Cost of Living in Copenhagen (2024)

FAQs

Is it expensive to live in Copenhagen? ›

What is the average living cost in Copenhagen? The average living expenses in Copenhagen amount to $2,399, placing it within the top 7% of the world's most costly cities. It ranks 652nd among 9,294 cities globally and holds the 1st position among the 27 cities in Denmark on our list.

While the average salary in Copenhagen is 52,000 Kr per month, a good salary in the city is considered to be around 40,000 Kr before tax. This works out to around 26,000 Kr after tax, and is considered by locals to be the minium one would need to live alone and have additional spending money.

Summary of cost of living in Denmark: A family of four estimated monthly costs are 4,333.4$ (29,292.9kr) without rent. A single person estimated monthly costs are 1,208.3$ (8,168.1kr) without rent. Cost of living in Denmark is, on average, 8.9% higher than in United States.

A room for a single person in a shared flat costs between DKK 4,000 to DKK 6,000. Small studios or apartments (1-2 rooms + kitchen and bathroom) are highly in demand. They can be rented to a single person or a couple without children and cost between DKK 8,000 to DKK 10,000.

Properties in Copenhagen had an overall average price of £179,241 over the last year. Overall, sold prices in Copenhagen over the last year were 5% down on the previous year and 13% up on the 2021 peak of £158,770.

Cost of living in Copenhagen (Denmark) is 28% cheaper than in New York City (United States)

Yes, Denmark has free public healthcare for its citizens and residents. The healthcare system is regulated by the central government, although most services are provided by the five regions' local governments.

Yes, definitely. One “problem” with this salary is that you'll enter the highest tax bracket. Denmark has a progressive tax system which means you pay more tax, the more you earn (marginalskat). In 2021 the highest bracket is taxed at 56.5% [Marginalskatteprocenter 1993-2021].

The Denmark housing market is very competitive. The median sale price of a home in Denmark was $364K last. The median sale price per square foot in Denmark is $136, down 23.6% since last year.…

Can a US citizen move to Denmark? ›

U.S. citizens who plan to visit Denmark for purposes other than tourism, or who wish to remain in Denmark for more than three months, must obtain a work and/or residence permit prior to their arrival in Denmark. Applications for these permits must be submitted through a Danish Embassy or Consulate.

In a nutshell: 37-hour work weeks and a generous salary.

The average salary is 47,000 DKK a month (5,700 GBP) gross (or even more in the capital – Copenhagen), although as much as half of that can go towards taxes.

Copenhagen's Valby district is characterized by creativity and heritage. Originally an independent village, it grew into a bit of an industrial location. Today, the area has been turned into creative working spaces, clubs, and bars. Living in Valby offers quite a pleasant life for both expats and locals.

Twice as expensive to buy property in Copenhagen as elsewhere in Denmark show new figures. It is almost twice as expensive to buy a home in Copenhagen compared to Denmark's second largest city, Aarhus. At the start of 2024, a square meter in Copenhagen cost just over DKK 47,300 compared to Aarhus' DKK 25,200.

High levels of safety: one of the biggest perks of relocating to Copenhagen for families—Denmark's capital is one of the safest major cities in the world. You get little chance of terrorism, little chance of serious crime, no chance of any natural disasters, and very safe drivers and infrastructure.

Depends on line of work and such. Software people come here without a network and get a job easily. Most expat colleagues I have applied from their own country and moved here when they got the job. And yet there are tens of thousands of English speakers working in Copenhagen who have done just that.

The answer is No, and Yes. You can work, live and study in Denmark without learning Danish.