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The best ways to save money in Denmark

Denmark can be an expensive place to live, so we asked for your tips on how to save a krone here and there.

The best ways to save money in Denmark
Photo: Ólafur Steinar Gestsson / Ritzau Scanpix

An EU report found that Denmark was the most expensive country in European Union, with prices 41 percent higher than average, according to the report from the EU’s statistics agency Eurostat.

Denmark has also been reported to be the most expensive country for food and drink products (excluding alcoholic drinks) in the EU, according to Statistics Denmark calculations in 2019. Danish prices for food and drink are around 30 percent higher than the EU average.

Denmark has also rated as the union’s priciest country for consumer goods.

In short, it can be an expensive place for foreigners to live.

So what can be done to limit everyday costs? We asked our readers for their tips.

Supermarkets and apps

“Going very early or very late to the supermarket is a great option. In general, supermarkets here have cheaper items in the beginning and end of the day because are items that are about to expire,” wrote Maria, who lives in Aarhus.

Up to 50 percent savings can be made on some products this way, according to Maria.

“Another tip is to download an app with the supermarket newspapers. Then I can check which supermarket has the best offer and I try to adapt what I am going to eat in the week with what it is on sale in that week,” she added.

“There is an app, eTilbudsavis, where you can follow all the offers from stores nearby in the current week,” wrote Andreea Paiu, of Odder.

Lidl and Aldi were mentioned consistently by readers as the best supermarkets to pick up food at cheaper prices than competitors.

Another app, Too Good To Go, was recommended by two readers. The app, which is designed to reduce food waste, enables users to find surplus products which are close to their use-by dates and purchase them at highly discounted prices.

Cycling and home haircuts

Transport, food and other commodities are all areas in which savings can be had with the right approach, another reader said.

“Ride a bike instead of taking the bus, eat less meat and cheese, go to ‘byttemarkeder’ (swap shops) and thrift shops, give each other haircuts. I went to uni in Denmark and this was a regular thing, haircuts are expensive!”, wrote Australian Beth Browse, who has lived in Roskilde and Aarhus.

“For personal hygiene products I buy in Normal because they are cheaper,” wrote Paula Paez, a Copenhagen resident.

It’s also worth noting that many businesses in Denmark offer discounts for students if you show ID.

“You can save a lot of money if you’re a student. Denmark is very student-friendly and if you show your student card, you end up paying 20 kroner instead of 40 kroner for a beer,” wrote Klaudia Alexandra Orfin, who also lives in the Copenhagen area.

Second-hand trading

Second-hand trading website dba.dk – comparable to a Danish eBay – is used by a number of the readers who contacted us with money-saving advice.

Electronics and furniture are particularly worth seeking out on the site, wrote Ecaterina Capatina of Aarhus.

Local Facebook groups were mentioned as a similarly good resource for buying second-hand as well as picking up items for free.

Is anything actually cheap?

Clothes, shoes, mineral water, nuts, eating out and buying and running cars were among things readers said they avoided spending money on in Denmark due to their expense, although others said they found ways. Going to the cinema was noted as a particularly expensive leisure activity.

Cigarettes, telecommunications, gym memberships, sporting activities for children and fuel were cited as normally-expensive commodities that are cheaper in Denmark relative to their level of expense in other countries.

Outside fitness training facilities like pull-up frames can be found in many parks and other public places and can make gym memberships obsolete altogether, according to one reader.

Location can also make a difference.

“I live by the border, so driving to Germany and buying products there is an easy way to save money,” wrote Simon Pedersen.

READ ALSO: The Danish social taboos you should never break

Member comments

  1. If you buy wisely as described above, life apart from cars, houses and alcohol is very cheap.
    You cannot feel hungry here, because you can find enough “FLAESKE” daily to exchange for goods in the store.

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MONEY

REVEALED: Your money-saving tips for life in Denmark

Denmark is famously one of Europe's most expensive countries, so we asked our readers in the Nordic nation for their top Danish savings tips.

REVEALED: Your money-saving tips for life in Denmark

Denmark was named as the most expensive European Union country for basic goods and services in 2022, along with Ireland. Data from the EU’s statistics agency Eurostat showed that price levels in Denmark were 40 per cent higher than the EU average.

For consumer goods and services, Denmark had the highest prices of all EU member countries, coming in at 49 percent above the EU average.
 

As many as 90 percent of our readers surveyed said that Denmark is an expensive country to live in but had many money-saving tips to share.

 
“Use Earlybird for booking restaurants…the Tilbudsavis app to find discounts on groceries, buy coffee capsules online, never pay for electricity Aconto – settle only for actual consumption, get a prepaid phone plan from Lycamobile or Lebara as it’s best value for money,” 31-year old Ivan in Copenhagen suggested.
 

Cooking at home and avoiding eating out was a popular suggestion from many readers. They also recommended researching online before buying expensive products and to check discounts in supermarkets.

 
37-year old Magda based in Copenhagen said, “Use the minetilbud app so you can buy øko [organic, ed.] products for lower prices, buy discounted products in a larger amount and store them, buy good quality bread or øko meat/fish with a short expiration date and freeze it…grow your own vegetables, use the Too Good To Go app.”
 
Reader Kevin added, “I buy bulk goods when they are on sale and then freeze them for later.”
 
Money-saving tips also included using the commuter discount card Pendlerkort for public transport and car-sharing or renting a car instead of buying.
 
One reader said, “For public transportation, check company card options with your employer. For insurances, check your employer schemes and do your research online with comparison tools. For car insurance, consider joining a motorist association as they offer much cheaper car insurance plus other benefits. There is little sense in buying new or large cars as they are excessively expensive.”
 
 
For those with children, it was recommended to buy annual membership cards to zoos, museums and amusement parks if you will visit at least twice a year.
 
“Buy second hand stuff especially for babies and small children and check out libraries or cultural centres for events, especially for kids as they are often free,” one reader said.
 

Petra, from the Czech Republic and living in Aarhus said, “use second hand apps and shops, circular economy apps like Reshopper, or apps selling close to sell-by-date foods like Too Good To Go.”

 
There were several suggestions from our readers to travel out of Denmark to buy certain goods and services. 
 
“Travel to Malmö and do a huge shop there and buy goods in Germany or Sweden, while on trips,” Scott, aged 67 and living in Copenhagen advised.
 
32-year old Hanna, based in Copenhagen said she got all her beauty procedures done abroad.
 
“Find psychologists, teachers, and even personal trainers abroad. Buy vitamins and basic medications in German online pharmacies,” she added.
 
 
Some 92 percent (34 out of 37) of our readers in the survey said the expense of Denmark had changed the way they live, compared to other countries. Many noted how they don’t go out to eat and drink as much, or to the cinema or theatre. Others said a lot of their money went on bills and rent, leaving less to spend on leisure activities.
 
A much lower proportion, 38 percent said they would consider moving away from Denmark because of how expensive it is. 
 
Items people found particularly expensive in Denmark included rent, property, food, especially healthy food and sweets, alcohol, coffee shops, clothing, the price of spectacles, eating out, cinema and theatre, family trips out for example the zoo, museums, public transport and taxis, petrol, cars, dry cleaning, hairdressers, spa treatments, handyman services, and electricians.
 
The items our readers found cheaper in Denmark compared to other countries were education, healthcare, internet and mobiles, car insurance, long-distance bus journeys, bikes, some food (such as rye bread), clothing, houses outside of city centres and even real estate in Copenhagen relative to other European capitals.
 
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