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Where is the cheapest country to live in Europe? Here is the ranking!

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Joel Fulleda
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By the 20th of the month, your wallet is crying misery? Well ... know that you are not alone! In these cases it is necessary to make a virtue of necessity and strive to book low budget holidays. On the other hand, without going too far, they are already in the Old Continent destinations within the reach of any wallet. But the best part is that these places offer such a low cost of living that you almost would want to greet the beautiful country and move permanentlyEtc.

But which are the European countries where life is cheaper? Nations such as Bulgaria, Ukraine, Romania and, in general, Eastern European countries can offer really affordable prices, whether you want to give yourself an extremely low-cost holiday, or whether you want to move and change your life! Here is the ranking of 10 countries with the lowest cost of living in Europe!



Classification criteria

The following ranking is based on data collected by the well-known international site Numbeo, which processes data collected from millions of users around the world. Numbeo indices take into account:

  • cost of living,
  • average rental cost,
  • cost of food,
  • cost of meals in restaurants,
  • local purchasing power,
  • costs of living including rent.

Ranking of European countries with the lowest cost of living

1 - Costs of living in Kosovo

  • Monthly rental apartment (3 bedrooms) in the city center: € 391,30
  • Average Net Monthly Income (net of Taxes): € 421,19
  • Purchase price of an apartment (per m2 in the city center): € 1.114,29
  • Monthly bills (electricity, heating, air conditioning, water, garbage) for an 85m2 apartment: € 59,30
  • Meal in an Economic Restaurant: € 3,00
  • Meal for 2 in Medium Restaurant (Three Courses): € 15,00

2 - Costs of living in Ukraine

  • Monthly rental apartment (3 bedrooms) in the city center: € 565,79
  • Average Net Monthly Income (net of Taxes): € 318,56
  • Purchase price of an apartment (per m2 in the city center): € 1.068,93
  • Monthly bills (electricity, heating, air conditioning, water, garbage) for an 85m2 apartment: € 96,02
  • Meal in an Economic Restaurant: € 4,81
  • Meal for 2 in Medium Restaurant (Three Courses): € 18,50

3 - Costs of living in Macedonia

  • Monthly rental apartment (3 bedrooms) in the city center: € 310,66
  • Average Net Monthly Income (net of Taxes): € 337,12
  • Purchase price of an apartment (per m2 in the city center): € 1.015,81
  • Monthly bills (electricity, heating, air conditioning, water, garbage) for an 85m2 apartment: € 97,91
  • Meal in an Economic Restaurant: € 4,07
  • Meal for 2 in Medium Restaurant (Three Courses): € 16,02

4 - Costs of living in Moldova

  • Monthly rental apartment (3 bedrooms) in the city center: € 400,31
  • Average Net Monthly Income (net of Taxes): € 262,70
  • Purchase price of an apartment (per m2 in the city center): € 852,06
  • Monthly bills (electricity, heating, air conditioning, water, garbage) for an 85m2 apartment: € 111,00
  • Meal in an Economic Restaurant: € 4,55
  • Meal for 2 in Medium Restaurant (Three Courses): € 20,79

5 - Costs of living in Belarus

  • Monthly rental apartment (3 bedrooms) in the city center: € 522,84
  • Average Net Monthly Income (net of Taxes): € 398,46
  • Purchase price of an apartment (per m2 in the city center): € 1.401,09
  • Monthly bills (electricity, heating, air conditioning, water, garbage) for an 85m2 apartment: € 47,35
  • Meal in an Economic Restaurant: € 8,49
  • Meal for 2 in Medium Restaurant (Three Courses): € 22,66

6 - Costs of living in Romania

  • Monthly rental apartment (3 bedrooms) in the city center: € 501,12
  • Average Net Monthly Income (net of Taxes): € 527,32
  • Purchase price of an apartment (per m2 in the city center): € 1.400,93
  • Monthly bills (electricity, heating, air conditioning, water, garbage) for an 85m2 apartment: € 93,58
  • Meal in an Economic Restaurant: € 5,25
  • Meal for 2 in Medium Restaurant (Three Courses): € 20,99

7 - Costs of living in Bosnia and Herzegovina

  • Monthly rental apartment (3 bedrooms) in the city center: € 345,07
  • Average Net Monthly Income (net of Taxes): € 431,24
  • Purchase price of an apartment (per m2 in the city center): € 1.288,25
  • Monthly bills (electricity, heating, air conditioning, water, garbage) for an 85m2 apartment: € 131,36
  • Meal in an Economic Restaurant: € 3,58
  • Meal for 2 in Medium Restaurant (Three Courses): € 20,45

8 - Costs of living in Serbia

  • Monthly rental apartment (3 bedrooms) in the city center: € 474,83
  • Average Net Monthly Income (net of Taxes): € 386,85
  • Purchase price of an apartment (per m2 in the city center): € 1.887,38
  • Monthly bills (electricity, heating, air conditioning, water, garbage) for an 85m2 apartment: € 130,26
  • Meal in an Economic Restaurant: € 5,00
  • Meal for 2 in Medium Restaurant (Three Courses): € 19,55

9 - Costs of living in Albania

  • Monthly rental apartment (3 bedrooms) in the city center: € 450,49
  • Average Net Monthly Income (net of Taxes): € 302,73
  • Purchase price of an apartment (per m2 in the city center): € 1.245,75
  • Monthly bills (electricity, heating, air conditioning, water, garbage) for an 85m2 apartment: € 64,74
  • Meal in an Economic Restaurant: € 4,06
  • Meal for 2 in Medium Restaurant (Three Courses): € 20,32

10 - Costs of living in Bulgaria

  • Monthly rental apartment (3 bedrooms) in the city center: € 473,45
  • Average Net Monthly Income (net of Taxes): € 511,31
  • Purchase price of an apartment (per m2 in the city center): € 1.130,48
  • Monthly bills (electricity, heating, air conditioning, water, garbage) for an 85m2 apartment: € 85,80
  • Meal in an Economic Restaurant: € 5,11
  • Meal for 2 in Medium Restaurant (Three Courses): € 20,45
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