The standard of living is high and the economy performs above the European average. Accommodation, food, transport and leisure are therefore relatively expensive in Denmark compared to many other countries. However, salaries are correspondingly high, and many services such as medical treatment and schools are paid for via taxes and the Danish welfare system, so that no user fees are charged. 

You will find more detailed information about opening a bank account, NemID and payment methods in Denmark on the right side.

The table below shows typical expenses of students living in Aarhus. The actual amount of expenses also depends on the individual lifestyle of each student.

Upon arriving in Denmark, you may be surprised to find that prices are much higher than your home country, but there are a number of reasons for this: firstly the salaries in Denmark are among the highest in the world and secondly welfare services such as healthcare, schooling and daycare are provided or subsidised by the Danish state. This means that Danes have a high living standard compared to many other countries.   

See estimated average living costs for daily expenses on the Staff Portal