Foreign businessmen who are interested to open a German company
in one of the Germany’s main cities
should become familiar with the general costs of living
, if they are considering to relocate here for a limited or unlimited period of time. Germany
is one of the most attractive business locations available in the European Union (EU), as the country is one of the strongest economies of the Community. The cost of living in Germany
is similar with the one available in other developed countries in the EU and our team of company formation specialists in Germany
can offer assistance in choosing a location suitable to the needs of the investors.
The cost of living in German cities
Businessmen interested in company registration in Germany
can start this procedure after studying the general cost of living in the German cities
. It is important to know that the cost of living
differs greatly amongst the main cities in Germany
Some of the least expensive cities in Germany are:
Some of the most expensive cities to live in are the following:
• Frankfurt am Main;
The cost of accommodaion in Germany
When investing in a new business in Germany
, businessmen can choose to buy a property or to rent an apartment
, which can be used as the main business location for their company. As a general rule, the property market
is strongly represented by renters and it is important to know that most of the accommodation units available in Germany
are fully or partially furnished.
However, such apartments
can cost more than other available options. Renting prices
can vary depending on the city, region, utilities and surface and foreigners can rent an apartment
for prices ranging for approximately EUR 400 to more than EUR 1,000. In this case, it is advisable to receive assistance from our team of company formation agents
when opening a company in Germany
, as our representatives can help establish an overall budget for this procedure.
The prices for utilities, which refer to electricity, heating and water, vary between EUR 140 and EUR 300, while the cost of internet services (calculated on a monthly basis) range between EUR 20 and EUR 30.