Or so STATEC has declared. The National Institute for Statistics and Economic Studies has released a new report which confirmed that a couple with two children would need almost € 4,000 to live happily in the Grand Duchy.

This amount is made up of €1,469, around 37% of the total budget, spent on housing, €883 spent on food, around 22%, social life takes up €548 or 14% of the budget, and €406 on transport, 10% of the total.  That leaves €629 for clothing, the children, hygiene and health.

STATEC even points out that this budget of €3,935 is valid for a family which lives outside of the coveted City of Luxembourg and predominantly using public transport.

As far as housing is concerned, rent is more or less €1,200 for a home of around 100 m², the more or les €300 which remains goes on the costs and expenses linked to the home itself.

What do you think? Do you agree or not? Tell us in the comments or on our Facebook page.

Other recent articles:
Rent subsidy still too unknown
7.2% more borrowed from banks for real estate projects
New figures from Observatoire de l’Habitat
Klimabank, the "Climate Bank" lending at zero interest rates
+4.3% of housing prices in the European Union
Luxembourg: a single window for housing assistance
Property in Luxembourg: making social housing a priority
Low cost housing: A first in Luxembourg City
The registration of a lease contract is no longer compulsory in Luxembourg
2017: New Year’s Resolutions for Owners
Property 2017: good resolutions for tenants
Better and better for building in Luxembourg
Housing in the Grand Duchy : towards optimising land resources
Conversion of abandoned industrial facilities in Luxembourg
About 50% of monthly household budget spent on housing
Real estate prices in Luxembourg: a medium-term threat to the Luxembourg economy.
Building and Renovating in Luxembourg in 2017: PRIMe House Help
How about trying out a home before buying it?
Real estate ads: Avoid the scams!