Cost of Living Comparison Between Madrid and Munich 

Indices DifferenceInfo
Consumer Prices in Munich are 26.7% higher than in Madrid (without rent)
Consumer Prices Including Rent in Munich are 25.5% higher than in Madrid
Rent Prices in Munich are 23.3% higher than in Madrid
Restaurant Prices in Munich are 21.5% higher than in Madrid
Groceries Prices in Munich are 22.2% higher than in Madrid
Local Purchasing Power in Munich is 15.3% higher than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Munich Edit Difference
Meal, Inexpensive Restaurant 14.00 € 15.00 €      +7.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 € 77.50 €      +29.2 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.53 € 11.00 €      +15.5 %
Domestic Beer (1 pint draught) 3.50 € 4.50 €      +28.6 %
Imported Beer (12 oz small bottle) 4.00 € 4.60 €      +15.0 %
Cappuccino (regular) 2.42 € 3.81 €      +57.3 %
Coke/Pepsi (12 oz small bottle) 2.50 € 3.35 €      +34.2 %
Water (12 oz small bottle) 1.66 € 2.82 €      +69.5 %
Markets
Madrid Edit Munich Edit
Milk (regular), (1 gallon) 4.02 € 4.40 €      +9.4 %
Loaf of Fresh White Bread (1 lb) 1.43 € 2.13 €      +48.3 %
Rice (white), (1 lb) 0.68 € 1.22 €      +80.4 %
Eggs (regular) (12) 2.79 € 3.18 €      +13.9 %
Local Cheese (1 lb) 6.32 € 5.91 €      -6.4 %
Chicken Fillets (1 lb) 3.55 € 5.81 €      +63.8 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.45 € 7.39 €      +14.5 %
Apples (1 lb) 1.04 € 1.25 €      +19.8 %
Banana (1 lb) 0.81 € 0.72 €      -12.1 %
Oranges (1 lb) 0.87 € 1.07 €      +24.0 %
Tomato (1 lb) 1.04 € 1.47 €      +41.8 %
Potato (1 lb) 0.66 € 0.76 €      +15.1 %
Onion (1 lb) 0.69 € 0.79 €      +15.3 %
Lettuce (1 head) 1.21 € 1.84 €      +52.0 %
Water (1.5 liter bottle) 0.89 € 0.90 €      +1.3 %
Bottle of Wine (Mid-Range) 6.00 € 5.99 €      -0.2 %
Domestic Beer (0.5 liter bottle) 1.22 € 0.96 €      -21.4 %
Imported Beer (12 oz small bottle) 1.83 € 1.65 €      -9.8 %
Cigarettes 20 Pack (Marlboro) 5.65 € 8.20 €      +45.1 %
Transportation
Madrid Edit Munich Edit
One-way Ticket (Local Transport) 1.50 € 3.70 €      +146.7 %
Monthly Pass (Regular Price) 50.00 € 49.00 €      -2.0 %
Taxi Start (Normal Tariff) 3.12 € 5.50 €      +76.0 %
Taxi 1 mile (Normal Tariff) 2.09 € 3.70 €      +76.9 %
Taxi 1hour Waiting (Normal Tariff) 22.25 € 36.00 €      +61.8 %
Gasoline (1 gallon) 6.26 € 6.93 €      +10.6 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 € 27,180.00 €      -18.5 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,619.74 € 27,625.00 €      +0.0 %
Utilities (Monthly)
Madrid Edit Munich Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 148.90 € 304.75 €      +104.7 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 15.53 € 23.41 €      +50.7 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 31.06 € 38.08 €      +22.6 %
Sports And Leisure
Madrid Edit Munich Edit
Fitness Club, Monthly Fee for 1 Adult 44.39 € 46.66 €      +5.1 %
Tennis Court Rent (1 Hour on Weekend) 12.61 € 27.07 €      +114.7 %
Cinema, International Release, 1 Seat 10.00 € 13.00 €      +30.0 %
Childcare
Madrid Edit Munich Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 496.73 € 837.41 €      +68.6 %
International Primary School, Yearly for 1 Child 8,814.29 € 14,575.00 €      +65.4 %
Clothing And Shoes
Madrid Edit Munich Edit
1 Pair of Jeans (Levis 501 Or Similar) 78.56 € 88.83 €      +13.1 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 31.81 € 35.25 €      +10.8 %
1 Pair of Nike Running Shoes (Mid-Range) 81.08 € 87.66 €      +8.1 %
1 Pair of Men Leather Business Shoes 92.28 € 123.65 €      +34.0 %
Rent Per Month
Madrid Edit Munich Edit
Apartment (1 bedroom) in City Centre 1,265.69 € 1,502.07 €      +18.7 %
Apartment (1 bedroom) Outside of Centre 911.70 € 1,185.74 €      +30.1 %
Apartment (3 bedrooms) in City Centre 2,173.53 € 2,547.62 €      +17.2 %
Apartment (3 bedrooms) Outside of Centre 1,575.56 € 2,074.29 €      +31.7 %
Buy Apartment Price
Madrid Edit Munich Edit
Price per Square Feet to Buy Apartment in City Centre 432.40 € 1,004.12 €      +132.2 %
Price per Square Feet to Buy Apartment Outside of Centre 250.65 € 728.73 €      +190.7 %
Salaries And Financing
Madrid Edit Munich Edit
Average Monthly Net Salary (After Tax) 2,327.52 € 3,369.35 €      +44.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.76 3.72      +34.8 %
Last update: May 2024May 2024
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