Cost of Living in Luxembourg | Monthly expenses | Life in Luxembourg | Lifestyle | TheEscapePlans

The Escape Plans
4 Nov 202209:20

Summary

TLDRThis video explores the high cost of living in Luxembourg, highlighting key monthly expenses such as rent, groceries, utilities, and dining. Rent for a one-bedroom apartment ranges from 1500 to 1800 EUR, while grocery costs average between 300 and 400 EUR. Public transportation is free, and electricity is a fixed cost of 50 EUR monthly. Dining out can be expensive, with meals costing 35 to 50 EUR. The estimated minimum monthly cost is between 2500 and 3000 EUR, depending on lifestyle. The video also recommends a website for calculating personalized living costs.

Takeaways

  • 🏠 Rent in Luxembourg is high, averaging €1,500 - €1,800 for a 1 BHK and €2,000 - €2,300 for a 2 BHK apartment due to limited land and high demand.
  • 🛒 Monthly grocery expenses range from €300 to €400, depending on lifestyle choices.
  • 📱 Mobile phone plans cost about €10 per month, while internet services range from €45 to €60 based on the selected plan.
  • ⚡ Electricity costs are fixed at €50 per month, with potential year-end refunds for lower usage.
  • 🚌 Public transportation in Luxembourg is free for all users, making commuting cost-effective.
  • 🛍️ Average spending on clothing and accessories is between €100 and €150 per month; shopping in nearby countries can lead to savings.
  • 🍽️ Dining out in Luxembourg is expensive, with meals at decent restaurants costing €35 - €40 and Indian cuisine ranging from €40 - €50.
  • 💪 Fitness options are abundant, with gym memberships starting from €20 and varying up to €200 based on the facility.
  • ✂️ Personal grooming services are priced at €35 for men's haircuts and €60 - €70 for women's haircuts and styling.
  • 💻 The Numbeo website is recommended for calculating the cost of living tailored to individual lifestyles, providing detailed expense breakdowns.

Q & A

  • What is the average rent for a one-bedroom apartment in Luxembourg?

    -The average rent for a one-bedroom apartment in Luxembourg is between €1,500 and €1,800.

  • How much can one expect to spend on groceries in Luxembourg each month?

    -On average, a person can expect to spend between €300 and €400 on groceries each month, depending on their lifestyle.

  • What are the monthly costs for mobile and internet services in Luxembourg?

    -Mobile services cost around €10 per month, while internet broadband services range from €45 to €60 per month.

  • What is the fixed monthly cost for electricity in Luxembourg?

    -The fixed monthly cost for electricity is €50, with potential refunds or additional charges based on annual usage.

  • Is public transportation free in Luxembourg?

    -Yes, public transportation including buses, trams, and trains is completely free in Luxembourg.

  • What is the average cost of dining out in a decent restaurant in Luxembourg?

    -Dining out in a decent restaurant typically costs between €35 and €40.

  • How much does a gym membership cost in Luxembourg?

    -Gym memberships in Luxembourg can start from €20 and can go up to €200, depending on the facility and plan chosen.

  • What are the costs associated with personal grooming services in Luxembourg?

    -For personal grooming, a haircut for men costs around €35, while for women, it ranges from €60 to €70.

  • What is the estimated total monthly cost of living in Luxembourg?

    -The estimated total monthly cost of living in Luxembourg is between €2,500 and €3,000, depending on personal lifestyle choices.

  • How can one save money on purchasing furniture and electronics while living in Luxembourg?

    -One can save money on furniture and electronics by shopping across the borders in Belgium, France, or Germany, where prices are generally lower.

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Cost of LivingLuxembourgMonthly ExpensesRelocation TipsTravel BudgetExpat LifeDining CostsShopping InsightsLifestyle ChoicesFinancial Planning
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