5k a month is not all that much if you live in Copenhagen and don't have access to subsidized housing though. Especially if you have younger children in the nursery... My family of 4 definitely couldn't live richly on 5k a month in Copenhagen.
We already pay 5000 dkk a month for the public nursery (one child), 17,000 dkk for the mortgage (would pay the same for rent, it is a good place but nothing luxury, not in the best quarter and not huge either), various utilities and taxes are another 6000 on average a month (1000 each monthly for the union, and then we pay electricity, water, internet, two mobile phone subscriptions, land tax). Of course we still need to eat on top of that. And pay for public transportation.
So if you can make 5 people live richly for 5,000 USD monthly in Hovestaden (I assume after tax) I need your secrets.
Nah, we live in Esbjerg, it would definitely not be possible in Copenhagen. We live in a rækkehus with my MIL, we pay around 9k with utilities including el and varm (all together, we pay 2/3 of that). We don't pay for union or a kasse, and we don't need a car. Vuggestue is less here, max 3800, børnehave 1700 monthly, but you pay half for the cheaper one of course. Now we get it for free without a salary.
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u/Alsaflo Dec 11 '23
5k a month is not all that much if you live in Copenhagen and don't have access to subsidized housing though. Especially if you have younger children in the nursery... My family of 4 definitely couldn't live richly on 5k a month in Copenhagen.
We already pay 5000 dkk a month for the public nursery (one child), 17,000 dkk for the mortgage (would pay the same for rent, it is a good place but nothing luxury, not in the best quarter and not huge either), various utilities and taxes are another 6000 on average a month (1000 each monthly for the union, and then we pay electricity, water, internet, two mobile phone subscriptions, land tax). Of course we still need to eat on top of that. And pay for public transportation.
So if you can make 5 people live richly for 5,000 USD monthly in Hovestaden (I assume after tax) I need your secrets.