Financial expert analyzes: Pensioners live particularly cheaply in NRW - NRW pension oases identified

Financial expert analyzes: Pensioners live particularly cheaply in NRW - NRW pension oases identified

According to a report by www.ruhr24.de,

The study by the Prognos research institute on behalf of the German Insurance Association (GDV) shows that pensioners can live particularly cheaply in some NRW cities. Remscheid seems to be a good place for pensioners, as they have the highest purchasing power in the country. Other cities such as Recklinghausen and the Märkischer Kreis also offer pensioners comparatively high purchasing power. In contrast, Münster, Cologne, Bonn and Düsseldorf are more expensive cities for retirees.

The purchasing power of retirees in different cities can have a direct impact on the local market as well as the financial industry. For example, in affordable cities, demand for residential real estate could increase, leading to an increase in the value of the real estate market. This could also have an impact on lending and the investment climate. On the other hand, more expensive cities with high costs of living could encourage retirees to consider moving to cheaper regions, which in turn could affect the real estate market and credit.

It is therefore important to consider regional differences in the purchasing power of retirees in order to make informed decisions in the financial sector.