Cost of Living in Budapest: The 2026 Student Guide
Your guide to daily life, culture and community in the heart of Europe
Your guide to daily life, culture and community in the heart of Europe
Is Budapest expensive? For most international students, the answer is a relieving "No." This guide breaks down exactly what you can expect to pay for rent, food, transport, and fun in Budapest for the 2025/2026 academic year.
To help you plan, we have created two "student personas." See which one fits your lifestyle.
You are here to study and explore, but you are smart with your money. You cook at home, share a flat, and take advantage of student discounts.
Monthly Cost Estimate:
Rent (Room in shared flat + Utilities)
€400
Groceries (Shopping at Lidl/Aldi) €150
Transport (Student Pass) €9
Entertainment (1 night out/week, free events) €80
Phone/Internet €15
Misc (Toiletries, etc.) €20
TOTAL ESTIMATED BUDGET ~ €674 / month
How to stay in this budget:
Live in District VIII, IX, or X.
Cook your lunches for the week.
Take advantage of student discounts
You value privacy, convenience, and experiencing the high-end side of the city. You order food delivery often and travel on weekends.
Monthly Cost Estimate:
Rent (Modern private studio in City Center) €800
Groceries & Dining (Restaurants 3x a week) €400
Transport (Pass + frequent Bolt taxis) €80
Entertainment (Baths, clubs, weekend trips) €250
Phone/Internet (High-speed package) €30
Misc (Gym, Shopping) €100
TOTAL ESTIMATED BUDGET ~ €1,660 / month
The perks of this budget:
Living in District V or VI (walking distance to everything).
Membership at a premium gym with a sauna.
Exploring the Hungarian countryside or Vienna on weekends.
Dorms: €100–€200/month
Shared flat (District VIII/IX): €300–€450/month + utilities.
Private studio (District V/VI): €550–€850/month + 2-month deposit.
See our complete Housing Guide for district breakdowns, scam warnings, and lease negotiation.
Hungarian supermarkets are affordable, but dining out daily will drain your wallet.
If you cook at home, your money goes a long way.
Milk (1L): ~400 HUF (€1.10)
Bread (Loaf): ~500 HUF (€1.25)
Chicken Breast (1kg): ~2,500 HUF (€6.00)
Beer (0.5L can): ~350 HUF (€0.90)
Apples (1kg): ~600 HUF (€1.60)
Budapest has a booming gastronomy scene.
University Canteen Lunch: Most universities offer subsidized hot meals for just 1,500 – 2,500 HUF (€4 – €6).
Street Food (Gyros/Pizza slice): 1,500 HUF (€3.75).
Mid-range Dinner: 6,000 – 10,000 HUF (€15 – €25) per person.
Specialty Coffee: A flat white in a trendy cafe costs around 1,200 HUF (€3.00).
When planning your first month in Budapest, don't forget these one-time or irregular costs:
The Deposit (Kaució): Landlords usually require 2 months of rent upfront plus the first month's rent. If your rent is €500, you need €1,500 in cash on day one.
Textbooks: Depending on your course, budget €100–€200 per semester (though many materials are digital now).
Winter Gear: If you come from a warm climate, you will need a heavy coat and waterproof boots for January and February.
Budapest remains one of the most financially accessible cities in the European Union. Whether you are counting every Forint or have room to splurge, the city offers a high standard of living.
Ready to calculate your specific budget? Head over to Numbeo’s Budapest Page to see today’s prices on specific items like jeans, internet, and tennis court rentals.