Is the cost of living in Hungary high?
We asked people about the cost of living in Hungary, they wrote...
"The cost of living in Hungary is generally considered to be quite affordable. Prices for basic necessities such as food, transportation, and utilities are generally lower than in other European countries. However, the cost of living in the capital city of Budapest is higher than in other parts of the country. The rental price for a nice 1 bedroom apartment in Hungary is typically around $500 USD per month, while a nice 2 bedroom apartment is usually around $700 USD per month. Eating dinner at a moderately priced restaurant in Hungary typically costs around $15 USD per person," mentioned another expat when asked about moving to Hungary.
"I have found that my overall cost of living is about 1/3 of what it was in New York and Chicago and about 1/2 of living in Phoenix in the US," commented one expat who made the move to Budapest, Hungary.
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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. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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Click connect to have our partner contact you via e-mail and/or phone.
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Is the cost of living in Hungary high?
If you live in Hungary, newcomers to Hungary would love to hear your answer to this question: