October 1st at 3:04pm
How much money would I need?
I can say that in general Hungary is one of the cheapest European country, if we compare it with Western or Norther European countries such as France or Sweden. Therefore if you are not planing a luxury holiday, considering dining three times a day and visiting one attraction per day, 30-40 Euros equivalent in HUF will be enough. This obviously excludes accommodation and transportation costs. I advice you to stay in the city center as much as possible and since it is quite small you can easily avoid taking any public transportation. Eating is also not necessarily needs to be done in fancy restaurants, there are many local foods that you can try in regular supermarkets or markets. These are not only cheap, but sometimes the quality is even better than some of the main restaurants. As such feel free to have your breakfast in a local bakery for a couple of Euros with some diary product. Don't feel embarrassed, since we do it as well!
What are the regular consumer prices in Hungary?
As I have already mentioned, you do not have to be prepared for sky rocketing prices. As such a general meal in even the best restaurants, should not cost more than 10 Euros ( 3500 HUF approximately). However the price can really vary by about 10-20 percent. If you are lucky and find some afternoon set lunches, you can easily have a complete meal for that price including drinks and desserts. Alcohol is also quite reasonable in the capital, a pint of beer usually cost about 2-4 Euros, depending on the quality and location. Transportation can be a bit costly, if we consider how short the distance is. A single ticket as of 2015 September costs 350 HUF ( 1.2 Euro ), which you have to purchase upon every single use.
What about the countryside?
The interesting thing comes, when you leave Budapest and travel to other smaller cities in Hungary. In such a case you can experience a 10-20 percent price drop both in food and transportation costs. Obviously this only applies for the parts that does not have too much effect from tourism. As such, don't expect this when going to lake Balaton or Keszthely for example. More fun is to go to very small villages, where you can easily negotiate with the locals, so the prices are far from fixed!