Cost of living in Germany – 2015

German health insurance is compulsory for anybody on a residence visa. That includes student visa. Students currently pay the subsidized rate of approx. €80/month for the insurance (if you join the public scheme - the private scheme might be cheaper if you are young, healthy and have no family).
Edited to add: Yes, they pay for all medically necessary medication and aid, incl. doctor visits, laboratory tests, etc. There might be a small co-payment for medication, not more than a few Euro.

My knowledge is the public scheme not allowed for students staying only one year and minimum two years to be covered with the family in the public insurance. So means one year student and his family have to go in a private insurance scheme?

Oh, then this is a very specific case and you better contact a German health insurer for more definitive advice. The rules governing German health insurance are very complex, but without insurance you'll have to pay A LOT!

It's not just Germany that has a low supply of real estate for sale at good prices. It's everywhere. Most bigger cities in USA, all over Europe, Thailand, etc.

With banksters forcing people to do something with their money rather than let it sit in a bank, people are putting that into real estate. Which is another artificial coercion that shouldn't be there.  Euroland is in financial disarray. Real estate is not going to go up forever as the Euro system self destructs. It's only a matter of time.

The plan is to wait till prices come down or the Euro rate drops to below .80 so there is an increase in USD purchasing power over there.  But even at a 30% decrease in value or increase in USD purchasing power, German real estate is expensive compared to lots of other places unless you are buying in the smaller towns.

I plan relocating to Germany later in the year, but my question is ,can I be able to get someone to share a studio apartment till I am gainfully employed. Thank you.

Sharing a room (i.e. two people in a room) is very unusual in Germany, but if you find somebody willing to share with you, and a landlord to rent a studio to the two of you, it is o.k.
But why don't you want to rent a whole room in a shared apartment? This is much more common and costs you about the same!

Hi Beppi,I am Shahul Hameed...My blocked account has been created and 8090 euros have been deposited.My Question is after showing this as a proof for visa will i be able to take it and use it after reaching germany?!...I know we can take 670 euros per month but is it possible just after arriving berlin to take it for use...

Waiting for your reply..

shahulhameedfadhul wrote:

Hi Beppi,I am Shahul Hameed...My blocked account has been created and 8090 euros have been deposited.My Question is after showing this as a proof for visa will i be able to take it and use it after reaching germany?!...I know we can take 670 euros per month but is it possible just after arriving berlin to take it for use...
Waiting for your reply..

I assume you were asked to show money in a blocked account to get a visa for Germany?
If so, please ask the visa-issuing agency (probably the German embassy) about rules governing this.
If the amount is to ensure your continuous living costs in Germany, you are probably not allowed to withdraw and use it all at once.
Please also note that €670/month is by no means enough to survive in Germany, so you better bring some additional funds when you arrive!