Cost of Living in Varna, Bulgaria
Last updated on Aug 19, 2024
Summary: The cost of living in Varna, Bulgaria is generally considered to be quite affordable. A nice 1 bedroom apartment in Varna can cost anywhere from $200 to $400 per month, while a nice 2 bedroom apartment can cost anywhere from $300 to $600 per month. The cost of dinner at a moderately priced restaurant in Varna is usually around $10 to $15 per person.
Is the cost of living in Varna high?
We asked people how much they someone comfortably live on in Varna, they wrote:
"The cost of living in Varna is generally considered to be quite affordable. Groceries, transportation, and utilities are all relatively inexpensive, while rent and dining out can be slightly more expensive. Overall, Varna is a great place to live for those looking for a budget-friendly lifestyle," said one person in Varna.
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SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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Will I save money living in Varna?
"Living in Varna can be significantly cheaper than living in the United States. The cost of living in Varna is much lower than in the US, with rent, groceries, and other everyday expenses costing significantly less. Additionally, the cost of transportation, entertainment, and other services are also much lower in Varna than in the US. As a result, living in Varna can be a great way to save money compared to living in the US," explained one expat living in Varna.
What is the average cost of housing in Varna?
If you are thinking about moving to Varna, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Varna varies depending on the type of accommodation and location. Generally, the average cost of renting an apartment in Varna is relatively affordable compared to other cities in Bulgaria. Prices range from around €200 to €500 per month for a one-bedroom apartment in the city centre, while a two-bedroom apartment can cost up to €700 per month. Prices for larger apartments and houses outside the city centre can be significantly lower," said one expat in Varna.
SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Click connect to have our partner contact you via e-mail and/or phone.
SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Click connect to have our partner contact you via e-mail and/or phone.
What are typical rental prices for expats in Varna?
"The rental price for a nice 1 bedroom apartment in Varna can vary depending on the location and amenities, but generally ranges from around $400 to $800 per month. For a nice 2 bedroom apartment, the rental price can range from around $600 to $1,200 per month," said an expat in Varna.
What appliances are typically included in a rental?
We asked foreigners in Varna what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"Rental properties in Varna typically include a refrigerator, stove, oven, washing machine, and air conditioning unit. Other common appliances may include a dishwasher, microwave, and television," mentioned one expat in Varna.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.