also available and the cost of a ride is around €5-€10.
Groceries The cost of groceries in Balatonfured is relatively inexpensive. A loaf of bread costs around €1.50, a liter of milk costs around €1, and a dozen eggs costs around €2.50.
Restaurants The cost of eating out in Balatonfured is relatively inexpensive. A meal at a mid-range restaurant costs around €10-€15 per person. Fast food meals cost around €5-€7 per person.
Utilities The cost of utilities in Balatonfured is relatively inexpensive. The average cost of electricity is around €50-€60 per month, and the average cost of water is around €20-€30 per month.
Private School Tuition The cost of private school tuition in Balatonfured varies depending on the school. Preschool tuition costs around €200-€300 per month, elementary school tuition costs around €400-€500 per month, middle school tuition costs around €500-€600 per month, and high school tuition costs around €600-€700 per month.

Monthly Budget for Retirees in Balatonfured

"The cost of living in Balatonfured, is relatively affordable compared to larger cities in the country. Housing and rental prices are moderate, with a decent selection of apartments and houses available. Groceries and food prices are reasonable, with a variety of local markets and supermarkets offering fresh produce and other essentials. Transportation costs are also fairly low, with public transport options and affordable fuel prices for those who drive. Dining out and entertainment options are available at various price points, catering to different budgets. Overall, Balatonfured offers a comfortable and cost-effective lifestyle for its residents," said one expat living in Balatonfured.

Can I live in Balatonfured on $1,500 a month?

"I've been living in Balatonfured for a while now, and I can tell you that it's definitely possible to live comfortably on $1,500 a month, even if you're used to modern amenities. However, you might have to make some sacrifices and adjustments to make it work. For example, you might need to choose a smaller apartment or share a flat with someone else to save on rent. In terms of neighborhoods, I would recommend looking for a place in the central part of Balatonfured, as it's more affordable and still offers a good quality of life. The area around the train station and the main street (Ady Endre utca) is quite nice, with plenty of shops, cafes, and restaurants within walking distance. You can find a decent one-bedroom apartment in this area for around $400-$500 a month. On the other hand, I would avoid the more expensive neighborhoods near the lakefront, such as the area around the marina and the Tagore Promenade. These areas are beautiful and offer great views, but the rent prices can be significantly higher, sometimes reaching up to $1,000 a month for a one-bedroom apartment. When it comes to other expenses, you can save money by shopping at local markets and cooking at home instead of eating out all the time. Public transportation is quite affordable, and you can get a monthly pass for around $30. If you're into outdoor activities, there are plenty of free or low-cost options around Balatonfured, such as hiking, biking, and swimming in the lake during the summer months. Overall, living in Balatonfured on $1,500 a month is doable, but you'll need to be mindful of your spending and make some compromises in terms of housing and lifestyle choices," commented an expat living in Balatonfured.

Can I live in Balatonfured on $3,500 a month?

"I've been living in Balatonfured for a while now, and I can tell you that it's definitely possible to live comfortably on $3,000 a month, even if you're used to modern amenities. However, you might have to make some sacrifices to make it work. For example, you might need to choose a smaller apartment or house than you're used to, or you might need to cut back on eating out at fancy restaurants.In terms of neighborhoods, I'd recommend looking for a place to live in the central part of Balatonfured, as it's generally more affordable than the areas closer to the lake. The neighborhoods around the train station and the main shopping streets are particularly good options, as they offer a good mix of affordability and convenience. On the other hand, I'd avoid the neighborhoods closer to the lake, such as the area around the marina and the promenade, as they tend to be more expensive.In terms of day-to-day expenses, you'll find that groceries and public transportation are quite affordable in Balatonfured. However, you might need to cut back on some of the more luxurious items, such as imported foods and high-end electronics, as they can be quite expensive here. Additionally, while there are plenty of restaurants and cafes in Balatonfured, you might need to limit how often you eat out, as dining out can be more expensive than cooking at home.Overall, I think it's definitely possible to live comfortably in Balatonfured on $3,000 a month, but you'll need to be mindful of your spending and make some sacrifices in terms of housing and lifestyle choices," said one expat living in Balatonfured.

Can I live in Balatonfured on $5,000 a month?

"I've been living in Balatonfured for a while now, and I can tell you that it's definitely possible to live comfortably on $5,000 a month, even if you're used to modern amenities. In fact, you might not have to make too many sacrifices at all. Balatonfured is a beautiful town on the shores of Lake Balaton, and it's quite popular with tourists, so you'll find plenty of modern conveniences here.As for neighborhoods, you'll want to avoid the more expensive areas like the lakefront, where property prices and rents can be quite high. Instead, consider looking for a place to live in the more residential areas, such as Aracs or Tamashegy. These neighborhoods are still close to the lake and the town center, but they're more affordable and offer a more local experience.In terms of daily expenses, you'll find that groceries, utilities, and transportation are all quite affordable in Balatonfured. Eating out can be a bit more expensive, especially in the touristy areas, but there are plenty of local restaurants and cafes where you can enjoy delicious Hungarian cuisine at a reasonable price.One sacrifice you might have to make is adjusting to the slower pace of life in Balatonfured, especially if you're used to living in a bustling city. However, this can also be a blessing, as it gives you the opportunity to relax and enjoy the beautiful surroundings.Another thing to consider is that while Balatonfured has a good healthcare system, it might not be as advanced as what you're used to in your home country. However, Budapest is only a couple of hours away by train, and there you'll find world-class medical facilities.Overall, I think you'll find that living in Balatonfured on $5,000 a month is not only possible but also quite enjoyable. You'll be able to maintain a comfortable lifestyle while also experiencing the beauty and charm of this lovely Hungarian town," commented an expat living in Balatonfured.

About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.


William Russell
William Russell

William Russell
William Russell

SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

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