Living Wage Series - Hungary - August 2017 - In HUF, per Month

The Living Wage is based on the concept that work should provide an adequate income to cover the necessary living costs of a family. WageIndicator calculates Living Wage for around 50 countries based on prices collected within the WageIndicator Cost of Living Survey. The Living Wage calculated by WageIndicator is composed of seven parts: food, housing, transport, health, education, tax and other costs.

WageIndicator presents Living Wages for several household types and working hours to respond to different demands for living wage information: Typical family Living Wage is a baseline estimate that respects the country specific conditions. Family includes two adults and the number of children is given by country specific fertility rate (1.4 children per woman). One parent is working full-time and the working hours of second parent are approximated by national employment rate (58% in 2017). Standard family Living Wage is estimated for a family composed of two adults and two children. One parent is employed full-time and the second parent works 4 days a week it means family employment rate is 1.8. Single-adult Living Wage represents an acceptable standard of living for a single individual working full-time with no dependents.

Expenditure and Living Wage calculation (monthly rates in HUF)

  Typical family   Standard family   Single-adult  
  from to from to from to
Food 52900 68400 62400 80400 15600 20100
Housing 35700 50000 35700 50000 30000 40000
Transport 19000 19000 19000 19000 9500 9500
Health 5000 10500 5000 10500 1250 2625
Education 5000 10000 5000 10000 0 0
Other costs 5880 7900 6360 8500 2820 3610
Total Expenditure 123480 165800 133460 178400 59170 75835
Net Living Wage 77175 103625 74144 99111 59170 75835
Gross Living Wage 114219 153365 109734 146684 87572 112236

Note: For more details see Living Wage FAQ.

Family Living Wages (monthly rates in HUF)

There is not a single answer to what is the adequate cost of living. The result is complex, as the cost of living varies by household composition, location, and employment pattern. The following table presents the Living Wage estimates for a set of common household compositions and under different assumptions about working hours.

  from to
Typical family (two parents + 1.4 children, 1.6 working) 114200 153400
Standard family (two parents + 2 children, 1.8 working) 109700 146700
Two parents and two children, 2 working 98800 132000
Two parents and two children, 1.5 working 131700 176000
Two parents and two children, 1 working 197500 264000
Two parents and three children, 1.6 working 138600 184500
Two parents and four children, 1.6 working 153800 204100
Single-adult without children, 1 working 87600 112200

Note: Results in the table are rounded.

Living Wages in Context (monthly rates in HUF)

Living Wages are presented in context with other wage indicators including minimum wage, poverty line, and various prevailing wages of workers. Table shows the development of income levels over two years.

7-12/20151-6/20167-12/20161-6/2017
  from to from to from to from to
Minimum wage 105000 . 111000 . 111000 . 127500 .
Living Wage - Typical Family 146700 190500 141400 180700 134200 176100 114200 153400
Living Wage - Single Adult 119600 148600 120600 147000 118600 144400 87600 112200
Real wage of low-skilled worker 95000 108000 115700 139600 116200 138200 116800 139400
Real wage of medium-skilled worker 139300 169900 141100 180600 136500 171800 136500 172400
Real wage of high-skilled worker 214600 272800 224300 302000 200500 269400 204400 275700

Note: Reported monthly earnings of workers in low-, medium-, and high-skilled occupations are obtained from the voluntary WageIndicator web surveys on work and wages over the last 36 months. Results in the table are rounded.

Living Wage model diet and food prices in HUF

The food expenditure is the main component of Living Wage and it is determined by the price of food basket. The food prices are taken from WageIndicator Cost of Living Survey which collects the actual prices of all items necessary to calculate the Living Wage. The composition of the food basket is taken from the national food balance sheets published by the UN Food and Agriculture Organization (FAO). The food basket is scaled to 2,100 calories per person per day that is the nutritional requirement for good health proposed by World Bank (Handbook on poverty and inequality, 2009).

Food itemGrams per dayEnergy (kcal)Price per kilo fromto
Wheat, barley and cereals 222 595 300 400
Rice 4 14 200 220
Meat (beef, pork, poultry) 132 222 1200 1500
Oils (soyabean, olive, palm) 18 163 330 355
Sugar (Raw Equivalent) 38 134 200 205
Maize and products 0 1 250 325
Milk - Excluding Butter 315 157 180 200
Vegetables, Other 114 34 300 400
Potatoes and products 92 61 119 150
Butter, Ghee 27 192 400 800
Groundnuts (Shelled Eq) 3 7 500 1500
Pulses, Other and products 1 2 420 500
Cassava and products 0 0 900 1000
Egg (price per 10 eggs) 25 35 6650 330
Sunflowerseed Oil 21 190 319 400
Fish products 10 8 1200 2000
Beer 127 62 400 600
Sweeteners, Other 31 113 200 300
Beans 1 4 480 800
Sweet potatoes 0 0 200 200
Bananas 6 4 300 400
Soyabeans 0 0 550 1000
Apples and products 21 8 200 240
Tomatoes and products 29 6 320 500
Onions 13 5 150 180
Oranges, Mandarines 21 4 300 350
Plantains 1 1 299 500
Peas 4 14 390 500
Roots, Other 0 0 399 600
Seeds and kernels 0 3 500 1500
Wine 47 33 667 1000
Cream 13 25 800 1299
Olives (including preserved) 0 1 3000 4000
Honey 0 0 1500 1600
Citrus, Other 3 1 500 600
Lemons, Limes and products 2 1 460 500
Tea (including mate) 0 0 550 1600
Grapefruit and products 1 0 400 500
Coffee and products 0 0 1500 1600

Data sources:

Living Wage FAQ.

WageIndicator Cost of Living Survey

World Bank Databank, Fertility rate – average births per woman in years 2010-2014

ILO, Estimated participation rate in 2017

FAO, Food balance sheet in 2013 

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