The seven cheapest European cities to live in

Porto, Portugal

(Wikicommons)

Soaring housing prices in London are pushing people out of the capital.

And if you want to find somewhere cheap with good job prospects, there are actually numerous cities across Europe that offer a decent standard of living.

Salaries differ across Europe, but a higher pay packet does not always come with a better standard of living.

According to Glassdoor's report titled "Which Countries in Europe Offer The Best Standard of Living?" some cities with wages on the lower end of the scale make up for it with low prices.

Glassdoor's cost-of-living index takes into account income versus "how much money is needed to buy a standard basket of goods and services in different countries, including groceries, restaurants, transportation, utilities, and rent."

Business Insider took a look at the seven cheapest European cities to live in:

7. Barcelona, Spain —The seventh-most-populous urban area in the European Union attracts professionals and tourists from across the world, but living costs are still low compared with wages.

6. Lisbon, Portugal — Glassdoor says the average nominal wage in Portugal is only about €15,500 (£12,210, $17,641), but low local living costs mean the average city dweller will not be massively out of pocket.

5. Athens, Greece — The city may be rocked by mass unemployment and a refugee crisis, but if you have a job, Athens is a pretty cheap place to live.

Athens

(Tobias Van Der Elst/Flickr)

4. Tallinn, Estonia — Living costs in the city are incredibly cheap, and considering it is the political and financial capital of Estonia, wages are on the rise.

Talinn

(Zigomar / Wikimedia Commons)

3. Thessaloniki, Greece —The second-largest city in Greece is by the sea and a major transportation hub for the country, providing lots of jobs. It also is a tourist hotspot thanks to its museums and historical monuments.

2. Porto, Portugal — Glassdoor says the second-largest city in Portugal is about 70% cheaper to live in than New York City.

1. Tartu, Estonia — The beautiful city is the second largest in Estonia and is regarded by the country as its "intellectual capital" because it is home to the nation's oldest and most renowned university, the University of Tartu.

Tartu

(Wikicommons)

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