November 15, 2024

What Is a Good Salary to Survive in Hamburg After Your Study?

Hamburg, one of the renowned cities in Germany, is one of the ideal cities for the study of overseas students. A large number of local and international students obtain higher education in this fabulous city. The University of Hamburg and many other universities provide world-class education to international students in Hamburg. 

Many students like to stay in Hamburg after their studies. They like to work here to get experience or to build a great career in the future. The question that is often asked by some students is what salary they need to survive in Hamburg after their studies. Here, they will get the answer along with some details about the cost of living in Hamburg. 

Estimated Salary You Need to Survive in Hamburg 

When we calculate the cost of living in Hamburg, we find that from €2,500 to €3,500 net per month can be an ideal salary in Hamburg for you to survive. To understand this in detail, below, you will get some information about the cost of living in Hamburg. 

Cost of Living in Hamburg 

  • Cost of Housing 

One of the major expenses you need to pay during your stay in Hamburg is the cost of housing. Remember, here, we are talking about the housing that you will rent after your studies, which is different from student accommodation Hamburg. 

If you rent a one-bedroom apartment in the city center, you need to pay €900 to €1,300 per month. You can save your rent if you decide to stay on the outskirts of the city. There, you can get housing between €700 and €1,000 per month.  

You can also rent a shared accommodation, in which the rent is divided among all the occupants. You can rent a shared accommodation between €400 and €700 per month. Usually, accommodation is shared by two occupants but some of the accommodations can be rented by more than two residents. In that case, the rent is divided in the ratio of the number of occupants. 

  • Cost of Utilities 

In the monthly utility costs, we can first mark electricity, heating, cooling, water, and garbage. These expenses can be between €150 and €250 per month. Internet and phone services are also included in utilities, which cost around €30 to €50 per month. 

  • Cost of Groceries 

However, it very much depends upon your usage of groceries; but in general, you can expect to spend around €200 to €350 on groceries. 

According to your usage of groceries, you can calculate the total expenses. Let’s have a look at the prices of some important groceries. You can get 1 liter of regular milk in Hamburg at €1.08. A loaf of fresh white bread (500 grams) can be acquired here at €1.98. You can purchase 1 kg of white rice at €2.84 in Hamburg. For 1 kg of local cheese, you are required to pay €12.52. 

Apples, bananas, and oranges (1 kg each) can be acquired here at €2.74, €1.47, and €2.02 respectively. Tomatoes, potatoes, and onions (1 kg each) can be bought in Hamburg at €3.56, €1.73, and €1.87 respectively. 

  • Cost of Eating Out 

From time to time, you would also like to visit restaurants. In an inexpensive restaurant in Hamburg, you are required to spend from €10 to €15. In a midrange restaurant, the cost of a meal for one person is €20 to €35. 

  • Cost of Transportation 

Transportation costs will be a major expense to commute from one place to another. Especially, if your workplace is at some distance then understanding its cost becomes more necessary for you. It will be good for you to buy a monthly transport pass, which costs around €85 to €110. This pass is especially beneficial for you if you have to commute to your workplace on a daily basis. 

  • Cost of Health Insurance for Healthcare 

In Germany’s healthcare system, you need health insurance, which you can get between €90 and €150 per month. The cost very much depends on your provider and coverage. 

  • Miscellaneous Costs 

In miscellaneous costs, we can count entertainment, clothing, and other personal expenses. Such expenses often vary since everyone’s interests, personal expenses, and usages are different. But, you can budget around €150 to €300 per month, which is sufficient. 

Summing Up 

Many international students like to stay in Hamburg, Germany after their studies and do jobs here. What the estimated salary is their major question. When we calculate the cost of living in Hamburg, we find that from €2,500 to €3,500 net per month can be a perfect salary in Hamburg on which you can survive. 

In the cost of living, we can prominently count the costs of housing, utilities, groceries, eating out, transportation, health insurance for healthcare, entertainment, clothing, and other personal expenses. Their general costs have been mentioned above however everyone’s usage may be different.

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