Cost of Living

 

INFORMATION CONCERNING THE EXPENSES OF YOUR STAY

 

As you prepare for your academic journey in Budapest, understanding the cost of living in this vibrant city is crucial for effective budget planning. From accommodation to dining out, here's a breakdown of essential products and services along with their approximate prices in Hungarian Forints (HUF) and Euros (EUR). 1 EUR = approximately 400 HUF as of 1st April, 2024.: 

Accommodation: 

  • Renting a private-flat: 200,000 HUF/month (approximately 500 EUR) 
  • Renting a shared flat: 150,000 HUF/month (approximately 375 EUR) 
  • Basic utilities (Electricity, Heating, Water, Garbage): 30.000 HUF/month (approximately 75 EUR) 
  • Dormitory, shared bedroom: 40,000 HUF/month (approximately 100 EUR) 

Transportation: 

  • Monthly public transportation pass for students: 945 HUF/month (approx. 2.5 EUR) 
  • Single ticket for public transportation: 400 HUF (approximately 1 EUR) 
  • Taxi starting fare: 700 HUF (approximately 1.75 EUR), plus 300 HUF (approximately 0.75 EUR) per kilometer 

Food, Drinks and Groceries: 

  • Loaf of bread (0.5 kg): 500 HUF (approximately 1.25 EUR) 
  • Dozen eggs (10 pcs): 800 HUF (approximately 2 EUR) 
  • Box of milk (1 l): 400 HUF (approximately 1 EUR) 
  • Meat (chicken or pork- 1 kg): 1800 HUF (approximately 4.5 EUR) 
  • Meat (beef – 1 kg): 3,500 HUF (approximately (approximately 8.25 EUR) 
  • Fresh fruits and vegetables (1 kg): 500-1,200 HUF (approximately 1.25- 3 EUR) 
  • Chocolate bar (50 g): 300 HUF (approximately 0.75 EUR) 
  • Bottle of wine (from the supermarket - 1 l): 1,500-4,000 HUF (approximately 3.75-10 EUR) 
  • Coffee at a restaurant: 700 HUF (approximately 1.75 EUR) 
  • Beer at a pub (0,5 l): 800 HUF (approximately 2 EUR) 
  • Meal at an inexpensive restaurant: 1,500 HUF (approximately 3.75 EUR) 
  • Meal at a mid-range restaurant: 3,500 HUF (approximately 8.25 EUR) 

Entertainment and Leisure: 

  • Movie ticket: 2,000-3,000 HUF (approximately 5-7.5 EUR) 
  • Fitness club membership: 10,000-15,000 HUF/month (approximately 25-40 EUR) 
  • Cultural event ticket (theater, museum, concert): 2,000-4,000 HUF (approximately 5-10 EUR) 

Healthcare: 

  • Doctor's visit (without insurance): 20,000 HUF (approximately 50 EUR) 
  • Prescription medication (per month): varies depending on medication 

Miscellaneous: 

  • TV + Internet (monthly): 5,000-7,000 HUF (approximately 12.5-17.5 EUR) 
  • Mobile phone with internet access monthly plan: 4,000-9,000 HUF (approximately 10-22.5 EUR) 

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