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Romania is a country in Southeastern Europe. It is bordered to the northeast by Moldova and Ukraine, to the west by Hungary and Serbia, and to the south by Bulgaria. To the east there is an outlet on the Black Sea. Member of the European Union since 1 January 2007
Romania is a country that attracts tourists with different interests due to the variety of tourism opportunities it offers throughout the year medieval fortresses from the time of the Dacians and Saxons, ski and seaside resorts, modern amenities and noisy entertainment.
The capital Bucharest has been compared to Paris. The city is an ideal place to start your tour of Romania. Although it has endured difficult years of communist regime, the capital exudes style, European class and greatness. Famous for its wide boulevards, modern Belle Époque buildings and beautiful parks, the city has established itself as the political, cultural and financial center of the country.
Outside the capital is Transylvanian Saxony, which has a rich history and culture. The medieval town of Sighisoara was the birthplace of Vlad the Impaler, known to most people as Count Dracula, a bloodthirsty ruler who did not hesitate to stake anyone who dared to challenge his authority.
If you are planning a sea holiday, Romanian resorts provide quality services at affordable prices. The town of Mamaia is defined as the pearl of the Romanian Riviera with its 100 meters wide beach and 8 km of beach, where there is a place for camping, water skiing, surfing and other entertainment.
In this Blog, we will focus on minimum and middle incomes, the variety of professions and the way salaries are distributed across different regions of the country. We will also look at income and cost of living taxes in Romania.
Minimum wage
The minimum wage in Romania is the lowest monthly or hourly wage that employers are obliged to pay their workers. The amount is set by the Romanian government and the minimum wage is 3,000 lei gross or €604.
Average salary
The average salary in Romania is RON 12 216 per month ( EUR 2 453), with the most typical salary being RON 6 831 (EUR 1 371).
Again, there is a pay gap between men and women in favor of men.
Romania offers a variety of occupations with significant wage differentials. The information technology, medicine and finance sectors are usually associated with higher incomes. Workers in agriculture or those employed in smaller towns receive mostly lower wages.
Distribution of wages by occupation
The amount of salary varies depending on the profession and here are some specific examples of salaries in different professions in Romania:
ИТ – 18 617 RON(3 738 €)
Teacher – 6 383 RON(1 281€)
Accountant – 8 338 RON(1 674 €)
Human Resources Specialist – 15 678 RON(3 148 €)
Attorney-at-law – 9 191 RON(1 845 €)
Restaurateurs – 3 939 RON(790 €)
Sales consultant – 8 073 RON(1 621 €)
Hotels and tourism – 13 904 RON(2 791 €)
Шофьор – 10 406 RON(2 089 €)
Builder – 11 790 RON(2 367 €)
Employees in production – 3 008 RON(604 €)
Income taxes
The income tax rate in Romania in 2024 is 10%.
Individuals who receive income from sources abroad must declare it in Romania and pay tax on it if such income has not been taxed in the country of source.
Revenues over 300,000 lei (about 60,000 euros) per year are taxed at 16%.
There are also a number of special income tax rates which apply to certain categories of income. For example, dividends are taxed at 5% and capital gains are taxed at 16%.
The income tax rates for legal entities in Romania are as follows:
16% for all legal entities
1% for newly created (under 1 year) and micro-companies
0.5% for operators in the oil and gas sectors, with businesses over EUR 50 million
Cost of living
Housing costs:
One-bedroom apartment outside the city center RON 1300 (260 EUR)
Expenditure on food, groceries and restaurants
Cheap restaurant: RON 37 (7.5 EUR)
Cafe: RON 7.1 (1.4 EUR)
Coca-Cola bottle: RON 7 (1.4 EUR)
1L milk: RON 6.8 (EUR 1.3)
Bread: RON 4.6 (0.9 Eur)
12 eggs: RON 13 (2,6 EUR)
1 kg chicken breast: RON 26 (EUR 5,2)
1 kg of beef: RON 43 (EUR 8,6)
1 kg apples: RON 4.8 (1 EUR)
1 kg white rice: RON 7.1 (1,4 EUR)
The cost of public transport is extremely low.
Single for adults – RON 3.2 (0.65)
Monthly card – RON 84 (17 EUR)
Internet price: RON 42 (8.5 EUR)
Expenses for clothing, personal belongings, gym and leisure
Here I will indicate some prices of clothes, as well as other useful prices.
Pair of jeans: RON 300 (60 EUR)
Summer dress: RON 180 (EUR 36)
Running shoes (sneakers): RON 340 (68 EUR)
Business shoes: RON 400 (80 EUR)