Press release No. N 054 of 26 August 2022
- Tenant household population affected particularly strongly with a share of 12.8%
- Housing cost burden above average for tenant households in cities and in the lowest income group
Net rents exclusive of heating expenses up 1.7% in July 2022 from July 2021
WIESBADEN – For millions of people in Germany, the money spent on housing accounts for large part of their cost of living. Housing expenditure and rents in particular usually are fixed monthly costs with little nor no reduction potential. In 2021, housing costs accounted for an average 23.3% of households’ disposable income, according to the Federal Statistical Office (Destatis). Households are regarded as overburdened if their housing cost burden exceeds 40%, that is the percentage of household disposable income spent on housing. This was the case for 10.7% of the population last year.
