Cost of Living Comparison Between New York, NY and Munich 

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Indices DifferenceInfo
Consumer Prices in Munich are 34.0% lower than in New York, NY (without rent)
Consumer Prices Including Rent in Munich are 47.3% lower than in New York, NY
Rent Prices in Munich are 61.8% lower than in New York, NY
Restaurant Prices in Munich are 36.7% lower than in New York, NY
Groceries Prices in Munich are 38.0% lower than in New York, NY
Local Purchasing Power in Munich is 16.8% higher than in New York, NY
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
New York, NY Edit Munich Edit Difference
Meal, Inexpensive Restaurant 30.00 $
(27.83 €)
16.17 $
(15.00 €)
     -46.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 130.00 $
(120.61 €)
83.54 $
(77.50 €)
     -35.7 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $
(11.13 €)
11.86 $
(11.00 €)
     -1.2 %
Domestic Beer (1 pint draught) 8.00 $
(7.42 €)
4.85 $
(4.50 €)
     -39.4 %
Imported Beer (12 oz small bottle) 11.00 $
(10.21 €)
4.96 $
(4.60 €)
     -54.9 %
Cappuccino (regular) 5.72 $
(5.30 €)
4.11 $
(3.81 €)
     -28.1 %
Coke/Pepsi (12 oz small bottle) 3.17 $
(2.94 €)
3.61 $
(3.35 €)
     +13.9 %
Water (12 oz small bottle) 2.33 $
(2.16 €)
3.04 $
(2.82 €)
     +30.4 %
Markets
New York, NY Edit Munich Edit
Milk (regular), (1 gallon) 5.65 $
(5.24 €)
4.74 $
(4.40 €)
     -16.0 %
Loaf of Fresh White Bread (1 lb) 4.39 $
(4.07 €)
2.29 $
(2.13 €)
     -47.8 %
Rice (white), (1 lb) 3.40 $
(3.16 €)
1.32 $
(1.22 €)
     -61.3 %
Eggs (regular) (12) 5.22 $
(4.84 €)
3.43 $
(3.18 €)
     -34.3 %
Local Cheese (1 lb) 7.64 $
(7.09 €)
6.37 $
(5.91 €)
     -16.6 %
Chicken Fillets (1 lb) 6.93 $
(6.43 €)
6.26 $
(5.81 €)
     -9.7 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.99 $
(8.34 €)
7.96 $
(7.39 €)
     -11.5 %
Apples (1 lb) 3.10 $
(2.88 €)
1.34 $
(1.25 €)
     -56.7 %
Banana (1 lb) 0.96 $
(0.89 €)
0.77 $
(0.72 €)
     -19.7 %
Oranges (1 lb) 2.53 $
(2.34 €)
1.16 $
(1.07 €)
     -54.3 %
Tomato (1 lb) 2.93 $
(2.72 €)
1.59 $
(1.47 €)
     -45.8 %
Potato (1 lb) 1.81 $
(1.68 €)
0.82 $
(0.76 €)
     -54.7 %
Onion (1 lb) 1.69 $
(1.57 €)
0.85 $
(0.79 €)
     -49.4 %
Lettuce (1 head) 2.95 $
(2.74 €)
1.98 $
(1.84 €)
     -32.9 %
Water (1.5 liter bottle) 2.52 $
(2.34 €)
0.97 $
(0.90 €)
     -61.6 %
Bottle of Wine (Mid-Range) 20.00 $
(18.55 €)
6.46 $
(5.99 €)
     -67.7 %
Domestic Beer (0.5 liter bottle) 2.53 $
(2.35 €)
1.03 $
(0.96 €)
     -59.1 %
Imported Beer (12 oz small bottle) 3.86 $
(3.58 €)
1.78 $
(1.65 €)
     -53.9 %
Cigarettes 20 Pack (Marlboro) 17.00 $
(15.77 €)
8.84 $
(8.20 €)
     -48.0 %
Transportation
New York, NY Edit Munich Edit
One-way Ticket (Local Transport) 2.90 $
(2.69 €)
3.99 $
(3.70 €)
     +37.5 %
Monthly Pass (Regular Price) 132.00 $
(122.46 €)
52.82 $
(49.00 €)
     -60.0 %
Taxi Start (Normal Tariff) 5.00 $
(4.64 €)
5.93 $
(5.50 €)
     +18.6 %
Taxi 1 mile (Normal Tariff) 3.50 $
(3.25 €)
3.99 $
(3.70 €)
     +14.0 %
Taxi 1hour Waiting (Normal Tariff) 34.00 $
(31.54 €)
38.80 $
(36.00 €)
     +14.1 %
Gasoline (1 gallon) 3.85 $
(3.58 €)
7.47 $
(6.93 €)
     +93.7 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,000.00 $
(32,471.25 €)
29,296.69 $
(27,180.00 €)
     -16.3 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 28,356.86 $
(26,308.07 €)
29,776.34 $
(27,625.00 €)
     +5.0 %
Utilities (Monthly)
New York, NY Edit Munich Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 187.85 $
(174.28 €)
328.49 $
(304.75 €)
     +74.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 68.52 $
(63.57 €)
25.23 $
(23.41 €)
     -63.2 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 71.82 $
(66.63 €)
41.04 $
(38.08 €)
     -42.9 %
Sports And Leisure
New York, NY Edit Munich Edit
Fitness Club, Monthly Fee for 1 Adult 147.95 $
(137.26 €)
50.29 $
(46.66 €)
     -66.0 %
Tennis Court Rent (1 Hour on Weekend) 93.12 $
(86.40 €)
29.18 $
(27.07 €)
     -68.7 %
Cinema, International Release, 1 Seat 20.00 $
(18.55 €)
14.01 $
(13.00 €)
     -29.9 %
Childcare
New York, NY Edit Munich Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 3,123.56 $
(2,897.88 €)
902.62 $
(837.41 €)
     -71.1 %
International Primary School, Yearly for 1 Child 58,000.00 $
(53,809.50 €)
15,710.05 $
(14,575.00 €)
     -72.9 %
Clothing And Shoes
New York, NY Edit Munich Edit
1 Pair of Jeans (Levis 501 Or Similar) 72.17 $
(66.96 €)
95.74 $
(88.83 €)
     +32.7 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 48.24 $
(44.75 €)
38.00 $
(35.25 €)
     -21.2 %
1 Pair of Nike Running Shoes (Mid-Range) 101.23 $
(93.92 €)
94.48 $
(87.66 €)
     -6.7 %
1 Pair of Men Leather Business Shoes 169.09 $
(156.87 €)
133.28 $
(123.65 €)
     -21.2 %
Rent Per Month
New York, NY Edit Munich Edit
Apartment (1 bedroom) in City Centre 4,350.00 $
(4,035.71 €)
1,619.05 $
(1,502.07 €)
     -62.8 %
Apartment (1 bedroom) Outside of Centre 2,895.30 $
(2,686.11 €)
1,278.08 $
(1,185.74 €)
     -55.9 %
Apartment (3 bedrooms) in City Centre 8,779.04 $
(8,144.75 €)
2,746.02 $
(2,547.62 €)
     -68.7 %
Apartment (3 bedrooms) Outside of Centre 4,625.19 $
(4,291.02 €)
2,235.82 $
(2,074.29 €)
     -51.7 %
Buy Apartment Price
New York, NY Edit Munich Edit
Price per Square Feet to Buy Apartment in City Centre 1,710.37 $
(1,586.80 €)
1,082.32 $
(1,004.12 €)
     -36.7 %
Price per Square Feet to Buy Apartment Outside of Centre 1,142.75 $
(1,060.18 €)
785.48 $
(728.73 €)
     -31.3 %
Salaries And Financing
New York, NY Edit Munich Edit
Average Monthly Net Salary (After Tax) 5,903.58 $
(5,477.05 €)
3,631.74 $
(3,369.35 €)
     -38.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.74 3.72      -44.8 %
Last update: May 2024May 2024
Contributors in the past 12 months:492433