✦ Cost of living
Hungary
National taxes, visas and economy — plus every city we track in Hungary.
The cost of living in Hungary averages 67 on our index (a typical US city = 100) — about 33% cheaper. A one-bedroom rent runs roughly $700/mo and the top income-tax rate is 15%. The average net salary is about $900/mo.
- Currency
- Hungarian forint (Ft HUF)
- Languages
- Hungarian
- Capital
- Budapest
- Driving
- Right-hand side
- Power
- F · 230V
▤ Taxes
15%
Income tax
flat
27%
VAT / sales
9%
Corporate
$900
Avg net salary
per month
$39,145
Avg annual wage
per year · OECD (PPP)
$1,050
Minimum wage
per month · Eurostat 2026
76.9 yr
Life expectancy
World Bank 2024
9% corporate tax is the lowest in the EU.
✈ Visas & residency
A flat 15% income tax and the White Card digital-nomad residence permit.
✈ Schengen 90/180 for many passports.
White Carddigital-nomad
Remote workers, ~$3,000/mo income.
Work Permitwork
Residence Permitresidence
❖ Cities in Hungary
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