Cost of living in Sweden

Sweden has one of the higher costs of living in Europe, especially in major cities such as Stockholm, Gothenburg, and Malmo.

» Published: December 20 2024

Cost of living in Sweden
Photo: Södermalm Stockholm Winter - Envato

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Housing challenges

Housing is one of the major problems that many foreign diplomats encounter in Sweden. The monthly rent in a big city like Stockholm in Sweden for example is quite different from what it would be expected in the outskirts, the metropolitan centers are always too high. For example, in Stockholm, a single-bedroom self-contained apartment takes up a big chunk of one’s salary. Renting property is no easier. There are waiting lists for properties and the best locations are always fully occupied.

Apart from the above mentioned factors, factors like expense on gas, electric or water bills also adds to the cost of living. As expected, heating is still the highest bill for most households in winters even though most homes are quite energy proofed which Sweden is known for. Internet and mobile phone services are modern and reliable and cost will impact on a monthly budget (Internations).

Buying food and restaurants

The costs associated with food and groceries represent a different area of expense in Sweden. It is true that Swedish supermarkets have good availability of fresh fruits, vegetables, meat, and dairy items but costs could be expensive than most countries in the European region. It is expensive too when it comes to dining out especially in cities where even a simple dish can cost an arm and a leg. However, for these individuals, it is possible to cut costs on groceries when shopping by visiting discount shops or eating local when the choice exists.

Transport

Transportation expenses in Sweden are affordable on average but the figures differ based on one’s locality. In urban centers, public transport systems comprise buses, trams, and metros which are okay though may be expensive in the long run due to monthly passes. In the countryside of Sweden where public transit is less well-frequented, people tend to have cars and therefore incur other costs such as petrol, insurance, and servicing.

High quality publice services

Nevertheless, Sweden also provides high-quality public services which can ease the effect of the high cost of living. The health services in the country are comprehensive and offered by the state which ensures that all the people have access to health care services at an affordable price. To add on, education in Sweden is offered for free, to include university education for the citizens and residents of the EU/ EEA. It offers competitive parental leave and child benefits policies making it ideal to live in Sweden especially for families where the cost of living is high (Internations).

Source: InterNations

Author

Shqiponja RamaS
By Shqiponja RamaFeature Writer

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