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Denmark, Copenhagen

Overview

Denmark, CopenhagenCountry Full Name: Kingdom of Denmark.

Location: Denmark is in Northern Europe, bordering the Baltic Sea and the North Sea, on a peninsula north of Germany (Jutland); also includes two major islands (Sjaelland and Fyn).

Country Climate: Temperate; humid and overcast; mild, windy winters and cool summers.

Country Terrain: Low and flat to gently rolling plains.

Major Languages: Danish.

Major Religions: Christianity.

Population: 1.9 Mil (2012 est.).

Country Economy: The economy of Denmark is a mixed economy with very few natural resources that relies almost entirely on human resources. The service sector makes up the vast amount of the employment and economy. Its industrialized market economy depends on imported raw materials and foreign trade.

Currency: Danish Krone (DKK). Make an international currency transfer to Denmark.

Inflation: 2.6% (2011 est.).

Copenhagen is the capital and largest city of Denmark.

Copenhagen is the economical and financial centre of Denmark and also a strong business and economic centre in the Scandinavian-Baltic region.


Cost Of Living

The cost of living in Copenhagen in Denmark is very high compared to other places. The overall cost of living is determined using the prices for defined quantities of the same goods and services across 13 Basket Groups. Copenhagen in Denmark is currently ranked 33 overall out of 780 places (rank 1 is most expensive: rank 780 is least expensive). The cost of living rank for each of the 13 Basket Groups is as follows:

Alcohol & Tobacco costs are high compared to other places for items such as alcohol at a bar, beer, locally produced spirit, whiskey, wine (where alcohol is legally sold) and tobacco related products. There are 194 places that are more expensive, and 585 places that are less expensive for alcohol and or tobacco.

Clothing costs are very high compared to other places for items such as business suits, casual clothing, children's clothing, coats, evening wear, footwear, hats, shoe repairs and underwear. There are 64 places that are more expensive, and 715 places that are less expensive for clothing.

Communication costs are high compared to other places for various communication costs such as call charges, home telephone rental, internet connection, mobile data costs, mobile phone contract and service provider fees. There are 310 places that are more expensive, and 469 places that are less expensive for communication.

Education costs are very low compared to other places for items such as creche / pre-school fees, primary school fees, high school fees and tertiary study fees. There are 637 places that are more expensive, and 142 places that are less expensive for education.

Furniture & Appliance costs are very high compared to other places for items such as DVD player, fridge freezer, furniture, household equipment, iron, kettle, light bulbs, microwave, television, toaster, vacuum cleaner and washing machine. There are 22 places that are more expensive, and 757 places that are less expensive for furniture and appliances.

Grocery costs are very high compared to other places for items such as baby consumables, baked goods, baking, canned foods, cheese, cleaning materials, cleaning products, dairy, fresh fruits, fresh vegetables, fruit juices, meat, oil & vinegars, pet food, pre-prepared meals, sauces, seafood, snacks, soft drinks, spices & herbs. There are 7 places that are more expensive, and 772 places that are less expensive for groceries.

Healthcare costs are very high compared to other places for general healthcare, general practitioner consultation rates, healthcare/medical insurance, hospital private ward daily rate and non-prescription medicine. There are 77 places that are more expensive, and 702 places that are less expensive for healthcare.

Household Accommodation costs are very high compared to other places for items such as accommodation, apartment, flat, house, villa, rent, electricity, household fuels, household gas, water, and local property rates / residential taxes / levies. There are 91 places that are more expensive, and 688 places that are less expensive for household accommodation.

Miscellaneous costs are very high compared to other places for items such as dry cleaning, general goods, general services, linen, magazines, maid, newspapers, office supplies, postage stamps and stationery. There are 34 places that are more expensive, and 745 places that are less expensive for miscellaneous items.

Personal Care costs are high compared to other places for items such as cosmetics, hair care, moisturizer, nappies, pain relief tablets, shampoo, soap, sun block, toilet paper and toothpaste. There are 253 places that are more expensive, and 526 places that are less expensive for personal care.

Recreation and Culture costs are high compared to other places for items such as books, camera, cinema tickets, fitness/health club membership, sports goods and theatre tickets. There are 247 places that are more expensive, and 532 places that are less expensive for recreation and culture.

Restaurants, Meals Out and Hotel costs are very high compared to other places for items such as a business dinner, dinner at a family restaurant (non fast food), 4 star and 5 star hotel rates and take away meal (fast food). There are 54 places that are more expensive, and 725 places that are less expensive for restaurants, meals out and hotels.

Transport costs are very high compared to other places for items such as car hire purchase, car insurance, car lease, car maintenance, car rental, car service, diesel, petrol, tyres and public transport. There are 7 places that are more expensive, and 772 places that are less expensive for transport.

Personalized cost of living indexes for Copenhagen in Denmark are based on the basket groups and comparison location(s) selected in the Calculators.

In terms of the hardship people are likely to experience, assessed in global terms, Copenhagen in Denmark is ranked as minimal hardship with a hardship index of 10%.

Personalized hardship index premiums for Copenhagen in Denmark are based on the comparison location(s) selected in the Calculators.

Note: Xpatulator.com data is updated quarterly. The latest update is as at 1 April 2012. Create a personalized cost of living comparison report using the calculators:
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