economy
February 22, 2026
List of European cities with the most expensive electricity
The average household in the European Union spends about 4.6 percent of its total budget on electricity, gas, and other fuels.
TL;DR
- Household energy prices across Europe have stabilized but remain elevated above pre-crisis levels.
- Energy costs significantly impact lower-income households, with the average EU household spending 4.6% of its budget on energy.
- There are substantial differences in electricity and natural gas prices among European capitals.
- Nominal electricity prices ranged from 8.8 eurocents/kWh in Kyiv to 38.5 cents in Bern in January 2026, with an EU average of 25.8 cents.
- When adjusted for purchasing power, the cost of electricity changes dramatically, with Bucharest becoming the most expensive and Oslo the least.
- Nominal natural gas prices varied from 1.6 cents/kWh in Kyiv to 35 cents in Stockholm in January 2026.
- Adjusting gas prices for purchasing power still shows Stockholm as the most expensive, indicating nominal prices don't always reflect the true financial burden.
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