How much are 1,000 euros worth in which regions of Germany?
A study provides information about the purchasing power of the pension.
Here is the result.
Where do pensioners live with their livelihood cheapest in Germany?
A study found where the cost of living is particularly low - and where it is particularly high.
Here are the results of the nationwide ranking.
Where do pensioners live cheapest in Germany?
The amount of the
pension
*
is one thing - but there are also the
cost of living
.
And the
purchasing power of pensions in
particular
varies depending on the region in Germany, according to
a report by the SZ.
What can retirees * actually afford and where?
The report refers to a study by Prognos AG for the "7 years longer" initiative, which the German Insurance Association (GDV) launched.
The
cost of living of retirees in 401 districts and urban districts was
compared
.
The result, writes SZ.de: The retiree paradises are currently more in the
new federal states
.
Pensioners there have more of their
money
, also because
rents are
often
much cheaper than in the west
.
According to the study,
pensioners in expensive Munich have a purchasing power of 763 euros
.
In the
Brandenburg district of Elbe-Elster, however
, the real value would be 1,158 euros.
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Study: Place of residence influences prosperity in old age
An author of the study is quoted in the report as quoted by one of the authors of the study, as quoted in the report
that the place of residence has a major influence on the cost of living and thus prosperity in old age
.
At the same time,
however
,
more expensive areas
do not necessarily have to be less attractive, since
wages and pensions there tend to be higher than in cheaper regions
.
What is also noticeable about the study is
that life
is
particularly expensive for pensioners * in Bavaria
- Munich in the lead.
Seven of the ten most expensive retirement homes in Germany are located in the Free State.
Behind the state capital, the
districts of Munich
and
Starnberg are
on the other places in the Germany-wide ranking.
In general, the economically strong south of the republic is more expensive:
40 of the 50 most expensive regions are spread across Bavaria, Baden-Württemberg and Hesse
.
What 1,000 euro pensions are worth
The five most expensive districts in Germany
place | country | circle | Real purchasing power of 1,000 euros in pension |
1 | Bavaria | City of Munich | 763 euros |
2 | Bavaria | District of Munich | 826 euros |
3 | Bavaria | Starnberg district | 828 euros |
4th | Hesse | town Frankfurt am Main | 839 euros |
5 | Bavaria | Miesbach district | 849 euros |
Source: Prognos
The five cheapest districts in Germany
place | country | circle | Real purchasing power of 1,000 euros in pension |
397 | Lower Saxony | Lüchow-Dannenberg district | 1,145 euros |
398 | Thuringia | Kyffhäuserkreis | 1,148 euros |
399 | Saxony | Vogtland district | 1,149 euros |
400 | Lower Saxony | Holzminden district | 1,556 euros |
401 | Brandenburg | Elbe-Elster district | 1,558 euros |
Source: Prognos
According to its own information, the institute adapted the weighting of the
general shopping basket of the Federal Statistical Office
to the
consumption behavior of people over 65
for the
evaluation
.
Health care expenses
and
rents
,
for example, have a higher weight
in this
age group
.
Education
costs
, on the other hand, play a lesser role.
Sources: SZ Online, gdv.de, dpa
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* Merkur.de is part of the nationwide Ippen digital editorial network.