Is the cost of living in Germany high?
We asked people about the cost of living in Germany, they wrote...
"Overall, the cost of living in Germany is significantly lower than in many other European countries, however, there are still some areas that have a higher cost of living compared with the rest of the country, such as Munich, Hamburg, Cologne, and Stuttgart. The rental price for a nice one bedroom apartment in Germany is usually between $675 and $1100 US Dollars. For a nice two bedroom apartment, the price can range from $800 to $1300 US Dollars per month. Eating dinner at a moderately priced restaurant usually costs around $12 - $20 US Dollars, depending on the location and menu," mentioned another expat when asked about moving to Germany.
"Here are some of the cost of living figures for Dusseldorf, Germany. Flat rent 1000-1500 Eur Flat buy 3000 Eur/m2 Avg Restaurant 8-10Eur/meal Car leasing 300-500 Eur/month Car insurance vary 1000-2000 Eur/year Insurances 300Eur/year Health insurance private 400 Eur/month Health insurance public 400-800 Eur/month Income tax vary depending family status," commented one expat who made the move to Dusseldorf, Germany.
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SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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Click connect to have our partner contact you via e-mail and/or phone.
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Is the cost of living in Germany high?
If you live in Germany, newcomers to Germany would love to hear your answer to this question:
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.