Hello All,
This is just a quick mail to ask for advice. I have been offered a job in Frankfurt, but before I make a decision, I was thinking of asking people who already live there. How much is the tax burden in Germany? I have heard it's about 40-45% for a single person, what is the average rental price in Frankfurt? I have been offered a job at 2600 euros per month, but, I have also been offered a similar wage for a job in England, my decision now is, do I stay in blighty or experience life elsewhere...any advice as to living in Frankfurt would greatly be received, and would also help me in a decision...Thanks in advance...Cota
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Average costs of rental accommodation in Frankfurt
Prices for renting an apartment
Toytown Germany > Discussion forum > Central regions > Frankfurt Rhein-Main > Life in Frankfurt Rhein-Main
Salaries v. cost of living and Cost of living concern Munich, but should help.
And Cost of living comparison - Germany and the U.K. and Life in London address your other issues.
And Cost of living comparison - Germany and the U.K. and Life in London address your other issues.
The average rental price in Frankfurt, as with any city, depends on numerous factors, the most basic of which being the size of the apartment and the year in which it was built.
See the Frankfurter Mietspiegel for tables where you can lookup size vs. age vs. cost.
According to that document a 60m2 apartment that is 20 years old would cost €7.60 per square meter per month. Or €456 per month. That's the "cold" rent. Nebenkosten (amenity charges) are additional.
See the Frankfurter Mietspiegel for tables where you can lookup size vs. age vs. cost.
According to that document a 60m2 apartment that is 20 years old would cost €7.60 per square meter per month. Or €456 per month. That's the "cold" rent. Nebenkosten (amenity charges) are additional.
Being a (almost ex) Frankfurt ok Langen (close enough)
2600 Brotto is not alot of money...
As people stated before you lose about 45% of your wage just to taxes, social insurance etc..
Housing - depends on the area...ain't cheap either although not as expensive as London...
Doesn't leave you with alot of cash afterward...
You can get a small studio apartment - 300 - 400 Euros...hopefully in the area you are looking for...
Best regards, Chris
2600 Brotto is not alot of money...
As people stated before you lose about 45% of your wage just to taxes, social insurance etc..
Housing - depends on the area...ain't cheap either although not as expensive as London...
Doesn't leave you with alot of cash afterward...
You can get a small studio apartment - 300 - 400 Euros...hopefully in the area you are looking for...
Best regards, Chris
Cota,
These kind of questions are very difficult to answer but there is some good info above.
You have to remember that you get more for your money in Frankfurt than London. That means young people aren't forced into house/apartment shares since the price Sq metres is lower. Second the quality of the apartments are better, however this does mean there is a tendency to trade up i.e. you just end-up with the same 35/40% of your salary going on an apartment like London. Granted it is a better apartment and you may be on your own but it's beer money gone.
So my advice is to not trade-up too much unless you really think that you need the quality of life from a good apartment.
Keep the renting costs around 20% to 30% rather than 30% to 40% and then you will have more cash to get drunk with. You can find small studios/apartment I think for around 300 to 500 Euros (I had a friend who found something in Borhheim for that - small but well located).
All the best.
PS. just to add 2600 Euros brutto is not a lot of money so you may find a flat share would keep your costs down.
These kind of questions are very difficult to answer but there is some good info above.
You have to remember that you get more for your money in Frankfurt than London. That means young people aren't forced into house/apartment shares since the price Sq metres is lower. Second the quality of the apartments are better, however this does mean there is a tendency to trade up i.e. you just end-up with the same 35/40% of your salary going on an apartment like London. Granted it is a better apartment and you may be on your own but it's beer money gone.
So my advice is to not trade-up too much unless you really think that you need the quality of life from a good apartment.
Keep the renting costs around 20% to 30% rather than 30% to 40% and then you will have more cash to get drunk with. You can find small studios/apartment I think for around 300 to 500 Euros (I had a friend who found something in Borhheim for that - small but well located).
All the best.
PS. just to add 2600 Euros brutto is not a lot of money so you may find a flat share would keep your costs down.
Just a quick note to say thanks to all so far for the advice, it is very much appreciated believe me.
The rental guide pictured above is, well, a bit off the mark, at least for larger places.
Count on €10 per sq meter warm and you will be in the ballpark, smaller will, of course, be more.
Count on €10 per sq meter warm and you will be in the ballpark, smaller will, of course, be more.
Well I certainly think you can live off 2600€ brutto a month. I imagine that would bring home 1500€ a month after tax for a single person. That is just an estimate though maybe more. Ok it might not be a lot but then that does depend on your age and experience and what sort of job it is. I know people in Frankfurt who live off a lot less that that.
You can get a decent apartment for about 500€ warm a month say a place about 40m²
I would go for it personally you'll never get the same lifestyle in the UK
You can get a decent apartment for about 500€ warm a month say a place about 40m²
I would go for it personally you'll never get the same lifestyle in the UK
I have recently moved here from the UK and found the following...
1. Apartments are rented out by the number of rooms and square metres. In the UK we say a "1 bedroomed flat", over here, its a "2 room flat" as the count bedroom as 1, living room as 2, plus kitchen and bathroom as read.
2. Rents are either cold or warm. Warm includes heating, cold doesnt. Also if an apartment is unfurnished, this could mean the kitchen units are taken out, as well as light fittings!
3. No council tax, but income tax and social security is about 10% higher than the UK. The actual level of income tax itself is more or less the same, but you have to pay higher costs for health insurance, and higher costs for pension. There is also a special tax paying for the reunification of Germany, and tip! when you apply for your tax card, make sure you tell them you dont have a religion, otherwise you'll pay an extra 7% tax to the church!
4. Cost of living is cheaper here than in London, so when you consider salaries are lower, its all relative. A decent meal plus drinks will cost you less than 50€. A beer is around 3€, and a flight back to the UK between 150€-250€
5. accommodation agencies (immobilien service) can be expensive. You will have to pay a fee, around 2-3 months rent, plus around 3-6 months rent in advance as a deposit. See if you can get your firm to offer a letter of indemity to cover the deposit, or pay the "mackler" fee. Otherwise, Frankfurter Rundchau is like the Evening Standard that has private ads.
6. Check the contracrs when you get a place, and before you sign to accept ask for a translation or get someone who speaks German to translate it/check it. I know alot of people who stumped up nearly 2000€ and had more than half deducted when they left because they didnt read the contract provisions properly.
email darrenashford@fsmail.net if you have specific questions.
1. Apartments are rented out by the number of rooms and square metres. In the UK we say a "1 bedroomed flat", over here, its a "2 room flat" as the count bedroom as 1, living room as 2, plus kitchen and bathroom as read.
2. Rents are either cold or warm. Warm includes heating, cold doesnt. Also if an apartment is unfurnished, this could mean the kitchen units are taken out, as well as light fittings!
3. No council tax, but income tax and social security is about 10% higher than the UK. The actual level of income tax itself is more or less the same, but you have to pay higher costs for health insurance, and higher costs for pension. There is also a special tax paying for the reunification of Germany, and tip! when you apply for your tax card, make sure you tell them you dont have a religion, otherwise you'll pay an extra 7% tax to the church!
4. Cost of living is cheaper here than in London, so when you consider salaries are lower, its all relative. A decent meal plus drinks will cost you less than 50€. A beer is around 3€, and a flight back to the UK between 150€-250€
5. accommodation agencies (immobilien service) can be expensive. You will have to pay a fee, around 2-3 months rent, plus around 3-6 months rent in advance as a deposit. See if you can get your firm to offer a letter of indemity to cover the deposit, or pay the "mackler" fee. Otherwise, Frankfurter Rundchau is like the Evening Standard that has private ads.
6. Check the contracrs when you get a place, and before you sign to accept ask for a translation or get someone who speaks German to translate it/check it. I know alot of people who stumped up nearly 2000€ and had more than half deducted when they left because they didnt read the contract provisions properly.
email darrenashford@fsmail.net if you have specific questions.
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