Slovakia or the Slovak Republic is a landlocked country in Central Europe.
It’s not an expensive country, especially if you take into consideration the countryside.
The only exception are the houses and apartments in Bratislava which can really be ridiculously exensive.
In Slovakia, tourists and residents are spoiled by numerous national parks, mountains, valleys, forests and rivers: in fact, Slovakia has 5 cultural and 2 natural UNESCO’s World Heritage locations.
The cost of living in Slovakia is pretty balanced, with the average monthly salary of around 800$ and a monthly rent of approximately 400$ for a one-bedroom apartment.
Slovakia has some amazing food and an array of local restaurants where you can try its exquisite cuisine. Though there are many restaurants where the prices are very high, along with the standard of the place, there are also many inexpensive restaurants where you can eat for only 5$. Alcohol in general is cheap compared to Western Europe, East Asia or the US.
|Average Restaurant Prices|
|Meal (Inexpensive Restaurant)||$ 5.65|
|Domestic Beer (0.5 Liter)||$ 1.47|
|Water (0.33 Liter)||$ 1.06|
If you go shopping in local market you can count on a wide range of many delicious foods (meat, fresh fish, vegetables and tasty fruits). It is small country, so it doesn’t have a huge offer of goods. Ingredients are local, seasonal and cheap and do not cost as much as they do in many other European cities.
|Average Market Prices|
|Milk (1 Liter)||$ 0.80|
|Loaf Bread (500g)||$ 0.98|
|Eggs (12)||$ 2.07|
Renting a car is convenient and relatively cheap in Slovakia and travelling by bicycle is an excellent way to see and enjoy most of this gorgeous country so there are ways to move around and still save some money. If you have to use public transportation, however, it’s relatively inexpensive in comparison to western European countries. There are buses, and a one-way ticket costs 0.70$.
|Average Transport Prices|
|One Way Ticket||$ 0.79|
|Monthly Pass||$ 29.38|
Utilities are very expensive, especially in comparison with other European countries, like Italy. All the basic ones like gas, electricity, heating and cooling, for a larger apartment (if you have a family) of about 85m2, will cost around 200$. Internet, in turn, is very cheap in most households, costing only around 18$.
|Average Utilities Prices|
|Basic (Water, Electricity, Garbage, Heating, Cooling)||$ 201.14|
|1 min. of Prepaid Mobile Tariff Local||$ 0.08|
|Internet (Unlimited Data, Cable/ADSL)||$ 18.15|
SPORTS & LEISURE
Slovakia is perfect for outdoorsy types! The High and Low Tatras, Pieniny and Donovaly ranges are excellent for skiing and snowboarding. You should know that Slovaks actually love to run to the mountains during weekends. However, if you’re more into exercising indoors, a fitness club membership will cost you around 30$.
|Average Leisure Prices|
|Fitness Club, Monthly Fee for 1 Adult||$ 29.89|
|Tennis Court Rent (1 Hour)||$ 11.09|
|Cinema, 1 Seat, International Release||$ 7.34|
CLOTHING & SHOES
Slovakia is filled stores, malls and boutiques – and you can have a great time if you go shopping in this country. In these malls you will find a whole bunch of regular chain stores that exist around the world like Zara, Stradivarius, Bershka, etc.: quality jeans like Levi’s cost around 65$, while running sneakers are around 67$.
|Average Clothing Prices|
|1 Pair of Jeans (Levis 501 Or Comparable)||$ 64.83|
|1 Summer Dress in a Chain Store (Zara, etc...)||$ 32.29|
|1 Pair of Adidas Walking Shoes (Mid-Range)||$ 67.70|
RENT PER MONTH
Rent prices are skyrocketing in this gorgeous country! A two-room apartment in the very center of one of the major cities will cost you close to 530$ a month, so by now you are probably aware that you should be ready to pay high prices for rent. Like everywhere though, the cost depends on the size, condition, and location of the property.
|Average Rent Prices|
|Apartment (1 bedroom) in City Center||$ 530.94|
|Apartment (1 bedroom) Outside of Center||$ 411.34|
|Apartment (3 bedrooms) in City Center||$ 849.55|
How Does the Average Person Spend Their Money in Slovakia?
The single biggest expense in this beautiful country is going to be food although that’s pretty much relative and depending on your personal lifestyle
The next expense is rent which is pretty high throughout Slovakia.
Restaurants are next, which is no wonder since Slovakia is somewhat known for good food and wine, and filled with delicious food, so you’re practically forced to go.
Transportation is necessary and everyone uses it daily, so it’s normal that 12% of one’s entire income gets spent on it.
Utilities have a higher percentage than in most countries, which goes to show how expensive they are in Slovakia.
Slovakia: Average Salary, Minimum Wage & Mortgages
Those that live in Slovakia say it is a great place to live though, taking into consideration the prices – the wages are low because people around Slovakia don’t have strong unions.
With a minimum wage of 560$ many can’t cover their expenses, especially if they’re renting an apartment.
Average monthly net salary is over 880$ so it’s safe to say that those who are smart about managing their salaries and dividing them between their expenses intelligently, can earn enough for a decent living.
Cost of Living by City in Slovakia
*Click the name of the city for more information.
|City||Cost of Living Index|