Cost of Living Comparison Between Munich and New York, NY 

Indices DifferenceInfo
Consumer Prices in New York, NY are 54.1% higher than in Munich (without rent)
Consumer Prices Including Rent in New York, NY are 92.4% higher than in Munich
Rent Prices in New York, NY are 164.1% higher than in Munich
Restaurant Prices in New York, NY are 66.6% higher than in Munich
Groceries Prices in New York, NY are 67.3% higher than in Munich
Local Purchasing Power in New York, NY is 18.1% lower than in Munich
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Munich Edit New York, NY Edit Difference
Meal, Inexpensive Restaurant 15.00 €
(16.09 $)
27.98 €
(30.00 $)
     +86.5 %
Meal for 2 People, Mid-range Restaurant, Three-course 70.00 €
(75.06 $)
121.23 €
(130.00 $)
     +73.2 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 €
(10.72 $)
11.19 €
(12.00 $)
     +11.9 %
Domestic Beer (1 pint draught) 4.50 €
(4.83 $)
7.46 €
(8.00 $)
     +65.8 %
Imported Beer (12 oz small bottle) 4.50 €
(4.83 $)
9.79 €
(10.50 $)
     +117.6 %
Cappuccino (regular) 3.72 €
(3.99 $)
5.18 €
(5.56 $)
     +39.2 %
Coke/Pepsi (12 oz small bottle) 3.08 €
(3.31 $)
2.81 €
(3.02 $)
     -8.8 %
Water (12 oz small bottle) 2.62 €
(2.81 $)
2.13 €
(2.29 $)
     -18.6 %
Markets
Munich Edit New York, NY Edit
Milk (regular), (1 gallon) 4.34 €
(4.65 $)
5.42 €
(5.82 $)
     +24.9 %
Loaf of Fresh White Bread (1 lb) 2.07 €
(2.22 $)
4.00 €
(4.29 $)
     +93.2 %
Rice (white), (1 lb) 1.18 €
(1.27 $)
3.03 €
(3.25 $)
     +155.9 %
Eggs (regular) (12) 3.10 €
(3.32 $)
5.09 €
(5.46 $)
     +64.4 %
Local Cheese (1 lb) 5.71 €
(6.12 $)
7.14 €
(7.65 $)
     +25.0 %
Chicken Fillets (1 lb) 5.68 €
(6.10 $)
6.65 €
(7.13 $)
     +17.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.31 €
(7.84 $)
8.43 €
(9.04 $)
     +15.3 %
Apples (1 lb) 1.22 €
(1.31 $)
2.93 €
(3.14 $)
     +140.5 %
Banana (1 lb) 0.69 €
(0.74 $)
0.86 €
(0.93 $)
     +25.6 %
Oranges (1 lb) 1.03 €
(1.11 $)
2.52 €
(2.70 $)
     +143.8 %
Tomato (1 lb) 1.39 €
(1.49 $)
2.63 €
(2.82 $)
     +89.0 %
Potato (1 lb) 0.74 €
(0.79 $)
1.80 €
(1.93 $)
     +144.2 %
Onion (1 lb) 0.76 €
(0.82 $)
1.60 €
(1.71 $)
     +109.1 %
Lettuce (1 head) 1.80 €
(1.92 $)
2.68 €
(2.88 $)
     +49.5 %
Water (1.5 liter bottle) 0.82 €
(0.88 $)
2.26 €
(2.43 $)
     +175.6 %
Bottle of Wine (Mid-Range) 5.99 €
(6.42 $)
18.65 €
(20.00 $)
     +211.4 %
Domestic Beer (0.5 liter bottle) 0.95 €
(1.02 $)
2.36 €
(2.53 $)
     +147.0 %
Imported Beer (12 oz small bottle) 1.55 €
(1.66 $)
3.57 €
(3.83 $)
     +130.9 %
Cigarettes 20 Pack (Marlboro) 8.20 €
(8.79 $)
15.85 €
(17.00 $)
     +93.3 %
Transportation
Munich Edit New York, NY Edit
One-way Ticket (Local Transport) 3.70 €
(3.97 $)
2.70 €
(2.90 $)
     -26.9 %
Monthly Pass (Regular Price) 49.00 €
(52.55 $)
123.09 €
(132.00 $)
     +151.2 %
Taxi Start (Normal Tariff) 5.50 €
(5.90 $)
4.66 €
(5.00 $)
     -15.2 %
Taxi 1 mile (Normal Tariff) 3.70 €
(3.97 $)
3.26 €
(3.50 $)
     -11.8 %
Taxi 1hour Waiting (Normal Tariff) 36.00 €
(38.60 $)
27.98 €
(30.00 $)
     -22.3 %
Gasoline (1 gallon) 6.93 €
(7.43 $)
3.61 €
(3.87 $)
     -48.0 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 27,180.00 €
(29,146.39 $)
26,110.95 €
(28,000.00 $)
     -3.9 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 26,000.00 €
(27,881.02 $)
25,228.09 €
(27,053.26 $)
     -3.0 %
Utilities (Monthly)
Munich Edit New York, NY Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 276.66 €
(296.68 $)
165.41 €
(177.38 $)
     -40.2 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 20.06 €
(21.52 $)
58.71 €
(62.96 $)
     +192.6 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 37.46 €
(40.17 $)
65.06 €
(69.77 $)
     +73.7 %
Sports And Leisure
Munich Edit New York, NY Edit
Fitness Club, Monthly Fee for 1 Adult 44.07 €
(47.26 $)
123.23 €
(132.14 $)
     +179.6 %
Tennis Court Rent (1 Hour on Weekend) 26.88 €
(28.83 $)
69.16 €
(74.17 $)
     +157.3 %
Cinema, International Release, 1 Seat 13.00 €
(13.94 $)
18.65 €
(20.00 $)
     +43.5 %
Childcare
Munich Edit New York, NY Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 837.65 €
(898.25 $)
2,858.81 €
(3,065.64 $)
     +241.3 %
International Primary School, Yearly for 1 Child 14,225.00 €
(15,254.14 $)
58,982.78 €
(63,250.00 $)
     +314.6 %
Clothing And Shoes
Munich Edit New York, NY Edit
1 Pair of Jeans (Levis 501 Or Similar) 81.72 €
(87.63 $)
64.18 €
(68.82 $)
     -21.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 31.60 €
(33.88 $)
42.36 €
(45.42 $)
     +34.1 %
1 Pair of Nike Running Shoes (Mid-Range) 83.64 €
(89.69 $)
90.46 €
(97.00 $)
     +8.1 %
1 Pair of Men Leather Business Shoes 105.12 €
(112.73 $)
154.67 €
(165.86 $)
     +47.1 %
Rent Per Month
Munich Edit New York, NY Edit
Apartment (1 bedroom) in City Centre 1,436.55 €
(1,540.48 $)
3,881.34 €
(4,162.14 $)
     +170.2 %
Apartment (1 bedroom) Outside of Centre 1,142.67 €
(1,225.34 $)
2,715.89 €
(2,912.38 $)
     +137.7 %
Apartment (3 bedrooms) in City Centre 2,468.60 €
(2,647.20 $)
7,863.95 €
(8,432.88 $)
     +218.6 %
Apartment (3 bedrooms) Outside of Centre 1,992.76 €
(2,136.93 $)
4,132.46 €
(4,431.43 $)
     +107.4 %
Buy Apartment Price
Munich Edit New York, NY Edit
Price per Square Feet to Buy Apartment in City Centre 940.82 €
(1,008.89 $)
1,584.22 €
(1,698.83 $)
     +68.4 %
Price per Square Feet to Buy Apartment Outside of Centre 691.00 €
(740.99 $)
1,112.28 €
(1,192.75 $)
     +61.0 %
Salaries And Financing
Munich Edit New York, NY Edit
Average Monthly Net Salary (After Tax) 3,510.65 €
(3,764.63 $)
5,534.61 €
(5,935.02 $)
     +57.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.42 6.67      +95.4 %
Last update: April 2024April 2024
Contributors in the past 12 months:448505