Cost of Living Comparison Between Munich and New York, NY 

Indices DifferenceInfo
Consumer Prices in New York, NY are 52.2% higher than in Munich (without rent)
Consumer Prices Including Rent in New York, NY are 89.5% higher than in Munich
Rent Prices in New York, NY are 159.0% higher than in Munich
Restaurant Prices in New York, NY are 62.0% higher than in Munich
Groceries Prices in New York, NY are 62.9% higher than in Munich
Local Purchasing Power in New York, NY is 18.2% 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 $)
27.86 €
(30.00 $)
     +85.7 %
Meal for 2 People, Mid-range Restaurant, Three-course 75.00 €
(80.76 $)
120.72 €
(130.00 $)
     +61.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 €
(10.77 $)
11.14 €
(12.00 $)
     +11.4 %
Domestic Beer (1 pint draught) 4.50 €
(4.85 $)
7.43 €
(8.00 $)
     +65.1 %
Imported Beer (12 oz small bottle) 4.50 €
(4.85 $)
9.75 €
(10.50 $)
     +116.7 %
Cappuccino (regular) 3.71 €
(4.00 $)
5.27 €
(5.67 $)
     +41.9 %
Coke/Pepsi (12 oz small bottle) 3.08 €
(3.32 $)
2.83 €
(3.05 $)
     -8.2 %
Water (12 oz small bottle) 2.60 €
(2.80 $)
2.12 €
(2.29 $)
     -18.5 %
Markets
Munich Edit New York, NY Edit
Milk (regular), (1 gallon) 4.37 €
(4.70 $)
5.23 €
(5.63 $)
     +19.8 %
Loaf of Fresh White Bread (1 lb) 2.11 €
(2.27 $)
4.02 €
(4.33 $)
     +90.9 %
Rice (white), (1 lb) 1.20 €
(1.29 $)
2.98 €
(3.21 $)
     +148.5 %
Eggs (regular) (12) 3.16 €
(3.41 $)
4.93 €
(5.30 $)
     +55.7 %
Local Cheese (1 lb) 5.82 €
(6.27 $)
6.93 €
(7.46 $)
     +18.9 %
Chicken Fillets (1 lb) 5.70 €
(6.13 $)
6.44 €
(6.93 $)
     +13.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.31 €
(7.87 $)
8.07 €
(8.69 $)
     +10.4 %
Apples (1 lb) 1.23 €
(1.33 $)
2.95 €
(3.17 $)
     +139.5 %
Banana (1 lb) 0.70 €
(0.76 $)
0.86 €
(0.92 $)
     +22.3 %
Oranges (1 lb) 1.04 €
(1.12 $)
2.47 €
(2.66 $)
     +136.1 %
Tomato (1 lb) 1.40 €
(1.51 $)
2.66 €
(2.86 $)
     +89.7 %
Potato (1 lb) 0.74 €
(0.79 $)
1.71 €
(1.84 $)
     +131.7 %
Onion (1 lb) 0.79 €
(0.85 $)
1.57 €
(1.69 $)
     +99.1 %
Lettuce (1 head) 1.80 €
(1.94 $)
2.71 €
(2.92 $)
     +50.6 %
Water (1.5 liter bottle) 0.86 €
(0.93 $)
2.26 €
(2.43 $)
     +162.0 %
Bottle of Wine (Mid-Range) 5.99 €
(6.45 $)
18.57 €
(20.00 $)
     +210.1 %
Domestic Beer (0.5 liter bottle) 0.95 €
(1.02 $)
2.35 €
(2.53 $)
     +147.6 %
Imported Beer (12 oz small bottle) 1.60 €
(1.72 $)
3.53 €
(3.81 $)
     +121.3 %
Cigarettes 20 Pack (Marlboro) 8.20 €
(8.83 $)
15.79 €
(17.00 $)
     +92.5 %
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 €
(52.76 $)
122.58 €
(132.00 $)
     +150.2 %
Taxi Start (Normal Tariff) 5.50 €
(5.92 $)
4.64 €
(5.00 $)
     -15.6 %
Taxi 1 mile (Normal Tariff) 3.70 €
(3.99 $)
3.25 €
(3.50 $)
     -12.2 %
Taxi 1hour Waiting (Normal Tariff) 36.00 €
(38.77 $)
31.57 €
(34.00 $)
     -12.3 %
Gasoline (1 gallon) 6.92 €
(7.45 $)
3.58 €
(3.85 $)
     -48.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 27,180.00 €
(29,268.29 $)
29,252.47 €
(31,500.00 $)
     +7.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,625.00 €
(29,747.48 $)
25,509.95 €
(27,469.93 $)
     -7.7 %
Utilities (Monthly)
Munich Edit New York, NY Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 283.00 €
(304.74 $)
170.11 €
(183.18 $)
     -39.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 20.14 €
(21.69 $)
61.59 €
(66.32 $)
     +205.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 37.26 €
(40.13 $)
66.46 €
(71.56 $)
     +78.3 %
Sports And Leisure
Munich Edit New York, NY Edit
Fitness Club, Monthly Fee for 1 Adult 43.52 €
(46.87 $)
122.71 €
(132.14 $)
     +181.9 %
Tennis Court Rent (1 Hour on Weekend) 26.19 €
(28.20 $)
72.30 €
(77.86 $)
     +176.1 %
Cinema, International Release, 1 Seat 13.00 €
(14.00 $)
18.57 €
(20.00 $)
     +42.9 %
Childcare
Munich Edit New York, NY Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 837.41 €
(901.75 $)
2,875.72 €
(3,096.67 $)
     +243.4 %
International Primary School, Yearly for 1 Child 14,575.00 €
(15,694.83 $)
54,093.86 €
(58,250.00 $)
     +271.1 %
Clothing And Shoes
Munich Edit New York, NY Edit
1 Pair of Jeans (Levis 501 Or Similar) 83.42 €
(89.83 $)
65.79 €
(70.85 $)
     -21.1 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 32.18 €
(34.65 $)
44.14 €
(47.53 $)
     +37.2 %
1 Pair of Nike Running Shoes (Mid-Range) 83.48 €
(89.90 $)
90.78 €
(97.75 $)
     +8.7 %
1 Pair of Men Leather Business Shoes 110.78 €
(119.29 $)
151.92 €
(163.59 $)
     +37.1 %
Rent Per Month
Munich Edit New York, NY Edit
Apartment (1 bedroom) in City Centre 1,462.58 €
(1,574.95 $)
3,854.37 €
(4,150.51 $)
     +163.5 %
Apartment (1 bedroom) Outside of Centre 1,147.21 €
(1,235.36 $)
2,643.74 €
(2,846.86 $)
     +130.4 %
Apartment (3 bedrooms) in City Centre 2,510.23 €
(2,703.10 $)
7,831.20 €
(8,432.88 $)
     +212.0 %
Apartment (3 bedrooms) Outside of Centre 2,027.03 €
(2,182.77 $)
4,181.78 €
(4,503.08 $)
     +106.3 %
Buy Apartment Price
Munich Edit New York, NY Edit
Price per Square Feet to Buy Apartment in City Centre 947.64 €
(1,020.44 $)
1,527.23 €
(1,644.57 $)
     +61.2 %
Price per Square Feet to Buy Apartment Outside of Centre 698.05 €
(751.68 $)
1,013.82 €
(1,091.71 $)
     +45.2 %
Salaries And Financing
Munich Edit New York, NY Edit
Average Monthly Net Salary (After Tax) 3,493.00 €
(3,761.37 $)
5,412.92 €
(5,828.80 $)
     +55.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.40 6.68      +96.3 %
Last update: May 2024May 2024
Contributors in the past 12 months:436476