Cost of living in Bucharest compared to other EU capitals

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The cost of living in Romania – especially in Bucharest – is approximately 50% lower when compared to other important western cities from EU.

The daily cost of living, ie food, travel, accommodation, medical costs and so on, can be found HERE 

Member States (Vienna, London, Berlin, Paris) and at least 12% cheaper than other capitals from CEE countries (Prague, Warsaw or Budapest).

To see how much money you need in another country compared to Bucharest, click HERE

Source: http://investromania.gov.ro/web/why-invest/cost-of-living/

Source: https://www.numbeo.com/cost-of-living/in/Bucharest

2 COMMENTS

  1. I don t think this is correct – if you can not rent a good cheap apartment for a very low earned wage person, then the city is too expensive like other expensive cities.

    • There are apartments available for every range. The lowest studio I’ve seen at the time of writing is 220 euros, and apartments from 250 euros. But rental prices are linked to the cost of bank mortgage rates. Currently, borrowing is around 5%, and so rents are 6% to allow for taxes, admin, repairs etc.

      A typical apt in working-class areas is say, 1100-1500 euros per square meter. A 1-bed apartment is, therefore, said 50sqm, meaning 60-80,000e, making the rent, 300-400e per year. There are also apartments for 4 times this value, eg 4000 euros per sqm, meaning 1k per month and up, for a one-bedroom flat. But in capitals like Prague, you can find 10,000e/sqm.

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