Cost of Living in Tallinn: What You Need to Know
Tallinn, the capital of Estonia, is a beautiful city with a rich history and culture. It is also a popular destination for real estate investors, homeowners, and first-time home buyers. However, before making any decisions, it is important to understand the cost of living in Tallinn. In this article, we will provide you with all the information you need to know about the cost of living in Tallinn.
What is the Cost of Living in Tallinn?
The cost of living in Tallinn is relatively low compared to other European cities. According to Numbeo, the cost of living index in Tallinn is 51.68, which is lower than the cost of living index in cities like London, Paris, and Berlin. The cost of living in Tallinn is also lower than the average cost of living in Estonia.
Housing Costs in Tallinn
Housing costs in Tallinn are affordable compared to other European cities. The average cost of a one-bedroom apartment in the city center is around €600 per month, while a three-bedroom apartment in the city center costs around €1,200 per month. Outside the city center, the average cost of a one-bedroom apartment is around €400 per month, while a three-bedroom apartment costs around €800 per month.
Food Costs in Tallinn
Food costs in Tallinn are also relatively low. A meal at an inexpensive restaurant costs around €8, while a three-course meal for two at a mid-range restaurant costs around €50. The cost of groceries is also affordable, with a liter of milk costing around €0.70, a loaf of bread costing around €0.80, and a kilogram of chicken costing around €5.
Transportation Costs in Tallinn
Transportation costs in Tallinn are also affordable. A one-way ticket on public transport costs around €2, while a monthly pass costs around €23. Taxis are also relatively cheap, with a starting fare of around €2.50 and a kilometer fare of around €0.60.
FAQs
Q: Is Tallinn a good place to invest in real estate?
A: Yes, Tallinn is a great place to invest in real estate. The city has a growing economy, a stable political environment, and a high quality of life.
Q: What is the average salary in Tallinn?
A: The average salary in Tallinn is around €1,200 per month.
Q: Is it easy to get around Tallinn?
A: Yes, it is easy to get around Tallinn. The city has a well-developed public transport system, and taxis are also readily available.
Conclusion
In conclusion, the cost of living in Tallinn is relatively low compared to other European cities. Housing costs, food costs, and transportation costs are all affordable, making Tallinn an attractive destination for real estate investors, homeowners, and first-time home buyers. With a growing economy, a stable political environment, and a high quality of life, Tallinn is a great place to invest in real estate.