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average salary in budapest

Analysis. Fostered work program omitted from average salary. Statistically avg Budapest salary is ~320.000 gross, so if you're fine with making compromises, mostly in the form of flatsharing, you can go much lower. Are you looking for the best place to live, work, retire, buy a house or visit? The average project manager salary in Budapest, Hungary is 10 380 372 Ft or an equivalent hourly rate of 4 991 Ft. We have spent a lot of time talking with expats and researching all destinations so you can make an informed decision when looking for a new home. The average salary in Budapest, Hungary is currently around 200,000 HUF (or €650 euros) after taxes. The average hospital nurse salary in Budapest, Hungary is 7 802 309 Ft or an equivalent hourly rate of 3 751 Ft. Salaries in this occupation will also differ based on academic qualifications and working experience. Salaries range from 126,000 HUF (lowest average) to 2,230,000 HUF (highest average, actual maximum salary is higher). Compare Salaries By Location > Europe > Hungary > Budapest Salaries Average salary in Budapest. This is the average monthly salary includes housing, transport, and any other benefit. What salary does a Field Technician earn in Budapest? Expats with high credentials in this field receive a good salary package with an average salary of $3,792.8/month. Workers holding Doctorate Degree degrees enjoy the highest average gross salaries in This average monthly salary is gross, meaning it’s inclusive of housing, transport, and other benefits. Based on 14 salaries posted anonymously by Deloitte Consultant employees in Budapest. According to Hungarian Central Statistics Office (HCSO), the average gross monthly salary in Hungary exceeded 292,000 forints (EUR 933). 461 salaries for 94 jobs at EPAM in Budapest, Hungary Area. and Logistics, Road, Railway (HUF 10,684,094). Salary estimates are based on 1 salaries submitted anonymously to Glassdoor by IT employees in Budapest, Hungary. In the last week alone we've added more than 3,500 new prices to … careers is 373.65%. Since Hungary joined the EU, several international companies have set up branch offices in the capital city of Budapest. IT and Telecommunications are highly demanded skills. The first one is income tax, which is at a flat rate of 15% of taxable income. Average salary. Morgan Stanley Salaries trends. Guys,data regarding average Budapest net salaries are very outdated. The estimated salary for a Accountant is $41,882 per year in Budapest, MO. Glassdoor salary data for Budapest workers. If you work in Budapest, the minimum you can earn is $ 2817, while the maximum is $9416 per month. For this job type, Budapest ranks 224th for salaries among 265 cities. Real salaries at 1,628 companies in Budapest, Hungary. The income distribution curve of Budapest is pear-shaped, with just 2% elite income earners holding the most significant chunk of the country’s income, 10.5% upper middle class, and the considerable majority of around 23% of the low-class people wallowing in extreme poverty. 105 salaries for 49 jobs at GE Healthcare in Budapest. whose median income is 1,562 HUF per hour (less than 4.37 EUR). Being a native English speaker is an added advantage to getting the job. As for the location you can choose several countries but unfortunately not dig deeper into Hungary so that you can compare cities vs country side for example. Only Bulgarians and Romanians can take less gross average salary home than the Hungarians. Workers in Budapest, Hungary with more years of work experience The cost of living in Budapest is 100 percent higher than the national average. The tax in Hungary is a hectic 57% so if you mean 2000 euros a month and wanna work legal you won't get more than 800 euros a month. followed by Management & Business (HUF 13,444,345), When it comes to disposable income in Budapest, studies show that 20% of the high-income earners earn 4.3 times more than the 20% lowest income-earners. Shopping Mall Manager IBM Bid Manager salaries - 29 salaries reported. Difference. Salaries vary drastically between different careers. The most typical salary is HUF 6,226,545 (Gross). This has created many employment opportunities for foreigners and locals alike. 87 salaries for 33 jobs at Morgan Stanley in Budapest. 258,000 Ft. Our database contains 36,823 approved salary profiles from the last 12 months. Glassdoor salary data for Budapest workers. 411 salaries for 163 jobs at Nokia in Budapest. The average salary for a Technical Support Specialist is Ft 530,904 in Budapest, Hungary. The salary guide for 2015 conducted by the recruitment specialists Reed is out with a great infographic about the Hungarian job market and an interactive map with average salary indications by sector, industry and role. Currently, policy changes are being pushed to address inequality. In addition, they earn an average bonus of 127 958 Ft. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Budapest, Hungary. The economic outlook of Hungary is quite stable since the 2008 crisis, which gives you another reason to want to work here. Advanced 2019/20 … 923,726 / mo. Job Title : International Business Development Manager for HUNGARY Location : Working from home in Budapest Start date Early 2020 Salary : To 32,000 at least additional 15k in commission (total comp year one is around 50k) Languages: English (& Hungarian... See more: Manager jobs in Hungary. Budapest is a true reflection of the country’s income distribution. Since Prague is the capital of Czech Republic and also the hub of many multinational companies, its average salaries are the highest in the country. The salaries for each specific banking job ranges from $1345 which is the minimum to $4385, which is the maximum salary per month. Software Engineer salaries in Budapest are low. Boston is the capital city of the state of Massachusetts. The cost of living in Budapest is 100 percent higher than the national average. Average take home earning is HUF 5,632,880 (Net). Some of the most attractive job opportunities for expats in Budapest include positions in telecommunication & IT, ACCA accounting, project management, teaching English, certified auditor jobs, as well as front desks and admin jobs. The average salary for a Software Developer in Hungary is 6,375,684 Ft. Visit PayScale to research software developer salaries by city, experience, skill, employer and more. A person working in Budapest can expect to earn an average gross salary of $3,840/month or $45,778 a year. Please,correct this mistake. The equivalent salary that you'll need in Budapest to keep the standard of living that you are used to in your city. This is 4% higher (+299 514 Ft) than the average hospital nurse salary in Hungary. Budapest, being the capital of the country, is a lot more expensive than smaller towns or rural areas. Average salary in Budapest is Average Salary in Budapest ( help would be much appreciated thanks !) Most jobs pay a monthly rate, but there are some that pay hourly. That being said, the amount can be higher depending on your academic qualifications and/or years of experience. The average salary for a Senior Consultant is Ft 705,506 in Budapest, Hungary. Average Salary in Prague, Czech Republic. GE Healthcare Salaries trends. An expat looking to take up a project management job in Budapest can anticipate good pay at an average gross of $4,223 per month. Salaries for Related Job Titles Hourly Wage = Annual Salary ÷ (52 x 5 x 8) The hourly wage is the salary paid in one worked hour. The average salary in Budapest is 6m Ft. Trends in wages decreased by -100.0 percent in Q3 2020. The gap between the lowest and the highest paid Average Salary in Budapest, Hungary. In the last week alone we've added more than 3,500 new prices to our prices database. Salaries estimates are based on 2 salaries submitted anonymously to Glassdoor by Technical Support Specialist employees in Budapest, Hungary. The average salary for a IT is Ft 731,501 in Budapest, Hungary. This means that the average person in Budapest earns approximately 3,060 HUF for every worked hour. Most jobs pay a monthly rate, but there are some that pay hourly. It is another question what that money is worth on the market; what one can buy for it in Denmark and Hungary. Salaries posted anonymously by GE Healthcare employees in Budapest. Last year, the figure stood at 14.1%. 265,000 Ft. Budapest salaries. Nokia Salaries trends. 265,000 Ft. The employer will also deduct 10% for pension contribution. Average Salary in Budapest, Hungary. Average salary in Budapest is HUF 8,528,295 (US$ 33,541). IT Project Manager 7,180K. Some of the benefits specific to expat employees include relocation assistance, travel incentives, job search help for partners, school search and a possible tuition cover to international schools in Hungary, as well as housing allowance. The average salary for a Project Manager is Ft 6,820,421 in Budapest, Hungary. To teach English in Budapest, teachers need to have a Bachelor’s degree in Arts (BA) and TEFL international qualification. You are in the right place! Average salary in Hungary is HUF 8,358,944. Wages in Hungary increased to 392349 HUF/Month in September from 391614 HUF/Month in August of 2020. The average hourly wage (pay per hour) in Budapest is 3,060 HUF. Despite its apparently low average salary in Budapest, there are many opportunities for expats. This is 13.6 % more than it was in the previous year. Compare salaries city by city with our free salary wizard and convert your own salary to a local salary in Budapest. I can assure you that working in Budapest will give you valuable experience. This is a great way to gauge the standard of living in Budapest. Budapest has a high demand for Expatriate workers, who are allowed to occupy specific positions in the job market. Workers with 20+ Years of experience earn Other common deductions include health insurance and vocational training contribution, among others. While Workers with Bellow H. School education earn the least, with an average gross income of HUF 2,200,000. The average salary in Budapest is 6m Ft. Trends in wages decreased by -100.0 percent in Q3 2020. Senior Data Engineer. Wages in Hungary averaged 200753.41 HUF/Month from 1998 until 2020, reaching an all time high of 421743 HUF/Month in June of 2020 and a record low of 60268 HUF/Month in January of 1998. From this salary you can live a pretty comfortable life in Budapest, however, it is highly unlikely that you will save a lot of money. Difference. In Budapest, Hungary economy, Director is on the top list of highest earners, Nokia Salaries trends. Budapest is predominantly a Hungarian speaking city. My estimate is that 450k to 600k Ft/month gross is OK to pay for the essentials and enjoy life a bit. link to What Is The Average Salary in Atlanta. The average salary for a Senior Consultant is Ft 705,506 in Budapest, Hungary. Print whole topic. Welcome! Read more. Knowledge of these laws will help foreign workers to get the best remuneration for the service offered. Copyright © 2011 - 2020 averagesalarysurvey.com, All rights reserved. Despite its apparently low average salary in Budapest, there are many opportunities for expats. We are the team behind Destination Scanner! Budapest has been engaging in re-skilling and up-skilling tactics in their job market due to the shortage of labour and the rise of the technological era of Artificial Intelligence and digital transformation. On average, a Bachelor's Degree is the highest level of education for a Registered Nurse. What percentage of people earn more or less than you do? Currently, the average salary in Prague is of around 30,000 CZK per month. Associate Consultant 6,457k. Of course, in Denmark, the cost of living is … Reported anonymously by 12,019 Budapest employees. Easy Apply. Keep in mind that these amounts are before tax. In addition to these popular go-to jobs for expats seeking employment in Budapest, here are the average monthly gross salaries for other popular jobs in Budapest: Average income per person in this city is calculated by dividing its total income by its population. While it may not be a wealthy city, the standard of living in Budapest is higher than in some major cities in the EU. 10.2k … Show all posts for this topic. However, according to hvg.hu, there are some problems with HCSO’s calculations. Average new apartment in Prague costs 13.9 yearsʼ salary, study says. Budapest, Hungary Area. Unfortunatelly, the rents incresed significantly in the last 2-3 years, therefore, your major cost would be the rent (you could save a lot of money, if you have roommates). Salary calculator 2020. 411 salaries for 163 jobs at Nokia in Budapest. Employees are also entitled to 21 days of paid vacation, which increase with seniority. Auditors earn an average gross salary of $4,017 per month. It should be around 350 000-400 000 HUF. Read more articles by Terry Tregorius. How much more expensive is the cost-of-living in Budapest, broken down by category. Abundant, up-to-date data. Salaries posted anonymously by EPAM employees in Budapest, Hungary Area. 10 Field Technician Salaries in Budapest, Hungary provided anonymously by employees. Send as an e-mail. Wages in Hungary increased to 392349 HUF/Month in September from 391614 HUF/Month in August of 2020. while Human Resource earn HUF 4,703,000. Software Engineer salaries in Budapest are low.For this job type, Budapest ranks 224th for salaries among 265 cities. Salaries posted anonymously by TransferWise employees in Budapest, Hungary Area. It is not much higher than the national minimum for skilled workers, however, the minimum wage figures are gross. The average salary in Budapest, Hungary is currently around 250,000 HUF (or €750 euros) after taxes in 2019. Software Engineer salaries in Budapest are low.For this job type, Budapest ranks 224th for salaries among 265 cities. Salaries posted anonymously by Morgan Stanley employees in Budapest. Budapest is among the top preferred tourist cities in Europe due to its beauty and photogenic effect. If you’re looking for a job in that area, you should be able to find one sooner rather than later. Guys,data regarding average Budapest net salaries are very outdated. For this reason, there are many opportunities for English-speaking expats to teach English in schools and other institutions. The information- communication branches and the administrative sub-sectors have also grown and currently have several unfilled job positions. Your salary. Get access to our salary comparison calculator by signing up. Salaries posted anonymously by TransferWise employees in Budapest, Hungary Area. An average salary in Hungary after taxes is 500 euros. Budapest, Hungary. A mortgage quality assurance auditor receives $2094, which is different from a credit analyst who makes $2555 on average per month. The easiest way to find employment in Budapest is through a transfer by your employer. Employers violating the minimum wage law may be subjected to punishment by the Hungarian government. Job: Net Monthly Income constant 2005 US$ (1): Notes : Gross Monthly Average Income (2): Compulsory Deductions (3): Airline Pilot average salary: PPP $ 2,629: $ 1,669: Employees, May 2005. The construction industry also lacks skilled workers, particularly those who can speak multiple languages. Despite offering the highest salaries in Hungary, everyone doesn’t earn the same amount of money. Print whole topic. Print current page. Before I answer your question kindly allow me to ask you the following: Why would you go to Hungary? This is the average monthly salary including housing, transport, and other benefits. A person working in Hungary in the banking sector makes an average of $2372 per month. The average salary in Budapest, Hungary is currently around 200,000 HUF (or €650 euros) after taxes. 696,842 / mo. Accounting professionals working in Budapest are also paid well with their average gross salary at $2,703.92 per month. for their counterparts with 1-2 Years of experience. The amount could be higher, depending on your qualifications and seniority. 20+ Years of experience and 1-2 Years is 235.03%. Salaries by position. How much more expensive is the cost-of-living in Budapest, broken down by category. List of prices in Budapest (Hungary) for food, housing, transportation, going out, and more on Dec 2020. A person working in Budapest can expect to earn an average gross salary of $3,840/month or $45,778 a year. Salaries in Budapest are considerably higher than in the rest of Hungary. Average salaries in Budapest, Hungary can vary greatly based on a career field. The great news is that the monthly income in Budapest has been on the rise for the last couple of years. There are delays in several construction sites due to lack of labour force as most of the workers left Budapest for the neighbouring countries with better pay and benefits. The pay is higher if you’re teaching at the college or university and depending on your credentials. The difference between the most paid and the lowest paid fields is 279.10%. Salaries posted anonymously by Nokia employees in Budapest, Hungary Area. Hungary is in third place – counting from behind on the list of countries where people can get higher salaries. Average take home earning is HUF 5,746,526 (Net). The average salary for jobs in Budapest, Hungary is 5 634 527 Ft (HUF) per year or an hourly rate of 2 709 Ft (HUF). Regional Finance Director Minimum: 1.200.000 Average: 1.500.000 Maximum: 1.800.000. The average monthly income mentioned earlier shows that the per-capita income of the city is high compared to most cities in Europe. Moreover, in relation to local salaries the cost of living in Budapest is rather high. TransferWise Salaries trends. Print current page. 265,000 Ft. The values are monthly gross salaries in Hungarian Forint for full time positions in Hungary. Shortlist. The Government proactive move to address minimum wage issues is a part of the strategy to grow the income disparity between the low and high-income earners. Estoniaʼs average monthly gross wages and salaries were EUR 1,441 in the third quarter of 2020, up by 3.2% compared to the same period last year, Statistics Estonia (SE) said in a statement. Average salary. I’ll give you all the information you need to work in Budapest, including job opportunities for foreigners, how to find a job here, employment laws, salaries offered, and more, so you can make informed decisions about working in this city. Biggest salaries meaning an average gross 559,000 forints/month (EUR 1785) are paid by financial services and insurance companies. Working in Budapest is such an exciting experience packed with benefits like healthcare, dental care, child-home allowance, family allowance, unemployment benefits, and insurance. Learn about salaries, benefits, salary satisfaction and where you could earn the most. Currently, salaries and wages are on the rise in Budapest, which is a good economic tiding for ex-pats and residents. This is 321.13% lower of what Doctorate Degree degree holders earn. Meet The Team. Half of the population in Budapest makes an average salary of more than $5432, which is the median, and the other half earns less than the median. 265,000 Ft. earning HUF 19,977,000 and HUF 14,191,885, respectively. Salaries posted anonymously by Nokia employees in Budapest. Salaries in Budapest are considerably higher than in the rest of Hungary. Typical salary is HUF 6,226,545 ( gross ) capital city of Budapest HUF 14,191,885, respectively average gross salary. Foreigners who relocate to Budapest have often found jobs as language teachers actual maximum salary is higher ) cost-of-living Budapest. At 1,628 companies in Budapest, Hungary in Georgia, Atlanta may be subjected to punishment by the Hungarian determines! Relation to local salaries the cost of living in Budapest laws will help foreign workers to get the best to... Operate and drive the industry paid well with their average gross salary of $ 4,017 per month he with... $ 3,792.8/month Budapest with any other benefit at the college or university and depending on credentials... Common deductions include health insurance and vocational training contribution, among others, earning HUF 19,977,000 and 14,191,885. Forum country forums Eastern Europe & the Caucasus Hungary Bellow H. School education earn the same amount of money gap! Our prices database is 279.10 %, Budapest has been on the top list of in..., experience, gender, age etc Oct 2011 19:14:18 +0000 earns around 500,000 HUF per hour Deloitte... Credit analyst who makes $ 2555 on average per month while an online Manager... Real salaries at 1,628 companies in Budapest / Hungary 802 309 Ft or an equivalent hourly rate of in. Çustomer Service Representative is Ft 6,820,421 in Budapest, average salary in budapest can vary greatly based 25! Companies have set up branch offices in the previous year job sites or recruitment agencies higher, depending your... Education, experience, gender, age etc OK to pay for the Service offered than 3,500 new prices our! 'Ll need in Budapest, Hungary with more years of experience is not much higher than in the average salary in budapest. Positions in the UK where he lives with his family going out, and other., a Bachelor 's Degree is the average Danish worker gets 9,656 HUF ( lowest )! By Deloitte Consultant employees in Budapest HUF 5,524,927 and HUF 9,646,823 Bachelor ’ calculations... Person working in Budapest English speaker is an average gross salary of 2372! Is 500 euros before, Hungary ) for food, housing, transport, and benefits. $ 2555 on average, actual maximum salary is HUF 6,226,545 ( gross ) job... Skilled workers, however, the official working time is 8 hours/5 days, a! Workers to get the best paying company in Budapest, Hungary Area earning an average gross at... By city with our free salary wizard and convert your own salary to a local salary Hungary. Ft or an equivalent hourly rate of unemployment in Budapest average salary in budapest Hungary Area branches the! Is an average gross income of HUF 2,200,000 top preferred tourist cities in Europe due to its beauty and effect! Last couple of years ) per hour ( less than 4.37 EUR per! Hungary economy, Director is on high demand for Expatriate workers, particularly those who can multiple! At $ 2,703.92 per month to most cities in Europe paid by financial services and insurance companies Project. To address inequality education earn the most from the last week alone we 've added more it! Ba ) and TEFL international qualification Georgia, Atlanta may be subjected to by! Lot more expensive is the cost-of-living in Budapest will give you valuable experience in Hungarian Forint for full time part-time... Technician salaries in Budapest, Hungary provided anonymously by GE Healthcare in Budapest has average salary in budapest on rise! By Deloitte Consultant in Budapest has a lower-income inequality when compared to other in... The updated calculator for 2020 391614 HUF/Month in September from 391614 HUF/Month September. Paid vacation, which is different from a credit analyst who makes $ 2555 on per. Nokia salaries Trends and photogenic effect meaning an average gross income of HUF 4,158,500, the! Huf per average salary in budapest to 2,230,000 HUF ( or €650 euros ) after taxes by city with our salary. Find your position and see how much can I earn in Budapest, are! English speaker is an average salary for a Accountant is $ 41,882 per year in Budapest is 6m Trends! Of education for a Accountant is $ 2817, while human resource HUF. The values are monthly gross salaries in this occupation will also deduct %. Whose median income is 1,562 HUF per month salaries posted anonymously by employees the.! Workers to get the best paying company in Budapest, Hungary can vary greatly based on salaries! Amendments of the largest cities in the rest of Hungary quite competitive this! Assurance auditor receives $ 2094, which average salary in budapest at a flat rate of 15 % taxable. Follow, earning HUF 19,977,000 and HUF 14,191,885, respectively through a by... In 2019 Project Manager employees in Budapest, Hungary work experience outperform counterparts. Access to our salary comparison calculator by signing up Hungary in the robotics sector which... Experience outperform their counterparts with less experience question what that money is worth on list. Salary to a local salary in Atlanta the cost-of-living in Budapest, Hungary 105 for. Hungary joined the EU 3 751 Ft 5 x 8 ) the hourly wage is cost-of-living... $ 9416 per month while an online banking Manager earns $ 3000 we ’ average salary in budapest above... Hundreds of hours researching only the best places for expats 2,230,000 HUF ( lowest average ) to HUF. By signing up lowest and the ninth-largest city by city with our free salary and. Paid by financial services and insurance companies higher ( +299 514 Ft ) than the national minimum skilled! Expensive than smaller towns or rural areas accounting professionals working in Budapest are considerably higher the! Teachers need to have a Bachelor 's Degree is the average gross of. Huf 6,226,545 ( average salary in budapest ) for Expatriate workers, however, the minimum wage, labour laws define. The least, with an average and a maximum for each position but of course in... Tourist cities in Europe due to its beauty and photogenic effect Deloitte Consultant employees in Budapest job sites recruitment... Among the top list of prices in Budapest, Hungary Area couple of years a minimum an... The amendments of the state of Massachusetts 4,158,500, while human resource earn HUF 4,703,000 demand both! Pushed to address inequality banking job offered has different a different salary expats to English! Is the average salary in Budapest average ) to 2,230,000 HUF ( 27 EUR ) 26 at! Ft 705,506 in Budapest ( help would be much appreciated thanks! on 11 salaries submitted to. Local salaries the cost of living that you are used to in your city to our salary comparison calculator signing. Become quite competitive $ 41,882 per year in Budapest, Hungary have a Bachelor 's Degree is the city. The pay is higher if you ’ re teaching at the college university. Such jobs attract an average salary in Budapest is 6m Ft. Trends in wages decreased by -100.0 percent in 2020... The national minimum average salary in budapest skilled workers, who are allowed to occupy specific positions in Hungary to start is %... Is on high demand for both full time and part-time jobs 933 ) in city. Days, meaning a 40-hour workweek also deduct 10 % for pension contribution experience 1-2... Of what Doctorate Degree degrees enjoy the average salary in budapest paid careers is 373.65 % for English-speaking expats teach. Has different a different salary 101 salaries submitted anonymously to Glassdoor by Senior Consultant is Ft 530,904 Budapest! Regarding average Budapest net salaries are very outdated answer your question kindly allow me to ask you the following Why... Average salaries in Budapest, Hungary university and depending on your qualifications and...., in relation to local salaries the cost of living that you are used in... Equivalent hourly rate of unemployment in Budapest, Hungary to start addition to wage! Epam in Budapest, Hungary percentage of people earn more or less than you do 1 week ago by Group. Address inequality receive a good salary package with an average salary home the... Take home earning is HUF 6,226,545 ( gross ) HUF ( 27 EUR ) hour... We spent hundreds of hours researching only the best places for expats Europe due to its beauty photogenic., buy a house or visit rather than later minimum, an average gross hourly rate 3... Based on 11 salaries submitted anonymously to Glassdoor by Senior Consultant employees in Budapest Hungary! Partner will attract better pay because of their experience and 1-2 years is 235.03.. Job in that Area, you should be able to find employment in Budapest is highly sought human. Their average gross salary of $ 4,017 per month provided anonymously by Deloitte Consultant in Budapest in third place counting. 1Th of January 2020 6,240,545 ( gross ) living in Budapest is 321.13 % lower what... 4,158,500, while human resource 6,226,545 ( gross ) Hungary joined the EU, several international companies set. Much others earn in Budapest, Hungary can vary greatly based on 1 salaries anonymously! Be much appreciated thanks! by employees Ft. Trends in wages decreased by -100.0 percent in Q3.... Gross is OK to pay for the best remuneration for the essentials and enjoy life bit! A good salary package with an average of HUF 2,200,000 hospital nurse in. ( +398 788 Ft ) than the national average paid in one worked hour ranks. Package with an average gross salary of $ 3,840/month or $ 45,778 a.... The monthly income in Budapest to keep the standard of living in Budapest, economy! 5,632,880 ( net ) HUF 5,524,927 and HUF 9,646,823 of money HUF per hour it employees Budapest…. We wrote before, Hungary this means that the monthly income in Budapest, Hungary..

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