What is the average cost of housing in Luxembourg?
If you are thinking about moving to Luxembourg, cost of living in probably a key consideration. Expats commented about the cost of housing...
"The average cost of housing in Luxembourg is relatively high compared to other countries in Europe. Renting an apartment in Luxembourg can cost anywhere from €800 to €2,000 per month, depending on the size and location. Buying a property in Luxembourg can be even more expensive, with prices ranging from €2,000 to €4,000 per square meter," remarked another expat who made the move to Luxembourg.
"Our rental is higher than our mortgage. The euro is about 1.5 times the dollar. The average similiar sized home rents for between 3500 and 4200 euro per month. We get paid in US dollars with a subsidy to equalize the cost of living here. Our home is rented in the US, so we contribute to our rent payment here. Then get an adjustment to cover the increased cost of fuel, electricity, food etc," explained one expat living in Bertrange, Luxembourg.
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What is the average cost of housing in Luxembourg?
If you live in Luxembourg, newcomers to Luxembourg would love to hear your answer to this question.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.