As previously mentioned, Denmark can be one of the most expensive countries to relocate to in Europe. Whether you rent a room or share an apartment in Copenhagen with a few new classmates, your expenses will still typically be high.
The prices do typically depend on the location and the size of the space. For example, a room in Frederiksberg will be a lot more expensive than maybe even an apartment in Nørrebro. The size of the space can also be an important factor, and the prices can vary, depending on the number of students living in the apartment.
On average rooms start from €600, and the 1-bedroom small-sized apartment will cost you around €1000. This price may or may not include utilities.
Also, keep in mind what additional funds will be required. For student accommodation in Denmark, the deposit is very high, almost always including at least three months of rent as a deposit. Some landlords even ask for the first three months of rent up front, as well as the last payment. So yes, you’re reading this correctly. You may need to be prepared to pay seven months of rent in total before you even move in. Fortunately, you will get your deposit back at the end of the lease, as long as there is no damage to the property.
If you will be renting from an acquaintance or a private citizen, perhaps a student renting their room while they are away on an exchange as well, the terms may be much more lenient.
While so many other things in Copenhagen are expensive, the basic food staples are priced surprisingly low. For example, a loaf of bread, a liter of milk or a bag of pasta each only cost around a dollar. Plus, it helps if you shop at budget-friendly supermarkets, such as Netto and Aldi. If you’re looking for cheap, fresh produce, go to the neighborhood markets, and not the one in the city center.
If you’re grabbing food or drinks to go, a standard coffee can cost about €3.4, with a latte costing anywhere from €4 to €6.2. If you make a quick run to the local McDonalds, expect to pay around €7.5 for a combo meal. If you want to sit down for a meal at a café, lunch could set you back €16.5.
Now, if you plan to eat out at a restaurant for dinner, each meal per person is typically about €33. If you’re feeling especially fancy, a high-end meal can be in the €250 range.
When going out for drinks with friends, domestic beer is going to be about €4, with craft and specialty beers over €5.8. Cocktails get even pricier, between €9 and €15 each.
With the price of drinks so expensive in bars, many students will opt to buy a 6-pack of beer from the supermarket for about €4, and hang out by the water instead. Or you can meet up at Copenhagen Street Food, or try one of the food trucks for dishes starting off at €4.
Copenhagen was designed for travel by bike. In fact, only 14% of the city’s residents travel by car, due to both its cost and its inefficiency. As with most European cities, most of Copenhagen’s inhabitants have a bike, and even use them in all sorts of weather.
However, if you’re just not cut out for bike riding, or if you’d rather not ride in the rain, you won’t be disappointed in the public transport system. It all operates on the Rejsekort card, whether you’re traveling by bus, Metro or train.
The pricing can also vary, depending on the zone, the time of day, the distance and how often you use the card. However, it generally cuts down the price of a trip to anywhere between €1.5 to €1.8 per zone, instead of about €2.9 for a single ticket. There are also several different types of season passes, ranging from 30 to 180 days of coverage.
Living costs in Copenhagen can be estimated to be about €1200 per month for each person. And that’s the bare necessities.
If you’re thinking of seeing a movie, complete with popcorn and drinks, expect to spend every bit of €50 for a couple. That’s why it’s so important to follow any tips about moving to Copenhagen for your studies abroad. Instead of spending a lot of money on costly entertainment, opt for free concerts or festivals, visit the markets or go walking or running in one of the many green parks.
If you need to buy clothes or furnishings for your room or apartment, designer brands will really set you back in Copenhagen. But the good news is that there are lots of second-hand stores, and vintage is totally “in” right now! Plus, you can always shop online.