This article will provide detailed information about the Cost of Living in Denmark.
Denmark is renowned for its high standard of living, alluring combination of serene natural settings and energetic cities, and excellent work-life balance. In fact, Denmark has consistently ranked among the top 10 countries in the World Happiness Report, which is published yearly since 2013. It’s no surprise that many experts find Denmark to be an exciting place to live, work, or study.
You’ll want to know a little bit about the cost of living in Denmark whether you’re retiring, moving there for a while, or moving there permanently so you can plan and budget.
So, keep on reading this article to know more about the Cost of Living in Denmark and much more!
Cost of Living in Denmark - Overview
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Family of four estimated monthly costs are 311,054.7₹ (26,347.6kr) without rent.
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A single person estimated monthly costs are 86,583.8₹ (7,334.0kr) without rent.
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The cost of living in Denmark is, on average, 248.5% higher than in India.
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Rent in Denmark is, on average, 452.9% higher than in India.
Why is Denmark Expensive?
Denmark has a high standard of living—its per capita GDP is among the highest in the world—and well-developed social services.
Cost of Living in Denmark - For Students
Accommodation
The majority of students in Denmark live in off-campus residence halls. These typically cost between €240 - €460 per month.(20k-40k)
If you prefer to live in private accommodation, a one-bedroom apartment in a Danish city center will cost around US$1,020 (84k-85k) per month. This will be slightly higher if you are studying in Denmark’s capital, Copenhagen, where a one-bedroom apartment in the city center costs an average of US$1,465 per month.(1lakhs-2lakhs)
Tuition Fees
Higher education is free for domestic students as well as students from the EU, EEA, and Switzerland.
Tuition fees will be charged at Danish universities if you are an international student from outside the EU/EEA or Switzerland.
Here are the tuition fees at some of Denmark’s top universities:
Aalborg University - $15,000 (12-13 lakhs) per year for undergraduates and ranging from 48,450 DKK per year to 100,800 DKK for postgraduate courses. (5-10 lakhs)
Aarhus University - €8,000 to 15,300 ( 6-13 lakhs INR) for non-EU/EEA undergraduates and for master’s programs.
Technical University of Denmark €15,000 (13-14 lakhs) per year for both undergraduates and postgraduates.
University of Copenhagen: €10,000-17,000 (10-14 lakhs) for non-EU/EEA undergraduates and DKK 75,000 per year for master’s programs.
University of Southern Denmark €6,200-13,900 (5- 12 lakhs)for undergraduates. Master’s students will pay €8,500 (6-7 lakhs)for two years.
Other average living costs in Denmark - For Students
Books and course materials for courses in Denmark will cost €30-65 per month (2k-3k)
Your mobile phone bill in Denmark will cost around 150 DKK per month (1700-2000 INR)
A gym membership in Denmark will cost you an average of US$36 per month.(2k-3k)
A monthly transport pass will cost US$59 (4k-5k)per month on average, however, many students in Denmark use their bikes to travel to university.
A meal out at a mid-range restaurant will cost US$44 (3k-4k) per person.
Cost of Transportation in Denmark
$3.70 for one ride on public transport (300-400 INR)
$65.50 for one monthly public transport ticket (5k-6k)
$2.30 per km on a taxi or other similar means of transport (190-200 INR)
$1.60 for one liter of gasoline (130-140 INR)
Important Note: If you typically use taxis more often than not, transportation in Denmark can be expensive. However, if you take public transportation, it can end up being more affordable.
Cycling is another popular and cost-effective mode of transportation.
Cost of Food and Restaurants in Denmark
$18.00 for one pizza ordered through takeaway (1400-1500)
$3.80 for a cheeseburger(300-400 INR)
$12.00 for a fast-food meal such as a BurgerKing or McDonald’s Combo (900-1000 INR)
$20 for one meal at a cheap restaurant (1600-1700 INR)
$82 for one meal at a higher-end restaurant (6k-7k)
$1.80 for a loaf of bread (140-150 INR)
$1.20 for a 1l-bottle of milk (99-100 INR)
$3.70 for a kg of vegetables (300-400 INR)
$9.80 for a kg of chicken (800-900 INR)
$5.50 for one coffee (Café Latte or Cappuccino) (400-500 INR)
Important Note: The expenses of food and eating out can vary significantly, depending on the products you select, your diet, your choice for less expensive or more expensive restaurants, how much you eat, where you shop (local markets or supermarkets), etc.
But, on average, for a decent diet, you can expect to spend around $400 (33k-35k)monthly on food.
Conclusion
According to some basic calculations, the average monthly cost of living for a single individual in Denmark is about $2.500 (2-3 lakhs) for a respectable standard of living.
So, In this article, we have tried to cover everything related to the Cost of Living in Denmark and much more! We hope you like this article! If you have any queries feel free to reach out to Alpha Edu Abroad for advice!
Frequently Asked Questions
How expensive is it to live in Denmark?
The cost of living in Denmark can be quite high. As of 2024, a family of four can expect estimated monthly costs of around 28,842.4 Danish krone (DKK) without rent. For a single person, the estimated monthly costs are approximately 8,064.4 DKK without rent. Keep in mind that Denmark is the third most expensive country in Western Europe.
Additionally, the overall cost of living in Denmark is about 3.4% higher than in the United States.
In terms of Indian Rupees (INR), the estimated monthly costs for a family of four would be approximately 2,56,000 INR without rent, and for a single person, it would be around 71,000 INR without rent.
What are the typical expenses in Denmark?
Here’s a breakdown of some common expenses in Denmark:
Food: A basic lunchtime menu would be around 14,500 INR, and a fast-food combo meal would cost about 7,800 INR.
Housing: Rent for an 85m2 apartment would be approximately 1,41,000 INR in an expensive area and 1,25,000 INR in a normal area.
Transportation: Owning a Volkswagen Golf would be around 27,00,000 INR, and a monthly public transport ticket would cost about 5,500 INR.
Is it worth living in Denmark despite the high costs?
While living expenses in Denmark can be steep, there are several factors to consider:
High Salaries: Salaries in Denmark are correspondingly high, which helps offset the cost of living.
Quality of Life: Denmark offers excellent healthcare, education, and social services, which are often funded through taxes.
Work-Life Balance: The country emphasizes work-life balance and overall well-being.
Ultimately, whether it’s worth living in Denmark depends on your personal priorities and lifestyle preferences.
In terms of INR, the high salaries and quality of life would be significant factors to weigh against the costs.
Curious about the cost of living in Denmark? This comprehensive guide breaks down the prices of everything from housing and food to transportation. Check it out and see if Denmark fits your budget!
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