In an Instagram video, Kritika Sakoriya revealed what she termed a ‘realistic monthly budget’ for a single individual in Sweden. She noted that costs can differ based on the city and lifestyle but provide a general understanding of what to expect in terms of expenses.
Monthly expenses highlighted by the creator
Sakoriya indicated that rent is the largest monthly outlay, varying from 8,000 to 15,000 Swedish Krona (SEK) (approximately ₹80,000 to ₹1.5 lakh), depending on the city and type of accommodation.
She mentioned that groceries usually cost between 3,000 and 5,000 SEK each month (about ₹30,000 to ₹50,000), while public transport expenses hover around 1,000 SEK (roughly ₹10,000). Other monthly costs encompass 300-700 SEK (about ₹3,000 to ₹7,000) for mobile and internet services and 500-1,500 SEK (approximately ₹5,000 to ₹15,000) allocated for utilities.
Overall, she estimated that a single person might spend around 18,000-25,000 SEK (about ₹1.8 lakh to ₹2.5 lakh) monthly, influenced by their location and lifestyle. “People constantly ask me, ‘Is Sweden truly expensive?’ So, here’s a realistic monthly budget! Costs can vary by city and personal lifestyle, but this gives a good overview,” she wrote in the caption.
Despite the higher costs, Sakoriya noted that Sweden provides numerous benefits, including a favorable work-life balance, clean environments, and high-quality public services.
How does this stack up against average living expenses?
According to Go Digit, Sweden ranks among the priciest countries in Europe, though living expenses fluctuate based on the city.
For single professionals, accommodation generally falls within 5,000-9,000 SEK monthly (around ₹50,000 to ₹90,000), food and groceries range from 2,500-4,000 SEK (approximately ₹25,000-₹40,000), transportation costs around 700-1,200 SEK (about ₹7,000-₹12,000), utilities typically cost 1,200-1,800 SEK (roughly ₹12,000 to ₹18,000), and entertainment ranges from 500-1,200 SEK (around ₹5,000 to ₹12,000).
Living in Stockholm
As per Go Digit, Stockholm, the capital and largest city of Sweden, is also one of its most expensive places to live.
Typical monthly expenses include:Accommodation: 8,000-15,000 SEK (roughly ₹80,000-₹1,50,000)Food and groceries: 3,000-5,000 SEK (roughly ₹30,000-50,000)Transportation: 800-1,500 SEK (roughly ₹8,000-15,000)Utilities: 1,500-2,500 SEK (approximately ₹15,000-25,000)Entertainment: 600-1,500 SEK (around ₹6,000-15,000)
The exact cost of living in Sweden is influenced by the city and individual lifestyle choices. Nevertheless, Sakoriya’s budget provides a valuable perspective on what many newcomers can expect to encounter in their financial planning.