Romania is a popular destination for expats due to its lower cost of living, beautiful landscapes, and growing economy. Below are some key factors to consider for expats moving to Romania:
Wages and Salary in Romania
The average monthly salary in Romania is around 3,700 RON (approximately 770 EUR) but can vary depending on the industry and location.
Housing Costs in Romania
Housing costs in Romania are generally lower than other European countries. The average cost of a one-bedroom apartment in the city center is around 1,800 RON (approximately 370 EUR) per month, while a three-bedroom apartment can cost around 3,800 RON (approximately 780 EUR) per month.
Cost of Domestic Bills in Romania
Utility bills (electricity, gas, water, and heating) for a 85m2 apartment in Romania would be around 800 RON (approximately 165 EUR) per month.
Healthcare Costs in Romania
Public healthcare is available to Romanian residents, and expats who pay into the national social insurance system. Private healthcare is also available and typically affordable compared to other European countries.
Childcare Costs in Romania
Childcare costs in Romania are relatively low compared to other European countries. The cost of full-time daycare for a child under three years old can range from 900-1,500 RON (approximately 185-310 EUR) per month.
Study Costs in Romania
Tuition fees for higher education in Romania are relatively affordable compared to other European countries. The average cost is around 7,500 RON (approximately 1,550 EUR) per year for undergraduate programs.
The Cost of Food and Drink in Romania
The cost of groceries in Romania is generally lower compared to other European countries. A liter of milk costs around 4 RON (approximately 0.82 EUR) and a loaf of bread around 2 RON (approximately 0.41 EUR). Eating out can also be affordable with a three-course meal at a mid-range restaurant costing around 100 RON (approximately 20 EUR) per person.
Transport Costs in Romania
Public transport is widely available in Romania with a single ticket for a bus, tram or metro costing around 2.5 RON (approximately 0.52 EUR). Taxis are also available at an affordable rate, with a starting fare of around 2.5 RON (approximately 0.52 EUR) and an average fare of around 1.5 RON (approximately 0.31 EUR) per kilometer.
Leisure Activities in Romania
Romania offers a wide range of leisure activities, including hiking in the mountains, exploring medieval castles, and enjoying the beaches on the Black Sea coast. Cinemas, museums, and other cultural activities are also available in major cities.
Taxation and Social Security in Romania
Income tax in Romania is progressive, with rates ranging from 10% to 45% depending on income level. The social security system is based on contributions made by both employees and employers.
Assistance with Living Costs in Romania
Expats may be eligible for various forms of financial assistance, including housing subsidies, child benefits, and healthcare subsidies, depending on their circumstances. It is recommended to research eligibility requirements and application procedures before moving to Romania.