Cost of Living in Amsterdam: Average cost & Top Expenses (2024)

Cost of Living in Amsterdam: Average cost & Top Expenses (1)

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    Cost of Living in Amsterdam: Average cost & Top Expenses (15)

    source: cntraveler

    Amsterdam is a spectacular city to move in for someone who wants a little bit of change in their life. The city blesses its residents with vibrant nightlife, creative events and thrilling meet-up spots. Amsterdam is one of those cities that keep on changing, and one will never get bored of living there.

    However, all these things come at a cost. Just like any other capital city, the cost of living in Amsterdam is the highest in the Netherlands.

    What Is the Average Cost of Living in Amsterdam?

    The exact monthly expense for an individual primarily depends on their lifestyle. However, the approximate cost of living in Amsterdam for a family of four and a couple is € 3,500 and that for a student is € 2,100. Furthermore, the monthly cost of living in Amsterdam for a bachelor is € 2,300.

    Category

    Monthly Cost of Living

    Student

    € 2,100

    Bachelor

    € 2,300

    Couple

    € 3,500

    Family of four

    € 3,500

    What Are the Top Expenses of Living in Amsterdam?

    The various areas of expense that impact the cost of living in Amsterdam, Netherlands are –

    1. Accommodation

    The monthly rent of accommodation differs for social and private housing. Just like any other city, the rental costs vary from region to region within the city. The table below shows the approximate monthly rent of different types of housing –

    Classification of Accommodation

    Approximate Rent Per Month

    Social housing

    € 750

    Room in a shared apartment

    € 400 - € 1,200

    Studio apartment

    v€ 700 - € 1,300

    1 BHK

    € 900 - € 2,000

    2 BHK

    € 1,200 - € 3,000

    3 BHK

    € 2,000 - € 5,000

    Furthermore, the cost of buying an apartment in Amsterdam is as follows –

    Classification of Accommodation

    Approximate Cost Per Square Metre

    Apartment in the centre of the city

    € 6,500 - € 9,000

    Apartment outside the centre of Amsterdam

    € 4,100 - € 6,000

    2. Groceries

    Compared to the other areas of expense in Amsterdam, the price of grocery items are quite affordable if you know where to shop. Furthermore, there are several local markets and supermarkets from where one can get all the items of daily need.

    Grocery Items

    Approximate Cost

    Milk (regular) (1 litre)

    € 1

    Fresh bread (500g)

    € 1.5

    Rice (white) (1kg)

    € 2

    Eggs (regular) (1 dozen)

    € 2

    Local cheese (1kg)

    € 11

    Chicken 1 kg (boneless)

    € 8

    Apples (1kg)

    € 3

    Banana (1kg)

    € 1.5

    Oranges (1kg)

    € 2

    Tomato (1kg)

    € 2

    Potato (1kg)

    € 1

    Onion (1kg)

    € 1

    Lettuce (1 head)

    € 1

    3. Transportation

    The Netherlands is well known for cycling. Additionally, it is one of the safest countries to use cycles as a mode of transportation as the cities have separate bicycle lanes.

    Type of Cycle

    Approximate Cost

    Second-hand

    € 50 - € 100

    New cycle

    € 250 - € 600

    Electric cycle

    € 1,500 - € 3,000

    Furthermore, there are several modes of public transportation like buses, trams and trains which one can use for their daily commuting.

    Fuel Cost/Transportation Service

    Approximate Cost

    One-way ticket (public transport)

    € 3

    Monthly pass (public transport)

    € 100

    Taxi 1 km normal tariff

    € 2

    Price of diesel (as of 20th June)

    € 2.2 per litre

    Price of gasoline (as of 20th June)

    € 2.2 per litre

    Cabs (minimum cost)

    € 3.19 per km

    [1][2]

    4. Utilities

    Basic utilities such as electricity connection, gas supply, internet package and mobile prepaid plans also impact the cost of living in Amsterdam. The table below shows the approximate monthly cost of various utilities in the Dutch capital –

    Utilities

    Approximate Cost

    Electricity, cooling, heating, water, garbage

    € 177

    Local prepaid mobile tariff (1 min)

    € 0.13

    Unlimited internet package

    € 47

    5. Entertainment and Leisure

    Amsterdam is the perfect place for party animals. The city offers its residents numerous options to have thrilling nightlife. Furthermore, it also has several restaurants, theatres and parks where one can go to relax after a long day of work or studies.

    Area of Expense

    Approximate Cost

    1 month gym membership

    € 46

    1 hour rent for a tennis court

    € 29

    1 seat at a cinema hall

    € 12

    Meal in an affordable restaurant (1 person)

    € 16

    Three-course meal in a mid-range restaurant

    € 75

    McMeal at McDonald's

    € 9

    6. Childcare and Schooling

    Individuals planning to send their kids to a Dutch school would be happy to know that the government provides a high subsidy for education. Amsterdam has several schools and universities that impart quality education to children. The table below illustrates some of the best schools in Amsterdam along with the curriculum the follow –

    Name of the School

    Curriculum

    Approximate Annual Tuition Fees

    The British School of Amsterdam

    British

    €18,030

    Amity International School Amsterdam

    International Baccalaureate

    €17,870

    Amsterdam International Community School

    International Baccalaureate

    €6,124

    International School Hilversum Alberdingk Thijm

    International Baccalaureate

    € 4.326,00

    Gifted Minds International School

    International Baccalaureate

    €15,300

    International School Haarlem

    International Baccalaureate

    €5,450

    Optimist International School

    British, International Baccalaureate

    €4,960

    Amstelland International School

    International

    €5,530

    International School Utrecht

    International Baccalaureate

    €4,450

    International French School Amsterdam

    French

    €10,270

    How Expensive Is Amsterdam Compared to Other Top Cities?

    The cost of living in Amsterdam is more than that of 85% of cities in the world. The consumer prices in Amsterdam are 1.50% higher than in Los Angeles. Also, restaurant prices are 40.94% higher in Amsterdam than that in Singapore.

    Now that you know the cost of living in Amsterdam, plan your expenses accordingly. This will allow you to save a lot of money from your monthly budget.

    Frequently Asked Questions

    Cost of Living in Amsterdam: Average cost & Top Expenses (2024)

    FAQs

    Cost of Living in Amsterdam: Average cost & Top Expenses? ›

    Expect to spend between €975 and €1,500 per month on living expenses. This includes rent but not tuition fees. Costs are roughly as follows: visa/residence permit (if not EU national): €228, one-time fee.

    What is the average cost of living in Amsterdam? ›

    Expect to spend between €975 and €1,500 per month on living expenses. This includes rent but not tuition fees. Costs are roughly as follows: visa/residence permit (if not EU national): €228, one-time fee.

    Does Amsterdam have a high cost of living? ›

    Meanwhile, when it comes to financing a move to the Netherlands, the Dutch capital ranks 25th in Mercer's 2022 Cost of Living Survey. Amsterdam is more expensive to live in than Paris and Lagos, but less expensive than Singapore and New York.

    How much does the average person spend in Amsterdam? ›

    Average daily spend by real travellers in Amsterdam: €106 (£94) This reflects what everyday travellers tend to spend in Amsterdam. Think mid-range – most of the major attractions, a few cab rides, maybe a big night out, and a bit of shopping on the side.

    What is the average price of a house in Amsterdam? ›

    Buying a property in Amsterdam? The real average of house prices is currently €707420. This time last year, the price you paid for a house in Amsterdam was still €691232.

    What is the 30 rule in the Netherlands? ›

    The 30% tax ruling is a tax advantage for highly skilled migrants in the Netherlands. An employer can pay up to 30% of the salary of an expat employee with the 30% ruling free of tax. An enormous tax saving for both employee and employer.

    What is a livable salary in Amsterdam? ›

    According to living wage calculations for various regions in the Netherlands for 2023, the estimated living wage for a single adult ranges from approximately €2,000 to €2,500 per month. For a single adult with one child, the living wage may range from around €3,000 to €3,500 per month.

    Is 80000 a good salary in Amsterdam? ›

    A salary of €80.000 is extremely good. The country's average is somewhere around €24.000 per person. The 80k salary mentioned would usually be about what three people would earn together, working 40 hours a week, for most of the year. So yeah, an expat earning that amount alone would be very good indeed.

    Is 200k a good salary in Amsterdam? ›

    So yes. You'll be fine. The average yearly salary in the Netherlands is around 36,000 euros (with around 20% taxes)… However, when living in Amsterdam with that money don't expect to be living there like royalty.

    Is 40000 a good salary in Amsterdam? ›

    €40.000 gross is a very average household income. Living in the city center is almost impossible with that salary for house rents are sky high. To get subsided social housing is impossible, for that salary is just above the income treshold.

    Do they speak English in Amsterdam? ›

    English is very widely spoken in Amsterdam, and the Netherlands – it's a super English friendly city. In fact, a staggering 90% of the Dutch population speak English fluently as a second language, making it relatively simple for native English speakers to navigate Amsterdam.

    Do you tip in Amsterdam? ›

    This one is pretty simple to answer – the Dutch do not have a tipping culture as strongly-ingrained as much of the English-speaking world. In a bar, restaurant, or private boat tour in Amsterdam, provided the service was good, a tip of around 10% is appreciated but not automatically expected.

    How much is a cup of coffee in Amsterdam? ›

    Dining Out in Amsterdam
    FoodAverage Cost
    Glass of beer/wine€4 - €7
    Coffee€3.50 - €5.75
    Sandwich€4 - €11
    Lunch€8 - €15
    2 more rows
    Mar 19, 2024

    How much does a 1 bedroom apartment cost in Amsterdam? ›

    For example, a fully equipped 1 bedroom apartment in Amsterdam's city center will set you back a minimum price of €2,500. Head a little further out of the city in its suburbs and you're looking at a monthly rental price of around €1,600 instead.

    Can a foreigner buy a house in Amsterdam? ›

    The short answer is yes. The Netherlands does not place any restrictions on the purchase of property by foreigners, whether resident or non-resident. However, to get a mortgage you must live and be registered in the Netherlands.

    Why are apartments so expensive in Amsterdam? ›

    In Amsterdam, there is limited supply and high demand, and this means that rental costs in the free sector are much higher than social housing. Being close to public transport, shopping and other amenities makes a big difference to the rent - and your everyday life. So you pay for the privilege of being well-connected.

    Is 60000 a good salary in Amsterdam? ›

    The Netherlands boasts an average monthly salary of — drum roll please — €3,333 in 2023 or an average annual salary of €40,000! With €60,000 you're earning 1.5 times the average income, which for many jobs is a decent salary.

    Is 3000 euro a good salary in Netherlands? ›

    Yes 3000 Euros would make you live confortable. There is one thing that can make quite a difference though, it is that many Dutch companies provide a lease car. Driving a car is very expensive in the Netherlands, and this makes a huge difference.

    Is 4000 a good salary in Amsterdam? ›

    €4000,- monthly net is a very good salary. Standard will be an additional 1 month's holiday pay, usually paid in april or may and often what is called a “thirteenth month”, an extra month's salary, paid with december's salary.

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