Being one of the oldest countries in Europe, Hungary is one of the choice destination for international students who wish to study abroad and therefore, evaluating the cost of living in Hungary for international students is necessary.
More to that, Hungary is a landlocked country in central europe known for its spa towns and hot springs.
Due to its many beautiful environmental features and top notch educational system and affordable tuition fees, thousands of international students troop into the country on a yearly basis to either acquire a bachelor’s degree or a Master’s degree of their choice course.
Meanwhile, to pursue an academic dream abroad, one has to make sure to put his or her finances together to ensure that there’s enough money to finance your studies, such that it can last throughout your time of study.
First of all Consider the Hungarian Currency
The official currency used in Hungary is the Hungarian Forint (HF) and whatever your budgeting should totally dependent on your country’s exchange rate to the Hungarian forint.
Now, let’s target some of the most asked questions by international students that aimed at studying in Hungary and answer them in details.
Some of the most asked question by students who wish to study in Hungary are:
- How much do I need to live and study in Hungary
- What does it cost to study in Hungary
How much do I need to live and study in Hungary in 2022?
You will need about 288,799.00 to 412,381.00 Hungarian Forint monthly expenditure to live and study in Hungary. This is about $700 to $1,000 U.S Dollars to live and study in Hungary.
In some cases, you may need between $400 – $700 per month if you only need to settle your basic academic needs.
Meanwhile, this cost ranges depending on your lifestyle and the type of accomodation you wish to live in. Check the breakdown of the cost below.
Cost of Studying in Hungary for International Students 2022
There are both public and private universities in Hungary. Therefore the amount of tuition fee that you will pay will fully depend on the type of Hungarian institution you got admission into.
Cost of Studying in Hungarian Public Universities 2022
Just like in other countries, public universities in Hungary are much more affordable compared to a private university.
As an international student, you need about $1500 – $6,000 to undergo a bachelor’s degree program in a Hungarian public university. However, courses like Medicine cost much more than other courses
Cost of Studying in Hungarian Private Universities
Tuition fees in private universities are more expensive compared to public universities. However, whatever you are to pay depends on the university you choose to attend.
To study in a private university in Hungary, you will be needing between $8,000 – $30,000.
Some of the affordable universities in Hungary are:
- Eotvos University
- Pàzmàny Peter Catholic University
- University of Pécs
- Corvinus University of Budapest
- University of Szeged
- Semmelweis University
Cost of Rent/accommodation in Hungary for International Students
Whatever you spend in rent depends on the city in which you live. Accomodation in cities like Budapest is more expensive compared to other cities in Hungary.
Moreover, as an international student, it is advisable to live the school hall of residence as this is quite cheaper compared to living off campus.
Living in the school dorm will cost you between $100 – $150. But if you still prefer to live outside the school, then you need around $200 to $300 per month for a room in Budapest, you might be needing less to live in other cities.
Another good way of cutting cost in terms of house rent is by sharing your apartment with a colleague.
Cost of food and feeding in Hungary for International Students
Food is an essential part of life and can never be skipped when making a budget because to stay fit and healthy, we need good food.
Food items in Hungary varies in different parts of the country. It is important to control your lifestyle and eating habits as these could affect your finances.
In Hungary, a meal in McDonald’s cost about $4.50. Nevertheless, you need about $150 – $200 monthly for feeding.
Let’s have a quick look at some of the food items and their prices.
- A bottle of beer – $0.88
- A carton of milk – $0.63
- A Sausage (1 kg) – $8.00
- Bacon (1kg) – $2.50
- Minced meat – $1.60
- Chicken thighs and legs – $1.40
Cost of Transportation in Hungary
There are several transport services available in Hungary. From buses to trains and even taxis, there are so many options to choose from.
The cost of taxis is printed on the door and some companies accept credit cards. For a taxi ride, you need around $0.20 – $1.2. Taking a bus in Budapest costs around $0.87 for a single fare.
Apart from taking a public transport, you can also choose to rent a car. However, the cost of renting a car in Hungary is quite expensive due to the added taxes.
Also, your renting cost depends on the brand of car you wish to rent. To rent a volkswagen golf, you need about $31
Renting of a car might also attract additional expenses, as you are gonna need gasoline to be able to drive the car.
Access to Mobile data and Internet in Hungary for Students
Reaching out to family and loved ones during your years in a foreign country is one aspect that cannot be overemphasized.
This can be achieved by getting a local sim card. There are about 3 different vendors of sim card in Hungary.
- Vodafone – $4.50
- Yettel – $1.50
- Magyar Telekom – $3.50
After getting a sim card, you can connect to the internet through the use of cellular data.
Below are the prices of Cellular data in Hungary:
- Vodafone – $21.00 per month ( unlimited data)
- Yettel : $1,000 per month (3 gb)
- Telekom mobile – $2 / day ( 1gb)
Conclusively, before planning a trip or an academic pursuit, it is important to put your budget into check.
Ensure that you have enough funds that will last you while you are studying. Your lifestyle also affect your expenses, therefore ensure not to live an extravagant lifestyle.
Good news! You can work part time while studying in Hungary. This is gonna help you in your daily bills and expenses.
Whatever you intend to do, make sure you make the right decisions and also, spend wisely. Goodluck!