Location Factors

Hungary

The location factor for Hungary is 0.64, based on national living costs.

This means a 11,560,155 Ft per year salary would roughly be compareable to €60,000 in Germany.
If you would have to pay full taxes in Germany, this amount would rise to 14,450,193 Ft.
It would be 4,211,619 Ft based on market rates, 5,264,524 Ft with taxes paid in Germany.

You can also start a calculation based on Hungary.

Name Hungary
Chosen Factor 0.64 0.80*
Market Rates 0.23 0.29*
Consumer Price Index 0.64 0.80*
Rent Index* 0.35 0.44*
Consumer Price Plus Rent Index 0.57 0.71*
Groceries Index 0.61 0.76*
Restaurant Price Index* 0.52 0.65*
Local Purchasing Power Index* 0.42 0.52*
Buffer Location Bracket* D or C
Currency Hungarian Forint (HUF)
Income Tax* 16%
* Not used for index.* If taxes paid in Germany instead.
Market rates based on PayScaleEurostatNational Sources. Living costs based on Numbeo.

Locations in Hungary

City Factor Based On
Budapest 0.68 0.86* Living Costs
create calculation* If taxes paid in Germany instead.