Cost of living in Frankfurt (Oder)
Frankfurt (Oder) is a charming city located in Germany, known for its rich history and cultural significance. Understanding the cost of living in this city is crucial for both residents and newcomers.
This guide provides a detailed breakdown of various expenses, including housing, transportation, groceries, and more, to help you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $6.26 on average, with a range between $5.21 and $26.07.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $31.29, with prices ranging from $31.29 to $83.44.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $6.26, with a range between $5.21 and $12.52.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3.65 to $12.52, imported beer $3.13 to $4.69, cappuccino $1.04 to $4.17, and Coke/Pepsi $1.56 to $3.44.
Grocery Prices
- Milk - Milk is priced between $1.03 and $1.55 per liter, averaging $1.04.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.03 and $2.09, with an average price of $1.71.
- Eggs (Dozen) - A dozen eggs range from $1.97 to $5.21, averaging $3.26.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.08 to $3.13 per kg, while oranges range from $1.87 to $4.17 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.78 and $2.09 per kg, and lettuce costs $1.24 to $2.09 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $1.56 and $1.67, with a monthly pass priced at $51.11.
- Fuel (Gasoline) - Gasoline is priced between $1.78 and $1.97 per liter.
- Taxi Fares - Taxi fares start at $3.13, with a cost of $1.77 to $2.09 per km and $25.03 to $31.29 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (Outside Centre) - Rent for a 1-bedroom apartment outside the centre averages $260.74.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $573.63.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent for a 3-bedroom apartment averages $521.49.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre is $3128.92.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter is $9386.75.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $187.74 and $417.19, averaging $273.53.
- Internet - Internet services range from $36.5 to $52.15, with an average cost of $48.21.
Cost of Living Rankings
The cost of living indices for Germany are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Germany, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Frankfurt (Oder) offers a relatively affordable cost of living compared to larger German cities, particularly in terms of housing and dining.
Public transportation is reasonably priced, making it a viable option for daily commuting.
Grocery prices are moderate, with some variation in the cost of fresh produce and dairy products.
Conclusion
In conclusion, Frankfurt (Oder) presents a cost-effective living environment, especially for those seeking affordable housing and dining options.
While some costs, such as utilities and internet, may vary, the overall expenses remain manageable for most residents.
This city is an attractive option for individuals and families looking to balance quality of life with cost efficiency.