Cost of Living in Munich, Germany

Oktoberfest is okay, but do you know what else is Munich famous for?

This is one of the most expensive cities in Germany where life is quite costly.

Munich is waiting for you to explore the fascinating landscapes of the Alps is you love nature.

Munich is a million people city with a Bavarian taste.

Munich is not in the mountains but you can still feel the Alpian air surrounding you.

There are large foreign communities in the city, so you can definitely meet a Turkish guy or an Italian woman in the mall or in the office.

People come here from France, Greece, the UK, the US, and Iraq.



The Bavarian traditional meals are a separate page in the menu of any Munich restaurant.

Either you are interested in a top-notch Michelin star restaurant, or the best brewery in the city, you are in the right time and place.

On average, the three-course meal in such a restaurant will cost around $200, while the cheap cafes will serve you food for $20 – $60.



The markets are located at a distance from 200 meters to 9 kilometers from the city center.

The market in the central square of the city is the oldest one founded by monks and offering a variety of farmer products put on the traditional market stalls.

Prices are higher than in the nearest grocery stores and supermarkets.



Munich has a well-developed network of the subway, city trains, trams, and buses.

Once you have bought a ticket for a bus, it will be valid for the tram and the train too.

This is really convenient and wise.

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.



Monthly bills for electricity, garbage, heating, cooling, water and so on do not differ a lot from those in the cities of Mannheim or Leipzig.

The average bill for an apartment is $249.59 per month.

The Internet is a little bit more expensive than in the rest of the cities in Germany yet still affordable.

Sports and leisure


There is plenty of cinemas in Munich where the American and European films are often screened in English, sometimes with German subtitles.

As for the sports, you can play football, go to one of the dozens of gyms, and fitness clubs to keep you fit.

The Olympic Park, a number of indoor and outdoor swimming pools, saunas, golf clubs, and winter sports venues welcome you.

Clothing and shoes


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.

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.

Rent per month


Munich is a very expensive city in terms of accommodation rentals.

The average sums of money that people pay for the apartment or house in Munich go far beyond the minimum wage or even the average salary.

For instance, the price for a three-bedroom apartment in the city center is $2439.84 per month.

Cost of Living Averages Table for Munich

Average Restaurant Prices
Meal (Inexpensive Restaurant) $13.44
Domestic Beer (0.5 Liter) $4.14
Water (0.33 Liter) $2.54
Average Market Prices
Milk (1 Liter) $0.96
Loaf Bread (500g) $1.53
Eggs (12) $2.30
Average Transport Prices
One Way Ticket $3.25
Monthly Pass $74.21
Gasoline $1.59
Average Utilities Prices
Basic (Water, Electricity, Garbage, Heating, Cooling) $249.59
1 min. of Prepaid Mobile Tariff Local $0.11
Internet (Unlimited Data, Cable/ADSL) $35.45
Average Leisure Prices
Fitness Club, Monthly Fee for 1 Adult $34.19
Tennis Court Rent (1 Hour) $22.93
Cinema, 1 Seat, International Release $12.32
Average Clothing Prices
1 Pair of Jeans (Levis 501 Or Comparable) $82.01
1 Summer Dress in a Chain Store (Zara, etc...) $36.71
1 Pair of Adidas Walking Shoes (Mid-Range) $92.97
Average Rent Prices
Apartment (1 bedroom) in City Center $1229.09
Apartment (1 bedroom) Outside of Center $918.44
Apartment (3 bedrooms) in City Center $2439.84

How Does the Average Person Spend Their Money in Munich?

The latest news with the rental prices make changes to the statistics of how an average person spends money in Munich.

Of course, the largest part of the income goes to the monthly rent.

As much as 35.4% is spent on rent, to be precise.

The markets with high prices also take a prominent place in the statistics charts.

People tend to leave 24.9% of their money in the markets but this is for healthy and delicious purposes at any rate.

Restaurants and transportation take the third and the fourth place in the table.

Clothing and shoes are really something that an average person is worried about at the end of the line.

Utilities (Monthly)
Sports & Leisure
Clothing & Shoes
Rent Per Month

Munich: Average Salary, Minimum Wage & Mortgages

The national minimum wage for Munich is the same as it is for every other city and town in Germany.

The worker in the HORECA field, a young worker without an extensive work experience makes a little more than $1782.8 per month.

Still, the salaries are not that obvious, so all the figures that we give here are quite rough and often based on the anonymous polls.

As to the mortgage interest rate, it’s really low compared to some of the European countries.

The annual fixed percentage of 1.81% makes it possible to take housing loans quite often.

Considering the fact that Munich is a very populated city which has recently experienced a real baby boom, the mortgage can be a good opportunity to obtain a habitation fast.

Average Salary$2741.10
Minimum Wage$1782.8
Mortgage Interest Rate1.81%

Cost of Living by City in Germany

*Click the name of the city for more information.

City Cost of Living Index
Aachen 67.33
Berlin 67.75
Bonn 69.14
Bremen 68.93
Cologne 67.36
Dresden 65.92
Dusseldorf 73
Frankfurt 71.64
Hamburg 72.15
Hanover 64.57
Heidelberg 70.82
Karlsruhe 69.26
Leipzig 66.04
Mannheim 68.35
Munich 73.79
Nuremberg 66.44
Stuttgart 67.46

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