Would you work in Hungary for an average net 738 euro/month?

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This means that the average Hungarian took home a gross salary reaching EUR 1,235 (HUF 449,400) last December, which is 9.7 pc higher than in December 2019. Therefore, we can say that the average wage grew despite the economic crisis caused by the coronavirus epidemic. 

However, experts remind us that the average salary is the total amount of money earned by working people distributed by the number of people. Thus, it can become very high even if a relatively small percentage of people get very high salaries. An MP of the Hungarian parliament, Ezsébet Schmuck, managed to get the median salaries in Hungary a couple of days before, from the Hungarian Central Statistical Office (HCSO).

We wrote “managed to” because

the office does not publish the median earnings, only the average salary.

That is probably because the median is HUF 115,000 (EUR 316) lower than the average, which means that more than half of the total number of working people do not take home salaries higher than EUR 920 per month. And that amount is much lower than the average which the government always communicates, saying that it is ever-increasing, so Hungary is getting closer to the desired Western salaries.

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