If you plan on moving to Germany may not be fruitful if you don’t identify a good place to move to. I find the process of moving to be complicated especially if you don’t do prior research. Frankfurt is a great city for both families and individuals.
Is Frankfurt am Main a good place to live? That depends on what you want. The city is considered to be the most international city in Germany. The population is diverse so you will always find someone that speaks your language regardless of where you come from. The city has a rich history and plenty of attractions.
Are you moving to Frankfurt am Main to study for your degree, for work, or for retirement? The article will talk about some of the city’s main attractions, the best and worst neighborhoods, and the cost of buying or renting homes. The information will help you determine if the city is right for you.
Is Frankfurt am Main a Good Place to Live?
Living in Germany is a pleasant experience especially if you find the right place for your needs. Whether you are an expat or a citizen looking for a place to move to, Frankfurt gives you a lot to enjoy.
It is very easy to make new friends in the city. The people are pleasant and the population is of people from all over the world.
The culinary scene is exciting and there are plenty of opportunities to meet people. There is a wide range of clubs and bars. You may take a walk along Museum Mile, visit the beautiful parks, or spend a quiet evening on River Main.
The city is in close proximity to other cities and countries. It is centralized so it is easy to get to other towns including Hamburg and Berlin. You can get on a train and explore Heidelberg or Bremen. The popular modes of transport include bus, train, and plane. If you would like to stay connected to the rest of Europe, it is the right city for you.
There are 46 neighborhoods in the city and some of them are better than others. As with other large cities, the living conditions vary depending on the district you live in. There are lots of housing opportunities and the prices are fair.
Innenstadt is one of the most pleasant neighborhoods if you would like to live close to the city center. It is in the heart of the city and it hosts a lot of financial institutions. It is surrounded by some amazing stores. Zeil Street is the biggest pedestrian shopping street in the country. It has stores such as Louis Vuitton and Prada. The neighborhood is also in close proximity to some amazing coffee shops, cafes, and restaurants.
Westend is another amazing neighbourhood. It is a luxurious neighborhood with beautiful buildings. The neighborhood is popular with executives who work in the city center.
It is a quiet neighborhood with trees lining the streets. Westend is one of the best choices for families that want to live close to the city center without having to worry about the noise and pollution that come with city living. It is close to local parks such as Gruneburgpark and there is a lot of green space.
Some of the less pleasant neighbourhoods include Gallus and Gutleutviertel.
The quality of life in the city is high. It is easy to find a well-paying job especially if you work in the finance sector. The city offers lots of cultural highlights as there are lots of theaters and museums.
The city is popular for its amazing ciders which you can find in the bars known as Weinstuben.
You can always find a good school regardless of whether you are studying for your degree or looking for an elementary school for your child. Some of the popular universities include; Goethe Dental School, Goethe University Frankfurt, Frankfurt University of Applied Sciences, and IUBH Duales Studium.
The town is home to the third biggest airport in the center of Europe. The flights are regular and you can easily travel to all corners of the world. Some of the major roads include Bundesautobahn 66 (A66 and Bundesautobahn 661.
The rate of crime is minimal. The most common crimes include pick-pocketing and purse snatching.
Is Frankfurt am Main a Good Place to Work?
Frankfurt is a great place to work. Finding employment is easy as it is one of the most significant financial centres in the world. It is the home of two important central banks; the German Bundesbank and the European Central Bank. Some of the commercial banks in the city include; Deutsche Bank, Commerzbank, and Dekabank.
The average gross salary in the city is €69, 691. The most popular job titles include; IT project manager, software developer, manager, and director. The average salary of an IT project manager is € 79, 390 while that of a software developer is €56, 335.
The most popular industries are IT services and Financial services. The biggest employers include Accenture Technology Solutions, Deutsche Bank, and Continental Ag. The average salary for employees of Deutsche Bank is €71, 119 while that of Continental Ag is €73, 416.
If you want to start a business, living in Frankfurt am Main would be a good as there are plenty of opportunities. The cost of living is low and therefore convenient even for those who are just starting out. The reliable transport network makes it possible to penetrate markets and source for raw materials easily. The population is high so there will be no shortage of labour force. The rate of unemployment in the city is very low.
Is Frankfurt am Main a Good place to Buy a House?
Most people who live in the city agree that buying a house is generally a better idea than renting as it is more affordable in the long run. An important element of buying a house is that, by law, you need to have your mortgage irrevocably in place before the purchase process begins. Mortgage rates are fair so you won’t be in credit for long. The cost of buying insurance for your home is fair too.
If you are trying to buy a nice house on a budget, consider living in Bockenheim. It is one of the most highly populated districts and most of the houses are small but lovely flats. The neighborhood is well connected to the rest of the city even though it is on the edge of the inner ring. If you want to live in a quiet neighborhood with lots of green space, it may be the right choice.
Sachsenhausen is another lovely neighborhood. It houses some of Europe’s best museums so it is very popular with art lovers. The neighborhood has a relaxed atmosphere and lots of bars that serve amazing beer and wine. The population of this neighborhood includes both young and older people. The nightlife is exciting and there are plenty of places to shop.
The cost of living in Frankfurt MA Main is low. The city is ranked 98th out of 383 cities in the world. Its cost of living index is 69.83. The cost of a meal in an inexpensive restaurant is about €10.00. Gym membership for one adult costs about €37.38 and a liter of gasoline costs about €1.43.
The average cost of buying one bedroom properties is €300, 000 while that of buying three bedroom properties is €615, 000. The average cost of five bedroom properties is € 950, 000.
Renting one bedroom properties costs an average of €850. Renting three bedroom properties costs €1350 and five bedroom properties cost an average of € 2200.
Is Frankfurt am Main a Good Place to Invest in Property
The real estate market in Frankfurt is booming. In the year 2018, the value of transactions in Frankfurt rose by 36% hitting an all-time record of €10.4 billion. The city is, therefore, the country’s leading market for commercial real estate. If you plan on investing in property, the city is the best option for you. The surge which started on the eve of Brexit was brought about by the high number of big deals involving significant office towers. Most of the transactions were worth €100 million and more. Plenty of UK-based banks have chosen to move their headquarters from London to Frankfurt.
The city has an incredible transport infrastructure. It is, therefore, a magnet for both international and local businesses. Frankfurt Airport is one of the biggest airport hubs in the world. It allows you to reach almost every other important city in Europe in a few hours. The airport operates more than 4, 000 flights to over 300 destinations. The city has one of Europe’s biggest railway stations. It is integrated into European high-speed train network
Is Frankfurt am Main a Good Place to Raise a Family
Frankfurt am Main is a great place to raise a family. There are plenty of family-friendly neighborhoods and you will always find a nice neighborhood that meets your preferences. Bornheim is one of the best neighborhoods for families. It is an expat magnet because of its amazing apartments and beautiful homes. The apartment complexes are large and there are plenty of cafes, bars, and restaurants. Most of the restaurants are built with terraces. It is, therefore, possible for you to enjoy your meals while taking in the beautiful views.
The neighborhood is well connected to other districts and the city centre. Even though it is generally quiet with a conservative population, some of the streets are lined with amazing clubs.
Ostend is another great neighborhood for families. The neighborhood is close to the river and the ECB. Its population is diverse and it is close to the inner city. You, therefore, have access to lots of shopping options. It is close to plenty of boutique shops, bars, and restaurants.
The city has plenty of highly rated schools so it is easy to find one. Some of the schools include; ISF International School Frankfurt Rhein-Main, EVOLANGUAGE School of Frankfurt, and Phorms Campus Frankfurt City. Luckily for you, the city gives you the chance to raise bilingual children. There are lots of opportunities to pursue international education.
The city has low crime rates so you do not have to worry about your security. Even the less pleasant neighborhoods are relatively safe.
The community network in Frankfurt helps your children with their social skills. The town may be large but most of the neighborhoods are tight-knit. It is easy to build a strong network for yourself and your children. There are plenty of families and so there are plenty of family-friendly activities.
The city has lots of greenspace including parks and playgrounds. Even though the city has the reputation of being a concrete jungle, there is plenty of green space. The parks are lush green and the boulevards are lined with beautiful trees.
Living in the city, you will have access to great medical care as there are lots of healthcare facilities. The town upholds Germany’s high-quality healthcare coverage. You get to choose between two sectors of the healthcare system. gesetzliche Krankenversicherung and Krankenversicherung. There are more than 15 healthcare facilities. Two of the largest are the Bürger hospital and the Goethe University Hospital.
Is Frankfurt am Main a good place to Retire?
Frankfurt is a good place to retire especially if you want to experience the excitement of living in a multicultural city. You are likely to meet someone from your ethnicity regardless of what it is. About 30% of the city’s population has foreign citizenship. Living in Frankfurt gives you the chance to meet friends from all over the world. The city has people from about 180 different nationalities.
The central location of the city makes it possible for you to reach other cities easily. You will be able to reach other cities such as Paris and Amsterdam in just a few hours. The city has the country’s largest commercial airport. It is, therefore, possible for your family to visit you whenever they want.
The crowning to your stay in Frankfurt am Main is their amazing cider. The traditional Apfelwein (Apple wine) is a refreshing drink that you can enjoy in the local bars.
The city has plenty of festivals. The locals love to party so you will enjoy lots of street festivals, traditional folk fairs, and open-air events. You will always have something to do regardless of the time of the year you visit.
The Opera Square Festival is one of the most popular festivals. The culinary festival is held every year to celebrate the most beautiful plazas in the city. The feast is a chance to enjoy all genres of music, culinary delights, and pleasant people.
Main Festival is a chance for the locals to have fun with their families. It features fireworks displays, fairground rides, shooting galleries, and other fun activities for children.
Other festivals in the city include Apple Wine Festival, Rheingau Wine Festival, and Christmas Market. The climate in Frankfurt am Main makes it suitable for outdoor activities. There is always something fun to do. It has a temperate-oceanic climate with the annual temperature being 10.6 °C.
If you like shopping, there is no shortage of opportunities in Frankfurt am Main. There are lots of shopping centres and streets. Zeil is the central shopping street of the city. It is bordered by two public squares. Most shops on the street are retail chains including; Zara and H&M.
Goethestraße is the most luxurious shopping street in the city. It has lots of luxurious shops such as Prada, Armani, Versace, Gucci, and Tiffany.
The longest shopping street is Freßgass. It is a pedestrian-only street with fewer crowds and an extensive variety of cafes, shops, and restaurants.
Is Frankfurt am Main a Good Place to Visit?
Frankfurt am Main is a great place to visit because there are plenty of fun things to see and do. There are lots of beautiful attractions. There are lots of day trips that you can take to enjoy the various beautiful views. Heidelberg Half-day trip is one of the most popular ones. Take the opportunity to explore the ruins of Heidelberg Castle to view the biggest wine barrel in the world.
If you love museums, you will enjoy the variety that the town offers. Portikus is one of the most popular museums. The red, odd-shaped structure serves as an exhibition hall. The building is tall and shaped like a barn. There are lots of swans and geese waddling in the river. It is a great venue for family entertainment.
Main Tower is another great attraction. At a height of 200 meters, it is one of the tallest buildings in the city. You can take an elevator for the first 190 meters and walk the rest of the distance. If you want amazing views of the city, it is the right place to visit.
Frankfurt Christmas Market is one of the city’s treasures. It is one of the oldest Christmas markets in the country. The winter market is usually filled with festivities including Christmas carols, beautiful lights and a Christmas tree. It attracts millions of people every year with over 200 stalls to keep everyone happy.
About the author: Marta Kovachek is the author of this article. She graduated from the University of Chicago with a master’s degree in Economics. Marta enjoys writing about the current economic situation and loves helping our readers to find their next "destination". From places to live to complex social and economic topics, we always enjoy Marta's work. Please contact us in case of any questions.