Living Costs & Expenses in Germany

      Share by Email   Print this article   More sharing options  
Living Costs & Expenses in Germany - An image of the German flag and euro currency. Flag money conce
An Overview of Living in Germany - An image of a cheerful woman outside of a large building near Bun
An Overview of Living in Germany

The costs of living in Germany can be quite reasonable, especially when compared with some other European cities such as London. The economical student can expect to spend around €800 per month[1], depending on the city and personal spending habits. This is due to the low cost of student residences being around €200 - €400 per month. However, individuals renting privately can expect to spend anywhere from €470 - €1000+ per month on accommodation alone.

 

Expense[2]

Price In Germany (€)

Converted Price (£)

Rent on 1-bedroom apartment in city centre

€654.88 per month

£556.57 per month

Rent on 1-bedroom apartment outside city centre

€477.97 per month

£406.21 per month

Price of apartment in city centre

€3,907.32 per square metre

£3,320.72 per square metre

Price of apartment outside city centre

€2,624.46 per square metre

£2,230.46 per square metre

Utilities (electricity, heating, water, garbage) for 85m2 apartment)

€216.95 per month

£184.38 per month

Loaf of bread

€1.23

£1.05

Milk (1 litre)

€0.67

£0.57

Bottled Water (1.5 litre)

€0.39

£0.33

Petrol (1 litre)

€1.31

£1.11

Local transport, one-way ticket

€2.70

£2.29

Meal for 2 people, Mid-range restaurant, 3-course

€45.00

£38.24

 




¹ Source: https://www.study-in.de/en/plan-your-stay/money-and-costs/cost-of-living_28220.php

² Source: https://www.numbeo.com/cost-of-living/compare_countries_result.jsp?country1=United+Kingdom&country2=Germany prices as at January 2017