Cost of Living

For each month you are living in Budapest, you should consider the below sums of money to cover your expenses in the Academic Year 2015/16.

All costs listed in this document are estimates only and are intended to help students plan their financial resources. Actual expenditures will vary depending on individual spending habits.

CEU estimates that students need to budget an average of 170,000 HUF (approx. 540 EUR / 580 USD) per month to cover accommodation costs, costs of utilities, meals, city transportation, instructional materials, some personal expenses and incidentals. Find the daily exchange rates on Payment Information page, under section „Conversion of fees". Always use the most current exchange rate!

Check the PalPrices.com site for useful information on prices in Budapest or compare the prices of Budapest with those of your home city.

1. Accommodation Costs

Housing in CEU Residence Center (costs are per student per night in sgl room) -- Prices are based on Academic Year 2014/2015 and are subject to change.

CEU Degree students

Short-term stay (less than 31 nights)
Long-term stay (over 30  nights)

3,000 HUF/night
2,500 HUF/night

Exchange/Visiting students
under special institutional agreements

Short-term stay (less than 31 nights)
Long-term stay (over 30 nights)

5,500 HUF/night
3,000 HUF/night

Rented Accommodation in Budapest

Shared apartment

Range of 40,000 - 70,000 HUF/month

2. Residence Permit

Application Fee 18.000 HUF

(To budget also approx. 70.000 HUF for Accommodation and 65.000 HUF for Insurance)

3. Utilities (electricity, gas, water, common fees)

In shared rented accommodation

Range of 10,000 - 25,000 HUF/month

4. Meals

Student Menu at the CEU cafeterias

900 HUF/day (subject to periodic adjustment)

Lunch/Dinner at a local (fast food) restaurant

Range of 900-1,500 HUF/meal

Meals at CEU cafeterias or local restaurant (based on one meal per weekday)

30,000 HUF/month

Estimated cost of food (local shopping in addition to one meal at the CEU cafeterias or local restaurants)

30,000 HUF/month

5. Public Transportation

Monthly travel pass

9,500 HUF/month

Single ticket

350-530 HUF/trip

6. CEU Instructional Materials

CEU Readers: costs vary by reader

Range of 1,000 - 7,000 HUF/ month

Fall and Winter term language courses

Hungarian Beginner: 22,000 HUF/ semester (2x2 hours/week for 10 weeks)

Other levels of Hungarian: 35,000 HUF/ semester (2x2 hours/week for 10 weeks)

French, German, Italian and Spanish: 35,000 HUF/ semester (2x2 hours/ week for 10 weeks)

Spring term language courses

Hungarian Beginner: 14,000 HUF/ Spring term (2x2 hours/ week for 6 weeks)

Other levels of Hungarian: 22,000 HUF/ Spring term (2x2 hours/ week for 6 weeks)

French, German Italian and Spanish: 22,000 HUF/ semester (2x2 hours/ week for 6 weeks)

Chinese courses – free of charge

7. Personal Incidentals

Personal care products, laundry products, and other 8,000 - 18,000 HUF/month

8. Health Insurance

All recipients of CEU financial aid receive health insurance as part of their financial aid package

CEU Health Plan 6,500 HUF/month

9. Miscellaneous Expenses

Students must expect to pay such miscellaneous charges as:

  • Replacement of CEU ID card 10 EUR
  • Replacement of locker key 1,000 HUF
  • Transcript Fee per official copy 500 HUF (issued within 3 working days)
  • Transcript Fee per official copy 1,000 HUF (issued within 1 working day)