A new study suggests that Hungarians are right to feel that shopping abroad can be cheaper – but much depends on what they are buying. A recent analysis by GKI Economic Research examined how much Hungary has actually moved closer to the European Union over the past 15 years, both in terms of wages and prices. By 2025, the price level had risen to 72 per cent of the EU average, while wages had reached 49 per cent. Photo: Daily News HungaryIn other words, Hungarian wages have moved closer to the EU average faster than prices have. Alcohol and tobacco products were cheaper, at 87 per cent of the EU average, while furniture and household appliances stood at 89 per cent.