Cost Of Living For a Family in Copenhagen 2025

Family cost of living chart - average monthly expenditure in Copenhagen

Average monthly spending for families in Copenhagen

We consider a family to be a member of four members, two adults and two children. This is the most common type of family. From the figures below, it should be fairly easy to calculate the average spending for families of different sizes.

Average Monthly Expenditure

Currency: DKK
21,000 60,000 390,000
MINIMUM AVERAGE MAXIMUM
$3,100 $8,800 $57,000

How much money does a family need in a month to survive in Copenhagen?

Families in Copenhagen spend around 60,000 DKK per month on average. Depending on the lifestyle, a family can survive with a monthly budget as low as 21,000 DKK or as high as 390,000 DKK. Location and income are very important factors and have a huge influence on expenditure and budget.


Prices and cost of goods and services in Copenhagen


Chart showing the prices and cost of grocery, food, restaurant meals, market, and beverages in Copenhagen

Dining, food, and beverages costs


Fast food combo meal

39 DKK 78 DKK 130 DKK
MINIMUM AVERAGE MAXIMUM
$5.7 $11 $19

Restaurant meal for one

140 DKK 210 DKK 410 DKK
MINIMUM AVERAGE MAXIMUM
$20 $30 $60

Fine dining meal for one

270 DKK 410 DKK 1,600 DKK
MINIMUM AVERAGE MAXIMUM
$40 $60 $240

Cappuccino or latte

33 DKK 52 DKK 78 DKK
MINIMUM AVERAGE MAXIMUM
$4.8 $7.6 $11

Grocery and market costs


Milk large bottle

26 DKK 31 DKK 39 DKK
MINIMUM AVERAGE MAXIMUM
$3.8 $4.6 $5.7

12 eggs

20 DKK 26 DKK 39 DKK
MINIMUM AVERAGE MAXIMUM
$2.9 $3.8 $5.7

Fresh whole chicken

45 DKK 58 DKK 82 DKK
MINIMUM AVERAGE MAXIMUM
$6.5 $8.4 $12

Pack of beef

52 DKK 78 DKK 160 DKK
MINIMUM AVERAGE MAXIMUM
$7.6 $11 $23

Medium bag of rice

21 DKK 29 DKK 41 DKK
MINIMUM AVERAGE MAXIMUM
$3.1 $4.2 $5.9

Bag of tomatos

7.8 DKK 10 DKK 20 DKK
MINIMUM AVERAGE MAXIMUM
$1.1 $1.5 $2.9

Bag of apples

14 DKK 18 DKK 30 DKK
MINIMUM AVERAGE MAXIMUM
$2 $2.7 $4.4
Chart showing the prices and cost of commute, travel, and transportation in Copenhagen


Commute, travel, and transportation costs


20 minutes taxi ride

34 DKK 41 DKK 82 DKK
MINIMUM AVERAGE MAXIMUM
$5 $6 $12

Average car full tank

200 DKK 260 DKK 520 DKK
MINIMUM AVERAGE MAXIMUM
$29 $38 $76

Average car 1-day rental

210 DKK 290 DKK 430 DKK
MINIMUM AVERAGE MAXIMUM
$31 $42 $62

Average car price

98,000 DKK 200,000 DKK 260,000 DKK
MINIMUM AVERAGE MAXIMUM
$14,000 $29,000 $38,000

Bus ticket one way

7.2 DKK 11 DKK 21 DKK
MINIMUM AVERAGE MAXIMUM
$1 $1.6 $3.1

Car Service

290 DKK 430 DKK 860 DKK
MINIMUM AVERAGE MAXIMUM
$42 $62 $120
Chart showing the prices and cost of utility, energy, water, and gas in Copenhagen


Utility cost (monthly)


Utility Bill - Family

1,100 DKK 3,000 DKK 20,000 DKK
MINIMUM AVERAGE MAXIMUM
$150 $440 $2,900

Internet and cable

200 DKK 390 DKK 520 DKK
MINIMUM AVERAGE MAXIMUM
$29 $57 $76

Mobile phone charges

160 DKK 260 DKK 780 DKK
MINIMUM AVERAGE MAXIMUM
$23 $38 $110

Leisure and activities costs


Movie ticket

98 DKK 130 DKK 200 DKK
MINIMUM AVERAGE MAXIMUM
$14 $19 $29

One month gym membership

340 DKK 430 DKK 860 DKK
MINIMUM AVERAGE MAXIMUM
$50 $62 $120
Chart showing the prices and cost of clothing and accessories in Copenhagen


Cloths and accessories costs


Pair of jeans or pants

250 DKK 360 DKK 540 DKK
MINIMUM AVERAGE MAXIMUM
$37 $52 $78

Woman dress

240 DKK 330 DKK 1,100 DKK
MINIMUM AVERAGE MAXIMUM
$35 $48 $160

Woman shoes

230 DKK 310 DKK 720 DKK
MINIMUM AVERAGE MAXIMUM
$33 $45 $100

Men's shoes

200 DKK 240 DKK 480 DKK
MINIMUM AVERAGE MAXIMUM
$28 $35 $69

Men suit

210 DKK 270 DKK 1,400 DKK
MINIMUM AVERAGE MAXIMUM
$31 $39 $210

Regular t-shirt

110 DKK 140 DKK 430 DKK
MINIMUM AVERAGE MAXIMUM
$16 $21 $62
Chart showing the prices and cost of housing, accommodation, and rent in Copenhagen


Housing costs / monthly rent


Studio apartment

3,600 DKK 5,400 DKK 14,000 DKK
MINIMUM AVERAGE MAXIMUM
$520 $780 $2,100

1-bedroom apartment

5,400 DKK 8,600 DKK 21,000 DKK
MINIMUM AVERAGE MAXIMUM
$780 $1,200 $3,100

2-bedroom apartment

7,200 DKK 11,000 DKK 29,000 DKK
MINIMUM AVERAGE MAXIMUM
$1,000 $1,600 $4,200

Housing costs / Buying


Studio apartment

720,000 DKK 1.1M DKK 2.1M DKK
MINIMUM AVERAGE MAXIMUM
$100,000 $160,000 $310,000

1-bedroom apartment

860,000 DKK 1.4M DKK 5.4M DKK
MINIMUM AVERAGE MAXIMUM
$120,000 $210,000 $780,000

2-bedroom apartment

1.4M DKK 4.3M DKK 8.6M DKK
MINIMUM AVERAGE MAXIMUM
$210,000 $620,000 $1.2M
Chart showing the prices and cost of furniture in Copenhagen


Furniture Costs


King Size Bed

3,900 DKK 4,900 DKK 6,500 DKK
MINIMUM AVERAGE MAXIMUM
$570 $710 $950

Double Bed

2,600 DKK 3,900 DKK 4,900 DKK
MINIMUM AVERAGE MAXIMUM
$380 $570 $710

Single Bed

2,300 DKK 3,000 DKK 3,900 DKK
MINIMUM AVERAGE MAXIMUM
$340 $440 $570

Living Room

4,400 DKK 5,600 DKK 20,000 DKK
MINIMUM AVERAGE MAXIMUM
$630 $810 $2,900

Dining Table

2,000 DKK 2,600 DKK 4,900 DKK
MINIMUM AVERAGE MAXIMUM
$290 $380 $710

Sofa or Couch

2,600 DKK 3,600 DKK 7,800 DKK
MINIMUM AVERAGE MAXIMUM
$380 $520 $1,100
Chart showing the prices and cost of electronic devices and appliances in Copenhagen


Electronics and House Appliance Costs


TV Set

2,600 DKK 3,900 DKK 7,800 DKK
MINIMUM AVERAGE MAXIMUM
$380 $570 $1,100

Fridge or Freezer

2,300 DKK 3,600 DKK 4,900 DKK
MINIMUM AVERAGE MAXIMUM
$340 $520 $710

Washing Machine

3,000 DKK 4,400 DKK 7,800 DKK
MINIMUM AVERAGE MAXIMUM
$440 $630 $1,100

Stove or Cooker

2,800 DKK 3,600 DKK 4,900 DKK
MINIMUM AVERAGE MAXIMUM
$410 $520 $710

Mobile Phone

3,300 DKK 3,900 DKK 5,600 DKK
MINIMUM AVERAGE MAXIMUM
$480 $570 $810

Laptop or Computer

3,600 DKK 4,400 DKK 7,800 DKK
MINIMUM AVERAGE MAXIMUM
$520 $630 $1,100
Family cost of living and expenditure to income ratio in Copenhagen

Family expenditure to income ratio in Copenhagen

Analysing the how affordable it is for families to live in Copenhagen

One of the most definite ways to determine how affordable a place is measuring the ratio of expenses to salary. A high expense-to-income to ratio indicates a high cost-of-living index while a low expenditure-to-salary ratio means the place is affordable to live in. Families usually spend a larger chunk of their income than other population groups. A typical and healthy expenditure percentage for a family of four ranges between 70% to 80%.


Spending to Income Ratio

97%

87% to 110%

( expenditure / income ) x 100


Families in Copenhagen spend around 97% of their monthly income. Some families spend as low as 87% of their income while some as high as 110%.

Distribution of monthly cost of living expenses of a family in Copenhagen

How do families spend their money in Copenhagen?

We asked thousands of families about their spending habits and expenditure break down.


The percentage figures in this section are percentages of total spending not income. If you would like to see the percentage of expenses as related to income or salary, see other sections.

Housing and accomodation expenditure for families

Accomodation Cost30%

30% of total expenses on average (25% to 40%)

LOW$980   6,800 DKK
AVERAGE$2,800   19,000 DKK
HIGH$18,000   130,000 DKK
Per Month

Families in Copenhagen typically spend from 25% to 40% of their total monthly expenditure on housing with 30% being the average. The average monthly spend on housing is 19,000 DKK with expenditure ranging from 6,800 DKK to 130,000 DKK. This cost mainly goes for rent but it also includes other accommodation-related expenses.

Electricity, utilities, energy, water, internet, and mobile expenditure for families

Cost of utilities4%

4% of total expenses on average (2% to 7%)

LOW$150   1,100 DKK
AVERAGE$440   3,000 DKK
HIGH$2,900   20,000 DKK
Per Month

Utility expenditure like electricity, water, and gas in Copenhagen ranges from 2% to 7% of total expenses with 4% being the average for most families. The average monthly cost of utilities is 3,000 DKK with 1,100 DKK and 20,000 DKK being the upper and lower limits for a family of four.

Transport, fuel, and commute expenditure for families

Cost of transport and fuel7%

7% of total expenses on average (5% to 9%)

LOW$310   2,100 DKK
AVERAGE$880   6,000 DKK
HIGH$5,700   39,000 DKK
Per Month

Fuel consumption and cost of transport depend heavily on whether a family resides near school and work, but roughly speaking a family would expect to spend from 2,100 DKK to 39,000 DKK in a month on commuting with 6,000 DKK being the norm for most families. This means that money spent on transport constitutes about 7% of total spending on average but can go as low as 5% or as high as 9%.

Food, groceries, and basic shopping expenditure for families

Food and Groceries Cost19%

19% of total expenses on average (12% to 25%)

LOW$550   3,800 DKK
AVERAGE$1,600   11,000 DKK
HIGH$10,000   71,000 DKK
Per Month

The average outlay on groceries and basic houshold items for a typical family in a month in Copenhagen is 11,000 DKK. The cost of groceries can range between 3,800 DKK to 71,000 DKK. Families spend on average about 19% on food and groceries with upper and lower bounds of 12% and 25% respectively.

Healthcare and medical services expenditure for families

Cost of healthcare9%

9% of total expenses on average (5% to 14%)

LOW$280   1,900 DKK
AVERAGE$880   6,000 DKK
HIGH$4,600   31,000 DKK
Per Month

Families in Copenhagen allocate 5% to 14% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending on medical services and clinic visits is around 9%. The range of medical expenses range from 1,900 DKK to 31,000 DKK with 6,000 DKK being the norm for most families.

Leisure and shopping expenditure for families

Cost of leisure and shopping4%

4% of total expenses on average (2% to 8%)

LOW$150   1,100 DKK
AVERAGE$440   3,000 DKK
HIGH$2,900   20,000 DKK
Per Month

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 1,100 DKK to 20,000 DKK with 3,000 DKK being the average. Speaking of percentages, that equates to 2% to 8% of total expenses with an average of 4% for most families.

Education and schooling expenditure for families

Cost of education and schooling14%

14% of total expenses on average (7% to 22%)

LOW$430   3,000 DKK
AVERAGE$1,200   8,400 DKK
HIGH$8,000   55,000 DKK
Per Month

Spending on education can vary drastically between different families. On average, education constitutes 14% of the monthly expenditure of families with 7% and 22% being the lower and upper bounds respectively. The average reported education cost is 8,400 DKK per month with 3,000 DKK being the minimum spent amount and 55,000 DKK being the maximum.

Other Expenses13%

13% of total expenses on average (6% to 18%)

LOW$250   1,700 DKK
AVERAGE$700   4,800 DKK
HIGH$4,600   31,000 DKK
Per Month
Percentage of families who manage to save money from their income every month in Copenhagen

What percentage of families in Copenhagen are able to save money and how much can they save?


Percentage of families that reported their ability to save money


Saving Money
74%
Not Saving
26%

Almost 74% of surveyed families in Copenhagen said that they can save some money at the end of each month while 26% reported that they have to utilize their whole income to survive.


Family savings to income ratio in Copenhagen

Savings-to-Income Ratio

The savings-to-income ratio is measured as the percentage of income that people save over a specific period and it is simply calculated by dividing the saved money by total income and then multiplying the result by 100. (Savings / Income) x 100.


How much money do families manage to add to their savings?

The amount of money that people can afford to save depends hugely on their income. It is better to focus on the percentage when trying to understand saving patterns.

Saving to Income Ratio

14% 23% of income 34%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

8,900 DKK
$1,300
26,000 DKK
$3,700
170,000 DKK
$24,000
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for families

Saving To Income Ratio% Families
0% - 10%34%
10% - 20%27%
20% - 30%19%
30% - 40%10%
40% - 50%7%
> 50%3%

Interpretation and Analysis

Families that are able to save money can put anywhere from 14% to 34% of their monthly income to their savings, with 23% being the average for most families. The average monthly amount of money that families can put aside is 26,000 DKK with 8,900 DKK and 170,000 DKK being the minimum and maximum respectively.

Reasons that make it difficult for families to save money in Copenhagen

Saving Challenges in Copenhagen

Reasons that make it difficult for families to save money

We wanted to understand what is stopping families from maximizing their savings in Copenhagen. Listed below are the answers given by the survey participants.


Reason% People
Low Income7%
High Expenses10%
Debt and Loans20%
Lack of Budgeting Skills10%
Impulsive Spending8%
Financial Emergencies6%
Living the moment7%
Will do it later15%
Inflation10%
Social Pressure4%
Market Instability3%

Around 7% of the families said that their salary is too low to accommodate a portion for savings while 10% said that the high cost of living leaves little room for savings. 20% of the residents said that they are burdened with debt and find it challenging to save money. 10% reported that they just don't have the knowledge or discipline to create and stick to a budget, leading to overspending and an inability to save. 8% of families blamed impulsive spending as the reason for saving inability. Around 6% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 7% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 15% reported that they understand the value of saving but are putting off saving for the future, thinking they have plenty of time to start later. 10% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 4% said that social pressure and keeping up with peers or social expectations makes them overspend. Lastly, 3% blamed market instability and price fluctuations.

Where do families choose to put their savings in Copenhagen

Typical saving choices for families in Copenhagen

Where do people choose to put their savings?


Saving Type% People
Emergency Funds10%
Gold9%
Savings Accounts18%
Retirement Accounts12%
Cash Savings14%
Real Estate10%
Investment6%
Stocks7%
Bonds7%
Mutual Funds3%
Certificates of Deposit4%
A typical and healthy budgeting structure. The 50-30-20 rule

A typical and healthy budgeting structure

The 50/30/20 rule

Spending among different people can vary significantly based on factors such as their income, lifestyle, location, and personal preferences. A commonly used guideline for budgeting is the 50/30/20 rule, which suggests allocating your income into three main categories in the following percentages.

  • 50% for needs and financial obligations

    This category includes essential expenses like housing, utilities, groceries, transportation, and healthcare.

  • 30% for wants and discretionary spending

    This category covers discretionary spending on non-essential items, such as dining out, entertainment, travel, and other lifestyle choices.

  • 20% for savings and emergency fund

    This is the percentage that must be allocated to savings, emergency funds, and retirement accounts.

About financial planning, money management, and household budgeting

The 50/30/20 rule is used as a general guideline but may not be the best choice for all people. There are in fact many budgeting plans out there like the 70/20/10 and the 60/20/20 rules, all claiming to be the best. More important than all of this is to establish financial discipline by creating a budget tailored to your specific financial goals and situation. It is very important that your financial outflow be less than your income to maintain a healthy cash flow.

Income and cost of living compatibility. Is it affordable or economical for families to live in Copenhagen

Affordable living in Copenhagen

Income and cost of living compatibility

We asked families one simple question and recorded their answers.

Is it affordable or economical to live in Copenhagen?


Yes
93%
No
7.3%

Around 93% of surveyed families think that living in Copenhagen is affordable with proper budgeting while 7.3% reported that it is just too expensive and not affordable even with frugality and thriftness.

How easily is cost-cutting for families. Are there plenty of low-cost options in Copenhagen

Low-cost alternatives in Copenhagen

People are always looking for ways to cut down expenses and reduce expenditures. The hallmark of any affordable place is the availability of discount stores, bargain deals, smart or secondhand shopping, refurbished items, and couponing. We asked families how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options71%

Few low-cost options29%


Based on the survey, 71% of the families living in Copenhagen have no problem finding low-cost alternatives to support a frugal lifestyle while 29% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Emergency Funds For Families

An emergency fund is a financial safety net comprised of easily accessible savings set aside to cover unexpected expenses or financial emergencies, typically amounting to three to six months' worth of living expenses. We asked families of Copenhagen whether they have an emergency fund and the answers were as follows.

Yes88%

No12%


Based on the survey, 12% of the families living in Copenhagen said that they don't have an emergency fund while 88% said that they do.

Financial literacy and difficulty in budgeting and financial planning for families in Copenhagen

Financial Literacy in Denmark

Financial literacy is the knowledge of concepts and principles related to personal finance that allow individuals to make informed decisions regarding their money such as budgeting, saving, investing, borrowing, managing debt, financial risk management, and planning.

Financial Leteracy76%


We asked family guardians and parents in Copenhagen whether they acquired any adequate personal financial training in their lives. Approximately 24% of the people who participated in the survey said that they are not well informed about the topics of budgeting, saving, etc., and just manage things based on their own experience, while 76% said that they know about the general principles of personal finance from sources other than their own experience.


Difficulty in Budgeting and Financial Planning

We wanted to understand whether families of Denmark have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 24% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 76% said that they have everything under control.

Struggles with finance24%

Easily manages finances76%

Financial goals and targets of families living in Copenhagen

Financial goals of families in Copenhagen

In an attempt to understand the economic situation in Copenhagen, we asked participants about their financial targets. By knowing what the population in general is trying to achieve, we can shed light on the economic outlook, cost of living, and quality of life in general.


Financial Goal% People
Emergency Fund6%
Debt Reduction29%
Retirement Savings7%
Education Funding9%
Homeownership16%
Investing10%
Travel or Lifestyle12%
Healthcare Expenses7%
Financial Independence10%

Around 6% of families said that their main goal is to establish an emergency fund to cover unexpected expenses while 29% said their number one priority is to pay off high-interest debt or loans and improve credit. 7% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 9% reported that their priority is saving for the tuition fees and education costs of their children while 16% choose to buy a home or pay off existing mortgage before other things. 10% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 12% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 7% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Chart showing the percentage of families who are in debt in Copenhagen

Debt, loans, and mortgages in Copenhagen


Percentage of families who are in debt


In Debt
31%
Debt Free
69%

According to the survey, 31% of the families in Copenhagen have some kind of debt, loan, mortgage, or credit card payments while 69% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Copenhagen

Debt-to-income ratio in Copenhagen

Debt to income ratio

30%

20% to 41%

( monthly debt payment / monthly income ) x 100

Interpretation

The debt-to-income ratio measures the percentage of income being paid as debt settlement across the population. It is calculated by dividing the monthly debt settlement payment of an individual by their monthly income. Based on collected data, approximately 30% of a family's monthly income in Copenhagen goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%2%
50% - 60%9%
40% - 50%10%
30% - 40%12%
20% - 30%17%
10% - 20%21%
0% - 10%29%

According to our data, 2% of the debtors in Copenhagen pay 60%+ of their income as debt settlement while 9% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 10% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 12% dedicated 30% to 40% of income for same. Things are looking brighter for 17% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in Copenhagen

Debt% People
Real Estate Mortgage15%
Auto Loan25%
Student Loan3%
Credit Card23%
Personal Loan34%

15% of debtors in Copenhagen confirm that real estate mortgages constitutes the main part of their outstanding debt while 23% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 25% of people and personal loans rose at 34%. Lastly, student loans are the main source of debt for 3% of debtors in Copenhagen.


About credit score and debt management

Managing debt is a critical aspect of maintaining a favorable credit score. Debt reduction is the first thing you should do improve your financial situation. Getting rid of debt takes precedence over saving money because of interest rates.

Good debt vs. Bad debt

Not all debt is bad. Good debt typically refers to borrowing money for investments that can increase in value or generate income over time like purchasing a home or acquiring student loans. On the other hand, bad debt involves borrowing for things that fail to generate lasting value like high-interest credit card debt used for non-essential expenses like luxury items or vacations.


Loan Affordability Index in Copenhagen

Besides measuring the loan-to-income ratio, we asked families of Copenhagen how many times in a year they defaulted or were unable to pay their due credit card or loan payments on time. Understanding how often people default on their due payments is one of the indicators of the cost of living and economic situation.

Frequency and percentage of people who failed to pay their monthly credit card or loan payments on time last year.

Frequency% People
Never57%
Once a year21%
Twice a year11%
Three times a year8%
Four times a year3%
Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Copenhagen

Housing costs, accommodation, and housing affordability in Copenhagen

Rental costs and house/apartment prices can vary drastically between different areas and locations.


Rent Cost in Copenhagen

Monthly Rent Prices

Studio apartment monthly rent cost

3,600 DKK 5,400 DKK 14,000 DKK
MINIMUM AVERAGE MAXIMUM
$520 $780 $2,100

1-bedroom apartment monthly rent cost

5,400 DKK 8,600 DKK 21,000 DKK
MINIMUM AVERAGE MAXIMUM
$780 $1,200 $3,100

2-bedroom apartment monthly rent cost

7,200 DKK 11,000 DKK 29,000 DKK
MINIMUM AVERAGE MAXIMUM
$1,000 $1,600 $4,200

3-bedroom apartment monthly rent cost

8,600 DKK 14,000 DKK 39,000 DKK
MINIMUM AVERAGE MAXIMUM
$1,200 $2,100 $5,700

Furnished apartment monthly rent cost

17,000 DKK 43,000 DKK 86,000 DKK
MINIMUM AVERAGE MAXIMUM
$2,500 $6,200 $12,000

Townhouse monthly rent cost

14,000 DKK 21,000 DKK 61,000 DKK
MINIMUM AVERAGE MAXIMUM
$2,100 $3,100 $8,900

House monthly rent cost

17,000 DKK 43,000 DKK 86,000 DKK
MINIMUM AVERAGE MAXIMUM
$2,500 $6,200 $12,000

Villa monthly rent cost

21,000 DKK 54,000 DKK 86,000 DKK
MINIMUM AVERAGE MAXIMUM
$3,100 $7,800 $12,000

The monthly rental cost of a studio apartment in Copenhagen ranges between 3,600 DKK and 14,000 DKK, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 5,400 DKK to 21,000 DKK. Two-bedroom rentals rate ranges between 7,200 DKK and 29,000 DKK per month. The monthly rental for a three-bedroom apartment ranges from 8,600 DKK to 39,000 DKK. The average rent of a townhouse in Copenhagen is around 21,000 DKK while house rental costs can be as high as 43,000 DKK per month. Finally, if you want to rent a villa, expect to pay anywhere from 21,000 DKK to 86,000 DKK per month.



Apartment and house prices in Copenhagen

Cost of buying a property

Studio apartment price

720,000 DKK 1.1M DKK 2.1M DKK
MINIMUM AVERAGE MAXIMUM
$100,000 $160,000 $310,000

1-bedroom apartment price

860,000 DKK 1.4M DKK 5.4M DKK
MINIMUM AVERAGE MAXIMUM
$120,000 $210,000 $780,000

2-bedroom apartment price

1.4M DKK 4.3M DKK 8.6M DKK
MINIMUM AVERAGE MAXIMUM
$210,000 $620,000 $1.2M

3-bedroom apartment price

4.8M DKK 7.2M DKK 21M DKK
MINIMUM AVERAGE MAXIMUM
$690,000 $1M $3.1M

Townhouse price

6.1M DKK 14M DKK 54M DKK
MINIMUM AVERAGE MAXIMUM
$890,000 $2.1M $7.8M

House price

7.2M DKK 43M DKK 61M DKK
MINIMUM AVERAGE MAXIMUM
$1M $6.2M $8.9M

Villa price

8.6M DKK 48M DKK 72M DKK
MINIMUM AVERAGE MAXIMUM
$1.2M $6.9M $10M

The average price of a studio apartment in Copenhagen can range from 720,000 DKK to 2.1M DKK depending on location. One bedroom cost can be anywhere from 860,000 DKK to 5.4M DKK. A villa can cost you 48M DKK on average with prices ranging from 8.6M DKK to 72M DKK.


If you're leasing or purchasing, housing costs in Copenhagen will probably constitute your biggest expenditure, yet it's an area where you wield considerable influence. This is due to the substantial variance in housing prices across communities. Keep in mind the location of your workplace and the accessibility of essential amenities to prevent negating the savings from lower rental rates with increased transportation expenses.

House / apartment prices to income ratio


Property price to income ratio

( average property price / average monthly income ) x 100


53 x158 monthly income 255
MINIMUM AVERAGE MAXIMUM

Property prices in Copenhagen can be x158 to x255 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x158 multiples of the average monthly salary in Copenhagen.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


28% 39% of income 50%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Copenhagen is around 39%. This means that people pay 39% of their income for rent. Those figures can range from 28% to 50% depending on the salary, location, and type of property.


The housing-to-income ratio is a very important metric to evaluate and measure how affordable living is in a particular area, city, or country since housing comprises the biggest chunk of expenditure. A higher housing to income ratio means that the place is relatively expensive. The figure by itself does tell much. It only starts to make sense when comparing the housing to income ratio across different locations.

Housing affordability index

The housing affordability index measures how affordable accommodation is in a particular place. This can measured in multiple ways, the most common being housing expenditure to total expenditure ratio and the rent to income ratio. The housing expenditure ratio is a figure reported by individuals on the percentage they allocate for housing. Rent to income ratio is calculated by dividing the average monthly rent by the average income. Because these values are both percentages, we can find their average and get the best of the two worlds.

Housing Affordability Index
36%

Property Taxes

Real estate owners pay property taxes to local tax authorities, which are determined by the assessed value of their property. Typically, these taxes are paid once a year. Property tax funds contribute to community development, financing infrastructure improvements, public services, and local education initiatives.


FROM
2.5%
AVERAGE
3.6%
TO
4.6%

Home Maintenance Costs

Home maintenance costs encompass various expenses associated with the upkeep and repair of a residence. These expenditures include regular tasks such as lawn care, pest control, and HVAC system servicing, as well as occasional repairs and renovations like fixing leaks, painting, or replacing appliances.


60 DKK 780 DKK 7,800 DKK
MINIMUM AVERAGE MAXIMUM

Urban vs. rural living costs

Urban living typically entails higher housing and transportation costs due to demand and limited space, while rural areas generally offer lower housing expenses but may have higher prices for goods and services. The differnce in rental rates between urban areas and rural areas can be as high as 300% in some cases.

Monthly costs and expenses of energy and basic utilities in Copenhagen

Utilities expenditure can vary slightly between different areas and locations.


Energy, electricity, water, gas, internet, and mobile cost in Copenhagen

Utility Bill Cost / Electricity + Water + Gas / Family

1,100 DKK 3,000 DKK 20,000 DKK
MINIMUM AVERAGE MAXIMUM
$150 $440 $2,900

Internet and cable cost

200 DKK 390 DKK 520 DKK
MINIMUM AVERAGE MAXIMUM
$29 $57 $76

Mobile phone bill and charges

160 DKK 260 DKK 780 DKK
MINIMUM AVERAGE MAXIMUM
$23 $38 $110

Because most utility bills club electricity, water, and gas costs in one bill, we can't provide a breakup for each type of utility and will display electricity, gas, and water as single cost.


The average monthly energy and water consumption of families is around 3,000 DKK. The cost of internet and WiFi ranges from 200 DKK to 520 DKK with 390 DKK being the average internet bill. Finally, the average monthly mobile charges is around 260 DKK but can range between 160 DKK and 780 DKK depending on consumption. Mobile charges include both calling minutes as well as data packages.


Energy / Utility expense to income ratio


( monthly utility expenses / monthly income ) x 100


1.1% 4.6% of income 9.2%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Copenhagen is around 4.6%. This means that people pay 4.6% of their income for energy, water, internet, and mobile charges. Those figures can range from 1.1% to 9.2% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Copenhagen

Grocery / Food expenditure and prices can vary drastically between different areas and locations.


Prices and cost of goods and services in Copenhagen

Dining out, food, and beverages costs. Price variations for common food items.

Fast food combo meal price

39 DKK 78 DKK 130 DKK
MINIMUM AVERAGE MAXIMUM
$5.7 $11 $19

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Copenhagen is approximatly 78 DKK with meal cost ranging from 39 DKK to 130 DKK. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

140 DKK 210 DKK 410 DKK
MINIMUM AVERAGE MAXIMUM
$20 $30 $60

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 140 DKK and 410 DKK with 210 DKK being the average price of a plate for one person at a regular restaurant in Copenhagen.

Fine dining meal for one price

270 DKK 410 DKK 1,600 DKK
MINIMUM AVERAGE MAXIMUM
$40 $60 $240

The price range of a meal at fine-dining restaurant is 270 DKK to 1,600 DKK with the average cost being 410 DKK for one person. This is what you would expect to pay a top-tier diner in Copenhagen.

Beverage prices, cappuccino, latte etc..

33 DKK 52 DKK 78 DKK
MINIMUM AVERAGE MAXIMUM
$4.8 $7.6 $11

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Copenhagen is around 52 DKK. Price ranges between 33 DKK and 78 DKK depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

26 DKK 31 DKK 39 DKK
MINIMUM AVERAGE MAXIMUM
$3.8 $4.6 $5.7

The average price of a large bottle of milk in Copenhagen is 31 DKK. The maximum what you would pay for milk is 39 DKK and the minimum being 26 DKK depending on the brand of milk and other properties.

12 eggs price

20 DKK 26 DKK 39 DKK
MINIMUM AVERAGE MAXIMUM
$2.9 $3.8 $5.7

A dozen eggs costs around 26 DKK on average with 20 DKK and 39 DKK being the lower and upper limits respectively.

Fresh whole chicken price

45 DKK 58 DKK 82 DKK
MINIMUM AVERAGE MAXIMUM
$6.5 $8.4 $12

The price range of a fresh whole chicken in Copenhagen is between 45 DKK and 82 DKK depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 58 DKK.

Pack of beef price

52 DKK 78 DKK 160 DKK
MINIMUM AVERAGE MAXIMUM
$7.6 $11 $23

The price of a regular pack of beef or meat is around 78 DKK. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

21 DKK 29 DKK 41 DKK
MINIMUM AVERAGE MAXIMUM
$3.1 $4.2 $5.9

A bag of rice in Copenhagen costs around 29 DKK on average with prices rangeing between 21 DKK and 41 DKK depending on the brand and quality.

Bag of tomatos price

7.8 DKK 10 DKK 20 DKK
MINIMUM AVERAGE MAXIMUM
$1.1 $1.5 $2.9

A bag of tomatoes costs anywhere from 7.8 DKK to 20 DKK. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

14 DKK 18 DKK 30 DKK
MINIMUM AVERAGE MAXIMUM
$2 $2.7 $4.4

A bag of apples costs 18 DKK on average. A bag of apples denotes 1Kg or 1lb depending on location.


Grocery and food expenditure to income ratio


( monthly grocery expenses / monthly income ) x 100


20% 29% of income 36%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Copenhagen is around 29%. This means that families spend 29% of their income on grocery and basic household items. The expenditure can range from 20% to 36% depending on salary and location.


Expenditure on food and grocery for families

Families' spending on grocery ranges from 3,800 DKK to 71,000 DKK with the location, income, and size of the family being the most determinite factors.

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