Cost of Living from 118 European Cities

What you should know to plan your budget to explore or expat to Europe!

Where Are We Going Next?

It's always nice to know a lot of nice places but, as entrepreneur, especially if you are beginning your journey in business, a cheap place to live could be nice. That's why we found a list of place to stay that will appear from the cheapest until the most expensive one according to the Cost of Living Index in Europe. What is the Cost of Living Index? To calculate each city's Price Index value, we start by assigning a value of 100 to a central reference city (that happens to be Prague). Once the reference point has been established, the Price Index value of every other city in the database is calculated by comparing their cost of living to the cost of living in Prague. Therefore, if a city has a Price Index of 134, that means that living there is 34% more expensive than living in Prague.

Cost of Living from 118 European Cities

Here's some pictures with the price index of 118 cities in Europe. Some may vary but click on the link of the image to see the updated information or see the list of 102 cities at the bottom ranked in order.

Ranking                           CityPrice Index: *
1stZurich (Switzerland)256
2ndGeneva (Switzerland)240
3rdBasel (Switzerland)229
4thLondon (United Kingdom)226
5thLausanne (Switzerland)226
6thReykjavik (Iceland)218
7thOslo (Norway)215
8thLugano (Switzerland)212
9thDublin (Ireland)199
10thCopenhagen (Denmark)194
11thParis (France)186
12thAmsterdam (Netherlands)185
13thLuxembourg174
14thStockholm (Sweden)171
15thBrighton and Hove (United Kingdom)170
16thHelsinki (Finland)167
17thThe Hague (Netherlands)167
18thMunich (Germany)166
19thOxford (United Kingdom)166
20thFrankfurt am Main (Germany)165
21stCambridge (United Kingdom)165
22ndBristol (United Kingdom)164
23rdHamburg (Germany)159
24thEdinburgh (United Kingdom)159
25thCork (Ireland)157
26thRotterdam (Netherlands)157
27thLyon (France)157
28thGalway (Ireland)156
29thManchester (United Kingdom)156
30thGlasgow (United Kingdom)153
31stBirmingham (United Kingdom)153
32ndEindhoven (Netherlands)152
33rdLeeds (United Kingdom)151
34thMilan (Italy)150
35thNottingham (United Kingdom)150
36thAberdeen (United Kingdom)149
37thBelfast (United Kingdom)148
38thBrussels (Belgium)148
39thStuttgart (Germany)146
40thGothenburg (Sweden)145
41stBerlin (Germany)145
42ndRome (Italy)143
43rdNewcastle upon Tyne (United Kingdom)142
44thVienna (Austria)142
45thNice (France)141
46thCardiff (United Kingdom)141
47thBarcelona (Spain)141
48thAntwerp (Belgium)140
49thMalmo (Sweden)138
50thVenice (Italy)138
51stFlorence (Italy)136
52ndToulouse (France)136
53rdMadrid (Spain)133
54thGenoa (Italy)133
55thValletta (Malta)132
56thPalma de Mallorca (Spain)132
57thBologna (Italy)129
58thTurin (Italy)128
59thBilbao (Spain)126
60thPadua (Italy)125
61stNaples (Italy)122
62ndLisbon (Portugal)121
63rdAthens (Greece)119
64thLjubljana (Slovenia)118
65thValencia (Spain)118
66thCatania (Italy)115
67thOporto (Portugal)113
68thMalaga (Spain)111
69thTallinn (Estonia)111
70thSanta Cruz de Tenerife (Spain)111
71stZaragoza (Spain)111
72ndMoscow (Russia)110
73rdSeville (Spain)109
74thAlicante (Spain)109
75thZagreb (Croatia)106
76thRiga (Latvia)106
77thThessaloniki (Greece)106
78thBraga (Portugal)102
79thBratislava (Slovakia)101
80thPrague (Czech Republic)100
81stVilnius (Lithuania)98
82ndWarsaw (Poland)97
83rdSaint Petersburg (Russia)94
84thBudapest (Hungary)91
85thBrno (Czech Republic)91
86thBelgrade (Serbia)85
87thTirana (Albania)84
88thWrocław (Poland)84
89thKraków (Poland)84
90thSofia (Bulgaria)82
91stSarajevo (Bosnia and Herzegovina)82
92ndBucharest (Romania)81
93rdKiev (Ukraine)79
94thŁódź (Poland)77
95thYekaterinburg (Russia)76
96thCluj-Napoca (Romania)75
97thTimisoara (Romania)75
98thSkopje (Macedonia)75
99thIasi (Romania)71
100thMinsk (Belarus)69
101stKharkiv (Ukraine)69
102ndPrishtina (Kosovo)65
 

Price Index:

To calculate each city’s Price Index value, we start by assigning a value of 100 to a central reference city (that happens to be Prague). Once the reference point has been established, the Price Index value of every other city in the database is calculated by comparing their cost of living to the cost of living in Prague.
Therefore, if a city has a Price Index of 134, that means that living there is 34% more expensive than living in Prague.

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