This is a country located in Northern Europe, bordering the Baltic Sea, the Gulf of Finland, Latvia, and Russia. Its capital and largest city is Tallinn. The nation has a population of approximately 1.3 million people and covers an area of 45,227 square kilometers. The official language is Estonian and the country’s currency is the euro. The country has a diverse economy, with a strong emphasis on technology and innovation. It has one of the highest rates of internet usage in the world and is known for its e-government and e-residency programs. Coupled with its rich cultural heritage and influences from both its Nordic and Baltic neighbors. The country has a parliamentary representative democratic republic form of government and is a member of the European Union, NATO, the United Nations, and the World Trade Organization. The standard of living within this territory varies depending on the city and region but in general. It is considered to be relatively affordable compared to other European countries, although the quality of life can vary depending on individual lifestyle and location.
If you are considering relocating to this country as an expat, there are things you need to know about this northern Europe nation. The most important of them all is its cost of living. This article provides information on the cost of basic human needs in the country.
Cost of living in the country
The standard of living in this territory varies depending on the city and region, but in general, it is considered to be relatively affordable compared to other European countries. The following are the costs of some basic needs to take into consideration:
Accommodation
Housing is one of the biggest expenses in a country, with prices varying depending on location and the size of the apartment or house. Take Tallinn for instance, the average monthly rent for a one-bedroom apartment in the city center is around 600-800 euros, while outside the city center. It is around 400-605 euros. Buying a house costs more than a thousand euros.
Food and groceries
Food and groceries are generally affordable among residents. A basic meal in a restaurant can cost around 13 euros, while a three-course meal can cost around 54 euros. A liter of milk costs about one euro, a loaf of bread is about two euros, and a kilogram of chicken breast is more expensive. The cost of goods is also reasonably low. However, these expenses are determined by an individual’s food choices.
Transportation
Transportation costs in large cities are high, but reasonable, with a one-way ticket for public transport costing around 1.63 euros in Tallinn. The price of gasoline is around 1.4-1.8 euros per liter.
Healthcare
It operates a functioning public health care system, with residents having health insurance schemes. Expats must also enroll in health insurance to have access to medical care. Typically, insurances cost less per month to purchase.
Utilities
Depending on the size and usage, utility bills for water, gas, and electricity usually vary each month. However, a one-bedroom apartment may cost around 270 USD per month on average. Residents typically pay monthly fees for internet access and local calling. Including water, heating, and refuse dumping, all of which add up to the monthly bills.
Entertainment and recreation
Entertainment activities require buying tickets for movies, shows, and games. A movie ticket may be around $8 while a show ticket can cost more.
Note that this country is considered one of the most affordable countries to live in compared to many other European countries. The standard of living is relatively affordable but depends on individual lifestyle and location.
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