Top 10 Affordable Places To Live In Europe - Most Affordable Cities In Europe In 2023



When it comes to relocating, cost is often a top consideration. If you're thinking about moving to Europe, you'll find significant variations in the cost of living and property prices across different countries. To help you find an affordable place to live, here are 20 cost-effective options based on the cost of living index of Expatistan.


10. Warsaw, Poland

Warsaw, the capital of Poland, offers a diverse range of attractions for food enthusiasts, history buffs, and art lovers. While it's becoming increasingly popular with tourists, it hasn't been overrun by expatriates, allowing you to immerse yourself in Polish culture. Additionally, Warsaw boasts a low cost of living, with particularly affordable prices for food and drinks.

9. Budapest, Hungary

Budapest, Hungary's capital, is a great choice if you prefer living in a city with a well-established expat and international community. With a thriving Eastern European economy, Budapest offers abundant job opportunities and a rising tourism industry. Despite its many advantages, the city remains highly affordable.

8. Belgrade, Serbia

Situated at the confluence of the Danube and Sava Rivers, Belgrade, the capital of Serbia, is steeped in rich history. Having played a significant role in various empires, including Roman, Austrian, Ottoman, Byzantine, and Serbian, the city offers a fascinating blend of cultures. Despite the country's past troubles, Belgrade is considered safe and boasts a cost of living approximately 58% lower than that of major US cities like New York.

7. Tirana, Albania

Tirana, the capital of Albania, stands out as one of the most affordable cities in the country, with a cost of living over 42% lower than the United States. Surrounded by picturesque countryside and mountains, Tirana provides a unique blend of urban and outdoor lifestyles. It's the perfect choice for those seeking a beautiful living environment at an affordable price.

6. Krakow, Poland

As one of Poland's largest and oldest cities, Krakow offers an attractive cost of living, with monthly expenses for a single person averaging around $600, and less than $2,000 for a family of four (excluding rent). With its stunning architecture, historical significance, and numerous landmarks, Krakow ranks among Europe's most beautiful cities, providing ample entertainment and leisure activities.

5. Wroclaw, Poland

Situated on the Oder River in western Poland, Wroclaw is renowned for its historic buildings and vibrant cultural scene. The average cost of living in Wroclaw is less than $600 for a single person and under $2,000 for a family of four. Overall, living expenses in this city are approximately 57.26% lower than those in New York.

4. Bucharest, Romania

Aside from its affordable cost of living, Bucharest offers stunning natural beauty in its surrounding areas. With a growing economy and emerging tech industry, the city provides ample job opportunities for expatriates. Romania's multicultural major companies welcome individuals with the right qualifications or experience from around the world. Immerse yourself in the country's rich history and culture for a fulfilling experience.

3. Sofia, Bulgaria

Sofia, the capital of Bulgaria, boasts beautiful architecture set against the backdrop of magnificent mountains. It offers a highly affordable living experience, with inexpensive beer, food, and utilities. The city provides an excellent balance of urban amenities, such as bars and restaurants, and access to various outdoor activities, including skiing in the nearby mountains.

2. Saint Petersburg, Russia

Formerly known as Petrograd, Saint Petersburg is a port city situated by the Baltic Sea in Russia. It served as Russia's imperial capital for two centuries and remains a cultural hub. With an abundance of performing arts, museums, and art galleries, the city offers a vibrant cultural scene. While rent in the city center can be expensive, the overall cost of living is lower compared to other parts of Russia and Europe.

1. Iasi, Romania

Located in Eastern Romania, Iasi is a captivating university city near the border with Moldova. Its historic charm shines through diverse architectural styles spanning different eras. Living in Iasi is remarkably affordable, with costs approximately 61.5% lower than those in New York.

 

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