What do Germans spend their money on?

Everyone has different priorities, but statistics reveal what Germans spend more money on than people in other countries.

For German families, their home is the number one priority.
For German families, their home is the number one priority. kuzmichstudio/stock.adobe.com

An average household in Germany has a gross income of 4,474 euros per month. After deducting taxes and social security contributions, this leaves 3,399 euros. The most money, namely 2,517 euros, is spent on personal consumption. Of this total, between a third and a quarter is spent on rent, depending on where people live.

Personal consumption expenditure in percent
 

  1. Housing (35.6 %)
  2. Food (13.8 %)
  3. Transport (13.8 %)
  4. Recreation (10.3 %)
  5. Going out (5.8 %)
  6. Interior furnishings (5.6 %)
  7. Clothing (4.4 %)
  8. Health (3.9 %)
  9. Communication (2.5 %)
  10. Education (0.7 %)
     

Amenities in German households
 

  1. Telephone (100 %)
  2. Refrigerator (99.9 %)
  3. Television (97.8 %)
  4. Washing machine (96.4 %)
  5. Internet connection (91.1 %)
  6. PC (90 %)
  7. Coffee machine (84.7 %)
  8. Bicycle (79.9 %) 
  9. Car (78.4 %)
  10. Dishwasher (71.5 %)
     

By way of comparison: whereas people in Germany spend over 35 percent of their money on a place to live, the French do not even spend 20 percent of their income on housing. While the British spend a similar amount as Germans on food, they invest significantly more in recreation and culture – nearly 15 percent. And the Italians like to buy clothing most of all: at eight percent, they spend twice as much on this as Germans do.

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