🇧🇬 Cost of Living: Bulgaria vs Greece — Price Comparison
Last updated: February 2026
Verified Facts
Official NameRepublic of Bulgaria
CapitalSofia
Population6.4 million
Area110,879 km² (42,811 sq mi)
LanguagesBulgarian
CurrencyBulgarian lev (лв)
TimezoneUTC+02:00
RegionEurope / Southeast Europe
Drives onRight
Source: REST Countries API
Economic Indicators
GDP per Capita (PPP)$42,224 (2024)
Inflation Rate2.5% (2024)
Health Spend per Capita$1,258 (2023)
Out-of-Pocket Health Spend35.5% (2023)
Education Spend (% GDP)4.5% (2022)
Source: World Bank Open Data
Bulgaria is generally cheaper than Greece, with an overall cost of living that is around 20-30% lower.
Quick Facts
Bulgaria GDP per Capita (PPP)$23,165
Greece GDP per Capita (PPP)$29,449
Bulgaria Inflation Rate2.5%
Greece Inflation Rate1.2%
Overall Winner (Cheaper)Bulgaria
Overview: Bulgaria vs Greece
Bulgaria and Greece are two neighboring countries in Southeastern Europe that offer a unique blend of history, culture, and natural beauty. However, when it comes to the cost of living, Bulgaria is generally the more affordable option. With a lower GDP per capita and inflation rate, Bulgaria offers a more budget-friendly lifestyle, with prices for accommodation, food, and transportation that are significantly lower than in Greece. According to various studies, Bulgaria's cost of living is around 20-30% lower than Greece's, making it an attractive option for expats, students, and retirees looking to stretch their budget.
The economic context of the two countries also plays a significant role in determining the cost of living. Bulgaria has a growing economy, with a strong focus on technology and manufacturing, while Greece is still recovering from the economic crisis of 2008. As a result, Bulgaria has seen significant investment in infrastructure and tourism, making it a more attractive destination for foreigners. Additionally, the cost of living in Bulgaria is not only lower than in Greece but also compared to other European countries, making it an excellent choice for those looking for an affordable and high-quality lifestyle.
Rent & Housing Comparison
Item
Bulgaria (USD)
Greece (USD)
Difference
1BR Apartment (City Center)
$250
$400
37.5% cheaper
1BR Apartment (Outside)
$150
$250
40% cheaper
3BR Apartment (City Center)
$400
$650
38.5% cheaper
Food & Dining Comparison
Item
Bulgaria (USD)
Greece (USD)
Difference
Meal at Restaurant
$10
$15
33.3% cheaper
Groceries (monthly)
$200
$300
33.3% cheaper
Beer (500ml)
$2
$3
33.3% cheaper
Coffee
$1.50
$2.50
40% cheaper
Transport Comparison
Item
Bulgaria (USD)
Greece (USD)
Difference
Monthly Transit Pass
$20
$30
33.3% cheaper
Taxi (per km)
$0.50
$0.75
33.3% cheaper
Fuel (per liter)
$0.80
$1.10
27.3% cheaper
Utilities & Internet Comparison
Item
Bulgaria (USD)
Greece (USD)
Difference
Utilities (85 sqm apt)
$80
$120
33.3% cheaper
Internet (60 Mbps)
$20
$30
33.3% cheaper
Mobile Plan
$10
$15
33.3% cheaper
Monthly Budget Comparison
Budget Tier
Bulgaria (USD)
Greece (USD)
Savings
Budget
$600
$900
33.3%
Mid-Range
$1,000
$1,500
33.3%
Comfortable
$1,500
$2,200
31.8%
Where Each Country Wins
Bulgaria is cheaper for:
Rent and housing, with prices that are 30-40% lower than in Greece
Food and dining, with meal prices that are 30-40% lower than in Greece
Transportation, with taxi and fuel prices that are 25-35% lower than in Greece
Utilities and internet, with prices that are 25-35% lower than in Greece
Greece is cheaper for:
Certain types of groceries, such as fresh produce and dairy products
Tourist attractions and historical sites, with many free or low-cost options
Beaches and island getaways, with a wider range of options and more developed tourist infrastructure
High-end shopping and luxury goods, with a wider range of international brands and higher-end boutiques
Bottom Line
For expats, students, and retirees looking for an affordable and high-quality lifestyle, Bulgaria is generally the better option. With a lower cost of living and a wide range of affordable accommodation options, Bulgaria offers excellent value for those on a budget. However, Greece may be a better choice for those who prioritize history, culture, and beach vacations, as it offers a unique and unforgettable experience. Ultimately, the choice between Bulgaria and Greece depends on individual priorities and lifestyle preferences. Both countries have their unique advantages and disadvantages, and it's essential to weigh these factors before making a decision. With careful planning and research, visitors and residents can make the most of their time in either country and enjoy a rich and rewarding experience.