Denmark is an expensive country, but the standard of living is also among the highest in the world. Denmark's no tuition fee policy is desirable to EU students; living costs are generally higher than in most places, well above the European average. To meet these costs, you must carefully budget your monthly expenses.
A rough estimate of your monthly living costs in Denmark would reach from 750 to 900 EUR per month. Copenhagen is more expensive than other smaller cities in Denmark, and the living cost may go as high as 1200 EUR per month.
The cost of living varies according to the city and university you choose to study. Also, spending habits play a significant role in saving up for a good living as an international student.
Finding a suitable, safe, and budget-friendly place to live while studying in a foreign country is essential for any international student. Accommodation accounts for the most significant monthly expense for any international student.
You will have to pay an average of 300 to 500 EUR per month for accommodation and utilities. In Copenhagen it can go as high up as 800 EUR per month as the living cost here is comparatively higher than in other cities.
Getting student accommodation from the university is not always easy; only a few students in Denmark can get a place to live provided by the university. Living within the student residence halls will cost you around 300 to 350 EUR per month.
Most of the time, renting a flat is applied to the cost of services, so it's wise. It would be best if you accounted for these increased costs. Three months' rent is expected when searching for a flat as the initial rent deposit.
If you are a student, most colleges or universities have housing in university dormitories for foreign students (where single rooms or shared rooms).
Most of the students in Denmark use bikes to get to their university. Depending on its condition, you can also purchase a second-hand bike from 30 to 135 EUR. Others also prefer taking public transportation for the commotion. The cheapest monthly public transport pass costs around 50 EUR per month.
Average food expenses in Denmark will cost you around 200 to 270 EUR per month, depending on your food habits and preferences. You can save a lot and control your food expenses by cooking independently and shopping for groceries at various supermarkets that offer weekly discounts.
Dining out in the city is approximately costs 25 EUR per person, and a beer or a soft drink at a bar is around 5 EUR.
Your busy student life also needs and demands some relaxation and entertainment, for you can visit various parks, gardens, and museums. Denmark also hosts various festivals that thousands of people visit every year. You can find yourself spending around 26 to 30 EUR on entertainment.
Make sure to keep aside some money for partying and clubbing. Some clubs have free entrance, whereas some may cost you 13 to 14 EUR.
These include the extra expenses you might need for your books and supplies, which will cost you around 20 to 21 EUR. Other personal expenses, including internet, and TV licence, amount to 34 EUR per month.
Keep aside some money for these expenses to use when needed.
Spend wisely and cut down expenses for the least essential things so that you can save and use the money in need.