Cost of living and prices in Magdeburg, prices of food, rent, shopping, etc. 🇩🇪
Updated Jul 2023

Discover the cost of living in Magdeburg, Germany – a city located in Western Europe with a population of 229,826 people. Magdeburg operates on the Europe/Berlin time zone, GMT: 1.0, and is situated at an elevation of 57 meters above sea level.

In this beautiful city, you can expect to find affordable living costs compared to other major cities in Germany. The cost of rent is lower, and food and transportation costs are also reasonable. In your free time, you can explore the rich history of Magdeburg by visiting the Magdeburg Cathedral, the stately Monastery of Our Lady, and the Green Citadel of Magdeburg, which boasts a unique and fascinating architectural style. The city also offers plenty of options for dining, shopping, and entertainment. Come and experience what Magdeburg has to offer!

Looking to live in Germany while keeping budget in mind? Magdeburg could be your answer! Check out our cost of living page to get a better idea of what to expect when living in this charming city.

Cost of Living Estimate in Magdeburg

Total cost of living in Magdeburg for two person with average consumption for one month will be 1336.84 USD, no rent price included. Click here to calculate cost-of-living estimate in Magdeburg

You can calculate cost of living in Magdeburg by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

Magdeburg, Germany offers a plethora of restaurant and eating options for travelers to explore. Traditional German cuisine can be found at many local restaurants, serving up hearty meals such as Schnitzel and Bratwurst. If you're looking for something more international, there are also many Italian, Asian, and Middle Eastern restaurants scattered throughout the city. For those looking for a quick bite, food stands and cafes can be found throughout the city, serving up pastries and sandwiches. Whether you're looking for a sit-down meal or a grab-and-go option, Magdeburg has something for everyone!

If you're interested in trying local foods, be sure to visit the weekly farmer's markets in Magdeburg! They offer a great opportunity to sample fresh fruits, vegetables, and meats from the region. Many of the markets also have food stands, serving up local specialties such as Rotkohl and Kartoffelsalat. Another option for those looking for an authentic experience is a traditional beer garden, where you can enjoy a cold beer and traditional German fare in the great outdoors. Whether you're looking for a taste of the local cuisine or a unique dining experience, Magdeburg has plenty of options to choose from.

Meal in Inexpensive Restaurant
12.13 $
Meal for 2 People, Mid-range Restaurant, Three-course
76.42 $
McMeal at McDonalds or Alternative Combo Meal
9.10 $
Domestic Beer, 0.5 liter Draught
4.37 $
Imported Beer, 0.33 liter Bottle
4.85 $
Cappuccino
3.18 $
Coca-Cola, 0.33 liter Bottle
2.85 $

Markets prices

Magdeburg, located in the eastern part of Germany, has a diverse market with a wide range of prices for various goods and services. From affordable street food to upscale restaurants, you can find a variety of options to fit your budget. The city also offers a range of shopping experiences, with many options for high-end fashion as well as budget-friendly options. Overall, Magdeburg's market prices are affordable compared to other major cities in Germany, making it a great place to visit for those looking to stretch their budget.

While prices can vary depending on the area and time of year, Magdeburg generally offers competitive pricing for accommodation and transportation. Whether you're looking to stay in a luxury hotel or a budget-friendly hostel, there are plenty of options available. Additionally, the city's public transportation system is affordable and efficient, making it easy to get around without breaking the bank. Whether you're traveling on a budget or looking to splurge a little, Magdeburg has something for everyone when it comes to market prices.

Water, 0.33 liter Bottle
3.31 $
Milk, Regular,1 liter
0.84 $
Loaf of Fresh White Bread, 0.5 kg
1.37 $
White Rice, 1 kg
2.09 $
Eggs, 12 pack
2.24 $
Local Cheese, 1 kg
8.79 $
Chicken Breasts, Boneless and Skinless, 1 kg
8.29 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
10.97 $
Apples, 1 kg
2.74 $
Banana, 1 kg
1.77 $
Oranges, 1 kg
2.18 $
Tomato, 1 kg
2.86 $
Potato, 1 kg
1.25 $
Onion, 1 kg
1.36 $
Lettuce, 1 head
0.84 $
Water, 1.5 liter Bottle
0.46 $
Bottle of Wine, Mid-Range Price
4.85 $
Domestic Beer, 0.5 liter Bottle
0.96 $
Imported Beer, 0.33 liter Bottle
1.39 $
Pack of Cigarettes
7.76 $

Transportation prices

If you're visiting Magdeburg, you'll have a variety of transportation options to choose from. One of the most convenient and efficient ways to get around the city is by tram. The tram network in Magdeburg is extensive, with numerous lines that cover the entire city. It's also affordable, making it a popular choice among locals and visitors alike. Another transportation option to consider is the bus. While the bus network isn't as extensive as the tram network, it still covers a large part of the city and is a great way to get around. If you're looking for a bit more flexibility, you might consider renting a bicycle. Magdeburg is a bike-friendly city, with plenty of bike lanes and paths, making it easy to get around on two wheels.

If you're interested in exploring the area around Magdeburg, there are plenty of transportation options available for you as well. For example, you might consider taking a train to explore the surrounding towns and cities. Trains in Germany are fast, convenient, and comfortable, making them a great option for longer journeys. You could also rent a car if you want to explore the area at your own pace. This option gives you the freedom to go where you want, when you want, and it allows you to see parts of the area that might be difficult to access otherwise. Whatever your transportation needs may be, Magdeburg has plenty of options to choose from.

One-way Ticket, Local Transport
2.67 $
Monthly Pass, Regular Price
72.78 $
Taxi Start, Normal Tariff
6.07 $
Taxi, price for 1 km, Normal Tariff
2.37 $
Taxi, price for 1 hour Waiting, Normal Tariff
29.11 $
Gasoline, 1 liter
1.76 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
26,125.85 $

Utilities Per Month prices

Utilities cost in Magdeburg, Germany may vary depending on the time of the year and the location of the apartment. However, typically, these costs include electricity, gas, water, and internet services. Germany, in general, has high utility costs, but tenants usually have the opportunity to choose between different providers and tariffs. Moreover, many apartments in Magdeburg are equipped with energy-efficient appliances and modern heating systems, contributing to lower utility bills in the long run.

It is important to note that most utility bills in Germany are issued monthly and must be paid on-time to avoid additional fees or service interruptions. Also, some landlords may require tenants to make monthly deposits towards utilities to prevent unexpected bills at the end of the lease. Visitors traveling to Magdeburg should ensure that they understand their rental agreements and utility costs to avoid any surprises during their stay. Overall, while utility costs in Magdeburg may be higher than some other countries, they contribute to a sustainable and environmentally-friendly lifestyle in Germany.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
239.15 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.12 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
39.99 $

Sports And Leisure prices

Magdeburg, the capital of Saxony-Anhalt, is a haven for sports enthusiasts and leisure seekers alike. The city boasts an impressive lineup of activities to suit every travelers' preference. For those seeking adrenaline-pumping adventure, Magdeburg offers an array of outdoor pursuits such as kayaking, wakeboarding, and wind-surfing on the River Elbe. Biking and hiking enthusiasts can explore the scenic Magdeburg region, which includes the Elbe Cycle Route. In addition, The Elbauenpark is a picturesque park filled with attractions from butterfly gardens to the tallest wooden rollercoaster in the world that provides fun for everyone.

For those interested in cultural experiences or indoor activities, Magdeburg offers plenty of options. The city hosts various sporting events, including basketball and handball matches. You can also visit the highly-rated sports and fitness centers such as the Olympic Center that offers facilities ranging from badminton courts to swimming pools. The Stadtwerke Magdeburg Ice Rink provides a unique opportunity for travelers to try ice-skating. In addition, there are numerous cultural activities to try, including visiting the Spengler Museum, which showcases the city's rich history.

Fitness Club, Monthly Fee for 1 Adult
26.29 $
Tennis Court Rent, 1 Hour on Weekend
16.98 $

Salaries And Financing prices

If you're considering visiting Magdeburg, Germany, you may be interested to know that salaries in the city are generally quite comfortable. As a major industrial and economic hub, Magdeburg is home to many large companies with well-paying jobs. In general, people in Magdeburg earn enough to live comfortably and enjoy the city's many cultural and recreational offerings. If you're planning to stay in the city for an extended period, you may even consider working or interning here to take advantage of the high salaries and career opportunities available.

When it comes to financing your trip to Magdeburg, there are plenty of options to consider. The city has a wide range of banks and financial institutions that offer services such as credit cards, loans, and investment products. Additionally, many businesses in the city accept international credit cards, making it easy for visitors to pay for their accommodations, meals, and other expenses. Finally, travelers may want to consider bringing cash as well, since many smaller establishments may prefer cash payments or may not accept credit cards.

Cinema ticket, 1 Seat
14.25 $
Average Monthly Net Salary, After Tax
2,037.91 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
1.89 %

Childcare prices

Childcare prices in Magdeburg, Germany can vary depending on the type of facility you choose for your child. One major option is schools, which may offer longer hours and more academic programming. However, this type of childcare can also come with a higher price tag. On the other hand, kindergartens in Magdeburg tend to be more affordable and focus on play-based learning for younger children. It's important to do some research and consider your family's needs when deciding on childcare options and associated costs in Magdeburg.

In addition to traditional schools and kindergartens, Magdeburg also has options for bilingual childcare. These facilities may cost more than a typical kindergarten, but can offer valuable language immersion for your child. Many parents in Magdeburg also choose to hire a nanny or au pair for more personalized care, although this can also come with a higher price point. Ultimately, the cost of childcare in Magdeburg will vary based on your preferences and individual situation, but there are plenty of options available to suit different budgets and needs.

Private Preschool or Kindergarten, Monthly for 1 Child
335.61 $

Clothing And Shoes prices

Magdeburg, Germany offers a wide range of options when it comes to purchasing clothing and shoes. From high-end designer brands to affordable streetwear, residents and visitors alike can find everything they need in the city. Magdeburg's many shopping centers and department stores host a variety of local and international brands, ensuring that everyone can find something that suits their taste and budget. Whether you're looking for a new winter coat or a pair of comfortable sneakers, Magdeburg's shopping scene has got you covered.

With so many options available, it can be overwhelming to know where to start. Some popular shopping destinations in Magdeburg include the Allee-Center, the City Carré, and the Breiter Weg shopping district. Each of these areas is home to multiple stores and boutiques, offering a diverse selection of clothing and shoes. If you're looking for something a bit more unique, Magdeburg's smaller independent shops and markets are also worth exploring. No matter where you choose to shop, you can be sure to find the latest fashion trends and timeless classics in Magdeburg.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
60.65 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
47.01 $
Pair of Running Shoes, Mid-Range Price
63.68 $
Pair of Leather Business Shoes
121.30 $

Rent Per Month prices

Magdeburg, Germany offers plenty of short rent and stay options for visitors and temporary residents. Whether you are searching for a cozy apartment or a spacious house, you will find various options in the city to suit your lifestyle and budget. From small downtown apartments for solo travelers or couples to larger suburban homes for families or groups, Magdeburg has it all. As for pricing, it varies based on the kind of property, location, and duration of stay. However, overall, the cost of short rent and stay options in Magdeburg is reasonable and very affordable compared to many other major cities in Europe.

If you're looking for a long-term stay, many landlords in Magdeburg offer rentals with flexible lease terms and reasonable prices. For those in need of short-term stays, there are also various options, such as hotels and guesthouses that offer daily or weekly rates. Whether you decide to stay in an apartment or hotel, you can expect high-quality accommodations and excellent customer service. The best way to find short stay options in Magdeburg is to use reliable online booking platforms or research local rental agencies. By doing so, you can easily find a comfortable place to stay at a great price while exploring all that Magdeburg has to offer.

One bedroom apartment in city centre
374.02 $
One bedroom apartment outside of city centre
303.26 $
Three bedroom apartment in city centre
1,076.57 $
Three bedroom apartment outside of city centre
773.31 $

Buy Apartment prices

Magdeburg, Germany is an up-and-coming city that offers a variety of real estate buying options. Whether you are looking for a cozy apartment or a spacious house, there are plenty of properties available on the market. With the city's thriving economy and growing population, demand for real estate is on the rise, but prices remain affordable compared to other major German cities. Urban development is also on the rise, which means there are plenty of new buildings coming up that offer modern amenities and features.

Those looking to buy in Magdeburg can choose from different neighborhoods that each have their own unique character and charm. Old Town, for instance, boasts historic buildings and a rich cultural heritage, while Sudenburg offers a more laid-back and residential feel. Other popular neighborhoods include Buckau, Cracau, and Stadtfeld, each with their own distinct vibe. As prices continue to rise in other parts of Germany, Magdeburg offers a great opportunity for those looking for affordable real estate that doesn't sacrifice quality of life.

Price per m2 to Buy Apartment in City Center
1,698.26 $
Price per m2 to Buy Apartment Outside of City Center
1,334.34 $