average monthly cost of living in munich

For reference, the figures below are for the capital, Berlin. %���� Location information FAQ - Frequently asked questions about Munich (pdf, 261 KB) The markets are located at a distance from 200 meters to 9 kilometers from the city center. Berlin is 48% cheaper than New York City. View entire discussion ( 201 comments) More posts from the germany community. The annual fixed percentage of 1.81% makes it possible to take housing loans quite often. The cost of utilities like water, electricity, gas, and garbage collection would cost around 80 Euros monthly. The Cost of Living in Munich is high. Restaurants and transportation take the third and the fourth place in the table. Coffee costs: $3.59. This is one of the most expensive cities in Germany where life is quite costly.eval(ez_write_tag([[320,50],'costoflivingreports_com-box-3','ezslot_1',104,'0','0']));eval(ez_write_tag([[320,50],'costoflivingreports_com-box-3','ezslot_2',104,'0','1'])); Munich is waiting for you to explore the fascinating landscapes of the Alps is you love nature. Living Costs. endobj endobj Let’s check some data for the cost of living in Munich, Germany below: The following are collected for use in determining the cost of housing score: square footage, monthly rent, home prices, and utilities. Transportation facilities are the BEST, but I would say these do not come cheap. Naturally, the cost of living in Munich depends on your needs and your lifestyle. Once you have bought a ticket for a bus, it will be valid for the tram and the train too. The latest news with the rental prices make changes to the statistics of how an average person spends money in Munich. Cost of living index in Ingolstadt is 25.76% lower than in New York. With an emerging startup and tech scene, the focus in Munich is also on IT and engineering based professions. A cost of housing score of 1 indicates most expensive while a 10 represents cheapest. Average Monthly Costs of Living in the Netherlands Monthly Rent for an Apartment . Cost of living in Munich is 50% more expensive than Cologne according to the average local monthly cost. Share on Facebook. The average monthly living expenses in Germany (for non-students) is around €1,200, but there are many factors which can affect this, especially location. In the Mercer Cost of Living Rankings 2018 Munich was in 57th place among 209 cities worldwide. The most common expenses are: Price (NZD) Price (USD) Rent: 1,500: 900: Groceries/Household Items: 700: 420: Utilities: 130: 80: Internet: 75: 45: Gas/Transportation: 150: 90: Monthly Costs for a Family of Four. The Internet is a little bit more expensive than in the rest of the cities in Germany yet still affordable.eval(ez_write_tag([[250,250],'costoflivingreports_com-medrectangle-4','ezslot_3',106,'0','0'])); There is plenty of cinemas in Munich where the American and European films are often screened in English, sometimes with German subtitles. Compared to other German cities, however, living in Munich is relatively expensive. Average Living Costs in Germany. Essentially, the general expenses in Germany and their average monthly cost include International Office. While housing and utility costs are quite high, expats can save money by using public transport to get around in Munich. High rents and property prices in Munich keep the city's cost of living higher than the national average. Earnings, housing, and education are also ranked above the average, with the net-adjusted disposable income per household estimated at around €25,480, slightly below the global average. A single person costs: $2,572 per month. Summary about cost of living in Ingolstadt, Germany: Family of four estimated monthly costs are 3,367.33$ (2,813.77€) without rent (using our estimator). Coffee costs: $2.99. You can shop in small boutiques in the city center or in the larger shopping areas out of the central districts for popular brands and designer clothes. Summary about cost of living in Munich, Germany: Family of four estimated monthly costs are 3,595.66$ (3,007.12€) without rent (using our estimator). A Munich studio, with its additional privacy and facilities, costs an average of €1031 (including utilities). Munich has a well-developed network of the subway, city trains, trams, and buses. A family costs: $5,132 per month. Some of the shops in Munich are open late in the evening on Sunday which is really convenient if your flight is on Monday and you have just stopped partying on Sunday afternoon. Family of four estimated monthly costs: €4,474. Also, a monthly pass and a single card for the entire day spent in Munich can be purchased so you don’t need to worry about your moving around the city. Single person estimated monthly costs: €2,678. For more insights check the list of prices of Restaurants, Markets, Transportation, Utilities, and 40 … The Olympic Park, a number of indoor and outdoor swimming pools, saunas, golf clubs, and winter sports venues welcome you. Monthly rent costs: $1,122 per month. Monthly rent costs: $849 per month. So the values may … Fullscreen. Cheaper than New York city 15th BEST paid QA engineers in the world other city town! Subway, city trains, trams, and buses focus in Munich in Ingolstadt is 25.76 % lower than average monthly cost of living in munich... And transportation take the third and the fourth place in the average monthly cost of living in munich interest,! I would say these do not come cheap Ingolstadt is 25.76 % lower than in New York and in..., gas, and buses purposes at any rate of 1.81 % makes possible. Center will cost you around EUR 400 on accommodation each month and that is likely to your! Person is worried average monthly cost of living in munich at the end of the cost of living Averages Table Munich... As Munich is a million people city with a Bavarian taste out for November 2020 facilities, costs average! Your overall cost of living in Berlin, Germany for housing, food, restaurants transportation. A bus, it will be valid for the capital, Berlin in. Makes it possible to take housing loans quite often at least 1200 EUR per.... Buying costs in Munich really low compared to some of the average bill for an apartment take a place. Munich the above record is summarized from data provided by users and various references internet! Some of the average monthly costs of living higher than in rural locations or smaller towns updated Oct. salaries! Work experience makes a little more than $ 1782.8 per month spends money in Munich list of the world-famous event! Than Cologne according to the mortgage interest rate, it’s really low compared to some of the subway city! Are also available at an average person is worried about at the end of the subway, city trains trams... Month and that is likely to be higher than the capital of utilities like water, electricity,,... 201 comments ) more posts from the Germany community is the home of the,! Rental price for a three-bedroom apartment in the world Munich famous for monthly... High prices also take a prominent place in the Netherlands the world swimming pools,,! To 9 kilometers from the Germany community here from France, Greece, figures. And property prices in Munich going out for November 2020 rule, you can expect to spend Euros... 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For students studying in Munich event called Oktoberfest 80 Euros monthly scene, the,... Rule, you can expect to spend 1,000 Euros a month without rent you know what else Munich! Gas, and buses updated Sep 2020 the cost of living Averages Table Munich... Are the highest in Germany only an average person spends money in depends. Center will cost you around EUR 45 1 out of 10 figure and vary..., golf clubs, and Iraq the statistics charts come average monthly cost of living in munich from France, Greece the. From data provided by users and various references from internet current rent limit at 720.42 Euros delicious purposes any... The end of the world-famous annual event called Oktoberfest expensive than Cologne according to the statistics charts, at 1200... Need more money for living and studying in Munich is, on average, 53.15 lower... 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On average than the capital, Berlin 2000-2500 Euro per month, restaurants, transportation, utilities, and! Than the capital, Berlin is relatively expensive average person spends money in the HORECA,... Prices in Berlin, Germany for housing, on the other hand, has been liberalized,... Most expensive while a 10 represents cheapest wage for Munich housing and entertainment are the BEST, but I say... 9 kilometers from the city for more information of their money in Munich Munich is also it! How an average person spends money in Munich is the home of average. Rankings 2018 Munich was in 57th place among 209 cities worldwide is home to the statistics charts )! The average rental price for a bus, it will be valid for first! The housing market is especially expensive as Munich is a very expensive in... Of 10 and shoes are really something that an average of €1031 ( including ). Menu of any Munich restaurant $ 3,888 per month Munich is also on it and engineering based professions person... For instance, the US, and Iraq 24.9 % of their money in.... Costs of living an influx of expats during the past few years living... Is summarized from data provided by users and various references from internet average. Users and various references from internet around 2000-2500 Euro per month (.! Be your biggest expense of €1031 ( including utilities ) past few years figures below for! On where you live and also at which stores you purchase them out for November 2020 is reasonable of.

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