Cost of living in Malmo
Malmo, a vibrant city in Sweden, offers a unique blend of cultural heritage and modern living. Understanding the cost of living here is crucial for anyone considering relocation or planning a visit.
This guide provides a detailed breakdown of expenses in Malmo, including housing, transportation, groceries, and more, to help you budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $11.5 on average, with a range between $9.02 and $15.34.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $72.17, with prices ranging from $45.11 to $162.38.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10.83, with a range between $9.02 and $10.83.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3.7 to $9.02, imported beer $6.77 to $8.12, cappuccino $2.71 to $4.96, and Coke/Pepsi $1.35 to $2.71.
Grocery Prices
- Milk - Milk is priced between $1.08 and $2.26 per liter, averaging $1.49.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.8 and $3.61, with an average price of $2.63.
- Eggs (Dozen) - A dozen eggs range from $2.71 to $4.55, averaging $3.83.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.8 to $3.61 per kg, while oranges range from $1.8 to $4.51 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.08 and $1.8 per kg, and lettuce costs $1.62 to $2.52 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $2.8 and $3.61, with a monthly pass priced between $55.93 and $85.61.
- Fuel (Gasoline) - Gasoline is priced between $1.68 and $2.17 per liter.
- Taxi Fares - Taxi fares start at $5.64, with a cost of $1.8 to $4.51 per km and $36.09 to $90.21 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $631.49 to $1037.44, averaging $816.76.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $541.28 to $902.13, averaging $714.84.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $1172.76 to $1984.68, averaging $1441.89.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $902.13 to $1623.83, averaging $1137.68.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $3428.08 to $4510.63, averaging $4113.69.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $2165.1 to $3608.5, averaging $2683.82.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $76.68 and $180.43, averaging $120.1.
- Internet - Internet services range from $22.55 to $45.02, with an average cost of $31.04.
Cost of Living Rankings
Malmo ranks 2nd on the Cost of Living rankings in Sweden. The cost of living indices for Sweden 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 Sweden, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Restaurants
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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"
Malmo offers a relatively affordable cost of living compared to other major cities in Sweden, with moderate housing and transportation costs.
Dining out can be expensive, especially in mid-range restaurants, but there are affordable options available.
Grocery prices are reasonable, with a variety of options for fresh produce and essentials.
Public transportation is efficient and reasonably priced, making it a viable option for daily commuting.
Conclusion
In conclusion, Malmo presents a balanced cost of living with affordable housing and transportation options, making it an attractive city for both residents and newcomers.
While dining and leisure activities can add up, careful budgeting can help manage expenses effectively. Overall, Malmo offers a high quality of life with its blend of affordability and cultural richness.