Cost of living
All students should be able to cover personal living expenses, cost of literature, insurance etc. during their exchange studies. Get an idea of the cost of living as a student in Stockholm below.
Depending on costs for housing, food and leisure a typical minimum student budget for one month in Stockholm could be (all costs in SEK):
- Accommodation: 2 000-4 200
- Food: 2 000
- Local travel: 560 (SL-season card with student discount)
- Telephone/internet: 300
- Clothing, hobby/leisure: 750
- Course literature, insurance, hygiene, other: 1500
Total: SEK 7110-9310
In September 2012: USD 1 = 6,73 SEK; EUR 1 = 8,49 SEK (approximately).
Though most students live on a tight budget, there are ways of making your money last longer. You can use your student card for discounts and the on-campus restaurants are good value. Most students cook their own food; all student accommodations have some form of kitchen facilities.
The student restaurants at KTH offer meals at reasonable prices, approximately SEK 60. Many students bring their own food that can be heated in microwave ovens provided by the Student Union. Dinner starts at around SEK 100-150 (EUR 10-15), drinks not included. Alcoholic drinks are relatively expensive in Sweden.
Financial statement for residence permit
When applying for a residence permit, you must prove to the Swedish Migration Board that you will have a guaranteed sum of money at your disposal throughout the entire period of your studies. The amount, SEK 7,300 per month for ten months of the year, is set by the Migration Board.
If you wish to bring your family you must show that you have at your disposal an additional SEK 3,500 per month for your spouse and SEK 2,100 per month per child.