Slovakia is among the cheapest EU members

But it's also the most expensive among Visegrad Group members.

Food prices and other commodities were compared within EU.Food prices and other commodities were compared within EU.(Source: SME)

Even though it may not seem so, considering the prices of living, Slovakia is the seventh cheapest country in the EU, Eurostat data from the European Union’s (EU) statistics office, which was obtained from a survey by Poštová Banka analysts, suggests.

However, it is also the most expensive among the Visegrad Group (Slovakia, Poland, the Czech Republic, Hungary). The biggest difference is between Slovakia and Poland at 19 percent (and 28 percent for food), the Sme daily wrote.

Bulgaria is the cheapest EU member – around 30 percent cheaper than Slovakia – and thus, a holiday there would also be the cheapest, as hotels and restaurants are 40 percent cheaper and clothes and shoes 25 percent cheaper, Lucia Dovalová, Poštová Banka analyst, told Sme. Everything except for food is cheaper there.

Croatia seems to be generally cheaper, too, the daily reported, as it has cheaper costs of living. The food and drinks are more expensive than Slovakia, though, and this may impact Slovak holidaymakers more, Sme wrote.

Shopping would be the cheapest in Turkey, which is not an EU member but was included in the statistics. It would amount to around one half of Slovak expenses, the daily sums up.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Theme: European Union


Top stories

Foreigners: Top 10 events in Bratislava

Tips for the top 10 events in the capital between April 19 and April 28, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

Easter market

Dual quality in the EU will be punished

Slovakia’s Agriculture Ministry welcomed the change, calling it a victory.

Food prices keep falling.

Blog: Bringing top business minds and students together

Martin Kardoš of CSI Leasing introduces the Mentor Network Program aimed at pairing young talents with experienced mentors from the business world.

Martin Kardoš, Managing Director CEE at CSI Leasing, at one of the Mentor Network Program events.