The data reached an all-time high of 8.4 % in Dec 2016 and a record low of -3.8 % in Mar 2007. The average power price for households and small businesses in Germany stood at 30.43 cents per kilowatt hour (ct/kWh) in 2019, according to the economy and energy ministry . The average interest rate over the last two decades is just 4.7%, whilst in May 2016 it was down to 1.5%. In Dortmund, median apartment prices … Property Prices in Germany. Average price of residential property in EU-28 as of May 2018, per country (in euros per square meter)*. m., with one and two family house prices rising 7.20% compared with last year. Cost of living in Germany is 8.84% lower than in United States (aggregate data for all cities, rent is not taken into account). Show sources information. According to the website www.wohnungsboerse.net, in 2011 the average price per square meter for a 60 square meter apartment in Germany was about €1,520. Among the main incentives for property demand in Germany are the cheap mortgages. Summary of cost of living in Germany. Frankfurt: €2,900 per sqm. Rent in Germany is 33.52% lower than in United States (average data for all cities). Munich is known as Germany’s most expensive city and consequently house prices there are higher than other cities. The prices and the demand for property in Germany are very different depending on the region. The cost of buying property in Germany varies wildly. House prices increased less than inflation in Finland (-0.3 %). Family of four estimated monthly costs: €3,566; Single person estimated monthly costs: €1,871; Cost of living in Germany is cheaper than in 63% of countries in Western Europe (12 out of 19) Cost of living in Germany is more expensive than in 71% of countries in the World (27 out of 91) This statistic shows the average price of 120 square meter apartments located in the most important cities of countries in EU-28 as of May 2018, per country (in euros per square meter). Average prices of 120 square meter apartments located in the most important cities of 38 European countries were highest in Monaco, the United Kingdom, France and Austria in 2019. Germany House Price Index - data, historical chart, and calendar of releases - was last updated on March of 2020 from its official source. It describes apartments and free-standing homes (new and existing), starting at January 2005. Family of four estimated monthly costs: €3,564; Single person estimated monthly costs: €1,871; Cost of living in Germany is cheaper than in 63% of countries in Western Europe (12 out of 19) Cost of living in Germany is more expensive than in 71% of countries in the World (27 out of 91) House price divide in Germany The country is also divided when it comes to buying property. 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