Cost of Living Comparison Between Munich and Toronto 

Indices DifferenceInfo
Cost of Living in Toronto is 0.3% lower than in Munich (without rent)
Cost of Living Including Rent in Toronto is 6.0% higher than in Munich
Rent Prices in Toronto are 17.9% higher than in Munich
Restaurant Prices in Toronto are 4.6% higher than in Munich
Groceries Prices in Toronto are 14.1% higher than in Munich
Local Purchasing Power in Toronto is 6.6% lower than in Munich
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Munich Edit Toronto Edit Difference
Meal, Inexpensive Restaurant 15.00 €
(22.27 C$)
16.84 €
(25.00 C$)
     +12.3 %
Meal for 2 People, Mid-range Restaurant, Three-course 77.50 €
(115.05 C$)
80.83 €
(120.00 C$)
     +4.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 11.00 €
(16.33 C$)
10.10 €
(15.00 C$)
     -8.1 %
Domestic Beer (1 pint draught) 4.50 €
(6.68 C$)
5.39 €
(8.00 C$)
     +19.7 %
Imported Beer (12 oz small bottle) 4.60 €
(6.83 C$)
6.74 €
(10.00 C$)
     +46.4 %
Cappuccino (regular) 3.81 €
(5.66 C$)
3.64 €
(5.40 C$)
     -4.6 %
Coke/Pepsi (12 oz small bottle) 3.35 €
(4.98 C$)
2.00 €
(2.96 C$)
     -40.4 %
Water (12 oz small bottle) 2.82 €
(4.19 C$)
1.51 €
(2.24 C$)
     -46.4 %
Markets
Munich Edit Toronto Edit
Milk (regular), (1 gallon) 4.43 €
(6.57 C$)
10.78 €
(16.01 C$)
     +143.5 %
Loaf of Fresh White Bread (1 lb) 2.11 €
(3.13 C$)
2.33 €
(3.47 C$)
     +10.7 %
Rice (white), (1 lb) 1.23 €
(1.82 C$)
1.41 €
(2.10 C$)
     +15.4 %
Eggs (regular) (12) 3.17 €
(4.71 C$)
3.24 €
(4.82 C$)
     +2.2 %
Local Cheese (1 lb) 5.94 €
(8.82 C$)
4.80 €
(7.13 C$)
     -19.1 %
Chicken Fillets (1 lb) 5.83 €
(8.65 C$)
5.25 €
(7.80 C$)
     -9.9 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.49 €
(11.12 C$)
5.87 €
(8.72 C$)
     -21.6 %
Apples (1 lb) 1.25 €
(1.86 C$)
1.60 €
(2.38 C$)
     +28.2 %
Banana (1 lb) 0.74 €
(1.09 C$)
0.63 €
(0.93 C$)
     -15.1 %
Oranges (1 lb) 1.07 €
(1.58 C$)
1.65 €
(2.46 C$)
     +55.1 %
Tomato (1 lb) 1.45 €
(2.16 C$)
1.57 €
(2.32 C$)
     +7.6 %
Potato (1 lb) 0.77 €
(1.15 C$)
1.12 €
(1.66 C$)
     +44.7 %
Onion (1 lb) 0.81 €
(1.21 C$)
1.16 €
(1.72 C$)
     +42.5 %
Lettuce (1 head) 1.82 €
(2.70 C$)
2.12 €
(3.15 C$)
     +16.6 %
Water (1.5 liter bottle) 0.91 €
(1.35 C$)
1.63 €
(2.42 C$)
     +79.9 %
Bottle of Wine (Mid-Range) 5.99 €
(8.89 C$)
12.80 €
(19.00 C$)
     +113.7 %
Domestic Beer (0.5 liter bottle) 0.97 €
(1.44 C$)
2.35 €
(3.49 C$)
     +142.1 %
Imported Beer (12 oz small bottle) 1.64 €
(2.44 C$)
2.51 €
(3.72 C$)
     +52.7 %
Cigarettes 20 Pack (Marlboro) 8.20 €
(12.17 C$)
13.47 €
(20.00 C$)
     +64.3 %
Transportation
Munich Edit Toronto Edit
One-way Ticket (Local Transport) 3.70 €
(5.49 C$)
2.26 €
(3.35 C$)
     -39.0 %
Monthly Pass (Regular Price) 49.00 €
(72.74 C$)
105.08 €
(156.00 C$)
     +114.4 %
Taxi Start (Normal Tariff) 5.50 €
(8.17 C$)
3.37 €
(5.00 C$)
     -38.8 %
Taxi 1 mile (Normal Tariff) 4.02 €
(5.97 C$)
1.90 €
(2.82 C$)
     -52.8 %
Taxi 1hour Waiting (Normal Tariff) 38.00 €
(56.41 C$)
20.88 €
(31.00 C$)
     -45.0 %
Gasoline (1 gallon) 6.90 €
(10.24 C$)
4.12 €
(6.12 C$)
     -40.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 27,180.00 €
(40,350.87 C$)
23,137.87 €
(34,350.00 C$)
     -14.9 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,625.00 €
(41,011.50 C$)
20,742.41 €
(30,793.75 C$)
     -24.9 %
Utilities (Monthly)
Munich Edit Toronto Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 311.83 €
(462.93 C$)
107.55 €
(159.67 C$)
     -65.5 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 23.53 €
(34.94 C$)
43.01 €
(63.86 C$)
     +82.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 38.16 €
(56.65 C$)
48.94 €
(72.65 C$)
     +28.2 %
Sports And Leisure
Munich Edit Toronto Edit
Fitness Club, Monthly Fee for 1 Adult 46.98 €
(69.74 C$)
47.82 €
(71.00 C$)
     +1.8 %
Tennis Court Rent (1 Hour on Weekend) 27.62 €
(41.00 C$)
19.11 €
(28.37 C$)
     -30.8 %
Cinema, International Release, 1 Seat 13.00 €
(19.30 C$)
12.12 €
(18.00 C$)
     -6.7 %
Childcare
Munich Edit Toronto Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 837.41 €
(1,243.20 C$)
1,041.26 €
(1,545.84 C$)
     +24.3 %
International Primary School, Yearly for 1 Child 14,575.00 €
(21,637.74 C$)
16,815.43 €
(24,963.85 C$)
     +15.4 %
Clothing And Shoes
Munich Edit Toronto Edit
1 Pair of Jeans (Levis 501 Or Similar) 88.83 €
(131.87 C$)
55.67 €
(82.64 C$)
     -37.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 35.48 €
(52.67 C$)
33.89 €
(50.31 C$)
     -4.5 %
1 Pair of Nike Running Shoes (Mid-Range) 87.66 €
(130.13 C$)
93.15 €
(138.29 C$)
     +6.3 %
1 Pair of Men Leather Business Shoes 124.90 €
(185.42 C$)
111.43 €
(165.42 C$)
     -10.8 %
Rent Per Month
Munich Edit Toronto Edit
Apartment (1 bedroom) in City Centre 1,502.02 €
(2,229.87 C$)
1,705.77 €
(2,532.35 C$)
     +13.6 %
Apartment (1 bedroom) Outside of Centre 1,189.45 €
(1,765.83 C$)
1,457.33 €
(2,163.52 C$)
     +22.5 %
Apartment (3 bedrooms) in City Centre 2,560.98 €
(3,801.97 C$)
3,014.05 €
(4,474.60 C$)
     +17.7 %
Apartment (3 bedrooms) Outside of Centre 2,074.29 €
(3,079.44 C$)
2,451.40 €
(3,639.30 C$)
     +18.2 %
Buy Apartment Price
Munich Edit Toronto Edit
Price per Square Feet to Buy Apartment in City Centre 1,022.74 €
(1,518.34 C$)
877.75 €
(1,303.09 C$)
     -14.2 %
Price per Square Feet to Buy Apartment Outside of Centre 738.57 €
(1,096.47 C$)
687.00 €
(1,019.91 C$)
     -7.0 %
Salaries And Financing
Munich Edit Toronto Edit
Average Monthly Net Salary (After Tax) 3,233.28 €
(4,800.06 C$)
3,201.51 €
(4,752.90 C$)
     -1.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.83 6.52      +70.3 %
Last update: May 2024May 2024
Contributors in the past 12 months:438785