Cost of Living Comparison Between Munich and Toronto 

Indices DifferenceInfo
Consumer Prices in Toronto are 6.15% lower than in Munich (without rent)
Consumer Prices Including Rent in Toronto are 1.24% lower than in Munich
Rent Prices in Toronto are 8.05% higher than in Munich
Restaurant Prices in Toronto are 1.20% lower than in Munich
Groceries Prices in Toronto are 2.59% higher than in Munich
Local Purchasing Power in Toronto is 3.62% lower than in Munich
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Munich Edit Toronto Edit Difference
Meal, Inexpensive Restaurant 13.50 €
(19.86 C$)
13.59 €
(20.00 C$)
     +0.69 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
(88.28 C$)
61.17 €
(90.00 C$)
     +1.95 %
McMeal at McDonalds (or Equivalent Combo Meal) 8.75 €
(12.87 C$)
7.48 €
(11.00 C$)
     -14.55 %
Domestic Beer (1 pint draught) 4.00 €
(5.89 C$)
4.76 €
(7.00 C$)
     +18.94 %
Imported Beer (12 oz small bottle) 3.98 €
(5.86 C$)
5.44 €
(8.00 C$)
     +36.47 %
Cappuccino (regular) 3.19 €
(4.69 C$)
3.04 €
(4.48 C$)
     -4.49 %
Coke/Pepsi (12 oz small bottle) 2.80 €
(4.11 C$)
1.68 €
(2.47 C$)
     -39.93 %
Water (12 oz small bottle) 2.54 €
(3.74 C$)
1.32 €
(1.94 C$)
     -47.98 %
Markets
Munich Edit Toronto Edit
Milk (regular), (1 gallon) 3.80 €
(5.59 C$)
7.96 €
(11.72 C$)
     +109.44 %
Loaf of Fresh White Bread (1 lb) 1.54 €
(2.26 C$)
1.73 €
(2.55 C$)
     +12.82 %
Rice (white), (1 lb) 0.91 €
(1.34 C$)
1.05 €
(1.54 C$)
     +14.87 %
Eggs (regular) (12) 2.67 €
(3.93 C$)
2.24 €
(3.29 C$)
     -16.14 %
Local Cheese (1 lb) 5.86 €
(8.62 C$)
4.15 €
(6.11 C$)
     -29.17 %
Chicken Fillets (1 lb) 3.33 €
(4.90 C$)
4.10 €
(6.03 C$)
     +23.04 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.98 €
(10.26 C$)
4.85 €
(7.14 C$)
     -30.46 %
Apples (1 lb) 1.24 €
(1.83 C$)
1.20 €
(1.77 C$)
     -3.39 %
Banana (1 lb) 0.75 €
(1.11 C$)
0.49 €
(0.73 C$)
     -34.53 %
Oranges (1 lb) 1.01 €
(1.49 C$)
1.03 €
(1.51 C$)
     +1.55 %
Tomato (1 lb) 1.41 €
(2.07 C$)
1.17 €
(1.73 C$)
     -16.54 %
Potato (1 lb) 0.85 €
(1.24 C$)
0.81 €
(1.19 C$)
     -4.38 %
Onion (1 lb) 0.64 €
(0.93 C$)
0.75 €
(1.10 C$)
     +17.77 %
Lettuce (1 head) 1.06 €
(1.56 C$)
1.66 €
(2.44 C$)
     +56.68 %
Water (1.5 liter bottle) 0.54 €
(0.79 C$)
1.40 €
(2.06 C$)
     +160.73 %
Bottle of Wine (Mid-Range) 6.00 €
(8.83 C$)
10.87 €
(16.00 C$)
     +81.19 %
Domestic Beer (0.5 liter bottle) 0.88 €
(1.29 C$)
2.12 €
(3.12 C$)
     +141.18 %
Imported Beer (12 oz small bottle) 1.45 €
(2.14 C$)
2.38 €
(3.50 C$)
     +63.63 %
Cigarettes 20 Pack (Marlboro) 7.00 €
(10.30 C$)
10.20 €
(15.00 C$)
     +45.65 %
Transportation
Munich Edit Toronto Edit
One-way Ticket (Local Transport) 3.30 €
(4.86 C$)
2.21 €
(3.25 C$)
     -33.06 %
Monthly Pass (Regular Price) 58.00 €
(85.33 C$)
106.03 €
(156.00 C$)
     +82.81 %
Taxi Start (Normal Tariff) 3.70 €
(5.44 C$)
2.89 €
(4.25 C$)
     -21.93 %
Taxi 1 mile (Normal Tariff) 3.22 €
(4.74 C$)
2.19 €
(3.22 C$)
     -32.03 %
Taxi 1hour Waiting (Normal Tariff) 30.00 €
(44.14 C$)
21.10 €
(31.04 C$)
     -29.68 %
Gasoline (1 gallon) 4.92 €
(7.24 C$)
2.90 €
(4.27 C$)
     -41.07 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 25,000.00 €
(36,782.04 C$)
16,991.99 €
(25,000.00 C$)
     -32.03 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 22,375.38 €
(32,920.49 C$)
17,453.26 €
(25,678.67 C$)
     -22.00 %
Utilities (Monthly)
Munich Edit Toronto Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 258.28 €
(380.00 C$)
118.50 €
(174.35 C$)
     -54.12 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.11 €
(0.16 C$)
0.25 €
(0.36 C$)
     +123.84 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 34.68 €
(51.02 C$)
49.33 €
(72.58 C$)
     +42.26 %
Sports And Leisure
Munich Edit Toronto Edit
Fitness Club, Monthly Fee for 1 Adult 40.26 €
(59.23 C$)
37.69 €
(55.45 C$)
     -6.38 %
Tennis Court Rent (1 Hour on Weekend) 22.12 €
(32.54 C$)
16.99 €
(25.00 C$)
     -23.18 %
Cinema, International Release, 1 Seat 12.00 €
(17.66 C$)
10.20 €
(15.00 C$)
     -15.04 %
Childcare
Munich Edit Toronto Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 684.92 €
(1,007.71 C$)
1,143.01 €
(1,681.69 C$)
     +66.88 %
International Primary School, Yearly for 1 Child 12,120.25 €
(17,832.30 C$)
18,246.68 €
(26,846.00 C$)
     +50.55 %
Clothing And Shoes
Munich Edit Toronto Edit
1 Pair of Jeans (Levis 501 Or Similar) 81.70 €
(120.21 C$)
50.12 €
(73.74 C$)
     -38.66 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 41.27 €
(60.72 C$)
32.86 €
(48.34 C$)
     -20.39 %
1 Pair of Nike Running Shoes (Mid-Range) 90.38 €
(132.98 C$)
72.96 €
(107.35 C$)
     -19.28 %
1 Pair of Men Leather Business Shoes 126.27 €
(185.77 C$)
96.22 €
(141.57 C$)
     -23.80 %
Rent Per Month
Munich Edit Toronto Edit
Apartment (1 bedroom) in City Centre 1,278.75 €
(1,881.40 C$)
1,366.10 €
(2,009.91 C$)
     +6.83 %
Apartment (1 bedroom) Outside of Centre 969.75 €
(1,426.78 C$)
1,166.47 €
(1,716.20 C$)
     +20.29 %
Apartment (3 bedrooms) in City Centre 2,213.14 €
(3,256.16 C$)
2,305.81 €
(3,392.49 C$)
     +4.19 %
Apartment (3 bedrooms) Outside of Centre 1,676.47 €
(2,466.56 C$)
1,794.00 €
(2,639.47 C$)
     +7.01 %
Buy Apartment Price
Munich Edit Toronto Edit
Price per Square Feet to Buy Apartment in City Centre 1,107.77 €
(1,629.84 C$)
729.71 €
(1,073.61 C$)
     -34.13 %
Price per Square Feet to Buy Apartment Outside of Centre 794.93 €
(1,169.57 C$)
572.83 €
(842.79 C$)
     -27.94 %
Salaries And Financing
Munich Edit Toronto Edit
Average Monthly Net Salary (After Tax) 3,215.86 €
(4,731.43 C$)
3,060.92 €
(4,503.47 C$)
     -4.82 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.60 2.58      +61.47 %
Last update: May 2021May 2021
Contributors in the past 12 months:302627