Berlin today is recognized as one of the most affordable city to live in the world, and for many reasons: Berlin is a modern city with a strong economy, a dynamic culture, and also extremely safe. The cost of living in Berlin also makes it a favorable option for young people over other European cities. Those who are interested in moving to Berlin can easily integrate the various living costs into a low budget. Here’s a rundown of the basic cost of living in Berlin:
Food
Shopping at supermarkets throughout the city is fairly cheap, and is one of the most affordable aspects of the Berlin cost of living. Dining out at inexpensive restaurants will set you back around 6 Euro a meal, while a meal for 2 at higher end restaurant will set you back 35 Euros upwards. Ordering a regular cappuccino at restaurants will cost 2.20 Euros upward, and beer at 3 Euros.
Nightlife and Entertainment
Nightlife is quite synonymous to living in Berlin – there are tons of people every night, eager to meet new people in the city’s numerous pubs, clubs, and electronic discos. The nocturnal types will always find something to do within the city’s vibrant nightlife. Berlin seems to have a life of its own when the sun goes down. Some bars also require guests to pay a cover charge to enter, which ranges from 5 to 12 Euro.
Rent
One of the major reasons why the cost of living in Berlin is attractive to foreigners is the low rental cost which is expected to grow significantly over the next decade. Foreigners can take the benefits of a low interest rates on mortgage loans. The high demand for affordable and modern living space also makes Berlin city for a perfect investment.
Berlin offers an unique lifestyle where you can appreciate the low cost of living and the high quality of life at the same time: ideal place for local and foreign property investors.
