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Cost of Living in Romania

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cost of living in romania

If you are considering making that big change in your life and moving to Romania, well, you’re on the right track. Romania is situated at the intersection of Central, Eastern, and South-Eastern Europe. From breathtaking mountains to lovely plains and seasides, that lovely land has it all. Romania tends to be one of the most attractive and cheap countries and a very nice place to live for expats. Read this blog, if you want to know about the cost of living in Romania!

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Why Choose Romania?

International students are increasingly choosing Romania as their preferred location to complete their higher education. The nation provides a distinctive fusion of culture, history, and modernity at an inexpensive price. Southeastern Europe’s Romania is a stunning nation. It has a long history, a vibrant culture, and some of the most beautiful landscapes on earth. Let us now look at the cost of living in Romania.

Average Cost of Studying in Romania

The cost of studying in Romania is influenced by a number of variables, including the institution, the programme, and your home country. But overall, it’s a reasonably affordable area to attend school.

Cost of Tuition

Undergraduate programmes normally have a €1,000 tuition fee and graduate programmes have a €2,000 tuition fee per year for students from the EU/EEA. For undergraduate degrees, non-EU/EEA students typically pay between €2,000 and €5,000 in annual tuition, and for postgraduate programmes, between €3,000 and €7,000.

Also Read: Study in Europe [2023 Guide for Indian Aspirants] Leverage Edu

Accommodation Expenses

The cost of living in Romania includes the cost of lodging too and it can be as exorbitant as you like. We are referring to the fact that while it is possible to obtain a comfortable apartment in the city centre for 280 GBP (1,600 RON), most expats choose to reside in more pricey neighbourhoods. That’s because Bucharest’s flats tend to be relatively old and in need of extensive maintenance. So, if you’re relocating to Romania, you can either choose an expensive, modern flat or a cheap, outdated, Soviet-style flat.

Rental cost in BucharestAverage monthly cost
Large apartment2,356 lei
Medium apartment1,893 lei
Small apartment1,429 lei
Apartment (1 bedroom) in City Centre1,752.92 lei
Apartment (1 bedroom) Outside of Centre1,286.47 lei
Apartment (3 bedrooms) in City Centre2,988.70 lei
Apartment (3 bedrooms) Outside of Centre2,141.55 lei

It is advised that if you are alone then try and get a 1bhk apartment at around 1,429 lei rather than a big one which will cost you around 2,356 lei and save your expenses, cut down expenses by finding a property near to the college and cut down your expenses prices. Getting a property outside of country will also help save money but do check transportation costs that it’s not more than what you will save in a far away accommodation.

Also Read: Top 14 Countries to Study in Europe Without IELTS – Leverage Edu

Utilities and Bills

Because local heating companies charge various fees, the price of utilities fluctuates based on the season and the area you live in Romania. For instance, if it’s a chilly season, you should prepare to pay a monthly heating bill of 500–600 RON. Additionally, Romania is renowned for having the cheapest and quickest internet in all of Europe.

UtilitiesAverage monthly cost
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)40.10 lei
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment652.73 lei
Mobile Phone Monthly Plan with Calls and 10GB+ Data34.75 lei

Transportation

Although Romania’s public transit is quite inexpensive, it is not of particularly high quality. Although the city centres are well connected to every district, if you live far from the centre, you may need to transfer to two or more buses to reach some locations. Romanian trains run incredibly slowly, thus it can take you a very long time to reach your destination.

TransportCost
One-way Ticket (Local Transport)3.00 lei
Monthly Pass (Regular Price)85.00 lei
Taxi (Normal Tariff)3.00 lei
Gasoline (1 litre)7.60 lei

One can also save money by taking walks for distances possible and avoiding taking transport facilities. It is good both for health and budget.

Also Read: Best Country to Study and Work for Indian Students – Leverage Edu

Essentials

Seasonality affects food prices in Romania, therefore if you want to eat less expensively, stick to buying fresh local stuff. Foods that are locally produced and in season, such as fruits, vegetables, and dairy products, are reasonably priced compared to some Western products. 

Romanians typically prefer to cook at home and eat out no more than four times per month. The largest monthly expense is food, however, overall costs of living in Romania can be as low as your style of life. For instance, if a family of three or four cooks mostly at home, they can easily stay within a 1,700 RON food budget. 

EssentialsAverage monthly cost
Milk (regular), (1 liter)6.88 lei
Loaf of Fresh White Bread (500g)4.75 lei
Eggs (regular) (12)13.43 lei
Apples (1kg)4.69 lei
Rice (white), (1kg)7.14 lei
Potato (1kg)3.51 lei

Also See: Cost Of Living Calculator – Estimate Your Study Abroad Expenses

Clothing and Personal Hygiene

Unless you’re steadfastly committed to wearing apparel and accessories from a certain well-known brand, most goods are significantly less expensive in Romania than in Western Europe. Therefore, the price of personal care products and clothing won’t break the bank if you’re not simply interested in expensive branded items.

Clothing and ShoesCost
1 Pair of Jeans281.36 lei
1 Summer Dress in a Chain Store167.54 lei
1 Pair of Nike Running Shoes327.89 lei
1 Pair of Men Leather Business Shoes383.49 lei

Tips to Save Money in Romania

Given below are a few tips to save money in Romania:

  • Make a budget and plan ahead. This will make it easier for you to keep track of your spending and prevent overspending.
  • share a place to stay. One of the simplest methods to reduce your rent payment is to do this. You can look for roommates online, through online classified ads, or even just by word of mouth.
  • Prepare meals at home. Cooking at home is a terrific method to save money because eating out may be pricey. In Romania, there are lots of inexpensive grocery stores, and you can locate cookbooks or online recipes.
  • Use the free activities available. In Romania, there are lots of free or inexpensive things to do, including going to museums, go trekking, and go sightseeing.
  • Take the bus or train. To go around Romania without having to pay a lot for taxis or Uber, take public transit.
  • Look around to find the greatest offers. Compare pricing at various stores before making any purchases. To find the best offers, you may also use online comparison tools.
  • benefit from student discounts. Ask about student discounts when you’re out and about because many companies do.

Relevant Reads:

Cost of Living in Birmingham: A Comprehensive GuideCost of Living in Iceland for International Students 2024
Cost of Living in Hamburg: A Comprehensive Guide on Hamburg’s ExpenseCost of Living in Estonia: A Comprehensive Guide
Cost of Living in Edinburgh: A Comprehensive Guide on ExpensesCost of Living in Limerick: A Complete Guide

FAQs

Is it expensive to live in Romania?

One of the most alluring locations for expats looking for a cheap but cosy place to reside is Romania. According to the global organisation Mercer’s evaluation of the cost of living among 209 cities throughout the world, Bucharest comes in at 160th place.

How much does it cost to live comfortably in Romania?

In 2023, you can anticipate spending about 1,200 euros a month to get by in Romania.

Is Romania cheap or expensive?

The cost of travelling to Romania is already very low. It will be difficult for you to overspend here. In order to accomplish so, you must truly make an effort.

Hope this blog gave you all the necessary information regarding the Cost of Living in Romania. For more such information visit us at Leverage Edu.

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