Cost of living

Denmark flagDenmark’s standard of living is one the world’s highest in the world and therefore it is no surprise that the cost of living is not cheap. However, when keeping consumption sensible by following local customs such as eating at home and cycling, living in Denmark should not be impossible on a budget.

Here are some examples of Danish prices:

  • Typical rent per month for students is around 2500-4000 DKK
  • Enjoying coffee at a café costs around 25 – 40 DKK
  • Enjoying a soft drink or a beer at a bar costs around 30-50 DKK
  • Going to movies is around 80 DKK
  • Dining out costs around 200 DKK

Money and banking

When going to Denmark for a longer stay, it is advisable to open a bank account in the country. However, before this is possible you will need a Danish CPR (ID) number. When opening a bank account, make sure to bring your CPR and ID cards with you so that the process is simple and straightforward.

When coming to Denmark, it is good practice to make sure beforehand that you have enough cash at your disposal that you are able to cover all the costs associated with moving to another country such as rent and deposit for your accommodation, some household items etc. If you have a bank account with an international bank, the chances are that your credit card will also be valid in Denmark. However, it is a good thing to double-check this to be on the safe side.

When opening a Danish bank account, discuss the matter with your Danish bank and they will talk you through the process. In any case you will need to have a ‘Nemkonto’ (easy account) in order for public authorities to make payments into your account.

Travelling costs

Denmark’s location for travelers is excellent as it offers easy access to Europe and the rest of Scandinavia. By plane, cities such as Barcelona, Vienna, Rome, London are just a few hours away. In addition, Denmark is known for having a great transport infrastructure that makes exploring the country and its areas of outstanding natural beauty easy. Most cities can be reached by bus, train or ferry. As in many other countries, a common pricing and zoning system is used. One thing worth mentioning is that Copenhagen has one of the most advanced underground systems in the entire world as it is fully-automated and operates throughout the day.

When coming to Denmark, it is a good idea to get a bicycle since cycling is the most common way for Danes to get around whether living in big cities or small towns. Statistics confirm that every third working Dane in Copenhagen travels to work by bicycle each day. Furthermore, every day 1, 1 million kilometres are pedalled by the people of Copenhagen which has 350 km of cycle lanes.

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