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Cost of living in Denmark

Discussion forum for expats moving to or living in Denmark.

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Cost of living in Denmark

Post Posted: Sat May 30, 2009 4:21 pm

HI,

Can someone advice me on the COL of the Denmark in copenhengan, considering a family of 3 members, including one kid of 2.5 years.
Also please if someone could tell the tax structure taking that salary is 35-40K DKK per month.

Thanks,

Rekha

 

Rekha27
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Re: Cost of living in Denmark

Post Posted: Sun May 31, 2009 5:45 am

The short answer is that the cost of living in Copenhagen is rated as amongst the highest in the world, and certainly much higher than other Danish cities, but wages are considerably higher too.
Perhaps it's also worth considering that Danish social services, education and health care are amongst the most comprehensive in the world.
I suppose it depends on what you are used to, but just as in any other city, if you avoid the tourist traps and fashionable areas, the cost of living decreases dramatically - It pays to shop around.
If you have more specific questions, I'd be happy to try and answer them.

Regarding tax, it's not as simple as a bottom line % for all, because everyone's personal circumstances are taken into account, including how long you are staying for, and it is generally all-inclusive (no extras for health, schools etc).
Having said that, a ballpark tax rating for the average person with no special circumstances would be around 50% or more for that salary.


_________________

The secret of getting things done is to act.

Dante Alighieri

 

redtree999
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Re: Cost of living in Denmark

Post Posted: Sun Jun 07, 2009 9:40 pm

Thanks Dante,

I am being offered 35k DKK pm as salary, please could you advise me how much i can save net of tax and COL, considreing a family of 3 with an aveage standard of living and plaaning to be there for arnd a year.

 

Rekha27
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Newbie
 
 
  
Re: Cost of living in Denmark

Post Posted: Tue Jul 28, 2009 11:44 pm

Sorry for the delay, I thought you would have noticed that the best answer I can give to your question is within my post above.

It is complicated system. Here is a link that may help - Danish Tax translated information:

www.skat.dk/SKAT.aspx?...3873&vID=0


_________________

The secret of getting things done is to act.

Dante Alighieri

 

redtree999
Newbie
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