Hey Ryan!
The cost of living in Sweden varies depending on where you live, but it is expensive on average. The majority of this high cost is accounted for by rent rates, which climb at a pace of roughly 1% every year. In recent years, Sweden has had a housing shortage as a consequence of increased demand from individuals migrating to the country for its high quality of life.
The property market in Sweden has become competitive to the extent that both first- and second-hand rentals are now available. A first-hand rental is someone who rents from the original owner of a property. Second-hand rentals are known as “sublets” in other countries and refer to renting from a current renter (i.e., the holder of the first-hand lease).
In most cases, foreign travelers and international students may only secure second-hand leases for the first few months or half-year in Sweden. These leases have the drawback of seldom lasting more than a year or two. Therefore, new arrivals to Sweden may find themselves packing up and moving around frequently.
Read about all these points in detail here: Cost of living in Sweden | Tuition, housing, and average costs
If you still need help choosing the right country, our study-abroad experts can help. Reach out to them at +91 9145332283 or info@ischoolconnect.com.
