Living costs in Germany: where rents are most expensive!

Living costs in Germany: where rents are most expensive!

In Germany, the impression is often given as if the cost of living is the highest in Europe. According to current calculations, Germany, however, ends up in 5th place in the EU in the overall ranking of living costs, behind Luxembourg, Portugal, Ireland and Malta. This can be found in the explanations of Focus . The analysis shows that rents in Germany are in 6th place in EU comparison, which means that rents in large cities are cheaper in 21 EU countries.

But where are the most expensive rents? At the top is Luxembourg, followed by Malta, Portugal, Ireland and the Netherlands. In Germany, rental prices in large cities such as Munich are particularly high, here the Bavarian capital occupies the sixth highest rents in the entire EU behind cities such as Dublin and Amsterdam. If you move from a smaller place to the city, you often have to dig deeper into your pocket.

prices for energy and food

Another problem child is the energy prices. Germany has the third highest electricity prices in the EU, with an average price of 28 cents per kilowatt hour. Higher costs can only be found in Ireland and Luxembourg. In comparison, natural gas prices in Germany are 11th of the EU with 8.72 cents per kilowatt hour. A certain ray of hope: The petrol prices are more in midfield in Germany, they come to 16th place with 1.68 euros per liter.

Food prices rank in the middle of the EU and are in 15th place out of 27 countries. Luxembourg is the leader in this category, followed by Denmark and Ireland. Anyone who has an eye on the weekly editions will surely be happy that the prices of some goods in Germany remain "acceptable".

German lifestyle with an international comparison

Anyone who compares the cost of living in Germany with prices abroad quickly realizes that there are significant differences. So report on deutsche-im-ausland.org that in Australia in particular in cities like Sydney and Melbourne are significantly higher. A small outlook: rents in these cities can be between 1,500 and EUR 2,100 for small apartments. In Adelaide or Brisbane it looks a little cheaper, here the prices move from 1,100 EUR.

In comparison, the food prices in Australia are also shown: A weekly shopping costs around 90 to 120 EUR. This makes it clear that although Germany is not considered the most expensive country in Europe, the price structure is quite challenging, especially in the big cities. A look at the price levels also impressively shows how purchasing power and quality of life differ in different regions.

Ultimately, it should be noted that regionally large differences in rents, energy prices and foods exist within Germany. This topic is of particular interest to many Cologne, since the low interest rate phase and the lack of living space also show interesting facets here.

So if you plan to move to a larger apartment or a new home, you should prepare well and always have a good hand when choosing the location - that often makes the difference! On the websites of destatis.de can be found on the cost of living and buying power that offer a valuable information basis.