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Denmark vs Luxembourg: salary & cost of living

Which offers better value? A real Eurostat comparison of take-home pay and cost of living, with each country’s Gera EU Value Index.

Denmark vs Luxembourg: which is better value to live in?

As of 2024, Luxembourg offers better salary-to-cost value than Denmark on the Gera EU Value Index (177.1 vs 118.9, a 58.2-point gap, EU≈100). Denmark pays €40,184 net a year versus €52,029 in Luxembourg; cost-of-living indices are 136.9 and 119. Figures from Eurostat (earnings & price levels).

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 IndexLuxembourg 177.1 vs Denmark 118.9Luxembourg offers better salary-to-cost value, a 58.2-point gap. EU median 94.9.How this index is calculated

Denmark vs Luxembourg — head to head

Denmark vs Luxembourg — salary & cost of living (Eurostat)
MetricDenmarkLuxembourg
Net annual take-home pay€40,184 (kr300,363 DKK)€52,029
PPS earnings index (EU=100)117.1163.3
Cost of living (EU=100)136.9119
Gera EU Value Index118.9177.1
EU value rank (of 27)#5#1

Compare your salary in Denmark and Luxembourg

Index your take-home pay against the EU norm in both

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 vs Luxembourg — FAQ

Is Denmark or Luxembourg better value to live in?
Luxembourg offers better salary-to-cost value on the Gera EU Value Index (177.1 vs 118.9, EU≈100, 2024). Denmark pays €40,184 net a year and Luxembourg €52,029; their cost-of-living indices are 136.9 and 119. Figures from Eurostat.
Where is the salary higher — Denmark or Luxembourg?
Luxembourg has the higher net annual take-home pay at €52,029 versus €40,184 in Denmark, for a single person at 100% of the average wage (Eurostat earn_nt_net, 2024). A higher salary does not always mean better value once cost of living is taken into account.
Where is the cost of living lower — Denmark or Luxembourg?
Luxembourg has the lower cost of living, with a Gera EU Cost Index of 119 versus 136.9 (EU average ≈ 100), built from Eurostat price levels and household energy prices.

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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)).