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Frankfurt Market Data

Explore compensation benchmarks, tax liabilities, and cost of living adjustments for professionals in Frankfurt.

About Frankfurt

The Eurozone’s banking seat with outsized compensation in finance, law, and consulting.

Frankfurt represents a primary financial and business hubin Germany, attracting professionals from around the world. The city's strategic location, business-friendly environment, and quality of life make it an attractive destination for career growth and wealth accumulation.

Key Market Indicators

Cost of Living
84

Index score (100 = global average)

Rent Index
51

Housing cost indicator

Median Income
57.000 €

Estimated professional median

Tax System in Germany

Germany features a complex tax system with a high social security burden, covering health, pension, and unemployment insurance. The solidarity surcharge may also apply.

Example Calculation

For a professional earning 57.000 € annually in Frankfurt:

Gross Income
57.000 €
Net Income
31.407 €
Tax Rate
44.9%
Monthly Take-Home
2.617 €

Popular Salary Benchmarks

Explore compensation data for key roles in Frankfurt

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Frequently Asked Questions

What is the cost of living in Frankfurt?
Frankfurt has a cost of living index of 84 and a rent index of 51, making it one of the more expensive cities globally. Housing costs are manageable relative to other major cities.
How does the tax system work in Germany?
Germany features a complex tax system with a high social security burden, covering health, pension, and unemployment insurance. The solidarity surcharge may also apply.
What is a good salary in Frankfurt?
For professionals in Frankfurt, we estimate the median income at approximately 57.000 €. A salary above this level provides comfortable living standards, while salaries significantly below may require careful budgeting, especially for housing in prime districts.
What industries are strongest in Frankfurt?
Frankfurt is a major business hub with strong presence across multiple sectors. The city's status as a financial and technology center attracts professionals from various industries, with particularly strong opportunities in finance, technology, and professional services.