Will I save money living in Luxembourg City?

"Yes, living in Luxembourg City can be more cost effective than in other cities due to its high salaries, relatively low prices for goods and services and the fact that there are no apartment rental fees or deposits, which can be helpful for expats saving money. Additionally, Luxembourg City has a low cost of living and taxes are relatively low compared to other European countries," remarked another expat who made the move to Luxembourg City, Luxembourg.