Poland has become one of the most attractive destinations for foreign entrepreneurs seeking to establish and grow their businesses in Europe. With its strategic location at the heart of Europe, a growing economy, and a highly skilled workforce, Poland offers an unparalleled mix of opportunity and affordability. Entrepreneurs from around the world are setting up their businesses in Poland not only for its business-friendly environment but also for its reasonable cost of living. Compared to many Western European countries, Poland provides high-quality services and infrastructure at a fraction of the cost, making it an ideal place to live and work.
For entrepreneurs considering Poland as a base for their operations, understanding the cost of living is crucial. This article will give a complete breakdown of the key expenses, including residential costs, office spaces, healthcare, transportation, and more. By the end of this guide, you will have a clear picture of what it takes to live and thrive in Poland, making informed decisions for your personal and professional future.
Currency of Poland
Poland uses the Polish Zloty (PLN) as its official currency. The exchange rate is relatively stable, with 1 Euro equaling approximately 4.26 PLN and 1 USD equaling around 4.12 PLN (as of January 2025).
For entrepreneurs, this exchange rate provides an advantage when converting foreign currencies, particularly if you’re operating in a Euro or USD-based economy.
Key Facts about the Polish Zloty:
- Denominations: Coins range from 1 grosz to 5 zloty, while banknotes are available in denominations of 10, 20, 50, 100, and 200 zloty.
- Conversion: Exchange rates are competitive, making it affordable to invest and operate businesses in Poland compared to Western Europe.
Residential Costs in Poland
Poland has reasonably priced housing, especially when compared to other European nations. Whether you choose to rent or buy, there are choices for every budget and lifestyle.
Renting Costs:
The cost of renting an apartment varies by city and location. Here is an average breakdown:
| City | 1-Bedroom Apartment (City Center) | 1-Bedroom Apartment (Outside Center) |
| Warsaw | 3,500 PLN | 2,500 PLN |
| Krakow | 2,800 PLN | 2,000 PLN |
| Gdansk | 3,000 PLN | 2,100 PLN |
| Wroclaw | 2,700 PLN | 1,900 PLN |
Buying Property:
Property prices per square meter in city centres range from 8,000 PLN to 12,000 PLN, depending on the location and amenities. For properties outside city centres, prices drop to 5,000 PLN to 8,000 PLN per square meter.
Office Cost in Poland
Setting up an office in Poland is cost-effective, whether you’re renting coworking spaces or leasing private offices.
Coworking Spaces:
Coworking spaces are an excellent option for startups and entrepreneurs looking for flexible arrangements. Prices range from 800 PLN to 1,500 PLN per month per desk.
Read More: Best Coworking Spaces in Poland
Private Office Rentals:
Leasing a private office depends on the city and the type of building:
| City | Office Space (per sq. meter) |
| Warsaw | 70 PLN to 120 PLN |
| Krakow | 60 PLN to 100 PLN |
| Gdansk | 55 PLN to 95 PLN |
| Wroclaw | 60 PLN to 90 PLN |
Usually, these expenses include maintenance, utilities, and access to communal spaces.
Dental & Healthcare Costs in Poland
Poland boasts a strong healthcare system that includes both public and private options. Entrepreneurs and expatriates often prefer private healthcare for its shorter waiting times and higher service quality.
Healthcare Insurance:
- Public Health Insurance (NFZ): Contributions are mandatory and deducted as part of social security. Coverage is extensive but can involve long waits.
- Private Health Insurance: Costs range from 150 PLN to 400 PLN per month, offering quicker access and tailored services.
Average Healthcare Costs:
| Service | Public Cost | Private Cost |
| General Consultation | Free (with NFZ) | 200 PLN |
| Dental Check-Up | 50 PLN | 150 PLN |
| Root Canal Treatment | 300 PLN | 800 PLN |
| Specialist Consultation | 100 PLN | 300 PLN |
Transportation and Travel Expenses in Poland
Poland offers an efficient and affordable transportation system, making commuting and business travel convenient.
Public Transportation:
- Monthly Pass: Prices range from 100 PLN to 150 PLN, depending on the city.
- Single Ticket: 4 PLN to 6 PLN for a standard fare.
Taxi Services:
- Base fare: 8 PLN
- Per kilometer: 2 PLN to 3 PLN
Owning a Car:
| Expense | Cost |
| Fuel (per litre) | 6 PLN |
| Insurance (annual) | 1,000 PLN |
| Maintenance | 500 PLN/year |
General Expenses for Entrepreneurs and Individuals in Poland
In addition to housing, office, and healthcare costs, entrepreneurs should budget for general living expenses.
Food and Dining:
- Groceries for a family of two: 1,000 PLN to 1,500 PLN per month.
- Dining at mid-range restaurants: 80 PLN to 150 PLN for a meal for two.
Utilities:
- Electricity, heating, cooling, water, and garbage disposal: 600 PLN to 900 PLN per month for a standard apartment.
- Internet services: 60 PLN to 100 PLN per month.
Entertainment:
- Cinema ticket: 30 PLN
- Gym membership: 120 PLN to 200 PLN per month.
Why Poland is a Strategic Choice for Entrepreneurs?
Poland’s cost-effective living and business environment make it a prime location for foreign entrepreneurs. From affordable office spaces to quality healthcare and efficient transportation, Poland ensures that business owners can focus on growth while enjoying a high standard of living.
For entrepreneurs, Poland offers numerous advantages:
- Economic Stability: Poland is one of the fastest-growing economies in the EU.
- Business Incentives: Tax breaks, grants, and funding opportunities are available for new businesses.
- Access to Talent: A highly educated workforce with strong expertise in technology, finance, and manufacturing.
By registering your business in Poland, you gain access to a vibrant market and a gateway to the European Union. Poland is not just a place to live but a strategic location to thrive as an entrepreneur.
Looking to expand your business in Europe and considering Poland? Discover the advantages of registering a business in Poland in our detailed guide.
FAQ’s
Indeed, Poland is among the most reasonably priced nations in Europe for business owners. While providing top-notch infrastructure and services, the cost of living is less than in Western European nations.
Office rental costs vary by city, ranging from 55 PLN to 120 PLN per square meter. Coworking spaces cost between 800 PLN and 1,500 PLN per month per desk.
Expatriates can choose between public healthcare through the NFZ or private healthcare, which offers shorter wait times and tailored services. Private health insurance costs between 150 PLN and 400 PLN per month.
Poland offers economic stability, access to a skilled workforce, and numerous business incentives. Its strategic location also provides easy access to the EU market.
Public transportation in Poland is highly efficient and affordable. Monthly passes cost between 100 PLN and 150 PLN, making it convenient for commuting.
