Price levels for consumer goods and services differ widely in the European Union. According to the EU’s statistics agency Eurostat, the lowest prices can be found in Bulgaria and the highest in Denmark.
According to Eurostat, prices in Denmark were 139% above the EU average in 2016. This was followed by Ireland (125%), Luxembourg and Sweden (both 124%), Finland and the United Kingdom (both 121%).
At the opposite end, the EU member states with the lowest price levels were found in Bulgaria (48%), while Poland (53%) and Romania (52%) were just above 50% the average, Eurostat said, adding that “In other words, price levels for consumer goods and services in the EU varied by almost one to three between the cheapest and the most expensive member state.”