10 Best Fully Funded Scholarships in 2026 for International Students

Students can choose between dormitories, shared flats, or private flats for accommodation in Hungary. However, housing makes up the majority of your living expenses in Hungary. 

The most affordable option is the university dormitories, either on campus or somewhere close to campus. Dormitory or residence hall rent can cost anywhere from 720 to 960 EUR per year. It mainly depends on the kinds of facilities offered. Most dormitories come with very basic facilities such as bedding, a desk, electricity, bathroom facilities, a kitchen, etc. Students mostly have to share these facilities with roommates. Living in a dorm is the greatest option for newly admitted students. It is also a better choice because it saves travel time.

Food does not cost much if students eat in the university canteen or cook their own meals. Restaurant food can be heavier on a student’s pocket. One must plan for a monthly expenditure of between 120 and 200 EUR for food and supplies. There are some cheap takeout options and inexpensive restaurants also available in Hungary!

The average food cost in Hungary for international students is 1,500-2,000 EUR per year. 

Health insurance in Hungary is mandatory during the whole duration of studies. Non-EU/EEA citizens are strongly advised to apply for their student health insurance before arrival in Hungary. Private insurance is highly recommended for international students. Glasses and contact lenses, as well as services provided by a dentist, physiotherapist, or chiropractor, are all partially or never covered by student health insurance. The average healthcare cost in Hungary for international students is 200-300 EUR per year. 

This part of living expenses depends entirely on the student’s spending habits and lifestyle. On average, students can budget 200-300 EUR per year on personal expenses in Hungary. These include costs like leisure activities, gym membership, cinema tickets, clothing, etc. The official currency in Hungary is the Hungarian Forint (Ft). Although EUR is accepted in some places, the country heavily uses Ft. International students can pay using credit cards. Credit cards like Mastercard, Visa, and American Express are accepted everywhere, including malls, restaurants, and shops. ATMs are also widely available for cash withdrawals. Students can use their student ID cards to avail themselves of discounts on shopping, leisure activities, and transportation. The average cost of personal expenses in Hungary for international students is 120-300 EUR per year. The cost of living in Hungary is typically seen as affordable by European standards. To be able to pay your rent, buy proper food and transportation, and cover personal living expenses, you will need 5,000 to 7,000 EUR per year. Housing takes up the majority of your living expenses.