According to the latest Eurostat statistics, Budapest overtakes several European metropolises in terms of living standards. Let’s see how livable the Hungarian capital is!?
Every year, Eurostat publishes detailed economic data that can be used to compare living standards in each EU region. Due to large price differences between the countries, Eurostat also converts GDP data into a fictitious currency, the so-called PPS (Purchasing Power Standard). In order to carry out a realistic comparison in terms of livability between the countries, the different price levels are completely deducted by PPS and show the actual standard of living. The latest figures – that were published last week – show the ranking based on the situation in 2019;
according to which, Budapest is ahead of such cities as Vienna, Berlin or Madrid.
With this positive result, Budapest has realized its determination to become a more livable city than Vienna in 2019. As the Hungarian news portal Növekedés reports, besides the Hungarian capital, the big cities of Central and Eastern European countries are also performing well. By way of example, Prague ranks second after the top-ranked Luxembourg; followed by Dublin in the third, Brussels in the fourth and Paris in the fifth place.
Region PPS
1, Luxembourg 81,000
2, Prague 63,900
3, Dublin and sorroundings 63,100
4, Brussels and sorroundings 63,000
5, Paris and its region 55,200
6, Amsterdam and sorroundings 53,000
7, Copenhagen and sorroundings 51,900
8, Stockholm 51,900
9, Bratislava and sorroundings 50,400
10, Warsaw and its region 49,800
11, Bucharest and its region 49,700
12, Budapest 47,100
13, Vienna 46,400
14, Helsinki and sorroundings 45,000
15, Madrid and sorroundings 38,500
16, Berlin 38,200
17, Rome and its region 34,300
18, Ljubljana and sorroundings 33,000
19, Lisbon and sorroundings 32,000
20, Athen and sorroundings 28,400
21, Sofia and its region 27,700
22, Zagreb and sorroundings 20,500
Considering the full list, Budapest is ranked in the middlefield in terms of livability; however, the figures of Hungary’s countryside achieved much worse results. This also shows that Budapest has a huge predominance in the Hungarian economy.
According to the fresh statistics published by Eurostat, Central Hungary is the only region that exceeds the EU average.
After that, Western Transdanubia is the second best with 71% of the EU average. The Northern Great Plain and Northern Hungary are one of the poorest regions in the Union.
The negative top list is mainly dominated by Bulgarian regions. However, a French overseas territory has also been included: on the island of Mayotte in the Indian Ocean, the standard of living of the 250,000 inhabitants has reached 32% of the EU average, just like in the case of the Severozapaden region in Bulgaria.