Cost of living in Hamburg
Hamburg, a major port city in northern Germany, is known for its rich history, vibrant culture, and economic significance. Understanding the cost of living in Hamburg is crucial for anyone considering moving to or visiting this dynamic city.
The cost of living encompasses various aspects such as housing, dining, transportation, and more, which are essential for budgeting and financial planning.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $15.8 on average, with a range between $13.7 and $26.34.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $84.29, with prices ranging from $55.84 to $105.37.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10.54, with a range between $10.54 and $12.64.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4.21 to $6.32, imported beer $3.69 to $6.32, cappuccino $2.41 to $5.8, and Coke/Pepsi $2.11 to $4.21.
Grocery Prices
- Milk - Milk is priced between $1.04 and $1.53 per liter, averaging $1.2.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.18 and $4.21, with an average price of $2.05.
- Eggs (Dozen) - A dozen eggs range from $2.52 to $5.06, averaging $3.54.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.11 to $3.69 per kg, while oranges range from $1.89 to $3.16 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.79 and $3.16 per kg, and lettuce costs $1.05 to $2.11 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $2.84 and $4, with a monthly pass priced between $51.63 and $72.7.
- Fuel (Gasoline) - Gasoline is priced between $1.79 and $2.11 per liter.
- Taxi Fares - Taxi fares start at $4.11, with a cost of $2.53 to $4.21 per km and $31.61 to $53.74 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $842.93 to $1580.5, averaging $1159.43.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $632.2 to $1159.03, averaging $849.49.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $1580.5 to $2950.26, averaging $2164.06.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $955.67 to $2107.33, averaging $1547.31.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $7322.97 to $10536.64, averaging $8289.09.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $4214.66 to $9073.24, averaging $5633.38.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $242.34 and $526.83, averaging $355.44.
- Internet - Internet services range from $31.61 to $52.68, with an average cost of $42.57.
Cost of Living Rankings
Hamburg ranks 3rd on the Cost of Living rankings in Germany. 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
Restaurants
Restaurants
Markets
Markets
Transportation
Transportation
Rent Per Month
Rent Per Month
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Buy Apartment Price
Buy Apartment Price
Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Hamburg offers a diverse range of living costs, with housing being a significant expense, especially in the city centre.
Dining out can vary widely in cost, with options available for both budget-conscious and upscale dining experiences.
Public transportation is relatively affordable, and the city provides a comprehensive network of options.
Grocery prices are moderate, with some variation in costs for fresh produce and meats.
Conclusion
In conclusion, Hamburg presents a balanced cost of living with opportunities for both affordable and luxurious lifestyles.
Prospective residents should consider housing and transportation as key factors in their budgeting plans.
Overall, Hamburg remains an attractive city for its cultural richness and economic opportunities, despite the varying costs.