In the south, life for pensioners is particularly expensive, in the north and east of Germany, on the other hand, it is much cheaper, as a new study shows. But the amount of pensions also differs.
Nsomewhere in Germany, according to a study, life for pensioners is as cheap as in the Elbe-Elster district in southern Brandenburg. In the district, 1,000 euros for pensioners would correspond to a purchasing power of almost 1,160 euros. The most expensive retirement home, on the other hand, is Munich. There, the real value of 1000 euros for retirees is around 760 euros.
This is the result of a study by the economic research institute Prognos for the Association of the German Insurance Industry. Nationwide, purchasing power varies regionally by up to 52 percent.
For the evaluation, the institute compared the cost of living of pensioners in 401 districts and urban districts. For this purpose, the weighting of the general basket of goods of the Federal Statistical Office was adjusted to the consumer behavior of people over 65 years of age. Health care expenses and rents are therefore more important in this age group. Education costs play a lesser role.
However, more expensive areas do not necessarily have to be less attractive, since wages and pensions tend to be higher there than in cheaper regions, said study author Heiko Burret.
In general, the economically strong south of the republic is more expensive: 40 of the 50 most expensive regions are spread across Bavaria, Baden-Württemberg and Hesse. In contrast, pensioners’ lives are mostly cheap in northern and eastern Germany.