How much does it cost to live in Hamburg?

Typical monthly costs in Hamburg are approximately €1,400 in rent and €1,000 in other expenses, totalling around €2,400/month.

How much should I save in Hamburg?

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 Hamburg, housing costs can reduce this, particularly for renters.

Hamburg · EUR · high cost city

Cost of living in Hamburg — is your salary enough?

Hamburg median rent is €1,400/month, the second-highest in Germany after Munich. Hamburg's higher costs relative to the German average mean mid-income earners face a moderate savings squeeze.

Rent in Hamburg

Budget€1,100 – €1,250/mo

Typical€1,400 – €1,600/mo

Premium€1,800+/mo

Other monthly costs

Food, transport, bills, going out~€1,000/mo

Total typical monthly spend~€2,400/mo

How different incomes stack up

At typical Hamburg costs (€1,400 rent)

€25,000 – €35,000→ saving -47.7%

Critical

€35,000 – €50,000→ saving -12.9%

Critical

€50,000 – €70,000→ saving 20%

On Track

See your personal verdict for Hamburg

Country

Annual income (gross)€42,500

€10,000€155,000€300,000+

Monthly rent or mortgage€1,400/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 Hamburg salary competitive?SpendVerdict — Is your Hamburg rent too high?