Culture & Travel

15 March 2024

Erasmus, the student and staff exchange program of the European Union (EU), is a great opportunity to experience cultural richness and improve language skills. The Erasmus program allows undergraduate and graduate students in Europe to study at another European university for one or two semesters, offering a highly functional opportunity. Students in our country can benefit from the advantages of studying at universities in European countries through Erasmus.

The Erasmus program yields significant benefits. However, there is, of course, a financial aspect to consider. In addition to personal and educational criteria, financial qualifications are necessary for Erasmus in the 27 member countries of the European Union and the European Economic Area (EEA). This ensures that students or staff going on exchange can secure themselves financially in the country they are visiting.

Erasmus Ekonomik Ülkeler (1).jpg

Who Can Participate in Erasmus?

To participate in the Erasmus program, there are some prerequisites:

Being enrolled in a higher education institution in an EU member state or EEA country

Proficiency in the required language skills

Having financial means.

Those who meet the above criteria can apply for the Erasmus program.

Economically Favorable Countries for Erasmus

The financial aspect of Erasmus is important for students to have a comfortable and smooth experience in the country they visit. Prospective Erasmus candidates often conduct research beforehand to ensure they choose an option that won't cause financial strain. This is a natural desire. We wanted to list the most economically advantageous countries for Erasmus. Here are the cheapest countries for Erasmus:

Poland

Poland is one of the most preferred countries for Erasmus students. Its historical and natural beauties, along with the quality of education, make it attractive. The cost of living in Poland is approximately €600-800 per month. Accommodation costs range from €200-400 on average. Transportation costs around €50-100, while food and beverages amount to approximately €200-300. Overall, Poland is one of the countries with good economic standards compared to others.

Hungary

Hungary, one of the most splendid countries in Central Europe with cultural richness, is also an ideal location for the Erasmus program. Looking at the cost of living, there is an average expense of €600 to €800 per month. Accommodation ranges from €200-400, transportation from €30-50, and food consumption and other necessities around €200-300. Hungary is among the countries worth considering for Erasmus.

Erasmus Ekonomik Ülkeler (2)

Czech Republic

Another Central European country, the Czech Republic, accepts students from many parts of the world through the Erasmus program. Looking at the economic standards in the Czech Republic, a quite favorable situation emerges. While the average cost of living ranges from €700-900, accommodation is around €250-450, transportation €30-50, and food and other consumption expenses are approximately €250-350.

Romania

Situated in the eastern part of the European continent with a coastline along the Black Sea, Romania is a country known for its rich cultural diversity. It's one of the most preferred destinations for the Erasmus program. In terms of the economic landscape, here's the breakdown: the average cost of living ranges around €500-700 per month, while accommodation expenses amount to around €150-300 monthly. Transportation costs in Romania typically fall within the range of €20-40 per month, with food and other consumption needs averaging around €150-250.

Bulgaria

As one of the most popular Balkan countries and a neighbor to us, Bulgaria also accepts students for the Erasmus program. When looking at the economic standards in Bulgaria, the average monthly cost ranges between €400-600. Accommodation expenses usually range from €100-250 monthly, while transportation costs are around €20, and food and other basic necessities range from €150-200.

Latvia

Located between Estonia and Lithuania on the coast of the Baltic Sea, Latvia is an Eastern European country. With its cultural heritage and natural beauty, Latvia captivates many. Economically, it can be seen as a place where students won't struggle much. The average monthly cost of living is around €500-700, with accommodation costing €150-300 monthly and transportation around €20-40. Basic food and grocery expenses amount to approximately €150-250 per month.

Erasmus Ekonomik Ülkeler (3)

Lithuania

As one of the three Baltic states in Northern Europe, Lithuania offers a fairly reasonable standard of living for students. The average monthly cost of living is around €500-700, with accommodation expenses ranging from €150-300, transportation at €20-40, and basic necessities at €150-250.

Estonia

Situated in Northeastern Europe, Estonia is also among the top choices for the Erasmus program. Compared to other countries, its economic standards are slightly higher. The average cost of living per month is around €600-800. Accommodation expenses range from €200-400 monthly, transportation costs from €200-300, and basic food necessities from €200-300.

Croatia

Having declared independence from the Socialist Federal Republic of Yugoslavia in 1991, Croatia is now one of the countries frequently chosen by Erasmus students. The average cost of living is around €700-900 per month. Accommodation costs range from €250-450 monthly, transportation from €40-60, and food expenses from €250-350.

Portugal

Surrounded by the Atlantic Ocean and mesmerizing natural beauty, Portugal has an average monthly cost of living of around €700-900. Accommodation expenses typically range from €250-450 per month, transportation costs from €30-50, and basic food needs around €200-300.

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