Skip to content
Workers operate machinery inside a Bulgarian industrial plant

Why Bulgaria

The Cost of Doing Business in Bulgaria

Bulgaria has the lowest price level in the EU and the lowest labour costs. Wages are rising quickly and energy prices follow European markets, but most business costs are still well below Western European levels.

Updated October 2026 · Figures checked 13 October 2026

Price level for household consumption, 2025 (EU = 100), the lowest in the EU
631
Price level for household consumption, 2025 (EU = 100), the lowest in the EU
Labour cost per hour, 2025 (EU: €34.9)
€12.02
Labour cost per hour, 2025 (EU: €34.9)
Class A office rent in Sofia, per m² a month
€14–183
Class A office rent in Sofia, per m² a month
Electricity for business per kWh, H1 2026, excl. VAT
€0.1454
Electricity for business per kWh, H1 2026, excl. VAT

The Cost of Doing Business in Bulgaria

The main costs at a glance

The main costs at a glance
Cost Level in 2026
Average gross wage €1,444 a month, Q2 2026
Minimum wage €620.20 a month
Class A office, Sofia €14 to €18 per m² a month
Class A warehouse, Sofia About €6.00 per m² a month
Electricity for business €0.145 per kWh, excl. VAT
Diesel at the pump €1.89 a litre, October 2026
Registering a company €28.12 online
Corporate income tax 10%

Source: BTA: Average wage of €1,444 in Q2 2026 (NSI); Cushman & Wakefield Forton: Sofia office MarketBeat, Q2 2026; BTA: Sofia industrial and logistics space, H1 2026 (Colliers); Eurostat: Electricity prices for non-household consumers (nrg_pc_205); Fuel-Prices.eu: Bulgaria fuel prices (EU Weekly Oil Bulletin); Wise: Cost of starting a business in Bulgaria (Registry Agency fees)5,3,6,4,7,8

How Bulgaria compares

Labour cost per hour worked, 2025, euro
Item Comparison Value
Bulgaria €12.0
Romania €13.6
Hungary €15.2
Poland €19.1
Czechia €19.8
EU average €34.9
Germany €45.0

Source: Eurostat: Labour cost levels by country, 2025 (lc_lci_lev)2

Prices for household goods and services were 37% below the EU average in 2025, the lowest of all 27 member states. Bulgaria was also the cheapest country for restaurants and hotels, transport services, clothing and footwear.1

What is changing

  • Wages rose by 9.8% in the year to mid-2026, and faster in the private sector. The gap with Western Europe is narrowing but remains large.
  • Building costs rose by 9.6% in the year to Q2 2026, pushed by materials and labour.
  • Energy prices for business follow the regional wholesale markets; the regulated gas price rose each month from July to October 2026.
  • The euro, adopted on 1 January 2026, removed exchange costs and currency risk for companies trading with the euro area.

Source: BTA: Average wage of €1,444 in Q2 2026 (NSI); BTA: Construction cost index up 9.6% in Q2 2026 (NSI); Bulgargaz: Regulated natural gas prices; European Central Bank: Bulgaria joins the euro area5,9,10,11

Every cost page below gives the latest figure, the date it was checked and a link to its source.

Frequently Asked Questions

What is the cost of doing business in Bulgaria compared with the EU?

Bulgaria had the EU’s lowest household-consumption price level in 2025, at 63 on an EU = 100 scale. Its labour cost per hour was also the EU’s lowest, at €12.0 compared with the EU average of €34.9. Most business costs remain well below Western European levels.

How much does labour cost in Bulgaria?

Labour cost per hour in Bulgaria was €12.0 in 2025, compared with the EU average of €34.9. The average gross wage was €1,444 a month in Q2 2026.

How much does Class A office space cost in Sofia, Bulgaria?

Class A office rent in Sofia is €14 to €18 per m² a month, with 11.6% of office space vacant. The office market figures are for Q2 2026.

How much is business electricity in Bulgaria?

Business electricity in Bulgaria cost €0.145 per kWh in H1 2026, excluding VAT, compared with the EU average of €0.184 per kWh.

How much does it cost to register a company in Bulgaria?

Registering a company in Bulgaria costs €28.12 online or €56.24 on paper. The start-up cost summary gives €1 of capital alongside the online registration fee.

What is the corporate income tax rate in Bulgaria?

Bulgaria’s corporate income tax rate is 10%, while other major business costs include wages, office rents, utilities and company registration fees.

The costs, one by one

  • Start-up Costs

    Register a company online for €28.12 with €1 of capital; accounting from €80 a month.

    €28.12 Commercial Register fee, online (€56.24 on paper)

    Read more
  • Labour Costs

    €12.0 an hour, the lowest in the EU; average gross pay €1,444 a month.

    €12.0 Labour cost per hour, 2025 (EU: €34.9)

    Read more
  • Office Space

    Class A offices in Sofia at €14 to €18 per m² a month, with 11.6% of space vacant.

    €14–18 Class A rent in Sofia, per m² a month

    Read more
  • Residential Property

    New flats in Sofia at about €2,070 per m²; a two-bedroom flat rents for about €905 a month.

    €2,070 Average asking price per m² for new flats in Sofia, excl. VAT

    Read more
  • Construction

    Rough construction from €300 per m²; building costs 69% of the EU average but rising fast.

    69.2 Construction price level, 2024 (EU = 100)

    Read more
  • Fuel

    Petrol at €1.66 and diesel at €1.89 a litre, well below the EU average.

    €1.663 Petrol (Euro 95) per litre, 5 October 2026

    Read more
  • Electricity

    Business electricity at €0.145 per kWh, against an EU average of €0.184.

    €0.145 Business electricity per kWh, H1 2026, excl. VAT

    Read more
  • Natural Gas

    Business gas at €0.044 per kWh, against an EU average of €0.061.

    €0.044 Gas for business per kWh, H1 2026, excl. VAT

    Read more
  • Heating

    District heating from €45.50 per MWh in Burgas to €73.30 in Sofia.

    €73.30 District heating in Sofia per MWh, from 1 July 2026

    Read more
  • Phone and Internet

    Unlimited mobile from €18.90 a month; fibre reaches 93.5% of homes.

    93.5% Homes covered by fibre to the premises, 2025 (EU: 74.1%)

    Read more
  • Postal and Courier

    Letters from €0.50; next-day courier parcels from €2.69.

    €0.50 Letter up to 50 g, non-priority

    Read more
  • Transport and Logistics

    A full truck from Munich to Sofia from €2,600; warehouses at about €6 per m².

    €2,600–3,370 Full truck, Munich to Sofia, incl. tolls and fuel

    Read more

Sources

  1. Eurostat: Price levels for consumer goods and services in 2025
  2. Eurostat: Labour cost levels by country, 2025 (lc_lci_lev)
  3. Cushman & Wakefield Forton: Sofia office MarketBeat, Q2 2026
  4. Eurostat: Electricity prices for non-household consumers (nrg_pc_205)
  5. BTA: Average wage of €1,444 in Q2 2026 (NSI)
  6. BTA: Sofia industrial and logistics space, H1 2026 (Colliers)
  7. Fuel-Prices.eu: Bulgaria fuel prices (EU Weekly Oil Bulletin)
  8. Wise: Cost of starting a business in Bulgaria (Registry Agency fees)
  9. BTA: Construction cost index up 9.6% in Q2 2026 (NSI)
  10. Bulgargaz: Regulated natural gas prices
  11. European Central Bank: Bulgaria joins the euro area

Figures checked 13 October 2026. Prepared by InvestBulgaria for general information. It is not investment, tax or legal advice; please confirm details with a qualified adviser before acting.

Next step

Talk to People Who Do This Every Day

Lawyers, accountants, recruiters and property advisers who work with international investors, in the InvestBulgaria directory.