Frankfurt · EUR · high cost city
Savings rate in Frankfurt — are you on track?
Frankfurt is a high cost city. 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.
Median rent
€1,600/mo
Frankfurt 2023
Typical other costs
€1,100/mo
excl. housing
Savings benchmark
11–19%
mid-income EUR
Pre-set for Frankfurt — adjust to your situation
What a good savings rate looks like in Frankfurt
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 Frankfurt, housing costs can compress that meaningfully — especially for renters.
Minimum
11%
floor — not building
Expected
15%
benchmark
Strong
25%
top tier
Source: Destatis EVS 2023. Benchmarks shown for mid-income earners in Germany.
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