How much does it cost to live in Amsterdam?

Moniek

25 Oct 2024
    3 min to read

Are you considering a move to Amsterdam? Here’s a guide to help you understand the cost of living in the Netherlands' capital. From rent and groceries to public transport, this breakdown gives you a clear view of what to expect.

Housing costs

Housing is by far the biggest expense in Amsterdam. Due to high demand and limited availability, prices have soared, making Amsterdam one of the most expensive cities in Europe.

Affordable housing is scarce, and waitlists for social housing can take years. Expats and international students often opt for short-term rental arrangements through rental platforms.

Utilities

In addition to rent, monthly utility costs for gas, electricity, and water range between €150 and €200, depending on usage and season. Internet is around €40-€60 per month, bringing total utility costs to approximately €200-€250. Apartments with central heating (common in newer buildings) may have slightly lower costs.

Groceries

Grocery expenses vary based on diet and lifestyle. A single person spends around €250-€350 monthly on groceries. Here’s a look at some typical prices:

You can save money by shopping at budget supermarkets like Lidl or Aldi or by visiting markets such as Noordermarkt or Albert Cuypmarkt for fresh produce.

Transportation

Amsterdam is a bike-friendly city, and many residents rely on cycling. Buying a bike is a one-time cost of about €150-€400, depending on condition and type. Monthly maintenance costs are low for cyclists.

For public transport:

Dining out & leisure

Dining out is a fun but often pricey activity in Amsterdam. A meal at an inexpensive restaurant costs around €15-€20, while a three-course dinner at a mid-range restaurant is about €40-€60 per person. Quick snacks or street food run around €10-€15 per meal.

Other leisure costs include:

Health insurance

Health insurance is mandatory in the Netherlands and costs around €100-€120 per month for basic coverage. Expats and non-EU residents are generally required to get Dutch health insurance after a certain period.

Total monthly costs

For a single person renting a modest apartment, the average monthly expenses are between €2,000 and €2,500. Here’s a breakdown:

ExpenseMonthly Cost (€)
Housing1,100-1,600
Utilities & Internet200-250
Groceries250-350
Transportation100
Dining Out & Leisure150-250
Health Insurance100-120
Total2,000-2,500

Amsterdam offers a high quality of life, but there’s a price tag attached. This guide should give you a clearer view of what you’ll need to budget. For those searching for a home in Amsterdam, check out Rentumo's Amsterdam listings to explore current rental options across the city. With the right planning, Amsterdam can be a fantastic place to live!

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