5 Cheapest Countries to Live in Europe

In this article, we will take a look at the 5 cheapest countries to live in Europe. If you wish to check out our detailed analysis on migrating to Europe and the cheapest European countries to live in, you may go to 20 Cheapest Countries to Live in Europe.

5. Bosnia and Herzegovina

Insider Monkey Score: 48

Bosnia and Herzegovina is a highly sought-after destination, known for offering an exceptional and affordable lifestyle in the heart of the Balkan region. Residents get to witness the well-preserved Ottoman architecture in some parts of the country, enjoy access to numerous economic opportunities, and relish the mesmerizing natural beauty it offers. A single individual can live here for $990, according to Expatistan.

4. Moldova

Insider Monkey Score: 51

The landlocked country of Moldova is not only affordable to live in, but is also considered to be safe and peaceful. The total cost of living expenditures for a single individual in the country is estimated to be $1,074 only. It also boasts plenty of parks, botanical gardens, and unspoiled countryside; for enjoying the outdoors.

3. Belarus

Insider Monkey Score: 54

Reasonable housing costs, affordable living, and low taxes quality Belarus as a popular destination to live in. Food, transportation, and other essential expenses are relatively affordable for both the locals and expatriates. Also called the “Lungs of Europe”, the country is filled with forests, lakes and rivers; adding to the beauty and appeal of the country.

2. North Macedonia

Insider Monkey Score: 54

North Macedonia is one of the cheapest countries to live in Europe. Vast economic opportunities, cultural attractions, and political stability attract expats to this country. The country is also revered for its scenic landscapes, traditional festivals, and historical sites. It also offers a universal healthcare system, granting access to basic health services to citizens and legal residents.

1. Turkey

Insider Monkey Score: 56

Another cheapest country to live in Europe is Turkey. Owing to its reasonable living costs, picturesque landscapes, and modern amenities, it is quickly becoming a top destination for foreigners. From stunning beaches along the Mediterranean and Aegean coasts to lush forests and snow-capped mountains, living in the country is no less than a beautiful dream. The country also enjoys a good healthcare system, delicious cuisine, and various economic opportunities.

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