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Cost of living in Europe/ How does the price level change within the continent?

2025-07-06 18:00:00, Ekonomi CNA

Cost of living in Europe/ How does the price level change within the continent?

Prices vary significantly between countries in Europe. But how can we best compare prices across Europe? And which are the most expensive and cheapest countries across the continent?

Switzerland is the most expensive, with prices at 184% of the EU average, 84% higher than the average. Turkey is the cheapest, with prices at 47% of the EU average, meaning they are 53% lower than the EU average.

In the EU, Luxembourg is the most expensive country, with prices 51% higher than the EU average. Bulgaria and Romania are the members with the cheapest prices, at 57% of the EU average.

Ten EU countries have prices above the EU average. Denmark (143%) and Ireland (141%) follow Luxembourg as the most expensive.

Among the four largest EU economies, Germany (109%) and France (108%) are slightly above average, while Italy (98%) and Spain (91%) are below average.

Central and Eastern European countries generally have lower price levels. Romania, Bulgaria, Hungary, Poland and the Baltic States, Latvia, Lithuania and Estonia are all below the EU average.

Price levels are also lower in EU candidate countries. They included Turkey, North Macedonia, Albania, Serbia and Bosnia and Herzegovina. /CNA





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