Cost of Living in Bucharest
Summary: Understanding the the cost of living in Bucharest helps a newcomer what to expect when it comes to apartment or house hunting, grocery shopping, transportation, dining out, utilities and more.
Apartment Rentals | The average cost of renting an apartment in Bucharest is around €400-€600 per month for a one-bedroom apartment in the city center. Prices can be higher or lower depending on the size and location of the apartment. |
Apartment Purchases | The average cost of purchasing an apartment in Bucharest is around €1,000-€1,500 per square meter. Prices can be higher or lower depending on the size and location of the apartment. |
Transportation | Public transportation in Bucharest is relatively inexpensive. A single ticket costs around €0.50 and a monthly pass costs around €20. Taxi fares are also relatively inexpensive, with the average fare being around €5-€10. |
Groceries | The cost of groceries in Bucharest is relatively low. A loaf of bread costs around €1, a liter of milk costs around €0.50, and a kilogram of potatoes costs around €1.50. |
Restaurants | The cost of eating out in Bucharest is relatively low. A meal at a mid-range restaurant costs around €10-€15 per person, while a meal at a fast food restaurant costs around €5-€7 per person. |
Utilities | The cost of utilities in Bucharest is relatively low. The average monthly cost for electricity, water, and gas is around €50-€60. |
Private School Tuition | The cost of private school tuition in Bucharest varies depending on the school. The average cost for preschool tuition is around €200-€300 per month, while the average cost for elementary school tuition is around €400-€500 per month. The average cost for middle school tuition is around €500-€600 per month, and the average cost for high school tuition is around €600-€700 per month. |
Monthly Budget for Retirees in Bucharest
"The cost of living in Bucharest can vary depending on an individual's lifestyle. In general, costs such as groceries, transportation and utilities are comparable to those of other cities in Eastern Europe, and plenty of budget options exist in terms of accommodation and dining. In recent years, however, the cost of living in Bucharest has been on the rise, particularly for items that are not locally produced," said one expat living in Bucharest.
"The cost of living in Bucharest, is relatively affordable compared to other European capitals. Housing expenses, such as rent and utilities, are generally lower than in Western European cities. Public transportation is also inexpensive, with a monthly pass costing around the same as a single ride in some other European cities. Groceries and dining out are reasonably priced, with local markets offering fresh produce at lower costs than supermarkets. International cuisine and fine dining options are available but can be more expensive. Healthcare in Bucharest is a mix of public and private facilities, with public healthcare being more affordable but sometimes facing issues with quality and waiting times. Private healthcare is more expensive but offers better quality and shorter waiting times. Education costs vary depending on the type of institution, with public schools being free and private or international schools charging tuition fees. Entertainment and leisure activities, such as cinema tickets, gym memberships, and cultural events, are generally affordable, although prices can vary depending on the venue and event. Overall, Bucharest offers a relatively low cost of living, making it an attractive destination for expats and digital nomads looking for an affordable European city to live in," wrote a member in Bucharest.
Can I live in Bucharest on $1,500 a month?
"I've been living in Bucharest for a while now, and I can tell you that it's definitely possible to live comfortably on $1,500 a month, but you'll have to make some sacrifices and be smart about your spending. First, you'll want to find an affordable neighborhood to live in. Some of the more expensive neighborhoods, like Dorobanti, Primaverii, and Herastrau, are probably out of your budget. Instead, consider looking for an apartment in neighborhoods like Drumul Taberei, Titan, or Crangasi. These areas are more affordable and still offer decent living conditions.When it comes to transportation, the public transport system in Bucharest is quite good and affordable. A monthly pass for buses, trams, and the metro will cost you around $15. If you prefer to drive, keep in mind that gas prices and parking fees can add up quickly.Eating out can be quite affordable in Bucharest if you stick to local restaurants and avoid the more touristy areas. A meal at a decent restaurant will cost you around $6-$10. Groceries are also relatively cheap, so cooking at home can save you even more money.As for entertainment, there are plenty of free or low-cost activities to enjoy in Bucharest. Many parks, museums, and cultural events are either free or have a small entrance fee. However, if you're into nightlife and going out to bars and clubs, be prepared to spend more, as drinks can be quite expensive.In terms of utilities and other monthly expenses, you can expect to pay around $100-$150 for electricity, water, and heating, depending on the season and your usage. Internet and cable TV packages are quite affordable, with prices starting at around $15 per month.Overall, living on $1,500 a month in Bucharest is doable, but you'll need to be mindful of your spending and make some sacrifices. By choosing an affordable neighborhood, using public transportation, and being smart about your entertainment choices, you can live comfortably and enjoy your time in this vibrant city," commented an expat living in Bucharest.
Can I live in Bucharest on $3,500 a month?
"I've been living in Bucharest for a few years now, and I can tell you that it's definitely possible to live comfortably on $3,000 a month, even if you're used to modern amenities. Of course, you might have to make some sacrifices, but overall, you can have a pretty good life here.First of all, you'll want to choose an affordable neighborhood. Some of the more expensive areas, like Dorobanti, Primaverii, or Herastrau, might be out of your budget if you want to maintain a comfortable lifestyle. Instead, consider neighborhoods like Drumul Taberei, Titan, or Crangasi. These areas are more affordable, but still offer good access to public transportation, supermarkets, and other amenities.When it comes to housing, you can find a decent one or two-bedroom apartment in these neighborhoods for around $500 to $800 per month. This should leave you with plenty of money for utilities, groceries, and other expenses. Keep in mind that you might have to compromise on some things, like the age of the building or the quality of the finishes, but overall, you should be able to find a comfortable place to live.As for transportation, the public transit system in Bucharest is quite affordable and efficient. A monthly pass for the metro, buses, and trams will cost you around $25. If you prefer to drive, you'll need to factor in the cost of a car, insurance, and gas, but it's still doable within your budget.Eating out can be quite affordable in Bucharest, especially if you stick to local restaurants and avoid the more touristy areas. A meal at a mid-range restaurant will usually cost you around $10 to $15 per person. Groceries are also relatively inexpensive, so you should be able to maintain a good diet without breaking the bank.Entertainment options in Bucharest are quite varied, and you can find plenty of things to do within your budget. Movie tickets, for example, usually cost around $5 to $7, and there are plenty of parks, museums, and other attractions that are either free or have a low entrance fee.In terms of sacrifices, you might have to give up some of the luxuries you're used to, like a large, modern apartment or frequent trips to high-end restaurants and bars. However, I think you'll find that the overall quality of life in Bucharest is quite good, and you can definitely live comfortably on $3,000 a month," said one expat living in Bucharest.
Can I live in Bucharest on $5,000 a month?
"I've been living in Bucharest for a few years now, and I can tell you that it's definitely possible to live comfortably on $5,000 a month, even if you're used to modern amenities. In fact, you might be surprised at how far your money can go here. There are some sacrifices you might have to make, but overall, I think you'll find that the quality of life is quite good.First, let's talk about housing. There are plenty of affordable neighborhoods in Bucharest where you can find a nice apartment or house without breaking the bank. Some of the more affordable areas include Titan, Drumul Taberei, and Militari. These neighborhoods are a bit further from the city center, but they're still well-connected by public transportation, and you can find plenty of shops, restaurants, and parks nearby. On the other hand, if you're looking for something more upscale, you might want to consider neighborhoods like Dorobanti, Primaverii, or Herastrau. These areas are more expensive, but they're also closer to the city center and offer a more luxurious lifestyle.When it comes to utilities and other monthly expenses, you'll find that they're generally quite affordable in Bucharest. For example, you can expect to pay around $100-$150 per month for utilities like electricity, water, and gas, and another $50-$100 for high-speed internet and cable TV. Groceries are also relatively inexpensive, with a monthly budget of around $300-$400 being more than enough to cover your needs.Transportation is another area where you can save money in Bucharest. The public transportation system is quite extensive and affordable, with a monthly pass costing around $20. If you prefer to drive, you'll find that gas prices are lower than in many Western countries, although parking can be a bit of a challenge in some areas.As for entertainment and dining out, there's no shortage of options in Bucharest. You can find plenty of affordable restaurants, bars, and cafes throughout the city, as well as more upscale options if you're in the mood to splurge. Movie tickets, theater performances, and other cultural events are also quite affordable, so you won't have to sacrifice your social life to stay within your budget.In terms of sacrifices, you might find that some imported goods and luxury items are more expensive in Bucharest than in your home country. Additionally, while the healthcare system in Romania is improving, you might want to consider purchasing private health insurance to ensure that you have access to the best possible care.Overall, I think you'll find that living in Bucharest on $5,000 a month is not only possible but also quite comfortable. With a bit of budgeting and some smart choices, you can enjoy a high quality of life without breaking the bank," commented an expat living in Bucharest.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
Additional Information:
- Best Markets in Bucharest
- Retire in Bucharest Guide
- 7 Tips for Living in Bucharest
- Driving in Bucharest
- Cost of Living in Bucharest
- Health Care in Bucharest
- The Essential Guide to Bucharest
- Healthcare & Health Insurance in Romania
- Best Places to Live in Romania
- Real Estate in Romania
- Pros & Cons of Living in Romania
- Understanding Mental Health in Romania
- Pros and Cons of Living in Romania 2024
- 2024 Guide to Moving to Romania