Norway is Europe’s sixth most expensive country – here’s where it’s cheaper
Travelling to Sweden is still a smart money-saving move, Denmark remains noticeably more expensive than Norway, and Switzerland tops the list when it comes to costly food and goods.
For Norwegians vacationing in Greece, food and drink will still feel reasonably priced.(Photo: Gunnar Lier, NTB)
NTB.Norwegian News Agency
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"The price gap between Norway and the rest of Europe seems to have stabilized at a lower level than before. This has made Norway more attractive to foreign tourists. The flip side is that it’s now more expensive than before for Norwegians to travel abroad," says Espen Kristiansen, section head at Statistics Norway.
Despite high inflation, Turkey remains the most affordable country in Europe, with prices 57 per cent lower than in Norway in 2024.
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It is also affordable to holiday in the Balkans, although prices are approaching the EU average. North Macedonia remains an exception, with prices at just 55 per cent of the EU average. Bulgaria is Europe's third most affordable country.
Popular summer destinations for Norwegians like Greece and Portugal had price levels 13–14 per cent below the EU average last year. Spain was about 10 per cent cheaper than the average, while Germany and France were around 10 per cent above average price levels. Italy is still somewhat below the EU average, but only by a few per cent.
Comparing the Scandinavian countries
Travel time and costs are always a factor when choosing where to go. Trips to neighbouring Denmark or Sweden are naturally appealing to Norwegians.
Price levels in both countries have also remained stable compared to the rest of Europe. Last year, prices in Sweden were 7 per cent lower than in Norway, while in Denmark they were 14 per cent higher.
Food and drink often make up a significant portion of the holiday budget. In many countries, these expenses feel cheaper than at home, since Norway’s food prices are notably high compared to the EU average.
While Norway’s overall price level is 24 per cent above the EU average, food costs are 31 per cent higher. This means that dining out can feel reasonably priced even in countries that are otherwise expensive. Food in Denmark, for example, was about 8 per cent cheaper than in Norway last year. In Sweden, food was 19 per cent cheaper.
