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Hamburg is the second biggest city in Germany and offers some of the best job opportunities in the country. How much can you earn in Hamburg? It will certainly be enough to cover your living expenses in Germany’s second most expensive city.
In Hamburg, the gross monthly salarybetween 5,000 EUR and 6,000 EURis considered good. It translates to a net income of about 3,000 EUR and 3,500 EUR per month. The average gross wage in Hamburg in 2020 was 4,966 EUR which is the highest in the country. This number was 3,975 EUR or 2,526 EUR net across Germany.
Yes, Hamburg is the highest-paying city in Germany this year, so your salary expectations should be high as well. Make sure you negotiate your salary well with your future employer. Read this article to learn about the salary range in Hamburg and what wage is enough to have a comfortable life whether you are single or married with kids. Read more about salaries in Germany here.
What is a good salary in Hamburg in 2023?
In Hamburg, a monthly net income between 3,000 EUR and 3,500 EUR is considered to be a good salary. With that income, you can afford a decent two-three bedroom apartment, eat out, and spend weekends away.
With 3,100 EUR in net salary, one can spend around 1,550 EUR per month on housing and have the rest 1,550 EUR as disposable income. For this, you need a roughly gross wage of 5,400 EUR per month or 65,000 EUR per year.
Therefore, a gross salary of around 60,000 EUR a year is needed to live a comfortable yet not extravagant lifestyle in Hamburg. A couple with children earning 40,000 EUR will have a very good life.
Who gets this salary? For example, engineers and many professionals with bachelor’s or master’s degrees in leading German industries can count on an annual wage of at least 60,000 EUR.
What is a good starting salary in Hamburg? If you are just starting your career after finishing university, look for at least 45,000 EUR gross wage.
Due to the amount of local and international companies, Hamburg has many jobs available for expats and locals alike.
It’s the second-largest city in Germany and the largest port city. The city symbolizes cosmopolitanism and trade. Hamburg is modern and innovative. Its economic position is one of the leading in Germany.
Hamburg isn’t only a great place to work, but also to visit and to live in. It has got several renowned sightseeings and is considered a very liable city.
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Average expenses in Hamburg
When talking about basic expenses: two people living in Hamburg will need at least 2,500 EUR in disposable income to pay the bills.
Cost of living in Hamburg as of January 2023:
- Family of four estimated monthly costs:4,455 EUR
- Single person estimated monthly costs:2,480 EUR
- Currently, Hamburgis themost expensive cityinGermany (according to Expatrian)
- Cost of living inHamburgismore expensivethan in70% of citiesinWestern Europe
- Cost of living inHamburgismore expensivethan in77% of citiesinthe world
Source: Expatrian.com
In Germany, you want to follow the 50/30/20 budgeting rule. Meaning you shouldn’t spend more than 50% of the income on essential living costs, leaving you 30% for disposable income and 20% for savings and payments of loans.
Living costs include:
- rent
- groceries
- utilities
- internet and mobile phone
- transportation
- other (clothing, necessities)
However, it might not be easy to pack all expenses under 50%. So if an employee earns 3,000 EUR net per month, they can only spend 1,500 EUR on these items.
Hamburg’s rent prices
Hamburg is quite expensive to rent an apartment, especially if you want a decent place in the central area. Expect to pay at least 800 EUR for a one-bedroom apartment and at least 1,500 EUR for two rooms.
Suburbs or flat-sharing will definitely be cheaper. Utilities are around 100-130 EUR for a small apartment and up to 200 EUR for a larger one.
Don’t forget to budget for communication, including home internet and mobile plan. That comes to around 60 EUR.
Food and groceries
Groceries prices vary in Germany but can be very affordable at discounts like Penny, Lidl, or Aldi. Rewe and EDEKA are more on the expensive side, and places like Galeria Kaufhof, Frische Paradies, or Delta will cost you much more. Generally, one should budget around 500 EUR for food, including some meals out.
Public transportation is quite expensive but costs you less than owning a car – between 60–100 EUR per month.
Overall, Hamburg isn’t a costly place to live. For example, compared to Munich, Vienna, or Zürich, Hamburg is less expensive. Yet, compared to Berlin – more expensive.
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Salaries in Hamburg
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Hamburg has some of the highest salaries in Germany. In fact, on average, wages in Hamburg are 419 EUR higher than Germany’s average.
It can be due to the developed economic situation the city currently has and the number of large high-tier companies. For example, Hamburg is home to aviation giant Airbus.
There is a significant difference between salaries for women and men, which is around 600 EUR per month at the moment.
Moreover, foreign workers receive lower wages than Germans in Hamburg. Nationals of other countries get about 2,672 EUR gross, while Germans enjoy 3,956 EUR. As in other German cities, academics have a higher income (5,204 EUR) than workers with no university degree (2,523 EUR).
Facts about jobs and salaries in Hamburg:
- Hamburg’s port is by far the biggest employer in the city; logistics provide the highest number of well-paid jobs.
- International companies such as Hapag Lloyd, Airbus, and Olympus are among the best-paying and prestigious employers.
- The highest average salaries are in the IT, media industry and aviation industries, while the lowest is in hospitality.
- Aviation, IT, and renewable energy are becoming more significant industries with the time.
Average salary in Hamburg
In 2020, the average salary in Hamburg was 4,966 EUR monthly gross, or 59,592 EUR. According to PayScale, the current average wage is around 51,000 EUR annually. The most typical salary in Hamburg is 50,869 EUR before taxes.
The majority of employees earn between 49,100 EUR – 53,499 EUR and 58,000 EUR – 62,499 EUR. However, many professionals make between 62,500 EUR – 66,899 EUR and more.
However, a high percentage of workers also have an income of 35,000 EUR – 40,000 EUR or less. Wages of that amount are typical among people with no high degree or in low-earning industries such as gastronomy and hospitality.
Minimum wage
The minimum wage in Hamburg is the same as anywhere in Germany – 9,82 EUR per hour, but the government has increased it to 12 EUR in October of 2022.
Average salary among various jobs and industries
The average salary in Hamburg among various jobs. This data shows the minimum wage you can expect when taking a job.
| IT manager | €51,570 |
| Financer manager | €50,104 |
| Software engineer | €52,778 |
| Dentist | €49,244 |
| Pharmacist | €45,295 |
| Attorney | €44,501 |
| Business development | €43,158 |
| Project manager | €58,018 |
| Data scientist | €41,317 |
| Front end developer | €47,425 |
Furthermore, you can see the average salary for diverse professions across Germany:
| Profession | Avg. Gross salary (2021) |
|---|---|
| Medicine (doctors) | €89,000 |
| Finance | €73,000 |
| Lawyer | €68,000 |
| Business Advice | €64,000 |
| Banking | €62,000 |
| Engineer | €62,000 |
| IT | €60,000 |
| Marketing, PR | €60,000 |
| Production | €60,000 |
| Distribution and Sales | €59,000 |
| HR | €58,000 |
| Construction | €57,000 |
| Research | €56,000 |
| Logistics | €50,000 |
| Design | €48,000 |
| Architect | €45,000 |
| Nurse | €35,000 |
| Physiotherapist | €28,000 |
| Cook | €25,000 |
| Waiter | €21,000 |
| Minimum wage | €18,000 |
And among various industries:
| Sector | Average monthly salary, EUR |
|---|---|
| Financial and insurance services | 5,602 |
| Information and communication | 5,248 |
| Energy supply | 5,218 |
| Professional, scientific and technical services | 4,933 |
| Education | 4,650 |
| Real estate | 4,271 |
| Manufacturing | 4,271 |
| Public administration, defense, and social security | 4,091 |
| Mining and quarrying | 4,083 |
| Manufacturing industry | 4,062 |
| Arts and recreation | 3,871 |
| Retail | 3,735 |
| Water supply | 3,617 |
| Construction | 3,540 |
| Transport | 3,164 |
Average expenses with an average salary
What would be your monthly expenses while living and working in Hamburg?
Expenses for a single with an average gross monthly income of 4,966 EUR/2,963 EUR net:
- Rent 1,200 EUR
- Internet + phone 60 EUR
- Transportation 100 EUR
- Food 400 EUR
- Shoes and clothing 130 EUR
- Household, miscellaneous 100 EUR
- Entertainment, recreation, culture 300 EUR
- Total spending: 2,290 EUR
- Total remains: 673 EUR
A great way to save money is to choose to live outside of a metropolitan area.If you have a car, you can afford a large apartment or even a house in a rural area but still close to the city. With German no speed limits roads, getting to work can be done in under one hour.
Besides that, booking a monthly ticket for transportation will also save you a buck.
Read more about cost of living in Germany (for a family).
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Highest paying jobs in Hamburg
Some of the high-paying jobs in Hamburg and gross monthly salary:
- Air traffic controller: 6,000 – 8,000 EUR
- Marketing Manager or Chief Marketing Officer (CMO): 4,109 – 7,532 EUR
- IT project manager: 3,931 – 6,053 EUR
- Tax consultant: 4,381 – 6,505 EUR
- Business Development Manager: 3,629 € – 6,197 EUR
- IT Consultant: 3,878 – 5,696 EUR
- Art Director: 2,859 € – 4,772 EUR
- Shipping worker: 2,586 € – 3,975 EUR
- Wholesale and international trade salesman: 2,415 – 3,574 EUR
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Is 60,000 EUR a good salary in Hamburg?
In Hamburg, the salary of 60,000 is slightly above the average. It’s a decent wage for Hamburg.
If you have a wife or/and kids to support, this salary would still be enough, but not optimal; you won’t be able to afford many things.
About 40% of it will go to taxes if you have a spouse or kids. That will leave you about 3,300 to 3,400 EUR a month. With that, you can rent a two-bedroom apartment outside of the city center.
Additionally, parents get child benefits of 192 EUR per month.
Childcare such as Kindergarten is luckily free in Germany but up to 5 hours a day; for everything above that, you need to pay.
Overall, your total costs in Hamburg will range between 2,000 EUR and 3,000 EUR, depending on your choices. Hence, employees getting 60,000 EUR in salary can also save some money every month.
Rent
As an expat, you can expect to spend at least 30% of your salary each month on rent in Hamburg, sometimes more. Apartments range from 800 EUR to 2,000 EUR, and utilities up to 250 EUR.
Telephone and internet are added for about 50 EUR.
Food
Generally, food can be pretty affordable if you shop at discounters, as we mentioned above. That way, you can save a significant amount of cash and still enjoy high-quality produce. Some of the cheapest options include Aldi and Lidl.
Eating out
Eating in a restaurant in Hamburg costs pretty much the same as in the rest of Germany. A meal will be maybe a couple of euros more expensive than in the cheapest cities, such as Dresden or Leipzig.
A pizza in a restaurant starts at 8 EUR, a nice meal with a drink costs 20-30 EUR. Fast food is affordable and can be found at as low as 3 EUR.
Transportation
Monthly public transport ticket also varies in price from 50 EUR to 200 EUR and come to about 80 EUR on average. If you own a car, you are going to spend more than that amount. Read more about the cost of having a car in Germany in this article.
Is 70,000 EUR a good salary in Hamburg?
70,000 EUR salary in Hamburg is significantly higher than the average income. As a single with no kids, it will leave you around 5,800 EUR gross per month or 3,300 EUR after taxes. Married employees or parents will enjoy 3,900 EUR in net monthly income.
Depending on the area, you can rent a decent apartment in Hamburg for 1,400 EUR to 1,800 EUR per month.
Someone willing to commute and rent a larger place can purchase a car. It can be cheap as 10,000 EUR for a new vehicle and 3,500 EUR for a used one.
Nicholas
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FAQs
How much salary is enough in Hamburg? ›
Salaries in Hamburg
In 2022, a good net salary in Hamburg is considered to be between €3,000 and €3500. This level of income would cover the cost of a two or three-bed apartment, eating out and even weekends away. But to achieve this, you'd need to command a gross salary of around €5,400 per month, or €65,000 per year.
Wages in Germany is expected to reach 4121.00 EUR/Month by the end of 2023, according to Trading Economics global macro models and analysts expectations.
How much money do I need to live in Hamburg? ›As a single person, one needs a budget of roughly 960.0€ every month – without rent – to live comfortably, not merely to survive! If a person is an ex-pat moving to Hamburg with a family of four, the cost is going to be around 3,332.4€, without rent.
Is 55k a good salary in Hamburg? ›Yes. It's not great but certainly reasonable.
What is a comfortable salary in Germany? ›A good salary in Germany not only depends on your lifestyle but also on where you live as the cost of living differs from city to city. A good annual gross salary in Germany is between €64,000 to €81,000. But most Germans who earn a yearly gross salary of €60,000 and above are happy with their salary.
How much is sufficient to live in Germany? ›All told, how high is the cost of living in Germany? According to Destatis, it adds up to €2,507 a month, with 37% of this going towards housing and energy costs and 15% on food, alcohol, and tobacco (as of September 2022). If you calculate this on an annual basis, the average cost of living in Germany is €30,084.
What is a good salary in 2023? ›If a worker works 52 weeks a year, this equates to a national annual salary of $51,168, up 5.1 per cent from the previous year. Any sum beyond that should be regarded as a good salary; however, this is not always the case.
What is the top 1% salary in Germany? ›IW also notes the net monthly salary that would place a single German earner in the top five and top one percent, which would be €4,560 and €7,190 respectively. The Federal Labour Ministry, however, sets these earnings slightly higher.
What is the cost of living in Germany 2023? ›The average cost of living in Germany in 2023
As a basic estimate, you can expect your total costs to be between €1200 – €3000 per month as an individual living in Germany. At the cheaper end of this range, you would likely be living in a flatshare outside of the city centre.
For budget-minded travelers, it costs around €55-€90/day to visit Hamburg. These prices are based on what you'll need to visit the city comfortably as a budget traveler. If you want to upgrade your accommodations, add another €60-€110 per night depending on your stay.
What is the average price of a house in Hamburg? ›
Hamburg's housing market is also characterised by consistently high price levels. In 2020, property buyers paid an average price of 787,974 euros for a single-family home. This corresponds to an increase of +9.3 percent compared to the first half of 2019.
How much is Hamburg income tax? ›Income Tax
Everyone's income is subject to a basic tax allowance. Up to this amount, your income is not subject to tax. The basic tax allowance for the year 2021 is 9,744 EUR for single persons and 19,488 EUR for married persons. The taxation rates vary from 14% to 45% of your income.
| Rank | Country | Avg. income per year |
|---|---|---|
| 17 | Austria | 52,760 $ |
| 18 | Germany | 51,660 $ |
| 19 | Belgium | 50,490 $ |
| 20 | Israel | 49,290 $ |
Reading note for Panel B: A single person in Germany with an annual disposable income between USD 23 000 and USD 30 000 is considered to be part of the lower middle-income group; a person with a disposable income between USD 46 000 and USD 61 000 is part of the upper middle-income group.
How to negotiate salary in Germany? ›- Degree and Skills. ...
- Experience. ...
- Companies You've Worked With. ...
- Do Your Homework. ...
- Set Your Desired Salary. ...
- Consider Perks and Benefits. ...
- Practice Your Negotiation Skills. ...
- Don't Accept the Initial Offer.
60.000 euros a year in Germany is considered a good gross salary as it is well above the average salary of 47.700 euros a year for the whole country. Most Germans who earn 60.000 euros or more are very happy with their salary.
What is a good salary in Germany per month? ›Posted on January 18, 2023
An average working professional generally earns about 3,810 EUR per month with an average base salary of 960 EUR and a high average salary of 17,000 EUR.
Income and salary tax
If you earn less than 10,908€ per year, you pay no income tax. If you earn the median income, your income tax is around 18% of your income. The maximum income tax is 45% of your income. If you are an employee, you pay a salary tax (Lohnsteuer) on every paycheck.
Housing Costs in Germany
A one-bedroom apartment in the city center of the Bavarian capital ranges from USD$1,227-$1,500, while a three-bedroom rents for USD$2,201-$2,690.
Living costs
Germany is generally cheaper than the USA. However, living in big cities, such as Munich and Hamburg, can be expensive. In general, you'll need around €850 per month to cover your expenses in Germany. This amount includes groceries, health insurance, rent, and other related costs.
How much is house rent in Germany per month? ›
What is the average cost of rent in Germany? Average rent costs in Germany range from €300 to €800 per calendar month for a room in shared accommodation and from €500 to €1,346 for a one-bedroom flat.
What is middle class income 2023? ›In all three places, it takes an annual income of more than $60,000 for households to be considered middle class.
What salary is considered upper class? ›According to the U.S. Census Bureau, the median income in 2021 was $70,784. So American families earning between $47,189 and $141,568 are technically in the middle class, according to the Pew Research Center's definition.
What is a high end salary in Germany? ›The highest-paid professions in Germany belong to the medical, engineering, and financial sectors. According to research, Germany's highest-paying jobs average at least €55,475 per year.
Are salaries in US higher than Germany? ›In general, wages in the United States tend to be higher than those in Europe, particularly for skilled and high-paying jobs. Part of the reason for this is that the cost of living in the U.S. is usually higher than in Europe.
How do you say good job in Germany? ›German — Gut gemacht!
Will home prices drop in 2023 Germany? ›Experts say they expect the trend to continue into 2023. The announcement was accompanied by data showing that both homes as well as apartments in cities and rural areas fell by an average of 3.6%.
What is the benefit in Germany 2023? ›New standard rates, protected assets and tax-free allowances
On 1st January 2023, the standard rate is to increase to 502 euros for single persons and to 451 euros per partner for couples.
Groceries in Germany
Germans generally spend 15% of their income on food, beverages, and tobacco. On average, a single-person household spends €200 per month on groceries; a couple will spend around €365, while a family of four spends around €520.
Where do the rich live in Hamburg Germany? ›
Altona can be a bit on the pricey side, considering it's right in the centre of the best restaurants and cultural hotspots. Ottensen and Blankenese take the lead when it comes to high rental prices in Hamburg. Altona-Alstadt, Altona-Nord, Iserbrook and Sternschanze all add up to make Altona an expensive area.
How much is a room in Hamburg? ›How much does a shared flat cost in Hamburg? The average cost of single rooms in Hamburg is usually between a range of €400-500 per month. It always depends on the characteristics it has, for example, the cost is higher if it has a balcony or a private bathroom.
Why is Hamburg so special? ›But the city has even more to offer. Hamburg has over 50 museums, 45 theatres, and around 100 music venues and clubs. It's one of the biggest musical cities in the world, second only to New York and London. When it comes to music and art, Hamburg will not be outshone by Berlin.
How much are monthly expenses in Hamburg? ›Summary about cost of living in Hamburg, Germany: Family of four estimated monthly costs are 3,722.4$ (3,320.4€) without rent. A single person estimated monthly costs are 1,078.1$ (961.6€) without rent.
Are German house prices falling? ›Overall, house prices dropped by 0.7 percent in 2022(after adjusting for inflation).
Which city is cheaper Berlin or Hamburg? ›It's cheaper to live in Berlin rather than Hamburg – by an average of up to 20%. The largest differentials occur with housing (20% cheaper), clothing (23% cheaper), and transport (17% cheaper).
Are German taxes high? ›In Germany, the average single worker faced a net average tax rate of 37.7% in 2021, compared with the OECD average of 24.6%. In other words, in Germany the take-home pay of an average single worker, after tax and benefits, was 62.3% of their gross wage, compared with the OECD average of 75.4%.
Are taxes high or low in Germany? ›| Income | Tax Rate |
|---|---|
| Less than 9.984 euros | 0% |
| 9.985 - 58.596 euros | 14% to 42% |
| 58.597 - 277.825 euros | 42% |
| More than 277.826 euros | 45% |
In 2023 a tax rate of 3.5% applies for real estate located in Bavaria and Saxony, 5.5% in Hamburg, 5.5% in Baden-Wuerttemberg, Bremen, Lower Saxony, Rhineland-Palatinate and Saxony-Anhalt; 6.0% in Berlin, Mecklenburg-Western Pomerania and Hesse, and 6.5% in Thuringia, Schleswig-Holstein, Saarland, Brandenburg and North ...
Is US dollar good in Germany? ›Paying in Germany
What is this? The exchange rate for the Euro is about 1.21 United States dollars for one Euro. The best way to get a good exchange rate in Germany is by using an ATM, also known as a Geldautomat.
How much do doctors make in Germany compared to the US? ›
5. Specialists in the U.S. and Germany earn the most among the countries surveyed. On average, male specialists in the U.S. earn $376,000 per year, while female specialists earn $283,000, compared to $194,000 and $131,000 respectively in Germany.
What is German basic income? ›UBI in Germany
In 2014, the activist Michael Bohmeyer founded the association Mein Grundeinkommen (My Basic Income), whose online publications and monthly lotteries for a year of guaranteed income (1000 euros per month) have increased public awareness of the topic.
Broadly speaking, rural areas tend to be cheaper than cities. Research by the property portal Immowelt found that houses in Germany averaged €2,800 per square meter in early 2022, while flats cost €3,200. Saxony was the most affordable place to buy, while Munich was the most expensive.
What is the top 10 percent income in Germany? ›How much money do the rich make in Germany? Data published by the Institute for German Economy found that any single person earning 3.700 euros per month after taxes is considered part of Germany's rich, in the top 10 percent of earners.
What is upper class in Germany? ›"If you really have an income of a million, then you belong to the upper class, to the richest people by income in Germany, because the threshold at which you belong to the top 10% by income is below 1 million," Stockhausen said. An individual earning €42,000 a year after taxes lands in this top group.
How do I know my salary expectations in Germany? ›You should state your salary expectations in euros in line with the usual market level and taking your qualifications into account. Always indicate annual gross salaries and name this information as such. You should specify euros as the currency for applications in Germany.
How can I get more salary in Germany? ›The best approach to asking for a raise in Germany is to highlight your value and your contributions to the company. Any improvement in efficiency or skills such as language skills, training, courses and certifications is a plus.
Will salaries increase in Germany? ›In March 2024, monthly pay for all public workers will increase by €200, followed by a 5.5 percent salary increase, with a minimum increase of €340. The agreement runs for 24 months. The compromise is largely based on a proposal by arbitrators who were called in after talks broke down last month.
Is 45000 euro a good salary in Germany? ›A "good" salary depends on many factors, including location and job title. While it is difficult to give an exact figure, a good salary in Germany is likely anything above €45,000 per year. This would place you in the upper half of all employees, since the national median salary is €44,074 per year or €3,673 per month.
Is 3000 euro a good salary in Germany? ›Is 3000 € a month good salary in Germany? If we talk about the average gross wage in Germany for the year 2021 that is 56,985 EUR or 34,126 EUR after-tax for a single person. This stimulates a 2,843 EUR net monthly salary. A monthly net income of 2,500-3,500 EUR is considered to be a good salary in Germany.
What is the quality of living in Hamburg? ›
| Purchasing Power Index | 104.78 | High |
|---|---|---|
| Safety Index | 58.02 | Moderate |
| Health Care Index | 75.49 | High |
| Climate Index | 82.75 | Very High |
| Cost of Living Index | 71.22 | Moderate |
Yes, it's a good salary in Germany.
What salary in Germany puts you in top 10%? ›In its most recent figures from December 2021, the Institute for German Economy (IW) found that a single person earning €3,700 a month after taxes qualifies as rich, as that puts them in the top ten percent of earners in the country.
Is Hamburg expat friendly? ›Hamburg ranks 45th out of 50 cities in the Expat City Ranking 2022. More than one in four (26%) say they are unhappy with their life abroad, which is twice the global average (13%).
Where do rich people live in Hamburg? ›Altona can be a bit on the pricey side, considering it's right in the centre of the best restaurants and cultural hotspots. Ottensen and Blankenese take the lead when it comes to high rental prices in Hamburg. Altona-Alstadt, Altona-Nord, Iserbrook and Sternschanze all add up to make Altona an expensive area.
What is the average house price in Hamburg? ›Hamburg's housing market is also characterised by consistently high price levels. In 2020, property buyers paid an average price of 787,974 euros for a single-family home. This corresponds to an increase of +9.3 percent compared to the first half of 2019.
How much taxes will I pay in Germany? ›Income and salary tax
If you earn less than 10,908€ per year, you pay no income tax. If you earn the median income, your income tax is around 18% of your income. The maximum income tax is 45% of your income. If you are an employee, you pay a salary tax (Lohnsteuer) on every paycheck.
A monthly net income of 2,500-3,500 EUR is considered to be a good salary in Germany. This would allow you to afford a decent life in a large German city, including renting a 2 bedroom apartment, regularly eating out and weekends away. This is the average monthly salary including housing, transport, and other benefits.