Overall costs are moderate (CPI: 67.0). Groceries (69.2) and restaurant prices (69.1) are also at moderate levels compared to NYC.

Property prices average 7.1 years of household income, indicating affordability. The rental market (Rent Index: 20.7) is also relatively affordable.

A purchasing power index of 148.4 indicates excellent buying power compared to NYC, suggesting strong average incomes.

Sweden has a progressive income tax system with municipal taxes averaging around 32.4% and a national tax of 20% on higher incomes, leading to a top marginal rate of approximately 55%. The standard VAT rate is 25%, among the highest in the EU. Property taxes include an annual municipal fee (e.g., max SEK 10,425 for residential in 2026) and an effective 22% capital gains tax on property sales.

Sweden boasts a highly favorable business environment, ranking 6th worldwide in the Global Startup Ecosystem Index 2025 and 2nd in Western Europe. It features a thriving startup scene, supported by government policies, venture capital, and a transparent regulatory framework. The corporate tax rate is a competitive 20.6%.

Sweden offers a comprehensive social security system. Universal healthcare provides high-quality, affordable care to residents, though waiting times for non-emergency treatments can occur. The robust pension system includes national public, occupational, and private components, while unemployment benefits are generous, offering up to 80% of previous income for eligible members.

Deposits in Sweden are protected by the statutory Swedish Deposit Protection Scheme (Insättningsgarantin), administered by the Swedish National Debt Office. The coverage limit is SEK 1,150,000 (approximately USD 124,714) per depositor per institution, effective January 1, 2026. This scheme operates under EU directives, ensuring a stable and well-regulated financial environment.