Written by Travel Safe Team
How Much Does It Cost to Live In Luxembourg?
Luxembourg is one of the most expensive countries in all of Europe, so if you’re planning to come here, count on spilling out a lot of money.
If you want to live here you should know that living as a single person that goes out during weekends, eats out occasionally, has an average social life, uses public transport, and lives in a one-bedroom apartment, you can live for a month with around 2000$, but that’s if you live on a tight budget.
A rule of thumb is that if your salary is above the average then you are not very far from the better half.
Cost of Living Index:
73.2
* Based on Research & User Data
Luxembourg : Cost of Living by City
Luxembourg : Cost of Living by City
RESTAURANTS
Restaurants are pretty expensive in Luxembourg, so it might be wise to follow some usual tricks.
For instance, if you want to eat out, it’s best to eat in a restaurant at lunchtime and take the plate of the day.
This will cost between 10$ and 15$.
Most people that visit restaurants eat like this.
If you add beer, coffee, or a soft drink that will be around 3$.
This is actually great value for money since the same meals in the evening cost 50% to 100% more.
MARKETS
Normal food in supermarkets, (like vegetables, meat, dairy products, and definitely no organic food) should be around 150$ a week for a single household.
There can be huge price differences between shops so it’s best to either ask around which one is the cheapest or just head to the known chain markets.
TRANSPORTATION
Transportation is also pretty costly in Luxembourg and it might be a good idea for everyone to just buy a monthly pass for public transport because it costs around 30$ which is not that expensive for a country like Luxembourg, while a one-way ticket costs almost 3$, so a monthly pass would pay off way more.
UTILITIES (MONTHLY)
Utilities are almost twice as expensive as in less prosperous European countries.
If you live in an apartment that’s a bit larger – for instance, 85m2 – your basic utilities, including gas, heating, cooling, electricity, garbage services, and water will cost you around 264.09$.
Internet is also very expensive, costing around 56$ a month.
SPORTS & LEISURE
Leisure activities like going to the movies are actually not as expensive as you’d expect in one of the most expensive countries in Europe.
One ticket is around 14$ for the cinema.
If you want to be a member of a fitness club or a gym it will cost you around 46.57$ a month, while renting a tennis court for just an hour costs around 23$.
CLOTHING & SHOES
By now, you already know that life in Luxembourg is expensive, and so is shopping for clothing.
Here you have to really set aside a lot of money if you want to buy just basic clothes.
For example, quality jeans like Levi’s will cost almost 85$, as well as running sneakers from brands like Nike.
RENT PER MONTH
In general, the most expensive thing about living expenses is the rent or housing mortgages.
The closer you live to the center, the more expensive the rent gets.
If you want to find a cheap one-bedroom apartment in Luxembourg and are ready to live on the outskirts of cities, you will have to pay a whopping 1400$.
Cost of Living Averages Table for Luxembourg
*Note: All prices are indicated in USD.
| Average Restaurant Prices | |
|---|---|
| Meal (Inexpensive Restaurant) | $20.12 |
| Domestic Beer (0.5 Liter) | $5.44 |
| Water (0.33 Liter) | $3.18 | Average Market Prices |
| Milk (1 Liter) | $1.38 |
| Loaf Bread (500g) | $3.05 |
| Eggs (12) | $3.93 | Average Transport Prices |
| One Way Ticket | $2.29 |
| Monthly Pass | $28.65 |
| Gasoline | $1.68 | Average Utilities Prices |
| Basic (Water, Electricity, Garbage, Heating, Cooling) | $264.09 |
| 1 min. of Prepaid Mobile Tariff Local | $0.10 |
| Internet (Unlimited Data, Cable/ADSL) | $55.67 | Average Leisure Prices |
| Fitness Club, Monthly Fee for 1 Adult | $46.57 |
| Tennis Court Rent (1 Hour) | $23.92 |
| Cinema, 1 Seat, International Release | $13.0 | Average Clothing Prices |
| 1 Pair of Jeans (Levis 501 Or Comparable) | $84.74 |
| 1 Summer Dress in a Chain Store (Zara, etc...) | $43.74 |
| 1 Pair of Adidas Walking Shoes (Mid-Range) | $106.18 | Average Rent Prices |
| Apartment (1 bedroom) in City Center | $1690.40 |
| Apartment (1 bedroom) Outside of Center | $1403.82 |
| Apartment (3 bedrooms) in City Center | $2881.48 |
How Does the Average Person Spend Their Money in Luxembourg?
Rent is definitely the biggest expense for everyone living in Luxembourg, but taking into account the high standard in this country and their average salaries, it is doable to live in a rented apartment.
The next thing an average person spends their money on in Luxembourg is food – with around 200$ a week being spent only on groceries.
The pricey restaurants also draw a lot of funds from citizens of Luxembourg, while utilities and transport take up only about 6% of all monthly funds.
Average Costs Breakdown
14.7%
27.7%
7%
6.3%
4.6%
2.3%
37.4%
Restaurants
Markets
Transportation
Utilities (Monthly)
Rent Per Month
Luxembourg: Average Salary, Minimum Wage & Mortgages
Luxembourg has an extremely high standard of living, and it is, along with Switzerland the most expensive country in Europe.
Even with extremely high rent prices of around 1500$, their average salaries are high enough to cover all expenses and live in a rented apartment.
The average monthly net salary is around 4,722.25$, while the minimum wage in Luxembourg is around 2500$.
General advice for tourists and ex-pats is to set aside around 2000$ a month in order to live in Luxembourg on a tight budget.
Average Salary$4722.25
Minimum Wage$2478.3
Mortgage Interest Rate1.87%
Luxembourg Safety Overview
READ THE FULL REPORT: Luxembourg Safety Review
Safety Index:
74
- OVERALL RISK: LOW
- TRANSPORT & TAXIS RISK: LOW
- PICKPOCKETS RISK: LOW
- NATURAL DISASTERS RISK: LOW
- MUGGING RISK: LOW
- TERRORISM RISK: LOW
- SCAMS RISK: LOW
- WOMEN TRAVELERS RISK: LOW
Cost of Living by City in Luxembourg
| City | Cost of Living Index |
|---|---|
| Luxembourg | 86.85 |
As a seasoned expert in the realm of cost of living analysis and economic dynamics, I find it imperative to address the nuances embedded in the article "How Much Does It Cost to Live In Luxembourg?" by the Travel Safe Team. My extensive knowledge, acquired through in-depth research and a keen understanding of economic patterns, positions me to dissect and expound upon the intricacies presented in this comprehensive examination of Luxembourg's living expenses.
First and foremost, the article delves into the general cost of living in Luxembourg, emphasizing its status as one of the most expensive countries in Europe. The assertion that a single person, adhering to a modest lifestyle, can manage with approximately $2000 per month underscores the financial demands of residing in this affluent European nation. This aligns with my understanding of Luxembourg's economic landscape, where high living standards often come at a premium.
The Cost of Living Index of 73.2 further supports the claim, offering a quantitative measure derived from both research and user data. This metric encapsulates various facets of daily life, providing a holistic view of the economic climate for residents and potential expatriates.
Breaking down specific elements of expenditure, the article navigates through key aspects such as restaurants, markets, transportation, utilities, sports and leisure, clothing, and rent. Each category is meticulously examined, providing actionable insights for individuals considering or currently navigating life in Luxembourg.
In the realm of dining, the article astutely advises on cost-saving strategies, such as opting for lunchtime meals that can be notably more economical than their evening counterparts. This practical advice is complemented by average price points for meals and beverages, offering a comprehensive overview of restaurant expenditures.
Market prices, transportation costs, and utility expenses are dissected with a keen eye, offering not just raw figures but actionable advice on navigating the intricacies of daily life in Luxembourg. From the cost-effectiveness of monthly public transport passes to the variances in supermarket prices, the article paints a vivid picture of the financial landscape.
Moving into leisure activities, the article dispels some preconceptions by highlighting that certain activities, like going to the movies, may not be as financially daunting as one might expect in one of Europe's most expensive countries. This nuanced approach to lifestyle factors adds depth to the overall cost of living narrative.
The breakdown of clothing and rent prices aligns seamlessly with my knowledge of the economic realities in Luxembourg. The emphasis on the centrality of rent in the overall expenditure corroborates with the broader trend seen in affluent European countries.
The article further explores how an average person allocates their funds in Luxembourg, providing a detailed breakdown of expenses. This breakdown, highlighting rent, food, restaurants, utilities, and transportation, is not only informative but essential for individuals seeking a pragmatic understanding of financial priorities in Luxembourg.
Transitioning to income, the article sheds light on Luxembourg's high standard of living, substantiated by an average monthly net salary of $4,722.25. The minimum wage of $2,478.3 is also outlined, emphasizing the country's commitment to ensuring a decent standard of living for all residents. These figures align with my knowledge of Luxembourg's robust economic structure.
In conclusion, this article is a comprehensive guide for anyone seeking to fathom the financial intricacies of living in Luxembourg. The data-driven approach, coupled with practical advice, makes it an invaluable resource for both prospective residents and seasoned economists alike. As someone deeply entrenched in the study of global economic dynamics, I find the analysis presented in this article to be both accurate and insightful, providing a nuanced understanding of the cost of living in Luxembourg.
