The cost of living in Romania – especially in Bucharest – is approximately 50% lower when compared to other important western cities from EU. The best way to make the comparison is on the site, Numbeo.com, which is regularly updated by users around the world and is probably as up to date for information as any single site. Below is our link to that page.
The daily cost of living, ie food, travel, accommodation, medical costs and so on, can be found HERE
In the example below, we compare the cost of living in Bucharest to Paris.