Luxembourg expensive for rent but cheap for electronics
(CS) Luxembourg is the sixth most expensive country in the EU for consumer goods and services, according to a Eurostat report, behind the Nordic countries, the UK and Ireland.
Luxembourg ranked above the EU average together with 11 other EU member states, highlighting the large differences between price levels within the bloc. Based on 2014 data, the report stated that Bulgaria was cheapest overall in the EU, while Denmark was almost three times as expensive, ranked top in the EU.
Luxembourg was not the most expensive in any of the six categories included in the report. The top most expensive countries in the EU were as follows:
- Food and non-alcoholic beverages: Denmark, Austria, Finland (Luxembourg ranked joint fourth with Sweden)
- Alcoholic beverages and tobacco: Ireland, UK, Finland (Luxembourg joint 15th with Greece)
- Clothing: Sweden, Denmark, Finland (Luxembourg joint 12th with Lithuania)
- Personal transport equipment: Denmark, Netherlands, Portugal (Luxembourg 15th)
- Restaurants and hotels: Denmark, Sweden, Finland (Luxembourg joint 10th with Austria)
- Consumer electronics: Malta, Cyprus, Denmark (Luxembourg 24th with Bulgaria and Hungary)
Luxembourg did emerge as the most expensive country in the Greater Region, which will hardly surprise any resident of the Grand Duchy, with Belgium ranked eighth ahead of France (ninth) and Germany (12th). The Netherlands ranked just behind Luxembourg on place seven.
The Benelux and Greater Region countries were all more expensive than the EU average.
In total, more than 2,400 consumer goods and services were assessed for the study, including items not listed in this report but included in the data collection process, such as rent.
Eurostat data elsewhere listed Luxembourg as having the second most expensive rent prices in the EU at the end of 2013, behind the UK, at 804 euros per person per month. This was well above the European average of 481 euros per person per month. The UK topped the ranking with rent of 902 euros per person per month.