Cost-of-living comparison · Eurostat PLI 2024

🇭🇺 Hungary vs 🇱🇺 Luxembourg

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

Cheaper overall
Hungary
Better value
Luxembourg
Price gap
121%

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

Cost by category - Hungary vs Luxembourg

Hungary - price level by category

Overall cost68Housing & utilities61Groceries95Transport81Healthcare44Utilities38Restaurants72

Luxembourg - price level by category

Overall cost151Housing & utilities178Groceries125Transport96Healthcare178Utilities76Restaurants124

Side-by-side

Category (EU-27 = 100) 🇭🇺 Hungary 🇱🇺 Luxembourg
Overall cost 68 151
Housing & utilities 61 178
Groceries 95 125
Transport 81 96
Healthcare 44 178
Utilities 38 76
Restaurants 72 124
Affordability (income ÷ cost) 12873 33209

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

What the Hungary vs Luxembourg comparison shows

On Eurostat's comparative price-level scale (EU-27 = 100), Hungary is the cheaper of the two overall at index 68, against 151 for Luxembourg - a difference of about 121% 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, Luxembourg 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 Hungary or Luxembourg cheaper to live in?

Hungary is cheaper overall, its Eurostat cost-of-living index is 68 versus 151 for Luxembourg (EU-27 = 100), a difference of about 121%.

Which has cheaper rent, Hungary or Luxembourg?

Hungary has the lower housing price level (61 vs 178, EU-27 = 100). Rent is usually the largest single household expense, so it weighs heavily on real affordability.

Does cheaper mean better value in Hungary vs Luxembourg?

Not always. Adjusted for median net income, Luxembourg 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.