Compared to some other European countries, Germany is not very expensive. The costs of food, housing, clothing and cultural activities are slightly higher than the EU average. On average, students in Germany spend around 850 euros per month on living costs. The largest expense is rent.
How much money do you need to live comfortably in Germany?
On average, to cover your living expenses in Germany you will need around 861 euros per month (around $1,002 US dollars) or 10,332 euros per year (around $12,024 US dollars). The prices for food, accommodation, bills, clothes, and entertainment are basically in line with the EU average.
Is living in Germany cheaper than the US?
Comparing the two countries, the US is more expensive when it comes to housing and rent. Living in the US, on average, is 49.4% more expensive than living in Germany. A one-bedroom apartment is 66% more expensive in the US. A three-bedroom house is 85% more expensive for Americans.
Is Germany cheaper to live?
Although prices are going up steadily, Germany is still one of the most affordable European countries to live in. Expats can expect to spend around 40% of their paycheck on rent. Munich, Frankfurt, and Cologne are Germanys most expensive cities. Housing prices in Munich are the most expensive in the entire country.
Is Germany an expensive country to live in?
Despite the fact that it is one of the richest countries in the world, living expenses in Germany are not as high as you would expect; they are similar to those of other EU countries.