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International Cost of Living Calculators

We provide international cost of living and hardship data so that you can create reports online (24X7) using any of the calculators:


Expat Salary: Detailed international cost of living and salary comparison.


Cost of Living Comparison: Determines allowance based on cost of living difference.


International Cost of Living Index: COLI's for multiple locations using home base.


International Assignment: Global Mobility using build-up approach.


Hypothetical Tax: Effective tax rate for any country in the world.

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Mobility Calculators

Do you need a Cost of Living Comparison Calculator?

The global cost of living calculators have been created to compare the cost of living in every country and major city in the world, to help you manage short and long term assignments (page down for a description of each cost of living calculator):

Cost of Living Allowance
Cost of Living Index
International Assignment Management
Salary Purchasing Power Parity
Hypothetical Tax Calculator
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Pricing

International Cost of Living Calculator Pricing


7 Day Subscription = $39 USD$ per location (minimum of 2 locations required)


Annual Subscription = $89 USD$ per location (minimum of 2 locations required)


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Articles & Rankings

Cost of Living Articles and Rankings


-International City Cost of Living Rankings

-Regional Cost of Living Rankings (Africa;
America; Asia Pacific; Europe; Middle East)

-Latest Inflation Rates around the world

-Latest Personal Income Tax Rates

-Cost of Living Rankings by Basket

-Articles related to cost of living
and expatriate life


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Cost of Living Reviews

Cost of Living Reviews by City and Country for 780 International Locations

Use the map below or page down

Help

International Cost of Living Help

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Hungary, All Areas
Overview

Hungary, All AreasHungary is in Central Europe, northwest of Romania. The climate is temperate with cold, cloudy and humid winters and warm summers.

The official language is Hungarian. English or German are widely spoken in business circles. Employees of smaller and rural companies often do not speak English, in which case an interpreting service needs to be arranged. It is not expected that foreigners know any Hungarian words. The main religion is Christianity.

The economy of Hungary is a medium-sized, structurally, politically and institutionally open economy in Central Europe and is part of the European Union's (EU) single market. Like most Eastern European economies, the economy of Hungary experienced market liberalisation in the early 1990s as part of the transition from socialist economy to market economy.

In Hungary people tend to use their professional titles as well as with Mr, Mrs or Ms. Hungarians refer to themselves by their surnames followed by their given/first names. Expatriate business dress is formal and smart.

The security risk for expatriates in Hungary is low. Risks include street crime (mainly in Budapest) such as pickpockets and scam artists, vehicle theft and burglary as well as Xenophobic behaviour mostly directed at the Roma community.

The currency of Hungary is the Hungarian Forint (HUF).

Medical facilities are adequate however the cost of treatment for expatriates from outside the EU can be high.

The population of Hungary is 9.8 Million (2019 est.), while the inflation rate (CPI) is 2.9% for Hungary as at October 2019.

Xpatulator Hypothetical Tax for Hungary is based on the current personal income tax rate which is a flat rate of 15%.


Cost Of Living

The cost of living for expatriates / professional migrants in Hungary as at 1 October 2019 is very low in comparison to other places in the world.

We have collected prices for the same items, world wide, and converted them to $USD so that we can compare the cost of 13 different baskets in 780 global locations. For each basket, compared to New York, the equivalent cost in Hungary is as follows:
1) Alcohol (where available) & Tobacco: for items such as beer, spirits, wine and tobacco related products such as cigarettes. A basket costing USD$1000 in New York costs USD$600
2) Clothing: for items such as business, casual and children's clothing and footwear. A basket costing USD$1000 in New York costs USD$890
3) Communication: for various communication costs such as home telephone rental, internet subscription, mobile service provider tariff and data costs. A basket costing USD$200 in New York costs USD$104
4) Education: for items such as creche / pre-school fees, primary school fees, high school fees and tertiary study fees. A basket costing USD$30000 in New York costs USD$18600
5) Furniture & Appliances: for items such as dining table and chairs, home entertainment, kitchen appliances, and sofas. A basket costing USD$2500 in New York costs USD$1150
6) Groceries: for items such as consumables, cleaning products, dairy, fresh fruit & vegetables, general food products, snacks, soft drinks. A basket costing USD$1000 in New York costs USD$560
7) Healthcare: for general heath care, doctor visits, hospital stays, non-prescription medicine, and medical insurance. A basket costing USD$1000 in New York costs USD$690
8) Household Accommodation: for items such as apartment rent, house rent, property purchase, mortgage rate, and utilities. A basket costing USD$5000 in New York costs USD$1650
9) Miscellaneous: for items such as dry cleaning, linen, magazines, newspapers, office supplies, and postage stamps. A basket costing USD$500 in New York costs USD$325
10) Personal Care: for items such as cosmetics, hair care, and toiletries. A basket costing USD$500 in New York costs USD$420
11) Recreation & Culture: for items such as books, cinema, sport and theatre tickets. A basket costing USD$500 in New York costs USD$320
12) Restaurants Meals Out and Hotels: for items such as hotel daily room rates, meals and beverages in a restaurant, and take away food and beverages. A basket costing USD$1000 in New York costs USD$490
13) Transport: for items such as fuel (petrol/gasoline), car hire, public transport, vehicle purchase and maintenance. A basket costing USD$1000 in New York costs USD$820

Hungary is -24.4% cheaper than USA for groceries, -37.2% cheaper for household costs than UK, and 106.5% more expensive for transport costs than India.

Hungary is ranked as a some hardship location.

The hardship premium for Hungary for an expat from Australia, is for example 10%, i.e. host location (Hungary) premium of 20% minus home (Australia) location premium of 10%.

Want to know more about cost of living, hardship (quality of living) or expat salary in Hungary? Register subscribe to your home location and Hungary and run your personalised reports.

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