How much does it cost to live in Frankfurt?

Typical monthly costs in Frankfurt are approximately €1,600 in rent and €1,100 in other expenses, totalling around €2,700/month.

How much should I save in Frankfurt?

Based on Destatis EVS 2023, people at mid-range incomes in Germany typically save 12–20% of gross income. In a high cost city like Frankfurt, housing costs can reduce this, particularly for renters.

Frankfurt · EUR · high cost city

Cost of living in Frankfurt — is your salary enough?

Frankfurt rents average €1,600/month, driven by its status as Germany's financial centre. Frankfurt's finance-heavy workforce skews income higher, but housing costs also significantly exceed the German average.

Rent in Frankfurt

Budget€1,200 – €1,450/mo

Typical€1,600 – €1,850/mo

Premium€2,100+/mo

Other monthly costs

Food, transport, bills, going out~€1,100/mo

Total typical monthly spend~€2,700/mo

How different incomes stack up

At typical Frankfurt costs (€1,600 rent)

€25,000 – €35,000→ saving -66.2%

Critical

€35,000 – €50,000→ saving -27.1%

Critical

€50,000 – €70,000→ saving 10%

Falling Behind

See your personal verdict for Frankfurt

Country

Annual income (gross)€42,500

€10,000€155,000€300,000+

Monthly rent or mortgage€1,600/mo

€0€4,000€8,000+

Other monthly expenses

Food, transport, subscriptions, going out — everything except rent

€1,400/mo

€0€3,000€6,000+

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Cost figures are estimates based on reported median rents and typical spending patterns. Savings benchmarks from Destatis EVS 2023. Figures in EUR.

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Also in the Verdict suite

SalaryVerdict — Is your Frankfurt salary competitive?SpendVerdict — Is your Frankfurt rent too high?