Cost of Living Comparison Between Toronto and Munich 

Indices DifferenceInfo
Consumer Prices in Munich are 1.3% lower than in Toronto (without rent)
Consumer Prices Including Rent in Munich are 6.9% lower than in Toronto
Rent Prices in Munich are 15.9% lower than in Toronto
Restaurant Prices in Munich are 4.9% lower than in Toronto
Groceries Prices in Munich are 13.7% lower than in Toronto
Local Purchasing Power in Munich is 16.8% higher than in Toronto
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Toronto Edit Munich Edit Difference
Meal, Inexpensive Restaurant 25.00 C$
(16.95 €)
22.13 C$
(15.00 €)
     -11.5 %
Meal for 2 People, Mid-range Restaurant, Three-course 120.00 C$
(81.35 €)
114.32 C$
(77.50 €)
     -4.7 %
McMeal at McDonalds (or Equivalent Combo Meal) 15.00 C$
(10.17 €)
16.23 C$
(11.00 €)
     +8.2 %
Domestic Beer (1 pint draught) 8.00 C$
(5.42 €)
6.64 C$
(4.50 €)
     -17.0 %
Imported Beer (12 oz small bottle) 10.00 C$
(6.78 €)
6.79 C$
(4.60 €)
     -32.1 %
Cappuccino (regular) 5.44 C$
(3.69 €)
5.63 C$
(3.81 €)
     +3.5 %
Coke/Pepsi (12 oz small bottle) 2.96 C$
(2.00 €)
4.95 C$
(3.35 €)
     +67.3 %
Water (12 oz small bottle) 2.22 C$
(1.50 €)
4.16 C$
(2.82 €)
     +87.6 %
Markets
Toronto Edit Munich Edit
Milk (regular), (1 gallon) 15.77 C$
(10.69 €)
6.49 C$
(4.40 €)
     -58.8 %
Loaf of Fresh White Bread (1 lb) 3.46 C$
(2.35 €)
3.14 C$
(2.13 €)
     -9.5 %
Rice (white), (1 lb) 2.11 C$
(1.43 €)
1.80 C$
(1.22 €)
     -14.6 %
Eggs (regular) (12) 4.84 C$
(3.28 €)
4.69 C$
(3.18 €)
     -3.1 %
Local Cheese (1 lb) 7.13 C$
(4.83 €)
8.72 C$
(5.91 €)
     +22.3 %
Chicken Fillets (1 lb) 7.80 C$
(5.29 €)
8.57 C$
(5.81 €)
     +10.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.92 C$
(6.05 €)
10.89 C$
(7.39 €)
     +22.1 %
Apples (1 lb) 2.42 C$
(1.64 €)
1.84 C$
(1.25 €)
     -24.0 %
Banana (1 lb) 0.94 C$
(0.64 €)
1.06 C$
(0.72 €)
     +12.2 %
Oranges (1 lb) 2.50 C$
(1.70 €)
1.58 C$
(1.07 €)
     -36.8 %
Tomato (1 lb) 2.29 C$
(1.55 €)
2.17 C$
(1.47 €)
     -5.2 %
Potato (1 lb) 1.64 C$
(1.11 €)
1.12 C$
(0.76 €)
     -31.8 %
Onion (1 lb) 1.74 C$
(1.18 €)
1.17 C$
(0.79 €)
     -32.8 %
Lettuce (1 head) 3.15 C$
(2.13 €)
2.71 C$
(1.84 €)
     -14.0 %
Water (1.5 liter bottle) 2.49 C$
(1.69 €)
1.33 C$
(0.90 €)
     -46.8 %
Bottle of Wine (Mid-Range) 19.00 C$
(12.88 €)
8.84 C$
(5.99 €)
     -53.5 %
Domestic Beer (0.5 liter bottle) 3.49 C$
(2.36 €)
1.41 C$
(0.96 €)
     -59.4 %
Imported Beer (12 oz small bottle) 3.82 C$
(2.59 €)
2.43 C$
(1.65 €)
     -36.3 %
Cigarettes 20 Pack (Marlboro) 20.00 C$
(13.56 €)
12.10 C$
(8.20 €)
     -39.5 %
Transportation
Toronto Edit Munich Edit
One-way Ticket (Local Transport) 3.35 C$
(2.27 €)
5.46 C$
(3.70 €)
     +62.9 %
Monthly Pass (Regular Price) 156.00 C$
(105.75 €)
72.28 C$
(49.00 €)
     -53.7 %
Taxi Start (Normal Tariff) 5.00 C$
(3.39 €)
8.11 C$
(5.50 €)
     +62.3 %
Taxi 1 mile (Normal Tariff) 2.82 C$
(1.91 €)
5.46 C$
(3.70 €)
     +93.9 %
Taxi 1hour Waiting (Normal Tariff) 31.00 C$
(21.01 €)
53.11 C$
(36.00 €)
     +71.3 %
Gasoline (1 gallon) 6.13 C$
(4.15 €)
10.22 C$
(6.93 €)
     +66.8 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 34,350.00 C$
(23,285.84 €)
40,094.45 C$
(27,180.00 €)
     +16.7 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 31,263.32 C$
(21,193.38 €)
40,750.89 C$
(27,625.00 €)
     +30.3 %
Utilities (Monthly)
Toronto Edit Munich Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 159.92 C$
(108.41 €)
449.56 C$
(304.75 €)
     +181.1 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 64.38 C$
(43.64 €)
34.53 C$
(23.41 €)
     -46.4 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 73.64 C$
(49.92 €)
56.17 C$
(38.08 €)
     -23.7 %
Sports And Leisure
Toronto Edit Munich Edit
Fitness Club, Monthly Fee for 1 Adult 72.29 C$
(49.00 €)
68.83 C$
(46.66 €)
     -4.8 %
Tennis Court Rent (1 Hour on Weekend) 29.11 C$
(19.73 €)
39.93 C$
(27.07 €)
     +37.2 %
Cinema, International Release, 1 Seat 18.00 C$
(12.20 €)
19.18 C$
(13.00 €)
     +6.5 %
Childcare
Toronto Edit Munich Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,563.31 C$
(1,059.77 €)
1,235.30 C$
(837.41 €)
     -21.0 %
International Primary School, Yearly for 1 Child 24,966.43 C$
(16,924.72 €)
21,500.24 C$
(14,575.00 €)
     -13.9 %
Clothing And Shoes
Toronto Edit Munich Edit
1 Pair of Jeans (Levis 501 Or Similar) 84.31 C$
(57.15 €)
131.03 C$
(88.83 €)
     +55.4 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 51.31 C$
(34.79 €)
52.00 C$
(35.25 €)
     +1.3 %
1 Pair of Nike Running Shoes (Mid-Range) 138.55 C$
(93.92 €)
129.30 C$
(87.66 €)
     -6.7 %
1 Pair of Men Leather Business Shoes 166.74 C$
(113.03 €)
182.40 C$
(123.65 €)
     +9.4 %
Rent Per Month
Toronto Edit Munich Edit
Apartment (1 bedroom) in City Centre 2,520.10 C$
(1,708.37 €)
2,215.77 C$
(1,502.07 €)
     -12.1 %
Apartment (1 bedroom) Outside of Centre 2,154.26 C$
(1,460.37 €)
1,749.14 C$
(1,185.74 €)
     -18.8 %
Apartment (3 bedrooms) in City Centre 4,495.16 C$
(3,047.27 €)
3,758.11 C$
(2,547.62 €)
     -16.4 %
Apartment (3 bedrooms) Outside of Centre 3,645.36 C$
(2,471.18 €)
3,059.87 C$
(2,074.29 €)
     -16.1 %
Buy Apartment Price
Toronto Edit Munich Edit
Price per Square Feet to Buy Apartment in City Centre 1,303.09 C$
(883.36 €)
1,481.23 C$
(1,004.12 €)
     +13.7 %
Price per Square Feet to Buy Apartment Outside of Centre 1,019.91 C$
(691.40 €)
1,074.98 C$
(728.73 €)
     +5.4 %
Salaries And Financing
Toronto Edit Munich Edit
Average Monthly Net Salary (After Tax) 4,570.40 C$
(3,098.27 €)
4,970.28 C$
(3,369.35 €)
     +8.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.53 3.72      -43.0 %
Last update: May 2024May 2024
Contributors in the past 12 months:765433