Bulgaria is widely regarded as the European country with the lowest cost of living. Prices for housing, groceries, transportation, and utilities are significantly lower compared to other EU nations. Cities like Sofia and Plovdiv offer affordable living without compromising quality of life.
Other budget-friendly options include Romania, Hungary, and Poland, but Bulgaria consistently ranks as the most economical. Factors like low rent, inexpensive dining, and affordable public services contribute to its status. However, wages are also lower, which may offset savings for locals. For expats or digital nomads, Bulgaria provides exceptional value.
