Smart Living in Germany: Budgeting Tips for Indian Students

Step into Germany – Where Top-Quality Education Meets Affordable Living

14 June 2025

Germany has become a favourite study destination for Indian students. The country is well-known for its excellent universities, practical courses, and surprisingly low tuition fees—especially in public universities where some programs are completely tuition-free. But while studying in Germany can be budget-friendly, your day-to-day living expenses will depend on where you live.

Big cities like Munich and Frankfurt tend to be on the expensive side, but smaller cities such as Leipzig, Dresden, or Aachen offer a much more affordable lifestyle.

If you’re an Indian student planning to study in Germany, learning how to manage your monthly expenses will help you live comfortably while enjoying your study journey. A little bit of smart planning can go a long way in balancing your education, social life, and savings without unnecessary stress.

At BCES Admissions Abroad, we are always here to guide you through the entire process—from university selection to financial planning—so you can confidently step into your future abroad.

A Look at Monthly Living Costs in Germany for Indian Students

Here’s a simple estimate of what you may need to spend each month as a student in Germany:

1. Accommodation (Rent + Utilities): €300 – €600
2. Groceries and Food: €150 – €250
3. Health Insurance: Around €110
4. Public Transport: €30 – €90
5. Mobile and Internet: €30 – €50
6. Personal & Leisure: €50 – €100

Overall, most Indian students should budget between €850 and €1,200 per month to comfortably manage life in Germany.

Budgeting Tips for Indian Students Living in Germany

1. Pick Affordable Accommodation

Student dormitories are often the most cost-effective choice, with prices starting as low as €250 per month. Shared flats (Wohngemeinschaft or WG) are also popular among students and can help you save while giving you the chance to meet new people.

2. Cook at Home and Save Big

Eating out often can quickly add up. Shopping at affordable grocery stores like Lidl, Aldi, and Penny and preparing your meals at home can help you cut down your monthly food expenses.

3. Grab Student Discounts Everywhere

From discounted movie tickets to cheaper public transport and museum entries, Germany is full of student deals. Always carry your student ID—it’s your key to saving money.

4. Use Public Transport Smartly

Public transport is highly efficient and affordable in Germany. Many universities offer a semester pass that gives you unlimited local travel at a very low price.

5. Work Part-Time to Support Yourself

International students in Germany are permitted to work full-time during breaks and up to 20 hours per week throughout the academic year.  It’s an excellent method to supplement your income and obtain real-world experience.

6. Track Every Euro You Spend

Keeping track of your spending is essential. You can use simple budgeting apps or just write things down. Being aware of where your money goes will help you make better financial decisions.

Studying in Germany is not just about earning a prestigious degree—it’s also about learning how to live independently and manage your money wisely. With good planning and some simple money-saving habits, you can fully enjoy your student life without worrying about expenses.

At BCES Admissions Abroad, we make your study abroad process easy, affordable, and well-guided. Whether you need help choosing the right course, applying for your visa, or understanding your living expenses, we are always here to support you.

Contact BCES Admissions Abroad Today!

Call us: +91-8800096600

Email us: online@bces.in