Cost-of-living comparison · Eurostat HICP 2023

🇸🇪 Sweden vs 🇷🇴 Romania

How the cost of living compares between Sweden and Romania - overall and across rent, groceries, transport, healthcare, utilities and dining, weighed against local income.

Cheaper overall
Romania
Better value
Sweden
Price gap
98%

Cost by category - Sweden vs Romania

Sweden - price level by category

Overall cost115Rent & housing90Groceries118Transport125Healthcare95Utilities85Restaurants118

Romania - price level by category

Overall cost58Rent & housing46Groceries75Transport60Healthcare52Utilities78Restaurants56

Side-by-side

Category (EU-27 = 100) 🇸🇪 Sweden 🇷🇴 Romania
Overall cost 115 58
Rent & housing 90 46
Groceries 118 75
Transport 125 60
Healthcare 95 52
Utilities 85 78
Restaurants 118 56
Affordability (income ÷ cost) 23913 10000

Highlighted = lower price level (or higher affordability). Affordability = median net income ÷ cost index, higher is better.

What the Sweden vs Romania comparison shows

On Eurostat's comparative price-level scale (EU-27 = 100), Romania is the cheaper of the two overall at index 58, against 115 for Sweden - a difference of about 98% in everyday prices. Because the same standardised basket is priced in both countries, that gap is directly comparable and not an artefact of exchange rates.

The category table above shows the gap is rarely uniform. Housing usually drives most of the difference because rent cannot be traded across borders, so weight the rent row most heavily, a country that is cheaper on groceries but dearer on rent often works out more expensive in practice, since the rent gap is larger in absolute euros than the savings on smaller categories.

Price is only half the story. Measured against median net income, Sweden offers the better value of the two, a typical income there stretches further once local prices are taken into account. The cheaper country is not automatically the one where you live best, which is why affordability, not the headline price level, is the number to anchor on.

Frequently asked questions

Is Sweden or Romania cheaper to live in?

Romania is cheaper overall, its Eurostat cost-of-living index is 58 versus 115 for Sweden (EU-27 = 100), a difference of about 98%.

Which has cheaper rent, Sweden or Romania?

Romania has the lower housing price level (46 vs 90, EU-27 = 100). Rent is usually the largest single household expense, so it weighs heavily on real affordability.

Does cheaper mean better value in Sweden vs Romania?

Not always. Adjusted for median net income, Sweden offers the better value, a typical income there stretches furthest against local prices. The cheaper country is not automatically the one where you live best, because incomes differ too.

Source: Eurostat, comparative price levels (HICP) and median equivalised net income Eurostat, comparative price levels (HICP) and median equivalised net income Price-level indices, EU-27 = 100, 2023.

Data compiled and verified by the PlainCostOfLiving team.