Cost of Living for Masters (MSc) in Hungary

Hungary is a relatively small European nation with much to offer to international students coming for master's studies there. The country's high standard of living should not misguide you into thinking that you may have to spend a huge amount of money to study and live in Hungary. Well, that's not the case. By European standards, the living cost for Indian students in Hungary per month to studies masters is on the lower side, making Hungary an affordable destination for masters studies. However, when estimating the cost of living in Hungary to study masters programs, an international student must have €700 per month in their account to demonstrate that they can support their studies in Hungary. For details, call the GoHungary study counselors and discuss them in detail.

If you are on a budget, note that you can avail of different discounts on Hungary's public transport, cafeterias, restaurants, and cinemas as a student. There are different varieties of accommodations available to international master's students in Hungary. On-campus accommodation cost for masters in Hungary is quite affordable, ranging between HUF 10 000 and HUF 30 000 per month. Staying at these accommodations is the easiest way to make friends and establish a social community while pursuing a master's in Hungary. But you must be very fast in booking these accommodations because they are limited, and their availability may vary from one university to another.

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To book accommodations in Hungary and to avail the best flight deals on tickets to Hungary, consult the study experts at GoHungary.

The estimated cost of living in Hungary while studying MSc would range between HUF 40 000 and HUF 50 000 per month if you choose to stay at private dormitories that do not belong to a college or university. On the other hand, living in a rented apartment or flat may be a more feasible option than staying at a private dormitory. This cost will depend on which city you are renting the apartment as there can be huge differences in the cost of living in different small and large cities in Hungary. Anyway, you must prepare to pay approximately HUF 100, 000 per flat and between HUF 50, 000 and HUF 70, 000 per room.

Living expenses in Hungary for non-EU masters students may also include the money you spend on food, travel, and recreation. While the average cost of living for a single person studying master's in Hungary ranges between €375 and €700 per month based on your spending habits, be prepared to spend €115 to €130 per month on food, €40 to €60 per month on monthly utilities, €11 per month on transport and €20 to €35 per month on entertainment and recreation. You may also have to spend some money on private medical insurance, which may vary based on the duration of your stay in Hungary and the type of medical services included in your insurance.

For more clarity on the cost of studying and living in Hungary, connect with the study experts at GoHungary. We will provide you with student loan assistance at lower interest rates. We also offer 100% scholarship guidance for you to apply for the right scholarships and further bring down your cost of living and studying in Hungary. Connect with us now!

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