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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).
Denmark salary & cost figures
| Metric | Value | vs EU |
|---|---|---|
| Net annual take-home pay | €40,184 (kr300,363 DKK) | +62.8% |
| PPS earnings index (real buying power) | 117.1 | EU=100 |
| Cost of living (Gera EU Cost Index) | 136.9 | +36.9 pts |
| Gera EU Value Index | 118.9 | median 94.9 |
| EU value rank | 5 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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| Metric | Denmark | Austria |
|---|---|---|
| Your salary, locally | €35,000 (kr261,611 DKK) | €35,000 |
| Salary value vs EU norm | 103.6 | 120.4 |
| Local cost of living (EU=100) | 136.9 | 117.8 |
| Typical local net pay | €40,184 | €35,824 |
| Gera EU Value Index | 118.9 (#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.
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)).