Starnberg and Miesbach lead purchasing power ranking in Germany!

Starnberg and Miesbach lead purchasing power ranking in Germany!

A current study by the Institute of German Economy (IW) shows that people in the Bavarian districts of Starnberg and Miesbach have the highest purchasing power in Germany. Despite the high cost of living in these regions, the residents have a real income of 35,392 euros in Starnberg and 35,335 euros in Miesbach after taking into account the cost of living. In comparison, the nationwide average real income is only 25,790 euros, which makes the difference in purchasing power clear. The high income in Starnberg, where the average available income is 40,205 euros, have an advantage on purchasing power, as

clear differences in the regions

In the blatant contrast, people in Offenbach, who form the bottom of the ranking with a real income of only 19,022 euros. There, high living costs are tightened by a comparatively low nominal income. These extreme differences in the purchasing power between the regions illustrate the advantages of the Starnberg and Miesbach residence, but should also be searched for solutions for structurally weak regions such as Duisburg and Gelsenkirchen, which also have lower prices. In these urban areas, the burden of high rents is often a main cause for the weak purchasing power, such as DATEV MAGAZIN emphasizes.

In the overall overview, it becomes clear that touristically attractive regions in Germany often also have a high purchasing power. Starnberg and Miesbach lead the ranking, followed by wealthy surrounding regions such as the Hochtaunuskreis near Frankfurt and Nordfriesland on Sylt. These developments show how important the interactions between income, living costs and regional location factors are that contribute to the purchasing power of people.