Cost of Living Comparison Between Madrid and Munich 

Indices DifferenceInfo
Consumer Prices in Munich are 27.0% higher than in Madrid (without rent)
Consumer Prices Including Rent in Munich are 25.1% higher than in Madrid
Rent Prices in Munich are 21.7% higher than in Madrid
Restaurant Prices in Munich are 19.0% higher than in Madrid
Groceries Prices in Munich are 23.0% higher than in Madrid
Local Purchasing Power in Munich is 16.4% higher than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Munich Edit Difference
Meal, Inexpensive Restaurant 14.00 € 15.00 €      +7.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 € 75.00 €      +25.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.53 € 10.00 €      +5.0 %
Domestic Beer (1 pint draught) 3.50 € 4.50 €      +28.6 %
Imported Beer (12 oz small bottle) 3.50 € 4.50 €      +28.6 %
Cappuccino (regular) 2.39 € 3.71 €      +55.7 %
Coke/Pepsi (12 oz small bottle) 2.44 € 3.08 €      +26.4 %
Water (12 oz small bottle) 1.59 € 2.60 €      +63.9 %
Markets
Madrid Edit Munich Edit
Milk (regular), (1 gallon) 4.02 € 4.38 €      +9.0 %
Loaf of Fresh White Bread (1 lb) 1.38 € 2.11 €      +53.1 %
Rice (white), (1 lb) 0.66 € 1.20 €      +81.8 %
Eggs (regular) (12) 2.77 € 3.16 €      +14.0 %
Local Cheese (1 lb) 6.06 € 5.82 €      -3.9 %
Chicken Fillets (1 lb) 3.46 € 5.70 €      +64.6 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.33 € 7.31 €      +15.6 %
Apples (1 lb) 1.02 € 1.23 €      +20.6 %
Banana (1 lb) 0.82 € 0.70 €      -14.4 %
Oranges (1 lb) 0.80 € 1.04 €      +30.3 %
Tomato (1 lb) 1.04 € 1.40 €      +35.1 %
Potato (1 lb) 0.64 € 0.74 €      +14.7 %
Onion (1 lb) 0.69 € 0.79 €      +14.7 %
Lettuce (1 head) 1.20 € 1.80 €      +50.6 %
Water (1.5 liter bottle) 0.87 € 0.86 €      -1.3 %
Bottle of Wine (Mid-Range) 6.00 € 5.99 €      -0.2 %
Domestic Beer (0.5 liter bottle) 1.22 € 0.95 €      -22.1 %
Imported Beer (12 oz small bottle) 1.76 € 1.60 €      -9.0 %
Cigarettes 20 Pack (Marlboro) 5.65 € 8.20 €      +45.1 %
Transportation
Madrid Edit Munich Edit
One-way Ticket (Local Transport) 1.50 € 3.70 €      +146.7 %
Monthly Pass (Regular Price) 40.00 € 49.00 €      +22.5 %
Taxi Start (Normal Tariff) 3.00 € 5.50 €      +83.3 %
Taxi 1 mile (Normal Tariff) 1.93 € 3.70 €      +91.7 %
Taxi 1hour Waiting (Normal Tariff) 22.00 € 36.00 €      +63.6 %
Gasoline (1 gallon) 6.23 € 6.92 €      +11.0 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 € 27,180.00 €      -18.5 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,619.74 € 27,625.00 €      +0.0 %
Utilities (Monthly)
Madrid Edit Munich Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 142.24 € 283.00 €      +99.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 13.88 € 20.14 €      +45.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 29.76 € 37.26 €      +25.2 %
Sports And Leisure
Madrid Edit Munich Edit
Fitness Club, Monthly Fee for 1 Adult 43.57 € 43.52 €      -0.1 %
Tennis Court Rent (1 Hour on Weekend) 9.91 € 26.19 €      +164.1 %
Cinema, International Release, 1 Seat 10.00 € 13.00 €      +30.0 %
Childcare
Madrid Edit Munich Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 491.92 € 837.41 €      +70.2 %
International Primary School, Yearly for 1 Child 8,661.90 € 14,575.00 €      +68.3 %
Clothing And Shoes
Madrid Edit Munich Edit
1 Pair of Jeans (Levis 501 Or Similar) 68.75 € 83.42 €      +21.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 28.30 € 32.18 €      +13.7 %
1 Pair of Nike Running Shoes (Mid-Range) 76.31 € 83.48 €      +9.4 %
1 Pair of Men Leather Business Shoes 84.43 € 110.78 €      +31.2 %
Rent Per Month
Madrid Edit Munich Edit
Apartment (1 bedroom) in City Centre 1,258.75 € 1,462.58 €      +16.2 %
Apartment (1 bedroom) Outside of Centre 905.83 € 1,147.21 €      +26.6 %
Apartment (3 bedrooms) in City Centre 2,154.81 € 2,510.23 €      +16.5 %
Apartment (3 bedrooms) Outside of Centre 1,554.35 € 2,027.03 €      +30.4 %
Buy Apartment Price
Madrid Edit Munich Edit
Price per Square Feet to Buy Apartment in City Centre 421.98 € 947.64 €      +124.6 %
Price per Square Feet to Buy Apartment Outside of Centre 238.41 € 698.05 €      +192.8 %
Salaries And Financing
Madrid Edit Munich Edit
Average Monthly Net Salary (After Tax) 2,399.51 € 3,493.00 €      +45.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.53 3.40      +34.6 %
Last update: May 2024May 2024
Contributors in the past 12 months:573424