Cost of living · Europe · Eurostat HICP 2023
🇭🇺 Cost of living in Hungary
Hungary undercuts most of the EU-27 across rent, groceries and transport - see the categories driving that gap and how far local income actually stretches.
- Cost index (EU-27=100)
- 65
- Rent index
- 54
- Median net income
- €8,200
- Cost-adjusted income
- €12,615
Hungary sits at 65 on the 0-200 scale shown above.
Key takeaways
- Overall cost of living is 35% below the EU-27 average (index 65, EU-27 = 100).
- Most expensive category: utilities at index 85.
- Cheapest category: healthcare at index 50.
- A typical income of €8,200 is worth about €12,615 in EU-average purchasing power.
Cost by category in Hungary
Hungary - price level by category (EU-27 = 100)
In Hungary, utilities is the most expensive category and healthcare the least.
What the Hungary cost-of-living data shows
Hungary's overall consumer price level is 35% below the EU-27 average. (How this index is built →)
Utilities lead the cost table in Hungary at index 85, ahead of healthcare at index 50 - heating, power and water outpace every other category here.
That price gap works strongly in Hungary's favor: prices run far below the EU average, so the headline income of €8,200 goes much further than the sticker figure suggests, worth roughly €12,615 in EU-27-average purchasing power.
Countries with a similar cost of living
Frequently asked questions
Is Hungary expensive to live in?▼
Hungary's overall cost of living is 35% below the EU-27 average (index 65). Utilities is the priciest category and healthcare the cheapest.
What does it cost to rent in Hungary?▼
Hungary's rent and housing price index is 54, below the EU norm.
How does income compare to costs in Hungary?▼
That price gap works strongly in Hungary's favor: prices run far below the EU average, so the headline income of €8,200 goes much further than the sticker figure suggests, worth roughly €12,615 in EU-27-average purchasing power.
Source: Eurostat, Harmonised Index of Consumer Prices (HICP) and comparative price levels Eurostat, Harmonised Index of Consumer Prices (HICP) and comparative price levels Price-level indices, EU-27 = 100, 2023. Income: Eurostat/OECD median equivalised net income.
Important: these figures are official Eurostat averages for general information and comparison, they are not personal financial advice. Your own cost of living depends on your city, housing and lifestyle, so treat this as a starting point and check current local prices before making any relocation or budget decision.
Read our methodology - how these indices are sourced and computed.