diff --git a/CHANGELOG.md b/CHANGELOG.md
index f9bbcca84..e94d88d01 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -13,6 +13,7 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ### Changed
 
+- Localized the number formatting of the y-axis labels in the line chart component
 - Improved the wording of the 4% rule in the _FIRE_ section
 - Improved the language localization for German (`de`)
 
diff --git a/libs/ui/src/lib/line-chart/line-chart.component.ts b/libs/ui/src/lib/line-chart/line-chart.component.ts
index e7f8b132e..0afef5959 100644
--- a/libs/ui/src/lib/line-chart/line-chart.component.ts
+++ b/libs/ui/src/lib/line-chart/line-chart.component.ts
@@ -261,7 +261,10 @@ export class GfLineChartComponent
                       }
 
                       if (typeof tickValue === 'number') {
-                        return tickValue.toFixed(2);
+                        return tickValue.toLocaleString(this.locale, {
+                          maximumFractionDigits: 2,
+                          minimumFractionDigits: 2
+                        });
                       }
 
                       return tickValue;