Cost of living in Germany is high and to lead a moderate lifestyle in Germany you need at least700 euro per month. However, if you are living in new Federal States i.e. former East Germany, you can sustain on 600 Euro per month. What you should keep in mind while staying and studying in Germany is that you should learn to maintain fixed costs, e.g. rent, as low as possible. You can look for student dormitory, shared room or economically priced-room.
You can get information on accommodation in local newspapers, usually in the Wednesday and weekend editions. The “notice-boards” of your university are usually filled with offers of accommodation scrawled on bits of paper. For those who arrive in Germany alone, flat sharing in so-called “WGs” (Wohngemeinschaften) is a good way to meet people.
Many university cities have shared-living centers (Mitwohnzentrale). These help you look for accommodation for limited periods on a commission basis. University residences also provide accommodation.
Approximate Cost of Living in Germany as a Student:
650 euros i.e. approximately INR 35,000 - 40,000 per month (rent, bills, food, transport, leisure activities, clothing, study material, health insurance)