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Average monthly expenses for one person
Average monthly expenses for one person










In comparison, a year ago, in September 2021, it was 5.8 cents per kWh. For new customers, gas currently costs 39.5 cents per kilowatt hour (kWh, as of September 2022). If you want to buy or build a house, though, you need to keep a closer eye on these ancillary costs.Įnergy prices make up a heftier chunk of housing costs. They’re already included in your rent and split among everyone living at your address. Either way, tenants have little impact on their water costs. And what does 1,000 liters of water cost? Trick question! That’s €2, as well-a cubic meter of water is 1,000 liters.

average monthly expenses for one person

Drinking water is an operating cost, just like the cleaning of shared spaces and waste disposal.

Average monthly expenses for one person free#

The fact that water itself isn’t free becomes clear when you receive your bill for ancillary costs. So, in the rest of this article, we won’t just look at the general cost of living in more detail-we’ll also point you towards some handy savings tips! Wages and salaries, though, haven’t kept pace with these increases-which is why more and more people have to live frugally in their old age. Electricity has increased around 63% since 2007, gasoline by 30% since 2010, and food and drink cost 23% more than they did in 2017. Nevertheless, the cost of living in Germany has been going up steadily.

average monthly expenses for one person

A good chunk of change, right? But bear in mind that these average figures are for private households-not just for individuals, but also couples and families.

average monthly expenses for one person

If you calculate this on an annual basis, the average cost of living in Germany is €30,084. The cost of living: average values for Germany in 2022Īll told, how high is the cost of living in Germany? According to Destatis, it adds up to €2,507 a month, with 37% of this going towards housing and energy costs and 15% on food, alcohol, and tobacco (as of September 2022). Costs in federal states in the eastern part of Germany and in the Saarland region are below average. Germany is in the old federal states of North Rhine-Westphalia, Bavaria, and Baden, where the economy is stronger, and in the capital, Berlin. According to Statista, the highest average cost of living in Basically, there’s no way to say for certain whether city or rural living is cheaper.Īlong with the size of your home, the region where you live also impacts how much money you need each month. However, living rurally incurs other costs-like for your own car-that city-dwellers avoid. More people there own their own homes and don’t need to pay rent (but they do need to pay ancillary costs and for renovation work).įor some people, living outside of the city is worth it: People in Berlin have €250 to spare at the end of the month, whereas people in the countryside have €610, after deducting all their expenses. In rural areas, rents are cheaper-and that’s not all. In metropolitan areas, rent, energy, and ancillary costs often make up more than half of your expenses. Rent is a lot higher in big cities like Berlin, Frankfurt am Main, and Munich than in Chemnitz, Gelsenkirchen, or Zwickau. Whether you live in a city or in a rural area has a huge impact on your cost of living. This means that the average cost of living in Germany is just a guide-it can be different for everyone.Ĭomparing the cost of living across Germany And if you’ve got a family, you’ll have to cover the costs of having a child, like clothes, toys, and maybe even kindergarten fees.Īs a result, statistics always use representative goods and price indices to calculate the cost of living. Similarly, if you use public transport or a bike to get around, you’ll spend less than people who drive. If you only buy your groceries from an organic supermarket, you’ll spend more on your food. It goes without saying that people have different needs and different consumer behavior. Here’s a table with the most important things that count towards the cost of living in Germany: Insurance policies and deductions for social security, like your pension or personal liability insurance, aren’t part of the cost of living, strictly speaking-but it’s helpful to take these expenses into account when calculating your household budget. So, what counts towards the cost of living? To name a few things: your home, food, toiletries, and internet plan, not to mention leisure activities and sport.

average monthly expenses for one person

In simple terms, the cost of living is all your expenses for the things you need to live. The term “cost of living” comes from economics and describes what private households spend on day-to-day life.










Average monthly expenses for one person