Utskrift från Malmö universitets webbplats www.mah.se

Cost of Living


Living costs in Sweden depend largely on your individual lifestyle. A sample monthly budget is as follows (SEK)*: 

Food   2,000
Accommodation   3,700
Local travel         550
Telephone/internet       300
Hobby/leisure, miscellaneous    1,450
Total  8,000


*Cost from Study in Sweden. Please note that to be able to get a residence permit for studies, financial proof of around SEK 8000/month for the period for which you are applying for a residence permit must be enclosed with the application. See the Swedish Migration Agency's website for more details.

Swedish currency

Swedish coinage ‘Öre’ & ‘Krona’ (100 öre =1 krona). The lowest denomination coin is now 1 krona, though prices still can show an amount in öre. When you buy something, the total sum will be rounded up or down to the nearest 1 krona. Coins are available in 1, 2, 5, and 10 denominations. Notes are available in 20, 50, 100, 200, 500 and 1000 denominations. Symbols for the krona are ”SEK”, ”Kr” and ”:-”

ATM machines

There are ATM machines all around Malmö. They do not charge the cardholder of a Swedish bank card for using a competing ATM. If you use a bank or credit card from home, check with your bank if they will charge you a fee for making cash withdrawals in Sweden.


Students should be able to open a bank account, although many banks only allow customers with a Swedish personal identity number (personnummer). You can find more information on becoming a bank customer in Sweden on the website of the Swedish Banker's Association.

Credit cards

Major credit cards are accepted widely but you should always have some form of identification to use credit or bankcards in Sweden.

Money Exchange

Cash can be exchanged into other currencies at banks, X-change and Forex offices. The one closest to the University is a Forex office located inside the Central Train Station building.
www.x-change.se or www.forex.se

Last updated by Ulrica Kristhammar