Cost of Living Comparison Between New York, NY and Munich 

Indices DifferenceInfo
Cost of Living in Munich is 31.8% lower than in New York, NY (without rent)
Cost of Living Including Rent in Munich is 46.0% lower than in New York, NY
Rent Prices in Munich are 61.4% lower than in New York, NY
Restaurant Prices in Munich are 36.2% lower than in New York, NY
Groceries Prices in Munich are 37.1% lower than in New York, NY
Local Purchasing Power in Munich is 15.8% higher than in New York, NY
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
New York, NY Edit Munich Edit Difference
Meal, Inexpensive Restaurant 30.00 $
(27.75 €)
16.22 $
(15.00 €)
     -45.9 %
Meal for 2 People, Mid-range Restaurant, Three-course 130.00 $
(120.26 €)
83.78 $
(77.50 €)
     -35.6 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $
(11.10 €)
11.89 $
(11.00 €)
     -0.9 %
Domestic Beer (1 pint draught) 8.00 $
(7.40 €)
4.86 $
(4.50 €)
     -39.2 %
Imported Beer (12 oz small bottle) 10.00 $
(9.25 €)
4.97 $
(4.60 €)
     -50.3 %
Cappuccino (regular) 5.66 $
(5.24 €)
4.12 $
(3.81 €)
     -27.2 %
Coke/Pepsi (12 oz small bottle) 3.07 $
(2.84 €)
3.62 $
(3.35 €)
     +18.0 %
Water (12 oz small bottle) 2.28 $
(2.11 €)
3.05 $
(2.82 €)
     +33.8 %
Markets
New York, NY Edit Munich Edit
Milk (regular), (1 gallon) 5.64 $
(5.22 €)
4.79 $
(4.43 €)
     -15.2 %
Loaf of Fresh White Bread (1 lb) 4.35 $
(4.03 €)
2.28 $
(2.11 €)
     -47.7 %
Rice (white), (1 lb) 3.33 $
(3.08 €)
1.32 $
(1.23 €)
     -60.2 %
Eggs (regular) (12) 5.25 $
(4.86 €)
3.43 $
(3.17 €)
     -34.6 %
Local Cheese (1 lb) 7.46 $
(6.90 €)
6.42 $
(5.94 €)
     -13.9 %
Chicken Fillets (1 lb) 6.81 $
(6.30 €)
6.30 $
(5.83 €)
     -7.5 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.69 $
(8.04 €)
8.10 $
(7.49 €)
     -6.8 %
Apples (1 lb) 3.14 $
(2.90 €)
1.35 $
(1.25 €)
     -56.9 %
Banana (1 lb) 0.96 $
(0.89 €)
0.80 $
(0.74 €)
     -17.2 %
Oranges (1 lb) 2.59 $
(2.40 €)
1.15 $
(1.07 €)
     -55.5 %
Tomato (1 lb) 2.93 $
(2.71 €)
1.57 $
(1.45 €)
     -46.3 %
Potato (1 lb) 1.81 $
(1.67 €)
0.83 $
(0.77 €)
     -53.8 %
Onion (1 lb) 1.69 $
(1.56 €)
0.88 $
(0.81 €)
     -48.0 %
Lettuce (1 head) 2.95 $
(2.73 €)
1.97 $
(1.82 €)
     -33.3 %
Water (1.5 liter bottle) 2.47 $
(2.29 €)
0.98 $
(0.91 €)
     -60.4 %
Bottle of Wine (Mid-Range) 20.00 $
(18.50 €)
6.48 $
(5.99 €)
     -67.6 %
Domestic Beer (0.5 liter bottle) 2.57 $
(2.38 €)
1.05 $
(0.97 €)
     -59.2 %
Imported Beer (12 oz small bottle) 3.81 $
(3.52 €)
1.78 $
(1.64 €)
     -53.3 %
Cigarettes 20 Pack (Marlboro) 17.00 $
(15.73 €)
8.86 $
(8.20 €)
     -47.9 %
Transportation
New York, NY Edit Munich Edit
One-way Ticket (Local Transport) 2.90 $
(2.68 €)
4.00 $
(3.70 €)
     +37.9 %
Monthly Pass (Regular Price) 132.00 $
(122.11 €)
52.97 $
(49.00 €)
     -59.9 %
Taxi Start (Normal Tariff) 5.00 $
(4.63 €)
5.95 $
(5.50 €)
     +18.9 %
Taxi 1 mile (Normal Tariff) 3.50 $
(3.24 €)
4.35 $
(4.02 €)
     +24.3 %
Taxi 1hour Waiting (Normal Tariff) 34.00 $
(31.45 €)
41.08 $
(38.00 €)
     +20.8 %
Gasoline (1 gallon) 3.86 $
(3.57 €)
7.46 $
(6.90 €)
     +93.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 31,500.00 $
(29,139.14 €)
29,382.13 $
(27,180.00 €)
     -6.7 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,469.93 $
(25,411.11 €)
29,863.19 $
(27,625.00 €)
     +8.7 %
Utilities (Monthly)
New York, NY Edit Munich Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 176.78 $
(163.53 €)
337.09 $
(311.83 €)
     +90.7 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 66.45 $
(61.47 €)
25.44 $
(23.53 €)
     -61.7 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 70.88 $
(65.57 €)
41.25 $
(38.16 €)
     -41.8 %
Sports And Leisure
New York, NY Edit Munich Edit
Fitness Club, Monthly Fee for 1 Adult 140.00 $
(129.51 €)
50.78 $
(46.98 €)
     -63.7 %
Tennis Court Rent (1 Hour on Weekend) 77.86 $
(72.02 €)
29.85 $
(27.62 €)
     -61.7 %
Cinema, International Release, 1 Seat 20.00 $
(18.50 €)
14.05 $
(13.00 €)
     -29.7 %
Childcare
New York, NY Edit Munich Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 3,096.67 $
(2,864.58 €)
905.25 $
(837.41 €)
     -70.8 %
International Primary School, Yearly for 1 Child 57,600.00 $
(53,283.00 €)
15,755.87 $
(14,575.00 €)
     -72.6 %
Clothing And Shoes
New York, NY Edit Munich Edit
1 Pair of Jeans (Levis 501 Or Similar) 71.83 $
(66.45 €)
96.02 $
(88.83 €)
     +33.7 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 48.24 $
(44.62 €)
38.35 $
(35.48 €)
     -20.5 %
1 Pair of Nike Running Shoes (Mid-Range) 98.90 $
(91.49 €)
94.76 $
(87.66 €)
     -4.2 %
1 Pair of Men Leather Business Shoes 165.41 $
(153.01 €)
135.02 $
(124.90 €)
     -18.4 %
Rent Per Month
New York, NY Edit Munich Edit
Apartment (1 bedroom) in City Centre 4,328.21 $
(4,003.81 €)
1,601.56 $
(1,481.52 €)
     -63.0 %
Apartment (1 bedroom) Outside of Centre 2,861.97 $
(2,647.47 €)
1,263.87 $
(1,169.15 €)
     -55.8 %
Apartment (3 bedrooms) in City Centre 8,565.00 $
(7,923.07 €)
2,754.03 $
(2,547.62 €)
     -67.8 %
Apartment (3 bedrooms) Outside of Centre 4,551.11 $
(4,210.01 €)
2,228.10 $
(2,061.11 €)
     -51.0 %
Buy Apartment Price
New York, NY Edit Munich Edit
Price per Square Feet to Buy Apartment in City Centre 1,569.57 $
(1,451.93 €)
1,086.22 $
(1,004.81 €)
     -30.8 %
Price per Square Feet to Buy Apartment Outside of Centre 1,142.75 $
(1,057.10 €)
788.37 $
(729.28 €)
     -31.0 %
Salaries And Financing
New York, NY Edit Munich Edit
Average Monthly Net Salary (After Tax) 5,723.89 $
(5,294.90 €)
3,575.00 $
(3,307.06 €)
     -37.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.72 3.72      -44.6 %
Last update: May 2024May 2024
Contributors in the past 12 months:499440