The most effective way to plan your study abroad journey efficiently is to analyze the cost of living in a country. There can be a lot of expenses involved such as accommodations costs, transportation costs, tuition fees and so on. In this article, we are going to cover the cost of living in Luxembourg. Continue reading to know more.
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Why Study in Luxembourg?
Below mentioned are the key benefits of studying in Luxembourg for international students:
- Luxembourg is a small but wealthy country in Western Europe. It is known for its high standards and has several reputable universities and research institutes. You can get quality education at comparatively affordable rates.
- Luxembourg is a trilingual country, where French, German, and Luxembourgish are the official languages. English is also widely spoken in this country, but here you can have global exposure to learn these new languages and meet new people which can result in building a network.
- This country is a major financial centre and hosts several European institutions, such as the European Court of Justice, the European Investment Bank, and the European Court of Auditors. You can get high-earning opportunities if get a degree from any University in Luxembourg.
Cost of Living in Luxembourg
Let us take a look at the other costs associated when studying in Luxembourg:
Accommodation cost completely depends on the services that are provided, location, rooms and other various factors. The average monthly rent for a one-bedroom apartment in the city centre is EUR 1,611 whereas, outside the city centre, the average rent for a one-bedroom apartment is EUR 1,312. You can also opt for on-campus accommodation options of the respective universities as this can save a lot of money.
Luxembourg has a great and efficient public transportation system which includes buses, trains, and trams. The best thing about transportation in Luxembourg is that public transportation is free for everyone since 2020. You do not need to buy tickets for any public transportation. However, if you prefer using private transportation like your own car or private taxi then the cost is a bit on the higher side. The average price for one gallon of gas is EUR 6.16.
The cost of food depends on your eating habits and preferences. If you prefer eating outside daily, then it can cost you a lot. An average cost of a meal in an inexpensive restaurant is around EUR 20 which is a bit expensive when compared to other countries. The best thing by which you can save a lot of money is by cooking your own food. The average monthly cost of groceries for one person in Luxembourg is EUR 247.
Here are the detailed costs of items or services in Luxembourg. This list will include some necessities and will also help you in getting an idea about the cost of living in Luxembourg:
|Items/ Services||Average Cost|
|Water (0.33 litre bottle)||EUR 2.98|
|Milk (1 litre)||EUR 1.33|
|Loaf of White Bread (500g)||EUR 2.82|
|Rice (1kg)||EUR 2.25|
|1 Dozen Egg||EUR 3.59|
|Local Cheese (1kg)||EUR 16.72|
|Taxi Start (Normal Tariff)||EUR 4.25|
|Basic Utility (Electricity, Heating, Cooling, Water, Garbage)||EUR 249|
|Mobile Phone Monthly Plan with Calls and 10GB+ Data||EUR 19.83|
|Fitness Club, Monthly Fee||EUR 40|
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A. The top attractions near Luxembourg are as follows:
Place Guillaume II
A. As health insurance is extremely important for everyone. The health insurance system in Luxembourg is based on a social security scheme that covers around 90% of medical expenses and you will just need to pay 10% of the total medical bill.
A. Here are some of the top Universities in Luxembourg:
Luxembourg School of Business
University of Luxembourg
This was all the details about the Cost of Living in Luxembourg. If you are planning to study in Luxembourg don’t forget to reach us at 1800 57 2000 and contact our Leverage Edu experts to make your study abroad process hassle-free.