Cost of living in Sweden, prices and what it is like to live for an Expat, quality of life / hardship, and compare cost of living for Expatriates as at July 2023.

What is it like to live in Sweden?

Climate: The climate is temperate in the south with cold, cloudy winters and cool, partly cloudy summers, but subarctic in the north.

Language: The official language is Swedish. It is closely related to Norwegian and Danish, which many Swedes can understand. English is widely spoken; German and French are less common. Attempting a few polite phrases in Swedish will be appreciated.

Religion: Christianity.

Economy: The economy of Sweden is an export-oriented mixed economy featuring a modern distribution system, excellent internal and external communications, and a skilled labour force. Timber, hydropower, and iron ore constitute the resource base of an economy heavily oriented toward foreign trade. Sweden's engineering sector accounts for 50% of output and exports. Telecommunications, the automotive industry and the pharmaceutical industries are also of great importance.

Inflation: 9.3% for Sweden as at July 2023.

Money: The currency of Sweden is the Swedish Krona (SEK). Banking is on a par with the rest of Western Europe and North America.

Tax: In Sweden is based on the current personal income tax rates, comprising comprise National (0%-20%) and Municipal income tax (Average 32%), progressive up to 52%.

Population: 10.1 Million (2022 est.)

Expat Life: Expatriates should dress professionally, at least at first, however many Swedes are comfortable wearing smart casual clothing. The safety risk for expatriates in Sweden is low. Risks include low levels of petty crime and the underlying threat of terrorism.

Health Care: Health care facilities are good, however the cost of treatment for expatriates from outside the EU can be high.

Sweden covers all areas within the country other than Stockholm.

Cost Of Living

What is the cost of living in Sweden?

The cost of living for expatriates in Sweden as at July 2023 is average in comparison to other places in the world, with an overall Cost of Living Index (COLI), for all 13 basket groups, of 70.87 (New York =100). We have collected prices for the same items, world wide, based on Expat spending norms, in or closest to the location, and converted them to $USD so that we can compare the cost of 13 different baskets in 780 global locations. For each basket, compared to New York, the equivalent cost in Sweden is as follows:

1) Alcohol and/or Tobacco: Cost is average for items such as beer, spirits, wine and tobacco related products such as cigarettes. A basket costing USD$1,000 in New York costs USD$650. Average price in a store for a midrange bottle of wine is USD$12.21, domestic/local beer (500ml) USD$8.54, imported/international beer (330ml) USD$2.55 and a pack of 20 cigarettes is USD$8.54.

2) Clothing: Cost is average for items such as business, casual and children's clothing and footwear. A basket costing USD$1,000 in New York costs USD$830. Average price for an international brand of mens jeans is USD$83, a quality international brand of running shoes USD$86, mens leather shoes suitable for office wear USD$120 while a medium size international summer dress from a global chain store is USD$36.

3) Communication: Cost is average for various communication costs such as home telephone rental, internet subscription, mobile service provider tariff and data costs. A basket costing USD$200 in New York costs USD$134. Average price for a monthly standard plan internet subscription is USD$29, while the benchmark mobile tariff is USD$28.07 per minute.

4) Education: Cost is average for items such as creche / pre-school fees, primary school fees, high school fees and tertiary study fees. A basket costing USD$30,000 in New York costs USD$24300. Average annual private international school fee (excluding extras) USD$15,701 for Primary School, and USD$17,472 for High School.

5) Furniture & Appliances: Cost is average for items such as dining table and chairs, home entertainment, kitchen appliances, and sofas. A basket costing USD$2,500 in New York costs USD$2100. Average price for a 6kg front loader Washing Machine is USD$703, and USD$604 for a 46+'' LED UHD TV.

6) Groceries: Cost is average for items such as consumables, cleaning products, dairy, fresh fruit & vegetables, general food products, snacks, soft drinks. A basket costing USD$1,000 in New York costs USD$690. Average grocery prices in a major international retail store for 1 kg apples is USD$1.60, 1 kg oranges USD$1.43, 1 head lettuce USD$2.61, 1 kg potatos USD$0.77, 1 kg boneless, skinless, chicken breast USD$5.82, 1 kg cheddar cheese USD$5.53, 1 dozen large eggs USD$4.29, 500g loaf white bread USD$2.85, 1 L full cream milk USD$6.47, and 1.5 L water USD$1.85.

7) Healthcare: Cost is average for general heath care, doctor visits, hospital stays, non-prescription medicine, and medical insurance. A basket costing USD$1,000 in New York costs USD$610. Average healthcare cost for a private practice Doctor visit for an uninsured patient is USD$50, and a private hospital stay per day including nursing care, medications, diagnostic tests, food, and related costs is USD$1,524.

8) Household Accommodation: Cost is average for items such as apartment rent, house rent, property purchase, mortgage rate, and utilities. A basket costing USD$5,000 in New York costs USD$2150. Average expatriate house / apartment rent for a secure upmarket unfurnished apartment (3 bedrooms) is USD$3,159 in a central location, and USD$1,899 in a suburban location, per month, excluding utilities.

9) Miscellaneous: Cost is very high for items such as dry cleaning, linen, magazines, newspapers, office supplies, and postage stamps. A basket costing USD$500 in New York costs USD$550. Average price for dry cleaning (1 mens 2 pc suit) is USD$10.71, while an international newspaper is USD$3.29.

10) Personal Care: Cost is average for items such as cosmetics, hair care, and toiletries. A basket costing USD$500 in New York costs USD$320. Average cost for a mens haircut and blow dry is USD$26, while a womens hair colour, cut and blow dry - medium length is USD$129.

11) Recreation & Culture: Cost is average for items such as books, cinema, sport and theatre tickets. A basket costing USD$500 in New York costs USD$345. Average price for a latest release international cinema ticket (average of on and off peak where applicable) for one adult is USD$18.19, and an international fitness, recreation or sports club membership cost for one adult is USD$46 per month.

12) Restaurants Meals Out and Hotels: Cost is average for items such as hotel daily room rates, meals and beverages in a restaurant, and take away food and beverages. A basket costing USD$1,000 in New York costs USD$610. Average cappuccino price (regular, medium) is USD$4.99, coke/pepsi (330ml) USD$2.51, burger meal (international franchise or similar) USD$10.99, and a mid-range international restaurant meal for 2 USD$97.63.

13) Transport: Cost is very high for items such as fuel (petrol/gasoline), car hire, public transport, vehicle purchase and maintenance. A basket costing USD$1,000 in New York costs USD$1110. Average average price over the last year for highest available octane petrol / gasoline (1L) is USD$7.18, while the benchmark car sedan purchase price including taxes/duties for a compact / small / economy vehicle (1.4 L) is USD$23,469.

How does the cost of living in Sweden compare?

Sweden is -12.9% cheaper than USA for groceries, -27.4% cheaper for household costs than UK, and 115.1% more expensive for transport costs than India.

What is the quality of life / hardship in Sweden?

Sweden is ranked as a minimal hardship location.The hardship premium for Sweden for an expat from Australia, is for example 0%, i.e. host location (Sweden) premium of 10% minus home (Australia) location premium of 10%.

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