Denmark: average rent price of residential property 2022 | Statista (2024)

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Average rent price of residential property in Denmark from 2014 to 2022 (in DKK per square meter)

CharacteristicAverage rent in DKK per square meter
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Denmark: average rent price of residential property 2022 | Statista (2024)

FAQs

Denmark: average rent price of residential property 2022 | Statista? ›

Costs of renting (per month)

A room for a single person in a shared flat costs between DKK 4,000 to DKK 6,000. Small studios or apartments (1-2 rooms + kitchen and bathroom) are highly in demand. They can be rented to a single person or a couple without children and cost between DKK 8,000 to DKK 10,000.

What is the average rent cost in Denmark? ›

Costs of renting (per month)

A room for a single person in a shared flat costs between DKK 4,000 to DKK 6,000. Small studios or apartments (1-2 rooms + kitchen and bathroom) are highly in demand. They can be rented to a single person or a couple without children and cost between DKK 8,000 to DKK 10,000.

What is the average price of property in Denmark? ›

In April 2022, the average price of a home in Denmark was 2,656,115 DKK. Near the city center, apartments typically cost 35,438 DKK per square meter. Units farther out typically cost 24,798 DKK per square meter. Accordingly, the national average price per square meter is 16,507 DKK.

How much does it cost to live in Denmark in US dollars? ›

WARNING!
Food
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal areakr16,478($2,365)
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flatkr3,264($469)
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive areakr9,811($1,408)
60 more rows

Is housing expensive in Denmark? ›

The median sale price of a home in Denmark was $240K last. 0% since last year. The median sale price per square foot in Denmark is $164, up 5.1% since last year.…

Is Denmark cheaper than the US? ›

The median cost of living in the second- and third-most expensive states in the U.S. is $3,155 and $3,126, respectively. That's only slightly less than the $3,176 that's needed to get by in Denmark.

How much money do you need to live comfortably in Denmark? ›

While the average salary in Copenhagen is 52,000 Kr per month, a good salary in the city is considered to be around 40,000 Kr before tax. This works out to around 26,000 Kr after tax, and is considered by locals to be the minium one would need to live alone and have additional spending money.

Can a US citizen buy a house in Denmark? ›

If you are a non-EU/EEA citizen, you must apply to the Ministry of Justice for permission to buy real estate in Denmark. When the Ministry of Justice has received all the information necessary to consider an application, the expected processing time is usually about 4 weeks.

Is it difficult to buy a house in Denmark? ›

Despite the country's reputation for liberalism, there are many restrictions on foreigners buying property in Denmark. It can be quite difficult, as there are many conditions you'll need to meet.

Do you pay property tax in Denmark? ›

When you own real property in Denmark, you must pay both property tax to the municipality (tax on the land value of the property) as well as property value tax (tax on the full property value, both land value and building value, based on the public property assessment) via your tax assessment notice.

How much is $100 US in Denmark? ›

US Dollars to Danish Kroner conversion rates
USDDKK
100 USD695.85 DKK
500 USD3,479.27 DKK
1,000 USD6,958.54 DKK
5,000 USD34,792.73 DKK
7 more rows

Can a US citizen retire in Denmark? ›

Denmark does not offer a retirement visa, so you will have to get a student visa, a work visa or be a Danish citizen's partner. The most common option for American retirees is the worker or partner visa, the latter of which is relatively straightforward.

How much is a gallon of gas in Denmark in US dollars? ›

Company Matches
NationCityPrice in USD Regular/Gallon
DenmarkCopenhagen$5.93
BelgiumBrussels$5.91
SwedenStockholm$5.80
United KingdomLondon$5.79
32 more rows

What is the average rent in Denmark? ›

As of 2022, the average rent in Denmark was approximately 874 Danish kroner per square meter. This was an increase from the previous year when the average rental cost was 857 Danish kroner. Compared with other countries in the Europe, Denmark had one of the lowest home ownership rates in 2021.

What is the minimum wage in Denmark? ›

For example, there is no legal minimum wage in Denmark. Instead, the relatively high wages are set as part of the regular negotiations between the employers and labour unions. Around 67 % of Danish workers are union members.

What is the average salary in Denmark? ›

The average employee in Denmark earns DKK 46,972 per month before taxes. The amount includes pension and is calculated by the so-called standardised hourly earnings translated to a full-time monthly salary. In 2022, Danes had a median net worth of DKK 701,429 after subtracting liabilities from assets.

How much is a meal in Denmark in US dollars? ›

Here are some general price ranges in US dollars per meal for different food options in Denmark: Street food or fast food: $5 - $10. Casual dining or local restaurants: $10 - $20. Mid-range restaurants: $20 - $40.

Is Denmark expensive to retire? ›

Retiring in Denmark has many intricacies. In general, it's more expensive than in the U.S. But your Social Security and, if you have it, a pension could cover the costs. You can estimate your benefit amount with this Social Security calculator.

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