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Affordable European Countries to Boost Your Quality of Life and Save Money

Affordable European Countries to Boost Your Quality of Life and Save Money

November 26, 2024 Catherine Williams - Chief Editor World

Many people consider moving abroad for various reasons, especially due to the rising cost of living. Here are some affordable European countries where you can save money and enjoy a better quality of life.

Affordable European Countries

Table of Contents

  • Affordable European Countries
    • 1. Montenegro
    • 2. Portugal
    • 3. Croatia
    • 4. Lithuania
  • Thoughts on Digital Nomads

According to Numbeo, a cost of living index rates countries based on rent, groceries, utilities, and entertainment. Here are four locations that offer a good balance of affordability and quality of life.

1. Montenegro

Montenegro is known for its medieval cities, stunning lakes, and breathtaking landscapes. It has a low cost of living index of 39.4, significantly lower than Switzerland’s index of 101.1, which is the most expensive in Europe.

  • Cheap meal: €8
  • Pint of beer: €2.20
  • One-bed flat rent (city center): €545

2. Portugal

Portugal, famous for its beaches and vibrant cities, ranks as Europe’s top destination for digital nomads with a cost of living index of 45.1.

  • Cheap meal: €12.75
  • Pint of beer: €3
  • One-bed flat rent (city center): €1,413

3. Croatia

Croatia has a cost of living index of 45.5, slightly higher than Portugal. Cities like Split and Dubrovnik attract tourists, yet it remains affordable.

  • Cheap meal: €10
  • Pint of beer: €3
  • One-bed flat rent (city center): €682

4. Lithuania

Lithuania is popular among digital nomads, especially in its capital, Vilnius, with a cost of living index of 47.1.

  • Cheap meal: €12
  • Pint of beer: €4.5
  • One-bed flat rent (city center): €743

Thoughts on Digital Nomads

While low prices attract digital nomads, locals might worry about rising costs in their communities. In Montenegro, the average monthly salary is about €836. This contrast can lead to challenges for local residents.

Before moving, consider how to support local communities. Learn the local language and customs to integrate better and connect with residents.

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