You Don’t Have to Be Rich to Retire in Scandinavia—Start With These 5 Places

Famous for their exceptional quality of life, progressive social policies, stunning natural landscapes, and happy populations, Denmark, Norway, and Sweden—collectively known as Scandianvia—often rank among the best places in the world to live.

They can also be excellent places to retire, especially if you value top-tier health care, low population density, efficient, reliable public infrastructure and services, a rich cultural life, widespread English proficiency, abundant cycling and hiking opportunities, and cool, crisp temperatures over other versions of retirement, like lounging on a sun-soaked beach.

We explored this Northern European subregion for towns and smaller cities that have lower housing costs and a slower pace of life than the capitals, while still offering access to excellent health care, reliable public transportation, and the amenities retirees typically seek.

Here are the five Scandinavian locations that stood out most.

Horsens, Denmark

This coastal town is known, among other things, for its cultural events, strong rail connections, relaxed pace, and close proximity to a national park.

It’s also affordable by Danish standards. Living costs average about $1,770 per person per month, compared with $2,601 in Copenhagen.

Jönköping, Sweden

Jönköping combines natural beauty with strong transport links, a relatively large population, and affordability.

The estimated monthly cost of living for one person is $1,528, which is far lower than Stockholm ($2,297).

In Jönköping, you can enjoy many of Sweden’s strengths without the higher crime rates that have become a concern in some of its larger cities.

Sundsvall, Sweden

If you’re drawn to picturesque landscapes, outdoor recreation, seaside living, a slower pace of life, and cheap living, consider Sundsvall. Here, the average person can reportedly live on about $1,396 a month.

Located much further north, Sundsvall is quieter than Jönköping but still offers good services and health care, making it appealing for retirees prioritizing affordability, tranquillity, and proximity to nature over nightlife, a milder climate, and quick access to Sweden’s larger cities.

Sarpsborg, Norway

Norway was recently ranked the best country in Europe for retirement security by Natixis, thanks to its top-tier health care and low unemployment.

The downside is that these perks come at a price: Norway is widely regarded as the most expensive country in the region.

One of the more affordable and appealing options is Sarpsborg. Close to the sea, the Swedish border, and Oslo, Sarpsborg offers a mix of history, nature, a scenic river, and good transport connections, with monthly living costs averaging about $1,895 per person—considerably lower than the roughly $2,721 per month on average that it takes to live in Oslo.

Hamar, Norway

Situated on the shores of Lake Mjøsa, Hamar is a picturesque town showcasing the natural beauty Norway is known for, along with a reliable train connection just one hour from Oslo.

Like Sarpsborg, Hamar offers top-tier services, amenities, and access to stunning landscapes. However, its scenic lakeside setting and smaller, cozier profile make it slightly more expensive than the larger, more industrial Sarpsborg, with living costs in Hamar averaging around $1,971 per person per month—still a 20% cut from the U.S. average cost of living of $2,516 per person. 

Important Considerations Before Moving

Before moving to Scandinavia, there are several important factors to consider, including the following:

• Visas: None of these countries offer a specific “retirement visa,” and financial independence and private health insurance aren’t always enough to secure residency. In some cases, family ties or other qualifying reasons may also be required.
• Climate: Gray skies, cold temperatures, and short winter days can take some getting used to.
• Language: English is widely spoken, but learning the local language helps with integration.

If none of these deter you, it’s wise to visit the towns or cities that interest you before committing long-term.