Cost of living and prices in Greenland, prices of food, rent, shopping, etc 🇬🇱 Updated Jul 2023
Greenland, situated in Northern America, boasts a vast area of 2,166,086 square kilometres and has a population of only 56,375, resulting in a low population density of 0.03 people per square kilometre. The official language of Greenland is Kalaallisut.
Despite its isolation, Greenland's GDP is $2,160,000,000, with a GDP per capita of $ 38315. The currency used in Greenland is Danish krone. You can explore its Arctic landscapes, witness unique wildlife, and immerse yourself in the Inuit culture. Greenland shares maritime borders with Canada, Denmark, Iceland, and Norway.
Visiting Greenland is an adventure like no other, and with our cost of living page, you can better plan your journey whilst also taking into account factors such as the country's beautiful, remote setting.
Cost of Living Estimate in Greenland
You can calculate cost of living in Greenland by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.
Greenland may not be the first place that comes to mind when thinking about culinary destinations, but there are plenty of interesting dining options to discover while exploring this stunning country. For those looking to try traditional Greenlandic cuisine, kalaallit niuerat or raw whale blubber is a popular delicacy that is definitely worth trying. Alternatively, you can sample kaffemik, which is a type of buffet-style meal that is often enjoyed at social gatherings and features a range of traditional dishes like smoked fish, reindeer meat and seabirds.
If you're looking for something a little more familiar, there are also plenty of international dining options available in Greenland's larger towns and cities. Some of the most popular options include Thai and Chinese restaurants, as well as pizzerias and cafes serving up traditional Scandinavian fare. Whatever your tastes and preferences may be, there are plenty of interesting and diverse eating options to discover during your travels in Greenland.
Market prices in Greenland can be quite different than prices in other parts of the world. Due to the remote location and limited resources, goods and services can be more expensive. However, the local fish and seafood are often abundant and relatively affordable, as they are a central part of the traditional diet and economy.
In addition, the tourism industry is growing in Greenland, so prices for accommodations and tours can be higher during the peak travel season. On the other hand, during the winter months, when there are fewer visitors, prices may be more reasonable. It's important to note that the high cost of living in Greenland is offset by the stunning scenery and unique cultural experiences that the country offers.
Greenland is a vast country, and traveling within its borders can be challenging for many reasons. Fortunately, several transportation options are available for visitors to explore this stunning destination. One of the most popular forms of transportation in Greenland is air travel. Throughout the country, several domestic airlines operate flights to remote destinations that are otherwise inaccessible by land.
Another popular transportation option in Greenland is the ferry. Visitors can take the ferry to explore the country's breathtaking shoreline, enjoy the beautiful scenery while covering their distance across the coast. The ferry services are available in several coastal towns, and it is a must-try experience for visitors who want to see the country from a different perspective. Greenland also has a limited road network that connects some of the major towns and cities, and visitors can rent a car to explore the region. However, visitors should note that driving conditions during the winter months can be challenging, and it is better to choose a more experienced driver.
Utilities Per Month prices
Visitors to Greenland should prepare themselves for high utilities costs. The cost of water, electricity, and heating oil is significantly higher than in many parts of the world due to the remote location of the country. Water is a particularly scarce resource in Greenland, so visitors should be mindful of their usage. To keep costs low, many locals have adopted sustainable practices, such as collecting rainwater and using solar panels for electricity.
It's worth noting that many accommodations in Greenland may have unique heating systems due to the harsh climate. Visitors may encounter wood-burning stoves, electric heaters, or even heat pumps. Wood-burning stoves are common in remote areas where electricity is expensive, while heat pumps are more common in urban areas. Be prepared for a slightly different approach to heating, which may also impact your utilities costs during your stay.
Sports And Leisure prices
Greenland offers a unique setting for sports and leisure activities. Visitors can enjoy hiking across vast landscapes that are almost untouched by human influence. Hiking trails range from easy walks around the town to multi-day expeditions deep into the wilderness. For those who prefer water activities, kayaking is a popular choice. Paddling past icebergs and glacier fronts, kayakers can enjoy stunning views of Greenland's natural beauty.
During the winter months, visitors can partake in dog sledding and skiing. Dog sledding is the traditional mode of transportation used by the Inuit people, making it a great opportunity to learn about Greenlandic culture. Skiing is also a popular activity, with cross-country skiing being the most accessible. With pristine snow conditions and panoramic views, it's an experience not to be missed. In addition, visitors can also enjoy ice fishing and snowmobiling. Greenland truly offers a unique opportunity to explore and experience the great outdoors.
Salaries And Financing prices
Salaries and financing in Greenland are quite different from what travelers may be used to in other parts of the world. Although the cost of living can be high, the salaries in Greenland are also relatively high compared to other countries. This is due to the high cost of goods and services in the country, as well as the extreme weather conditions that residents have to endure. This makes it an attractive destination for job-seekers looking to earn a high income.
Financing in Greenland is also unique as the country has its own currency, the Danish kroner, which is widely accepted. There are ATMs and banks available throughout the country for travelers to exchange their currency or withdraw money. However, due to the high cost of living, it is important for travelers to budget accordingly and be mindful of their spending. Additionally, credit and debit cards are not always accepted at all establishments, so it's important to carry cash as well.
Childcare prices in Greenland can be quite expensive, particularly when it comes to schools and kindergartens. These facilities are often run by the government and offer high-quality programs for children of all ages. However, the cost of these programs can be prohibitive for many families, especially those with lower incomes.
Despite the high cost of childcare in Greenland, many parents still prioritize early education for their children. This is because they recognize the importance of providing a strong foundation for their child's future success. While the price tag may seem steep, many parents find that the benefits of quality childcare services far outweigh the upfront costs. Overall, childcare prices in Greenland are reflective of the importance placed on education and the value that parents place on ensuring their child's success.
Clothing And Shoes prices
Clothing and shoes in Greenland can be expensive due to the remote location and limited options. However, there are several stores in larger cities such as Nuuk, Ilulissat, and Sisimiut that offer a selection of clothing and footwear for both locals and tourists. Many of these stores carry brands that are popular in Europe and North America. Additionally, traditional Inuit clothing such as sealskin and caribou skin coats can be found at specialty stores. It's important to note that due to the cold climate, warm and durable clothing and footwear are a necessity in Greenland.
For those looking to save money on clothing and shoes in Greenland, second-hand stores and flea markets are a great option. These stores carry gently used clothing and shoes at a fraction of the cost of brand new items. Additionally, online shopping has become increasingly popular in Greenland with several stores offering the ability to shop online and have items shipped directly to your home. No matter where you choose to shop in Greenland, it's important to remember that the cost of living is generally higher than in other countries, so prices may be higher than what you're accustomed to.
Rent Per Month prices
If you're planning a trip to Greenland, you'll find a variety of short rent and stay options. Whether you're looking for a traditional hotel experience or something more unique, you'll find plenty of options to choose from. Some of the most popular options include hotels, hostels, guesthouses, and homestays. No matter which option you choose, you'll be able to take advantage of the incredible natural beauty that Greenland has to offer. From glaciers and icebergs to rugged mountains and breathtaking fjords, there's something for everyone in this amazing country.
When it comes to prices for short rent and stay options in Greenland, you'll find that they vary depending on the location, type of accommodation, and season. Generally speaking, prices tend to be higher during peak travel times, such as the summer months. However, if you're willing to travel during the off-peak season, you may be able to find some great deals. It's also worth noting that many short rent and stay options in Greenland offer discounts for longer stays, so if you plan to spend more than a few days in the country, be sure to ask about any available discounts or special offers.
Buy Apartment prices
Greenland is a unique destination for real estate buyers due to its location and climate. Most properties in Greenland are owned by the government, and the process for securing a property can be complex. However, there are options available for both private and commercial buyers, including rental properties, residential homes, and commercial buildings. The prices for these properties vary based on their location, size, and condition.
Greenland's real estate market is marked by its scarcity and high demand. There are limited options available for buyers due to the country's small population and remote location. However, this scarcity also means that properties in Greenland can be a valuable investment for those who are willing to take the time to navigate the buying process. Buyers can expect to pay a premium for properties in desirable locations, such as those with ocean views or close proximity to major towns. Despite these challenges, many investors see Greenland as a unique opportunity to own property in an incredibly beautiful and isolated part of the world.