Cost Of Living For a Single Person in Leipzig 2024

Single person cost of living chart - individual average monthly expenditure in Leipzig

Average Monthly Expenditure

Currency: EUR
370 2,600 17,000
MINIMUM AVERAGE MAXIMUM
$400 $2,800 $19,000

Average monthly spending for a single person or individual in Leipzig

How much money does an individual need in a month to survive in Leipzig?

A single person in Leipzig spends around 2,600 EUR per month on average. Depending on the lifestyle, a single individual can survive with a monthly budget as low as 370 EUR or as high as 17,000 EUR. Location and income are very important factors and have a huge influence on expenditure and budget.


Prices and cost of goods and services in Leipzig


Chart showing the prices and cost of grocery, food, restaurant meals, market, and beverages in Leipzig

Dining, food, and beverages costs


Fast food combo meal

4.3 EUR 8.5 EUR 14 EUR
MINIMUM AVERAGE MAXIMUM
$4.6 $9.3 $15

Restaurant meal for one

14 EUR 21 EUR 41 EUR
MINIMUM AVERAGE MAXIMUM
$15 $22 $45

Fine dining meal for one

28 EUR 41 EUR 170 EUR
MINIMUM AVERAGE MAXIMUM
$30 $45 $180

Cappuccino or latte

3.6 EUR 5.7 EUR 8.5 EUR
MINIMUM AVERAGE MAXIMUM
$3.9 $6.2 $9.3

Grocery and market costs


Milk large bottle

2.8 EUR 3.4 EUR 4.3 EUR
MINIMUM AVERAGE MAXIMUM
$3.1 $3.7 $4.6

12 eggs

2.1 EUR 2.8 EUR 4.3 EUR
MINIMUM AVERAGE MAXIMUM
$2.3 $3.1 $4.6

Fresh whole chicken

4.9 EUR 6.3 EUR 8.9 EUR
MINIMUM AVERAGE MAXIMUM
$5.3 $6.8 $9.6

Pack of beef

5.7 EUR 8.5 EUR 17 EUR
MINIMUM AVERAGE MAXIMUM
$6.2 $9.3 $19

Medium bag of rice

2.3 EUR 3.1 EUR 4.4 EUR
MINIMUM AVERAGE MAXIMUM
$2.5 $3.4 $4.8

Bag of tomatos

0.85 EUR 1.1 EUR 2.1 EUR
MINIMUM AVERAGE MAXIMUM
$0.93 $1.2 $2.3

Bag of apples

1.5 EUR 2 EUR 3.3 EUR
MINIMUM AVERAGE MAXIMUM
$1.7 $2.2 $3.6
Chart showing the prices and cost of commute, travel, and transportation in Leipzig


Commute, travel, and transportation costs


20 minutes taxi ride

3.5 EUR 4.1 EUR 8.3 EUR
MINIMUM AVERAGE MAXIMUM
$3.7 $4.5 $9

Average car full tank

21 EUR 28 EUR 57 EUR
MINIMUM AVERAGE MAXIMUM
$23 $31 $62

Average car 1-day rental

20 EUR 27 EUR 40 EUR
MINIMUM AVERAGE MAXIMUM
$22 $29 $44

Average car price

11,000 EUR 21,000 EUR 28,000 EUR
MINIMUM AVERAGE MAXIMUM
$12,000 $23,000 $31,000

Bus ticket one way

0.67 EUR 1 EUR 2 EUR
MINIMUM AVERAGE MAXIMUM
$0.73 $1.1 $2.2

Car Service

27 EUR 40 EUR 80 EUR
MINIMUM AVERAGE MAXIMUM
$29 $44 $87
Chart showing the prices and cost of utility, energy, water, and gas in Leipzig


Utility cost (monthly)


Utility Bill - Individual

22 EUR 150 EUR 1,000 EUR
MINIMUM AVERAGE MAXIMUM
$24 $170 $1,100

Internet and cable

21 EUR 43 EUR 57 EUR
MINIMUM AVERAGE MAXIMUM
$23 $46 $62

Mobile phone charges

17 EUR 28 EUR 85 EUR
MINIMUM AVERAGE MAXIMUM
$19 $31 $93

Leisure and activities costs


Movie ticket

11 EUR 14 EUR 21 EUR
MINIMUM AVERAGE MAXIMUM
$12 $15 $23

One month gym membership

32 EUR 40 EUR 80 EUR
MINIMUM AVERAGE MAXIMUM
$35 $44 $87
Chart showing the prices and cost of clothing and accessories in Leipzig


Cloths and accessories costs


Pair of jeans or pants

24 EUR 34 EUR 50 EUR
MINIMUM AVERAGE MAXIMUM
$26 $36 $55

Woman dress

22 EUR 31 EUR 100 EUR
MINIMUM AVERAGE MAXIMUM
$24 $34 $110

Woman shoes

21 EUR 29 EUR 67 EUR
MINIMUM AVERAGE MAXIMUM
$23 $31 $73

Men's shoes

18 EUR 22 EUR 45 EUR
MINIMUM AVERAGE MAXIMUM
$20 $24 $48

Men suit

20 EUR 25 EUR 130 EUR
MINIMUM AVERAGE MAXIMUM
$22 $27 $150

Regular t-shirt

10 EUR 13 EUR 40 EUR
MINIMUM AVERAGE MAXIMUM
$11 $15 $44
Chart showing the prices and cost of housing, accommodation, and rent in Leipzig


Housing costs / monthly rent


Studio apartment

340 EUR 500 EUR 1,300 EUR
MINIMUM AVERAGE MAXIMUM
$360 $550 $1,500

1-bedroom apartment

500 EUR 800 EUR 2,000 EUR
MINIMUM AVERAGE MAXIMUM
$550 $870 $2,200

2-bedroom apartment

670 EUR 1,000 EUR 2,700 EUR
MINIMUM AVERAGE MAXIMUM
$730 $1,100 $2,900

Housing costs / Buying


Studio apartment

67,000 EUR 100,000 EUR 200,000 EUR
MINIMUM AVERAGE MAXIMUM
$73,000 $110,000 $220,000

1-bedroom apartment

80,000 EUR 130,000 EUR 500,000 EUR
MINIMUM AVERAGE MAXIMUM
$87,000 $150,000 $550,000

2-bedroom apartment

130,000 EUR 400,000 EUR 800,000 EUR
MINIMUM AVERAGE MAXIMUM
$150,000 $440,000 $870,000
Chart showing the prices and cost of furniture in Leipzig


Furniture Costs


King Size Bed

430 EUR 530 EUR 710 EUR
MINIMUM AVERAGE MAXIMUM
$460 $580 $770

Double Bed

280 EUR 430 EUR 530 EUR
MINIMUM AVERAGE MAXIMUM
$310 $460 $580

Single Bed

250 EUR 330 EUR 430 EUR
MINIMUM AVERAGE MAXIMUM
$270 $360 $460

Living Room

470 EUR 610 EUR 2,100 EUR
MINIMUM AVERAGE MAXIMUM
$510 $660 $2,300

Dining Table

210 EUR 280 EUR 530 EUR
MINIMUM AVERAGE MAXIMUM
$230 $310 $580

Sofa or Couch

280 EUR 390 EUR 850 EUR
MINIMUM AVERAGE MAXIMUM
$310 $420 $930
Chart showing the prices and cost of electronic devices and appliances in Leipzig


Electronics and House Appliance Costs


TV Set

280 EUR 430 EUR 850 EUR
MINIMUM AVERAGE MAXIMUM
$310 $460 $930

Fridge or Freezer

250 EUR 390 EUR 530 EUR
MINIMUM AVERAGE MAXIMUM
$270 $420 $580

Washing Machine

330 EUR 470 EUR 850 EUR
MINIMUM AVERAGE MAXIMUM
$360 $510 $930

Stove or Cooker

300 EUR 390 EUR 530 EUR
MINIMUM AVERAGE MAXIMUM
$330 $420 $580

Mobile Phone

360 EUR 430 EUR 610 EUR
MINIMUM AVERAGE MAXIMUM
$390 $460 $660

Laptop or Computer

390 EUR 470 EUR 850 EUR
MINIMUM AVERAGE MAXIMUM
$420 $510 $930
Single person or Individual cost of living and expenditure to income ratio in Leipzig

Single person expenditure to income ratio in Leipzig

Analysing the how affordable it is for an individual to live in Leipzig

One of the most definite ways to determine how affordable a place is measuring the ratio of expenses to salary. A high expense-to-income to ratio indicates a high cost-of-living index while a low expenditure-to-salary ratio means the place is affordable to live in. Individuals usually spend a larger chunk of their income than other population groups. A typical and healthy expenditure percentage for a single individual ranges between 70% to 80%.


Spending to Income Ratio

71%

63% to 80%

( expenditure / income ) x 100


Individuals in Leipzig spend around 71% of their monthly income. Some individuals spend as low as 63% of their income while some as high as 80%.

Distribution of monthly cost of living expenses of a single person in Leipzig

How do individuals spend their money in Leipzig?

We asked thousands of individuals about their spending habits and expenditure break down.


The percentage figures in this section are percentages of total spending not income. If you would like to see the percentage of expenses as related to income or salary, see other sections.

Housing and accomodation expenditure for individuals

Accomodation Cost33%

33% of total expenses on average (21% to 45%)

LOW$140   130 EUR
AVERAGE$1,000   930 EUR
HIGH$6,700   6,200 EUR
Per Month

Individuals in Leipzig typically spend from 21% to 45% of their total monthly expenditure on housing with 33% being the average. The average monthly spend on housing is 930 EUR with expenditure ranging from 130 EUR to 6,200 EUR. This cost mainly goes for rent but it also includes other accommodation-related expenses.

Electricity, utilities, energy, water, internet, and mobile expenditure for individuals

Cost of utilities7%

7% of total expenses on average (3% to 12%)

LOW$24   22 EUR
AVERAGE$170   150 EUR
HIGH$1,100   1,000 EUR
Per Month

Utility expenditure like electricity, water, and gas in Leipzig ranges from 3% to 12% of total expenses with 7% being the average for most individuals. The average monthly cost of utilities is 150 EUR with 22 EUR and 1,000 EUR being the upper and lower limits for a single person.

Transport, fuel, and commute expenditure for individuals

Cost of transport and fuel6%

6% of total expenses on average (4% to 12%)

LOW$32   29 EUR
AVERAGE$220   210 EUR
HIGH$1,500   1,400 EUR
Per Month

Fuel consumption and cost of transport depend heavily on whether a single person resides near school and work, but roughly speaking a single person would expect to spend from 29 EUR to 1,400 EUR in a month on commuting with 210 EUR being the norm for most individuals. This means that money spent on transport constitutes about 6% of total spending on average but can go as low as 4% or as high as 12%.

Food, groceries, and basic shopping expenditure for individuals

Food and Groceries Cost18%

18% of total expenses on average (12% to 23%)

LOW$64   59 EUR
AVERAGE$450   410 EUR
HIGH$3,000   2,700 EUR
Per Month

The average outlay on groceries and basic houshold items for a typical person in a month in Leipzig is 410 EUR. The cost of groceries can range between 59 EUR to 2,700 EUR. Individuals spend on average about 18% on food and groceries with upper and lower bounds of 12% and 23% respectively.

Healthcare and medical services expenditure for individuals

Cost of healthcare11%

11% of total expenses on average (5% to 15%)

LOW$36   33 EUR
AVERAGE$250   230 EUR
HIGH$1,700   1,500 EUR
Per Month

Individuals in Leipzig allocate 5% to 15% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending on medical services and clinic visits is around 11%. The range of medical expenses range from 33 EUR to 1,500 EUR with 230 EUR being the norm for most individuals.

Leisure and shopping expenditure for individuals

Cost of leisure and shopping4%

4% of total expenses on average (3% to 7%)

LOW$20   18 EUR
AVERAGE$140   130 EUR
HIGH$930   860 EUR
Per Month

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 18 EUR to 860 EUR with 130 EUR being the average. Speaking of percentages, that equates to 3% to 7% of total expenses with an average of 4% for most individuals.

Education and schooling expenditure for individuals

Cost of education and schooling2%

2% of total expenses on average (1% to 4%)

LOW$7.9   7.3 EUR
AVERAGE$56   51 EUR
HIGH$370   340 EUR
Per Month

Spending on education can vary drastically between different individuals. On average, education constitutes 2% of the monthly expenditure of individuals with 1% and 4% being the lower and upper bounds respectively. The average reported education cost is 51 EUR per month with 7.3 EUR being the minimum spent amount and 340 EUR being the maximum.

Other Expenses20%

20% of total expenses on average (12% to 24%)

LOW$72   66 EUR
AVERAGE$500   460 EUR
HIGH$3,400   3,100 EUR
Per Month
Percentage of individuals who manage to save money from their income every month in Leipzig

What percentage of individuals in Leipzig are able to save money and how much can they save?


Percentage of individuals that reported their ability to save money


Saving Money
70%
Not Saving
30%

Almost 70% of surveyed individuals in Leipzig said that they can save some money at the end of each month while 30% reported that they have to utilize their whole income to survive.


A single person savings to income ratio in Leipzig

Savings-to-Income Ratio

The savings-to-income ratio is measured as the percentage of income that people save over a specific period and it is simply calculated by dividing the saved money by total income and then multiplying the result by 100. (Savings / Income) x 100.


How much money do individuals manage to add to their savings?

The amount of money that people can afford to save depends hugely on their income. It is better to focus on the percentage when trying to understand saving patterns.

Saving to Income Ratio

17% 26% of income 35%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

120 EUR
$130
1,000 EUR
$1,100
7,000 EUR
$7,600
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for individuals

Saving To Income Ratio% Individuals
0% - 10%28%
10% - 20%22%
20% - 30%16%
30% - 40%17%
40% - 50%13%
> 50%4%

Interpretation and Analysis

Individuals that are able to save money can put anywhere from 17% to 35% of their monthly income to their savings, with 26% being the average for most individuals. The average monthly amount of money that individuals can put aside is 1,000 EUR with 120 EUR and 7,000 EUR being the minimum and maximum respectively.

Reasons that make it difficult for individuals to save money in Leipzig

Saving Challenges in Leipzig

Reasons that make it difficult for individuals to save money

We wanted to understand what is stopping people from maximizing their savings in Leipzig. Listed below are the answers given by the survey participants.


Reason% People
Low Income6%
High Expenses9%
Debt and Loans18%
Lack of Budgeting Skills10%
Impulsive Spending9%
Financial Emergencies6%
Living the moment7%
Will do it later17%
Inflation10%
Social Pressure3%
Market Instability3%

Around 6% of the individuals said that their salary is too low to accommodate a portion for savings while 9% said that the high cost of living leaves little room for savings. 18% of the residents said that they are burdened with debt and find it challenging to save money. 10% reported that they just don't have the knowledge or discipline to create and stick to a budget, leading to overspending and an inability to save. 9% of individuals blamed impulsive spending as the reason for saving inability. Around 6% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 7% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 17% reported that they understand the value of saving but are putting off saving for the future, thinking they have plenty of time to start later. 10% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 3% said that social pressure and keeping up with peers or social expectations makes them overspend. Lastly, 3% blamed market instability and price fluctuations.

Where do individuals choose to put their savings in Leipzig

Typical saving choices for individuals in Leipzig

Where do people choose to put their savings?


Saving Type% People
Emergency Funds11%
Gold10%
Savings Accounts17%
Retirement Accounts11%
Cash Savings16%
Real Estate10%
Investment6%
Stocks6%
Bonds6%
Mutual Funds3%
Certificates of Deposit3%
A typical and healthy budgeting structure. The 50-30-20 rule

A typical and healthy budgeting structure

The 50/30/20 rule

Spending among different people can vary significantly based on factors such as their income, lifestyle, location, and personal preferences. A commonly used guideline for budgeting is the 50/30/20 rule, which suggests allocating your income into three main categories in the following percentages.

  • 50% for needs and financial obligations

    This category includes essential expenses like housing, utilities, groceries, transportation, and healthcare.

  • 30% for wants and discretionary spending

    This category covers discretionary spending on non-essential items, such as dining out, entertainment, travel, and other lifestyle choices.

  • 20% for savings and emergency fund

    This is the percentage that must be allocated to savings, emergency funds, and retirement accounts.

About financial planning, money management, and household budgeting

The 50/30/20 rule is used as a general guideline but may not be the best choice for all people. There are in fact many budgeting plans out there like the 70/20/10 and the 60/20/20 rules, all claiming to be the best. More important than all of this is to establish financial discipline by creating a budget tailored to your specific financial goals and situation. It is very important that your financial outflow be less than your income to maintain a healthy cash flow.

Income and cost of living compatibility. Is it affordable or economical for individuals to live in Leipzig

Affordable living in Leipzig

Income and cost of living compatibility

We asked individuals one simple question and recorded their answers.

Is it affordable or economical to live in Leipzig?


Yes
74%
No
26%

Around 74% of surveyed individuals think that living in Leipzig is affordable with proper budgeting while 26% reported that it is just too expensive and not affordable even with frugality and thriftness.

How easily is cost-cutting for individuals. Are there plenty of low-cost options in Leipzig

Low-cost alternatives in Leipzig

People are always looking for ways to cut down expenses and reduce expenditures. The hallmark of any affordable place is the availability of discount stores, bargain deals, smart or secondhand shopping, refurbished items, and couponing. We asked individuals how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options60%

Few low-cost options41%


Based on the survey, 60% of the individuals living in Leipzig have no problem finding low-cost alternatives to support a frugal lifestyle while 41% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Emergency Funds For Individuals

An emergency fund is a financial safety net comprised of easily accessible savings set aside to cover unexpected expenses or financial emergencies, typically amounting to three to six months' worth of living expenses. We asked individuals of Leipzig whether they have an emergency fund and the answers were as follows.

Yes71%

No29%


Based on the survey, 29% of the individuals living in Leipzig said that they don't have an emergency fund while 71% said that they do.

Financial literacy and difficulty in budgeting and financial planning for individuals in Leipzig

Financial Literacy in Germany

Financial literacy is the knowledge of concepts and principles related to personal finance that allow individuals to make informed decisions regarding their money such as budgeting, saving, investing, borrowing, managing debt, financial risk management, and planning.

Financial Leteracy71%


We asked individuals in Leipzig whether they acquired any adequate personal financial training in their lives. Approximately 29% of the people who participated in the survey said that they are not well informed about the topics of budgeting, saving, etc., and just manage things based on their own experience, while 71% said that they know about the general principles of personal finance from sources other than their own experience.


Difficulty in Budgeting and Financial Planning

We wanted to understand whether single people of Germany have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 28% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 72% said that they have everything under control.

Struggles with finance28%

Easily manages finances72%

Financial goals and targets of single people living in Leipzig

Financial goals of individuals in Leipzig

In an attempt to understand the economic situation in Leipzig, we asked participants about their financial targets. By knowing what the population in general is trying to achieve, we can shed light on the economic outlook, cost of living, and quality of life in general.


Financial Goal% People
Emergency Fund7%
Debt Reduction32%
Retirement Savings7%
Education Funding8%
Homeownership17%
Investing9%
Travel or Lifestyle11%
Healthcare Expenses9%
Financial Independence9%

Around 7% of individuals said that their main goal is to establish an emergency fund to cover unexpected expenses while 32% said their number one priority is to pay off high-interest debt or loans and improve credit. 7% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 8% reported that their priority is saving for the tuition fees and education costs of their children while 17% choose to buy a home or pay off existing mortgage before other things. 9% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 11% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 9% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Chart showing the percentage of individuals who are in debt in Leipzig

Debt, loans, and mortgages in Leipzig


Percentage of individuals who are in debt


In Debt
26%
Debt Free
74%

According to the survey, 26% of the individuals in Leipzig have some kind of debt, loan, mortgage, or credit card payments while 74% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Leipzig

Debt-to-income ratio in Leipzig

Debt to income ratio

25%

17% to 35%

( monthly debt payment / monthly income ) x 100

Interpretation

The debt-to-income ratio measures the percentage of income being paid as debt settlement across the population. It is calculated by dividing the monthly debt settlement payment of an individual by their monthly income. Based on collected data, approximately 25% of a single person's monthly income in Leipzig goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%3%
50% - 60%11%
40% - 50%11%
30% - 40%13%
20% - 30%15%
10% - 20%19%
0% - 10%28%

According to our data, 3% of the debtors in Leipzig pay 60%+ of their income as debt settlement while 11% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 11% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 13% dedicated 30% to 40% of income for same. Things are looking brighter for 15% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in Leipzig

Debt% People
Real Estate Mortgage13%
Auto Loan23%
Student Loan3%
Credit Card25%
Personal Loan36%

13% of debtors in Leipzig confirm that real estate mortgages constitutes the main part of their outstanding debt while 25% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 23% of people and personal loans rose at 36%. Lastly, student loans are the main source of debt for 3% of debtors in Leipzig.


About credit score and debt management

Managing debt is a critical aspect of maintaining a favorable credit score. Debt reduction is the first thing you should do improve your financial situation. Getting rid of debt takes precedence over saving money because of interest rates.

Good debt vs. Bad debt

Not all debt is bad. Good debt typically refers to borrowing money for investments that can increase in value or generate income over time like purchasing a home or acquiring student loans. On the other hand, bad debt involves borrowing for things that fail to generate lasting value like high-interest credit card debt used for non-essential expenses like luxury items or vacations.


Loan Affordability Index in Leipzig

Besides measuring the loan-to-income ratio, we asked individuals of Leipzig how many times in a year they defaulted or were unable to pay their due credit card or loan payments on time. Understanding how often people default on their due payments is one of the indicators of the cost of living and economic situation.

Frequency and percentage of people who failed to pay their monthly credit card or loan payments on time last year.

Frequency% People
Never55%
Once a year22%
Twice a year11%
Three times a year8%
Four times a year4%
Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Leipzig

Housing costs, accommodation, and housing affordability in Leipzig

Rental costs and house/apartment prices can vary drastically between different areas and locations.


Rent Cost in Leipzig

Monthly Rent Prices

Studio apartment monthly rent cost

340 EUR 500 EUR 1,300 EUR
MINIMUM AVERAGE MAXIMUM
$360 $550 $1,500

1-bedroom apartment monthly rent cost

500 EUR 800 EUR 2,000 EUR
MINIMUM AVERAGE MAXIMUM
$550 $870 $2,200

2-bedroom apartment monthly rent cost

670 EUR 1,000 EUR 2,700 EUR
MINIMUM AVERAGE MAXIMUM
$730 $1,100 $2,900

3-bedroom apartment monthly rent cost

800 EUR 1,300 EUR 3,700 EUR
MINIMUM AVERAGE MAXIMUM
$870 $1,500 $4,000

Furnished apartment monthly rent cost

1,600 EUR 4,000 EUR 8,000 EUR
MINIMUM AVERAGE MAXIMUM
$1,700 $4,400 $8,700

Townhouse monthly rent cost

1,300 EUR 2,000 EUR 5,700 EUR
MINIMUM AVERAGE MAXIMUM
$1,500 $2,200 $6,200

House monthly rent cost

1,600 EUR 4,000 EUR 8,000 EUR
MINIMUM AVERAGE MAXIMUM
$1,700 $4,400 $8,700

Villa monthly rent cost

2,000 EUR 5,000 EUR 8,000 EUR
MINIMUM AVERAGE MAXIMUM
$2,200 $5,500 $8,700

The monthly rental cost of a studio apartment in Leipzig ranges between 340 EUR and 1,300 EUR, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 500 EUR to 2,000 EUR. Two-bedroom rentals rate ranges between 670 EUR and 2,700 EUR per month. The monthly rental for a three-bedroom apartment ranges from 800 EUR to 3,700 EUR. The average rent of a townhouse in Leipzig is around 2,000 EUR while house rental costs can be as high as 4,000 EUR per month. Finally, if you want to rent a villa, expect to pay anywhere from 2,000 EUR to 8,000 EUR per month.



Apartment and house prices in Leipzig

Cost of buying a property

Studio apartment price

67,000 EUR 100,000 EUR 200,000 EUR
MINIMUM AVERAGE MAXIMUM
$73,000 $110,000 $220,000

1-bedroom apartment price

80,000 EUR 130,000 EUR 500,000 EUR
MINIMUM AVERAGE MAXIMUM
$87,000 $150,000 $550,000

2-bedroom apartment price

130,000 EUR 400,000 EUR 800,000 EUR
MINIMUM AVERAGE MAXIMUM
$150,000 $440,000 $870,000

3-bedroom apartment price

450,000 EUR 670,000 EUR 2M EUR
MINIMUM AVERAGE MAXIMUM
$480,000 $730,000 $2.2M

Townhouse price

570,000 EUR 1.3M EUR 5M EUR
MINIMUM AVERAGE MAXIMUM
$620,000 $1.5M $5.5M

House price

670,000 EUR 4M EUR 5.7M EUR
MINIMUM AVERAGE MAXIMUM
$730,000 $4.4M $6.2M

Villa price

800,000 EUR 4.5M EUR 6.7M EUR
MINIMUM AVERAGE MAXIMUM
$870,000 $4.8M $7.3M

The average price of a studio apartment in Leipzig can range from 67,000 EUR to 200,000 EUR depending on location. One bedroom cost can be anywhere from 80,000 EUR to 500,000 EUR. A villa can cost you 4.5M EUR on average with prices ranging from 800,000 EUR to 6.7M EUR.


If you're leasing or purchasing, housing costs in Leipzig will probably constitute your biggest expenditure, yet it's an area where you wield considerable influence. This is due to the substantial variance in housing prices across communities. Keep in mind the location of your workplace and the accessibility of essential amenities to prevent negating the savings from lower rental rates with increased transportation expenses.

House / apartment prices to income ratio


Property price to income ratio

( average property price / average monthly income ) x 100


46 x136 monthly income 217
MINIMUM AVERAGE MAXIMUM

Property prices in Leipzig can be x136 to x217 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x136 multiples of the average monthly salary in Leipzig.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


23% 33% of income 43%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Leipzig is around 33%. This means that people pay 33% of their income for rent. Those figures can range from 23% to 43% depending on the salary, location, and type of property.


The housing-to-income ratio is a very important metric to evaluate and measure how affordable living is in a particular area, city, or country since housing comprises the biggest chunk of expenditure. A higher housing to income ratio means that the place is relatively expensive. The figure by itself does tell much. It only starts to make sense when comparing the housing to income ratio across different locations.

Housing affordability index

The housing affordability index measures how affordable accommodation is in a particular place. This can measured in multiple ways, the most common being housing expenditure to total expenditure ratio and the rent to income ratio. The housing expenditure ratio is a figure reported by individuals on the percentage they allocate for housing. Rent to income ratio is calculated by dividing the average monthly rent by the average income. Because these values are both percentages, we can find their average and get the best of the two worlds.

Housing Affordability Index
31%

Property Taxes

Real estate owners pay property taxes to local tax authorities, which are determined by the assessed value of their property. Typically, these taxes are paid once a year. Property tax funds contribute to community development, financing infrastructure improvements, public services, and local education initiatives.


FROM
2.5%
AVERAGE
3.5%
TO
4.6%

Home Maintenance Costs

Home maintenance costs encompass various expenses associated with the upkeep and repair of a residence. These expenditures include regular tasks such as lawn care, pest control, and HVAC system servicing, as well as occasional repairs and renovations like fixing leaks, painting, or replacing appliances.


5.7 EUR 74 EUR 740 EUR
MINIMUM AVERAGE MAXIMUM

Urban vs. rural living costs

Urban living typically entails higher housing and transportation costs due to demand and limited space, while rural areas generally offer lower housing expenses but may have higher prices for goods and services. The differnce in rental rates between urban areas and rural areas can be as high as 300% in some cases.

Monthly costs and expenses of energy and basic utilities in Leipzig

Utilities expenditure can vary slightly between different areas and locations.


Energy, electricity, water, gas, internet, and mobile cost in Leipzig

Utility Bill Cost / Electricity + Water + Gas / A single person

22 EUR 150 EUR 1,000 EUR
MINIMUM AVERAGE MAXIMUM
$24 $170 $1,100

Internet and cable cost

21 EUR 43 EUR 57 EUR
MINIMUM AVERAGE MAXIMUM
$23 $46 $62

Mobile phone bill and charges

17 EUR 28 EUR 85 EUR
MINIMUM AVERAGE MAXIMUM
$19 $31 $93

Because most utility bills club electricity, water, and gas costs in one bill, we can't provide a breakup for each type of utility and will display electricity, gas, and water as single cost.


The average monthly energy and water consumption of individuals is around 150 EUR. The cost of internet and WiFi ranges from 21 EUR to 57 EUR with 43 EUR being the average internet bill. Finally, the average monthly mobile charges is around 28 EUR but can range between 17 EUR and 85 EUR depending on consumption. Mobile charges include both calling minutes as well as data packages.


Energy / Utility expense to income ratio


( monthly utility expenses / monthly income ) x 100


1% 3.9% of income 7.8%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Leipzig is around 3.9%. This means that people pay 3.9% of their income for energy, water, internet, and mobile charges. Those figures can range from 1% to 7.8% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Leipzig

Grocery / Food expenditure and prices can vary drastically between different areas and locations.


Prices and cost of goods and services in Leipzig

Dining out, food, and beverages costs. Price variations for common food items.

Fast food combo meal price

4.3 EUR 8.5 EUR 14 EUR
MINIMUM AVERAGE MAXIMUM
$4.6 $9.3 $15

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Leipzig is approximatly 8.5 EUR with meal cost ranging from 4.3 EUR to 14 EUR. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

14 EUR 21 EUR 41 EUR
MINIMUM AVERAGE MAXIMUM
$15 $22 $45

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 14 EUR and 41 EUR with 21 EUR being the average price of a plate for one person at a regular restaurant in Leipzig.

Fine dining meal for one price

28 EUR 41 EUR 170 EUR
MINIMUM AVERAGE MAXIMUM
$30 $45 $180

The price range of a meal at fine-dining restaurant is 28 EUR to 170 EUR with the average cost being 41 EUR for one person. This is what you would expect to pay a top-tier diner in Leipzig.

Beverage prices, cappuccino, latte etc..

3.6 EUR 5.7 EUR 8.5 EUR
MINIMUM AVERAGE MAXIMUM
$3.9 $6.2 $9.3

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Leipzig is around 5.7 EUR. Price ranges between 3.6 EUR and 8.5 EUR depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

2.8 EUR 3.4 EUR 4.3 EUR
MINIMUM AVERAGE MAXIMUM
$3.1 $3.7 $4.6

The average price of a large bottle of milk in Leipzig is 3.4 EUR. The maximum what you would pay for milk is 4.3 EUR and the minimum being 2.8 EUR depending on the brand of milk and other properties.

12 eggs price

2.1 EUR 2.8 EUR 4.3 EUR
MINIMUM AVERAGE MAXIMUM
$2.3 $3.1 $4.6

A dozen eggs costs around 2.8 EUR on average with 2.1 EUR and 4.3 EUR being the lower and upper limits respectively.

Fresh whole chicken price

4.9 EUR 6.3 EUR 8.9 EUR
MINIMUM AVERAGE MAXIMUM
$5.3 $6.8 $9.6

The price range of a fresh whole chicken in Leipzig is between 4.9 EUR and 8.9 EUR depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 6.3 EUR.

Pack of beef price

5.7 EUR 8.5 EUR 17 EUR
MINIMUM AVERAGE MAXIMUM
$6.2 $9.3 $19

The price of a regular pack of beef or meat is around 8.5 EUR. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

2.3 EUR 3.1 EUR 4.4 EUR
MINIMUM AVERAGE MAXIMUM
$2.5 $3.4 $4.8

A bag of rice in Leipzig costs around 3.1 EUR on average with prices rangeing between 2.3 EUR and 4.4 EUR depending on the brand and quality.

Bag of tomatos price

0.85 EUR 1.1 EUR 2.1 EUR
MINIMUM AVERAGE MAXIMUM
$0.93 $1.2 $2.3

A bag of tomatoes costs anywhere from 0.85 EUR to 2.1 EUR. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

1.5 EUR 2 EUR 3.3 EUR
MINIMUM AVERAGE MAXIMUM
$1.7 $2.2 $3.6

A bag of apples costs 2 EUR on average. A bag of apples denotes 1Kg or 1lb depending on location.


Grocery and food expenditure to income ratio


( monthly grocery expenses / monthly income ) x 100


17% 24% of income 30%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Leipzig is around 24%. This means that individuals spend 24% of their income on grocery and basic household items. The expenditure can range from 17% to 30% depending on salary and location.


Expenditure on food and grocery for individuals

Individuals' spending on grocery ranges from 59 EUR to 2,700 EUR with the location, income being the most determinite factors.

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