Savings rate in Cologne — are you on track?
Cologne is a high cost city. Cologne rents average €1,300/month, driven by media and commercial activity in Germany's fourth-largest city. Cologne earners at mid-income levels typically achieve Germany's savings benchmark, though housing costs have risen sharply.
Median rent
€1,300/mo
Cologne 2023
Typical other costs
€1,000/mo
excl. housing
Savings benchmark
11–19%
mid-income EUR
Pre-set for Cologne — adjust to your situation
What a good savings rate looks like in Cologne
Using data from Destatis EVS 2023, people at mid-range incomes in Germany typically save between 11–19% of gross income. In a high cost city like Cologne, housing costs can compress that meaningfully — especially for renters.
Source: Destatis EVS 2023. Benchmarks shown for mid-income earners in Germany.
Compare nearby cities
Also in the Verdict suite