Munich flag

Munich

Munich is a global centre of art, science, technology, finance, publishing, culture, innovation, education, business, and tourism and enjoys a very high standard and quality of living.

  • Founded: 1158
  • Population: 1.5m
  • Area: 310.7 km2
  • Average salary: $3,576.92
  • Elevation: 520 m
  • Timezone: UTC+01
Munich

Cost of Living Index by Munich

  • 73.1Cost of Living Index
  • 41.4Rent Index
  • 57.9Cost of Living Plus Rent Index
  • 63.0Groceries Index
  • 66.6Restaurant Price Index
  • 101.6Local Purchasing Power Index

Cost of Living in Munich

Last Update: January 2023

Rent Per MonthRent Per Month
Price
Range
Apartment (1 bedroom) in City Centre
$1,438.69
$1,083.51$1,950.32
Apartment (1 bedroom) Outside of Centre
$1,102.78
$866.81$1,625.27
Apartment (3 bedrooms) in City Centre
$2,702.98
$2,167.03$3,250.54
Apartment (3 bedrooms) Outside of Centre
$2,036.56
$1,625.27$2,708.78
Buy Apartment PriceBuy Apartment Price
Price
Range
Price per Square Meter to Buy Apartment in City Centre
$13,141.97
$10,835.13$18,419.72
Price per Square Meter to Buy Apartment Outside of Centre
$9,687.14
$7,584.59$13,002.15
Utilities (Monthly)Utilities (Monthly)
Price
Range
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)
$0.10
$0.05$0.11
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$318.79
$221.04$434.18
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$38.70
$32.40$48.76
MarketsMarkets
Price
Range
Apples (1kg)
$3.08
$1.63$4.33
Banana (1kg)
$2.03
$1.19$3.25
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$19.85
$8.67$31.42
Bottle of Wine (Mid-Range)
$7.58
$4.33$11.92
Chicken Fillets (1kg)
$11.38
$5.42$16.25
Cigarettes 20 Pack (Marlboro)
$8.51
$7.58$9.75
Domestic Beer (0.5 liter bottle)
$1.12
$0.76$1.41
Eggs (regular) (12)
$3.55
$2.07$5.20
Imported Beer (0.33 liter bottle)
$1.94
$1.08$3.03
Lettuce (1 head)
$1.52
$0.87$2.17
Loaf of Fresh White Bread (500g)
$2.01
$0.86$3.25
Local Cheese (1kg)
$15.07
$6.50$30.34
Milk (regular), (1 liter)
$1.36
$1.07$1.72
Onion (1kg)
$1.46
$0.96$3.13
Oranges (1kg)
$2.61
$2.06$5.15
Potato (1kg)
$2.12
$0.98$3.25
Rice (white), (1kg)
$2.58
$1.08$3.88
Tomato (1kg)
$3.66
$1.63$5.42
Water (1.5 liter bottle)
$0.84
$0.22$1.73
TransportationTransportation
Price
Range
Gasoline (1 liter)
$2.22
$1.88$2.39
Monthly Pass (Regular Price)
$65.01
$63.93$86.68
One-way Ticket (Local Transport)
$3.79
$3.47$4.12
Taxi 1hour Waiting (Normal Tariff)
$32.51
$32.51$43.34
Taxi 1km (Normal Tariff)
$2.34
$1.84$3.25
Taxi Start (Normal Tariff)
$5.09
$4.01$7.58
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$24,821.25
$23,620.58$27,087.82
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$26,979.47
$21,670.26$29,921.21
Clothing And ShoesClothing And Shoes
Price
Range
1 Pair of Jeans (Levis 501 Or Similar)
$96.00
$54.18$119.19
1 Pair of Men Leather Business Shoes
$130.66
$59.59$204.78
1 Pair of Nike Running Shoes (Mid-Range)
$99.00
$59.59$140.86
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$41.85
$27.09$81.26
RestaurantsRestaurants
Price
Range
Cappuccino (regular)
$3.82
$2.49$4.88
Coke/Pepsi (0.33 liter bottle)
$3.33
$2.17$4.33
Domestic Beer (0.5 liter draught)
$4.60
$3.25$5.42
Imported Beer (0.33 liter bottle)
$4.55
$3.25$5.42
McMeal at McDonalds (or Equivalent Combo Meal)
$9.75
$8.67$10.84
Meal for 2 People, Mid-range Restaurant, Three-course
$70.43
$54.18$108.35
Meal, Inexpensive Restaurant
$16.25
$10.84$27.09
Water (0.33 liter bottle)
$3.00
$2.17$4.33
ChildcareChildcare
Price
Range
International Primary School, Yearly for 1 Child
$17,379.55
$13,002.15$23,837.28
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$661.54
$325.05$1,083.51
Sports And LeisureSports And Leisure
Price
Range
Cinema, International Release, 1 Seat
$13.00
$10.84$16.25
Fitness Club, Monthly Fee for 1 Adult
$44.92
$27.09$86.68
Tennis Court Rent (1 Hour on Weekend)
$26.15
$21.67$30.34
Salaries And FinancingSalaries And Financing
Price
Range
Average Monthly Net Salary (After Tax)
$3,576.92
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
2.22
13.65
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