A new study has revealed the cheapest country in Europe to live as an expat.
Researchers looked at the cost of common living expenses in each country, including the price of public transport, fuel, internet, utility bills, eating out and a gym membership.
And while Mexico tops the list for value worldwide, there’s a European country where Britons will enjoy a much cheaper cost of living.
Lithuania is officially the cheapest country for expats in Europe. The Baltic country has the cheapest average internet bill at just £11.64 per month.
It also ranks among the top five cheapest countries for public transports costs with tickets costing just 85p.
The majority of expats in the country tend to live in Vilnius, Lithuania’s capital city. It has a pretty medieval Old Town and has previously been crowned as Europe’s most affordable city break.
Lithuania also has a 90km long coastline with several sandy beaches and a large area of forest, both perfect for weekend trips.
Rent is generally affordable as well with the cost of a city centre apartment in Lithuania, averaging €625/£539 per month according to Numbeo.
Lithuania is officially the cheapest country for expats in Europe. The Baltic country has the cheapest average internet bill at just £11.64 per month
The majority of expats in the country tend to live in Vilnius, Lithuania’s capital city
Next cheapest on the list is Poland. According to William Russell, who created the study, expats can get cinema tickets for just £5.77.
Internet costs just £12.26 a month while a gym membership comes in at £27.71 per month.
At the other end of the scale, Switzerland is the most expensive country in Europe for expats. A gym membership costs a whopping £65.74 per month on average while a cinema ticket comes in at £18.15.
Public transport is also pricey costing around £3.08 a journey on average, according to William Russell.
Iceland ranks as the world’s next most expensive country for expats with public transport costing £3.77 a journey and a monthly internet bill coming to £60.44.
Norway is the third most expensive country with public transport costing £3 for a one-way ticket and average internet costs at £44.24.
A William Russell spokesperson says: ‘The cost of living can vary dramatically from one destination to another and what seems like a dream move can become a budgeting nightmare if you’re not prepared.
‘From sky-high rent and restaurant bills to unexpected utility costs, your money might not stretch as far as it did back home.
Next cheapest on the list is Poland. According to William Russell , who created the study, expats can get cinema tickets for just £5.77
At the other end of the scale, Switzerland is the most expensive country in Europe for expats
‘Whether you’re relocating for work or chasing a new adventure, it’s important to safeguard the income that supports your lifestyle.’
The study also finds that expats living in Estonia will spend the highest proportion of their monthly income on the cost of living.
According to the researchers, people in Estonia spend around 14.7 per cent of their monthly income on essentials.
Greece is next with expats spending 13.9 per cent of their average monthly income on the cost of living.
Slovakia rounds off the top three with expats spending 13.9 per cent of their monthly income on living costs.
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