The Cost of Hiring a Worker in Bulgaria is 13-14 times less than in EU

The Cost of Hiring a Worker in Bulgaria is 13-14 times less than in EU

The average wage in Bulgaria is 1.45 euro per hour including social insurance, shows the report of Eurostat.

The cost of hiring a worker in the old EU-member countries is 13-14 times higher than in Bulgaria, 21,22 euro per hour, showed the preliminary data released by Eurostat.

Prices of milk, cheese and eggs in Bulgaria have reached 84.2% of the average in EU levels, Non-alcoholic beverages in Bulgaria cost 68.7% of the average in the EU.

There is still a huge difference in the prices of services, which remain significantly lower in Bulgaria compared with the EU.

The low cost of labor and the reduction of corporate tax to 10% make Bulgaria one of the most attractive countries for investors.

As a whole, prices in Bulgaria are the lowest in the EU. Health insurance in Bulgaria is nearly four times cheaper, or 26.3% of the average in the EU.

Bulgarians pay nearly eight times less for education. Prices in Bulgarian restaurants, cafes and hotels are 60% lower than the EU average.

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