Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Cost of living goes up, purchasing power plunges

Photo: BGNES

1,479 Leva (EUR 756) was the monthly salary needed for the subsistence of one working individual at the end of 2021, showdata of the Confederation of Independent Trade Union’s Institute of Social and Trade Union Research.

The sum has gone up by 130 Leva (EUR 66) compared to 2020. Almost two-thirds of workers in the country have an income below the subsistence level. The net monthly income needed for two adults and a child of 14 is 2,066 Leva (EUR 1,056), an increase of 180 Leva (EUR 92) year-over-year. Within the space of one year, food prices have gone up by 9.8%.

“The minimum salary lost its purchasing power in 2021, and it would not re-gain it with the new state budget as it is set down,” says the Institute’s director Lyuboslav Kostov. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Atanas Zapryanov

No immediate threat to Bulgaria following US strikes on Iran, says the Defence Minister

There is no direct military threat to Bulgaria following the US strikes on Iran's nuclear facilities, Defence Minister Atanas Zapryanov said at a press conference. Earlier, Prime Minister Rosen Zhelyazkov had convened the Council of Ministers to assess..

published on 6/23/25 2:19 PM

Technical university introduces new aerospace engineering programme

Aerospace Engineering is one of the new degree programs recently introduced at the Technical University in Sofia.  Taught in English, the programme was launched last year with 16 students enrolled — 11 international and 5 Bulgarian. During the first two..

published on 6/23/25 2:02 PM

SOS Children's Villages Bulgaria mark 35 years

35 years have passed since the establishment of the Association "SOS Children's Villages Bulgaria" .  On this occasion, President Rumen Radev will visit the village of Dren , Radomir Municipality, where he will participate in the celebration of..

published on 6/23/25 11:51 AM