You can save a lot of money by moving to another EU country. The Germans are getting away with the cost of living comparatively cheaply. Only two neighboring countries are cheaper than the Federal Republic in an EU comparison. According to the statistics agency Eurostat, the price level in Germany in 2019 was 6.8 percent above the EU-wide average.
But it is much cheaper. Some countries are almost half the price that has to be paid in the Union for a representative basket of more than 2000 goods and services.
These are the cheapest countries in the EU.
# 10 Estonia
In 2019, Estonia ranked tenth among the EU countries with the lowest cost of living. According to Eurostat, adjusted for purchasing power, expenditure on goods and services was 14.9 percent below the EU average. This put Estonia ahead of Greece (minus 13.4 percent) and Malta (minus 12.7 percent).
# 9 Slovakia
Slovakia was 18.9 percent below the EU-wide average for expenditure on food, housing and energy. That was enough for ninth place in this ranking.
# 8 Latvia
Latvia is the first country where life is over a fifth cheaper than the typical EU country. It was 21.4 percent below the community’s average price level last year.
# 7 Czech Republic
The Czech Republic is one of only two neighboring countries in Germany with lower living costs. The price level was 25.4 percent below the EU-wide value.
# 6 Croatia
Croatians paid a total of 28.8 percent less than the average European for rent, clothing, energy or food in 2019. This placed Croatia in sixth place on the list of cheapest countries
# 5 Lithuania
Lithuania was fifth with 30.5 percent below the general price level.
# 4 Hungary
Life in Hungary was over a third (34.7 percent) cheaper in 2019 than in the entire European Union.
# 3 Poland
Poland is the cheapest neighboring country for Germans. The shopping basket had to spend 40 percent less than the EU average.
@imago images / Alex Nicodim
# 2 Romania
Romania was the second cheapest country in the EU in 2019, according to Eurostat. The cost of living was 45.1 percent below the general price level.
# 1 Bulgaria
Bulgarians recently paid almost half as much for living expenses as the rest of Europe. Your country came in first place among the cheapest countries in the Community with a minus of 47.2 percent.