Portugalvs
HungaryPortugal vs Hungary: salary, tax & cost of living
Average wage, take-home after tax and cost of living, side by side — on real OECD wage data, PPP-adjusted. The headline salary and the net paycheck don't always point the same way.
Head to head
Portugal vs Hungary
| Metric | Portugal | Hungary | Winner |
|---|---|---|---|
| Average wage (PPP) | $40,002 | $34,996 | Portugal |
| Payroll deduction | 31% | 34% | Portugal |
| Net take-home (avg wage) | $27,601 | $23,272 | Portugal |
| Cost index (NY=100) | 67 | 55 | Hungary |
Average wage: OECD (PPP). Tax is an effective single-filer rate at the average wage; cost index is each country's anchor city (Lisbon / Budapest).
Data signals
What actually separates them
Who keeps more
On the average wage, Portugal leaves the bigger net paycheck — about $4,329 more per year ($27,601 in Portugal vs $23,272 in Hungary, PPP).
Payroll deduction
Portugal takes less off the top: ~31% vs ~34% combined income tax + social security.
Cost of living
Hungary is the cheaper base: cost index 55 vs 67 (Lisbon / Budapest, New York = 100). Higher net pay doesn't help if rent eats it.
Banking & transfers for either move
Some links below are affiliate links — if you sign up we may earn a small commission, at no extra cost to you.
FAQ
- Is the average salary higher in Portugal or Hungary?
- Portugal has the higher OECD average wage: $40,002 in Portugal vs $34,996 in Hungary (PPP-adjusted). But after tax, Portugal keeps more net.
- Where do you take home more after tax?
- Portugal — about $4,329 more net per year on the average wage, once income tax and social security are applied.
- Which is cheaper to live in?
- Hungary, by cost index (Lisbon 67 vs Budapest 55, NY = 100). Weigh net pay against cost together, not separately.