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Currency and Cost of Living

Hungary - Currency and Cost of Living


The Hungarian unit of currency is the Forint (HUF or Ft). Coins come in denominations of 1, 2, 5, 10, 20, 50, 100 Ft and banknotes in denominations of 200, 500, 1,000, 2,000, 5,000, 10,000, and 20,000 Ft. The Euro is to be introduced as Hungary's official currency in 2010.

The cost of living in Hungary is relatively low, with groceries costing about the same or less than in other parts of Europe if bought in supermarkets, and cheaper products available at local markets and some small shops. Many expatriates working for foreign companies or diplomatic missions live very comfortably in Hungary as their salaries are usually higher than those of local workers.

Typical costs include:

Litre of milk Ft160.00
Loaf of bread Ft160.00
Small bottle of beer Ft130.00
Litre of bottled water Ft150.00
Bottle table wine Ft384.00
Litre of petrol Ft265.00
Restaurant meal Between Ft500 and Ft2500


Read more about this country



Expat Health Insurance Partners


Bupa Global

At Bupa we have been helping individuals and families live longer, healthier, happier lives for over 60 years. We are trusted by expats in 190 different countries and have links with healthcare organisations throughout the world. So whether you're moving abroad for a change of career or a change of scene, with our international private health insurance you will always be in safe hands.

Cigna

Cigna has worked in international health insurance for more than 30 years. Today, Cigna has over 71 million customer relationships around the world. Looking after them is an international workforce of 31,000 people, plus a network of over 1 million hospitals, physicians, clinics and health and wellness specialists worldwide, meaning you have easy access to treatment.