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Moving to Budapest

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Things to know about

Moving to Budapest

Are you considering a move to Budapest? Discover what it takes to live comfortably in this vibrant city, where a family of four can expect monthly costs around 1,530,708 Ft, including rent for a stylish apartment. Learn about the thriving job market, especially in IT and finance, and find out where expats prefer to settle down. With a high English proficiency and a rich cultural scene, Budapest offers a unique blend of modern living and historical charm. Dive into our guide to uncover everything you need to know for a successful transition to life in Hungary's capital!

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Informations about Moving to Budapest

How much money do I need to live comfortably in Budapest? 

To live comfortably in Budapest, a family of four’s estimated monthly costs are around 1,115,545 Ft ($2,970) without rent, while a single person’s costs are about 553,371 Ft ($1,473) without rent. Adding rent for a furnished 85 m2 apartment in an expensive area, which can cost around 415,163 Ft ($2,993) per month, the total for a comfortable lifestyle would be approximately 1,530,708 Ft ($4,963) for a family and 968,534 Ft ($3,466) for a single person. 

Is it okay to speak English in Budapest? 

Yes, it’s generally okay to speak English in Budapest. The city has a high English proficiency index, scoring in the C1 level range (600-699 points) according to the English First Standard English Tests. English is widely spoken, especially in areas frequented by tourists and in the business sector. However, learning some basic Hungarian phrases can enhance your experience and interactions with locals. 

Is it easy to get a job in Budapest? 

Getting a job in Budapest can be challenging, especially for non-EU citizens. The process requires securing a job offer, valid passport, health insurance, and meeting other specific requirements. However, there are opportunities, particularly in sectors like IT, finance, and international business. Job search websites like CVonline.hu, Profession.hu, and Jobsin Budapest advertise positions where English is the main working language. 

Where do expats live in Budapest? 

Expats in Budapest often live in the following areas: 

  1. Belváros-Lipótváros (District V): Central location with stunning architecture, but higher rental costs. 
  1. Erzsébetváros (District VII): Known for lively nightlife and cultural attractions. 
  1. Angyalföld (District XIII): Quieter, family-friendly area. 
  1. Rózsadomb (District II): Upscale neighborhood with luxury living and green spaces. 

The choice often depends on lifestyle preferences, budget, and proximity to work or international schools. 

What is the average salary in Budapest? 

According to the Central Statistical Office (KSH), the average net salary in Budapest is 413,000 HUF per month (approximately €1,071). This is about 18% higher than the national average. However, skilled foreign workers can often expect higher salaries, potentially exceeding 1,200-1,500 euros per month, especially in sectors like IT, finance, and international business. 

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