Cost of Living in Stockholm

Affordability Analysis: Living in Stockholm

Stockholm, Sweden has a combined Cost of Living plus Rent Index of 51 (compared to New York City's baseline of 100). This places Stockholm in the moderately affordable range — significantly cheaper than major Western capitals, though not as budget-friendly as some Southeast Asian or Latin American hubs.

Housing Costs in Stockholm

Rent is typically the largest single expense for anyone relocating to Stockholm. A one-bedroom apartment in the city center currently averages $1,449/month, while the same apartment outside the center drops to approximately $1,139/month — a 21% saving. Rental costs in Stockholm are substantial and represent a major portion of most budgets. Sharing accommodation or choosing suburban areas can significantly reduce this expense.

Food & Daily Expenses

With a Groceries Index of 59.6 and a Restaurant Price Index of 62.4, food in Stockholm falls in the moderate range. A monthly grocery budget of $339 covers essentials, and a typical restaurant meal costs $17. Mixing home cooking with occasional dining out keeps food costs manageable.

Getting Around & Utilities

Public transportation in Stockholm costs approximately $93/month for a transit pass, a significant monthly expense that adds up for daily commuters. Basic utilities (electricity, heating, water, garbage collection) for a standard apartment average $103/month. Utilities are in the typical global range and shouldn't cause budget surprises.

Who Should Consider Stockholm?

Stockholm offers a balanced proposition: reasonable costs with solid infrastructure and quality of life. At $2,779/month for a comfortable lifestyle, it attracts a mix of expats, international students, and professionals on international assignments. The city strikes a good balance between affordability and amenities.