Table of Contents
How much is a good salary in Frankfurt?
An average salary in Frankfurt is about €55,000 per year, higher than the German norm. If you are single and earning this amount before tax, your income after tax may be around only €33,000. There are several websites that are helpful for roughly calculating how much tax you should expect to pay.
Is it expensive to live in Frankfurt Germany?
Despite not being the most expensive city in Germany, Frankfurt has a high cost of living. Housing is rather expensive, but Munich in Bavaria for example, is considerably more expensive.
What is the minimum wage in Frankfurt Germany?
Minimum Wage – Germany
| Per Hour | |
|---|---|
| National Minimum Wage Minimum Wages – last checked – 12/25/20 | €9.50 |
Is Frankfurt Germany expensive to live?
How hard is it to live in Frankfurt with a high salary?
The simple and short answer is that, that much salary most probably is not good and will be a bit tough to live in Frankfurt. The long answer is that it depends on your age and stage in life, along with the field/industry you are working in, and how many years of work experience you have. Also important is where are you coming from.
What is the average rent in Frankfurt per month?
A rule of thumb, ideally your net salary should be at least 3 times the monthly rent you will pay (warm rent, as it is called here). In Frankfurt, average rent these days is 1100 EUR to 1400 EUR per month. Hope that helps. All opinions/answers are my own, and based on my own personal experience.
Is it worth moving to Frankfurt for a Masters degree?
If you are single and have just got your Master’s or Bachelor’s Degree and are moving to, Frankfurt for e.g, then it could still be worth it. You will not live the luxury life and go out partying too much and can probably save some money if you are strict and careful.