How Much Does It Cost to Live In Frankfurt?
Have you ever heard Frankfurt being often nicknamed “Mainhattan”?
There are two reasons: extremely high multistory buildings and geographical position on the shores of the river Main.
Also, Frankfurt is known for its huge airport where every traveler is afraid to get lost.
But of course, the airport just like the city is well-planned and not so difficult to orient oneself.
Frankfurt combines the history and the modernity, the ancient castles and the top-notch hotels and boutiques.
You can meet a number of like-minded people here since the city has been multicultural and multilingual.Cost of Living Index:
Germany : Cost of Living by City
The small and big restaurants are located in all the parts of the city, and you can even find some cozy places along the river when the weather is nice.
The city has an interesting tradition to serve apple wine with soda or cinnamon, and a traditional green sauce.
The prices here are low and everyone can afford an inexpensive meal for $11.20.
Colorful markets attract visitors with the diversity of fresh products from the farms.
Everything from dairy to poultry to pastry can be found here.
The best street open-air markets can be found not far from the city center, like 2 or 3 km away.
Frankfurt has a very logical and developed infrastructure.
Along with one of the largest airports in Europe, the city is also a home for buses, trams, metro, and city trains.
Taxi and a private car would not be the best choice because the city is said to have bad traffic.
The mobile operators charge an average sum of $0.10 for a prepaid mobile local tariff, excluding plus plans and discounts.
The Internet providers earn about $33.96 from a household monthly.
Water, garbage and other basic utilities cost around $260.
SPORTS & LEISURE
Frankfurt is rich in museums, art galleries, clubs, and cinemas.
You can choose to spend your leisure time at home or go to a conservatoire.
Other good choices are sports like swimming, hiking, mountain climbing, as well as skating, cycling and walking.
CLOTHING & SHOES
Frankfurt is a world famous shopping destination with its trading streets.
People say that it is possible to buy almost everything in the central shopping street where most of the boutiques, small shops, luxurious and chain stores are located.
The prices for running shoes like Nike are higher than in the other German cities, but Zara prices are very sweet.
RENT PER MONTH
The top-notch apartments for temporary residents or some budget living space for permanent workers, students or tourists can all be found here in Frankfurt.
Whether you want to live in the area full of night clubs, bars and the atmosphere of the unlimited leisure, or you want a calm cozy region where you can listen to silence, Frankfurt has something to offer.
Cost of Living Averages Table for Frankfurt*Note: All prices are indicated in USD.
|Average Restaurant Prices|
|Meal (Inexpensive Restaurant)||$11.20|
|Domestic Beer (0.5 Liter)||$4.48|
|Water (0.33 Liter)||$2.35||Average Market Prices|
|Milk (1 Liter)||$0.88|
|Loaf Bread (500g)||$1.41|
|Eggs (12)||$1.85||Average Transport Prices|
|One Way Ticket||$3.08|
|Gasoline||$1.59||Average Utilities Prices|
|Basic (Water, Electricity, Garbage, Heating, Cooling)||$259.43|
|1 min. of Prepaid Mobile Tariff Local||$0.10|
|Internet (Unlimited Data, Cable/ADSL)||$33.96||Average Leisure Prices|
|Fitness Club, Monthly Fee for 1 Adult||$42.10|
|Tennis Court Rent (1 Hour)||$20.30|
|Cinema, 1 Seat, International Release||$13.44||Average Clothing Prices|
|1 Pair of Jeans (Levis 501 Or Comparable)||$87.08|
|1 Summer Dress in a Chain Store (Zara, etc...)||$35.31|
|1 Pair of Adidas Walking Shoes (Mid-Range)||$105.93||Average Rent Prices|
|Apartment (1 bedroom) in City Center||$1042.49|
|Apartment (1 bedroom) Outside of Center||$794.15|
|Apartment (3 bedrooms) in City Center||$2061.91|
How Does the Average Person Spend Their Money in Frankfurt?
Paying the landlord is sometimes painful for many young men in Frankfurt.
The prices for rent make them want to share houses or apartments with friends.
This is absolutely possible in Frankfurt and people spend most of their income to feel comfortable in their homes in Germany.
Less is spent oh the markets and the figure is really impressive, 25/8% against 31.8%.
The average citizens’ do not pay much attention to clothing and shoes.
This can be visible in the statistics showing that the Frankfurters spend only 2.9% on the outfit.
Restaurants and transportation have traditionally shared third place in our statistics.
Average Costs Breakdown
Frankfurt: Average Salary, Minimum Wage & Mortgages
The net minimum wage fixed at the governmental level should not fall below the indicator of $1782.8 per month for a low-qualified worker.
At that, you can still afford yourself a nice apartment by paying the annual mortgage rate and the amount of money you have to pay monthly for the loaned clients.
An average monthly net salary after taxation makes $2670.66.
With this money at your disposal, you can either rent an apartment or choose to buy one.
Sure, lots of people in Frankfurt make less or mone that those sums, but this sum is quite enough to live not the life of the king but the life of the prince.
What About Travel Safety in Frankfurt?
Frankfurt Safety Overview
READ THE FULL REPORT: Frankfurt Safety ReviewSafety Index:
- OVERALL RISK : MEDIUM
- TRANSPORT & TAXIS RISK : LOW
- PICKPOCKETS RISK : MEDIUM
- NATURAL DISASTERS RISK : LOW
- MUGGING RISK : MEDIUM
- TERRORISM RISK : MEDIUM
- SCAMS RISK : LOW
- WOMEN TRAVELERS RISK : LOW
Cost of Living by City in Frankfurt
|City||Cost of Living Index|