When it comes to cost of living indexes, Copenhagen is one of the most expensive cities in Europe. So it shouldn't come as a surprise that lodgings, along with food and drink, are pricey.
Copenhagen Hotel Overview
Budget hotel options are unfortunately quite scarce in Copenhagen. Still, spending the night in Copenhagen is cheaper than spending the night in London. Copenhagen's hotel rates are slightly more expensive than Stockholm's, and you can't expect the sparkling cleanliness found in the Swedish capital's hotel rooms. There are some real sketch boxes in Copenhagen.
During the summer high season, expect to pay between DKK575 and DKK600 (or between €70 and €80) for a simple double room with shared toilets. If you need en suite facilities and more amenities, then rates will go for between DKK700 and DKK900 (or between €100 and €120) per night. Even here, you'll get a clean, comfortable room without a lot of style.
To sample the delights of Danish design, you will have to reach deep into your pockets, or, alternately, visit Denmark in the dead of winter. DKK1400 (€190) is the jumping off point for these kinds of luxuries. Unfortunately, these hotels are firmly out of Cheapo range.
Still, Copenhagen is a fantastic city. Getting around is relatively affordable, particularly since the city center is so compact. One of the best ways to grasp the scale of the city is to hire a bike and pedal over to the little mermaid or Nyhavn.