Living Wage Series - Hungary - January 2018 - In Forint, per Month

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You are looking at an archive page of WageIndicator Living Wages. This data is not comparable with recent data provided by WageIndicator. This is due to revised data cleaning procedures adopted by WageIndicator and the impact of the Covid-19 pandemic on the cost of living globally. Moreover, the national data shown does not reflect the regional data that is used for Living Wage implementation.

Interested to implement WageIndicator's Living Wages in your organisation's compensation and benefits, using data that is updated every quarter? Learn about the database options and rates and the countries and regions covered. For academic use, data on Living Wages and the cost of living can be acquired for free.

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 uses prices from the Cost of Living Survey to calculate Living Wage in more than 60 countries. The Living Wage is an approximate income needed to meet a family’s basic needs including food, housing, transport, health, education, tax deductions and other necessities.

The following table summarises the varying expenditure and income needs for the three commonly occurring family household compositions.

Expenditure and Living Wage calculation (monthly rates in Forint)

  Typical family Standard family Single-adult
  from-to from-to from-to
Food 57100-73500 67100-86500 16800-21600
Housing 56000-104200 56000-104200 32000-57900
Transport 19000-19000 19000-19000 9500-9500
Health 5000-15000 5000-15000 1250-3750
Education 5000-12000 5000-12000 0
Other costs 7110-11200 7610-11800 2980-4640
Total Expenditure 149210-234900 159710-248500 62530-97390
Net Living Wage 93256-146813 88728-138056 62530-97390
Gross Living Wage 138000-217300 131300-204300 92600-144100

Note: For more details see Living Wage FAQ.

Family Living Wages (monthly rates in Forint)

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 most common family household compositions and under different assumptions about working hours.

Typical family (two parents + 1.4 children, 1.6 working) 138000-217300
Standard family (two parents + 2 children, 1.8 working) 131300-204300
Two parents and two children, 2 working 118200-183900
Two parents and two children, 1.5 working 157600-245200
Two parents and two children, 1 working 236400-367800
Two parents and three children, 1.6 working 164100-250900
Two parents and four children, 1.6 working 180400-271900
Single-adult without children, 1 working 92600-144100

Note: Results in the table are rounded.

Living Wages in Context (monthly rates in Forint)

The Minimum Wage is a national legally binding obligation on employers which often make no reference to a living standard. Living Wage describes the adequate living standard. The common goal of the many living wage campaigns currently taking place all over the world is to lift Minimum Wages levels to those of the Living Wages. WageIndicator presents Living Wages jointly with Minimum Wages, aiming to raise awareness concerning the remaining differences in levels. Living Wages are presented in context with other wage indicators including prevailing wages of workers over recent years.

  2015 2016 2017 2018
Minimum wage 105000 111000 127500 138000
Living Wage - Single Adult 77300-111800 89400-136700 89300-141300 92600-144100
Living Wage - Typical Family 124900-184500 137000-213400 134200-214800 138000-217300
Real wage of low-skilled worker 94700-109400 98200-113100 104300-120700 117300-140400
Real wage of medium-skilled worker 114600-140200 118500-144500 128300-157200 138100-175200
Real wage of high-skilled worker 169300-218900 175300-226200 189100-246400 206500-281600

Note: Table shows the lowest monthly Minimum Wage in a country, when available. Reported monthly earnings of workers in low-, medium-, and high-skilled occupations are obtained from the voluntary WageIndicator web survey on work and wages. Results in the table are rounded.

Food basket and food prices in Forint

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
Wheat, barley and cereals products 222 595 300-400
Rice 4 14 200-245
Meat (beef, pork, poultry) 132 222 1200-1500
Oils (soyabean, olive, palm) 18 163 330-350
Sugar (Raw Equivalent) 38 134 200-200
Maize and products 0 1 .-.
Milk - Excluding Butter 315 157 180-200
Vegetables, Other 114 34 220-400
Potatoes and products 92 61 150-150
Butter, Ghee 27 192 2200-3000
Groundnuts (Shelled Eq) 3 7 .-.
Pulses, Other and products 1 2 .-.
Egg (price per 10 eggs) 25 35 333-383
Sunflowerseed Oil 21 190 344-400
Fish products 10 8 1200-2000
Beer 127 62 364-400
Sweeteners, Other 31 113 180-240
Beans 1 4 800-865
Sweet potatoes 0 0 290-650
Bananas 6 4 333-389
Soyabeans 0 0 550-1000
Apples and products 21 8 200-250
Tomatoes and products 29 6 400-580
Onions 13 5 150-160
Oranges, Mandarines 21 4 299-350
Plantains 1 1 .-.
Peas 4 14 390-445
Roots, Other 0 0 300-300
Seeds and kernels 0 3 600-1000
Wine 47 33 667-1067
Cream 13 25 1000-1290
Olives (including preserved) 0 1 .-.
Honey 0 0 1500-1700
Citrus, Other 3 1 .-.
Lemons, Limes and products 2 1 400-500
Grapefruit and products 1 0 200-200
Coffee and products 0 0 700-1390

WageIndicator Living Wage background:

The WageIndicator Living Wage is set to provide acceptable living standard to a family of a particular size. WageIndicator presents Living Wages for several household types and working hours which reflect the most frequently found real situations in which people have to make a living: 1. Typical family Living Wage is a baseline estimate that respects the country specific conditions. Typical family is comprised of two adults and the number of children is given by country specific fertility rate (the average number of children a woman is expected to have during her lifespan). One adult is working full-time and the working hours of second adult are approximated by national employment rate. The total income earned by two adults paid living wage is sufficient to reach adequate living standard. 2. Standard family Living Wage is estimated for a family composed of two adults and two children (referred to as family 2+2). Living wage is calculated under different assumptions about working hours. These include that both adults work full-time (family employment rate is 2), or at least one adult works part-time or half-time (family employment rate is 1.8 and 1.5), or one adult does not work at all (i.e. patriarchal model with family employment 1). Alternatives refer to trade-offs between leisure and work and define what living wage represents. In every case the total income earned by two adults paid living wage is sufficient to reach adequate living standard. 3. Extended family Living Wage includes family with three or four children. One adult works full-time and the work intensity of second parent is approximated by national employment rate. 4. Individual Living Wage represents an acceptable standard of living for a single individual working full-time.

Data sources: WageIndicator Cost of Living Survey, World Bank Databank Fertility rate 2010-2014, ILO Estimated participation rate in 2017, FAO Food balance sheet in 2013.


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