A welfare society
Denmark and Sweden are both welfare societies, which are based on the principle that everyone should have equal opportunities and access to health and welfare services regardless of income.
In Greater Copenhagen, all citizens have free access to state pension, social benefits and child benefits as well as to hospitals, schools and universities.
What about taxes?
The internationally renowned Scandinavian welfare model is paid for by taxation. Taxation finances a wide range of welfare services in Greater Copenhagen, such as universal access to healthcare, free education, affordable childcare and free language classes and public libraries. Furthermore, the people of Greater Copenhagen benefit from well-maintained infrastructure and a high level of safety and public service.
The average taxation for a single person with no children is 49.8%, and while taxation may seem high, the quality of life and salary actually are high. Many expats say that their positive assessment of Greater Copenhagen is because of its quality of life, welfare services and well developed infrastructure.
Wages to live the good life
Purchasing power in Greater Copenhagen is high and it has some of the highest wage levels in the world. In fact, Greater Copenhagen has the sixth highest wage levels in the world.
Even after taxation and general price levels are taken into account, the people of Greater Copenhagen enjoy a strikingly high degree of purchasing power, while still benefitting from free healthcare, education and many other publicly provided services.
The price of the good life in Greater Copenhagen is always fair. Thanks to extraordinarily high domestic purchasing power, you will not have to choose between living your life and working in Greater Copenhagen. With a firm focus on work-life balance, not only will you have the means to lead a good life – you will also have the leisure time to do it.