Tech Cities Index LogoTech Cities Index
Salary ConverterLinkedIn NetworkAbout

About

  • About Tech Cities Index
  • Methodology
  • FAQ

Tools

  • Salary Converter
  • LinkedIn Network

Built with ❤️ by Mohamed Oun

Budapest
#102 of 124
Europe

Budapest

Hungary

Salary & Cost of Living

View purchasing power ranking
Median Salary
$44,800
Based on 212 data points from levels.fyi
Net Salary
$29,792
Tax Rate: 34%
Cost of Living
Same as Budapest
View detailed cost breakdown on Numbeo

Top Paying Companies in Budapest

EPAM Systems logo
EPAM Systems
Ericsson logo
Ericsson
Morgan Stanley logo
Morgan Stanley

Community Insights

New
6.8/10

Budapest offers an attractive proposition for mid-level and senior software engineers looking for a high quality of life at a lower cost. Redditors highlight the city's stunning architecture, excellent public transit, and vibrant international scene as major selling points. While tech salaries don't compete with Western Europe or the US on an absolute scale, the relatively low cost of living allows experienced developers to maintain a comfortable lifestyle with solid disposable income. Multinational corporations are plentiful, offering diverse, English-speaking work environments.

However, the city is not without its significant drawbacks. The job market is heavily concentrated in the capital, and entry-level positions are fiercely competitive, making it incredibly difficult for self-taught juniors or non-Hungarian speakers to break into the industry. Furthermore, locals strongly warn expats about the deteriorating state of public healthcare and education, advising those with families to weigh these factors carefully. High local inflation and political climate are also lingering concerns for some residents.

Bureaucracy is another major pain point. Non-EU expats frequently describe the immigration process as an exhausting ordeal unless a multinational company explicitly handles the paperwork. Despite these hurdles, for those who secure corporate sponsorship and have a few years of experience, Budapest remains a fun, safe, and culturally rich European hub.

Living Environment

Weather•Safety•Pollution•Events

Rankings

Safety Index

Top 27%

#34

of 124 cities

66.4/100

Current value

Cost of Living

Middle of the pack

#42

of 124 cities

40/100

Current value (lower is better)

Community Events

Middle of the pack

#46

of 124 cities

12 events on luma

Current value

Housing Affordability

View affordability ranking
Avg. Property Price
$5,325 / m²
View detailed property prices on Numbeo

The Good

  • Affordable cost of living relative to Western Europe, allowing mid-level and senior engineers to maintain a comfortable lifestyle with good disposable income.
  • Excellent and highly affordable public transportation, which outpaces many major global cities.
  • A highly international and expat-friendly city center, making it easy to socialize and get by with just English in central districts.
  • Widespread use of English in multinational tech companies, meaning Hungarian fluency is not required for corporate IT jobs.
  • High levels of public safety and beautiful, walkable city landscapes.

The Bad

  • The tech job market is strictly centralized in Budapest, with virtually zero well-paying software engineering roles in smaller Hungarian cities.
  • An extremely hostile market for juniors, making it nearly impossible to land a job without a degree, local language skills, or significant experience.
  • Public services are severely lacking, with locals frequently warning that both the healthcare and public education systems are in ruins.
  • Nightmarish bureaucracy for non-EU citizens, with government authorities rarely speaking English and processes described as a "clusterfuck" to navigate alone.
  • High tax and social contribution deductions (around 33.5% total) that significantly cut into gross pay.
  • While renting is manageable, buying property is highly unaffordable on local salaries.

Moving Here

Moderate

Moving to Budapest is highly dependent on your nationality and employer. For EU citizens, relocation is straightforward. For non-EU expats, the bureaucratic process is exhausting. Immigration authorities are notorious for being slow and often only speak Hungarian, making DIY relocation a nightmare. Expats highly advise only accepting job offers where the company explicitly guarantees visa sponsorship and paperwork handling in writing. Socially, however, the city center is very expat-friendly, and English is the standard at multinational tech companies, making daily work and social integration relatively smooth once the initial paperwork is conquered.

Who Is This City For?

Ideal for mid-to-senior level developers seeking a vibrant, low-cost European lifestyle, single expats looking for an active international scene, and those fully sponsored by large multinationals. Avoid if you are a junior or self-taught developer trying to break into the industry, a non-EU citizen attempting to navigate visas without corporate support, or someone with a family relying heavily on high-quality public healthcare and education.

Updated 2/28/2026

Weather4.3/10
Safety66
Pollution53
Events12

Weather snapshot

Average High
16°C
Average Low
6°C
Sunshine Hours
1,988h/yr
Hottest Month High
27°C
Coldest Month Low
-3°C
Rainy Days
70/yr
Muggy Days
7/yr
Cloud Cover
50%

Community & Quality

Budapest community pulse

Budapest has 12 Luma events listed.

Comfortable Weather

Middle of the pack

#62

of 124 cities

43/100 weather score

Current value

Pollution Score

Middle of the pack

#75

of 124 cities

52.9/100

Current value (lower is better)

Tax Rate

Middle of the pack

#80

of 124 cities

34%

Current value (lower is better)

Net Income

Bottom 26%

#93

of 124 cities

$29,792/yr

Current value

Home Affordability

Bottom 20%

#100

of 124 cities

≈14.3 yrs to buy 80m²

Current value

Purchasing Power

Bottom 19%

#102

of 124 cities

SWE Affordability
14.3 years