The currency of the Netherlands is the Euro: €. You can find out how much Euro’s your currency is worth by checking the currency converter.
Costs of living in Groningen
Living in the Netherlands can be quite expensive compared to other countries. We want to inform you in advance of the costs of living in Groningen, so you may know what to expect. On average studying in Holland, including your tuition fee, insurance and study books costs between € 700 and € 900 a month. However, if you include going out and having an active social life, you may need more.
Below we have broken down the cost of living in Groningen, based on the monthly expenditures of Dutch students, but without the costs international students are less likely to make. These amounts are averages, depending on your behaviour this can be either more or less.
Housing: ~ €350
Insurance: ~ €40
Groceries: ~ €230
Going out/sports: ~ €110
Clothes: ~ €100
For housing in Groningen, you should count on needing an average of € 350 for your monthly rent. To keep costs low you should apply early for housing so that you may get the cheapest room in one of our international student houses (starting from €265). If you opt for a room with private facilities this may cost from € 400 to € 650.
Apart from more expensive supermarkets, Groningen also has budget supermarkets that sell lots of decent products for low prices. Therefore, quite some money can be saved on an average bag of groceries. You may count on spending € 230 in a month on groceries, but you may be able to save some money by shopping at the cheaper super markets. All supermarkets in the Netherlands offer good quality products.
Restaurants & drinks
Eating in restaurants, having a drink on one of our well-known terraces, and of course going out to one of our bars or discotheques may be the most expensive factor. In an average bar a beer costs € 2,20 and a glass of wine € 2,40. A cola costs about € 1,80. You should count on spending € 1,80 to € 2,00 on a cup of coffee or tea. Strong spirits and cocktails range between
€ 4,00 to € 8,00. On a terrace drinks are generally not more expensive than inside a bar.
Prices in normal restaurants in Groningen average between € 10,00 and € 30,00 for a main course. The cheapest places in Groningen to eat out are the so called ‘eetcafés’. These are restaurants by day, and bars by night. Lots of these places in the inner city have a discount for students or ‘day meals’ for about € 5,00 and € 7,00. Groningen also has multiple McDonalds, Subways, Burger Kings, a KFC, and lots of pizza parlours, Chinese takeout and cafeterias, where you can buy a large portion of ‘pommes frites’ for no more than € 2,00.
The Dutch food culture may not be what you are used to at home. For instance: it is typical Dutch to eat bread (prepared at home) during lunch and have a hot meal in the evening between 6 and 8 PM. The catering in Hanze University of Applied Sciences, Groningen therefore offers mostly snacks, drinks and sandwiches during lunch hour.
Groningen has large warehouses like H&M or C&A where clothing is not expensive. You may buy a pair of jeans for € 25.
Earning extra money
Even though you can work next to your studies, you should not count on earning a substantial income. As soon as you start working, you pay taxes and you will need to take on a Dutch health insurance, a ‘basiszorgverzekering’. This is an expensive insurance. Finding a job may be a problem as well. If you do not speak Dutch, the chances of you finding a job with a Dutch employer are slim.
Possibilities for non-EU/EEA students and also students from Bulgaria and Romania are limited by law. You can work for either 10 hours per week throughout the whole year or 3 months fulltime in the summer. Before you are allowed to work you need to apply for a work permit. First you find an employer who is willing to take you on as a part-time employee. Then they can start a work permit procedure for you with the Centre for Work and Income. You need to be in possession of a valid residence permit. The CWI can issue a work permit for either 10 hours per week or 3 months fulltime in the summer, per academic year.