A life in Europe at Rs 1.7 lakh a month isn't as impossible as you might think

For many people, retirees, freelancers, digital nomads, or those seeking a lifestyle change, the dream of living in Europe doesn’t have to come with a sky-high price tag. With a monthly budget of around $2,000 (Rs 1,74,000), it's entirely possible to enjoy a comfortable, even enriching life in several parts of Europe, says Forbes.

While major cities like Paris, London, or Amsterdam might be out of reach on a modest budget, smaller towns and lesser-known regions, especially in Central, Eastern, and Southern Europe, offer far better value for money, as per Forbes. Countries like Portugal, Bulgaria, Hungary, Romania, and parts of Spain and Italy boast low living costs, excellent public transport, reliable healthcare, and rich cultural experiences.

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From charming seaside villages to historic hill towns, many of these locations offer the European lifestyle, think cobblestone streets, open-air cafés, and weekend markets, at a fraction of the cost. And for Indians considering a long-term stay, some of these countries also offer friendly visa or residency schemes, especially for retirees and remote workers.

Learning the local language can help unlock even better value and more meaningful integration into the community. In return, you get warm local hospitality, scenic surroundings, and a pace of life that prioritizes wellness and quality over stress.

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So if you're dreaming of sun-drenched balconies, coastal walks, or sipping wine in a medieval town square, don’t let your budget hold you back. Europe still has plenty of affordable corners where you can live well, even on a modest Indian income.

Budapest, Hungary

As per the Forbes report, Budapest offers exceptional value for expats, digital nomads, and retirees seeking cosmopolitan living on a budget of $1,200 to $1,800 per month. With affordable housing, efficient public transport, rich culture, and excellent healthcare, it rivals top Western cities at a fraction of the cost. Safe, stylish, and walkable, Budapest combines historic charm with modern comforts and a welcoming, English-speaking community.

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Greece

Greece is a hidden gem for affordable European living, with monthly costs ranging from $1,000 to $1,700. Outside tourist-heavy spots like Santorini, you can rent sea-view homes for under $800—or even $400. With its warm climate, stunning landscapes, strong expat community, and tax incentives for retirees and remote workers, Greece blends history, health, and relaxed Mediterranean living at an unbeatable price.

Cyprus

Cyprus offers an affordable Mediterranean lifestyle for $1,200–$1,800/month, making it ideal for retirees and digital nomads. With English widely spoken, modern infrastructure, low taxes, and rents from $500–$800—even near the coast—it’s a budget-friendly EU destination. The island combines year-round sun, rich history, great healthcare, and a relaxed beachside pace, making it perfect for those seeking sun and simplicity.

Exchange rates may vary; as of today, $1 is approximately Rs 87.