Prices in Hungary 🇭🇺
In Hungary, beer costs $0.58, mobile data costs $1.71 and diesel costs $2.09. That is 9 of the 16 everyday items in the game, priced in US dollars, in HUF, and as roughly how long someone on the average local wage works to buy one.
Hungary charges 27% VAT, the highest standard rate in the world, and that single fact explains more about Hungarian prices than anything else in this note. Food falls to 18% for milk, dairy and cereal products and to 5% for a few others, but the gap between the headline rate and what a shopper actually pays is smaller here than almost anywhere. Pulling the other way, household energy is heavily regulated: the long-running utility price cap holds electricity and gas well below what the market would charge, so those rows look out of step with the rest of the country's prices.
What things cost
| Item | USD | Local | Work time |
|---|---|---|---|
| Big Mac | $4.99 | 1,660 HUF | 35 min |
| Coca-Cola (330ml can) | no data | ||
| Cappuccino | no data | ||
| Milk (1 litre) | no data | ||
| Eggs (dozen) | no data | ||
| Apples (1 kg) | no data | ||
| Gasoline (1 litre) | no data | ||
| Diesel (1 litre) | $2.09 | 659 HUF | 15 min |
| Electricity (100 kWh) | $12.30 | 3,895 HUF | 86 min |
| Natural gas (100 kWh) | $9.60 | 3,042.4 HUF | 67 min |
| Cigarettes (20-pack) | $6.29 | 2,300 HUF | 44 min |
| Beer (330ml) | $0.58 | 210.54 HUF | 4 min |
| Spirits (750ml bottle) | $10.11 | 3,696 HUF | 71 min |
| Vape e-liquid (1 ml) | no data | ||
| Mobile data (1 GB) | $1.71 | — | 12 min |
| A day's healthy diet | $2.92 | 1,031.79 HUF | 20 min |
Most local-currency figures are printed as the source published them. The cappuccino, milk, egg, apple and petrol rows are converted from US dollars at recent exchange rates; the healthy-diet row is converted the other way. A dash means the source publishes dollars and nothing else. Work time divides the dollar price by an estimated average hourly wage, the roughest number on this page. See methodology.
How Hungary compares
Relative to the rest of the game, Hungary is most expensive for diesel, where it ranks 17th out of 49 countries at $2.09, against a global median of $1.55.
It is relatively cheapest for beer at $0.58, which is 36th of 42, only 6 countries in the game are cheaper.
Measured against local earnings rather than dollars, the item that takes the longest to afford here is electricity (100 kWh), at roughly 86 minutes of the average wage. Dollar prices and work-time prices often rank countries very differently, and that gap is usually the more interesting number.
What the state takes
Standard rate in Hungary: 27% ÁFA. Ordinary groceries: 18% on milk, dairy and cereal products. Where these come from.
Play a puzzle
Hungary comes up in the daily puzzle roughly once every 49 days, paired with a different item each time. Play today's puzzle or browse the archive of past rounds.
Other countries
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- United Arab Emirates
- United Kingdom
- United States
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Why a country's prices look the way they do
- Why poor countries are cheap, and why it is not what you thinkThe real answer has nothing to do with profits or standards. It is a sixty-year-old piece of economics about haircuts, and it explains most of the price map.
- A fifth of what you paid was tax, and you never saw the lineConsumption tax is the largest single wedge between two countries' prices for an identical product, and the one shoppers are least able to see.
- The salary comparison you keep seeing online is wrongConverting a wage at the market exchange rate answers a question nobody asked. Purchasing power parity answers the one you meant, and has its own traps.
- How to compare two countries without fooling yourselfCost-of-living comparisons go wrong in the same six ways every time. What follows is a method that survives contact with a real decision.