Cost of living & Dutch bank account

​Next to tuition fees, an important financial component of studying abroad is the cost of living. Here you can find useful information that will help you plan your budget and manage your financial matters in Groningen. 

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​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.

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 the Netherlands, including your rent, 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: ~ €350-700
  • Groceries: ~ €152
  • Books: ~ €84
  • Public transport: ~ €48
  • Going out/sports: ~ €130
  • Clothes: ~ €58
  • Insurance costs vary for international students, Dutch students pay between € 80- 120 per month
  • Telephone use: ~ €32

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