11 Cheapest Countries To Retire In Europe

3. Bulgaria

Cost of living: $1248.31

Price of fuel, per liter: $1.36

Climate: -3°C to 3°C in January, and 15°C to 25°C in July

Bulgaria is a Balkan country that surrounds the north end of the Black sea, and has a diverse terrain that includes rivers, the biggest one is the Danube, and a mountainous interior. Bulgaria represents a mixture of Greek, Slavic, Ottoman and Persian influences, and it offers a rich heritage of traditional music, dance, crafts and folklore costumes. The capital city is Sofia, dating to the 5th century B.C.E. Like many countries in the Balkan region, Bulgaria has quite a low life standard, and the cost of living here is not high. The average salary in Bulgaria is around $200, while the average monthly for a 1 bedroom apartment rent goes from $176.49 to $442.77 for a 3 bedroom apartment. Food is also quite affordable, and for one loaf of bread, you will have to pay $0.52, while the cost of 1l of milk is $1.08, and 1kg of chicken breast are $4.96. When it comes to the price of fuel and public transport, 1l of gasoline is $1.36, while the ticket for public transport goes from  $0.58 for one way, and $27.27 for a monthly pass. If you are wondering how their health system is arranged, we can tell you that some foreign social insurance will be accepted by Bulgarian institutions for non-EU/EEA and Swiss citizens, in the case when the person’s country has signed international treaties in the field of social security with the Republic of Bulgaria. In the end, the Bulgarian climate can be defined as a temperate-continental climate with hot summers, long, cold winters and very distinct seasons. As far as the temperatures go, their range is from 0-5°C in the winter and 25-30°C in summer months, making it ideal for almost every future retiree.