How much does it cost to live in Malmö?

Typical monthly costs in Malmö are approximately kr8,000 in rent and kr9,000 in other expenses, totalling around kr17,000/month.

How much should I save in Malmö?

Based on SCB Household Finances Survey 2022, people at mid-range incomes in Sweden typically save 12–20% of gross income. In a moderate cost city like Malmö, housing costs can reduce this, particularly for renters.

Malmö · SEK · moderate cost city

Cost of living in Malmö — is your salary enough?

Malmö private rents average 8,000 kr/month; cross-border proximity to Copenhagen makes it attractive for commuters. Malmö earners benefit from lower housing costs than Stockholm; mid-income savings benchmarks are typically achievable.

Rent in Malmö

Budget6,000 kr – 7,200 kr/mo

Typical8,000 kr – 9,200 kr/mo

Premium10,400 kr+/mo

Other monthly costs

Food, transport, bills, going out~9,000 kr/mo

Total typical monthly spend~17,000 kr/mo

How different incomes stack up

At typical Malmö costs (8,000 kr rent)

320,000kr – 450,000kr→ saving 30.3%

Ahead

450,000kr – 600,000kr→ saving 46%

Ahead

600,000kr – 800,000kr→ saving 56.5%

Ahead

See your personal verdict for Malmö

Country

Annual income (gross)525,000kr

150,000kr1,950,000kr3,750,000+kr

Monthly rent or mortgage8,000kr/mo

0kr12,500kr25,000+kr

Other monthly expenses

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

10,500kr/mo

0kr22,500kr45,000+kr

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Cost figures are estimates based on reported median rents and typical spending patterns. Savings benchmarks from SCB Household Finances Survey 2022. Figures in SEK.

Check your savings rate in Malmö →

Compare nearby cities

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Also in the Verdict suite

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