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Household Costs in Bulgaria 2012

It's all very well selling up in the UK, buying your new home and moving to your dream country but can you afford to live there?

There is more to a new life overseas than just buying a beautiful property in the sun. Out of those who move overseas and then return home, the most commonly cited reason is finance. In other words, it is due to lack of money.

What about the cost of living in your new country? How far will your pension or savings go? Bulgaria offers one of the cheapest costs of living amongst all European countries. We take a look at the cost of living to help those considering moving.

This list is to help give you an idea of what average costs are in Bulgaria for running a three bedroom house and the comparison it is to a similar lifestyle standard of the U.K.

Example: Property 3 bed renovated quality detached house with garden, ready to move into, edge of a small town with a selection of shops, bars, restaurants, doctors, chemists, market...

1. Cost of Bulgarian property - from 25 000 Euros upwards depending on the region.

2. Council and property taxes per annum - 15 Euros (The council and property tax varies depending on each region, and the tax evaluation price of the property, but is generally very cheap).

3. Insurance - Buildings and Contents for 12 months - 250 Euros

4. Heating, Air Con and Electric for a year (An expensive form of heating for a house but clean and easy compared to wood which is more popular) - 1000 Euros

5. Road Tax for one year - Bulgaria 35 Euros

6. Food and alcohol for an average monthly shop for a couple - Bulgaria 300 Euros

7. Cost of a glass of wine -  from 1.50

8. Glass of beer in a bar or restaurant -  from 1.00 Euros

9. Eating out for two people, two course tradiotional meal, no wine or drinks - 8 Euros

10. Cigarettes, per packet local brand - 2.00 Euros

11. Internet connection -  from 10 Euros per month

12. Bulgarian satellite TV packages from 8 Euros per month

13. Mobile phone packages from 5 Euros per month

14. Average costs for renovation and building work, per day labourer / craftsman
Bulgaria 15 / 50 Euros

This is an average guide to costs, as people's standards are all different.