How much does it cost to live in Germany in 2024?
Planning an exchange in Germany is an exciting step, but it requires detailed financial organization. As one of the most sought after destinations for international students, Germany offers an astonishing cost-benefit ratio. If you dream of study and work in Germany, you need to know all the costs involved in order to plan properly.
Overview of monthly costs
The cost of living for international students in Germany is considered affordable when compared to other European countries. On average, a student needs €800 to €1,000 a month to cover all basic expenses. This amount may vary depending on the city chosen and lifestyle.
The main monthly expenses include:
- Rent: €300-800
- Food: €150-200
- Transportation: €0-49 (with student ID)
- Health insurance: €110
- Utilities (internet, electricity): €300
- Leisure and other expenses: €50-150
Initial installation costs
Before leaving for Germany, it is important to consider the initial costs:
- Airfare: €800-1200
- Rent deposit: 2-3 months' rent
- Semi-annual tuition fee: €150-350
- Student visa: €75
- Initial trip insurance: €200-300
- Emergency fund: €1000 recommended
Student housing
Housing represents the highest monthly expense for students in Germany. Student housing (Studentenwohnheim) is the most economical option, costing around €300 per month. Private apartments can start at €700, depending on the location. A Be Easy assists in finding accommodations suited to your budget through the program Study and Work in Germany.
Health and insurance system
O Health insurance is mandatory for students in Germany. The main options are:
- Public insurance (Gesetzliche Krankenversicherung): €110/month
- Private insurance (Private Krankenversicherung): starting at €30/month
- European coverage for EU students
- International health agreements
Transportation and mobility
Students have access to excellent benefits at public transport:
- Semesterticket: free or discounted transport
- Integrated bus, subway and train system
- Bike rental: €10-15/month
- Car sharing: available in large cities
Food and shopping
O Cost of food in Germany is relatively low due to strong competition between supermarkets. Check out some average prices:
- Milk (1L): €0.80
- Bread: €1.30
- Rice (1 kg): €1.90
- Chicken (1 kg): €6.80
- Water (1.5L): €0.40
- Beer: €0.60
I work while studying
International students can To work to supplement the income:
- Up to 120 full days or 240 part-time periods per year
- Minimum wage: €12.41/hour (2024)
- University jobs: €10-15/hour
- Paid internships: €800-1200/month
Comparison between German cities
Each German city offers a unique experience for international students. Learn about the main characteristics and living costs in each one:
Berlin
Average monthly cost: €1,321-1,581 (non-central region)
The German capital is a cultural and technological melting pot, with more affordable shared housing costs (€800-1,000). With more than 175 museums and 140 theaters, the city has been recognized by UNESCO as a “City of Design”. It is Europe's largest startup hub, ideal for singles and young couples seeking busy lives and an international environment. It stands out for its technological scene, creative industry and biotechnology, with 26 Michelin-starred restaurants. To live in a central area, consider a budget of €1,800-2,000.
Munich
Average monthly cost: €1,568-1,878 (non-central region)
Capital of Bavaria and the most expensive city in Germany, Munich is home to giants such as BMW, Siemens and Allianz. It offers the largest technological center after Berlin, a very low unemployment rate and more than 80 museums. Perfect for established families and couples who value tradition and safety. In shared housing, the costs reduce to €1,000-1,300, while apartments in central regions can reach €2,300-2,600.
Hamburg
Average monthly cost: €1,418-1,678 (non-central region)
The “Pearl of the North” is Europe's second largest port and an important media and communication hub. It stands out in the logistics, renewable energy and aerospace industries. The city offers an exceptional quality of life, ideal for families and couples. In shared housing, the costs are between €900-1,200, while apartments in central areas or valued neighborhoods vary between €2,000-2,200.
Colonia
Average monthly cost: €1,283-1,543 (non-central region)
With more than 2000 years of history, Cologne is an important cultural and economic center of the Rhineland. The city stands out in the media, insurance, and automotive industry sectors. Its famous carnival and Gothic cathedral are symbols of a city that combines tradition with modernity. In shared housing, the costs reduce to €750-950, while apartments in central areas are between €1,700-1,900, making it ideal for young families who prefer a moderate pace.
Learn more at: Discover the Largest Cities in Germany
Practical tips for saving
Studying in Germany can be more cost-effective with some smart strategies.
Na dwelling, prioritize student housing or share an apartment in residential areas, significantly reducing higher monthly expenses.
For feedings, cook at home and take advantage of promotions from budget supermarkets such as Aldi and Lidl. Plan your weekly purchases and use discount apps to optimize your budget.
No transportation, opt for bicycles or monthly public transport passes, which offer great value for money. For longer trips, consider ride-sharing, which is very common among students.
As for recreation, your student ID card is the key to several discounts. Take advantage of the rich free cultural agenda in German cities, visit museums on free days, and join university groups to socialize for less.
Required Documentation
For a peaceful stay, prepare:
- Valid passport
- Student visa
- Proof of income or scholarship
- Health insurance
- Translated school transcript
- Certificate of proficiency in German/English
Be Easy
A Be Easy is committed to making your dream of studying in Germany a reality. We offer complete support from financial planning to adaptation in the country. Our experienced team assists with the search for affordable housing, guidance on local costs, and tips for optimizing your budget. Contact us and find out how to carry out your exchange in Germany in a planned and safe manner.
Want to learn more about studying in Germany? Click here and talk to one of our expert advisors. We're ready to help you plan your international experience!
