Living in Luxembourg, particularly in Luxembourg City (located in the Guttland region), can indeed be expensive. However, with careful budgeting and planning, students and residents can manage to live here for less than they might expect. As part of the Eurozone since 1999, Luxembourg uses the Euro (€), which is one of the world’s major currencies.
Here are some average costs for living in Luxembourg City (in both EUR and USD):
- Monthly rent (1-bedroom apartment): €1200 ($1410)
- Utilities (monthly average): €230 ($235)
- Public transport pass: Free for all citizens, residents, and tourists (thanks to a climate initiative by the government)
- Meal (inexpensive restaurant): €18 ($21)
- Coffee: €3.30 ($3.90)
- Milk (1 liter): €1.35 ($1.60)
- Vegetables (1kg): €2 ($2.35)
- Eggs (dozen): €3 ($3.50)
- Water (1.5 liter): €0.95 ($1.10)
- Chicken (1kg): €11.50 ($13.50)
- Wine (bottle): €10 ($11.75)
- Bread (loaf): €2.40 ($2.80)
Excluding rent, the average cost of living per person per month in Luxembourg City is around €950 ($1100).
While Luxembourg’s cost of living can be high, students can take advantage of free public transport and find ways to manage other expenses with careful planning.
In Luxembourg, student accommodation is typically arranged by educational institutions themselves. Students can rent a room for an affordable fee, usually ranging between €350 – €500 (approximately US$410 – US$580) per month. These rooms might be en suite, but students will likely need to share kitchen facilities. Similar to dormitories in the US, this type of housing is called halls or corridors in Europe.
Luxembourg boasts a world-class healthcare system, with the government investing heavily in its maintenance and improvement. However, if you’re not from the EU, EEA, or Switzerland, you won’t have automatic access to the healthcare system unless there’s an emergency. Therefore, it’s essential to ensure that your health insurance, which is required for obtaining a student visa, offers comprehensive coverage.
In terms of payment methods, Luxembourg’s banking system is highly advanced. You can easily make payments using chip-and-pin cards, contactless cards, or even your phone, all across the country. This flexibility extends to market stalls and small boutiques, which is convenient for students looking to shop independently and save on living costs.