Denmark is on the list of the happiest countries in the world, and its friendly population, developed transport infrastructure and high level of healthcare attract more and more expats here. However, most people know that living in Denmark is expensive. How much? Find out what housing, food, entertainment and more prices are in Denmark in 2024
Denmark – A European country well known for its high standard of living, vibrant nature, bustling cities and perfect work balance and personal life. Representatives of Uzbekistan are coming to the country most of all in 2024,Nepal and the Philippines. However, the cost of living in Denmark is also quite high. In particular, two cities in the country – Copenhagen and Aarhus are among the top 15 most expensive cities in the world. Life outside of them is certainly not so expensive, but it is not cheap at all.
High salaries and a strong social sphere compensate for such a high cost of living in the country, but before planning to move here, an expat needs to understand the amount of his monthly expenses.
We talk about the cost of living in Denmark in this article.
Currency in Denmark
The official currency Denmark is the Danish krone, which is designated as DKK. As of September 2024, the official exchange rate is:
1000 US dollars = 6705 Danish crowns
1,000 pounds = 8945 Danish crowns
1000 euros = 7458 Danish crowns
For a more convenient comparison, in this article, the prices for living in Denmark are indicated in euros.
Average monthly expenses in Denmark
The budget of a married couple who will settle in Copenhagen should be from € 2,800 per month. In Aarhus or Odense, you should expect an amount of € 2,300-2,500 per month.
A family of four will need 3927€, excluding the cost of renting a house.
Rental prices in Denmark
As in most European countries, renting a home will become a significant item of your expenses. However, before you start looking for an apartment, pay attention to the following feature: Denmark is a small country, it is much cheaper to live outside large cities, and if you add here that the road to Copenhagen does not take much time, finding housing in rural areas may be the best. a choice for expats
– The cost of real estate in Copenhagen
Housing in Copenhagen is expensive and scarce, given the size of the city and its popularity. A studio apartment on the outskirts of the capital will cost from 1300 euros per month, in the central part about 2000 euros.
– The cost of housing outside the Danish capital
In Aalborg or Odense, you can find accommodation for 1000 € per month.
– What is important to consider when renting a house in Copenhagen?
When renting a home, it should be expected that an initial deposit must be paid when signing the contract. Its amount is the equivalent of three months’ rent. Also, some landlords may ask to pay an additional rent, three months in advance.
– Prices for utilities in Denmark
Utilities are usually not included in the rental price. The payment for water, heating and electricity is approximately 120-150 € per month. Internet – 20€ per month.
Food expenses in Denmark
Meat, wine and cigarettes are the most expensive in the country. Potatoes and onions are about 1€ per kilogram. Fruits – within 2€ per kilogram. A bottle of water – 2€, milk (1 liter) – 4.5€, bread – 2€.
Depending on your expenses, a married couple will need from 400 to 500 euros per month to buy groceries.
– How to save money on groceries inDenmark?
Products in Denmark are usually expensive. However, due to careful budget planning, expenses can be minimized. To save money on groceries, follow these tips:
1. Try to buy local seasonal goods and avoid imports.
2. Visit budget supermarkets such as Bilka, Lidl, Netto, Fakta or Aldi.
3. Shop in the markets. There are food markets in Denmark where you can buy natural farm products. There are also shoe and clothing markets, flea markets, various fairs and exhibitions.
Prices for entertainment in Denmark
Lunch in an inexpensive restaurant will cost you 20€, and dinner for two in a middle–class restaurant will cost 80€. An hour of training on the tennis court on a day off costs from € 25. Monthly subscription to the fitness club is 35€. Cinema ticket – 15€.
Transportation costs in Denmark
The Danish government calls Denmark a country of cyclists. In fact, there are 4.5 million bicycles in Denmark, that is, almost one per person living there. Therefore, you can easily move around the city using this type of transport.
Denmark has an excellent and cheap public transport system. Buses, trains and public transport make it easier to move around the city and between them.
A ticket for a one–time trip on public transport costs € 3, and a monthly pass costs € 55.
If you prefer to drive, most of the road network is free to use, although there are some fees, and traffic jams in cities can be intense during peak hours. In Denmark, expensive gasoline, 1 liter of fuel costs 2 €.
Taxi call – 6€ and 3.5€ for each kilometer. It is very expensive for the driver to wait for a passenger – about 60 €.
Prices for medical services in Denmark
Denmark has a comprehensive health care system that includes both public and private services. If you work in Denmark, you will be eligible for state health insurance, which means free medical care from specialized doctors and hospital treatment.
However, you will need to pay for dental care and offset between 25% and 50% of the cost of prescription drugs.
Without medical insurance, the cost of medical services is very expensive, a one-time consultation with a doctor starts from 250 €.
For safe relocation and employment in a new country, you will need health insurance. An extended policy can be issued on our website at the link.
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