Financial consideration is paramount when relocation. Get the Most Affordable Countries to Live in Europe for Foreigners on a Budget.
Let’s face it: Europe has a long history of being costly. The first thing that comes to mind when you think of places like Paris, Zurich, or London are exorbitant rents, expensive coffee, and expensive train tickets. But here’s the thing that nobody discusses enough: even on a limited budget, you can live nicely in some European nations.
Furthermore, I’m not referring to “bare minimum” survival. I’m talking about having access to excellent healthcare, safety, delicious cuisine, and cultural diversity without having to worry about your finances all the time. This list is for anyone who wants to start afresh, whether they are a student, retiree, remote worker, or someone else entirely.
If you’re on a tight budget, these are the most affordable European nations to live in right now. No nonsense, just the facts.
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Most Affordable Countries to Live in Europe for Foreigners on a Budget
Portugal
With good cause, Portugal has earned its place at the top of every ranking. Particularly outside of Lisbon and Porto, it’s one of the few Western European nations that still has a cheap cost of living. Consider cities that offer elegance, affordability, and safety, such as Braga, Coimbra, or even Faro.
Why it is effective for low-income foreigners
- A one-bedroom apartment can be rented for as little as €300 to €500 outside of major cities.
- Healthcare is reasonably priced and of excellent quality.
- Public transportation is affordable and dependable.
- English is frequently spoken by young people and in tourist locations.
- You can get by on between €1,000 and €1,200 a month, or even less if you’re thrifty.
Bulgaria
People are frequently surprised by this one. One of the most affordable nations in the EU is Bulgaria, which is a treasure trove for expats on a tight budget. While smaller cities like Plovdiv offer even more affordable prices and a more tranquil charm, Sofia, the capital, boasts a vibrant culture and a burgeoning tech scene.
Why is it so reasonably priced?
Rent in Sofia ranges from €250 to €400 per month; smaller towns have cheaper rent.
Utilities, internet, and consumables are dirt inexpensive when compared to Western Europe.
You may dine outside for under €5 in several local restaurants.
Bulgaria also offers relatively straightforward residence options, making it a popular location for digital nomads.
Romania
Romania doesn’t always get the recognition it deserves, but it’s one of Eastern Europe’s finest affordable countries. Cities like Cluj-Napoca and Timișoara are beneficial to students, fast-growing, and unexpectedly modern.
Why should you think about it?
- A one-bedroom apartment outside of Bucharest costs between €250 and €350 per month.
- Excellent internet—among Europe’s quickest.
- Intercity buses and public transportation are incredibly affordable.
- In cities, English is becoming more and more prevalent.
Romania has a cheap cost of living and is nevertheless conveniently located near major European cities via train or low-cost planes.
Albania
Finally, Albania is being acknowledged as a hidden gem. You can live here for just a portion of what you’d pay anywhere in Europe, from the historical towns of Berat and Gjirokastër to the breathtaking beaches of the Albanian Riviera.
Benefits:
- Living expenses can be as low as €700 to €900 per month.
- Transportation, groceries, and street food are all quite inexpensive.
- Cities like Sarandë and Tirana have welcoming natives and expanding expat communities.
Additionally, many nationalities can stay in Albania without a visa for up to a year, which is quite advantageous for frequent visitors.
Georgia
Technically speaking, Georgia—the nation, not the U.S. state—deserves a spot on this list even though it is not a member of the EU. Because of its beauty and affordability, Tbilisi, the capital, is a popular destination for digital nomads and freelancers.
Why it’s the best?
- Modern apartments in Tbilisi cost between €250 and €400 to rent.
- The cost of food and utilities is really low.
- Many nationalities can enter the country without a visa for a period of one year.
- It is culturally rich and incredibly underappreciated, with a distinctive blend of European and Asian elements.
Additionally, Georgia offers digital nomads a unique initiative called “Remotely from Georgia.”
Poland
Poland provides a decent mix of infrastructure and price. Compared to cities in Western Europe, well-developed cities like Krakow, Gdansk, and Wroclaw are still far less expensive.
What is reasonably priced?
- Rent for a one-bedroom ranges from €350 to €550, contingent upon the city.
- Public transportation costs less than €30 per month.
- Delicious and reasonably priced cuisine, particularly for those who enjoy cheese, bread, and meat.
Because Poland is a member of the EU and Schengen Zone, traveling around Europe is simple. It also boasts robust education and healthcare systems and is reasonably safe.
Hungary
Budapest may be a popular tourist destination, but Hungary’s exceptionally low cost of living, particularly outside the capital, keeps it on the list. Your euro goes a long way, regardless of whether you live in Budapest or a smaller city like Debrecen or Pécs.
Highlights:
- Rent for an apartment: €300–€500.
- Meals at neighborhood eateries are frequently less than €6.
- Great public baths, old buildings, and a lively nightlife.
In order to facilitate long-term stays, Hungary additionally provides a special white card visa for digital nomads.
A Few Personal Suggestions for Budget-Friendly Relocation Planning
To put it simply, being intelligent is more important than having a lot of money when living overseas. You can live a good, stress-free life if you complete your homework. What benefited myself and many others is as follows:
- Avoid capital cities because they are always more costly. Value is higher in small towns.
- Eat like a local by searching for local markets and avoiding expat-priced items.
- To better blend in and avoid fees, open a local bank account and SIM card as soon as possible.
- Participate in local expat Facebook groups; these are excellent resources for employment leads, housing offers, and visa guidance.
Learn some basic local lingo; it’s respectful and will often result in lower costs. Living Well in Europe Doesn’t Require Being Rich Don’t be duped by social media.
Living in Europe doesn’t require a trust fund or a six-figure distant job. All you have to do is make a smart decision.
The nations on this list provide excellent value, hospitable locals, and the opportunity to travel throughout Europe without breaking the bank. Start by looking at visa options for the top two or three countries if you’re serious about moving.
Next, consider lifestyle fit, employment prospects (if you’re not working remotely), and cost of living. Additionally, keep in mind that there is no ideal moment to relocate overseas.
Sometimes you simply must begin. You have choices. More than you may imagine.
