The economy of Slovakia increasingly resembles a developed country. The Slovak economy has been considered a tiger economy. Slovakia has been a EU member state since 2004 and adopted the euro currency at the beginning of 2009.
Bratislava is the capital of the Slovak Republic. The Bratislava Region is the wealthiest and economically most important region in Slovakia, despite being the smallest by area and having the second smallest population of the eight Slovak regions.
Bratislava has an overall cost of living index which equates it with high cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups.
The latest cost of living rank for each of the 13 Basket Groups is now available.