Bucharest the capital city located in Southern Romania, with a population of 1.921 million (2014). It is renowned for its architecture and artistic vibe, so its becoming a popular get away destination. The exchange rate is £1 to 5 Romanian Lei, and you can get a budget hotel for around £10 a night, making it a relatively cheap destination for the British.
Channel 4 did an interview with a British graduate that moved to Bucharest after completing University. He states that there are plenty of graduate jobs over there, and it is a good living standard. He says it is much cheaper to live, but this does balance out with the yearly salary being 5x lower than London.
Cost of living: Romania vs UK
Average yearly salary
London: £1,463 (all properties)
Bucharest: £324 a month (3-bed property)
Monthly travel pass
Loaf of bread