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 North Macedonia, with an overall cost of living that is around 10-20% lower.

Quick Facts

Bulgaria GDP per Capita (PPP)$23,165
North Macedonia GDP per Capita (PPP)$14,596
Bulgaria Inflation Rate2.5%
North Macedonia Inflation Rate1.5%
Overall Winner (Cheaper)Bulgaria

Overview: Bulgaria vs North Macedonia

Bulgaria and North Macedonia are two neighboring countries in Southeastern Europe that offer a unique blend of culture, history, and natural beauty. In terms of cost of living, Bulgaria is generally considered to be cheaper than North Macedonia, with lower prices for accommodation, food, and transportation. The economic context of the two countries is also different, with Bulgaria having a more developed economy and a higher GDP per capita. However, North Macedonia has been growing rapidly in recent years, with a strong focus on tourism and foreign investment.

The cost of living in Bulgaria is around 10-20% lower than in North Macedonia, making it an attractive option for expats, students, and retirees. The main reason for this difference is the lower cost of accommodation in Bulgaria, particularly in larger cities like Sofia. Additionally, Bulgaria has a more developed public transportation system, which makes it easier to get around without a car. On the other hand, North Macedonia has a more vibrant cultural scene, with a rich history and a strong sense of community. The country is also home to a number of beautiful lakes, mountains, and national parks, making it a popular destination for outdoor enthusiasts.

Rent & Housing Comparison

ItemBulgaria (USD)North Macedonia (USD)Difference
1BR Apartment (City Center)$250$35029% cheaper
1BR Apartment (Outside)$150$20025% cheaper
3BR Apartment (City Center)$400$55027% cheaper

Food & Dining Comparison

ItemBulgaria (USD)North Macedonia (USD)Difference
Meal at Restaurant$8$1020% cheaper
Groceries (monthly)$200$25020% cheaper
Beer (500ml)$1.50$2.0025% cheaper
Coffee$1.00$1.5033% cheaper

Transport Comparison

ItemBulgaria (USD)North Macedonia (USD)Difference
Monthly Transit Pass$20$2520% cheaper
Taxi (per km)$0.50$0.6017% cheaper
Fuel (per liter)$0.80$0.9011% cheaper

Utilities & Internet Comparison

ItemBulgaria (USD)North Macedonia (USD)Difference
Utilities (85 sqm apt)$80$10020% cheaper
Internet (60 Mbps)$20$2520% cheaper
Mobile Plan$10$1533% cheaper

Monthly Budget Comparison

Budget TierBulgaria (USD)North Macedonia (USD)Savings
Budget$600$80025%
Mid-Range$1,000$1,20017%
Comfortable$1,500$1,80017%

Where Each Country Wins

  • Bulgaria is cheaper for:
  • Accommodation, particularly in larger cities like Sofia
  • Food, with lower prices for meals at restaurants and groceries
  • Transportation, with a more developed public transportation system
  • Utilities, with lower prices for electricity, water, and internet
  • North Macedonia is cheaper for:
  • Tourist attractions, with lower prices for entrance fees and guided tours
  • Outdoor activities, with lower prices for hiking, biking, and skiing
  • Local crafts, with lower prices for traditional handicrafts and souvenirs
  • Rural accommodation, with lower prices for guesthouses and farm stays

Bottom Line

Bulgaria and North Macedonia are both great options for expats, students, and retirees, depending on their individual preferences and priorities. Bulgaria is generally cheaper, with lower prices for accommodation, food, and transportation, making it an attractive option for those on a budget. However, North Macedonia has a more vibrant cultural scene and a strong sense of community, making it a great choice for those who value these aspects. Ultimately, the choice between Bulgaria and North Macedonia will depend on individual circumstances and priorities. For those who value a more urban lifestyle and a lower cost of living, Bulgaria may be the better choice. For those who prioritize a more rural lifestyle and a stronger sense of community, North Macedonia may be the way to go.