Skyline of Malmö
Cost of Living: 112 316,000

Malmö, Skåne, Sweden

A multicultural city connected to Copenhagen by the Øresund Bridge, known for its modern architecture and parks.

Updated July 19, 2026
Cost of Living 112

Above Average vs Sweden Avg (100)

Housing Index 118

Above Average

Median Income SEK 370,000

Household income

Unemployment 7.0%

Job market health

Malmö vs Sweden Average

Cost of Living
Malmö: 112
Sweden Avg: 100
Housing Index
Malmö: 118
Sweden Avg: 100

Taxes

  • Income Tax: None
  • VAT: 25.0%

Economy & Jobs

  • Median Income: SEK 370,000
  • Unemployment: 7.0%
  • Population: 316,000

Climate

  • Sunny Days: 190/year
  • Summer High: 70°F
  • Winter Low: 30°F

Housing

  • Median Home: kr3,800,000
  • 1BR Rent: kr10000/mo

Cost of Living

Malmö's cost of living index is 112 (Sweden average = 100).

CategoryMalmöNational AverageDifference
Overall112100+12.0%
Housing118100+18.0%

Data source: SCB / Numbeo, 2026

Housing Market

MetricValue
Median Home Pricekr3,800,000
Median Rent (1BR)kr10000/mo
Median Rent (2BR)kr12,500/mo
Price per Sq Ftkr2,533

Data source: Hemnet / Numbeo, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

kr
%
$90,000 down
%
%
kr

Utilities

Estimated monthly utility costs for a typical household in Malmö:

UtilityEstimated Monthly CostNotes
Electricitykr200Based on ~5,000 kWh/year typical Swedish household usage
Heating & Coolingkr191Estimated based on local climate. district or electric heating
Cooling (AC)N/AEstimated based on local climate and electricity rates
Waterkr80Includes sewer
Internet (100+ Mbps)kr100Broadband average
Garbage / Trashkr30Private service
Total Utilitieskr601Monthly estimate (including heating & cooling)

Data sources: Energimarknadsinspektionen, Vattenfall, Telia 2025

Best Neighborhoods

Downtown Malmö

The heart of the city with restaurants, shops, and entertainment. Average rent: kr12,000/mo.

Malmö Heights

Trendy area with local businesses and a mix of historic and modern housing. Average rent: kr11,000/mo.

East Malmö

Up-and-coming neighborhood with new developments and young professionals. Average rent: kr9,000/mo.

West Malmö

Family-friendly area with parks and good schools. Average rent: kr9,500/mo.

Remote Work Score

Malmö scores —/100 for remote work readiness:

Cost of Living
112
Rent
kr10000
Sunny Days
190
Tax
None
Unemployment
7.0%
Climate
70°F / 30°F

Climate

Malmö has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January50°F30°F2.5"
April55°F45°F2.8"
July70°F45°F1.5"
October50°F48°F2.2"

Taxes

  • Income Tax: 0% (None)
  • VAT: 25%
  • Property Tax: ~1.2% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 7.0%.

Crime & Safety

Crime rates in Malmö per 100,000 residents:

88.2
Violent Crime
3,378.8
Property Crime
0.9
Homicide

City-level crime data is not available for this location. The figure shown is the national average, which may differ significantly from actual conditions in this city.

Data source: Eurostat

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Malmö, Skåne, Sweden?

The cost of living index in Malmö is 112, which is Higher the Sweden national average of 100.

How much does it cost to buy a home in Malmö?

The median home price in Malmö is kr3,800,000. The housing index is 118.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Malmö is approximately kr10000/mo.

Does Malmö, Skåne have income tax?

Malmö is in Skåne, which has no income tax.

What is the climate like in Malmö?

Malmö enjoys approximately 190 sunny days per year. Summer highs reach around 70°F, while winter lows can drop to around 30°F.

Data Sources

  • Cost of Living: SCB / Numbeo, 2026
  • Housing Data: Hemnet / Numbeo, 2026
  • Income & Employment: SCB Labour Force Survey, 2024
  • Utilities Energimarknadsinspektionen, Vattenfall, Telia 2025

Data last updated: July 19, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.