Luxembourg, being one of the smallest countries in Europe, is striking with its high cost of living. Situated in the heart of the continent, this small Grand Duchy is known not only for its history and culture but also for the elevated prices of living. Let's explore why the cost of living in Luxembourg is considered one of the highest in the world.
Cost of living in Luxembourg for a permanent resident
The average cost of living in Luxembourg City is $2259, which is in the top 11% of the most expensive cities in the world.
Cost of living Luxembourg on Reddit
John from Luxembourg says: "Food expenses can be kept relatively low, around 250€ per month, if one opts for cooking at home or indulging in fast food. Dining out at restaurants, with an average bill of 20€ per meal, could escalate monthly costs to approximately 600€ for those who frequently choose this option.
Turning to housing prices, the market reveals relatively modest figures, such as 500,000€ for a small apartment with a single bedroom, and 400,000€ for charming vintage houses that may have a shorter lifespan of around five years. Exploring the northern areas may provide a slight discount, averaging around 80,000€ less, though luck plays a role."
Turning to housing prices, the market reveals relatively modest figures, such as 500,000€ for a small apartment with a single bedroom, and 400,000€ for charming vintage houses that may have a shorter lifespan of around five years. Exploring the northern areas may provide a slight discount, averaging around 80,000€ less, though luck plays a role."
Rent room in Luxemburg on Reddit
Bill from Luxembourg says: "Renting a one-bedroom apartment typically consumes a minimum of 50% of their income, ranging from 1400 euros per month for a renovated unit to 2000 euros per month for an unrenewed one built in this century. Additional expenses, such as electricity and other charges, are not included.
Living in the city of Luxembourg comes with higher price tags. Renting just a bedroom can cost around 600 euros per month. For those who prefer not to subscribe to the "sharing is caring" philosophy, studio apartments are available for approximately 1000 euros per month, consisting of both a bedroom and a bathroom. Those desiring more space, including a personal kitchen and at least 50m², can find options for around 1600 euros per month."
Living in the city of Luxembourg comes with higher price tags. Renting just a bedroom can cost around 600 euros per month. For those who prefer not to subscribe to the "sharing is caring" philosophy, studio apartments are available for approximately 1000 euros per month, consisting of both a bedroom and a bathroom. Those desiring more space, including a personal kitchen and at least 50m², can find options for around 1600 euros per month."
Cost of living in Luxembourg for international students
Indulging in the luxurious lifestyle that Luxembourg offers comes at a price. As a student, be prepared to allocate between 700 and 1,500 euros each month to meet your living expenses.
Living concept Luxembourg
Consistently ranking among the countries with the highest standards of living globally, Luxembourg provides its citizens with comfortable conditions for both living and working, thanks to factors such as economic affluence and high employment rates.
Living in Luxembourg: pros and cons
Cons:
Pros:
- Lucrative salaries.
- Affordable petrol and alcohol.
- High levels of safety.
- Welcoming atmosphere for expats and foreigners.
- Overall safety is a notable feature.
Pros:
- Steep real estate costs for both renting and buying.
- Elevated expenses for various services like hairdressing, dentistry, and car repairs.
- Perceived as conservative and potentially unexciting, evident in Sunday closures of shops and, in some cases, restaurants.
Living of Luxemburg on Reddit
Kim from Luxembourg says: "Very expensive in every way. shit weather. outside of the capital it's mostly just glorified villages where a house inexplicably still costs a million euros. if you have a good 80k job it's just like any other place in europe, though i'd rather make 80k in berlin or something, housing will cost close to the same and you get a much more interesting place to live in."
Cost of living in Luxembourg vs US
Comparison of Living Costs and Indicators between Luxembourg and the United States:
Cost of Living (One Person):
Cost of Living (Family):
Rent (One Person):
Rent (Family):
Food Expenses:
Transport Expenses:
Monthly Salary After Tax:
GDP Per Capita:
Human Freedom Index:
Life Expectancy:
Corruption Perceptions Index:
English Speaking Percentage:
Higher Education Index:
Quality of Life:
Cost of Living (One Person):
- Luxembourg: $2,196
- United States: $2,434
Cost of Living (Family):
- Luxembourg: $5,016
- United States: $5,606
Rent (One Person):
- Luxembourg: $1,419
- United States: $1,567
Rent (Family):
- Luxembourg: $2,512
- United States: $2,757
Food Expenses:
- Luxembourg: $552
- United States: $606
Transport Expenses:
- Luxembourg: $79.6
- United States: $106
Monthly Salary After Tax:
- Luxembourg: $4,471
- United States: $4,759
GDP Per Capita:
- Luxembourg: $126,000
- United States: $76,399
Human Freedom Index:
- Luxembourg: 8.53
- United States: 8.23
Life Expectancy:
- Luxembourg: 82.7 years
- United States: 76.3 years
Corruption Perceptions Index:
- Luxembourg: 77
- United States: 69
English Speaking Percentage:
- Luxembourg: 57%
- United States: 95.5%
Higher Education Index:
- Luxembourg: 80
- United States: 100
Quality of Life:
- Luxembourg: 92
- United States: 86
