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Cost of Living in Sweden for Indian Expatriates

Cost of Living in Sweden for Indian Expatriates

Life in Sweden

Sweden, known for its high quality of life, progressive society, and stunning natural landscapes, is an attractive destination for many Indian expatriates seeking new opportunities abroad. However, before making the move, it's essential to understand the intricacies of the cost of living in this Scandinavian country. In this comprehensive guide, we'll explore the various aspects of living expenses in Sweden, comparing them with those in India and providing practical insights for managing finances effectively.

Cost of Living in Sweden

The cost of living refers to the amount of money required to maintain a certain standard of living in a particular location. The cost of living in Sweden expenses is related to housing, food, transportation, utilities, healthcare, education, and leisure activities.

Cost of Living in India Vs Sweden

Let's begin by comparing the cost of living in Sweden with that in India. According to recent data:

A family of four in Sweden incurs an estimated monthly cost of 289,509.3₹ (37,391.2kr) without rent, whereas a single person's monthly expenses amount to 78,955.0₹ (10,197.3kr) without rent.

The cost of living in Sweden is, on average, 175.7% higher than in India, with rent being a significant contributing factor, being 271.7% higher on average

(Read More: How much is the tuition fees for international students in Sweden?)

Housing Costs in Sweden Vs India

Housing expenses in Sweden vary depending on factors such as location, size, and amenities. Here's a breakdown:

Rent for a one-bedroom apartment in the city center ranges from 7,000.00kr to 18,000.00kr per month, while outside the center, it ranges from 5,000.00kr to 12,000.00kr.

The price per square meter to buy an apartment in the city center is approximately 57,460.55kr, compared to 35,167.64kr outside the center.

Food and Grocery Expenses in Sweden Vs India

The cost of groceries and dining out in Sweden is generally higher than in India. Here are some price comparisons:

Item Sweden (kr) India (₹)

Milk (1 liter)

16.13

60

Loaf of Fresh White Bread (500g)

29.18

30

Chicken Fillets (1kg)

121.25

300

Rice (1kg)

36.01

45

Meal, Inexpensive Restaurant

125.00

200

(Read More: Why should you consider studying master’s in Sweden?)

Transportation Expenses in Sweden Vs India

Transportation costs in Sweden include public transport fares, taxi tariffs, and vehicle-related expenses:

Item Cost (kr)

Monthly Pass (Public Transport)

835.00

One-way Ticket (Local Transport)

35.00

Gasoline (1 litre)

19.49

Taxi Start (Normal Tariff)

61.00

Taxi 1km (Normal Tariff)

20.00

(Read More: Top 10 Highest paying jobs in Sweden for International students)

Utilities and Communication Costs in Sweden Vs India

Utilities such as electricity, water, heating, and communication services contribute to monthly expenses: 

<
Item Cost (kr)

Basic Utilities for 85m2 Apartment

1,102.84

Mobile Phone Monthly Plan

287.95

Internet (60 Mbps or More, Unlimited)

325.67

Healthcare and Education Costs in Sweden Vs India

Sweden offers high-quality education systems and healthcare system, but they come with associated costs:

<
Item Cost (kr)

Preschool (Monthly for 1 Child)

1,413.43

Average Monthly Net Salary

29,779.45

Entertainment and Leisure Expenses in Sweden Vs India

Entertainment options in Sweden come at a price:

Item Cost (kr)

Fitness Club Monthly Fee

385.69

Cinema Ticket (International Release)

150.00

(Suggested Read: Check out the best tips for living in Sweden)

How to Manage Expenses in Sweden?

To make the most of your budget in Sweden, consider the following tips:

Conclusion

In conclusion, while the cost of living in Sweden may be higher compared to India, the country offers a high standard of living, excellent healthcare and education systems, and abundant opportunities for personal and professional growth. By understanding and effectively managing expenses, Indian expatriates can enjoy a fulfilling life in this beautiful Nordic nation.

 


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