Cost of Living Comparison Between Helsinki and Munich 

Indices DifferenceInfo
Consumer Prices in Munich are 3.8% lower than in Helsinki (without rent)
Consumer Prices Including Rent in Munich are 9.1% higher than in Helsinki
Rent Prices in Munich are 45.5% higher than in Helsinki
Restaurant Prices in Munich are 13.8% lower than in Helsinki
Groceries Prices in Munich are 8.7% lower than in Helsinki
Local Purchasing Power in Munich is 14.2% higher than in Helsinki
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Helsinki Edit Munich Edit Difference
Meal, Inexpensive Restaurant 15.00 € 15.00 €      0.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 90.00 € 70.00 €      -22.2 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 € 10.00 €      0.0 %
Domestic Beer (1 pint draught) 8.00 € 4.50 €      -43.8 %
Imported Beer (12 oz small bottle) 8.00 € 4.50 €      -43.8 %
Cappuccino (regular) 4.49 € 3.72 €      -17.0 %
Coke/Pepsi (12 oz small bottle) 2.63 € 3.08 €      +17.1 %
Water (12 oz small bottle) 1.83 € 2.62 €      +42.8 %
Markets
Helsinki Edit Munich Edit
Milk (regular), (1 gallon) 4.32 € 4.34 €      +0.6 %
Loaf of Fresh White Bread (1 lb) 2.60 € 2.07 €      -20.3 %
Rice (white), (1 lb) 1.16 € 1.18 €      +2.4 %
Eggs (regular) (12) 2.91 € 3.10 €      +6.3 %
Local Cheese (1 lb) 3.54 € 5.71 €      +61.2 %
Chicken Fillets (1 lb) 5.15 € 5.68 €      +10.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.49 € 7.31 €      -23.0 %
Apples (1 lb) 1.02 € 1.22 €      +19.6 %
Banana (1 lb) 0.78 € 0.69 €      -12.1 %
Oranges (1 lb) 0.99 € 1.03 €      +4.8 %
Tomato (1 lb) 1.80 € 1.39 €      -22.7 %
Potato (1 lb) 0.56 € 0.74 €      +32.5 %
Onion (1 lb) 0.80 € 0.76 €      -4.9 %
Lettuce (1 head) 1.92 € 1.80 €      -6.4 %
Water (1.5 liter bottle) 1.75 € 0.82 €      -53.1 %
Bottle of Wine (Mid-Range) 14.45 € 5.99 €      -58.5 %
Domestic Beer (0.5 liter bottle) 2.65 € 0.95 €      -64.0 %
Imported Beer (12 oz small bottle) 3.12 € 1.55 €      -50.4 %
Cigarettes 20 Pack (Marlboro) 10.30 € 8.20 €      -20.4 %
Transportation
Helsinki Edit Munich Edit
One-way Ticket (Local Transport) 3.05 € 3.70 €      +21.3 %
Monthly Pass (Regular Price) 67.00 € 49.00 €      -26.9 %
Taxi Start (Normal Tariff) 6.60 € 5.50 €      -16.7 %
Taxi 1 mile (Normal Tariff) 1.93 € 3.70 €      +91.7 %
Taxi 1hour Waiting (Normal Tariff) 56.40 € 36.00 €      -36.2 %
Gasoline (1 gallon) 7.23 € 6.93 €      -4.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 32,000.00 € 27,180.00 €      -15.1 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 34,060.53 € 26,000.00 €      -23.7 %
Utilities (Monthly)
Helsinki Edit Munich Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 106.27 € 276.66 €      +160.3 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 24.04 € 20.06 €      -16.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 19.19 € 37.46 €      +95.1 %
Sports And Leisure
Helsinki Edit Munich Edit
Fitness Club, Monthly Fee for 1 Adult 41.52 € 44.07 €      +6.1 %
Tennis Court Rent (1 Hour on Weekend) 26.18 € 26.88 €      +2.7 %
Cinema, International Release, 1 Seat 17.00 € 13.00 €      -23.5 %
Childcare
Helsinki Edit Munich Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 306.42 € 837.65 €      +173.4 %
International Primary School, Yearly for 1 Child 8,742.80 € 14,225.00 €      +62.7 %
Clothing And Shoes
Helsinki Edit Munich Edit
1 Pair of Jeans (Levis 501 Or Similar) 79.63 € 81.72 €      +2.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 29.41 € 31.60 €      +7.4 %
1 Pair of Nike Running Shoes (Mid-Range) 71.66 € 83.64 €      +16.7 %
1 Pair of Men Leather Business Shoes 92.75 € 105.12 €      +13.3 %
Rent Per Month
Helsinki Edit Munich Edit
Apartment (1 bedroom) in City Centre 995.12 € 1,436.55 €      +44.4 %
Apartment (1 bedroom) Outside of Centre 792.97 € 1,142.67 €      +44.1 %
Apartment (3 bedrooms) in City Centre 1,767.50 € 2,468.60 €      +39.7 %
Apartment (3 bedrooms) Outside of Centre 1,284.80 € 1,992.76 €      +55.1 %
Buy Apartment Price
Helsinki Edit Munich Edit
Price per Square Feet to Buy Apartment in City Centre 686.10 € 940.82 €      +37.1 %
Price per Square Feet to Buy Apartment Outside of Centre 399.60 € 691.00 €      +72.9 %
Salaries And Financing
Helsinki Edit Munich Edit
Average Monthly Net Salary (After Tax) 2,817.46 € 3,510.65 €      +24.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.58 3.42      -4.7 %
Last update: April 2024April 2024
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