The cost of living in Frankfurt is dependent on your lifestyle. However, if you apply the same standard of living to all cities, Frankfurt can be an expensive city. The cost of living here is the second-highest in the country, only surpassed by Munich. Eating out is really inexpensive here. A great dinner including beer costs around 10 euros. Beer prices range from $2.00 to $4.00 a pint, depending on where you go, however, Apfelwein is less expensive. Some areas are definitely more costly than others  like Schweizer Platz, Bornheim). Places like  Ostend, near the Ostendstrasse are cheap and nice places to live. A studio's rent here is around 550 euros. Rent is inexpensive, food is cheap, drinks are cheap, and partying is cheap. Most clubs here charge 3-5 euros to enter, while beverages are more expensive.