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Berliners enjoy best standard of living in Germany

The Local · 17 Aug 2011, 11:05

Published: 17 Aug 2011 11:05 GMT+02:00

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It’s annual “Prices and Earnings” report looks at the world’s most important cities and compares price, wage levels and purchasing power between them. According to the report, Oslo, Norway’s capital, and Zurich in Switzerland are the two most expensive major cities in the world, with prices (excluding rent) nearly 40 percent above New York levels.

Manila in the Philippines and Mumbai, India are the world’s cheapest major cities, at 45 and 40 percent of New York prices (excluding rent) respectively.

While Munich and Frankfurt have prices (excluding rent) comparable to New York’s, living in Berlin only costs 87.5 percent what it would cost in the Big Apple, the report said.

This coupled with relatively high wage levels in German big cities mean that Germans have high purchasing power. The report said Munich and Frankfurt had the ninth and 11th highest wages in the world, respectively.

Although Berlin was 18th at 81 percent of New York wage rates, its low prices meant people living in the German capital had the 12th highest level of domestic purchasing power in the world, while Munich and Frankfurt were far below, ranked 19th and 20th respectively.

Despite their high prices, Zurich’s citizens are exceptionally well paid, meaning its residents have the most domestic purchasing power of any big city, followed closely behind by Sydney, Australia. Jakarta, Indonesia takes last place in the purchasing power list.

UBS reports that massive instability in world markets has had an impact on prices, wages and living standards this year. For those with access to hard foreign currency, US cities are now relatively cheaper than they were just a few years ago, while Swiss cities are much more expensive.

The Local/mdm

Comparisons of price and wage levels between German cities (New York = 100)


Munich 99.7

Frankfurt 98

Berlin 87.5

Story continues below…


Munich 94.5

Frankfurt 90.6

Berlin 81.3

The Local (news@thelocal.de)

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Your comments about this article

12:23 August 17, 2011 by GolfAlphaYankee
I've been to Norway and the prices are way more than 50% compared to Berlin and beside if you exclude the rent. those statistics are meaningless. Berliners get payed less because the rent is low or used to be low .... if housing continue its rise wages have to follow to the same levels as Munich.
12:37 August 17, 2011 by zeddriver
Did they also factor in the cost of replacing your car that a hooligan leftist set on fire.
12:47 August 17, 2011 by AbhilashD
That's tosh. I've lived for a year each in Munich and Berlin and there's no way Berlin's standard of living compares to Munich
13:34 August 17, 2011 by Californian
""living in Berlin only costs 87.5 percent what it would cost in the Big Apple""

Wages in Berlin are only 81.3% compared to New York however.

Groceries are a bit high in America right now though.

$1.69 for 1 dozen eggs.

$3.65 for 1 pound beef.

$3.63 for 1 gallon of milk.

$3.21 for 1 gallon of gasoline ;-)
17:48 August 17, 2011 by Englishted
The beer is better in Munich .
10:17 August 18, 2011 by Johnne
There´s no city like Munich in Germany.

Munich is unique & it likes you ;-)
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