googleNewIconwhatsapp iconTwitterIconinstagramIcon
  1. Home
  2. Blogs
  3. LIFE-AT-ABROAD
  4. Cost Of Living In Germany
LIFE-AT-ABROAD

All You Need to Know About the Cost of Living in Germany !

Germany is one of the most preferred study destinations among Indian students. Thus, it becomes vital to understand the cost of living in Germany and the jobs that scholars can take up there. So let’s get started.

Know all about the cost of living in Germany I Gradding.com

Table of Contents

What Is the Cost of Living in Germany for Students?

From rent to food, students have a lot of expenses to bear when they are in a foreign land. However, these costs can be managed with proper financial planning. Moreover, you must know about all the charges beforehand so that you do not strain your pockets. Thus, in this section, you will learn about the average cost of living in Germany for Indian students. Let’s get started. 

Germany is quite affordable for students as compared to other study destinations. Moreover, it is one of the main reasons why study abroad aspirants are attracted to study in the nation. If you are someone who is planning to study in Germany then you must have a basic idea about the average expense in Germany. The table below shows the estimate cost per month, these include rent, travel and more. Although these are average costs but it may vary depending upon the area that you choose to stay in.

ParticularsCost Per Month
Average RentINR 74,467 - 1,11,701 (€ 800 - 1200)
Food Cost in GermanyINR 13,962 - 23,271 (€ 150 - 250)
TransportationINR 2,792 - 9,308 (€ 30 - 100)
Utility CostsINR 13,962 (€ 150)
Cost of Health Insurance Under the age of 23 years: INR 11,170 (€120)  Over the age of 30 years: INR 21,874 (€235)
Miscellaneous ExpensesINR 9,261 - 18,522 (€ 100 - 200)

The table shows the monthly expenses in Germany for students. It includes key expenses such as food, health insurance, and more.

Besides, finding the cost of accommodation in Germany for Indian students could be challenging. Don’t worry, we have got you covered! The next section contains a list wherein the cost of stay for different cities is mentioned.

Cost of Accommodation: A City-wise List

Here is a list of cities along with the approximate rent per month. All these cities offer affordable apartments in Germany for students. Finding a decent housing in Germany may be a tedious task. However, you may seek assistance from study abroad consultants. These experts guide and assist you to get the best accommodation in Germany.

CitiesAmount Per Month
AachenINR 46,286 - 74,058 (€ 500 - 800)
AugsburgINR 25,920 - 37,029 (€ 240 - 400)
BerlinINR 27,771 - 64,801 (€ 300 - 700)
BochumINR 37,029 - 46,286 (€ 400 - 500)
BonnINR 74,058 - 92,573 (€ 800 - 1000)
CologneINR 32,400 - 37,029 (€ 350 - 400)
DresdenINR 36,103 - 46,286 (€ 390 - 500)
FrankfurtINR 1,00,812 - 1,01,830 (€ 1089 - 1100)
HamburgINR 27,771 - 60,172 (€ 300 - 650)
LeipzigINR 44,435 - 50,915 (€ 480 - 550)

The rent in Germany for students may vary depending on the city, availability, and other factors. The table above shows the list of cities along with approximate rent per month. However, there are various ways to reduce the rent in Germany. The next section covers some ways that can help you minimize rent and other expenses in the city. 

How to Reduce the Average Cost of Living in Germany?

In the above section, you looked at some of the cities that students choose. However, choosing the best place to live in Germany for Indian students depends on individuals. Let us look at the ways to reduce the cost of living in the city. 

Finding an Affordable Place to Stay

The living expenses in Germany for international students are a lot. Thus, you must find decent housing in Germany. You may even consider sharing flats or rooms. Moreover, the stay must not be too far from the university and most importantly it must be affordable. Places in Berlin might be more affordable than Mitte. Thus, students must look for areas that are a blend of affordability and convenience.

Setting a Budget for Transportation

There is an excellent public transportation in Germany. Students can get a pass that is valid for a month. These passes can help you save a lot of money, these travel cards allow you to use any public transportation be it train, bus, or tram. It can be a huge lifesaver for scholars. Besides, if you decide to stay in the cities like Berlin and Munich then the average monthly travel costs of travel will be under INR 9,260 (€ 100).

Accommodation, transportation and food cost in Germany are a few areas where you can cut down your budget.

Next, let us look at some of the highest-paying jobs in Germany.

Want to Know All About the Cost of Living in Germany ?

Call us Now!

Top 10 Highest Paying Jobs in Germany

Germany has the third-largest economy in the world. Indeed, it is exceptionally developed, providing ample of job opportunities to students. The country offers a successful and well-paying career in all fields. Further, let us have a glance at some of the highest-paying jobs in Germany.

Job ProfileAverage Annual Salary
Doctor/SurgeonsINR 2,21,37,566 (€2,39,032)
PilotsINR 83,96,053 (€90,657)
Software ArchitectsINR 82,96,493 (€ 89,582)
Project ManagerINR 71,85,688 (€77,588)
Management ConsultantsINR 71,56,793 (€77,276)
Data ScientistINR 69,35,261 (€74,884)
ActuaryINR 67,70,502 (€73,105)
Legal ConsultantsINR 66,68,164 (€ 72,000)
Product EngineersINR 60,40,523 (€ 65,223)
Neuro scientist / Bio technologistINR 51,81,997 (€55,953)

Besides, are you wondering what is the salary needed to live a comfortable life in Germany? So the answer to this is, a good salary in Germany which includes all the basic necessities generally ranges from €2,500 to €4,000 per month. However, there are a lot of other factors contributing to leading a comfortable lifestyle. These include the locality, personal expenses, and more. Besides, there are various reasons to study in the nation. Let us look at a few in detail:

Do You Wish to Study in Germany?

Why Do Students Choose Germany?

According to the information provided by the Economic Times, for the winter semester 2023-2024, over 49,483 students from India moved to Germany. It is quite affordable and offers a quality lifestyle to students. Are you wondering, ‘Is Germany a good place to live?’ This section will help you explore the answer to this question by giving some of the reasons to study in Germany. So, let’s begin.

  1. Quality Education: Universities in Germany are well-known all over the world. German colleges encourage students to gain industrial experience for overall development.
  2. Affordable Living: The cost of living in Germany is lower than other study destinations. There are various scholarships, financial aid options, and discounts available for students.
  3. Safe Country: Germany has a secure environment, whether day or night, it is a safe place to stay. However, one must take proper precautions to avoid any trouble in the foreign land.
  4. Studying & Working: There are a lot of part time jobs in Germany for students. Moreover, students can work up to 20 hours per week.
  5. Job Opportunities: Germany has a huge market and a great economy worldwide. The nation is famous as it a home to the big 5 automakers including Audi, BMW, Mercedes, Volkswagen, and Porsche.

Conclusion

To wrap up, the cost of living in Germany for Indian students typically ranges between INR 90,751 - 1,38,905 (€980 - 1500). Moreover, the country offers quality living and a variety of career benefits. Thus, over the past few years, it has become one of the top study destinations. The write-up explained everything in detail about the different costs. Further, if you are still unsure how to manage your expenses in a foreign land then you must seek assistance from study abroad consultants in Delhi, as it is the capital of India and has some of the best overseas experts. Besides, for more information and details, you must book a free counseling session with our experts.

Some Useful Links:

FAQ’s

1. How Can I Find a Good College in Germany?

You can use our college predictor tool which will help you get an overview of all the institutes in Germany. It’s user-friendly interface is uniquely designed to assist you in finding a suitable university as per your preferences. There are filters such as stream, ranking, fees, and location to make the process hassle-free.

2. Is Living in Germany Costly for Indian Students?

The average cost of living ranges between INR 90,751 - 1,38,905 (€980 - 1500). The country has a lot to offer be it exceptional education, job opportunities, or the historical charms of the place. It is one of the best study destinations among Indian students.

3. How Do I Find the Right Course for Myself?

These are some of the popular courses in Germany for Indian students. Moreover, you can take the help of our AI-powered course findertool which helps you filter over 75,000 courses. The filtration of courses is done based on the level, duration and country in which you may enrol in.

4. How Much Should I Budget for Food Each Month in Germany?

The average budget that you must allocate for food cost in Germany is INR 13,962 - 23,271 (€ 150 - 250) per month. However, the prices may vary depending on the city and the store that you buy the groceries from.

freeIeltsoffer
mostTrusted
Hand Picked Courses
Get Scholarship Assistance
Get Offer in 15 Days*
Finance/Loan Assistance

Gradding Blogs

Want to read more?

explore blogs

disclaimer:logos and other registered trademarks of universities used on this platform are held by their respective owners. Gradding does not claim ownership or association on them, and their use is purely for informational and illustrative purposes.

Copyrights ©2024 Gradding. All rights reserved.
Gradding Rated 4.7/5 based on 4440Reviews