Living Costs & Expenses 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
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