Does moving to Europe sound like a dream come true?
Moving to Europe may have you daydreaming of admiring amazing views from a high-rise apartment in Paris.
Regardless, Europe is a wonderful place to live, as it provides a lot of culture and diversity across a variety of countries.
But what about costs?
Perhaps you’re afraid that the cost may be outside your budget.
The good news is that this guide was created to help you on your journey.
Below, you will find a list of the most affordable places to live in Europe.
11 of the Cheapest Places to Live in Europe
1. Tallinn, Estonia
Tallinn is first on the list for offering affordable living in Europe.
It’s the perfect location for those looking for a cozy location with a beautiful atmosphere that doesn’t lack affordability.
For those considering renting, Tallinn offers a variety of options that can suit your budget.
And compared to other cities in Europe, Tallinn’s rent is relatively cheaper.
Rent can range anywhere from $200 to $808 per month.
Moreover, if you plan on using public transportation, you can count on saving some additional funds.
For the most part, getting around the city is free for locals.
There are several things to do and see in Tallinn.
Visit Tallinn Town Hall or take a stroll through Lennusadam.
2. Riga, Latvia
Riga also made the list for offering affordable living in Europe.
In addition, it’s well-known for being budget-friendly for tourists.
So what would it cost you to rent an apartment in Riga?
The average cost of rent for apartments in Riga can range from $320 to $750 per month.
For those traveling, hotels on average cost only $16 per night.
Whether you decide to eat out or cook at home, the cost of food in Riga is also relatively cheap.
There are also plenty of things to do in Riga.
For example, you can visit the Riga Motor Museum, the Latvian National Opera, or the House of the Black Heads for some fun.
3. Bucharest, Romania
Bucharest’s cost of living is relatively cheap thanks to the significant growth in the economy over the last several years.
For this reason, Bucharest is known as one of the cheapest places to live in Europe.
Renting in Bucharest is ideal, no matter the apartment size you’re looking for.
A one-bedroom apartment costs no more than $592 per month.
In addition, you can save a lot more money if you move to a more remote area.
Bucharest is known for having a rich culture and history, so there’s no need to worry about not finding anything to do.
King Mihai Park is always a favorite among locals.
You can also check out the Dimitrie Gusti National Village Museum or the Romanian Athenaeum.
4. Kraków, Poland
It’s no surprise that Poland is known as one of the most affordable countries in Europe.
But Kraków, in particular, is known for offering affordable living for all.
Housing in Kraków on average costs $732 per month, while food costs about $10 per day.
Moreover, Kraków offers both affordability and an infrastructure that is well developed.
You can also enjoy a wide variety of restaurants and entertainment options.
There is a lot to do in Kraków, including the Polish Aviation Museum, the Rynek Underground Museum, and much more.
5. Prague, Czech Republic
Are you looking for a town in Europe that is rich in history, architecture, and culture and is affordable?
Look no further than Prague.
Prague is also the capital city of the Czech Republic.
Here, you’ll also find a large selection of fine dining.
Meals typically cost no more than $10.
In addition, you can save a lot more money if you cook your food.
Rent in Prague is also affordable, but slightly higher than in Tallinn and Riga.
Renting an apartment may cost you around $750 per month.
For entertainment, check out the Prague Zoo, Old Town Square, or Letna Park for some outdoor excitement.
6. Lisbon, Portugal
Outside the tourist areas of Lisbon, there are plenty of options for affordable living.
Renting in Lisbon is extremely affordable, in addition to transportation, food, and other necessities.
But Lisbon is just slightly higher than other towns in Portugal.
Renting a home in Lisbon begins at $750 per month, compared to $650 per month in other cities.
As for entertainment, Lisbon offers many galleries, museums, cultural monuments, and much more to keep you busy throughout the day.
7. Tbilisi, Georgia
Tbilisi is a favorite among capitalists.
It’s also a town that is affordable if you’re looking to move to Europe.
It has seen a steady increase in culture and tourism.
In addition, Tbilisi is the capital of Georgia.
If you’re contemplating renting or buying a home here, you can start by taking advantage of a free 360-day visa.
A family of four can live off a monthly budget of $2,231, while a single person can survive on $618.
Tbilisi is nearly 62% less expensive than living in New York.
For entertainment, consider visiting the Bridge of Peace, the Sulfur Baths, or the Georgian National Museum.
8. Barcelona, Spain
Not only is Barcelona a popular tourist attraction, but it is also an affordable town to consider living in.
Barcelona offers a high quality of life and is considered a major hub for education, media, science, and trade.
The cost of living in Barcelona for a family of four is estimated at around $2,929.
The average rent paid here is $1,171.
If you’re wondering what to do in Barcelona, feel free to check out the Mercado de la Boqueria, La Sagrada Família, or Palau de la Musica Catalana.
9. Belgrade, Serbia
Also on the list of locations offering affordable living in Europe is Belgrade, Serbia.
Belgrade is typically underrated.
However, it offers various aspects to take advantage of, including a low cost of living.
It costs one person $692 a month to live comfortably in Belgrade.
It’s also 58% less expensive compared to New York.
A family of four costs nearly $2,398 a month in Belgrade.
Belgrade offers a plethora of outdoor cafés and more.
You can also check out the Nikola Tesla Museum, the National Museum of Serbia, or Republic Square for outdoor fun.
10. Istanbul, Turkey
Istanbul is considered a hidden gem in Europe, but it is also a dynamic town offering an affordable cost of living.
It attracts many tourists as there are a lot of things to do.
While it’s more expensive than other towns in Turkey, it’s cheaper compared to other places in Europe.
The cost of housing may vary depending on the amenities and level of luxury you choose.
Apartments typically cost around $646 per month.
Moreover, many entertainment options are available in Istanbul, including Guhlhane Park, Beylerbeyi Palace, and the Istanbul Museum of Art.
11. Zagreb, Croatia
Last on the list of the most affordable places to live in Europe is Zagreb.
It’s not too far from Serbia.
It offers excellent value for those wanting to experience real European living.
It costs an average of $2,900 a month for a family of four to live comfortably in Zagreb.
A single person can live off $833 per month, not including rent.
Rent can range anywhere from $750 to $1,000 per month in Zagreb.
There are several places to visit if you’re looking to have some fun in the city.
Visit the Museum of Broken Relationships, Park Maksimir, or the Croatian National Theater.
Frequently Asked Questions
Which country in Europe has the highest cost of living?
Ireland is known to have the highest cost of living in Europe.
Costs in Ireland are 46 cents higher compared to other countries in Europe.
How much do I need to live comfortably in Europe?
The answer to this question depends on the country you choose to live in.
For example, if you choose to live in London, the cost of living for a single person is $3,600.
The cost of living in Berlin and Paris is close to $2,400 per month.
Rome, on the other hand, is $2,000 per month on average.
Is it cheaper to live in Europe compared to the United States?
Yes, it is cheaper to live in Europe compared to the United States.
There are many factors to consider, including market conditions, goods and services, and exchange rates.
