# Cost of living

**Source**: https://www.chalmers.se/en/education/study-at-chalmers/living-in-sweden/cost-of-living/
**Parent**: https://www.chalmers.se/en/education/application-and-admission/tuition-fees/

## How much money do I need per month?

The Swedish Migration Agency's requirement for obtaining a residence permit for studies is SEK 10,656 per month for 13 months. If you apply for a two-year residence permit, you double the figure.

It is, however, more expensive than that living in Sweden and it is important that you have funds for all your tuition fees.

## Approximate monthly expenses

- Accommodation SEK 4000 - 8000
- Food/hygiene SEK 4400
- Home insurance SEK 150
- Telephone/internet SEK 750\
- Local travel (30-days pass zone A) SEK 860 (student discount available)
- Course literature SEK 3000
- Clothing, hobby/leisure SEK 1200

Per month: SEK 14 360 – 18 360

[## Blog - Living costs as Chalmers students

Our student ambassadors Bidita and Maria go over their monthly expenses and share their best financial tips and tricks.](https://link.unibuddy.co/unibuddy/sU7SyyXYpRk7QZ9v6)[## Financial requirements for your residence permit

Read more about the financial requirements needed for applying for a residence permit.](https://www.migrationsverket.se/English/Private-individuals/Studying-in-Sweden/Higher-education/Residence-permit-for-studies-in-higher-education.html#financialsupprt)

## Opening a bank account in Sweden

## You may also be interested in

- [Residence permit](https://www.chalmers.se/en/education/study-at-chalmers/living-in-sweden/residence-permit/)
- [Health and insurance](https://www.chalmers.se/en/education/study-at-chalmers/living-in-sweden/health-and-insurance/)
- [Coming with family](https://www.chalmers.se/en/education/study-at-chalmers/living-in-sweden/coming-with-family/)
- [Housing in Gothenburg](https://www.chalmers.se/en/education/study-at-chalmers/living-in-sweden/housing/)