Are you thinking about moving to Hungary to study or work? This central European country offers a rich cultural experience at an affordable cost. Whether you choose Budapest, the bustling capital, or Debrecen, a quieter university town, your experience will be excellent at each place.
Hungary country stands out as an affordable country as compared to other European countries. Students and professionals can easily enjoy a comfortable lifestyle without stress from accomodation to daily expenses because the cost of living in Hungary is not too high.
However, understanding the cost of living in Hungary is essential for planning your finances. The housing, groceries, and utilities expenses vary by city, with Budapest being pricier than Debrecen. Let’s explore this blog about Hungary living expenses in detail.
Key Highlights:
| Parameters | Details (PKR) | Details (HUF) |
| Average Cost of Living in Hungary Per Month | PKR 197,000 (excluding rent) | 2,50,457 HUF |
| Avg Monthly Rent in City Centre | PKR 24,000 – PKR 2,04,000 | 30,000 HUF – 2,50,000 HUF |
| Avg Monthly Transportation Cost | PKR 7,000 – PKR 17,000 | 10,000 HUF – 20,000 HUF |
| Avg Annual Tuition Fees | PKR 13.8L – PKR 41.4L | 5,00,000 HUF – 1,500,000 HUF |
| Universities in Hungary for International Students | Eötvös Loránd University, University of Szege, University of Debrecen | – |
| Scholarships to Reduce the Cost of Living in Hungary | Stipendium Hungaricum, Hungarian Diaspora Scholarship | – |
| Average Annual Salary in Hungary Post-Graduation | PKR 1.65Cr – PKR 10.3Cr | 5,90,000 HUF – 33,50,000 HUF |
| Student Visa in Hungary | Type D Student Visa | – |
| Visa Processing Time | 1-2 months | – |
| Visa Fee | PKR 24,000 – PKR 52,000 | 30,000 HUF – 65,000 HUF |
Cost of Living in Hungary Country
Hungary country, for studying abroad, is an excellent choice for international students who’re looking for a world-class education at a cheap price. Many universities offer English language programs that make it easy for students. Understanding living expenses in Hungary is essential for managing your budget and avoiding financial stress.
Hungary ranks 41st in GDP per capita with a strong economy, which means students can enjoy a good standard of living at a lower cost—all expenses of Hungary, which include food, transport, and entertainment. The cost of living in Hungary compared to UK is also affordable.
Students spend around PKR 197,000 (250,457 HUF) per month, excluding rent. Whether you choose Budapest or a smaller city like Debrecen, Hungary provides an affordable lifestyle without compromising education and comfort.
Understanding the Hungarian Forint (HUF)
Hungary’s currency is the Hungarian Forint (HUF), which is used in all daily transactions. Understanding how the HUF compares to major foreign currencies such as the US dollar (USD) and the euro (EUR) is critical. This knowledge allows you to manage your finances efficiently while studying or living in Hungary.
| Currency | Exchange Rate (Approx.) |
| 1 USD | 350 HUF |
| 1 Euro | 375 HUF |
| 1 PKR | 1.33HUF |
Accommodation Cost in Hungary
Whether you want to live in a fast-paced city or a peaceful town, Hungary has various housing options for international students. Living costs in Hungary depend on where you stay and which type of accommodation you want.
Here’s a list of the monthly costs for dormitories, shared apartments, and private flats.
| Accommodation Type | Monthly Cost of Living in Hungary for International Students (PKR) | Cost in HUF |
| Dormitory | PKR 24,000 – PKR 55,000 | 30,000 HUF – 70,000 HUF |
| Shared Flat | PKR 55,000 – PKR 1.24L | 60,000 HUF – 1,50,000 HUF |
| Private Flat | PKR 82,000 – PKR 2.04L | 90,000 HUF – 2,50,000 HUF |
Accommodation Costs in Budapest
Budapest is the lively capital of Hungary country and is famous for its beautiful architecture, rich history, and exciting student life. It’s one of the popular cities in Hungary because it consists of the country’s political, economic, and cultural center and offers a variety of opportunities for students.
The cost of living in Budapest is lower than in many other European capitals, which makes it an attractive option for international students. Prices in Hungary Budapest are quite reasonable, with affordable housing, reliable public transport, and plenty of activities to enjoy.
Besides rent, students should also consider other expenses like transport and the cost of food in Budapest Hungary, when planning their monthly budget. Below is an estimated breakdown of housing costs in Budapest.
| Accommodation Type | Monthly Cost of Living in Budapest (PKR) | Cost in HUF |
| Dormitory | PKR 32,000 – PKR 55,000 | 30,000 HUF – 70,000 HUF |
| Shared Flat | PKR 63,000 – PKR 1.24L | 60,000 HUF – 1,50,000 HUF |
| Private Flat | PKR 95,000 – PKR 2.04L | 90,000 HUF – 2,50,000 HUF |
Accommodation Costs in Debrecen
The second-largest city in Hungary country, Debrecen, is well known for its historical significance and active student population. Known as “Calvinist Rome,” it has a vibrant cultural scene and many universities.
Debrecen is an excellent choice for anyone seeking to strike a balance between affordability and high-quality education because the cost of living for students there is lower than in Budapest.
Debrecen is well-known for its stunning Great Forest Park and yearly Flower Carnival. With many facilities geared at students and a strong feeling of community, the city provides a warm and inviting atmosphere.
| Accommodation Type | Monthly Cost of Living in Debrecen (PKR) | Cost in HUF |
| Dormitory | PKR 24,000 – PKR 50,000 | 30,000 HUF – 60,000 HUF |
| Shared Flat | PKR 55,000 – PKR 95,000 | 70,000 HUF – 1,20,000 HUF |
| Private Flat | PKR 95,000 – PKR 1.58L | 1,20,000 HUF – 2,00,000 HUF |
Conclusion
In conclusion, if you’re looking to study in Hungary country, it is an excellent choice for those who are looking for quality education without spending too much. The cost of living in Hungary is lower than in other European Western countries like Australia, Canada, Germany, and many others. Whether you choose the lively capital, Budapest, or the quieter, student-friendly city of Debrecen, Hungary offers a budget-friendly lifestyle with access to top universities, efficient public transport, and affordable accommodation. If you need more information about Hungary, contact our Universal Study Advisors expert team. They’ll guide you through each step in detail, from university selection to visa approval.
Maham Muneer is a passionate content writer with expertise in writing engaging blogs on education and study abroad topics. Her writing aims to guide readers in making informed decisions about their academic and international opportunities. Whether it’s exploring top universities, understanding visa processes, or finding scholarships, her goal is to provide valuable insights that inspire and empower students to achieve their dreams.
