Cost of Living Comparison Between Helsinki and Munich 

Indices DifferenceInfo
Consumer Prices in Munich are 4.2% lower than in Helsinki (without rent)
Consumer Prices Including Rent in Munich are 8.8% higher than in Helsinki
Rent Prices in Munich are 45.8% higher than in Helsinki
Restaurant Prices in Munich are 13.8% lower than in Helsinki
Groceries Prices in Munich are 9.1% lower than in Helsinki
Local Purchasing Power in Munich is 15.4% higher than in Helsinki
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Helsinki Edit Munich Edit Difference
Meal, Inexpensive Restaurant 15.00 € 15.00 €      0.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 90.00 € 70.00 €      -22.2 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 € 10.00 €      0.0 %
Domestic Beer (1 pint draught) 8.00 € 4.50 €      -43.8 %
Imported Beer (12 oz small bottle) 8.00 € 4.50 €      -43.8 %
Cappuccino (regular) 4.49 € 3.72 €      -17.0 %
Coke/Pepsi (12 oz small bottle) 2.65 € 3.08 €      +16.4 %
Water (12 oz small bottle) 1.82 € 2.62 €      +43.6 %
Markets
Helsinki Edit Munich Edit
Milk (regular), (1 gallon) 4.35 € 4.34 €      -0.1 %
Loaf of Fresh White Bread (1 lb) 2.57 € 2.07 €      -19.5 %
Rice (white), (1 lb) 1.16 € 1.18 €      +2.2 %
Eggs (regular) (12) 2.92 € 3.10 €      +5.9 %
Local Cheese (1 lb) 3.57 € 5.71 €      +59.9 %
Chicken Fillets (1 lb) 5.20 € 5.68 €      +9.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.58 € 7.31 €      -23.7 %
Apples (1 lb) 1.03 € 1.22 €      +18.7 %
Banana (1 lb) 0.79 € 0.69 €      -12.8 %
Oranges (1 lb) 0.98 € 1.03 €      +6.0 %
Tomato (1 lb) 1.80 € 1.39 €      -22.9 %
Potato (1 lb) 0.55 € 0.74 €      +34.4 %
Onion (1 lb) 0.82 € 0.76 €      -7.2 %
Lettuce (1 head) 1.92 € 1.80 €      -6.5 %
Water (1.5 liter bottle) 1.76 € 0.82 €      -53.3 %
Bottle of Wine (Mid-Range) 14.90 € 5.99 €      -59.8 %
Domestic Beer (0.5 liter bottle) 2.68 € 0.95 €      -64.4 %
Imported Beer (12 oz small bottle) 3.11 € 1.55 €      -50.3 %
Cigarettes 20 Pack (Marlboro) 10.20 € 8.20 €      -19.6 %
Transportation
Helsinki Edit Munich Edit
One-way Ticket (Local Transport) 3.05 € 3.70 €      +21.3 %
Monthly Pass (Regular Price) 67.00 € 49.00 €      -26.9 %
Taxi Start (Normal Tariff) 6.75 € 5.50 €      -18.5 %
Taxi 1 mile (Normal Tariff) 1.97 € 3.70 €      +87.8 %
Taxi 1hour Waiting (Normal Tariff) 56.40 € 36.00 €      -36.2 %
Gasoline (1 gallon) 7.23 € 6.93 €      -4.1 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 32,245.00 € 27,180.00 €      -15.7 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 33,916.11 € 26,000.00 €      -23.3 %
Utilities (Monthly)
Helsinki Edit Munich Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 106.27 € 276.66 €      +160.3 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 24.26 € 20.06 €      -17.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 19.02 € 37.46 €      +96.9 %
Sports And Leisure
Helsinki Edit Munich Edit
Fitness Club, Monthly Fee for 1 Adult 42.56 € 43.98 €      +3.3 %
Tennis Court Rent (1 Hour on Weekend) 27.22 € 26.88 €      -1.2 %
Cinema, International Release, 1 Seat 17.00 € 13.00 €      -23.5 %
Childcare
Helsinki Edit Munich Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 309.77 € 837.65 €      +170.4 %
International Primary School, Yearly for 1 Child 8,742.80 € 14,225.00 €      +62.7 %
Clothing And Shoes
Helsinki Edit Munich Edit
1 Pair of Jeans (Levis 501 Or Similar) 80.53 € 81.72 €      +1.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 30.07 € 31.60 €      +5.1 %
1 Pair of Nike Running Shoes (Mid-Range) 71.04 € 83.64 €      +17.7 %
1 Pair of Men Leather Business Shoes 94.09 € 105.12 €      +11.7 %
Rent Per Month
Helsinki Edit Munich Edit
Apartment (1 bedroom) in City Centre 990.85 € 1,436.55 €      +45.0 %
Apartment (1 bedroom) Outside of Centre 789.97 € 1,142.67 €      +44.6 %
Apartment (3 bedrooms) in City Centre 1,756.20 € 2,468.60 €      +40.6 %
Apartment (3 bedrooms) Outside of Centre 1,291.15 € 1,992.76 €      +54.3 %
Buy Apartment Price
Helsinki Edit Munich Edit
Price per Square Feet to Buy Apartment in City Centre 688.38 € 940.82 €      +36.7 %
Price per Square Feet to Buy Apartment Outside of Centre 402.79 € 691.00 €      +71.6 %
Salaries And Financing
Helsinki Edit Munich Edit
Average Monthly Net Salary (After Tax) 2,796.63 € 3,510.65 €      +25.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.60 3.42      -5.1 %
Last update: April 2024April 2024
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