Starnberg district: Purchasing power increased by 5 percent in 2024 - top position in Germany!

Starnberg district: Purchasing power increased by 5 percent in 2024 - top position in Germany!

According to a report by www.sueddeutsche.de,

In 2024, people in the Starnberg district will still have the most money available in Germany for housing, consumption, leisure and saving. According to the latest study by the market research institute GfK, the average purchasing power of district residents is 38,702 euros per capita, 39 percent more than the national average. Starnberg was already at the top of this survey last year with 36,866 euros.

This increase of five percent within a year is also well above the average increase in disposable income in Germany. Gfk calculates this at 2.8 percent: At 27,848 euros, nationwide purchasing power in 2024 will remain about as strong as in the previous year - provided that the inflation rate is also at the same level as the Bundesbank forecasts at 2.7 percent. In a comparison of the federal states, Bavaria is ahead with 30,130 euros per capita, the new bottom is Bremen, where a consumer only has an average of 24,702 euros.

Given these figures, it is clear that the Starnberg district continues to have a strong purchasing power position. This can have a positive impact on the regional retail and service sectors as people have more money to spend and invest. It could also lead to rising property prices in the region as demand for high-end housing and luxury goods could increase.

Bavaria, as the federal state with the highest purchasing power, should continue to be attractive for investors and companies that want to benefit from the higher purchasing power. On the other hand, Bremen, as the federal state with the lowest purchasing power, may be a difficult location for companies that rely on customers with purchasing power.

Overall, it can be said that regional differences in purchasing power can have an impact on economic activity and market opportunities in both Bavaria and Bremen. It is important to consider these factors when making economic decisions.