Living in Europe can be expensive, but there are many countries where you can live on a budget. This blog post will highlight the cheapest countries to live in Europe, giving you the lowdown on what to expect in terms of cost of living, culture, and attractions. From Eastern Europe to the Mediterranean, there are plenty of affordable and exciting destinations to choose from. Read on to find out more about the 10 cheapest countries to live in Europe!
1) Bosnia and Herzegovina
Bosnia and Herzegovina is an often overlooked destination in the Balkans, but it is a great place to live for those looking for an affordable cost of living. This former Yugoslav nation has seen a lot of upheaval since the Bosnian War in the 1990s, but today it is a safe and friendly country with a good quality of life at an incredibly low price.
The cost of living in Bosnia and Herzegovina is around 40-50% lower than the average in Western Europe. A typical meal in a restaurant will cost you around 5 EUR and a one-way ticket on the bus will be around 1 EUR. Other living costs such as rent, utilities and groceries are also very cheap.
Bosnia and Herzegovina has beautiful natural scenery, such as the Pliva Lakes, Vrelo Bosne, and Sutjeska National Park. It also has charming cities, such as Sarajevo, Mostar and Banja Luka, which offer plenty of culture, nightlife and historical sights.
If you’re looking for an affordable destination in Europe that offers a good quality of life, Bosnia and Herzegovina should be top of your list!
2) Bulgaria
If you’re looking for an affordable place to live in Europe, look no further than Bulgaria. This small Eastern European country is known for its beautiful mountains, vibrant cities, and low cost of living.
The cost of living in Bulgaria is lower than the rest of Europe, and the cost of groceries, transportation, and rent are all significantly lower than other European countries. The average monthly rent for a one-bedroom apartment in the capital city of Sofia is about €300, which is incredibly reasonable. Prices for food and household items are also very low.
Bulgaria has become a popular destination for expats from all over the world who are looking for a cheaper way to enjoy the European lifestyle. There is a vibrant expat community in Bulgaria, so it’s easy to find like-minded people to share experiences with. The cultural scene in Bulgaria is also exciting, with a variety of museums, galleries, and historic sites to explore.
Bulgaria is also a great option for digital nomads and entrepreneurs. Internet access is fast and reliable throughout the country, and there are many co-working spaces available. Plus, the cost of setting up a business in Bulgaria is much lower than in other European countries.
Overall, Bulgaria is a great choice if you’re looking for a budget-friendly place to live in Europe. You can enjoy a high quality of life at a fraction of the cost, and there is plenty to explore and experience in this beautiful country.
3) Croatia
Croatia is one of the most affordable and beautiful countries to live in Europe. Located on the eastern side of the Adriatic Sea, Croatia offers a mild Mediterranean climate, breathtaking scenery, and a vibrant culture that draws people from all over the world.
The cost of living in Croatia is incredibly low compared to other European countries. Housing is significantly cheaper than elsewhere on the continent, with apartments in Zagreb costing an average of €400 a month. Food is also very affordable and you can easily find delicious traditional dishes at restaurants and markets for under €10. Utility bills are low too, making it easy to keep your expenses down.
Croatia also has a robust public transportation system that includes buses, trains, and ferries that run throughout the country. These services are very affordable, with monthly passes costing around €25. And, if you’re looking to explore Croatia’s stunning coastline, there are numerous ferries connecting all of the coastal cities and islands.
Overall, Croatia is a great choice for budget travelers and retirees who want to experience all of Europe’s beauty without breaking the bank. With low costs and an amazing culture, Croatia is an ideal destination for those looking for an affordable yet fulfilling lifestyle in Europe.
4) Czech Republic
Located in the heart of Europe, Czech Republic is a great option for those looking to live abroad in a cheap country. With its low cost of living and strong economy, this Central European country has become a popular destination for travelers and expats alike. The capital city of Prague is one of the most beautiful cities in the world, offering stunning architecture and culture at prices that are still affordable.
Czech Republic has a thriving economy, with one of the lowest unemployment rates in the region. The wages are quite reasonable, and the cost of living is also very low. With affordable housing, groceries, and transportation, you can easily live in this country on a budget. Healthcare is also top notch, as there are both public and private options available.
The landscape of Czech Republic is varied and beautiful, with mountains, forests, rivers, and lakes making up its scenery. Nature lovers will find plenty to explore in this country. The country also has a vibrant cultural scene, with festivals, galleries, and events held throughout the year.
Overall, Czech Republic is a great place to live if you are looking for an affordable European country. Its economy is strong, the cost of living is low, and there is plenty to explore and enjoy here. Whether you’re looking for a quiet retreat or a vibrant city life, you’ll find what you need in Czech Republic.
5) Hungary
Located in Central Europe, Hungary is one of the oldest countries in Europe, with a rich cultural heritage. Its capital city, Budapest, is known for its impressive architecture, numerous world-famous thermal baths, and vibrant nightlife.
Hungary has a temperate climate with warm summers and cold winters. Its landscape is composed of the Great Plains region, which is dotted with many forests and lakes, as well as the Carpathian Mountains in the north.
The cost of living in Hungary is low compared to other European countries. For example, rent for a one-bedroom apartment in Budapest can range from around €370 per month to €650 depending on location. Public transportation is also very affordable with tickets costing as little as €1.50 per journey.
Hungary is a great destination for those who love to explore nature and take part in outdoor activities such as hiking and skiing. With its stunning scenery, vibrant cities and low cost of living, it’s no surprise that Hungary has become an increasingly popular destination for expats and travelers alike.
6) Kosovo
Kosovo is one of the cheapest countries to live in Europe, with a cost of living that is significantly lower than the rest of the continent. It’s also known for its stunning natural beauty, with mountains, rivers, and forests making it a great place to explore. The capital city of Pristina has a vibrant culture and an array of cafes and restaurants.
In terms of housing, there are a variety of options available, from traditional stone-built houses to modern apartments. Many expats find that living outside of the city centre can be even more affordable and can provide access to stunning mountain views.
The healthcare system in Kosovo is mostly public, however private hospitals and clinics do exist. Healthcare is relatively inexpensive and expats are eligible for free emergency medical care.
Kosovo has a wide range of shopping options, from supermarkets and department stores to traditional markets selling fresh produce, clothing, and souvenirs. Prices are generally very low and it’s easy to find good quality items at bargain prices.
Public transport in Kosovo is limited and expats may need to rely on taxis or rental cars if they want to get around quickly and easily.
Kosovo has something to offer everyone, whether you’re looking for an affordable country to live in or a place to explore and immerse yourself in local culture. With a low cost of living and plenty of activities and attractions, it’s no wonder why so many people are choosing to make their home in this beautiful European nation.
7) Montenegro
Montenegro is a tiny country situated in Southeastern Europe, between Croatia and Albania. The official language is Montenegrin, although Albanian, Serbian, Bosnian, and Croatian are all commonly spoken. Montenegro’s stunning scenery includes Adriatic coastlines and mountainous terrain, making it one of the most sought-after tourist destinations in the region.
In terms of cost of living, Montenegro ranks amongst the lowest countries in Europe. The average monthly salary is around €500 per month, with housing being the biggest expense. However, rent for a one-bedroom apartment in the city centre can be as low as €300, and groceries can be purchased for very reasonable prices.
The cost of living in Montenegro is also significantly lower than that of other European countries. Eating out is much cheaper here than in other countries, while transportation costs are also relatively low. Public transportation is well-developed and inexpensive.
Taxes are also low in Montenegro; income tax is only 9%, and property taxes are also generally lower than in other European countries.
Overall, Montenegro is one of the cheapest countries to live in Europe, offering both stunning scenery and reasonable prices. The low cost of living makes it an ideal destination for budget travellers, as well as expats who are looking for an affordable place to call home.
8) Poland
Poland is a great option if you’re looking for an affordable place to live in Europe. The cost of living in Poland is low and the country is home to many historic cities, like Krakow, Gdansk, and Warsaw. The quality of life in Poland is high, with excellent public transportation and healthcare. Additionally, it’s easy to travel around the country or to neighboring countries like Germany and Slovakia. Rent prices are fairly low, with a one-bedroom apartment in the city center costing around €500 per month. Groceries are also reasonably priced, with items like eggs and milk costing around €1.50 each. There are plenty of jobs available, with the majority of people employed in the service industry. If you’re looking for an inexpensive place to live in Europe, Poland is definitely worth considering.
9) Romania
Romania is a wonderful country in Eastern Europe that offers low living costs and plenty of opportunity for travelers and expats alike. It is bordered by Bulgaria, Ukraine, Hungary, Serbia, and Moldova and has access to the Black Sea.
The capital of Romania is Bucharest, which is the largest city in the country and an important economic center. The city is well connected to the rest of the country, making it easy to explore different areas. Bucharest has a mix of old and new buildings, which gives it a unique charm.
Living costs in Romania are very low compared to other European countries. Renting an apartment can cost as little as $200 per month, and food prices are also quite affordable. As such, it is a great option for those looking to save money while living in Europe.
As well as being affordable, Romania also has a lot to offer visitors. Its picturesque countryside is ideal for exploring by car or bike, while the Black Sea coast offers stunning views and plenty of beach activities. There are also many cultural attractions, such as museums, galleries, and historic sites.
Overall, Romania is a great option for those looking for a low-cost European destination that still has plenty to offer. With its low living costs and wide range of attractions, it is perfect for budget travelers or expats looking to save money while experiencing all that this beautiful country has to offer.
10) Serbia
Serbia is a country located in the Balkans region of Europe, and it offers an incredibly low cost of living for expats. It has a population of about 7 million people, most of whom are Orthodox Christians, and the official language is Serbian. Serbia is an excellent destination for anyone looking to live and work abroad, as it provides plenty of opportunities for employment and business.
The cost of living in Serbia is very affordable, especially when compared to other countries in Europe. The average rent in the capital city of Belgrade is around $300 per month, while the cost of utilities such as electricity and water averages around $100 per month. Groceries are also fairly inexpensive, with a typical shopping trip for two costing just $20-30. Eating out is also quite affordable, with a meal in a mid-range restaurant costing about $10-15.
The public transportation network in Serbia is efficient and reliable, making it easy to get around the country. Taxis are also available and are quite affordable, with the average fare costing about $5-10. Furthermore, petrol is also fairly cheap, with a litre of gas costing around $1.2.
Serbia also offers plenty of opportunities for entertainment and recreation. There are a number of theatres, museums, galleries, and other attractions throughout the country that offer something for everyone. There are also plenty of parks and outdoor activities to enjoy, including hiking, biking, and kayaking.
Overall, Serbia is an excellent destination for anyone looking to live and work abroad without breaking the bank. With its affordable cost of living and plenty of opportunities for employment and leisure activities, Serbia is an ideal place to call home.
Final Words
Living in Europe doesn’t have to be an expensive experience. With careful budgeting and planning, you can find a great place to live in one of the 10 cheapest countries in Europe. Whether you are looking for culture, cuisine, history, or something else, there is a country that fits your needs and budget. Don’t forget to research the cost of living and lifestyle before making any decisions on your next home. With some luck and a few smart moves, you can have a wonderful time living in any one of these beautiful European countries.
