COST OF LIVING IN GERMANY

If you’re planning to study and live as an international student in Germany, it’s good to know and have accurate expectations about the cost of living in Germany. This article covers all the details you need to know.

The cost of living in Germany is quite reasonable compared to other European countries. You will need around 720 euros a month to cover your living expenses in Germany as of 2019. The prices for food, accommodation, bills, clothes, and entertainment are basically in line with the EU average. Your monthly rent is your largest expense in Germany.

ACCOMMODATION
 The first and the biggest concern for every student in Germany is finding a suitable place to rent. Labeling a particular city as an expensive place to live in is done mostly because of the rent costs because that’s the largest expense you will have in Germany.As you can normally expect, downtown area rents are higher and thinking of handling it all alone is practically impossible with a student budget. For this, we suggest you find someone with whom you can share the apartment and hence the renting cost. Many students, of course, find roommates. Big cities like Munich, Hamburg, Cologne and Frankfurt are mainly more expensive than other cities are, like Leipzig or Karlsruhe. Depending on where you’re aiming to find an apartment and what conditions you’re looking to have prices range at a wide scale.

FOOD
 Universities have usually their own cafeteria and mensa incorporated within the campus, which offer a variety of good foods at a low cost. These dining halls use a flexible membership system which allows the student to charge his MensaCard a certain amount of money he possesses and then use that card to get a meal with a cost normally cheaper than 5 euros.At a smaller restaurant, the price for a meal may vary between 8 to 14 euros. Followed by any casual dessert or any drink the price will surely climb higher. For example, half a liter of German domestic beer costs around 3.50 euros, as opposed to an imported beer which costs 3 euros.

HEALTH INSURANCE

As it is mandatory by law, everyone in Germany should have Health Insurance. A Public health Insurance will cost around 90 euros per month whereas the private health insurance cost around 35 euros per month. You can opt for any of the Health insurance.

TRANSPORT

 As a student, you’ll be moving around all the time. Hurrying to arrive on time for your classes, getting back to your apartment, going to meet a colleague on the other side of the city, going to shop for something, everything can get stressful. he semester contribution payment will cover your university bus ticket. If for whatever reason you have to take another type of transportation you might appreciate knowing how much it may cost you.

Currently, a one-way ticket on the local public transport costs 2.00 € on average. If you’re a regular traveler on the same line, then you can purchase a monthly ticket which costs 70€ on average.

MISCELLANEOUS

The Miscellaneous expense can be Cosmetics, Movie Ticket, Parties, Mobile Bill and other Unavoidable Bills. On average its will be around 50 Euros for Miscellaneous expenses.

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