Cost of Living in Luxembourg 2024 (updated)
Table of contents
- Average cost of living in Luxembourg per month in 2024:
- Life in Luxembourg is more expensive:
- Prices for renting and buying housing in Luxembourg
- Prices for buying a house in Luxembourg:
- The cost of utilities in Luxembourg
- The cost of medical services in Luxembourg
- Prices for education in Luxembourg
- The cost of food in Luxembourg
- Approximate prices for products in Luxembourg:
- Restaurants and entertainment in Luxembourg
- Prices for transport in Luxembourg
Luxembourg boasts a strong economy and politics. The Grand Duchy is a popular destination for foreigners. Find out about the total cost of living in Luxembourg per month, housing costs, utilities, healthcare and food prices in 2024
Luxembourg is one of the most expensive countries in Europe. The capital of the country, the city of Luxembourg, ranks 52 out of 227 cities in the cost of living survey by the Mercer company.
Average cost of living in Luxembourg per month in 2024:
- For a family of four - from 6,000 to 8,000 euros (including rent, utilities, medical care and childcare).
- Per person – 3210 euros (including rent).
Life in Luxembourg is more expensive:
- by 23% than in Spain,
- by 40% compared to the Czech Republic;
- by 10% than in New Zealand.
However, it will be cheaper here:
- by 30% than in Great Britain,
- by 40% than in Switzerland
- by 45% compared to New York.
At the same time, the economy of Luxembourg is flourishing, the state has a low unemployment rate. The Grand Duchy is a popular destination for foreigners – almost half of Luxembourg's population is made up of expats. It also has the highest minimum wage in the EU.
What and how much will you spend in Luxembourg? Detailed analysis in our material.
Prices for renting and buying housing in Luxembourg
In general, prices for renting and buying housing in Luxembourg are 87% higher than the EU average.
The cost of renting real estate:
- The cost of a one-room apartment in the central part of Luxembourg is 1300-1610 euros per month.
- For a three-bedroom apartment, you will have to pay from 2,500 to 4,000 euros (depending on the area).
Overall, the cost of renting a home is equivalent to 38% of income for a couple and 55% for a single person. Also, when renting, you will need to make a deposit in the amount of the rent for 1-3 months, depending on the landlord.
Prices for buying a house in Luxembourg:
- The average price per square meter ranges from 7,000 to 15,000 euros.
- A one-room apartment in the central part of the capital will cost up to 500,000 euros;
- Three-room apartment - about 1,000,000 euros.
However, the further from the center, the lower the price.
To purchase real estate, you can take out a mortgage, but the expat must be ready to make a deposit, usually 20-25% of the cost of the home.
Planning a trip or move abroad? An important part of a successful trip is an insurance policy, as it guarantees high-quality medical care anywhere in the world and can protect you from unnecessary expenses while travelling. You can buy insurance from trusted agents on the Visit World portal.
The cost of utilities in Luxembourg
- Utilities (electricity, heating, water and garbage collection) per month for an apartment with an area of 85 square meters - 250 euros per month.
- Internet, television and phone package - from 40 to 80 euros per month.
The cost of medical services in Luxembourg
The state health care system provides all residents of the country with free medical care.
Employees and self-employed persons pay 2.8% of their earnings to the health care fund every month.
Family members are also insured through workers who pay social security contributions, meaning children receive insurance from their parents.
In general, the prices for medical services in Luxembourg are as follows:
- Cold medicine for 6 days - 7 euros,
- 1 package of antibiotics (12 doses) – 15 euros,
- Short visit to a private doctor (15 minutes) – 49 euros.
Prices for education in Luxembourg
- Public schools are free.
- Preschool institutions - 3,000 euros per year.
- International school for children under the age of 16 - 20,000 euros. Every year, the cost of education increases, depending on the age of the student.
- Higher education in Luxembourg is much cheaper - 200 or 400 euros per semester for most bachelor's programs at public universities.
Prices are higher in private educational institutions.
The cost of food in Luxembourg
Food prices in Luxembourg are about 25% higher than in most EU countries.
The budget for the purchase of products for a family of 2 people is €450 per month.
Approximate prices for products in Luxembourg:
- a bottle of water 0.5 l - 4 euros,
- tomatoes (1 kg) – 4 euros,
- apples (1 kg) – 3 euros,
- milk (1 liter) – 1 euro,
- minced beef (1 kg) – 18 euros,
- eggs (12 pcs.) – 3.5 euros,
- shampoo - 4 euros,
- shower gel - 2.5 euros,
- a bottle of wine – 10 euros,
- a pack of cigarettes – 5.7 euros.
Restaurants and entertainment in Luxembourg
- Lunch in a middle-class restaurant - 75 euros per person.
- Lunch at a fast food chain restaurant – 10–25 euros per person.
- Half a liter of local or imported beer in a pub - 5 euros.
- Cappuccino – 3.7 euros.
- Theater ticket – 36 euros.
- Movie ticket – 12 euros.
- Gym membership – 20–80 euros.
- Tennis court rental per hour – 19 euros.
Prices for transport in Luxembourg
- Public transport trips are free.
- Travel in first class - 3 euros for two hours or 6 euros for a day ticket (valid until 04:00 the next day).
- The initial taxi fare is around 4 euros, and the average cost per kilometer is 3 euros.
- The cost of gasoline is 1.5 euros per liter.
Therefore, the cost of living in Luxembourg is above average. However, moving here will be a new stage in your life and career, and the high cost of living in the country is compensated by a considerable salary.
Daria Rogova, Head of Insurance at Visit World
To move, travel or work safely in a new country, you will need health insurance. You can apply for an extended policy on our website here.
Products from Visit World for a comfortable trip:
Checklist for obtaining a visa and necessary documents in Luxembourg;
Legal advice on immigration to Luxembourg;
Travel insurance for foreigners in Luxembourg;
Medical insurance all over the world.
We monitor the accuracy and relevance of our information. Therefore, if you see any error or discrepancy, please write to our hotline.
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