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Is Denmark good value? Salary vs cost of living

Real Eurostat take-home pay and cost of living for Denmark, with its Gera EU Value Index of 118.9 (ranked 5 of 27 EU countries).

Is Denmark good value — how far does a salary go there?

As of 2024, Denmark has a Gera EU Value Index of 118.9 (EU≈100), above the EU median of 94.9 and ranked 5 of 27 EU countries. Net annual take-home pay is €40,184 (Eurostat, single person, 100% of average wage), with a Gera EU Cost Index of 136.9. In purchasing-power terms its earnings index is 117.1 (EU=100).

Source:Eurostat — Net annual earnings (earn_nt_net), single person at 100% of average wage·as of 2024 (earnings) · 2024 price levels / 2025-S2 energy (cost of living)updated annually (Eurostat earnings & price levels) (last: )
Gera EU Value Index118.9 / EU 100Ranked 5 of 27 EU countries, above the EU median of 94.9.How this index is calculated

Denmark salary & cost figures

Denmark salary vs cost of living — Eurostat
MetricValuevs EU
Net annual take-home pay€40,184 (kr300,363 DKK)+62.8%
PPS earnings index (real buying power)117.1EU=100
Cost of living (Gera EU Cost Index)136.9+36.9 pts
Gera EU Value Index118.9median 94.9
EU value rank5 of 27

Denmark’s net annual pay of €40,184 is about kr300,363 DKK at the 19 June 2026 reference rate.

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How far does your salary go in the EU?

Enter a net (take-home) salary and pick two EU countries. We index it against the EU norm using the same real Eurostat earnings and cost-of-living figures behind the Gera EU Value Index.

MetricDenmarkAustria
Your salary, locally€35,000 (kr261,611 DKK)€35,000
Salary value vs EU norm103.6120.4
Local cost of living (EU=100)136.9117.8
Typical local net pay€40,184€35,824
Gera EU Value Index118.9 (#5)123.2 (#2)

On €35,000 a year, your salary stretches further in Austria — a value index of 120.4 against the EU norm of 100, because its cost of living is 117.8 (EU=100). The same salary indexes 103.6 in Denmark and 120.4 in Austria. The Gera EU Value Index median is 94.9.

Full value report for Denmark

Denmark salary & value — FAQ

Is Denmark good value to live and work in?
Denmark has a Gera EU Value Index of 118.9 (EU≈100, 2024), better than the EU median of 94.9, and ranks 5 of 27 EU countries. It pairs €40,184 net annual earnings with a Gera EU Cost Index of 136.9. The index reflects how far take-home pay stretches against local costs, using Eurostat data.
What is the average take-home salary in Denmark?
Net annual earnings in Denmark are €40,184 (about kr300,363 DKK at the 19 June 2026 rate) for a single person at 100% of the average wage, after tax and social contributions, per Eurostat (earn_nt_net, 2024). In Purchasing Power Standard terms its earnings index is 117.1 (EU=100), adjusting for local prices.
Is the cost of living high in Denmark?
Denmark has a Gera EU Cost Index of 136.9 (EU average ≈ 100), built from Eurostat price levels and household electricity and gas prices. That is above the EU average, so day-to-day costs are higher than in most member states.

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Contains public sector information published by Eurostat (European Commission) and licensed under the Eurostat reuse policy (© European Union — free reuse with attribution). Source: Eurostat — Net annual earnings (earn_nt_net), single person at 100% of average wage (2024 (earnings) · 2024 price levels / 2025-S2 energy (cost of living), published 2025 (Eurostat earnings release)).