How much does it cost to live in Copenhagen?

Typical monthly costs in Copenhagen are approximately kr10,500 in rent and kr11,000 in other expenses, totalling around kr21,500/month.

How much should I save in Copenhagen?

Based on Statistics Denmark (DST) HBS 2022, people at mid-range incomes in Denmark typically save 12–20% of gross income. In a very high cost city like Copenhagen, housing costs can reduce this, particularly for renters.

Copenhagen · DKK · very high cost city

Cost of living in Copenhagen — is your salary enough?

Copenhagen median rent is approximately 10,500 kr/month for a 1-bed, making it one of the most expensive Nordic capitals. Copenhagen earners benefit from Denmark's strong social safety net, but high housing and living costs compress mid-income savings rates.

Rent in Copenhagen

Budget7,900 kr – 9,450 kr/mo

Typical10,500 kr – 12,050 kr/mo

Premium13,700 kr+/mo

Other monthly costs

Food, transport, bills, going out~11,000 kr/mo

Total typical monthly spend~21,500 kr/mo

How different incomes stack up

At typical Copenhagen costs (10,500 kr rent)

350,000kr – 475,000kr→ saving 37.5%

Ahead

475,000kr – 625,000kr→ saving 53.1%

Ahead

625,000kr – 850,000kr→ saving 65%

Ahead

See your personal verdict for Copenhagen

Country

Annual income (gross)500,000kr

150,000kr1,075,000kr2,000,000+kr

Monthly rent or mortgage10,500kr/mo

0kr15,000kr30,000+kr

Other monthly expenses

Food, transport, subscriptions, going out — everything except rent

10,000kr/mo

0kr12,500kr25,000+kr

Age (optional — improves benchmark)

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Cost figures are estimates based on reported median rents and typical spending patterns. Savings benchmarks from Statistics Denmark (DST) HBS 2022. Figures in DKK.

Check your savings rate in Copenhagen →

Compare nearby cities

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Also in the Verdict suite

SalaryVerdict — Is your Copenhagen salary competitive?SpendVerdict — Is your Copenhagen rent too high?