Cost of living in Copenhagen
Copenhagen, the capital of Denmark, is known for its rich history, vibrant culture, and high quality of life. Understanding the cost of living in this city is crucial for anyone considering moving here or planning an extended stay.
The cost of living in Copenhagen encompasses various aspects such as dining, groceries, transportation, housing, and utilities. This guide provides a detailed breakdown of these expenses to help you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $21.19 on average, with a range between $14.13 and $42.38.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $113.01, with prices ranging from $84.76 to $169.52.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $14.13, with a range between $12.01 and $16.81.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $5.65 to $10.59, imported beer $6.36 to $10.59, cappuccino $4.43 to $7.77, and Coke/Pepsi $2.12 to $5.65.
Grocery Prices
- Milk - Milk is priced between $1.7 and $2.12 per liter, averaging $1.93.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.7 and $6.36, with an average price of $3.79.
- Eggs (Dozen) - A dozen eggs range from $3.39 to $5.93, averaging $4.71.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.98 to $4.24 per kg, while oranges range from $1.7 to $6.23 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.41 and $3 per kg, and lettuce costs $1.41 to $2.83 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $2.83 and $6, with a monthly pass priced between $72.05 and $169.52.
- Fuel (Gasoline) - Gasoline is priced between $1.94 and $2.4 per liter.
- Taxi Fares - Taxi fares start at $5.51, with a cost of $1.6 to $4.24 per km and $57.21 to $113.01 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $1158.37 to $2401.51, averaging $1727.11.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $988.86 to $1836.45, averaging $1335.35.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $2260.24 to $4237.95, averaging $3013.06.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1695.18 to $2825.3, averaging $2141.28.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $7063.25 to $9888.55, averaging $8016.11.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $4237.95 to $7345.78, averaging $5516.7.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $130.37 and $282.53, averaging $185.06.
- Internet - Internet services range from $28.11 to $45.06, with an average cost of $37.19.
Cost of Living Rankings
Copenhagen ranks 1st on the Cost of Living rankings in Denmark. The cost of living indices for Denmark are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Denmark, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Restaurants
Restaurants
Markets
Markets
Transportation
Transportation
Rent Per Month
Rent Per Month
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Buy Apartment Price
Buy Apartment Price
Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Copenhagen is known for its high cost of living, particularly in terms of housing and dining. Rent prices in the city centre are significantly higher than those outside the centre.
Transportation costs are moderate, with public transport being a viable option for daily commuting. However, owning a car can be expensive due to high gasoline prices.
Grocery prices are relatively high, with basic items like milk, bread, and eggs costing more than in many other cities.
Utilities and internet services are reasonably priced, but it's important to budget for these expenses as they can add up.
Conclusion
In conclusion, living in Copenhagen can be quite expensive, especially when it comes to housing and dining out. However, the city offers a high quality of life with excellent public services and a vibrant cultural scene.
For those considering a move to Copenhagen, it's essential to plan your budget carefully, taking into account the higher costs of living. Exploring options for housing outside the city centre and utilizing public transportation can help manage expenses effectively.