In the last few decades, there is a significant growth in studying abroad as most aspiring students choose to study in a foreign country for their higher education. Most students make one common mistake, which is only calculating the accommodations cost and tuition fees. To study abroad you also need to calculate and analyse the cost of living of the country as it can highly differ. So for the student’s best interest, today’s blog is all about the cost of living in Hungary. Continue reading to unveil more details related to it.
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Why Choose Hungary to Study Abroad?
Hungary has a well-developed education system and many aspiring students in recent times have chosen this place to be their study abroad destination. Now let us take a look at some of the key benefits of studying in Hungary:
- Hungary is a part of the European Higher Education Area (EHEA), which means that its degrees are recognized and compatible with other European countries.
- When compared to other European countries, Hungary has low tuition fees for international students. Studying here can save you a lot of money and help you in reducing your tuition expenses.
- Another important factor in Hungary is that the cost of living here is low when compared to other countries. This can in total save you a lot of money and reduce your financial burden.
- Lastly, you get quality education at affordable rates than most countries.
Average Tuition Fees
Here are some of the average tuition fees of some of the top Universities in Hungary:
|Course Level||Average Fees in EUR||Average Fees in INR|
|Bachelors||EUR 4,000 to 6,200/ yearly||INR 3.6 to 5.6 Lakh|
|Masters||EUR 5,000 to 7,500/ yearly||INR 4.5 to 6.7 Lakh|
|PhD||EUR 12,000/ yearly||INR 10.8 Lakh|
|University||QS World Ranking||Average Tuition Fees|
|Eotvos Lorand University||601-650||EUR 3,200 per semester (INR 2.8 Lakh)|
|University of Pecs||701-750||EUR 27,200 (INR 24.6 Lakh)|
|University of Debrecen||651-700||EUR 22,000 (INR 19.9 Lakh)|
|Semmelweis University||NA||EUR 18,900 (INR 17.1 Lakh)|
|Obuda University||NA||EUR 21,300 (INR 19.2 Lakh)|
Cost of Living in Hungary
As we discussed earlier, the cost of living in Hungary is low when compared to other countries. But now we will see the cost of some necessities in Hungary:
Considering this is one of the biggest expenses in the whole study abroad journey and you need to get a decent accommodation option according to your budget. The accommodation cost completely depends on several factors like type, size, features offered, location and so on. Getting an apartment in Hungary is usually cheaper than staying in a dormitory or a hotel.
The average monthly accommodation cost for a one-bedroom apartment in a city centre is USD 467 whereas outside the city centre, it is USD 331.
Alternatively, you can also save money by opting for on-campus accommodations of respective Universities.
In terms of transportation Hungary has a well-developed public transportation system. As most of the cities and towns of Hungary are covered you do not need to worry about it. The cost of transportation widely varies depending on the city and transportation type such as buses, trams, and metro trains.
The average price for a one-way ticket is USD 1.2 and you can even say money by opting for USD 33 monthly pass.
An average taxi fair also starts from USD 3.5 and discounted tickets and passes are available for students and senior citizens.
Food is another essential in a study abroad journey, as it is a basic necessity for every human being. Although, the cost of living in Hungary is low compared to other European countries if you choose to eat outside daily you will end up losing a lot of money.
The average cost of a meal is USD 8.76 when you get it from an inexpensive restaurant and the cost can be even higher when choosing a fine-dining restaurant.
Alternatively, you can save a lot of money by choosing to cook your own food. The average monthly cost of food for one person is USD 224 which includes all types of groceries.
Also Read- Cost of Living in Ireland
As the essentials are covered, now we will take a look at the detailed cost of some of the items and services in Hungary. This can help you in getting a fair idea of the cost of living in Hungary:
|Items or Services||Cost|
|Cappuccino (regular)||USD 1.98|
|Milk (1 litre)||USD 1.24|
|Loaf of White Bread (500g)||USD 1.46|
|Rice (1kg)||USD 1.96|
|Eggs (1 dozen)||USD 3.11|
|Cheese (1kg)||USD 11.53|
|Fitness Club, Monthly Fee||USD 45.24|
|Mobile Phone Monthly Plan with Calls and 10GB+ Data||USD 29.18|
Also Read- Cost of Living in Dubai
Things to Know When Moving to Hungary
The following are a few things that you should be aware of before moving to Hungary:
- You should be familiar with the laws of Hungary as if you break any law unknowingly it might affect your Student Visa status.
- Hungarian is the official language of Hungary. Although English is widely spoken here, you can consider learning their native language to have better communication with the natives.
- Open a local bank account in Hungary. This will help you to save a lot of currency conversion charges and extra hidden charges.
- Lastly, consider getting health insurance in Hungary as it is better to have one for unplanned emergencies.
Some of the top Universities in Hungary are as follows:
University of Szeged
University of Pécs
University of Debrecen
The most important by which you can save money while studying in Hungary is my cooking your own food and avoiding eating from any restaurant. You can even save more money by buying your groceries in bulk and comparing prices from different shops.
Some of the best cities to live in Hungary are Budapest, Debrecen, Szeged and Pecs.
Readers this was everything related to the Cost of Living in Hungary. If you want to make your study abroad process hindrance free contact our Leverage Edu experts at 1800 57 2000 today.