Last updated on November 4th, 2021

Most Expensive Cities in Europe | 2021 Rankings

Europe is a dream for many digital nomads. Thanks to its rich history, diverse culture, and great cuisines, European countries are attracting expats. However, living in Europe might come with high costs.

10 Most Expensive Cities in Europe

If you are planning to live in Europe, it is always necessary to keep in mind and consider the cost of living and the benefits of living in the most expensive cities in Europe. Check out below the 10 most expensive cities in Europe according to Expatistan’s cost of living index as of September 2021. We’ve also added a cost of living section with data we’ve collected from Numbeo. Note that these figures are subject to change and this is why we recommend making a thorough search when you decide your relocation to a certain city. Also, we’ve converted the local currencies to Euro.

1. Geneva, Switzerland

As you probably already know, Switzerland is one of the most expensive countries in the world, and Geneva stands out as the most expensive city in Europe. Especially, rents are very high in the city and you’ll find that the food is equally expensive. Fortunately, flat-share options are available in the city.

Cost of living

Accommodation

One-bedroom apartment in the city center: €1,958
One-bedroom apartment outside the city center: €1,497

Restaurants

McMeal at McDonald’s: €14.17
Meal, Inexpensive Restaurant: €23.62
Cappuccino: €4.21
Beer: €7

Markets
Milk (1 liter): €1.61
Loaf of Fresh White Bread (500g): €2.73
Eggs (12): €5.51
Banana (1kg): €2.58 

Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage): €194
Internet: €60

2. Zurich, Switzerland

As we’ve mentioned, Swiss cities lead this list of most expensive cities in Europe. Zurich, one of the country’s main cities, ranks second as one of the most expensive cities in Europe. 

With a rich history and many museums, in addition to its central position in Europe and proximity to the famous Swiss Alps, Zurich is often a popular stop on a European adventure. However, this adventure will probably cost a fortune.

Cost of living

Accommodation
One-bedroom apartment in the city center: €1,869
One-bedroom apartment outside the city center: €1,361

Restaurants
McMeal at McDonald’s: €14.17
Meal, Inexpensive Restaurant: €23.62
Cappuccino: €4.71
Beer: €6

Markets
Milk (1 liter): €1.57
Loaf of Fresh White Bread (500g): €2.50
Eggs (12): €6.09
Banana (1kg): €2.63

Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage): €205
Internet: €50

3. London, UK

London rose from fifth in 2020 to third in 2021 among Europe’s most expensive cities. The English capital carries the reputation of an expensive, extremely expensive city, and this is true.

With one of the most valued currencies in the world, the pound sterling, the land of Big Ben does indeed have a higher cost of living, even for those who earn Euro or American dollars.

Cost of living

Accommodation
One-bedroom apartment in the city center: €1,983
One-bedroom apartment outside the city center: €1,501

Restaurants 

McMeal at McDonald’s: €7
Meal, Inexpensive Restaurant: €17.65
Cappuccino: €3.51
Beer: €5

Markets

Milk (1 liter): €1.13
Loaf of Fresh White Bread (500g): €1.27
Eggs (12): €2.64
Banana (1kg): €1.29

Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage): €220
Internet: €40

4. Lausanne, Switzerland

Located in French Switzerland, the city of Lausanne is a typical Swiss city, made of pure elegance and quality of life.

Lausanne is known for hosting the Olympic headquarters and being a city for studies. The place has popular ski resorts, is between the mountains, and has a beautiful lake, the Leman, where locals practice windsurfing and water skiing. 

Cost of living

Accommodation
One-bedroom apartment in the city center: €1,367
One-bedroom apartment outside the city center: €1,104

Restaurants
McMeal at McDonald’s: €14.17
Meal, Inexpensive Restaurant: €23.62
Cappuccino: €4.39
Beer: €6

Markets

Milk (1 liter): €1.45
Loaf of Fresh White Bread (500g): €2.48
Eggs (12): €5.52
Banana (1kg): €2.46

Utilities (Monthly)

Basic (Electricity, Heating, Cooling, Water, Garbage): €180
Internet: €56

5. Dublin, Ireland

Dublin rose from the ninth position in 2020 to the fifth position among the most expensive cities in Europe in September 2021. Dublin is known for its bustling nightlife and proximity to Ireland’s stunning natural landscapes. However, it is one of the expensive cities in Europe, largely due to high rents.

Cost of living

Accommodation

One-bedroom apartment in the city center: €1,653
One-bedroom apartment outside the city center: €1,458

Restaurants 

McMeal at McDonald’s: €9
Meal, Inexpensive Restaurant: €15
Cappuccino: €3.45
Beer: €5

Markets

Milk (1 liter): €0.94
Loaf of Fresh White Bread (500g): €1.47
Eggs (12): €3.10
Banana (1kg): €1.76

Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage): €145
Internet: €51

6. Reykjavik, Iceland

As one of the most exclusive and remote travel destinations, the city of Reykjavik is the capital and heart of Iceland. The city is known not only for its spectacular views but also for consistently making the list of the most expensive cities in Europe.

Due to its location and the climate, many products are imported. This makes the food more expensive. Furthermore, accommodation costs are really high.

Cost of living

Accommodation

One-bedroom apartment in the city center: €1,326
One-bedroom apartment outside the city center: €1,150

Restaurants
McMeal at McDonald’s: €12.51
Meal, Inexpensive Restaurant: €16
Cappuccino: €3.95
Beer: €8

Markets
Milk (1 liter): €1.28
Loaf of Fresh White Bread (500g): €3.15
Eggs (12): €4.84
Banana (1kg): €1.80

Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage): €92
Internet: €83

7. Oslo, Norway

Norway and Oslo, specifically, are praised for their quality of extremely high life, constantly on top of European cities. But generally, high quality of life translates as high costs and in Oslo, this is no exception.

The city rose from the eighth position in 2020 to seventh place of the most expensive cities in Europe in September 2021.

Cost of living

Accommodation

One-bedroom apartment in the city center: €1,387

One-bedroom apartment outside the city center: €1,103

Restaurants 

McMeal at McDonald’s: €11.13
Meal, Inexpensive Restaurant: €19
Cappuccino: €4.39
Beer: €9

Markets
Milk (regular), (1 liter): €1.88
Loaf of Fresh White Bread (500g): €2.75
Eggs (12): €3.82
Banana (1kg): €2.12

Utilities (Monthly)

Basic (Electricity, Heating, Cooling, Water, Garbage): €146
Internet: €46

8. Paris, France

Being a famous tourist destination, Paris is also one of the most expensive cities in Europe. History, monuments, neighborhoods, glamor, and romanticism that surround the Parisian atmosphere make prices in the city soar.

Accommodation
One-bedroom apartment in the city center: €1,271
One-bedroom apartment outside the city center: €893

Restaurants
McMeal at McDonald’s: €9
Meal, Inexpensive Restaurant: €15
Cappuccino: €3.66
Beer: €6

Markets
Milk (1 liter): €1.10
Loaf of Fresh White Bread (500g): €1.96
Eggs (regular) (12): €3.77
Banana (1kg): €1.94

Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage): €180
Internet: €29

9. Trondheim, Norway

Trondheim is Norway’s third-largest city. It was once the country’s capital and is considered the most historic city in Norway. It’s a university town, with lots of pubs and young people. In addition to the various historical monuments to visit, those who know Trondheim say there is no lack of excitement.

Accommodation
One-bedroom apartment in the city center: €1,157
One-bedroom apartment outside the city center: €910

Restaurants
McMeal at McDonald’s: €10.63
Meal, Inexpensive Restaurant: €19.73
Cappuccino: €4.19
Beer: €9

Markets
Milk (regular), (1 liter): €1.98
Loaf of Fresh White Bread (500g): €3
Eggs (regular) (12): €4.28
Banana (1kg): €2.30

Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage): €132
Internet: €47

10. Copenhagen, Denmark

The capital of Denmark has been a popular tourist destination for several years. Unfortunately for budget-conscious digital nomads, however, visits are usually last short. Copenhagen is among the countries with high quality of living, as a direct correlation, there is a very high cost of living.

Accommodation
One-bedroom apartment in the city center: €1,483
One-bedroom apartment outside the city center: €1,111

Restaurants
McMeal at McDonald’s: €10.09
Meal, Inexpensive Restaurant: €17.47
Cappuccino: €5.14
Beer: €6

Markets
Milk (regular), (1 liter): €1.38
Loaf of Fresh White Bread (500g): €2.90
Eggs (regular) (12): €3.67
Banana (1kg): €2.56

Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage): €159
Internet: €33

Conclusion

There you have it – the list of most expensive cities in Europe. But don’t let this ranking deter you from visiting the continent. Europe is very big and also home to many cities that cater to different budgets. If you’re looking for your next destination where you’re going to be able to manage your finances, check out our article on Cheapest Countries