K&H: the monthly cost of living for Hungarians has increased by HUF 10,000

By: Trademagazin Date: 2023. 05. 16. 12:13

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Monthly living expenses have grown much more than incomes, according to the K&H Safe Future survey, which examined the situation of the 30-59 age group. 92 percent of respondents spend an average of HUF 64,000 more on everyday life than a year ago. Together with the increase in income, they are HUF 46,000 worse off than a year ago.

Monthly living expenses increased much more than incomes – among other things, this is evident from the first quarter results of K&H’s Secure Future survey. According to the research, the majority of members of the 30-59 age group, 92 percent, reported an increase in living expenses.

5 percent of those affected mentioned an increase of less than HUF 20,000, 27 percent spoke of HUF 20-50 thousand, 38 percent of HUF 50-99 thousand, while more than 20 percent of them spent 100-149 thousand HUF more on daily living per month. In addition, the proportion of those who experienced an increase of HUF 150,000-200,000 or 200,000 or more is 5-5 percent.