Best Places to Live in Europe in 2024
If moving to Europe in 2024 is your dream, but don’t know which city is ideal for you, then this guide is the right place! Your search for choosing the right European city that aligns with your aims for 2024 ends here. Europe has something for anyone and everyone, whether you’re in search of new money-making opportunities, you’re a digital nomad who wants to settle into a new creative workspace or a retiree who’s now ready to explore and relax in the finest European cities.
This ultimate guide wants you to sit back and relax because while Europe has got you covered with its endless opportunities we’ve got you covered with our fine list of the top European countries! Europe’s economy is growing and that’s not just an opinion coming from us! We’ve got our facts straight from the Eurostats demographic report so what better time to relocate to Europe than now?
Relocating to a new place is a big change and of course it can be challenging too and we get that which is why we’ve created this versatile guide for you! While finding the ideal European city is the goal, this guide will also let you have insights about various factors such as the cost of living, standard of living, and the economic opportunities that your future in Europe relies on!
Key Considerations When Moving to Europe in 2024
To ensure a smoother experience, it’s important that one weighs some important factors, including the following:
Living Expenditures
Now, living in Europe is the dream, and we get that, but affording to live in Europe is another story! Let us walk you through some basic living expenditures that’ll come your way when moving to Europe. Add up housing costs, utilities, and transportation in your budget plan because they take up most of your finances.
- Housing Costs: Well, rents vary from city-to-city and while we can’t give you a fixed number here’s a stat that can give you an idea: In 2023, the average monthly rent paid for a one-bedroom apartment in Berlin was around €1,200, while in Lisbon, it was around €950.
- Utilities and Transportation: In big European cities, you might spend anywhere from €100 to €200 a month on utilities. However, public transportation is pretty handy, and that’s the good news. Monthly passes usually run anywhere between €70 and €120, depending on where you are.
Quality of Life
Each city offers its own unique perks and comforts for living. This includes healthcare, safety and the overall well-being of individuals.
- Healthcare: It probably doesn’t come as a shock, but European countries usually have top-notch healthcare services. For instance, Switzerland and Sweden are always at the top for healthcare quality, with Switzerland having one of the most advanced systems around.
- Safety: Your safety matters the most, and we understand that, which is why we consider it an important part of your quality of life in Europe. According to the 2024 Global Peace Index, countries like Iceland and Switzerland are among the safest in Europe. Apart from that, most European countries are considered safe.
Economic Environment
Your opportunities in a new city/ country rely on the economic grounds the city/ country has to offer, and when it comes to Europe that’s not something that should worry you! Whatever the goal is; setting up a new business, finding a new job, making an investment or finding a new home, all you need to focus on is finding the right European city that’ll provide the economic grounds for you to grow.
- Job Market: Europe’s job market is growing fast, and that’s good news for you! Now, if you’re into tech and creativity, Berlin and Amsterdam are the places to move to. But if you’re looking for something in the IT, engineering, or finance department, then Munich is the hub for you. Cork and Vienna are known for their expanding job markets and growing opportunities.
Lifestyle and Culture
Adapting to a new culture and lifestyle can make or break your experience! You’ll have to consider various factors when trying to understand the lifestyle/ culture of a new city.
- Language: English is a widely spoken language in European cities however, if you want to merge in with the locals, learning the local language can not only add to your overall experience. However, it can also make it easier for you to adjust and prosper. This can really come in handy if you’re planning to launch a new business idea among the locals.
European Cities for Global Investors
If you’re considering Europe as a destination for investment, several cities stand out as the hubs for new opportunities. Here are the three best countries to live in Europe that have advantaged and promising prospects for global investors:
1. Berlin, Germany
Berlin is one of the leading investment cities in Europe. It’s the perfect place to land with a new business plan. Berlin’s thriving environment for startups is welcoming excited entrepreneurs. Plus, it’s possible to find relatively affordable real estate options when we compare to other major European cities.
The local government also supports investment in Berlin, as there are multiple funding opportunities. This makes Berlin, Germany, one of the most favorable places to land in with fresh business ideas.
Why Invest in Berlin?
- Growing Tech Hub: The tech industry in Berlin continues to expand. In addition, the city keeps offering many opportunities for investors in technology and digital media.
- Dynamic Real Estate Market: Property prices in Berlin remain competitive when compared to other European cities like London or Paris. However, the property prices in this city have experienced recent increases.
2. Lisbon, Portugal
If you’re on of those who’s looking for a prime investment spot, Lisbon’s the place you want to be. It’s a popular city if you’re into real estate or tech. What’s more, Portugal Golden Visa is a program that makes Portugal’s cities even more appealing to investors. It’s also a residency by investment program, a cherry on top. So, Lisbon makes the list worth a look.
Why Invest in Lisbon?
- Real Estate Market: Offering perfect grounds for a real estate investment, Lisbon’s market constantly blooms, and its property values rise steadily, making living in Lisbon a favorable option for foreigners.
- Supportive Investment Climate: As Lisbon creates a welcoming environment, international visitors may feel relaxed about Portugal Golden Visa program application.
3. Amsterdam, Netherlands
Amsterdam is for investment opportunities. It’s a perfect European city especially if you’re into tech or finance. High living standards and solid economic performance of Amsterdam makes the city a global attraction for investors all around the world. Plus, the city has business-friendly vibe and it’s a top location for those looking to invest.
Why Invest in Amsterdam?
- Tech Sector: The tech industries in Amsterdam are generating profits right now and if you want to make an investment in the tech sector Amsterdam is definitely worth a shot!
- Location: What’s the heart of Europe? Amsterdam, with its strategic location, is ready to tap into all other European markets. So, yes this city does not stop with the tech sector in fact it’s got a lot to offer owing to its location. It’s definitely a sweet spot for investors looking to expand their reach.
European Countries and Cities for Digital Nomads
If you’re looking for an atmosphere that blends work and leisure, Europe has got something for you, too! Here are the best places to live in Europe as a digital nomad:
1. Barcelona, Spain
Now, what can be the top pick for digital nomads? Well, it’s Barcelona! Owing to the vibrant and lively atmosphere that Barcelona has to offer, it made it to our list. You’ll find several coworking places and tech communities in Barcelona, Spain, which explains why so many nomads love it there! The cherry on top is the gorgeous beaches and many cultural attractions that keep a perfect balance between work and play.
Why Barcelona?
- Coworking Spaces: So, how many coworking spaces did it take Barcelona to make it to the list? Well, you’ll be surprised to know this, but Barcelona has over 200 coworking units around the city.
- Lifestyle: The blend of work and play makes Barcelona special for digital nomads.
Prague, Czech Republic
If you’re looking for affordability along with a historical charm, Prague is a gem for you! This city offers both a low cost of living as well as an enhanced cultural experience with its historic sights. But this historic charm is not all that Prague has to offer. The overall lively atmosphere of Prague constantly tingles the creative side of your brain offering you the perfect work environment that’s both inspiring and practical.
Why Prague?
- Historic Charm: Enjoy the beauty of centuries-old architecture and landmarks.
- Creative Energy: Engage with the artistic and musical environment that fuels creativity.
European Cities for Expats
When moving abroad, finding a city that feels like home is the top priority for expats, and we understand that, which is why we’ve crafted the following list for you. Expats seek destinations where they can enjoy a higher quality of life, ease of integration, and a welcoming community. Here are two top European destinations that stand out as ideal places for expats to settle and thrive:
1. Vienna, Austria
Vienna ranks as one of the best cities for expats. It’s because the city offers an exceptional living experience and welcoming atmosphere. It’s a blend of historical glory and modernity. Vienna’s environment is the right one for expats with both cultural richness and everyday comfort. Moreover, the public services are top-notch in Vienna from healthcare to public transportation. It’s probably will be a smooth and convenient transition for newcomers of Vienna.
Why Vienna?
- Exceptional Lifestyle: Venna has high living standards, from the healthcare system to clean streets and efficient public transport. It’s the reflection of quality of life. According to the 2024 Mercer Quality of Living Survey, Vienna is ranked first for quality of life. It’s such a highlight for the excellence of this city. Vienna make it
- Expats’ Community: The well-established expat community in Vienna has a well-established expat community and numerous international organizations, making it easier for newcomers to find support and connections.
2. Zurich, Switzerland
Zurich also makes it to our list of prime destinations for expats. It blends high living standards and a professional environment. Zurich is also known for its financial skillfulness and beautiful natural surroundings. The European city provides more comfortable living conditions with a focus on efficiency and cleanliness. The city’s multilingual environment makes it an appealing choice for those moving from abroad.
Why Zurich?
- Professional Opportunities: It might be finance, tech, or multinational corporations. In 2023, Zurich’s job market saw a 3% increase in the hiring sector. Even one stat itself reflects its strong economic environment.
- Landscapes: Whether it’s the bustling city life or calming recreational activities, Zurich has got the best of both worlds!
European Cities for Retirees
If’re are among those individuals who choose to relocate to a new place when it comes to retirement, then keep reading. We’ve got you covered too! Here are two European cities that can be top choices for retirees:
1. Malaga, Spain
Malaga is definitely a good choice. The city promises a calm and peaceful lifestyle for retirees. It also offers an affordable cost of living that you can afford with your pension and great healthcare services, making you feel safer.
Why Malaga?
- Pleasant Climate: Malaga has pleasant sunny weather throughout the year.
- Affordability: Malaga also offers a more reasonable cost of living.
2. Algarve, Portugal
Algarve is another choice among retirees! And what is it that makes Algarve a part of our list? Whether it’s healthcare, cost of living, weather, or landscapes, Algarve checks all the boxes!
Why Algarve?
- Mild Weather: Enjoy a warm climate with mild winters.
- Expats Community: A friendly environment with a significant expat community.
European Cities for Real Estate Investors
Next, we list the top European cities for real estate investment. Let’s discover two prime European countries that stand out for international real estate investors.
1. Madrid, Spain
Madrid’s real estate market is rising. It’s attractive as a destination for investors. The tourism sector is undeniably on the rise and the population of this city grows because of that. For instance, In 2023, there was a notable growth in Madrid’s real estate market and an increase in demand and rising property values.
Market Trends and Investment Potential
- High Demand: Madrid’s cultural attractions and economic potential build up high demand for residential and commercial properties. Ghe city’s diversity in demand for real estate ensures progress.
- Strong Rental Market: Madrid is a well-known attraction for international students and tourists. Its rental market relies heavily on the constant rise of the tourism and educational sector. As an investor, you can expect favorable returns on rental properties due to the consistent demand.
2. Warsaw, Poland
Warsaw is another European city that has a thriving real estate market.
Rising Property Values and Economic Growth
- Economic Boom: A diverse range of industries in Warsaw include technology and finance. These industries’ development contributes to the rising property values in Warsaw. The city holds a prime location in Central Europe. Eventually, it further enhances its appeal to international investors.
As you consider your next move, you can be sure that you’ll discover many options in Europe offers for different needs and dreams. For investors, Madrid and Warsaw present exciting opportunities. They have growing property market and economic development. Plus, these European cities offer fertile grounds for invstors in the expanding European real estate market.
If you’re a digital nomad, you’ll find Prague and Barcelona more interesting. They offer a mixture of affordability, cultural richness, coworking spaces, and productive work environments. So, these cities ensure that you stay productive while making the most of your life.
If you’re considering retirement, and planning tostart a new life as an expat in another country, Vienna and Zurigh stand out. Malaga and Algarve, on the other hand, present good options with sunny environment and slower pace of life.
Conclusion
In short, Europe has something special for everyone! You may plan and move to Europe by choosing what fits in your life style choice in one of the best places to live in a European city.
Frequently Asked Questions
What is the best country in Europe to live in?
Europe boasts many incredible places to live. Factors like lifestyle, job opportunities, and personal preferences are key. Consider countries like Spain for its Mediterranean lifestyle, Germany for economic stability, or Portugal for a lower cost of living. Green spaces, a Mediterranean coast or a laid back atmosphere also make visitors decide of where they will move next.
Where to live in Europe if you only speak English?
Ireland and Malta are known for their English proficiency. Additionally, major cities in countries like the UK, Netherlands, and Scandinavia are generally English-friendly.
What is the safest city in Europe to live in?
Copenhagen (Denmark) often tops safety rankings. Other Nordic capitals like Oslo and Helsinki, like many other European capitals, also offer high safety standards. These European destinations are appealing also because of their unique and vibrant arts scene.
What is the safest country to live in Europe?
Nordic countries like Iceland, Denmark, and Finland consistently rank high in global safety indices. These Nordic countries has especially breathtaking landscapes. In terms of economic strength, they impress with their thriving economy and may provide a better quality of life.
What is the most American-friendly country in Europe?
The UK has strong historical and cultural ties to the US, making it a popular choice. Ireland and Germany also welcome American expats.
Where are Americans moving to in Europe?
Popular destinations for American expats include Portugal, Spain, and Italy for their lifestyle and cost of living. The average price of a European city is also an important factor for Americans. The vibrant culture of one of the best European city may take your attention and make you decide to move there. What’s more than a livable city to look for if you’re determined to move abroad?
Where is the best place to live in Europe 2024?
While there's no definitive answer, cities like Lisbon (Portugal), Berlin (Germany), and Barcelona (Spain) consistently rank high for quality of life, affordability, and cultural experiences. They have one more common feature as they can be called as a “historic city”. Lisbon and Barcelona are also known with their great food options.
Where is the happiest place to live in Europe?
Nordic countries like Denmark and Finland consistently rank high in happiness indices due to factors like work-life balance, social support, and trust in government.
What city in Europe has the highest quality of life?
Copenhagen (Denmark) is renowned for its high quality of life, combining work-life balance, education, healthcare, and environmental sustainability.
What is the easiest country to live in Europe?
Portugal is often mentioned for its welcoming atmosphere, visa processes, and relatively lower cost of living. However, factors like language skills and desired lifestyle also influence ease of living.
What else should I expect fro best places to live in Europe?
Cultural capital cities are also attractive options to visit. What’s more, there are many conditions to categorize a city as we can call them as a livable city, cosmopolitan city. Best places to live in Europe also has some common beauties like a stunning architecture or a city in the Mediterranean cost with tourist activities. Travelers or new residents can benefit from the relocation when they own business in a global environment, in a European capital, or they can look for job opportunities. Moreover, cultural diversity helps embracing the new environment easily. If you’re into art, the rich cultural scene, vibrant cultural scene and thriving arts scene as well as the city’s rich history will amaze your taste.
