Cost of Living Comparison Between Munich and Helsinki 

Indices DifferenceInfo
Consumer Prices in Helsinki are 3.8% higher than in Munich (without rent)
Consumer Prices Including Rent in Helsinki are 8.5% lower than in Munich
Rent Prices in Helsinki are 31.4% lower than in Munich
Restaurant Prices in Helsinki are 15.9% higher than in Munich
Groceries Prices in Helsinki are 9.4% higher than in Munich
Local Purchasing Power in Helsinki is 12.3% lower than in Munich
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Munich Edit Helsinki Edit Difference
Meal, Inexpensive Restaurant 15.00 € 15.00 €      0.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 70.00 € 90.00 €      +28.6 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 € 10.00 €      0.0 %
Domestic Beer (1 pint draught) 4.50 € 8.00 €      +77.8 %
Imported Beer (12 oz small bottle) 4.50 € 8.00 €      +77.8 %
Cappuccino (regular) 3.72 € 4.49 €      +20.5 %
Coke/Pepsi (12 oz small bottle) 3.08 € 2.63 €      -14.6 %
Water (12 oz small bottle) 2.62 € 1.83 €      -30.0 %
Markets
Munich Edit Helsinki Edit
Milk (regular), (1 gallon) 4.34 € 4.32 €      -0.6 %
Loaf of Fresh White Bread (1 lb) 2.07 € 2.60 €      +25.4 %
Rice (white), (1 lb) 1.18 € 1.16 €      -2.3 %
Eggs (regular) (12) 3.10 € 2.91 €      -6.0 %
Local Cheese (1 lb) 5.71 € 3.54 €      -38.0 %
Chicken Fillets (1 lb) 5.68 € 5.15 €      -9.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.31 € 9.49 €      +29.8 %
Apples (1 lb) 1.22 € 1.02 €      -16.4 %
Banana (1 lb) 0.69 € 0.78 €      +13.8 %
Oranges (1 lb) 1.03 € 0.99 €      -4.6 %
Tomato (1 lb) 1.39 € 1.80 €      +29.4 %
Potato (1 lb) 0.74 € 0.56 €      -24.5 %
Onion (1 lb) 0.76 € 0.80 €      +5.1 %
Lettuce (1 head) 1.80 € 1.92 €      +6.8 %
Water (1.5 liter bottle) 0.82 € 1.75 €      +113.0 %
Bottle of Wine (Mid-Range) 5.99 € 14.45 €      +141.2 %
Domestic Beer (0.5 liter bottle) 0.95 € 2.65 €      +177.8 %
Imported Beer (12 oz small bottle) 1.55 € 3.12 €      +101.8 %
Cigarettes 20 Pack (Marlboro) 8.20 € 10.30 €      +25.6 %
Transportation
Munich Edit Helsinki Edit
One-way Ticket (Local Transport) 3.70 € 3.05 €      -17.6 %
Monthly Pass (Regular Price) 49.00 € 67.00 €      +36.7 %
Taxi Start (Normal Tariff) 5.50 € 6.60 €      +20.0 %
Taxi 1 mile (Normal Tariff) 3.70 € 1.93 €      -47.8 %
Taxi 1hour Waiting (Normal Tariff) 36.00 € 56.40 €      +56.7 %
Gasoline (1 gallon) 6.93 € 7.23 €      +4.4 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 27,180.00 € 32,000.00 €      +17.7 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 26,000.00 € 34,060.53 €      +31.0 %
Utilities (Monthly)
Munich Edit Helsinki Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 276.66 € 106.27 €      -61.6 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 20.06 € 24.04 €      +19.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 37.46 € 19.19 €      -48.8 %
Sports And Leisure
Munich Edit Helsinki Edit
Fitness Club, Monthly Fee for 1 Adult 44.07 € 41.52 €      -5.8 %
Tennis Court Rent (1 Hour on Weekend) 26.88 € 26.18 €      -2.6 %
Cinema, International Release, 1 Seat 13.00 € 17.00 €      +30.8 %
Childcare
Munich Edit Helsinki Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 837.65 € 306.42 €      -63.4 %
International Primary School, Yearly for 1 Child 14,225.00 € 8,742.80 €      -38.5 %
Clothing And Shoes
Munich Edit Helsinki Edit
1 Pair of Jeans (Levis 501 Or Similar) 81.72 € 79.63 €      -2.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 31.60 € 29.41 €      -6.9 %
1 Pair of Nike Running Shoes (Mid-Range) 83.64 € 71.66 €      -14.3 %
1 Pair of Men Leather Business Shoes 105.12 € 92.75 €      -11.8 %
Rent Per Month
Munich Edit Helsinki Edit
Apartment (1 bedroom) in City Centre 1,436.55 € 995.12 €      -30.7 %
Apartment (1 bedroom) Outside of Centre 1,142.67 € 792.97 €      -30.6 %
Apartment (3 bedrooms) in City Centre 2,468.60 € 1,767.50 €      -28.4 %
Apartment (3 bedrooms) Outside of Centre 1,992.76 € 1,284.80 €      -35.5 %
Buy Apartment Price
Munich Edit Helsinki Edit
Price per Square Feet to Buy Apartment in City Centre 940.82 € 686.10 €      -27.1 %
Price per Square Feet to Buy Apartment Outside of Centre 691.00 € 399.60 €      -42.2 %
Salaries And Financing
Munich Edit Helsinki Edit
Average Monthly Net Salary (After Tax) 3,510.65 € 2,817.46 €      -19.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.42 3.58      +4.9 %
Last update: April 2024April 2024
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