Are you considering moving to Frankfurt, Germany? Check below the data for the cost of living in Frankfurt, the financial hub of Germany and a city with an excellent business climate.

Cost of Living in Frankfurt, Germany

Frankfurt (Frankfurt am Main) is a large metropolis in the Western part of Germany. Despite being an European hub and a economic powerhouse , it is not the capital of its state (Hesse). Frankfurt is a very liveable city, even if has a strong focus on finance, and less options of entertainment or academic studies.

There is absolutely no doubt that the top vocation of Frankfurt is the finance industry. It is the headquarters for many national and international public banking institutions, including the European Central Bank.

Many private German banks also have their headquarters in Frankfurt, the same can be said by international banks which have European headquarters in Germany.

The second strong economic engine of Frankfurt is logistics, especially due to the Frankfurt Airport. The airport is the biggest in Europe in terms of cargo traffic and also one of the biggest in terms of passenger traffic.

Despite not being the most expensive city in Germany, Frankfurt has a high cost of living. Housing is rather expensive, but Munich in Bavaria for example, is considerably more expensive.

Let’s check some data for the cost of living in Frankfurt, Germany below:

The currency in Germany is the Euro. The conversion rate to the USD is 1 dollar to 0.96 EUR as of November 22, 2024.

If you want to suggest your own values based on your experiences in this city, click on edit and insert the values. Upon moderation they will be calculated to make part of the average prices displayed below.

Cost of Living for Students in Frankfurt, Germany

Despite having an extremely high cost of living in general, being a student in Germany has huge advantages. Firstly, in many cases, you are not required to pay for tuition fees in many German higher education institutions. This fact alone makes of Germany far more attractive than the UK in terms of cost of living. Secondly, it is possible to get a resident permit for up to 18 months following the end of your education, and you can search for jobs during this period.

Germany has by far some of the most relaxed policies for foreign students in the world. Even if Frankfurt is not considered as a student city like Berlin, Aachen or Cologne, it is still possible to find many opportunities for foreign students in the city.

Here are some of the main higher education institutions in Frankfurt:

Frankfurt School of Finance & Management

Goethe Universität Frankfurt

Frankfurt University of Music and Performing Arts (HfMDK)

Getting a Job in Frankfurt

Due to its financial role in Europe and global markets, Frankfurt has some of the best employment possibilities in Germany, if not in Europe. Most of these jobs are available for high-skilled professionals, in banking, IT and other finance related fields.

Wages in Frankfurt are high, as so is the population purchasing power.

Here are some websites for job hunting in Frankfurt:

Monster.de

StepStone.de

indeed Deutschland

Quality of Life in Frankfurt

Like most cities in Germany, Frankfurt enjoys good standards of living. However, the city may lack entertainment opportunities, depending on your taste. Crime can also be a problem in Frankfurt, and the city is one of the least safe in the country.

Transportation in Frankfurt is one of the best in the world, and there is no need to own a car (unless you want to). The city has an excellent urban public transport infrastructure. You will also benefit from the German railway network. Finally, with the Frankfurt Airport you can directly to most of the biggest cities in the world.
English is widely spoken in Frankfurt. Due to its international business vocation, the level of English in Frankfurt is above the average for Germany.

If you are visiting Frankfurt soon you may want to check some of our other German guides. Check the best places to places to stay in Frankfurt and our article on the where to stay in Cologne. You can also check the cost of living in Munich. If you are visiting the region for banking relate affairs, you may also want to check where to stay in Luxembourg.

Other Resources for Expats and Travelers

Salaries Worldwide: check our articles on wages worldwide and understand better the economics of the countries you may be considering to move or invest.

Retire Abroad: check our retirement guides and maximize your retirement income and quality of life.

Jetradar: compare and find the cheapest air fares worldwide.

The post Cost of Living in Frankfurt, Germany appeared first on Check in Price.

Are you considering moving to Munich, Germany? Check below the data for the cost of living in Munich, one of the wealthiest cities in Germany and Western Europe.

Cost of Living in Munich, Germany

Munich is the third largest city in Germany, and the capital of the wealthy southern region of Bavaria. It is actually of the wealthiest cities in Europe, with a heavily diversified and advanced Economy. Munich also benefits from a very central location in Europe, being just a few hours drive from important cities like Vienna, Zurich and Prague.

The capital of Bavaria is also the headquarters for many of German’s most successful multinationals. Among them, we can mention BMW, Siemens, Allianz, and many others from various economic sectors.

Munich has a high cost of living. Housing and entertainment are the highest costs for expats living in Munich. The housing market is especially expensive as Munich is constantly receiving an influx of expats during the past few years. Even for German standards, housing in Munich is well above the average.

Let’s check some data for the cost of living in Munich, Germany below:

The currency in Germany is the Euro. The conversion rate to the USD is 1 dollar to 0.96 EUR as of November 22, 2024.

If you want to suggest your own values based on your experiences in this city, click on edit and insert the values. Upon moderation they will be calculated to make part of the average prices displayed below.

Cost of Living for Students in Munich, Germany

Despite having an extremely high cost of living in general, being a student in Germany has huge advantages. Firstly, in many cases, you are not required to pay for tuition fees in many German higher education institutions. This fact alone makes of Germany far more attractive than the UK in terms of cost of living. Secondly, it is possible to get a resident permit for up to 18 months following the end of your education, and you can search for jobs during this period.

Germany has by far some of the most relaxed policies for foreign students in the world. The main cost, especially considering Munich itself, will be with housing.
Here are some of the main higher education institutions in Munich:

Munich University of Applied Sciences

Technical University of Munich

Ludwig Maximilian University of Munich

Getting a Job in Munich

Even if studying in Munich is affordable and the visas are pretty relaxed, getting a job is not as simple. The job market in Germany is highly skilled and highly competitive. In other words, you will have to be pretty good at what you do to land a good job in Munich. If you are a EU citizen though, it is pretty easy to find most types of jobs in Munich, especially low skilled ones and mini-jobs.

Wages in Munich are also pretty high, reflecting the wealth of the capital of Bavaria. The purchase power of people employed in Munich is also high, however costs of accommodation reduce it somewhat.

Here are some websites for job hunting in Munich:

Monster.de

StepStone.de

indeed Deutschland

Quality of Life in Munich

Munich enjoys a high quality of life overall. With an excellent transport infrastructure, low level of pollution and great healthcare.

The Munich International Airport is one of the biggest in Germany. It has direct flights to most big cities in Europe as well as many intercontinental destinations in Asia, North and South America and Africa. Germany has one of the most complex railway networks in the world, and getting around inside the country by rail is usually a fast and efficient experience.

English is widely spoken in Munich, especially among younger generations. Despite the fact that Germany is a highly advanced country in terms of education, it is not uncommon to find German citizens that have little to no English skills. This is especially the case if you move away from the city center.

Despite Munich being a rather safe city, crime has been on the rise for the past years.

If you are visiting Munich soon you may want to check some of our other German guides. Check the best places to places to stay in Frankfurt and our article on the where to stay in Dusseldorf. You can also check how to travel from Dresden to Prague.

Other Resources for Expats and Travelers

Salaries Worldwide: check our articles on wages worldwide and understand better the economics of the countries you may be considering to move or invest.

Retire Abroad: check our retirement guides and maximize your retirement income and quality of life.

Jetradar: compare and find the cheapest air fares worldwide.

The post Cost of Living in Munich, Germany appeared first on Check in Price.

Are you considering moving to Berlin, Germany? Check below the data for the cost of living in Berlin, the capital and the biggest city in Germany.

Cost of Living in Berlin, Germany

Berlin is one of the most ethnically diverse cities in the world, the capital of Germany, and one of the largest in the continent in terms of population. The city enjoys a central location in Europe, and is quite attractive for expats willing to relocate to Europe.

Unlike other larger German cities which have a bigger focus on industry, Berlin’s economy is heavily based in the services sector. During recent years the city increased the number of jobs considerably, and its unemployed has consequently declined.

Berlin has some of the most thriving start-up scenes in Europe. There are many tech companies based in Berlin, and a good part of them is interesting in hiring highly qualified expats. Other than that, the Berlin tourism sector is also quite strong, as the German capital is one of the most visited in the continent.

The German capital used to be famous for its relatively low cost of living, but that has considerably changed in the past years. While food continues to be more affordable than other cities in German, accommodation and transport are now comparable to any other commercial hub in the country.

Let’s check some data for the cost of living in Berlin, Germany below:

The currency in Germany is the Euro. The conversion rate to the USD is 1 dollar to 0.96 EUR as of November 22, 2024.

If you want to suggest your own values based on your experiences in this city, click on edit and insert the values. Upon moderation they will be calculated to make part of the average prices displayed below.

Cost of Living for Students in Berlin, Germany

Berlin is an extremely attractive city for students. If offers many undergraduate, graduate and post-graduate degrees in both English and German. The city is also an important hub for foreigners interested in learning German.

Despite Germany being much more affordable for students than countries like the UK or Switzerland, the recent rise in accommodation costs in Berlin impacted the attractiveness of the city for students.

Here are some of the main higher education institutions in Berlin:

Freie Universität Berlin

Humboldt-Universität zu Berlin

Technische Universität Berlin

Getting a Job in Berlin

Berlin is probably one of the easiest places in Germany to land a job if you are an expat. That is partially explained by the fact that the city is extremely international, but also because it is focused on the services industry.

Wages in Berlin are not among the highest in Germany, but they are still pretty good and considerably above the European Union average.

Here are some websites for job hunting in Berlin:

Jobs in Berlin

StepStone.de

indeed Deutschland

Quality of Life in Berlin

Berlin has a number of advantages as the capital of Germany. It has some of the best transport links in the continent, and a virtually infinite amount of eatery choices in its various districts.

However, as a large city, Berlin also has its disadvantages. The capital of Germany is also one of the least safe in the countries, and considerably more dangerous than cities like Munich or Stuttgart. In terms of weather, Berlin rarely suffers from any kind of natural hazards, but it is one of the coldest in Germany.

English is widely spoken in Berlin. As a very international city, the command of the English language among Berlin residents is higher than the average in Germany.

If you are visiting Germany soon you may want to check some of our other German guides. Check the where to stay in Cologne and our article on the  best places to places to stay in Frankfurt. You can also check the cost of living in Munich or Cologne. If you are traveling in the Eastern part of Germany, you can also check the where to stay in Dresden.

Other Resources for Expats and Travelers

Salaries Worldwide: check our articles on wages worldwide and understand better the economics of the countries you may be considering to move or invest.

Retire Abroad: check our retirement guides and maximize your retirement income and quality of life.

Jetradar: compare and find the cheapest air fares worldwide.

The post Cost of Living in Berlin, Germany appeared first on Check in Price.

Are you considering moving to Cologne, Germany? Check below the data for the cost of living in Cologne, one of the most dynamic cities in the western part of Germany.

Cost of Living in Cologne, Germany

Cologne is one of the largest cities in Germany, and the biggest in the North Rhine-Westphalia region. The city is also one of the favorite among expats, for its entertainment options, quality of life, transport infrastructure and geographic location.

As a large city of a wealthy country, the economy of Cologne is highly diversified. Some of the main economic sectors in the city are media and insurance. Despite not attracting as much corporate headquarters as Frankfurt or Munich, the city is still the main hub for some of the main German companies.

Some of the companies headquartered in Cologne are RTL Television and Deutschlandradio. Lufthansa, Germany’s flag carrier airline also has its corporate headquarters in Cologne.

Cologne has a relatively high cost of living, and comparable to other major cities in Western Europe. However, real estate prices are considerably lower in Cologne than other German cities like Frankfurt, Munich or Düsseldorf.

Let’s check some data for the cost of living in Cologne, Germany below:

The currency in Germany is the Euro. The conversion rate to the USD is 1 dollar to 0.96 EUR as of November 22, 2024.

If you want to suggest your own values based on your experiences in this city, click on edit and insert the values. Upon moderation they will be calculated to make part of the average prices displayed below.

Cost of Living for Students in Cologne, Germany

Despite having an extremely high cost of living in general, being a student in Germany has huge advantages. Firstly, in many cases, you are not required to pay for tuition fees in many German higher education institutions. This fact alone makes of Germany far more attractive than the UK in terms of cost of living. Secondly, it is possible to get a resident permit for up to 18 months following the end of your education, and you can search for jobs during this period.

Cologne is one of the best cities for foreign students to study in Germany. It has a higher than average number of higher education institutions in Germany. The cost of living for students in Cologne is also affordable, considering other cities in its region.

Here are some of the main higher education institutions in Cologne:

University of Cologne

TH Köln

Cologne Business School

Getting a Job in Cologne

Despite not being the as attractive in terms of jobs as Berlin or Frankfurt, there is a sizable among of employment opportunities for expats in the city. While some of them will not require a good command of German language, most of them do.

Wages in Cologne are high and competitive, as expats employed in Cologne usually have a good purchasing power.

Here are some websites for job hunting in Cologne:

Monster.de

StepStone.de

indeed Deutschland

Quality of Life in Cologne

Like most cities in Germany, Cologne enjoys good standards of living. The city of Cologne is among the top cities in Germany when it comes to cultural activities and events, including its famous Carnival.

Cologne also enjoys a prestigious geographic position in Western Europe. It is just a few hours ride from countries like Belgium, Luxembourg, Netherlands and France. The Cologne Bonn Airport is one of the busiest in Germany and has direct flights to most European capitals.

English is widely spoken in Cologne. You can expect most locals younger than 30 to have a decent command of the English language.

If you are visiting Cologne soon you may want to check some of our other Germany guides. Check the where to stay in Cologne and our article on the  best places to places to stay in Frankfurt. You can also check the cost of living in Munich or Frankfurt. If you are traveling around the North Rhine Westphalia region, you can also check the best places to stay in Düsseldorf.

Other Resources for Expats and Travelers

Salaries Worldwide: check our articles on wages worldwide and understand better the economics of the countries you may be considering to move or invest.

Retire Abroad: check our retirement guides and maximize your retirement income and quality of life.

Jetradar: compare and find the cheapest air fares worldwide.

The post Cost of Living in Cologne, Germany appeared first on Check in Price.