Cost of Living in Denmark
Last updated on Jan 04, 2024
Summary: The cost of living in Denmark is generally high, especially in the larger cities. A nice one bedroom apartment in Denmark can cost anywhere from $1,000 to $2,000 per month, while a nice two bedroom apartment can cost from $1,500 to $3,000 per month. The cost of dinner at a moderately priced restaurant in Denmark is usually around $20 to $30 per person.
Is the cost of living in Denmark high?
We asked people how much they someone comfortably live on in Denmark, they wrote:
"The cost of living in Denmark is generally considered to be high, with prices for basic necessities such as food, housing, and transportation being significantly higher than in many other countries. Denmark also has a high rate of taxation, which can add to the overall cost of living. However, the high cost of living is offset by the high quality of life in Denmark, with excellent public services, a strong economy, and a high standard of living," remarked one expat in Denmark.
Connect
SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Click connect to have our partner contact you via e-mail and/or phone.
SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Connect
Click connect to have our partner contact you via e-mail and/or phone.
Will I save money living in Denmark?
"Living in Denmark may be more expensive than living in the United States in some areas, such as housing and transportation. However, Denmark has a higher minimum wage and lower taxes than the United States, which can help offset the cost of living. Additionally, Denmark offers free healthcare and education, which can help reduce overall expenses. Ultimately, the cost of living in Denmark will depend on individual lifestyle choices," said one expat in Denmark.
What is the average cost of housing in Denmark?
If you are thinking about moving to Denmark, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Denmark is generally quite high, with the average price of a home in the country being among the highest in Europe. Renting is also expensive, with the average monthly rent for a one-bedroom apartment in Copenhagen being around €1,000," remarked one expat in Denmark.
"It's really hard to say. I honestly find it hard to compare prices here and back in the states because you have the exchange rate which makes things seem a lot more here then there when at times its not. But I have heard people say 5k-6k for a rented apartment is on average in Copenhagen. Back home in DC depending where you live that could be cheap or expensive. My area in DC is poorer so we might pay 600 for an apartment. At times we have rented for as little as 475 so Copenhagen is expensive but on averaged compared to Washington, DC its probably cheaper," explained one expat living in Copenhagen .
SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Click connect to have our partner contact you via e-mail and/or phone.
SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Click connect to have our partner contact you via e-mail and/or phone.
What are typical rental prices for expats in Denmark?
"The rental price for a nice 1 bedroom apartment in Denmark can vary depending on the location, but generally ranges from around $1,000 to $2,000 per month. For a nice 2 bedroom apartment, the rental price can range from around $1,500 to $3,000 per month," wrote one expat.
What appliances are typically included in a rental?
We asked foreigners in Denmark what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"Rental properties in Denmark typically include a refrigerator, stove, oven, and washing machine. Depending on the property, other appliances such as a dishwasher, microwave, and dryer may also be included. Additionally, some properties may include furniture, such as a sofa, bed, and dining table," mentioned one expat in Denmark.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
Other Questions:
- What do I need to know before moving to Denmark?
- How do I find a place to live in Denmark?
- What is a typical expat home or apartment like in Denmark?
- What is the average cost of housing in Denmark?
- Should I buy or rent a home in Denmark?
- What should I pack when moving to Denmark?
- What cultural faux pas should I try to avoid making in Denmark?
- Why do people move to Denmark?
- How are healthcare services in Denmark?
- What are medical services in Denmark like?
- What are typical rents in Denmark?
- What appliances are typically included in a rental?