Cologne is the fourth-largest city in Germany, and it has a vibrant economy with many opportunities for employment. Most people who live here are fairly wealthy and enjoy their lives, but there are some areas where you might want to avoid. East Cologne is one of those areas; this neighborhood is known for its drug trade, crime, and high unemployment rate. The best neighborhoods include Ehrenfeld and Rodenkirchen which have plenty of apartments available for rent at reasonable prices.
The local economy is based on industry, trade, tourism, services and research. The city's industries include automotive and machine building as well as chemicals and pharmaceuticals. Tourism also plays an important role in the local economy because there are many interesting places to visit such as museums or historical sites.
Cologne also has a rich culture that includes festivals throughout the year celebrating local traditions such as Carnival and St Martin's Day (11 November). There are many museums and galleries along with theaters offering performances all year long so you’ll never run out of things to do!
Koln is also home to many popular neighborhoods, including Oberkassel and Ehrenfeld. It's worth checking out these areas if you're interested in living there because they each offer unique cultural experiences that are worth experiencing firsthand.