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Cost of Living in Stockholm, Sweden

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.

Being that in Stockholm salaries are higher than in the rest of the country, the basic costs of living are higher, too.

Like everywhere, your living costs will be based on your personal lifestyle.

Restaurants

RESTAURANTS

Alcohol and restaurants in general are also quite expensive in Stockholm, compared to the rest of the country.

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.

Markets

MARKETS

Groceries and foodstuff are taking the great portion of your monthly budget and that is why you should purchase them wisely.

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.

Transportation

TRANSPORTATION

As in the whole country, transport is expensive in Stockholm, but if you purchase a monthly pass, public transport would become slightly more affordable.

It is good to know that children, students and senior citizens have a discount.

Driving here is not advisable due to the high gasoline prices.

Utilities

UTILITIES (MONTHLY)

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.

Even though it is more expensive than the rest of the country, Stockholm boasts affordable utilities prices.

Sports and leisure

SPORTS & LEISURE

Doing sports at the local fitness clubs and tennis courts in Stockholm can be costly, thanks to high number of people interested in exercising.

The weather conditions are not so great, thus affecting the prices of gyms.

The ticket prices for concerts and films are also quite high.

Clothing and shoes

CLOTHING & SHOES

It cannot be said that Stockholm is a paradise for shopping.

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.

Rent per month

RENT PER MONTH

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.

The difference in prices exceeds $500 per month.

Cost of Living Averages Table for Stockholm

Average Restaurant Prices
Meal (Inexpensive Restaurant) $12.91
Domestic Beer (0.5 Liter) $6.99
Water (0.33 Liter) $2.15
Average Market Prices
Milk (1 Liter) $4.62
Loaf Bread (500g) $2.29
Eggs (12) $3.18
Average Transport Prices
One Way Ticket $3.87
Monthly Pass $92.49
Gasoline $6.28
Average Utilities Prices
Basic (Water, Electricity, Garbage, Heating, Cooling) $91.82
1 min. of Prepaid Mobile Tariff Local $0.11
Internet (Unlimited Data, Cable/ADSL) $30.55
Average Leisure Prices
Fitness Club, Monthly Fee for 1 Adult $41.91
Tennis Court Rent (1 Hour) $27.11
Cinema, 1 Seat, International Release $13.98
Average Clothing Prices
1 Pair of Jeans (Levis 501 Or Comparable) $95.38
1 Summer Dress in a Chain Store (Zara, etc...) $36.30
1 Pair of Adidas Walking Shoes (Mid-Range) $97.71
Average Rent Prices
Apartment (1 bedroom) in City Center $1304.78
Apartment (1 bedroom) Outside of Center $866.13
Apartment (3 bedrooms) in City Center $2152.80

How Does the Average Person Spend Their Money in Stockholm?

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.

Renting costs are the highest here and take more than the third of the monthly salary.

The other thing of the utmost importance is food and transportation to work.

Quite high amount of money is spent in restaurants, even though they are pretty pricey.

14.9%
29.2%
12.1%
3.5%
5.7%
2.9%
31.7%
Restaurants
Markets
Transportation
Utilities (Monthly)
Sports & Leisure
Clothing & Shoes
Rent Per Month

Stockholm: Average Salary, Minimum Wage & Mortgages

Stockholm, being that it is the capital city, has the highest monthly incomes in the whole country.

That is why it is a frequent choice of people coming to live in Sweden.

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.

The mortgage interest rates are not too high and buying a property would save you pretty much money here.

Average Salary$2725.00
Minimum Wage$
Mortgage Interest Rate2.50%

Cost of Living by City in Sweden

*Click the name of the city for more information.

City Cost of Living Index
Gothenburg 69.77
Malmo 66.14
Stockholm 77.23
Uppsala 68.75

3 Comments

  1. Wesley

    Woah! Why is everything so expensive in Stockholm? I wonder if even low-skill workers are earning that average salary, they must be. I’ve heard that income tax is 62% in Sweden, that is unthinkable for me! They should have the best free healthcare and social services for all that tax. If not, where’s the money going?!

    Reply
  2. Patrik

    I had to leave Stockholm a few years ago, affording rent, food and all the utilities just couldn’t be done for me. I’m living just outside of Malmo now where rent is much cheaper and so is just about everything else. Getting to work is a pain but it’s just 1 sacrifice for a healthier bank balance. No regrets at all.

    Reply
  3. Elsa

    I currently live in Germany for work but I’m not having a good time so I am considering moving back home to Stockholm. Money will be tight for me there due to rent prices but I think I can make it work. Sharing an apartment with someone is a good idea to cut the rent in half, many people do it.

    Reply

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