Life on Lake Constance: earn well, but live expensive!

Life on Lake Constance: earn well, but live expensive!

Bodenseekreis, Deutschland - on Lake Constance people earn well, but appearance is deceptive! According to the institute of German economy, life in this popular region is above average expensive. While the residents in the comparison values ​​of the income are quite good, the reality of living costs comes into play. The high housing costs are the crucial factor that reduce the actually available income and thus let the Lake Constance district and the city of Constance fall back in terms of real income in the nationwide ranking. In the overall ranking, the Lake Constance district only occupies 52 and Constance. href = "https://www.schwaebische.de/regional/bodensee/am-bodensee-verdienen-gut-gut-gut-dah-bring-ihnen-nicht-tig-3159162"> Schwäbische.de reported.

Spring inflation and increasing living costs

The constant increase in living costs - especially for rents, food and restaurant visits - has led to a tense financial environment in the Lake Constance area. Despite the relatively high income, the pressure from the costs is so strong that many households are difficult to maintain their standard of living. The general development of the region is underpinned by various economic data that enable a review of the economic features and trends. The region's gross domestic product (GDP) is evaluated according to a European standard system (ESVG 2010), which allows a detailed analysis of economic performance, such as Statistics-bodensee.org explains.

The complex data situation on the economic situation is influenced by the international currency bills, so that the GDP values ​​can be distorted by exchange rate effects. The information compiled here shows the challenges of the region and establish an impressive contrast between the supposedly "good" earning opportunities and the high cost of living. The tenants and consumers can therefore adjust to a tight wallet while they live in one of the most beautiful regions in Germany.