How Much Does It Cost to Live In Copenhagen?
Copenhagen is considered one of the most expensive cities on Earth.
It becomes more and more closed to the immigrants from all over the world including the EU.
Still, if you get a job there or become a student of any higher establishment, you will be able to stay there for a while and benefit from the social programmes it offers.
Copenhagen has plenty of restaurants and bars for merely any wallet.
Let’s check some average prices below to ever have a picture of life in Copenhagen.
Denmark : Cost of Living by City
RESTAURANTS
The restaurants in Copenhagen are not limited to breweries.
There are nightclubs with cocktail bars, pubs, and smoky rooms.
A cheap fast food (think of McDonald’s and similar) costs $11.23 and some three-course meal in a mid-range places costs $76.39.
MARKETS
In Copenhagen, you can save a lot of money on drinking water.
Like in most Scandinavian countries, the tap water is absolutely drinkable so you don’t need to buy some extra bottles unless you want to get an empty container to refill it.
Go to grocery stores and markets and you will keep yourself a good deal of a monthly income.
TRANSPORTATION
Copenhagen is good for offering tickets and monthly passes to its citizens and tourists.
You can either take a taxi, or rent a bicycle, or buy one of Europe’s most expensive new cars here.
Children usually travel for free so you don’t have to worry about them.
Taxi prices are as follows: $6.11 for a start, $3.82 per mile, and $64.17 for an hour of waiting.
UTILITIES (MONTHLY)
The Internet connection in Copenhagen is rather low compared to other European countries.
The same applies to the price of a mobile tariff without any plans or discounts.
Some basic benefits of the civilization will cost an average Copenhagen native as much as $208.29 which is not much at all in terms of the level of wages.
SPORTS & LEISURE
Cinemagoers will find it interesting to know that the price per seat if you want to watch some international film, is $15.28 which is even less than in 2018.
People do not spend much on leisure and sports here although the city is too beautiful and there are loads of great tennis and golf spots here.
You can see some basic prices below.
CLOTHING & SHOES
Well, Copenhagen is about cycling, so comfort is above all here.
Men and women here are normally wearing some casual clothes like pants, shorts, leggings etc. and shoes from the chain stores.
A pair of Levis 501 jeans or similar costs as much as a pair of Nike running shoes.
Dresses are not quite popular unless they are long or worn over trousers.
RENT PER MONTH
The landlord in Copenhagen charges $1,913.91 on the average for a three-bedroom apartment outside the city center.
As you can imagine, the same square meters in the urban area will be given for rent for much more or around $2,641.23.
You will also have to pay a deposit and the price of the last month.
Cost of Living Averages Table for Copenhagen
*Note: All prices are indicated in USD.| Average Restaurant Prices | |
|---|---|
| Meal (Inexpensive Restaurant) | $18.33 |
| Domestic Beer (0.5 Liter) | $7.18 |
| Water (0.33 Liter) | $2.45 | Average Market Prices |
| Milk (1 Liter) | $4.76 |
| Loaf Bread (500g) | $2.43 |
| Eggs (12) | $3.55 | Average Transport Prices |
| One Way Ticket | $3.67 |
| Monthly Pass | $61.11 |
| Gasoline | $6.26 | Average Utilities Prices |
| Basic (Water, Electricity, Garbage, Heating, Cooling) | $208.29 |
| 1 min. of Prepaid Mobile Tariff Local | $0.13 |
| Internet (Unlimited Data, Cable/ADSL) | $37.22 | Average Leisure Prices |
| Fitness Club, Monthly Fee for 1 Adult | $36.71 |
| Tennis Court Rent (1 Hour) | $31.10 |
| Cinema, 1 Seat, International Release | $15.28 | Average Clothing Prices |
| 1 Pair of Jeans (Levis 501 Or Comparable) | $112.42 |
| 1 Summer Dress in a Chain Store (Zara, etc...) | $44.00 |
| 1 Pair of Adidas Walking Shoes (Mid-Range) | $116.87 | Average Rent Prices |
| Apartment (1 bedroom) in City Center | $1504.36 |
| Apartment (1 bedroom) Outside of Center | $1073.32 |
| Apartment (3 bedrooms) in City Center | $2641.23 |
How Does the Average Person Spend Their Money in Copenhagen?
This year an average person in Copenhagen started saving money on restaurants and cooking more often at home.
They would also prefer going to the gym to buying new clothes and shoes.
Monthly rent is the most expensive item of expenditures for the locals and foreigners.
Utilities are along the same line with sports and leisure expenses (5.5% and 5.2% respectively).
There’s nothing to be compared with the transportation system of Copenhagen.
People do their best to save the environment so the bicycle is the most popular means of transport.
Only 11.6% of income is paid for taxis, cars, buses, and planes.
Average Costs Breakdown
Copenhagen: Average Salary, Minimum Wage & Mortgages
A mortgage interest rate in percentages has slightly decreased compared to the previous year and made 2.03% against 2.06% in 2018.
This is reasonable pricing considering that the mortgage is taken for 20 years and is fixed in rates.
At the average salary of almost $3300 after tax, people in Copenhagen can afford themselves a lot of benefits.
Although, it must be said that childcare in this city is not so cheap.
A full-day private preschool for one kid costs $475.47 per month and the international primary school is $7,806.00 for one child yearly.
There’s nothing to be said about minimum wages in Copenhagen.
It’s about $16 per hour here.
Copenhagen Safety Overview
READ THE FULL REPORT: Copenhagen Safety Review
Safety Index:
- OVERALL RISK: LOW
- TRANSPORT & TAXIS RISK: LOW
- PICKPOCKETS RISK: LOW
- NATURAL DISASTERS RISK: LOW
- MUGGING RISK: LOW
- TERRORISM RISK: LOW
- SCAMS RISK: LOW
- WOMEN TRAVELERS RISK: LOW
Cost of Living by City in Copenhagen
| City | Cost of Living Index |
|---|---|
| Aalborg | 82.21 |
| Arhus | 81.94 |
| Odense | 84.09 |
