Cost-of-living comparison · Eurostat PLI 2024

🇦🇹 Austria vs 🇭🇺 Hungary

How the cost of living compares between Austria and Hungary - overall and across rent, groceries, transport, healthcare, utilities and dining, weighed against local income.

Cheaper overall
Hungary
Better value
Austria
Price gap
75%

Planning a move? Scale your income from Austria to Hungary in the calculator, then save the pair to come back to it.

Cost by category - Austria vs Hungary

Austria - price level by category

Overall cost120Housing & utilities113Groceries111Transport109Healthcare148Utilities107Restaurants110

Hungary - price level by category

Overall cost68Housing & utilities61Groceries95Transport81Healthcare44Utilities38Restaurants72

Side-by-side

Category (EU-27 = 100) 🇦🇹 Austria 🇭🇺 Hungary
Overall cost 120 68
Housing & utilities 113 61
Groceries 111 95
Transport 109 81
Healthcare 148 44
Utilities 107 38
Restaurants 110 72
Affordability (income ÷ cost) 30531 12873

Highlighted = lower price level (or higher affordability). Affordability = median net income ÷ cost index, higher is better.

What the Austria vs Hungary comparison shows

On Eurostat's comparative price-level scale (EU-27 = 100), Hungary is the cheaper of the two overall at index 68, against 120 for Austria - a difference of about 75% in everyday prices. Because the same standardised basket is priced in both countries, that gap is directly comparable and not an artefact of exchange rates.

The category table above shows the gap is rarely uniform. Housing usually drives most of the difference because rent cannot be traded across borders, so weight the rent row most heavily, a country that is cheaper on groceries but dearer on rent often works out more expensive in practice, since the rent gap is larger in absolute euros than the savings on smaller categories.

Price is only half the story. Measured against median net income, Austria offers the better value of the two, a typical income there stretches further once local prices are taken into account. The cheaper country is not automatically the one where you live best, which is why affordability, not the headline price level, is the number to anchor on.

Frequently asked questions

Is Austria or Hungary cheaper to live in?

Hungary is cheaper overall, its Eurostat cost-of-living index is 68 versus 120 for Austria (EU-27 = 100), a difference of about 75%.

Which has cheaper rent, Austria or Hungary?

Hungary has the lower housing price level (61 vs 113, EU-27 = 100). Rent is usually the largest single household expense, so it weighs heavily on real affordability.

Does cheaper mean better value in Austria vs Hungary?

Not always. Adjusted for median net income, Austria offers the better value, a typical income there stretches furthest against local prices. The cheaper country is not automatically the one where you live best, because incomes differ too.

Source: Eurostat, comparative price levels (prc_ppp_ind) and median equivalised net income Price-level indices, EU-27 = 100, 2024.