Cost Of Living For a Single Person in Denmark 2025

Single person cost of living chart - individual average monthly expenditure in Denmark

Average Monthly Expenditure

Currency: DKK
3,400 24,000 160,000
MINIMUM AVERAGE MAXIMUM
$490 $3,400 $23,000

Average monthly spending for a single person or individual in Denmark

How much money does an individual need in a month to survive in Denmark?

A single person in Denmark spends around 24,000 DKK per month on average. Depending on the lifestyle, a single individual can survive with a monthly budget as low as 3,400 DKK or as high as 160,000 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 Denmark


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

Dining, food, and beverages costs


Fast food combo meal

38 DKK 75 DKK 130 DKK
MINIMUM AVERAGE MAXIMUM
$5.5 $11 $18

Restaurant meal for one

130 DKK 190 DKK 380 DKK
MINIMUM AVERAGE MAXIMUM
$18 $27 $55

Fine dining meal for one

250 DKK 380 DKK 1,500 DKK
MINIMUM AVERAGE MAXIMUM
$36 $55 $220

Cappuccino or latte

31 DKK 50 DKK 75 DKK
MINIMUM AVERAGE MAXIMUM
$4.5 $7.3 $11

Grocery and market costs


Milk large bottle

25 DKK 30 DKK 38 DKK
MINIMUM AVERAGE MAXIMUM
$3.6 $4.4 $5.5

12 eggs

19 DKK 25 DKK 38 DKK
MINIMUM AVERAGE MAXIMUM
$2.7 $3.6 $5.5

Fresh whole chicken

43 DKK 55 DKK 78 DKK
MINIMUM AVERAGE MAXIMUM
$6.2 $8 $11

Pack of beef

50 DKK 75 DKK 150 DKK
MINIMUM AVERAGE MAXIMUM
$7.3 $11 $22

Medium bag of rice

20 DKK 28 DKK 39 DKK
MINIMUM AVERAGE MAXIMUM
$2.9 $4 $5.7

Bag of tomatos

7.5 DKK 10 DKK 19 DKK
MINIMUM AVERAGE MAXIMUM
$1.1 $1.5 $2.7

Bag of apples

13 DKK 18 DKK 29 DKK
MINIMUM AVERAGE MAXIMUM
$1.9 $2.5 $4.2
Chart showing the prices and cost of commute, travel, and transportation in Denmark


Commute, travel, and transportation costs


20 minutes taxi ride

31 DKK 38 DKK 75 DKK
MINIMUM AVERAGE MAXIMUM
$4.5 $5.5 $11

Average car full tank

190 DKK 250 DKK 500 DKK
MINIMUM AVERAGE MAXIMUM
$27 $36 $73

Average car 1-day rental

190 DKK 250 DKK 380 DKK
MINIMUM AVERAGE MAXIMUM
$27 $36 $55

Average car price

94,000 DKK 190,000 DKK 250,000 DKK
MINIMUM AVERAGE MAXIMUM
$14,000 $27,000 $36,000

Bus ticket one way

6.3 DKK 9.4 DKK 19 DKK
MINIMUM AVERAGE MAXIMUM
$0.91 $1.4 $2.7

Car Service

250 DKK 380 DKK 750 DKK
MINIMUM AVERAGE MAXIMUM
$36 $55 $110
Chart showing the prices and cost of utility, energy, water, and gas in Denmark


Utility cost (monthly)


Utility Bill - Individual

200 DKK 1,400 DKK 9,500 DKK
MINIMUM AVERAGE MAXIMUM
$30 $210 $1,400

Internet and cable

190 DKK 380 DKK 500 DKK
MINIMUM AVERAGE MAXIMUM
$27 $55 $73

Mobile phone charges

150 DKK 250 DKK 750 DKK
MINIMUM AVERAGE MAXIMUM
$22 $36 $110

Leisure and activities costs


Movie ticket

94 DKK 130 DKK 190 DKK
MINIMUM AVERAGE MAXIMUM
$14 $18 $27

One month gym membership

300 DKK 380 DKK 750 DKK
MINIMUM AVERAGE MAXIMUM
$44 $55 $110
Chart showing the prices and cost of clothing and accessories in Denmark


Cloths and accessories costs


Pair of jeans or pants

220 DKK 310 DKK 470 DKK
MINIMUM AVERAGE MAXIMUM
$32 $45 $68

Woman dress

210 DKK 290 DKK 940 DKK
MINIMUM AVERAGE MAXIMUM
$30 $42 $140

Woman shoes

200 DKK 270 DKK 630 DKK
MINIMUM AVERAGE MAXIMUM
$29 $39 $91

Men's shoes

170 DKK 210 DKK 420 DKK
MINIMUM AVERAGE MAXIMUM
$25 $30 $61

Men suit

190 DKK 230 DKK 1,300 DKK
MINIMUM AVERAGE MAXIMUM
$27 $34 $180

Regular t-shirt

94 DKK 130 DKK 380 DKK
MINIMUM AVERAGE MAXIMUM
$14 $18 $55
Chart showing the prices and cost of housing, accommodation, and rent in Denmark


Housing costs / monthly rent


Studio apartment

3,100 DKK 4,700 DKK 13,000 DKK
MINIMUM AVERAGE MAXIMUM
$450 $680 $1,800

1-bedroom apartment

4,700 DKK 7,500 DKK 19,000 DKK
MINIMUM AVERAGE MAXIMUM
$680 $1,100 $2,700

2-bedroom apartment

6,300 DKK 9,400 DKK 25,000 DKK
MINIMUM AVERAGE MAXIMUM
$910 $1,400 $3,600

Housing costs / Buying


Studio apartment

630,000 DKK 940,000 DKK 1.9M DKK
MINIMUM AVERAGE MAXIMUM
$91,000 $140,000 $270,000

1-bedroom apartment

750,000 DKK 1.3M DKK 4.7M DKK
MINIMUM AVERAGE MAXIMUM
$110,000 $180,000 $680,000

2-bedroom apartment

1.3M DKK 3.8M DKK 7.5M DKK
MINIMUM AVERAGE MAXIMUM
$180,000 $550,000 $1.1M
Chart showing the prices and cost of furniture in Denmark


Furniture Costs


King Size Bed

3,800 DKK 4,700 DKK 6,300 DKK
MINIMUM AVERAGE MAXIMUM
$550 $680 $910

Double Bed

2,500 DKK 3,800 DKK 4,700 DKK
MINIMUM AVERAGE MAXIMUM
$360 $550 $680

Single Bed

2,200 DKK 2,900 DKK 3,800 DKK
MINIMUM AVERAGE MAXIMUM
$320 $420 $550

Living Room

4,200 DKK 5,400 DKK 19,000 DKK
MINIMUM AVERAGE MAXIMUM
$610 $780 $2,700

Dining Table

1,900 DKK 2,500 DKK 4,700 DKK
MINIMUM AVERAGE MAXIMUM
$270 $360 $680

Sofa or Couch

2,500 DKK 3,400 DKK 7,500 DKK
MINIMUM AVERAGE MAXIMUM
$360 $500 $1,100
Chart showing the prices and cost of electronic devices and appliances in Denmark


Electronics and House Appliance Costs


TV Set

2,500 DKK 3,800 DKK 7,500 DKK
MINIMUM AVERAGE MAXIMUM
$360 $550 $1,100

Fridge or Freezer

2,200 DKK 3,400 DKK 4,700 DKK
MINIMUM AVERAGE MAXIMUM
$320 $500 $680

Washing Machine

2,900 DKK 4,200 DKK 7,500 DKK
MINIMUM AVERAGE MAXIMUM
$420 $610 $1,100

Stove or Cooker

2,700 DKK 3,400 DKK 4,700 DKK
MINIMUM AVERAGE MAXIMUM
$390 $500 $680

Mobile Phone

3,100 DKK 3,800 DKK 5,400 DKK
MINIMUM AVERAGE MAXIMUM
$450 $550 $780

Laptop or Computer

3,400 DKK 4,200 DKK 7,500 DKK
MINIMUM AVERAGE MAXIMUM
$500 $610 $1,100
Single person or Individual cost of living and expenditure to income ratio in Denmark

Single person expenditure to income ratio in Denmark

Analysing the how affordable it is for an individual to live in Denmark

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. Individuals usually spend a larger chunk of their income than other population groups. A typical and healthy expenditure percentage for a single individual ranges between 70% to 80%.


Spending to Income Ratio

73%

65% to 82%

( expenditure / income ) x 100


Individuals in Denmark spend around 73% of their monthly income. Some individuals spend as low as 65% of their income while some as high as 82%.

Distribution of monthly cost of living expenses of a single person in Denmark

How do individuals spend their money in Denmark?

We asked thousands of individuals 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 individuals

Accomodation Cost35%

35% of total expenses on average (23% to 47%)

LOW$180   1,200 DKK
AVERAGE$1,200   8,500 DKK
HIGH$8,300   57,000 DKK
Per Month

Individuals in Denmark typically spend from 23% to 47% of their total monthly expenditure on housing with 35% being the average. The average monthly spend on housing is 8,500 DKK with expenditure ranging from 1,200 DKK to 57,000 DKK. This cost mainly goes for rent but it also includes other accommodation-related expenses.

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

Cost of utilities6%

6% of total expenses on average (2% to 11%)

LOW$30   200 DKK
AVERAGE$210   1,400 DKK
HIGH$1,400   9,500 DKK
Per Month

Utility expenditure like electricity, water, and gas in Denmark ranges from 2% to 11% of total expenses with 6% being the average for most individuals. The average monthly cost of utilities is 1,400 DKK with 200 DKK and 9,500 DKK being the upper and lower limits for a single person.

Transport, fuel, and commute expenditure for individuals

Cost of transport and fuel7%

7% of total expenses on average (5% to 13%)

LOW$39   270 DKK
AVERAGE$280   1,900 DKK
HIGH$1,800   13,000 DKK
Per Month

Fuel consumption and cost of transport depend heavily on whether a single person resides near school and work, but roughly speaking a single person would expect to spend from 270 DKK to 13,000 DKK in a month on commuting with 1,900 DKK being the norm for most individuals. 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 13%.

Food, groceries, and basic shopping expenditure for individuals

Food and Groceries Cost17%

17% of total expenses on average (11% to 22%)

LOW$79   540 DKK
AVERAGE$550   3,800 DKK
HIGH$3,700   25,000 DKK
Per Month

The average outlay on groceries and basic houshold items for a typical person in a month in Denmark is 3,800 DKK. The cost of groceries can range between 540 DKK to 25,000 DKK. Individuals spend on average about 17% on food and groceries with upper and lower bounds of 11% and 22% respectively.

Healthcare and medical services expenditure for individuals

Cost of healthcare10%

10% of total expenses on average (4% to 14%)

LOW$44   300 DKK
AVERAGE$310   2,100 DKK
HIGH$2,100   14,000 DKK
Per Month

Individuals in Denmark allocate 4% 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 10%. The range of medical expenses range from 300 DKK to 14,000 DKK with 2,100 DKK being the norm for most individuals.

Leisure and shopping expenditure for individuals

Cost of leisure and shopping5%

5% of total expenses on average (4% to 8%)

LOW$25   170 DKK
AVERAGE$170   1,200 DKK
HIGH$1,100   7,900 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 170 DKK to 7,900 DKK with 1,200 DKK being the average. Speaking of percentages, that equates to 4% to 8% of total expenses with an average of 5% for most individuals.

Education and schooling expenditure for individuals

Cost of education and schooling2%

2% of total expenses on average (1% to 4%)

LOW$9.8   68 DKK
AVERAGE$69   470 DKK
HIGH$460   3,200 DKK
Per Month

Spending on education can vary drastically between different individuals. On average, education constitutes 2% of the monthly expenditure of individuals with 1% and 4% being the lower and upper bounds respectively. The average reported education cost is 470 DKK per month with 68 DKK being the minimum spent amount and 3,200 DKK being the maximum.

Other Expenses19%

19% of total expenses on average (11% to 23%)

LOW$89   610 DKK
AVERAGE$620   4,300 DKK
HIGH$4,100   28,000 DKK
Per Month
Percentage of individuals who manage to save money from their income every month in Denmark

What percentage of individuals in Denmark are able to save money and how much can they save?


Percentage of individuals that reported their ability to save money


Saving Money
74%
Not Saving
26%

Almost 74% of surveyed individuals in Denmark 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.


A single person savings to income ratio in Denmark

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 individuals 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

16% 26% of income 35%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

1,100 DKK
$160
10,000 DKK
$1,500
67,000 DKK
$9,700
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for individuals

Saving To Income Ratio% Individuals
0% - 10%27%
10% - 20%22%
20% - 30%15%
30% - 40%18%
40% - 50%13%
> 50%5%

Interpretation and Analysis

Individuals that are able to save money can put anywhere from 16% to 35% of their monthly income to their savings, with 26% being the average for most individuals. The average monthly amount of money that individuals can put aside is 10,000 DKK with 1,100 DKK and 67,000 DKK being the minimum and maximum respectively.

Reasons that make it difficult for individuals to save money in Denmark

Saving Challenges in Denmark

Reasons that make it difficult for individuals to save money

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


Reason% People
Low Income7%
High Expenses10%
Debt and Loans21%
Lack of Budgeting Skills9%
Impulsive Spending8%
Financial Emergencies5%
Living the moment8%
Will do it later14%
Inflation9%
Social Pressure4%
Market Instability4%

Around 7% of the individuals 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. 21% of the residents said that they are burdened with debt and find it challenging to save money. 9% 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 individuals blamed impulsive spending as the reason for saving inability. Around 5% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 8% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 14% 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. 9% 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, 4% blamed market instability and price fluctuations.

Where do individuals choose to put their savings in Denmark

Typical saving choices for individuals in Denmark

Where do people choose to put their savings?


Saving Type% People
Emergency Funds10%
Gold8%
Savings Accounts18%
Retirement Accounts12%
Cash Savings13%
Real Estate11%
Investment7%
Stocks7%
Bonds7%
Mutual Funds4%
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 individuals to live in Denmark

Affordable living in Denmark

Income and cost of living compatibility

We asked individuals one simple question and recorded their answers.

Is it affordable or economical to live in Denmark?


Yes
81%
No
19%

Around 81% of surveyed individuals think that living in Denmark is affordable with proper budgeting while 19% reported that it is just too expensive and not affordable even with frugality and thriftness.

How easily is cost-cutting for individuals. Are there plenty of low-cost options in Denmark

Low-cost alternatives in Denmark

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 individuals how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options62%

Few low-cost options38%


Based on the survey, 62% of the individuals living in Denmark have no problem finding low-cost alternatives to support a frugal lifestyle while 38% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Emergency Funds For Individuals

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 individuals of Denmark whether they have an emergency fund and the answers were as follows.

Yes77%

No23%


Based on the survey, 23% of the individuals living in Denmark said that they don't have an emergency fund while 77% said that they do.

Financial literacy and difficulty in budgeting and financial planning for individuals in Denmark

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 individuals in Denmark 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 single people 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 single people living in Denmark

Financial goals of individuals in Denmark

In an attempt to understand the economic situation in Denmark, 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 Reduction27%
Retirement Savings6%
Education Funding9%
Homeownership16%
Investing10%
Travel or Lifestyle13%
Healthcare Expenses6%
Financial Independence11%

Around 6% of individuals said that their main goal is to establish an emergency fund to cover unexpected expenses while 27% said their number one priority is to pay off high-interest debt or loans and improve credit. 6% 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 13% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 6% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Chart showing the percentage of individuals who are in debt in Denmark

Debt, loans, and mortgages in Denmark


Percentage of individuals who are in debt


In Debt
27%
Debt Free
73%

According to the survey, 27% of the individuals in Denmark have some kind of debt, loan, mortgage, or credit card payments while 73% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Denmark

Debt-to-income ratio in Denmark

Debt to income ratio

26%

17% to 36%

( 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 26% of a single person's monthly income in Denmark goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%2%
50% - 60%7%
40% - 50%9%
30% - 40%11%
20% - 30%18%
10% - 20%23%
0% - 10%29%

According to our data, 2% of the debtors in Denmark pay 60%+ of their income as debt settlement while 7% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 9% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 11% dedicated 30% to 40% of income for same. Things are looking brighter for 18% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in Denmark

Debt% People
Real Estate Mortgage16%
Auto Loan27%
Student Loan2%
Credit Card22%
Personal Loan32%

16% of debtors in Denmark confirm that real estate mortgages constitutes the main part of their outstanding debt while 22% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 27% of people and personal loans rose at 32%. Lastly, student loans are the main source of debt for 2% of debtors in Denmark.


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 Denmark

Besides measuring the loan-to-income ratio, we asked individuals of Denmark 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
Never58%
Once a year21%
Twice a year10%
Three times a year7%
Four times a year3%
Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Denmark

Housing costs, accommodation, and housing affordability in Denmark

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


Rent Cost in Denmark

Monthly Rent Prices

Studio apartment monthly rent cost

3,100 DKK 4,700 DKK 13,000 DKK
MINIMUM AVERAGE MAXIMUM
$450 $680 $1,800

1-bedroom apartment monthly rent cost

4,700 DKK 7,500 DKK 19,000 DKK
MINIMUM AVERAGE MAXIMUM
$680 $1,100 $2,700

2-bedroom apartment monthly rent cost

6,300 DKK 9,400 DKK 25,000 DKK
MINIMUM AVERAGE MAXIMUM
$910 $1,400 $3,600

3-bedroom apartment monthly rent cost

7,500 DKK 13,000 DKK 34,000 DKK
MINIMUM AVERAGE MAXIMUM
$1,100 $1,800 $5,000

Furnished apartment monthly rent cost

15,000 DKK 38,000 DKK 75,000 DKK
MINIMUM AVERAGE MAXIMUM
$2,200 $5,500 $11,000

Townhouse monthly rent cost

13,000 DKK 19,000 DKK 54,000 DKK
MINIMUM AVERAGE MAXIMUM
$1,800 $2,700 $7,800

House monthly rent cost

15,000 DKK 38,000 DKK 75,000 DKK
MINIMUM AVERAGE MAXIMUM
$2,200 $5,500 $11,000

Villa monthly rent cost

19,000 DKK 47,000 DKK 75,000 DKK
MINIMUM AVERAGE MAXIMUM
$2,700 $6,800 $11,000

The monthly rental cost of a studio apartment in Denmark ranges between 3,100 DKK and 13,000 DKK, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 4,700 DKK to 19,000 DKK. Two-bedroom rentals rate ranges between 6,300 DKK and 25,000 DKK per month. The monthly rental for a three-bedroom apartment ranges from 7,500 DKK to 34,000 DKK. The average rent of a townhouse in Denmark is around 19,000 DKK while house rental costs can be as high as 38,000 DKK per month. Finally, if you want to rent a villa, expect to pay anywhere from 19,000 DKK to 75,000 DKK per month.



Apartment and house prices in Denmark

Cost of buying a property

Studio apartment price

630,000 DKK 940,000 DKK 1.9M DKK
MINIMUM AVERAGE MAXIMUM
$91,000 $140,000 $270,000

1-bedroom apartment price

750,000 DKK 1.3M DKK 4.7M DKK
MINIMUM AVERAGE MAXIMUM
$110,000 $180,000 $680,000

2-bedroom apartment price

1.3M DKK 3.8M DKK 7.5M DKK
MINIMUM AVERAGE MAXIMUM
$180,000 $550,000 $1.1M

3-bedroom apartment price

4.2M DKK 6.3M DKK 19M DKK
MINIMUM AVERAGE MAXIMUM
$610,000 $910,000 $2.7M

Townhouse price

5.4M DKK 13M DKK 47M DKK
MINIMUM AVERAGE MAXIMUM
$780,000 $1.8M $6.8M

House price

6.3M DKK 38M DKK 54M DKK
MINIMUM AVERAGE MAXIMUM
$910,000 $5.5M $7.8M

Villa price

7.5M DKK 42M DKK 63M DKK
MINIMUM AVERAGE MAXIMUM
$1.1M $6.1M $9.1M

The average price of a studio apartment in Denmark can range from 630,000 DKK to 1.9M DKK depending on location. One bedroom cost can be anywhere from 750,000 DKK to 4.7M DKK. A villa can cost you 42M DKK on average with prices ranging from 7.5M DKK to 63M DKK.


If you're leasing or purchasing, housing costs in Denmark 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


46 x138 monthly income 223
MINIMUM AVERAGE MAXIMUM

Property prices in Denmark can be x138 to x223 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x138 multiples of the average monthly salary in Denmark.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


24% 34% of income 44%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Denmark is around 34%. This means that people pay 34% of their income for rent. Those figures can range from 24% to 44% 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
32%

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
2.4%
AVERAGE
3.4%
TO
4.4%

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.


53 DKK 680 DKK 6,800 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 Denmark

Utilities expenditure can vary slightly between different areas and locations.


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

Utility Bill Cost / Electricity + Water + Gas / A single person

200 DKK 1,400 DKK 9,500 DKK
MINIMUM AVERAGE MAXIMUM
$30 $210 $1,400

Internet and cable cost

190 DKK 380 DKK 500 DKK
MINIMUM AVERAGE MAXIMUM
$27 $55 $73

Mobile phone bill and charges

150 DKK 250 DKK 750 DKK
MINIMUM AVERAGE MAXIMUM
$22 $36 $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 individuals is around 1,400 DKK. The cost of internet and WiFi ranges from 190 DKK to 500 DKK with 380 DKK being the average internet bill. Finally, the average monthly mobile charges is around 250 DKK but can range between 150 DKK and 750 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% 4% of income 8%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Denmark is around 4%. This means that people pay 4% of their income for energy, water, internet, and mobile charges. Those figures can range from 1% to 8% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Denmark

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


Prices and cost of goods and services in Denmark

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

Fast food combo meal price

38 DKK 75 DKK 130 DKK
MINIMUM AVERAGE MAXIMUM
$5.5 $11 $18

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Denmark is approximatly 75 DKK with meal cost ranging from 38 DKK to 130 DKK. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

130 DKK 190 DKK 380 DKK
MINIMUM AVERAGE MAXIMUM
$18 $27 $55

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 130 DKK and 380 DKK with 190 DKK being the average price of a plate for one person at a regular restaurant in Denmark.

Fine dining meal for one price

250 DKK 380 DKK 1,500 DKK
MINIMUM AVERAGE MAXIMUM
$36 $55 $220

The price range of a meal at fine-dining restaurant is 250 DKK to 1,500 DKK with the average cost being 380 DKK for one person. This is what you would expect to pay a top-tier diner in Denmark.

Beverage prices, cappuccino, latte etc..

31 DKK 50 DKK 75 DKK
MINIMUM AVERAGE MAXIMUM
$4.5 $7.3 $11

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Denmark is around 50 DKK. Price ranges between 31 DKK and 75 DKK depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

25 DKK 30 DKK 38 DKK
MINIMUM AVERAGE MAXIMUM
$3.6 $4.4 $5.5

The average price of a large bottle of milk in Denmark is 30 DKK. The maximum what you would pay for milk is 38 DKK and the minimum being 25 DKK depending on the brand of milk and other properties.

12 eggs price

19 DKK 25 DKK 38 DKK
MINIMUM AVERAGE MAXIMUM
$2.7 $3.6 $5.5

A dozen eggs costs around 25 DKK on average with 19 DKK and 38 DKK being the lower and upper limits respectively.

Fresh whole chicken price

43 DKK 55 DKK 78 DKK
MINIMUM AVERAGE MAXIMUM
$6.2 $8 $11

The price range of a fresh whole chicken in Denmark is between 43 DKK and 78 DKK depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 55 DKK.

Pack of beef price

50 DKK 75 DKK 150 DKK
MINIMUM AVERAGE MAXIMUM
$7.3 $11 $22

The price of a regular pack of beef or meat is around 75 DKK. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

20 DKK 28 DKK 39 DKK
MINIMUM AVERAGE MAXIMUM
$2.9 $4 $5.7

A bag of rice in Denmark costs around 28 DKK on average with prices rangeing between 20 DKK and 39 DKK depending on the brand and quality.

Bag of tomatos price

7.5 DKK 10 DKK 19 DKK
MINIMUM AVERAGE MAXIMUM
$1.1 $1.5 $2.7

A bag of tomatoes costs anywhere from 7.5 DKK to 19 DKK. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

13 DKK 18 DKK 29 DKK
MINIMUM AVERAGE MAXIMUM
$1.9 $2.5 $4.2

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


17% 25% of income 31%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Denmark is around 25%. This means that individuals spend 25% of their income on grocery and basic household items. The expenditure can range from 17% to 31% depending on salary and location.


Expenditure on food and grocery for individuals

Individuals' spending on grocery ranges from 540 DKK to 25,000 DKK with the location, income being the most determinite factors.

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