Cost of Living Comparison Between Miami, FL and Munich 

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Indices DifferenceInfo
Cost of Living in Munich is 12.3% lower than in Miami, FL (without rent)
Cost of Living Including Rent in Munich is 26.2% lower than in Miami, FL
Rent Prices in Munich are 43.1% lower than in Miami, FL
Restaurant Prices in Munich are 23.0% lower than in Miami, FL
Groceries Prices in Munich are 19.5% lower than in Miami, FL
Local Purchasing Power in Munich is 6.2% higher than in Miami, FL
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Miami, FL Edit Munich Edit Difference
Meal, Inexpensive Restaurant 25.00 $
(23.03 €)
16.29 $
(15.00 €)
     -34.9 %
Meal for 2 People, Mid-range Restaurant, Three-course 100.00 $
(92.10 €)
81.43 $
(75.00 €)
     -18.6 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $
(11.05 €)
11.94 $
(11.00 €)
     -0.5 %
Domestic Beer (1 pint draught) 7.00 $
(6.45 €)
4.89 $
(4.50 €)
     -30.2 %
Imported Beer (12 oz small bottle) 8.00 $
(7.37 €)
5.10 $
(4.70 €)
     -36.2 %
Cappuccino (regular) 4.91 $
(4.52 €)
4.12 $
(3.79 €)
     -16.1 %
Coke/Pepsi (12 oz small bottle) 2.79 $
(2.57 €)
3.79 $
(3.49 €)
     +35.6 %
Water (12 oz small bottle) 2.22 $
(2.05 €)
3.16 $
(2.91 €)
     +42.2 %
Markets
Miami, FL Edit Munich Edit
Milk (regular), (1 gallon) 4.33 $
(3.98 €)
4.74 $
(4.37 €)
     +9.6 %
Loaf of Fresh White Bread (1 lb) 3.31 $
(3.05 €)
2.21 $
(2.04 €)
     -33.2 %
Rice (white), (1 lb) 2.11 $
(1.94 €)
1.33 $
(1.22 €)
     -37.0 %
Eggs (regular) (12) 4.09 $
(3.76 €)
3.51 $
(3.23 €)
     -14.2 %
Local Cheese (1 lb) 6.54 $
(6.02 €)
6.49 $
(5.97 €)
     -0.8 %
Chicken Fillets (1 lb) 5.53 $
(5.10 €)
6.33 $
(5.83 €)
     +14.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.28 $
(6.71 €)
8.19 $
(7.54 €)
     +12.5 %
Apples (1 lb) 2.94 $
(2.71 €)
1.35 $
(1.24 €)
     -54.1 %
Banana (1 lb) 0.82 $
(0.76 €)
0.80 $
(0.74 €)
     -2.8 %
Oranges (1 lb) 2.07 $
(1.91 €)
1.13 $
(1.04 €)
     -45.6 %
Tomato (1 lb) 2.11 $
(1.94 €)
1.61 $
(1.48 €)
     -23.9 %
Potato (1 lb) 1.14 $
(1.05 €)
0.81 $
(0.74 €)
     -28.9 %
Onion (1 lb) 1.55 $
(1.43 €)
0.88 $
(0.81 €)
     -43.2 %
Lettuce (1 head) 2.92 $
(2.69 €)
1.99 $
(1.83 €)
     -31.8 %
Water (1.5 liter bottle) 2.31 $
(2.13 €)
0.98 $
(0.91 €)
     -57.5 %
Bottle of Wine (Mid-Range) 15.00 $
(13.82 €)
6.50 $
(5.99 €)
     -56.6 %
Domestic Beer (0.5 liter bottle) 2.03 $
(1.87 €)
1.04 $
(0.96 €)
     -49.0 %
Imported Beer (12 oz small bottle) 2.33 $
(2.15 €)
1.70 $
(1.56 €)
     -27.2 %
Cigarettes 20 Pack (Marlboro) 9.45 $
(8.70 €)
8.90 $
(8.20 €)
     -5.8 %
Transportation
Miami, FL Edit Munich Edit
One-way Ticket (Local Transport) 2.25 $
(2.07 €)
4.02 $
(3.70 €)
     +78.5 %
Monthly Pass (Regular Price) 113.75 $
(104.77 €)
53.20 $
(49.00 €)
     -53.2 %
Taxi Start (Normal Tariff) 2.98 $
(2.74 €)
5.97 $
(5.50 €)
     +100.7 %
Taxi 1 mile (Normal Tariff) 2.10 $
(1.93 €)
4.37 $
(4.02 €)
     +108.0 %
Taxi 1hour Waiting (Normal Tariff) 24.00 $
(22.10 €)
41.26 $
(38.00 €)
     +71.9 %
Gasoline (1 gallon) 3.52 $
(3.24 €)
7.49 $
(6.90 €)
     +112.8 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,000.00 $
(32,235.77 €)
29,510.70 $
(27,180.00 €)
     -15.7 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24,844.08 $
(22,881.95 €)
29,993.85 $
(27,625.00 €)
     +20.7 %
Utilities (Monthly)
Miami, FL Edit Munich Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 169.20 $
(155.84 €)
360.80 $
(332.30 €)
     +113.2 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 63.16 $
(58.17 €)
25.32 $
(23.32 €)
     -59.9 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 63.16 $
(58.17 €)
40.91 $
(37.68 €)
     -35.2 %
Sports And Leisure
Miami, FL Edit Munich Edit
Fitness Club, Monthly Fee for 1 Adult 78.86 $
(72.63 €)
50.00 $
(46.05 €)
     -36.6 %
Tennis Court Rent (1 Hour on Weekend) 23.86 $
(21.97 €)
30.67 $
(28.25 €)
     +28.6 %
Cinema, International Release, 1 Seat 15.50 $
(14.28 €)
14.11 $
(13.00 €)
     -8.9 %
Childcare
Miami, FL Edit Munich Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,162.50 $
(1,070.69 €)
917.99 $
(845.49 €)
     -21.0 %
International Primary School, Yearly for 1 Child 28,333.33 $
(26,095.62 €)
15,824.81 $
(14,575.00 €)
     -44.1 %
Clothing And Shoes
Miami, FL Edit Munich Edit
1 Pair of Jeans (Levis 501 Or Similar) 49.80 $
(45.87 €)
98.41 $
(90.64 €)
     +97.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 53.89 $
(49.63 €)
42.91 $
(39.52 €)
     -20.4 %
1 Pair of Nike Running Shoes (Mid-Range) 83.06 $
(76.50 €)
94.59 $
(87.12 €)
     +13.9 %
1 Pair of Men Leather Business Shoes 100.77 $
(92.81 €)
141.03 $
(129.89 €)
     +40.0 %
Rent Per Month
Miami, FL Edit Munich Edit
Apartment (1 bedroom) in City Centre 2,769.58 $
(2,550.85 €)
1,618.03 $
(1,490.24 €)
     -41.6 %
Apartment (1 bedroom) Outside of Centre 2,106.60 $
(1,940.23 €)
1,286.59 $
(1,184.98 €)
     -38.9 %
Apartment (3 bedrooms) in City Centre 5,454.82 $
(5,024.01 €)
2,874.05 $
(2,647.06 €)
     -47.3 %
Apartment (3 bedrooms) Outside of Centre 3,779.15 $
(3,480.68 €)
2,252.16 $
(2,074.29 €)
     -40.4 %
Buy Apartment Price
Miami, FL Edit Munich Edit
Price per Square Feet to Buy Apartment in City Centre 605.52 $
(557.70 €)
1,143.53 $
(1,053.22 €)
     +88.9 %
Price per Square Feet to Buy Apartment Outside of Centre 370.66 $
(341.39 €)
825.29 $
(760.11 €)
     +122.7 %
Salaries And Financing
Miami, FL Edit Munich Edit
Average Monthly Net Salary (After Tax) 4,418.26 $
(4,069.31 €)
3,462.13 $
(3,188.70 €)
     -21.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.61 3.88      -41.2 %
Last update: June 2024May 2024
Contributors in the past 12 months:150410