The capital city of Denmark is a place where the quality of life is said to be among the highest anywhere in the world. But the costs of living in Copenhagen can also be high. Like Britain, Demark did not decide to adopt the Euro as its currency, so the local Danish Kroner is still the main currency in the country.

So what are the likely costs that you can expect to pay for staying at a house in Copenhagen or an apartment in Copenhagen. At the current exchange rate the Danish Krone is worth around 18 cents, and the most economic way to stay in Copenhagen is to find a furnished room for a single person, either in a shared home or apartment block. A furnished room or apartment in Copenhagen will still give you access to the kitchen and bathroom facilities (although you may have to share with others) and you should expect to pay around 3,200 to 3,600 DK per month.

Therefore you will roughly be expected to find around $650 per month for the most affordable rates of accommodation. Small furnished apartments in Copenhagen are the most difficult to obtain as these are much sought after. It is possible to get one with one or two bedrooms in the urban or metropolitan area of Copenhagen by coming to the city as a single person, rather than a family. These properties are often available in the suburban part of Copenhagen and can be as cheap as 6,000 DKK (which is around $1,100 per month). These properties are also ideal for childless couples.

If you are looking for something bigger than a one or two-bed apartment in Copenhagen you will have to look for a property being let such as a three-bedroom apartment or house in Copenhagen. This will cost around 9,000 DKK, which is roughly about $1,650 per month. If you come to Copenhagen with a group of people (perhaps a business team or large family) it will cost around 12,000 DKK per month and you must expect to pay consumption charges on top of this. Consumption counts as gas, electricity, water, heat, phone, television and radio fees.

Deposits are the norm when you decide to stay in an apartment or house in Copenhagen and apartments often requires at least three months’ worth of rent paid up front as your deposit. A house in Copenhagen would normally only command one month’s rent up front which is returned to you as you leave the property.