Cost of Living (Breakdown of expenses)
Let’s get excited about Frankfurt, the beating heart of Germany’s financial world!
It’s a vibrant city that pulses with energy and ambition yet somehow manages to keep that small-town charm. With a population of about 750,000, Frankfurt strikes the perfect balance between a bustling metropolis and a community that feels personal. It’s no wonder it’s earned the nickname Mainhattan—just look at that iconic skyline!
For expatriates, the city presents a strong case for relocation. Nearly 20% of the population is made up of foreigners, making this one of the most international cities in all of Germany.
Frankfurt is a city of contrasts—where cutting-edge finance meets rich culture and where modern living blends with centuries-old tradition. With its prosperous international community, the city is an ideal destination for expats.
Living in Frankfurt
Housing
Frankfurt’s housing market is vibrant and in high demand, particularly in central and financial hub neighborhoods. As of 2024, average rents stand at €14.11 per square meter. While rents are on the rise, reflecting the city’s growth and desirability, planning ahead and having the right resources can make a big difference in finding a home that fits your needs.
The closer you are to the heart of it all, the higher the rent—so it’s all about finding the right balance for your budget and your lifestyle.
Of course, renting can be expensive. However, the high standard of living and the proximity to professional opportunities often make it well worth the cost.
Overview of neighborhoods
Bornheim
- One of the most beloved residential areas among expats.
- An eclectic mix of old and modern buildings with affordable rents compared to central Frankfurt.
- Known for its village-like atmosphere, rich cultural life, and family-friendly environment.
- Well-connected to the city center by tram and bus.
Sachsenhausen
- Famous for its charming apple-wine taverns (Ebbelwoi).
- Lies just south of the river and has a rich cultural heritage.
- Combines residential flats with a mix of small boutiques, restaurants, and bars.
- Diverse housing, ranging from older apartment blocks to more modern properties.
- Ideal for both professionals and families.
Westend
- The financial heart of Frankfurt.
- Home to luxury apartments, international schools, and prime office space.
- Rent is considerably higher here, with prices for a two-bedroom apartment often exceeding €1,800 per month.
- For those looking for proximity to work, the stock exchange, or the European Central Bank, Westend is the place to be.
Nordend
- Known for its bohemian vibe, full of trendy cafes, boutiques, and green spaces.
- Housing here is a little more affordable than on the Westend, with average rents around €1,200 for a one-bedroom apartment.
- It attracts a younger crowd and offers a vibrant social scene.
Rental Trends
Rental prices in Frankfurt have increased by 4.8% from July 2022 to July 2024. This is part of a broader trend seen in major cities across Germany, where demand for urban housing continues to outpace supply.
So, for newcomers, it’s important to budget carefully and be ready for a competitive rental application process. Landlords often ask for comprehensive documentation, like proof of income, Schufa credit reports, and a deposit that’s usually equal to two or three months’ rent.
Frankfurt’s housing market can be complex. So, our team at Wunderflats provides flexible, fully furnished rental options, making it easy for you to feel at home from day one. We’ll help you find a place that suits your needs, whether you’re seeking short-term stays or a longer residence.
Tips for Finding Accommodation
Start early: Housing in Frankfurt can be competitive, so it’s wise to begin your search as early as possible.
Check expat websites: Sites like WG-Gesucht and Immobilienscout24 are great places to find apartments and shared housing options.
Understand your lease: Rental contracts in Germany tend to be long-term and include clauses about rental increases and maintenance. Make sure you understand the terms and the costs involved before committing.
Legal considerations: Familiarize yourself with tenant rights in Germany. The rental market is heavily regulated to protect tenants, which can provide peace of mind when navigating leases and disputes.
Cost of Living (Breakdown of expenses)
Frankfurt is one of Germany’s more expensive cities, although the cost of living is still lower than in cities like Munich or Zurich.
It is one of the more expensive cities in Germany, but it’s also a city with a high standard of living.
Compared with other European cities, Frankfurt’s cost of living is on the higher end but remains competitive. For example, compared to Munich, the cost of living in Frankfurt is about 10% lower on average.
Working in Frankfurt
Job Market
Frankfurt is Germany’s financial hub, but it’s also home to a growing technology, manufacturing, and service sector. Major employers in Frankfurt include:
- Deutsche Bank, Commerzbank, and DZ Bank dominate the financial services industry.
- Siemens, ABB, and other multinational companies in engineering and manufacturing.
- Software and IT companies are increasingly establishing headquarters in the city, including firms in fintech, e-commerce, and cybersecurity.
In 2025, the unemployment rate in Frankfurt is at a low 4.2%, which is a good indicator of the city’s healthy and stable economy. As an expat, you’ll find that many companies offer English-speaking roles, particularly in the tech and finance sectors.
Salaries: Salaries in Frankfurt vary greatly depending on industry and experience, but here’s a rough guide:
- Finance professionals: €55,000–€120,000 per year.
- Software engineers: €50,000–€80,000 per year.
- Teachers (international schools): €40,000–€60,000 per year.
Job Search Strategies
Networking: Many jobs in Frankfurt, especially in finance, IT, and consulting, are filled through networking rather than job postings.
Join professional associations like the Frankfurt Business Club or the German-British Chamber of Industry & Commerce.
Job portals: Websites like StepStone, Xing, Indeed Germany, and LinkedIn are great for finding job listings. Tailor your CV to German standards, which typically include more detail about your education and previous roles.
Recruitment Agencies: Many expats use recruitment agencies like Robert Walters, Adecco, and Michael Page to help navigate the job market, particularly for roles in finance and IT.
Work Culture in Frankfurt
Efficiency is key in Frankfurt’s workplace culture. You can expect a fast-paced environment where things run like a well-oiled machine. It’s all about getting things done, but that doesn’t mean working non-stop. Punctuality is also highly valued. You’ll need to be sharp and on time, but don’t worry—work-life balance is huge here.
A typical workweek is 40 hours, with 30 days of vacation annually.
Workplace Etiquette:
Meetings in Germany are punctual. If you’re five minutes late, you might as well have missed the whole meeting. Once you’re there, it’s all about getting to the point. No fluff. No endless back-and-forth. You’ll follow a strict agenda, and it’ll likely stick to the schedule.
While hierarchy is present in the workplace, it’s not something to be intimidated by. Once you’ve proven yourself, younger professionals often find they can share their ideas freely.
It’s a work environment where hard work, structure, and personal time are valued. Everything has its place, and it just works.
Cultural Integration
Language
While many people in Frankfurt speak English, especially in the business world, learning German is indispensable for deeper cultural integration. Knowing the language will make daily life easier, especially when dealing with bureaucracy or socializing with locals.
Several language schools, such as Goethe-Institut, Sprachschule Aktiv, and Berlitz Language School Frankfurt, offer courses for various levels of proficiency.
Let’s be honest—moving is a lot. But finding a place in Frankfurt doesn’t have to be.
Discover how easy it is to find your perfect home with Wunderflats. Dive into our selection of stylish, fully furnished apartments and make your move with Wunderflats today!
Social Norms
Understanding local customs and norms is really important for fitting into German life. First off, Germans are pretty direct, but always respectful. Also, personal space matters a lot, both in public and at work.
And when it comes to punctuality, it’s seen as a sign of respect. So, being late for a meeting isn’t looked at kindly.
Now, as for Frankfurters, they’re generally open-minded, and the city’s international vibe really promotes diversity. But, don’t expect to dive into small talk with strangers. Germans tend to value their privacy, so conversations with new people are usually more formal until you get to know each other better.
Expat Support
Government Services
Newcomers must register with the local Einwohnermeldeamt (Residents Registration Office) within two weeks of arrival. This process is required to get your Steueridentifikationsnummer (tax identification number), which is needed for employment and tax purposes.
Registration processes and legal requirements
1. Anmeldung (Registration with the Local Authorities)
In Germany, every resident, including expats, must register their address with the local residents’ registration office (Einwohnermeldeamt) within two weeks of arrival. This process is called Anmeldung.
- What You Need to Do:
- Visit the Einwohnermeldeamt at your local Bürgeramt (citizens’ office). There are several Bürgerämter in Frankfurt, but the central one is located at:
- Bürgeramt Frankfurt am Main
- Address: Kaiserstr. 12, 60311 Frankfurt
- Bürgeramt Frankfurt am Main
- Visit the Einwohnermeldeamt at your local Bürgeramt (citizens’ office). There are several Bürgerämter in Frankfurt, but the central one is located at:
- Bring the following documents:
- Passport or national ID card
- Visa or residence permit (if applicable)
- Rental contract or confirmation from your landlord (Wohnungsgeberbestätigung)
- Completed Anmeldung form (available online on the city website or at the office)
- Why It’s Important:
- Registration is necessary for various purposes, including getting your tax ID number (Steueridentifikationsnummer), which you need for employment and opening a bank account.
2. Residence Permit (Aufenthaltstitel)
Depending on your nationality, you may need a residence permit (Aufenthaltstitel) to live and work in Frankfurt. The process and requirements depend on your country of origin and the type of visa or permit you need.
- For EU/EEA Nationals:
- Citizens of the EU, EEA, and Switzerland do not require a residence permit to live or work in Germany. However, it is still required to register with the Einwohnermeldeamt.
- For Non-EU Nationals:
- Non-EU nationals must apply for a residence permit through the Ausländerbehörde (foreigners’ office).
- Where to Apply:
- Frankfurt Immigration Office (Ausländerbehörde)
- Address: Düstere Str. 1, 60320 Frankfurt
- Website: www.frankfurt.de
Expat Support Networks
Frankfurt is home to numerous expat organizations and networks. InterNations, Frankfurt Expats, and Frankfurt Expat are popular groups that offer meetups, events, and support services for expatriates.
Frankfurt offers a wealth of opportunities and resources for expatriates. With its mix of modern amenities, cultural vibrancy, and financial power, it remains one of Europe’s most desirable destinations for professionals, students, and families.
Whether you’re here for a short-term assignment or to build a new life, Frankfurt is ready to welcome you!
You may not know!
- In Frankfurt, as in much of Germany, work-life balance is highly valued. The concept of “Feierabend” refers to the time after work when people switch off and engage in personal time.
- Aside from the usual German fare, you can find excellent Indian, Turkish, Chinese, and Mediterranean restaurants. The Berger Strasse is a particularly popular area among expats for its range of international restaurants and cafes.