Copenhagen is among the cheapest cities in the world
08 November 2013
A new analysis from fDi Benchmark of 48 capitals around the world shows that Copenhagen is placed as number 36. This placing means that the city is among the cheapest when it comes to businesses’ rent as rent costs in Copenhagen are in line with the Romanian capital Bucharest.
The analysis shows that office costs in Copenhagen are lower than in the cities we normally compare ourselves with such as Amsterdam, Berlin, Helsinki and Dublin. Stockholm and Oslo are the 11 and 12 most expensive cities in the world respectively. Copenhagen is also cheaper than cities like Prague, Budapest and Warsaw.
Claus Lønborg, Director of Copenhagen Capacity, which works to attract foreign companies to the Copenhagen area, highlights that in the global competition for foreign investments, it is crucial that Copenhagen is competitive on rent.