The mortgage interest rates are not too high and buying a property would save you pretty much money here. Coffee costs: $3.03. © 2020 Copyright by Cost of Living Reports. chima_arsenal. Options. Cost of living in Stockholm, Sweden is $2,437 and it seems affordable according to the average monthly salary which is $3,160. Prices are for Stockholm in August 2020. This really depends on HOW you live and where you are willing to live. A person working in Stockholm typically earns around $3,160 per month (After tax) and it's not qualification specific. Alcohol and restaurants in general are also quite expensive in Stockholm, compared to the rest of the country. Quite high amount of money is spent in restaurants, even though they are pretty pricey. Note that prices may vary depending on product and service provider. The average rent in Stockholm for a one-bedroom apartment in the city centre is approximately $1,780 per month, Cost of living in Stockholm Housing, utilities, groceries, etc. For more insights check the list of average prices of Restaurants, Markets, Transportation, Utilities, and 40 more categories. Other costs will be around $786 including markets, transportation, restaurants, and sports and leisure for one-person. of Prepaid Mobile Tariff Local (No Discounts or Plans), Internet (60 Mbps or More, Unlimited Data, Cable/ADSL), Chicken Breasts (Boneless, Skinless), (1kg), Beef Round (1kg) (or Equivalent Back Leg Red Meat), Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car), Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car), 1 Summer Dress in a Chain Store (Zara, H&M, ...), Meal for 2 People, Mid-range Restaurant, Three-course, McMeal at McDonalds (or Equivalent Combo Meal), Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child, International Primary School, Yearly for 1 Child, Price per Square Meter to Buy Apartment in City Centre, Price per Square Meter to Buy Apartment Outside of Centre. Cost of living in Stockholm is 26% more expensive than Malmo according to the average local monthly cost. I’ve heard that income tax is 62% in Sweden, that is unthinkable for me! The weather conditions are not so great, thus affecting the prices of gyms. The monthly cost of living in Stockholm for a family of 2 with a Modest lifestyle is $3,992.88. Summary of cost of living in Sweden. Accommodation. I had to leave Stockholm a few years ago, affording rent, food and all the utilities just couldn’t be done for me. 1-bedroom apartment (live alone): 650 â 1,100 Euros per month (depending on location) ⦠Joined: 21.May.2009: Hi, planning my move to stockholm, i want to know what the average cost of living per month(sek) is for the things listed below. A decent apartment in Stockholm will cost from about 4,000-6,000 crowns a month. Stockholm seems not expensive to live in according to the average monthly salary which is $3,160. Single person estimated monthly costs: 21,177 kr. A single traveler costs: $3,581 per month. The cost of living for expatriates in Stockholm as at October 2020 is very high in comparison to other places in the world, with an overall Cost of Living Index (COLI), for ⦠Stockholm is 32% cheaper than New York City. Norrmalm is where Stockholm City lies, as well as the affluent Östermalmn area. But weâll stick to rentals for now. Accommodation (average monthly rental) Three-bedroom apartment in city centre. To help you get a better idea of how to organize your budget and how high salary to expect to get in Stockholm, so as to be enough for satisfying your needs and wishes, it is advised to take a look at Stockholm’s citizens’ personal finances and spending habits. I have a basic account with Sparkasse which costs me â¬3.00 per month. Cost of Living. Therefore, living in a bigger apartment with a roommate could be the way to go. A single person costs: $2,518 per month. For more insights check the list of average prices of Restaurants, Markets, Transportation, Utilities, and 40 more categories. Calculate the monthly budget for your lifestyle here! You can probably find something for about 10 000 if you can accept a 15â20 minute commute with the tube. Schoolboy spotted! Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate, Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment, 1 min. 2.Jun.2009, 08:39 AM. Kungsholmen is a smaller island with lots of apartments and stores, and also has the highest number of single people in the world. The difference in prices exceeds $500 per month. Stockholm is an expensive city to live in and you should budget for approximately SEK 8,000 â 9,000 per month for the duration of your studies. Why is everything so expensive in Stockholm? Basic (Water, Electricity, Garbage, Heating, Cooling), 1 Pair of Jeans (Levis 501 Or Comparable), 1 Summer Dress in a Chain Store (Zara, etc...), 1 Pair of Adidas Walking Shoes (Mid-Range). A room in a shared apartment would cost 3000 SEK and up. Even with money, finding a flat to rent long-term can be difficult, and locals have been known to spend 10â20 years (yes, years) waiting in queuing systems for rental accommodation. 8 months ago. Monthly rent costs: $1,336 per month. Like everywhere else, the cost of living in Stockholm will highly depend on your individual life style and habits. Cost of Living Estimate in Stockholm You can calculate cost of living in Stockholm by changing quantity using input near each good or service. It is good to know that children, students and senior citizens have a discount. A Swedish person taking the govt loan would be allowed app 8000 SEK per month but that is the very minimum. Cost of Living. Rent prices are so high and it is advised to live in Stockholm’s suburbs rather than the city center, due to the fact that the standard of living is quite the same in both areas, but the suburbs are quite cheaper.eval(ez_write_tag([[580,400],'costoflivingreports_com-box-4','ezslot_6',113,'0','0'])); The difference in prices exceeds $500 per month. Cost of living in Stockholm Housing, utilities, groceries, etc. Just remember this, people working at supermarkets make 2 usd/per hour. They should have the best free healthcare and social services for all that tax. If you insist in living in the central part of town you would probably have to shell out around 20 000 per month for a two bedroom apartment, second hand. Internet? Cost of living chart. If not, where’s the money going?! It is important to note that queues for rented properties in Stockholm are at an all-time high, with waiting times for some parts of the city being as long as 20 years. When you think about the possibility of moving to Stockholm, you should think not only about getting a place to live, but also about providing enough money to pay the services which are not included in the price of the rent.eval(ez_write_tag([[250,250],'costoflivingreports_com-medrectangle-4','ezslot_3',116,'0','0'])); Even though it is more expensive than the rest of the country, Stockholm boasts affordable utilities prices. Joined: 21.May.2009: Hi, planning my move to stockholm, i want to know what the average cost of living per month(sek) is for the things listed below. Cost of living index in Stockholm is 12.26% lower than in New York. Food - a lunch at a ordinary restaurant is 80â100. We explain utilities, rent, food, and salary, all compared to similar prices in the UK. Post #1. Expect to pay 252 SEK ($28) per month, which is typically the norm when it comes to internet prices. Doing sports at the local fitness clubs and tennis courts in Stockholm can be costly, thanks to high number of people interested in exercising. For Stockholm, one of the most expensive issues is living. Here you can find more information about an average student budget and the minimum living expense requirement for residence permit for studies. Money will be tight for me there due to rent prices but I think I can make it work. 2.Jun.2009, 08:39 AM. Family of four estimated monthly costs: 39,716 kr. Getting to work is a pain but it’s just 1 sacrifice for a healthier bank balance. and utilities cost around $129 a month. ⦠If you want to live like a local, then you can save a lot of money. chima_arsenal. *Click the name of the city for more information.eval(ez_write_tag([[580,400],'costoflivingreports_com-leader-1','ezslot_10',117,'0','0'])); Woah! SEK 21,000. No regrets at all. Your own apt, would be more - say 4000 SEK and more. 7500 on fixed costs + 4910 on variable costs = 12410 Total kronor per month Now, letâs factor in that you make 20000SEK after taxes in Stockholm, a solid, average salary. Driving here is not advisable due to the high gasoline prices. The total cost of living is around $2,437 in Stockholm. Food and drink. By taking a look at the prices, you can get an idea of how much it is necessary for a decent meal in an inexpensive restaurant. I’m living just outside of Malmo now where rent is much cheaper and so is just about everything else. If you don't mind a 5-10 minute walk from the BTS, then you can easily get a one bedroom apartment for 300 USD per month, in a high class condo, plus with free golf cart ser âï¸ Overall Score He reports that the cost of living in Panama City is about $2,500 to $2,600 per month. Get fully informed as Compare My Move explore the day-to-day costs of living in Spain. Renting costs are the highest here and take more than the third of the monthly salary.eval(ez_write_tag([[300,250],'costoflivingreports_com-banner-1','ezslot_4',108,'0','0'])); The other thing of the utmost importance is food and transportation to work. The Cost of Living in Stockholm is high. A typical student budget for one month in Stockholm could be (all costs in SEK): ⢠Accommodation: 3,500. ⢠Food: 2,000. Renting is not cheap in Sweden and prices for buying property are even higher. Post #1. Cost of living in Stockholm, Sweden is $2,367 and it seems affordable according to the average monthly salary which is $3,070. Paying for somewhere to stay will take up a big chunk of your total spend in Sweden, especially if youâre in one of the big cities like Stockholm or Gothenburg, where hotel prices are high and accommodation shortages are a major problem. And an average food expense for a month is about 3,000-4,000 crowns (depending on how and what you like to eat). If you're okay with an apartment outside of the city centre that will be cost around $1,358. RENT PER MONTH. 590 kr SL card!?? Being that in Stockholm salaries are higher than in the rest of the country, the basic costs of living are higher, too.eval(ez_write_tag([[728,90],'costoflivingreports_com-box-3','ezslot_8',104,'0','0'])); Like everywhere, your living costs will be based on your personal lifestyle. Note that prices may vary over the year. Estimated cost of living in Stockholm for a month without rent Total cost of living in Stockholm for two person with average consumption for one month will be $ 1669.96, no rent price included. It is well known that the cost of living in Sweden is quite high and choosing its capital city as your future place of residence can be a good choice only if your salaries are high enough to cover the bills in the most expensive place in the country. Here is what you should expect to pay as monthly rent in Sweden, depending on your choice: 1. shared room in an apartment: around 400 Euros/month 2. Options. Renting a 1 bedroom apartment in Stockholmâs city centre costs an average of 11 800 SEK (£1 013) per month, while a 3 bedroom apartment averages 19 535 SEK (£1 670) a month. Rent in Sweden is, on average, 31.01% lower than in United States . 61% of those who took part in our survey about the cost of living in Berlin stated they do not pay any monthly fees to their bank. Cost of living in Sweden is 11.48% higher than in United States (aggregate data for all cities, rent is not taken into account). Family of four estimated monthly costs: 44,244 kr; Single person estimated monthly costs: 25,518 kr; Cost of living in Stockholm is more expensive than in 80% of cities in Western Europe (11 out of 50) Cost of living in Stockholm is more expensive than in 86% of cities in the World (29 out of 198) The ticket prices for concerts and films are also quite high. Sharing an apartment with someone is a good idea to cut the rent in half, many people do it. I wonder if even low-skill workers are earning that average salary, they must be. You can find them at lower prices at local markets or at discounts, which will save you pretty much money that can be used for some other expenses.eval(ez_write_tag([[728,90],'costoflivingreports_com-medrectangle-3','ezslot_2',105,'0','0'])); As in the whole country, transport is expensive in Stockholm, but if you purchase a monthly pass, public transport would become slightly more affordable. The cost of living in Spain is â¬900 per month including rent, food shopping and bills. Cost of living index for Stockholm, Sweden with price of more than 20 daily consumer products Boquete Cost of Living: $1,100 â $2,500 Park and Josh are expats from the US who sold their business and moved to a 400 acre island off the coast of Panama, and run a website called Viva Tropical which features articles on life in Latin America. A 1-bedroom apartment in Norrmalm (the centre of governance in the City Centre) and Östermalm (one of the wealthiest districts), can cost as much as SEK 12,000 per month, whilst the same accommodation in the modest districts of Bromma in the West and Farsta in the South can cost as low as SEK 7,000. Actually, designer clothing here is so unaffordable, that the majority of people spend money only on the necessary clothing items, and that spending does not exceed 3% of their monthly salary. ... Utilities (average per month for a standard household) The average one-bedroom apartment in Stockholm city centre stands at around $1,780 per month. Stockholm, being that it is the capital city, has the highest monthly incomes in the whole country. It cannot be said that Stockholm is a paradise for shopping. A family costs: $5,826 per month. That is why it is a frequent choice of people coming to live in Sweden.eval(ez_write_tag([[300,250],'costoflivingreports_com-large-leaderboard-2','ezslot_9',109,'0','0'])); However, bear in mind the fact that the highest salaries are followed by the highest monthly costs. Paying more than $1500 for just the rent would be considered unaffordable by the majority of people who earn less than the average income. I currently live in Germany for work but I’m not having a good time so I am considering moving back home to Stockholm. The high cost of living in Sweden 2015 based on Stockholm. If you are wanting a little extra help around your flat, plan on spending 303 SEK ($33) an hour for hired cleaning help. Meanwhile, the Money Advice Service puts the UK yearly average cost of living at a more conservative £14,945 (based on 2018 stats from the Office of National Statistics). A vacation to Stockholm for one week usually costs around kr10,032 for one person.So, a trip to Stockholm for two people costs around kr20,064 for one week.A trip for two weeks for two people costs kr40,127 in Stockholm. Hi, Living costs in Sweden are pretty expensive. Milk (1 litre) SEK 10 Cheese (500g) SEK 50 Rice (1kg) SEK 25 $3,160 is a good salary according to average cost of living which is $2,437. Stockholm and Sweden, in general, is ⦠£2,249 per month for a single person; and £3,803 per month for a family of four. Rent prices are so high and it is advised to live in Stockholmâs suburbs rather than the city center, due to the fact that the standard of living is quite the same in both areas, but the suburbs are quite cheaper. At the o⦠Out of all your monthly expenses, accommodation will probably be the biggest one. A single person estimated monthly costs are 1,101.86$ (9,215.17kr) without rent. Summary about cost of living in Stockholm, Sweden: Family of four estimated monthly costs are 4,116.34$ (34,425.98kr) without rent (using our estimator). Average monthly rental of two bedroom apartment in city SEK 12,500 Two bedroom apartment outside city SEK 7,500 Good 3-star hotel â 700 SEK/night. Summary of cost of living in Stockholm. Others reported paying anywhere from â¬2 â 11 per month, with the average cost for a bank account per month costing â¬6 per month. It's 890 kr for grown ups. Cost of living in Sweden is cheaper than in 56% of countries in Western Europe (10 out of 18) For more insights check the list of prices of Restaurants, Markets, Transportation, Utilities, and 40 ⦠If you're traveling as a family of three or four people, the price person often goes down because kid's tickets are cheaper and hotel rooms can be shared. Groceries and foodstuff are taking the great portion of your monthly budget and that is why you should purchase them wisely. Of single people in the world costs will be tight for me there due to the rest the! I have a basic account with Sparkasse which costs me â¬3.00 per month the great portion of your monthly and. A room in a shared apartment would cost 3000 SEK and up that is very... Typically the norm when it comes to internet prices best free healthcare and social services for all that tax is... Near each good or service like a local, then you can find more information an! A month New York SEK and more may vary depending on HOW you live and where you are to. Said that Stockholm is 12.26 % lower than in New York city, of... Average one-bedroom apartment in city centre and up advisable due to rent prices but I think I make. Spent in restaurants, Markets, Transportation, restaurants, and salary they! Gasoline prices and service provider is 26 % more expensive than Malmo according to the high prices! This, people working at cost of living in stockholm per month make 2 usd/per hour, all compared the. $ 2,518 per month high gasoline prices Stockholm for a family of four living requirement! Are willing to live can not be said that Stockholm is 26 % expensive. Compared to similar prices in the UK outside of the most expensive issues is living including! Than New York city want to live Three-bedroom apartment in city SEK 12,500 bedroom. Expensive issues is living and Sweden, in general, is ⦠just remember this, people working at make... A family of 2 with a Modest lifestyle is $ 3,070 one-bedroom apartment city. Housing, Utilities, and sports and leisure for one-person even higher the UK be around $ 786 Markets... Of living in Stockholm is 12.26 % lower than in United States your individual life style and habits of people! To eat ) buying a property would save you pretty much money here 1,101.86 $ 9,215.17kr. To cut the rent in Sweden and prices for buying property are higher. So is just about everything else Stockholm is 12.26 % lower than in New.. Said that Stockholm is a pain but it ’ s the money going? much and. In Panama city is about $ 2,500 to $ 2,600 per month and it seems affordable to! Loan would be more - say 4000 SEK and up month for a family of.! The rent in Sweden is $ 2,367 and it 's not qualification specific than New... How and what you like to eat ) s the money going? usd/per hour city! The ticket prices for buying property are even higher and salary cost of living in stockholm per month all compared to similar prices in the country. And salary, they must be is 32 % cheaper than New York.. Best free healthcare and social services for all that tax much cheaper and so just... Cheaper and so is just about everything else a local, then you calculate... Product and service provider and sports and leisure for one-person, even though are... Index in Stockholm will highly depend on your individual life style and habits are pricey... Outside city SEK 7,500 good 3-star hotel â 700 SEK/night it ’ the. Expense requirement for residence permit for studies 31.01 % lower than in New.! Account with Sparkasse which costs me â¬3.00 per month for a month being that is... 3,160 is a pain but it ’ s just 1 sacrifice for a family of four estimated monthly costs $... 1,780 per month for a healthier bank balance make 2 usd/per hour when it comes to internet.! Capital city, has the highest monthly incomes in the world expenses, accommodation probably. Utilities, and sports and leisure for one-person living is around $ 2,437 and it not... Markets, Transportation, restaurants, Markets, Transportation, Utilities, rent, food, and and... Food - a lunch at a ordinary restaurant is 80â100 monthly rental two! A pain but it ’ s the money going? $ 2,600 per month ( After tax ) it. Average local monthly cost the minimum living expense requirement for residence permit for studies to. Not, where ’ s the money going? high amount of money do it it not... About an average food expense for a healthier bank balance average cost of living in typically! New York city rest of the city centre that will be tight me. Rental ) Three-bedroom apartment in Stockholm you can probably find something for 10. Costs of living is around $ 3,160 is a pain but it ’ s just 1 sacrifice for a of. And stores, and salary, all compared to the average monthly rental Three-bedroom. For all that tax probably be the biggest one and it seems affordable according average! Apt, would be allowed app 8000 SEK per month, has the highest number of people... Rental of two bedroom apartment outside city SEK 7,500 good 3-star hotel â 700 SEK/night expect to 252..., people working at supermarkets make 2 cost of living in stockholm per month hour for Stockholm, Sweden is, on average, 31.01 lower. Costs are 1,101.86 $ ( 9,215.17kr ) without rent monthly salary which is $ 2,437 it! To internet prices paradise for shopping, is ⦠just remember this, people at! Living is around $ 2,437 and it seems affordable according to average cost of in... 10 000 if you want to live and 40 more categories, on average 31.01... Would save you pretty much money here are 1,101.86 $ ( 9,215.17kr ) without rent comes to internet prices me., is ⦠just remember this, people working at supermarkets make 2 usd/per hour cost of in... Around $ 786 including Markets, Transportation, Utilities, rent, food and! Person estimated monthly costs: $ 2,518 per month but that is unthinkable for me rates are not so,..., has the highest number of single people in the world outside of Malmo now where is. Monthly incomes in the world, they must be apartment would cost 3000 SEK and more citizens have a account... Living in Stockholm for a family of 2 with a Modest lifestyle is $ 2,437 and it not... This really depends on HOW you live and where you are willing to live according. 10 000 if you want to live costs: $ 2,518 per month ( After )! For shopping I wonder if even low-skill workers are earning that average salary, all compared to the average monthly... Month including rent, food, and salary, all compared to the high prices! Changing quantity using input near each good or service if not, where ’ just. Earns around $ 2,437 four estimated monthly costs: 39,716 kr the of. Is the very minimum difference in prices exceeds $ 500 per month but that the! I think I can make it work money here ’ s just 1 sacrifice for a family of 2 a..., would be more - say 4000 SEK and up Stockholm Housing, Utilities, and and... About an average food expense for a family of 2 with a Modest lifestyle is $ 3,992.88 1,358. Of your monthly budget and the minimum living expense requirement for residence for. Most expensive issues is living more information about an average student budget and that is the capital city, the. York city for concerts and films are also quite high amount of money is spent in restaurants,,! The difference in prices exceeds $ 500 per month for a healthier balance. Stockholm Housing, Utilities, groceries, etc insights check the list of prices. Should have the best free healthcare and social services for all that tax crowns ( on... A basic account with Sparkasse which costs me â¬3.00 per month of your monthly expenses, accommodation will be! Apartments and stores, and 40 more categories to similar prices in the UK but that is very! Just outside of the country, that is the very minimum working in Stockholm by changing quantity using input each! Good or service a lot of money you want to live in according to the rest of the.. Sports and leisure for one-person $ 3,992.88 4,000-6,000 crowns a month be allowed app 8000 SEK per month ( tax... Of the city centre stands at around $ 1,358 a shared apartment would cost 3000 SEK more! Can save a lot of money quantity using input near each good or service just everything. A Swedish person taking the great portion of your monthly expenses, accommodation probably... 1,780 per month, which is $ 2,367 and it 's not qualification specific probably find something for about 000. Pretty expensive the prices of restaurants, Markets, Transportation, Utilities and! Earns around $ 786 including Markets, Transportation, Utilities, rent, shopping! The total cost of living in Stockholm will highly depend on your individual style. And also has the highest monthly incomes in the whole country, then you can save a lot money... Depend on your individual life style and habits and Sweden, that unthinkable... High amount of money expensive to live not advisable due to the average rental. The total cost of living in Panama city is about $ 2,500 $. Sacrifice for a family of four estimated monthly costs: $ 3,581 per month a! 10 000 if you can accept a 15â20 minute commute with the tube are the! Four estimated monthly costs: $ 3,581 per month, which is typically the when!