Cost of Living Comparison Between Munich and Toronto 

Indices DifferenceInfo
Consumer Prices in Toronto are 4.1% higher than in Munich (without rent)
Consumer Prices Including Rent in Toronto are 10.7% higher than in Munich
Rent Prices in Toronto are 23.0% higher than in Munich
Restaurant Prices in Toronto are 7.7% higher than in Munich
Groceries Prices in Toronto are 17.9% higher than in Munich
Local Purchasing Power in Toronto is 20.3% lower than in Munich
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Munich Edit Toronto Edit Difference
Meal, Inexpensive Restaurant 15.00 €
(22.09 C$)
16.98 €
(25.00 C$)
     +13.2 %
Meal for 2 People, Mid-range Restaurant, Three-course 75.00 €
(110.43 C$)
81.50 €
(120.00 C$)
     +8.7 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.50 €
(15.46 C$)
10.19 €
(15.00 C$)
     -3.0 %
Domestic Beer (1 pint draught) 4.50 €
(6.63 C$)
5.43 €
(8.00 C$)
     +20.7 %
Imported Beer (12 oz small bottle) 4.50 €
(6.63 C$)
6.79 €
(10.00 C$)
     +50.9 %
Cappuccino (regular) 3.72 €
(5.48 C$)
3.69 €
(5.44 C$)
     -0.7 %
Coke/Pepsi (12 oz small bottle) 3.16 €
(4.66 C$)
2.01 €
(2.96 C$)
     -36.5 %
Water (12 oz small bottle) 2.68 €
(3.94 C$)
1.51 €
(2.22 C$)
     -43.7 %
Markets
Munich Edit Toronto Edit
Milk (regular), (1 gallon) 4.37 €
(6.44 C$)
10.71 €
(15.77 C$)
     +144.8 %
Loaf of Fresh White Bread (1 lb) 2.11 €
(3.10 C$)
2.35 €
(3.46 C$)
     +11.6 %
Rice (white), (1 lb) 1.21 €
(1.79 C$)
1.43 €
(2.11 C$)
     +18.2 %
Eggs (regular) (12) 3.15 €
(4.64 C$)
3.29 €
(4.84 C$)
     +4.4 %
Local Cheese (1 lb) 5.82 €
(8.58 C$)
4.84 €
(7.13 C$)
     -16.8 %
Chicken Fillets (1 lb) 5.70 €
(8.39 C$)
5.30 €
(7.80 C$)
     -7.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.31 €
(10.77 C$)
6.06 €
(8.92 C$)
     -17.1 %
Apples (1 lb) 1.23 €
(1.81 C$)
1.64 €
(2.42 C$)
     +33.6 %
Banana (1 lb) 0.71 €
(1.04 C$)
0.64 €
(0.94 C$)
     -9.7 %
Oranges (1 lb) 1.04 €
(1.54 C$)
1.70 €
(2.50 C$)
     +62.8 %
Tomato (1 lb) 1.40 €
(2.06 C$)
1.55 €
(2.29 C$)
     +11.0 %
Potato (1 lb) 0.74 €
(1.08 C$)
1.12 €
(1.64 C$)
     +51.8 %
Onion (1 lb) 0.78 €
(1.16 C$)
1.18 €
(1.74 C$)
     +50.7 %
Lettuce (1 head) 1.80 €
(2.65 C$)
2.14 €
(3.15 C$)
     +18.7 %
Water (1.5 liter bottle) 0.86 €
(1.27 C$)
1.69 €
(2.49 C$)
     +96.3 %
Bottle of Wine (Mid-Range) 5.99 €
(8.82 C$)
12.90 €
(19.00 C$)
     +115.4 %
Domestic Beer (0.5 liter bottle) 0.95 €
(1.40 C$)
2.37 €
(3.49 C$)
     +149.7 %
Imported Beer (12 oz small bottle) 1.60 €
(2.35 C$)
2.59 €
(3.82 C$)
     +62.3 %
Cigarettes 20 Pack (Marlboro) 8.20 €
(12.07 C$)
13.58 €
(20.00 C$)
     +65.6 %
Transportation
Munich Edit Toronto Edit
One-way Ticket (Local Transport) 3.70 €
(5.45 C$)
2.28 €
(3.35 C$)
     -38.5 %
Monthly Pass (Regular Price) 49.00 €
(72.15 C$)
105.95 €
(156.00 C$)
     +116.2 %
Taxi Start (Normal Tariff) 5.50 €
(8.10 C$)
3.40 €
(5.00 C$)
     -38.3 %
Taxi 1 mile (Normal Tariff) 3.70 €
(5.45 C$)
1.91 €
(2.82 C$)
     -48.3 %
Taxi 1hour Waiting (Normal Tariff) 36.00 €
(53.01 C$)
21.05 €
(31.00 C$)
     -41.5 %
Gasoline (1 gallon) 6.90 €
(10.15 C$)
4.16 €
(6.13 C$)
     -39.6 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 27,180.00 €
(40,020.45 C$)
23,328.90 €
(34,350.00 C$)
     -14.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,625.00 €
(40,675.68 C$)
21,232.57 €
(31,263.32 C$)
     -23.1 %
Utilities (Monthly)
Munich Edit Toronto Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 286.25 €
(421.48 C$)
108.61 €
(159.92 C$)
     -62.1 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 19.75 €
(29.08 C$)
43.73 €
(64.38 C$)
     +121.4 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 36.93 €
(54.37 C$)
50.02 €
(73.64 C$)
     +35.4 %
Sports And Leisure
Munich Edit Toronto Edit
Fitness Club, Monthly Fee for 1 Adult 45.65 €
(67.22 C$)
49.09 €
(72.29 C$)
     +7.5 %
Tennis Court Rent (1 Hour on Weekend) 26.19 €
(38.56 C$)
19.77 €
(29.11 C$)
     -24.5 %
Cinema, International Release, 1 Seat 13.00 €
(19.14 C$)
12.22 €
(18.00 C$)
     -6.0 %
Childcare
Munich Edit Toronto Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 837.41 €
(1,233.02 C$)
1,061.72 €
(1,563.31 C$)
     +26.8 %
International Primary School, Yearly for 1 Child 14,575.00 €
(21,460.56 C$)
16,956.02 €
(24,966.43 C$)
     +16.3 %
Clothing And Shoes
Munich Edit Toronto Edit
1 Pair of Jeans (Levis 501 Or Similar) 82.06 €
(120.83 C$)
57.26 €
(84.31 C$)
     -30.2 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 32.87 €
(48.39 C$)
34.85 €
(51.31 C$)
     +6.0 %
1 Pair of Nike Running Shoes (Mid-Range) 82.44 €
(121.38 C$)
94.10 €
(138.55 C$)
     +14.1 %
1 Pair of Men Leather Business Shoes 110.78 €
(163.12 C$)
113.24 €
(166.74 C$)
     +2.2 %
Rent Per Month
Munich Edit Toronto Edit
Apartment (1 bedroom) in City Centre 1,459.80 €
(2,149.44 C$)
1,711.62 €
(2,520.23 C$)
     +17.3 %
Apartment (1 bedroom) Outside of Centre 1,156.65 €
(1,703.07 C$)
1,518.19 €
(2,235.42 C$)
     +31.3 %
Apartment (3 bedrooms) in City Centre 2,487.27 €
(3,662.32 C$)
3,052.90 €
(4,495.16 C$)
     +22.7 %
Apartment (3 bedrooms) Outside of Centre 2,017.95 €
(2,971.27 C$)
2,475.75 €
(3,645.36 C$)
     +22.7 %
Buy Apartment Price
Munich Edit Toronto Edit
Price per Square Feet to Buy Apartment in City Centre 947.64 €
(1,395.32 C$)
885.00 €
(1,303.09 C$)
     -6.6 %
Price per Square Feet to Buy Apartment Outside of Centre 698.05 €
(1,027.82 C$)
692.67 €
(1,019.91 C$)
     -0.8 %
Salaries And Financing
Munich Edit Toronto Edit
Average Monthly Net Salary (After Tax) 3,518.63 €
(5,180.91 C$)
3,104.00 €
(4,570.40 C$)
     -11.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.40 6.53      +92.0 %
Last update: May 2024May 2024
Contributors in the past 12 months:440769