Cost of Living Comparison Between Helsinki and Munich 

Indices DifferenceInfo
Consumer Prices in Munich are 4.9% higher than in Helsinki (without rent)
Consumer Prices Including Rent in Munich are 12.9% higher than in Helsinki
Rent Prices in Munich are 32.2% higher than in Helsinki
Restaurant Prices in Munich are 9.3% lower than in Helsinki
Groceries Prices in Munich are 4.8% higher than in Helsinki
Local Purchasing Power in Munich is 1.8% lower than in Helsinki
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Helsinki Edit Munich Edit Difference
Meal, Inexpensive Restaurant 13.10 € 15.50 €      +18.3 %
Meal for 2 People, Mid-range Restaurant, Three-course 80.00 € 60.00 €      -25.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.00 € 9.00 €      0.0 %
Domestic Beer (1 pint draught) 7.00 € 4.50 €      -35.7 %
Imported Beer (12 oz small bottle) 7.50 € 4.00 €      -46.7 %
Cappuccino (regular) 4.00 € 3.53 €      -11.7 %
Coke/Pepsi (12 oz small bottle) 2.48 € 3.11 €      +25.6 %
Water (12 oz small bottle) 1.67 € 2.81 €      +67.9 %
Markets
Helsinki Edit Munich Edit
Milk (regular), (1 gallon) 3.83 € 4.76 €      +24.3 %
Loaf of Fresh White Bread (1 lb) 2.01 € 1.69 €      -16.2 %
Rice (white), (1 lb) 0.99 € 1.07 €      +7.6 %
Eggs (regular) (12) 2.51 € 3.27 €      +30.0 %
Local Cheese (1 lb) 3.26 € 6.45 €      +97.8 %
Chicken Fillets (1 lb) 4.70 € 4.74 €      +0.9 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.90 € 8.28 €      +4.8 %
Apples (1 lb) 1.01 € 1.31 €      +28.8 %
Banana (1 lb) 0.74 € 0.84 €      +13.7 %
Oranges (1 lb) 0.93 € 1.08 €      +16.2 %
Tomato (1 lb) 1.60 € 1.54 €      -3.5 %
Potato (1 lb) 0.46 € 0.90 €      +96.6 %
Onion (1 lb) 0.61 € 0.61 €      -0.5 %
Lettuce (1 head) 1.74 € 1.41 €      -19.1 %
Water (1.5 liter bottle) 1.60 € 0.75 €      -53.0 %
Bottle of Wine (Mid-Range) 12.00 € 7.00 €      -41.7 %
Domestic Beer (0.5 liter bottle) 2.60 € 1.04 €      -60.1 %
Imported Beer (12 oz small bottle) 2.70 € 1.79 €      -33.6 %
Cigarettes 20 Pack (Marlboro) 9.55 € 7.90 €      -17.3 %
Transportation
Helsinki Edit Munich Edit
One-way Ticket (Local Transport) 3.00 € 3.50 €      +16.7 %
Monthly Pass (Regular Price) 65.00 € 60.00 €      -7.7 %
Taxi Start (Normal Tariff) 6.90 € 4.70 €      -31.9 %
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) 8.03 € 7.75 €      -3.5 %
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) 31,388.00 € 23,323.57 €      -25.7 %
Utilities (Monthly)
Helsinki Edit Munich Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 103.33 € 295.29 €      +185.8 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.07 € 0.10 €      +58.0 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 18.07 € 36.00 €      +99.2 %
Sports And Leisure
Helsinki Edit Munich Edit
Fitness Club, Monthly Fee for 1 Adult 34.05 € 42.42 €      +24.6 %
Tennis Court Rent (1 Hour on Weekend) 27.50 € 24.13 €      -12.2 %
Cinema, International Release, 1 Seat 15.00 € 12.00 €      -20.0 %
Childcare
Helsinki Edit Munich Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 433.12 € 610.56 €      +41.0 %
International Primary School, Yearly for 1 Child 4,960.00 € 16,040.00 €      +223.4 %
Clothing And Shoes
Helsinki Edit Munich Edit
1 Pair of Jeans (Levis 501 Or Similar) 82.65 € 87.78 €      +6.2 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 34.86 € 38.56 €      +10.6 %
1 Pair of Nike Running Shoes (Mid-Range) 74.44 € 91.76 €      +23.3 %
1 Pair of Men Leather Business Shoes 108.24 € 116.81 €      +7.9 %
Rent Per Month
Helsinki Edit Munich Edit
Apartment (1 bedroom) in City Centre 995.62 € 1,331.73 €      +33.8 %
Apartment (1 bedroom) Outside of Centre 786.03 € 1,019.56 €      +29.7 %
Apartment (3 bedrooms) in City Centre 1,902.80 € 2,489.34 €      +30.8 %
Apartment (3 bedrooms) Outside of Centre 1,352.80 € 1,895.57 €      +40.1 %
Buy Apartment Price
Helsinki Edit Munich Edit
Price per Square Feet to Buy Apartment in City Centre 673.88 € 1,126.82 €      +67.2 %
Price per Square Feet to Buy Apartment Outside of Centre 388.60 € 848.51 €      +118.4 %
Salaries And Financing
Helsinki Edit Munich Edit
Average Monthly Net Salary (After Tax) 2,988.06 € 3,312.67 €      +10.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.24 2.25      +81.2 %
Last update: February 2023February 2023
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