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.
|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)|
Locations in Hungary
|Budapest||0.68 0.86*||Living Costs|