Cost Of Living In Amsterdam: All You Need To Know

Cost Of Living In Amsterdam

The Netherlands is one of the countries with the best quality of life in the world and living in its major cities is a dream of many people, especially in the capital. But what is the cost of living in Amsterdam? This is what you will discover now in this article.

Before going into more detail, it is important to make it clear: like in most European cities, Amsterdam is an expensive city!

Cost of living in Amsterdam: Rent

The average rental cost in Amsterdam ranges from 490 to 784 euros for a room in an apartment shared with other people. But if you want to live alone, to rent a 1 bedroom apartment in the city center, expect to spend an average of 1280 euros. That figure drops to around 990 euros in more remote neighborhoods.

It is necessary to take into account that the average minimum wage in the Netherlands is 1,594 euros per month, and this logically reflects all other prices in the country, especially in the capital, which is the most sought after (and also most expensive!) City.

Utility bills (water, electricity, etc.) are usually already included in the rent. An internet package with fast speed costs 39 euros on average.

Cost of living in Amsterdam: Studies

Check now an average estimate of the main expenses involved in studying in Amsterdam:

  • Visa / residence permit: 210 euros (one-time fee)
  • Insurance: 105 euros per month
  • Books: between 70 and 100 euros per semester

It is also worth remembering that in order to obtain a residence permit as a student, it is necessary to prove that you have the necessary funds to stay in the country. The exact amount of this amount varies from university to university but can reach 5,500 euros in a more selective institution.

Regarding the prices of university tuition fees, it is safe to say that prices in the Netherlands, in general, are much more accessible than in other countries, such as the United States. The average over there is just over 2 thousand euros. In addition, many universities offer scholarships, which greatly helps to reduce costs.

Cost of living in Amsterdam: Day by day

Now check out an estimate of how much some everyday items and activities cost in the Dutch capital:

  • 1 cinema ticket: 11 euros
  • 12 rolls of toilet paper: 2.75 euros
  • 1 box of antibiotics (with 12 tablets): between 10 and 15 euros
  • 1 beer (half a liter) in a bar: 5.50 euros
  • 1 drink in a club: 11 euros
  • 1 liter of milk: 1 euro
  • 1 package of bread: 1.20 euros
  • 1 kg of tomato: 2.20 euros
  • 1 kg of chicken: 6.10 euros
  • 1 individual meal in a cheap restaurant: 13.80 euros
  • 1 individual meal in a more sophisticated restaurant: 32 euros
  • 1 cappuccino: 2.60 euros
  • 1 large pizza: 12 euros

Cost of living in Amsterdam: Public transport

Public transport in Amsterdam can be quite expensive depending on how you use it. The average cost is between 70 and 100 euros per month. It is possible to buy a card (52 euros per year) that gives 40% discount on trips taken during off-peak hours – from 9 am to 4 pm and after 6 pm.

Check the average prices of public transport in the city:

  • 1 individual ticket: 2.80 euros
  • Monthly ticket: 86 euros

As for taking a taxi (or app transport) in the city, expect to spend around 2.15 euros per kilometer.  

But obviously, the easiest (and cheapest!) Way to get around Amsterdam is by bicycle. The bike lanes are safe and are spread over all corners of the city.

It is possible to buy a second-hand bike for less than 100 euros – prices range from 80 to 200 euros. But don’t forget to also buy a lock (about 50 euros), since bicycle theft is common in the city.

Cost of living in Amsterdam: Health and well-being

If you do not give up on keeping in shape, it is important to know that the average cost of fitness centers in the city is around 44 euros, but obviously the price can vary a lot according to the structure of each gym.

As for a routine consultation with a local doctor, the average is around 39 euros. So it is very important to travel there with insurance.

Cost of living in Amsterdam: Comparison with other cities in Europe

Did you want to study in Amsterdam but still don’t quite understand if the cost of living in the city is high or moderate? The best way to get a clearer idea about this is to compare the city with other capitals of the Old Continent.

  • London: Amsterdam is 12% cheaper
  • Paris: Amsterdam has almost the same cost of living as Paris
  • Berlin: Amsterdam is 29% more expensive
  • Lisbon: Amsterdam is 54% more expensive
  • Madrid: Amsterdam is 38% more expensive
  • Brussels: Amsterdam is 26% more expensive
  • Stockholm: Amsterdam is 7% more expensive
  • Bern: Amsterdam is 16% cheaper
  • Vienna: Amsterdam is 35% more expensive
  • Copenhagen: Amsterdam is 7% cheaper
  • Rome: Amsterdam is 30% more expensive
  • Luxembourg: Amsterdam is 9% more expensive
  • Dublin: Amsterdam is 8% cheaper

Read Also: Best Countries To Retire In – Global Retirement Index

Now that you know a little more about the cost of living in Amsterdam, how about starting to prepare yourself to have your dream experience in one of the most incredible cities in Europe?

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