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Cost of living in Slovakia

What a month costs, how prices compare with other countries, and where the money goes

#35 by cost of living in the world#22 in Europe

Monthly cost in Slovakia

Spending runs from €600 a month in the poorest fifth to €2,160 in the richest

Per person, whole country

€1,200

what a typical person spends in a month

Spending across the population

poorest 20%
€600
richest 20%
€2,160

Where people spend money in Slovakia

One person's out-of-pocket spending, averaged across the whole country

Housing
€34328%
Groceries
€23920%
Other
€15713%
Leisure & culture
€1129%
Home & household
€807%
Dining out
€787%

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Key facts

The cost of living in Slovakia in numbers

Housing takes an unusual share of the budget

It absorbs 28.5% of spending here, or €343 a month, against 18.4% in a typical country, 10.1 points more.

Typical spending takes 83% of the average wage

A typical person spends €1,200 a month while the average take-home wage is €1,440, so 17% of an average wage sits above what a typical person spends.

How living costs in Slovakia compare

Neighbours, region and the world on the same monthly figure

monthly spend · % vs Slovakia
1Austria
€2,130+77%
2Slovenia
€1,380+15%
3Slovakia
€1,200
4Poland
€1,140-6%
5Czech Republic
€1,120-7%
6Hungary
€868-28%
7Ukraine
€248-79%

What things cost here

How much the same goods and services cost in Slovakia against other countries

More expensive than 74% of countries

Where Slovakia sits when every country is lined up from cheapest to most expensive

cheapest
Pakistan
most expensive
Bermuda
world
middle

A basket of goods and services that costs €865 at world-middle prices costs €1,210 here.

Data source: household consumption 2023 (World Bank), International Comparison Program 2021 (World Bank), category breakdown 2023 (Eurostat), adjusted to 2026 using IMF GDP-per-capita growth

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What it costs to live in Slovakia

Tell us what you earn and spend today — we'll estimate what the same lifestyle would cost in Slovakia and how much you could have left each month

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Cost of living in Slovakia

€600/mo

vs €692 in your country

Take-home

€894

vs €1,040 in your country

Potential savings

€294

more than in your country

Standard of living

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Frequently asked questions

What is the cost of living in Slovakia?

A typical person in Slovakia spends about €1,200 a month — around €14,400 a year — on housing, groceries, transport and other everyday costs. It's a nationwide average across different regions, cities and types of housing.

What is the standard of living in Slovakia?

By spending, Slovakia ranks #35 of 185 countries. A typical person spends about €1,200 a month, the poorest 20% about €600 and the richest 20% about €2,160. The gap between them shows how unevenly people live.

What is the cost of living in Slovakia in US dollars?

The cost of living in Slovakia is about $1,392 a month, or roughly $16,704 a year per person.

How much money do you need to live comfortably in Slovakia?

It all depends on your standard of living. A modest budget runs about €600 a month per person, a typical one around €1,200, and a comfortable life around €1,560. In big cities and for a family, costs are usually higher.

What do people spend the most on in Slovakia?

The biggest expense is housing, at about €343 a month (28% of spending). Then come groceries (€239, 20%) and leisure & culture (€112, 9%).

Is the average salary in Slovakia enough to live on?

In most cases yes, but without much of a cushion. Average spending is about €1,200 a month, while the average take-home pay in Slovakia is about €1,440. For more on incomes, see salaries in Slovakia.

Is Slovakia an expensive country to live in?

Yes. Slovakia is more expensive than 82% of countries worldwide and ranks 22nd of 41 in Europe by cost of living.

What currency is used in Slovakia?

Slovakia uses the Euro (EUR). Amounts on this page are shown in it; the currency switcher converts them.

Where to live?

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Living in Slovakia

See the full country overview