Cost of Living Comparison Between Helsinki and Munich 

Indices DifferenceInfo
Consumer Prices in Munich are 6.8% higher than in Helsinki (without rent)
Consumer Prices Including Rent in Munich are 15.7% higher than in Helsinki
Rent Prices in Munich are 38.0% higher than in Helsinki
Restaurant Prices in Munich are 7.6% lower than in Helsinki
Groceries Prices in Munich are 5.4% higher than in Helsinki
Local Purchasing Power in Munich is 4.5% lower than in Helsinki
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Helsinki Edit Munich Edit Difference
Meal, Inexpensive Restaurant 13.60 € 15.50 €      +14.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 80.00 € 65.00 €      -18.8 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.45 € 9.29 €      -1.7 %
Domestic Beer (1 pint draught) 7.75 € 4.50 €      -41.9 %
Imported Beer (12 oz small bottle) 8.00 € 4.35 €      -45.6 %
Cappuccino (regular) 4.20 € 3.61 €      -14.1 %
Coke/Pepsi (12 oz small bottle) 2.50 € 3.21 €      +28.3 %
Water (12 oz small bottle) 1.68 € 2.96 €      +76.4 %
Markets
Helsinki Edit Munich Edit
Milk (regular), (1 gallon) 3.88 € 5.01 €      +29.2 %
Loaf of Fresh White Bread (1 lb) 2.06 € 1.82 €      -11.6 %
Rice (white), (1 lb) 1.00 € 1.09 €      +8.6 %
Eggs (regular) (12) 2.67 € 3.35 €      +25.5 %
Local Cheese (1 lb) 3.34 € 6.86 €      +105.4 %
Chicken Fillets (1 lb) 4.73 € 4.84 €      +2.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.36 € 8.45 €      +1.1 %
Apples (1 lb) 1.00 € 1.29 €      +28.6 %
Banana (1 lb) 0.74 € 0.84 €      +14.1 %
Oranges (1 lb) 0.94 € 1.09 €      +15.2 %
Tomato (1 lb) 1.69 € 1.61 €      -4.8 %
Potato (1 lb) 0.46 € 0.87 €      +89.2 %
Onion (1 lb) 0.63 € 0.60 €      -4.5 %
Lettuce (1 head) 1.83 € 1.41 €      -22.7 %
Water (1.5 liter bottle) 1.62 € 0.77 €      -52.7 %
Bottle of Wine (Mid-Range) 12.00 € 7.00 €      -41.7 %
Domestic Beer (0.5 liter bottle) 2.72 € 1.06 €      -61.2 %
Imported Beer (12 oz small bottle) 2.89 € 1.78 €      -38.4 %
Cigarettes 20 Pack (Marlboro) 9.70 € 7.85 €      -19.1 %
Transportation
Helsinki Edit Munich Edit
One-way Ticket (Local Transport) 3.10 € 3.60 €      +16.1 %
Monthly Pass (Regular Price) 65.00 € 63.00 €      -3.1 %
Taxi Start (Normal Tariff) 7.00 € 4.80 €      -31.4 %
Taxi 1 mile (Normal Tariff) 1.93 € 3.48 €      +80.0 %
Taxi 1hour Waiting (Normal Tariff) 53.40 € 30.00 €      -43.8 %
Gasoline (1 gallon) 8.01 € 7.64 €      -4.6 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 32,000.00 € 25,000.00 €      -21.9 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 30,839.50 € 23,609.29 €      -23.4 %
Utilities (Monthly)
Helsinki Edit Munich Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 96.20 € 304.78 €      +216.8 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.06 € 0.11 €      +76.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 18.49 € 37.24 €      +101.3 %
Sports And Leisure
Helsinki Edit Munich Edit
Fitness Club, Monthly Fee for 1 Adult 33.89 € 43.45 €      +28.2 %
Tennis Court Rent (1 Hour on Weekend) 27.50 € 23.88 €      -13.2 %
Cinema, International Release, 1 Seat 15.50 € 12.00 €      -22.6 %
Childcare
Helsinki Edit Munich Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 344.22 € 645.60 €      +87.6 %
International Primary School, Yearly for 1 Child 4,960.00 € 16,672.73 €      +236.1 %
Clothing And Shoes
Helsinki Edit Munich Edit
1 Pair of Jeans (Levis 501 Or Similar) 84.32 € 87.93 €      +4.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 34.80 € 40.68 €      +16.9 %
1 Pair of Nike Running Shoes (Mid-Range) 72.42 € 94.37 €      +30.3 %
1 Pair of Men Leather Business Shoes 107.96 € 119.23 €      +10.4 %
Rent Per Month
Helsinki Edit Munich Edit
Apartment (1 bedroom) in City Centre 967.43 € 1,375.02 €      +42.1 %
Apartment (1 bedroom) Outside of Centre 775.80 € 1,077.20 €      +38.8 %
Apartment (3 bedrooms) in City Centre 1,887.78 € 2,507.00 €      +32.8 %
Apartment (3 bedrooms) Outside of Centre 1,335.38 € 1,895.23 €      +41.9 %
Buy Apartment Price
Helsinki Edit Munich Edit
Price per Square Feet to Buy Apartment in City Centre 672.30 € 1,140.46 €      +69.6 %
Price per Square Feet to Buy Apartment Outside of Centre 382.68 € 860.58 €      +124.9 %
Salaries And Financing
Helsinki Edit Munich Edit
Average Monthly Net Salary (After Tax) 3,042.90 € 3,363.15 €      +10.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.18 2.48      +109.9 %
Last update: March 2023March 2023
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