5 Best Places to Retire in Hungary

This article looks at the 5 best places to retire in Hungary. If you wish to check out our detailed analysis on Hungary’s affordable appeal, visit the 12 Best Places to Retire in Hungary. 

5. Debrecen 

Insider Monkey Score: 15

Average Monthly Cost of Living (Per Individual): $1,420

Average Monthly Rent (1-bedroom): $480

The student city of Debrecen is one of the best places to retire in Hungary for expats. Recently featured on our list of safest places to retire under $3,000 a month, the city not only promises retirees an affordable cost of living but also benefits such as a vibrant cultural scene and high-quality healthcare. Retirees can choose to engage in lifelong learning at the University of Debrecen, enjoy the city’s extensive green spaces like Nagyerdei Park, and explore attractions such as the Reformed Church and the Déri Museum.

4. Szentendre 

Insider Monkey Score: 16

Average Monthly Cost of Living (Per Individual): $1,450

Average Monthly Rent (1-bedroom): $500

A picturesque Hungarian town on the Danube River, Szentendre captivates with its Mediterranean-style architecture, cobblestone streets, and colorful buildings, creating a backdrop so vibrant that is irresistible to ignore. Its main square, Fő Tér, as well as the alleyways around it, are dotted with art galleries, museums, and shops. Retirees can enjoy a slow pace of life here, all while enjoying proximity to Budapest and the additional amenities that it offers.

3. Pécs 

Insider Monkey Score: 17

Average Monthly Cost of Living (Per Individual): $1,450

Average Monthly Rent (1-bedroom): $500

Sitting on the slopes of the Mecsek mountains in southern Hungary, Pécs is a charming city brimming with architectural beauty and natural splendor. Its traditional Hungarian atmosphere, affordable cost of living, and friendly residents make it a good option to settle down in one’s golden years. Retirees can explore the many cultural offerings of the city at the Zsolnay Cultural Quarter and The National Theatre of Pécs, explore museums such as the Cella Septichora, and escape into the natural beauty of the nearby Mecsek Mountains. The city also boasts well-developed healthcare facilities, a warm community, and a thriving arts scene.

2. Lake Balaton 

Insider Monkey Score: 18

Average Monthly Cost of Living (Per Individual): $1,730

Average Monthly Rent (1-bedroom): $600

Considered a major holiday destination complete with beaches, resort towns, and high-rise hotels, Lake Balaton can be an ideal place to relax in your golden years. However, this place is not just for beach lovers, but also for food and wine enthusiasts. Fun-loving retirees will love it for its buzzing calendar bursting with events such as the Balaton Sound (one of Europe’s largest open-air music festivals). Then there is the Balaton Uplands, where retirees can go to the idyllic Káli Basin area filled with farmhouse-style restaurants to savor great cooking. Lake-side lifestyle, well-developed infrastructure, mild climate, and stunning beauty together make Lake Balaton a highly sought-after retirement destination.

1. Budapest 

Insider Monkey Score: 20

Average Monthly Cost of Living (Per Individual): $1,500

Average Monthly Rent (1-bedroom): $550

Budapest, the capital and most populous city of Hungary, is a top retirement destination for expats. The city, along with the banks of the Danube, the Buda Castle, and the Andrassy Avenue, is considered by UNESCO to be “one of the world’s outstanding urban landscapes”. Budapest was also recently ranked as one of the best places to retire in Europe for English speakers. Its rich culture and vibrant nightlife have been attracting a large expat community, making it easier for retirees to make friends and feel at home. Historic buildings, rich cultural heritage, excellent restaurants, good-quality healthcare, and most of all, affordable living, have all earned it the top spot on our list of best places to retire in Hungary.

If you wish to check out our detailed analysis, visit the 12 Best Places to Retire in Hungary. 

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