Relocating to Europe remains one of the most attractive options for professionals, families, entrepreneurs, and retirees worldwide. However, before making the move, understanding the cost of living in different EU countries is essential. In 2026, Europe continues to offer a wide range of lifestyle options — from affordable Central European cities to premium Western European capitals.

This guide provides a realistic overview of housing, food, healthcare, transportation, and overall monthly expenses for expats across the European Union.

What Determines Cost of Living in the EU?

Living expenses vary significantly depending on:

• The country and region.
• Capital cities vs. smaller towns.
• Lifestyle choices.
• Family size.
• Rental vs. property ownership.

Western and Northern Europe generally remain more expensive, while Central and Eastern European countries provide more budget-friendly options with high quality of life.

Average Monthly Expenses in 2026

Below is an estimated monthly budget for a single expat renting a one-bedroom apartment in a city center.

Germany

€1,800–€2,800 per month
Germany offers strong salaries but higher housing costs, especially in cities like Munich or Frankfurt.

France

€1,900–€3,000 per month
Paris is significantly more expensive than regional cities. Healthcare and public services are excellent.

Italy

€1,500–€2,500 per month
Northern Italy costs more than the south. Smaller cities offer affordable living with a high lifestyle standard.

Spain

€1,400–€2,400 per month
Spain remains one of the best value-for-money Western EU destinations, especially outside Madrid and Barcelona.

Portugal

€1,300–€2,200 per month
Portugal continues to attract expats due to relatively lower living costs and favorable residency programs.

Slovenia

€1,200–€2,000 per month
Slovenia combines EU quality standards with moderate costs compared to Western Europe.

Poland

€1,100–€1,800 per month
Poland offers one of the most affordable EU living options with growing economic opportunities.

Romania

€900–€1,600 per month
Romania remains one of the lowest-cost EU destinations while still providing EU-level mobility and benefits.

Housing Costs in 2026

Rent remains the largest expense across the EU. In major capitals:

• Berlin: €1,200–€1,800 (1-bedroom city center).
• Paris: €1,500–€2,500.
• Lisbon: €1,200–€1,800.
• Ljubljana: €800–€1,300.
• Bucharest: €500–€900.

Outside capital cities, rental prices can drop by 20–40%.

Healthcare Expenses

EU residents often benefit from public healthcare systems funded through taxes or social contributions. Private health insurance for expats typically costs between €50–€200 per month depending on country and coverage level.

Countries like Germany and France provide high-quality universal healthcare systems, while Central European states offer affordable but efficient services.

Food & Daily Expenses

Groceries are generally affordable across most EU countries. A monthly grocery budget for one person typically ranges between €250–€450.

Dining out varies widely:

• Western Europe: €15–€25 per meal.
• Central/Eastern Europe: €8–€15 per meal.

Transportation costs remain moderate, with monthly public transport passes averaging €40–€90 depending on the city.

Taxes & Social Contributions

Income taxes differ significantly across the EU. Northern and Western Europe have higher tax rates but offer extensive public services. Central and Eastern Europe often provide lower flat tax systems, making them attractive for entrepreneurs and remote workers.

Understanding local tax obligations is crucial when relocating for work or business purposes.

Best EU Countries for Affordable Living in 2026

For expats seeking a balance between affordability and quality of life, countries such as Portugal, Spain, Slovenia, Poland, and Romania stand out. They offer lower housing costs, growing economies, EU mobility rights and attractive residency programs. Meanwhile, Germany, France, and Austria provide premium living standards with higher income potential.

The European Union offers a diverse economic landscape in 2026. Whether you are seeking affordable relocation options or high-income career opportunities, there is an EU country to match your goals and budget.

Careful planning, legal residency preparation, and financial evaluation are essential before relocating. Understanding the true cost of living allows expats to make informed decisions and secure long-term stability within Europe.