Cost of Living Comparison Between Munich and New York, NY 

Indices DifferenceInfo
Consumer Prices in New York, NY are 55.8% higher than in Munich (without rent)
Consumer Prices Including Rent in New York, NY are 94.8% higher than in Munich
Rent Prices in New York, NY are 167.5% higher than in Munich
Restaurant Prices in New York, NY are 62.6% higher than in Munich
Groceries Prices in New York, NY are 63.8% higher than in Munich
Local Purchasing Power in New York, NY is 19.6% 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 €
(16.15 $)
27.87 €
(30.00 $)
     +85.8 %
Meal for 2 People, Mid-range Restaurant, Three-course 75.00 €
(80.73 $)
120.78 €
(130.00 $)
     +61.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 €
(10.76 $)
11.15 €
(12.00 $)
     +11.5 %
Domestic Beer (1 pint draught) 4.50 €
(4.84 $)
7.43 €
(8.00 $)
     +65.2 %
Imported Beer (12 oz small bottle) 4.50 €
(4.84 $)
10.22 €
(11.00 $)
     +127.1 %
Cappuccino (regular) 3.71 €
(4.00 $)
5.31 €
(5.72 $)
     +43.0 %
Coke/Pepsi (12 oz small bottle) 3.08 €
(3.32 $)
2.95 €
(3.17 $)
     -4.4 %
Water (12 oz small bottle) 2.60 €
(2.80 $)
2.17 €
(2.33 $)
     -16.8 %
Markets
Munich Edit New York, NY Edit
Milk (regular), (1 gallon) 4.38 €
(4.71 $)
5.24 €
(5.65 $)
     +19.8 %
Loaf of Fresh White Bread (1 lb) 2.11 €
(2.27 $)
4.07 €
(4.39 $)
     +93.3 %
Rice (white), (1 lb) 1.20 €
(1.29 $)
3.09 €
(3.33 $)
     +157.5 %
Eggs (regular) (12) 3.16 €
(3.41 $)
4.85 €
(5.22 $)
     +53.2 %
Local Cheese (1 lb) 5.82 €
(6.27 $)
7.10 €
(7.64 $)
     +21.9 %
Chicken Fillets (1 lb) 5.70 €
(6.13 $)
6.55 €
(7.05 $)
     +15.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.31 €
(7.87 $)
8.35 €
(8.99 $)
     +14.2 %
Apples (1 lb) 1.23 €
(1.32 $)
2.88 €
(3.10 $)
     +134.1 %
Banana (1 lb) 0.70 €
(0.75 $)
0.88 €
(0.95 $)
     +25.7 %
Oranges (1 lb) 1.04 €
(1.12 $)
2.35 €
(2.53 $)
     +124.7 %
Tomato (1 lb) 1.40 €
(1.51 $)
2.66 €
(2.86 $)
     +89.8 %
Potato (1 lb) 0.74 €
(0.79 $)
1.68 €
(1.81 $)
     +127.6 %
Onion (1 lb) 0.79 €
(0.85 $)
1.57 €
(1.69 $)
     +99.1 %
Lettuce (1 head) 1.80 €
(1.94 $)
2.80 €
(3.01 $)
     +55.3 %
Water (1.5 liter bottle) 0.86 €
(0.93 $)
2.27 €
(2.44 $)
     +163.6 %
Bottle of Wine (Mid-Range) 5.99 €
(6.45 $)
18.58 €
(20.00 $)
     +210.2 %
Domestic Beer (0.5 liter bottle) 0.95 €
(1.02 $)
2.35 €
(2.53 $)
     +147.7 %
Imported Beer (12 oz small bottle) 1.60 €
(1.72 $)
3.58 €
(3.86 $)
     +124.3 %
Cigarettes 20 Pack (Marlboro) 8.20 €
(8.83 $)
15.79 €
(17.00 $)
     +92.6 %
Transportation
Munich Edit New York, NY Edit
One-way Ticket (Local Transport) 3.70 €
(3.98 $)
2.69 €
(2.90 $)
     -27.2 %
Monthly Pass (Regular Price) 49.00 €
(52.74 $)
122.63 €
(132.00 $)
     +150.3 %
Taxi Start (Normal Tariff) 5.50 €
(5.92 $)
4.65 €
(5.00 $)
     -15.5 %
Taxi 1 mile (Normal Tariff) 3.70 €
(3.98 $)
3.25 €
(3.50 $)
     -12.2 %
Taxi 1hour Waiting (Normal Tariff) 36.00 €
(38.75 $)
31.59 €
(34.00 $)
     -12.3 %
Gasoline (1 gallon) 6.91 €
(7.43 $)
3.58 €
(3.85 $)
     -48.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 27,180.00 €
(29,255.82 $)
32,516.61 €
(35,000.00 $)
     +19.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,625.00 €
(29,734.80 $)
26,344.83 €
(28,356.86 $)
     -4.6 %
Utilities (Monthly)
Munich Edit New York, NY Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 283.00 €
(304.61 $)
174.53 €
(187.85 $)
     -38.3 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 20.14 €
(21.68 $)
63.34 €
(68.17 $)
     +214.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 36.93 €
(39.75 $)
66.72 €
(71.82 $)
     +80.7 %
Sports And Leisure
Munich Edit New York, NY Edit
Fitness Club, Monthly Fee for 1 Adult 44.83 €
(48.26 $)
137.46 €
(147.95 $)
     +206.6 %
Tennis Court Rent (1 Hour on Weekend) 26.19 €
(28.19 $)
86.52 €
(93.12 $)
     +230.4 %
Cinema, International Release, 1 Seat 13.00 €
(13.99 $)
18.58 €
(20.00 $)
     +42.9 %
Childcare
Munich Edit New York, NY Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 837.41 €
(901.36 $)
2,901.93 €
(3,123.56 $)
     +246.5 %
International Primary School, Yearly for 1 Child 14,575.00 €
(15,688.14 $)
53,884.67 €
(58,000.00 $)
     +269.7 %
Clothing And Shoes
Munich Edit New York, NY Edit
1 Pair of Jeans (Levis 501 Or Similar) 83.42 €
(89.79 $)
67.76 €
(72.93 $)
     -18.8 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 32.87 €
(35.38 $)
46.36 €
(49.90 $)
     +41.1 %
1 Pair of Nike Running Shoes (Mid-Range) 82.44 €
(88.73 $)
94.89 €
(102.14 $)
     +15.1 %
1 Pair of Men Leather Business Shoes 110.78 €
(119.24 $)
158.32 €
(170.41 $)
     +42.9 %
Rent Per Month
Munich Edit New York, NY Edit
Apartment (1 bedroom) in City Centre 1,465.70 €
(1,577.64 $)
3,905.54 €
(4,203.82 $)
     +166.5 %
Apartment (1 bedroom) Outside of Centre 1,152.48 €
(1,240.50 $)
2,754.13 €
(2,964.47 $)
     +139.0 %
Apartment (3 bedrooms) in City Centre 2,503.26 €
(2,694.44 $)
8,156.13 €
(8,779.04 $)
     +225.8 %
Apartment (3 bedrooms) Outside of Centre 2,031.58 €
(2,186.74 $)
4,319.35 €
(4,649.23 $)
     +112.6 %
Buy Apartment Price
Munich Edit New York, NY Edit
Price per Square Feet to Buy Apartment in City Centre 947.64 €
(1,020.01 $)
1,589.01 €
(1,710.37 $)
     +67.7 %
Price per Square Feet to Buy Apartment Outside of Centre 698.05 €
(751.36 $)
1,061.67 €
(1,142.75 $)
     +52.1 %
Salaries And Financing
Munich Edit New York, NY Edit
Average Monthly Net Salary (After Tax) 3,518.63 €
(3,787.36 $)
5,512.33 €
(5,933.32 $)
     +56.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.40 6.74      +98.2 %
Last update: May 2024May 2024
Contributors in the past 12 months:437484