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Component Engineer Salary in Budapest, Hungary

How much does a Component Engineer make in Budapest, Hungary?

12 410 855 Ft (HUF)/year

Average Bonus

421 969 Ft (HUF)

per Year
Total Compensation

12 669 676,07 Ft

As of July, 08, 2026, the average component engineer gross salary in Budapest, Hungary is 12 410 855 Ft or an equivalent hourly rate of 5 967 Ft. In addition, component engineers earn an average bonus of 421 969 Ft. An entry level component engineer with 1-3 years of experience earns an average salary of 8 723 698 Ft. At the higher end of the pay range, a senior level component engineer with 8+ years of experience earns an average salary of 14 159 290 Ft. Salary estimates are based on salary survey data collected directly from employers in Budapest, Hungary.
Data powered by ERI

Salary Potential for a Component Engineer

Explore the estimated salary growth for a Component Engineer in Budapest, Hungary for up to 5 years. The estimated salary of a Component Engineer will be 13 215 823 Ft in 1 year and 16 992 774 Ft in 5 years.
View Salary by Year
Estimated Salary
14 073 001 Ft
Average Growth
13,4%
The estimated salary for a Component Engineer in 2 years is 14 073 001 Ft, which is 13,4% average growth. This information is based on ERI's compensation database.

Typical Component Engineer Education

This chart displays the highest level of education for Component Engineers.

  • 0% of Component Engineers have less than a High School Degree
  • 0% of Component Engineers have a High School Diploma
  • 0% of Component Engineers have an Associate's Degree
  • 100% of Component Engineers have a Bachelor's Degree
  • 0% of Component Engineers have a Master's Degree
  • 0% of Component Engineers have a Doctorate Degree

The typical field of study for a Component Engineer is Mechanical Engineering.

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Popular Skills for a Component Engineer

Skills data not available for this job

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Component Engineer Salaries in Other Locations

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Cost of Living in Budapest, Hungary

The cost of living in Budapest, Hungary is 6% higher than the national average.
Cost of living trend higher
6% higher
than the national average
Whether you're planning to move or just want to see the cost of living in different locations, our cost-of-living calculator is the place to start. Compare salaries for other locations by city, U.S. ZIP code, state, or country.
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Frequently Asked Questions

What does a Component Engineer do?
Analyzes engineering design impacts and concepts of products, platforms, and programs, and recommends quality and test methods for attaining customer-specified and system-level operational requirements, using knowledge of component construction, manufacturing, and test processes. Provides support with component and supplier selection, analysis, and documentation to meet technical requirements posed by design teams during concept and development for electrical and mechanical components. Reviews documentation and provides recommendations to programs; and advises and confers with engineers in design review meetings to give part selection, analysis, and test recommendations. Reviews new part requests, and creates or validates part information.
How much does a Component Engineer make in Budapest, Hungary?
The average salary for a Component Engineer is 12 410 855 Ft per year or 5 966,76 Ft per hour in Budapest, Hungary. Top earners have reported making up to 14 159 290 Ft. However, the typical pay range in Budapest, Hungary is between 8 723 698 Ft and 14 159 290 Ft annually.
What is the salary trajectory for a Component Engineer?
Component Engineer is projected to see a 36.9 % salary change in 5 years.
How can you increase your salary?
Increasing your salary often starts with understanding your value in today’s job market. You can increase your earning potential by building your skills, advancing your education, moving into a new role or industry, switching companies, or negotiating pay.
How can you negotiate a salary offer? 
Negotiating a salary offer involves preparation and finding our your market value. Use our salary calculator to find out how much you should be paid based on what someone in your area, with similar experience, earns. Use this personalized report to help negotiate a higher salary offer or find your dream career. 
What are some factors that impact Component Engineer salaries? 
Several factors can impact your salary, including experience, company size, job market, location, industry, and more. Understanding how these factors affect your role can help you spot pay gaps and provide opportunities for a competitive salary.

About Our Data

This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.

ERI compiles the most robust and accurate salary, cost-of-living, and executive compensation survey database available. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application. ERI collects salary survey data from five different sources, which you can learn about here.

Verified Sources
Data sourced from internal salary surveys, purchased surveys, public sources, HRIS data, and proprietary databases.
Real-Time Data
Our salary database is updated and verified approximately every six weeks.
Quality Assurance
Along with our data scientists, we have included AI in our rigorous process to analyze and provide the highest quality data.

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