Teach English in Germany: Financial Snapshot
English teachers usually earn €1,000 - €2,500 monthly. With the cost of living in Germany being €800 - €1,500 a month, some careful budgeting should allow some money to explore the country during time off.
Expected Apartment Costs
Rent prices in Germany are generally considered high. Monthly rent rates in large urban areas can run as high as €13 per square foot and an apartment in a smaller town or suburb will cost around €6 per square foot. English teachers should be sure to look around and find a place that meets their needs and matches their budgets. Teachers moving specifically to Munich should be aware that this city has the most expensive rent in Germany.
Banking in Germany
Banking in Germany is fairly straightforward. ESL teachers going to the bank for the first time will need to bring their valid passport, German address information, and some cash to make a first-time deposit. Once an account is setup, customers are given a Eurocard (EC). This card will offer access to ATMs, the ability to check balances, make money transfers, and sometimes even allow for payment in some larger stores. Credit cards are also becoming more popular in Germany and this could be something offered to English teachers opening an account for the first time.
Food Costs in Germany
Germans are known for being a nation who loves to shop. English teachers in Germany will have lots of grocery store flyers to look at, as there are numerous large chain stores throughout the country. Aldi, Kaufland, Lidl, Real, Selgros, and the Penny Market are only some of the larger grocery stores in Germany. Unlike in America, Germans are not fond of the "one-stop shop"; a typical grocery shopping trip involves many different destinations.
Below are some examples of typical German food prices.
- 1.5L bottle of Pepsi
- 1 kg of fresh pears
- 1L of milk
€1.00 - 2.00
€3.00 (average per pint)