Stockholm, Sweden
+32% vs Stockholm avgÖstermalm is the most expensive area in Stockholm, with a cost of living index of 84.9 — that is +32% compared to the Stockholm average. Only the top 1 of 24 neighborhoods cost more. Estimated rent for a one-bedroom apartment here is around kr 18,026/month, compared to a range of kr 9,832 in Vallentuna to kr 18,026 in Östermalm.
For a typical resident of Östermalm, housing takes up roughly 55% of monthly expenses. Food and groceries account for about 15%, while transportation costs around 8%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately kr 721,030 before tax.
Salaries in Östermalm reflect the local cost of living. Based on the neighborhood COLI of 84.9:
After tax and deductions of 39.0% in Sweden, take-home pay for someone earning kr 721,030 would be roughly kr 439,828/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.
Estimated annual deductions on a kr 579,692 salary in Östermalm, Stockholm (local employee).
Rates shown are for a local employee. Use the salary converter for expat calculations.
What a $75,000 USD salary in Östermalm would need to be elsewhere:
| City | Currency | Equivalent |
|---|---|---|
| New York | USD | $63,675 |
| London | GBP | £54,798 |
| Dubai | AED | AED 318,616 |
| Neighborhood | COLI | Multiplier | vs Avg |
|---|---|---|---|
| Norrmalm | 78.4 | 1.22x | +22% |
| Gamla Stan | 77.2 | 1.20x | +20% |
| Djurgården | 75.9 | 1.18x | +18% |
| Södermalm | 73.9 | 1.15x | +15% |
| Danderyd | 73.9 | 1.15x | +15% |
See exactly what you need to earn in Östermalm, Stockholm to maintain your lifestyle.
Open Salary ConverterNeighborhoods with a similar cost of living to Östermalm:
Yes, Östermalm is one of the more expensive neighborhoods in Stockholm. It costs about +32% more than the city average, ranking #1 out of 24 neighborhoods.
The cost of living in Östermalm is significantly above the Stockholm average. With a multiplier of 1.32x, everyday expenses including rent, food, and transportation are +32% compared to the city baseline.