Cost of Living Guide

Expat guide

Cost of living in 🇭🇺 Hungary for expats

One person living on a normal local lease spends about €1,220 a month in Hungary, rent included. Below: what the first month really costs, how to keep the monthly number down, and the per-city numbers behind the average.

Monthly budget, one person

€1,220

Average rent (1-bed)

€750

Cheapest city

🇭🇺 Budapest

Month-one setup

from €4,053

What the first month costs in Budapest

Modelled on Budapest rent of €750. Scale it up if you're heading straight for Budapest.

Upfront costAmountHow to cut it
Security deposit€1,500Two months' rent is the common ceiling for long-term unfurnished leases.
First month's rent€750Paid upfront alongside the deposit in almost every market.
Agency or finder fee€600Skip this by renting direct from owners or taking a mid-term sublet first.
Furnishing & kitchen basics€413Second-hand marketplaces cut this figure roughly in half.
Admin: residency, translations, ID€320Registration, certified translations and photos. Varies by nationality.
First-month living buffer€470Groceries, transport, bills and eating out while you settle in.
Total to land safely€4,053Before your first local paycheck arrives.

Budgeting tips that actually move the number

  • Your money goes furthest here, but salaries are local — the maths only works if you keep foreign or remote income.
  • Utilities are often billed on estimates and reconciled later; keep a buffer for the annual settlement invoice.
  • Landlords frequently prefer cash and longer terms. A written contract still matters for residency paperwork.

Pre-move checklist

  1. 1Confirm the visa or residence permit that fits your income source before you sign a lease.
  2. 2Arrive with three to four months of full budget in cash — deposits and admin land before your first payday.
  3. 3Take a one-to-three month furnished rental first, then sign long-term once you know the neighbourhoods.
  4. 4Open a local or EU/regional account early: many Hungary landlords and utilities won't accept foreign cards or transfers.
  5. 5Sort health coverage before arrival; several residence permits require proof of it.
  6. 6Check tax residency rules for your case — days spent in-country and where your income lands both matter.

Hungary city by city, cheapest first

#CityMonthly budgetRent (1-bed)GroceriesTech pay
1🇭🇺 BudapestHungary€1,220€750€240€2,300

Full breakdowns: cost of living in Budapest

Country overview: cost of living in Hungary · cheapest city here is Budapest at €1,220/month.

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