The beautiful city of Budapest is the capital of Hungary and is sometimes known as Paris of the East. Situated by the Danube River, Budapest is known for its beautiful architecture, hot springs and numerous historical attractions.
Budapest is one of the most important cultural city in Eastern/central Europe and has several important tourist attractions listed on the UNESCO World Heritage List. Although human beings have lived in the area since the Stone Age, the current beautiful city was formed by the merger of three independent small towns called Old buda, buda, and pest in year 4.
Together, the three districts form the industrial, commercial and management hub of Hungary.
Budapest is perhaps one of the safest cities in Eastern Europe. No matter what time of the night you are strolling through the city streets, Budapest is extremely secure.
In general, transportation in Budapest is very cheap, convenient and of course quality. There are many options to move around the city. The various bus, tram, subway and taxi companies offer the best option. The reason for the city’s subway quality goes back a long way.
Budapest has a humid continental climate. Winter is the coldest and most cloudy time of the year, from December to early March. Snowfall is a frequent occurrence in most years. The best time to travel to Budapest is from March to May and from September to November. During these time periods, the climate is relatively pleasant and you will not see a large crowd of tourists in the city.
Attractions in Budapest include the Museum of Budapest History, the Museum of Fine Arts, the Hungarian National Museum, St. Stephen’s Church, the Saint Lucas hot water bath and swimming pool, the Hungarian State Opera House, Chain bridge, the Aquincum Museum and the museum of fine arts as well the parliament building itself!
Budapest city areas
Budapest has 23 districts, six of which are in the buda section and another 16 in the pest part. In the meantime, there is a separate area that is like an island between buda and pest.
The population of Budapest is approximately one million eight hundred thousand. The language is Hungarian but most Hungarians can communicate with tourists in English. The Hungarian currency is the Forint. It is a very good city with good economic growth and a good place for foreign investment. In general, Budapest is one of the safest cities in Eastern Europe. You can reach the heart of Budapest at any hour of the day and stroll for a while in this safe city.
Hungary’s economic situation
The economy is an essential and efficient factor in introducing Hungary. The currency of the country is the Forint and the per capita income is estimated to be around $ 1.5. And the country’s inflation rate is about 5.5 percent. Something close to 2% of people are below the poverty line.
Products such as food, raw materials, electricity and fuel are imported into the country, and are exported against products such as agricultural equipment, engineering tools, industrial machinery and eventually cereals.
Approximate list of costs in Budapest:
-Providing books and stationery for 300-100 Euros
-Medical tests including AIDS and hepatitis 100 euros
-10 Euro student card
-Library Membership Card 10 Euro
– Buy mobile and charge 10 euros
– Charging monthly for utilities and gas 100-60 Euro
– A meal at a restaurant for 4 to 13 euros
– A meal at College Dining 2 to 3.5 euros
– One liter of milk 0.7 to 1 euro
– One liter of bottled water 0.5 to 1 euro
– One liter of petrol 1.5 Euro
– Taxi within 3 to 5 Euros
– A 2.5 to 4.7 euro movie ticket
– A theater ticket of 3.5 to 8.5 euros
– Pool 2.7 to 7.4 Euro
– Ice Skating (Three Hours) 2.5 Euro
Cost of living in Budapest
It is clear that the cost of living in Budapest, Hungary, for each individual is directly related to that person’s level and lifestyle.
The cost of living in Hungary can vary widely depending on the type and lifestyle of people due to the wide variety of prices and the difference in prices, but overall living costs are 40% to 50% cheaper than Western Europe.
The average cost of food and living in Hungary is about 250 to 350 euros per month, apart from the cost of housing for a student. Therefore, the cost of living in Hungary for a student, taking into account the cost of housing, is approximately 400 to 800 Euros per month and again it should be noted that especially for respectable students having a home can be of great help. To reduce their cost of living.
As mentioned, the Hungarian currency is the Forint. The average cost of living in Hungary for a single person is from 300 to 800 euros per month. However, this amount can be increased up to 1000-2000 euros depending on where you live and your monthly rent.
Hungary is cheaper than other European countries in terms of food, clothing, rentals, leisure, accessories, electricity, gasoline, insurance and travel.
Budapest apartment rent
Typically the monthly cost of renting a home in Budapest is around 450-800 euros for a 1 bedroom apartment. The cost of renting a student dormitory is also between 200 and 400 euros per month. However, the cost of renting a home and a dorm is reduced in the cities of Szeged and Debrecen. Because of these low costs, Hungary is one of the main destinations for study in Europe for many students from different countries.
The cost of renting an apartment is about 20-50€ per night; renting an apartment for tourists in Budapest is affordable. This accommodation is especially recommended for group tourism tours. Of course there are some restrictions on choosing and renting an apartment in Budapest, so we suggest choosing hotels for a short stay in the city. When signing a lease, the landlord must carefully review the equipment available in the home and get it safe. If the home is broken or damaged, it must first be notified to the homeowner prior to the lease.
The contract is written in both English and Hungarian and you can get help from friends who know English or Hungarian (if you need) or a housing consultant or university housing consultant can help you with the contract. After signing the contract, you must submit your residence address to the immigration office, and if you change your address, you must report it as soon as possible.
Usually a 2- to 3-month lease is paid as a deposit to the landlord to guarantee the maintenance of the home and if the property is damaged at the end of the contract, then the deposit won’t be refunded.
In Europe, specially Budapet, the appearance of the apartments are usually not very attractive, unless you love history! but indoor facilities are good and homeowners repair and supply good equipment and supplies to renters. If you need more equipment, you can submit your application at contract so that you will be provided with the equipment if they accept it.
Cost of buying an apartment in Hungary
Price per square meter of downtown apartments: 600,000 – 1,000,000 Forint
Cost of housing and student living in Budapest, Hungary
The cost of living and conditional living with a roommate and a shared home and the cost of shared meals and meals in Budapest is at least 600 euros per month and in other cities such as Pecs and Szeged at its minimum 500 euros per month.
Food costs in Budapest are at least 300 euros per month and in cities such as Pecs and Szeged at least 200 euros per month.
Cost of renting accommodation in Budapest, Hungary
The cost of renting a student suite is 30-70 m with student amenities and furnishings depending on the facilities and distance to the university and location in Budapest, 500-700 Euros per month.
The cost of renting a house in the Buda area north of the Danube River in areas 11, 12, 2 and 1 is more expensive than the pest area, and the cost of using student dormitories is at least 300 euros per month.
The cost of renting accommodation in other cities is at least 300 euros per month.
Monthly Charges for Housing in Budapest, Hungary
The monthly charge of building and utilities and gas is at least 50 euros per month and varies depending on where you live.
The cost of gas consumed in summer is at least 30 euros and in winter at least 50 euros per month.
Cost of renting a suite of 70-30 m with amenities depending on facilities in Budapest 400-600 € monthly
Approximate charge of water, electricity and gas monthly charge 100-60 Euro
Monthly subscription fee 10 euros
Monthly fee for high speed internet subscription 10 Euros
Cost of buying a landline 10 euros
Cost of living student accommodation and conditional meals with a roommate in Budapest for a monthly fee of € 600
Common costs in an apartment are usually 30-60€, which can sometimes include water, repairs, cleaning the apartment, and so on; Housing costs around 30 to 80 euros and electricity costs 16 euros.
We are specialized in rental properties and home and tenant management in Budapest.
You can quickly rent your desired apartment or house at a reasonable price using the services we provide.
You can find the complete list rentals on the Apartment Listing page where you have the option to set the price range and filter down the properties according to your needs.