Moving to Germany?! Here’s Where Rent is the Most Expensive in This Country
With the rising inflation rates, the rent prices in Germany have increased and now that temperatures have dropped, higher rent prices have been closely linked to heating expenses.
The most recent data provided by the Federal Statistical Office of Germany (Destatis), show that rent prices have especially increased in big cities.
In addition, the same has said that the increase in the prices is associated with heating expenses, which were 30 per cent higher in cities than in rural areas, SchengenVisaInfo.com reports.
According to Destatis, people living in big cities pay significantly higher prices than those that live in medium-sized towns as well as in rural areas. This means that all those planning to move to a big city in Germany should be prepared to pay a high amount in rent.
Apart from saying that the rent is higher in big cities, Destatis stressed that the heating expenses in big cities are higher too. Figures reveal that households in cities that have over 100,000 inhabitants paid an average net rent exclusive of heating expenses of just above €8 per square metre in the first six months of 2022.
“People living in big cities have to pay markedly higher rents than those living in medium-sized towns or rural areas. Households in cities with more than 100,000 inhabitants stated that they paid an average net rent exclusive of heating expenses of 8.30 euros per square metre in the first half of 2022,” the statement of Destatis reads.
On the other hand, the average rent exclusive of heating expenses amounted to €6.40 in small towns and rural municipalities. This suggests that those planning to move to Germany or change location within the country should take into consideration the heating prices and how they differ from one area to the other.
Regarding the medium-sized towns that have 20,000 to 100,000 inhabitants, data provided by Destatis show that households had to pay an average of €6.90 per square metre.
Apart from Germany, the other European Union countries have also been registering increases in rent prices, but not necessarily linked to heating expenses.
Previously, the Statistical Office of the European Union, Eurostat, said that rents and house prices in the EU registered a steady increase in the second quarter of 2022. Rents increased by 1.7 per cent and house prices increased by 9.9 per cent in the second quarter of 2022 compared to the same quarter in 2021.
According to Eurostat, after the second quarter of 2011, house prices as well as rents have evolved differently. Since then, house prices have fluctuated considerably while rents increased steadily up to the second quarter of 2022.
