Cost of Living Comparison Between Miami, FL and Munich 

Indices DifferenceInfo
Consumer Prices in Munich are 12.2% lower than in Miami, FL (without rent)
Consumer Prices Including Rent in Munich are 27.5% lower than in Miami, FL
Rent Prices in Munich are 45.3% lower than in Miami, FL
Restaurant Prices in Munich are 26.1% lower than in Miami, FL
Groceries Prices in Munich are 14.0% lower than in Miami, FL
Local Purchasing Power in Munich is 20.4% higher than in Miami, FL
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Miami, FL Edit Munich Edit Difference
Meal, Inexpensive Restaurant 25.00 $
(23.33 €)
16.08 $
(15.00 €)
     -35.7 %
Meal for 2 People, Mid-range Restaurant, Three-course 100.00 $
(93.31 €)
77.70 $
(72.50 €)
     -22.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $
(11.20 €)
10.72 $
(10.00 €)
     -10.7 %
Domestic Beer (1 pint draught) 7.00 $
(6.53 €)
4.82 $
(4.50 €)
     -31.1 %
Imported Beer (12 oz small bottle) 8.00 $
(7.46 €)
4.82 $
(4.50 €)
     -39.7 %
Cappuccino (regular) 4.82 $
(4.49 €)
4.00 $
(3.73 €)
     -17.0 %
Coke/Pepsi (12 oz small bottle) 2.69 $
(2.51 €)
3.30 $
(3.08 €)
     +22.6 %
Water (12 oz small bottle) 2.14 $
(2.00 €)
2.78 $
(2.59 €)
     +29.6 %
Markets
Miami, FL Edit Munich Edit
Milk (regular), (1 gallon) 4.42 $
(4.12 €)
4.69 $
(4.38 €)
     +6.3 %
Loaf of Fresh White Bread (1 lb) 3.28 $
(3.06 €)
2.26 $
(2.11 €)
     -31.0 %
Rice (white), (1 lb) 1.78 $
(1.66 €)
1.29 $
(1.20 €)
     -27.6 %
Eggs (regular) (12) 3.89 $
(3.63 €)
3.39 $
(3.16 €)
     -12.7 %
Local Cheese (1 lb) 6.05 $
(5.65 €)
6.24 $
(5.82 €)
     +3.1 %
Chicken Fillets (1 lb) 4.75 $
(4.43 €)
6.11 $
(5.70 €)
     +28.6 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.50 $
(6.06 €)
7.84 $
(7.31 €)
     +20.6 %
Apples (1 lb) 2.58 $
(2.41 €)
1.32 $
(1.23 €)
     -48.8 %
Banana (1 lb) 0.86 $
(0.80 €)
0.75 $
(0.70 €)
     -12.4 %
Oranges (1 lb) 1.68 $
(1.57 €)
1.12 $
(1.04 €)
     -33.3 %
Tomato (1 lb) 2.03 $
(1.89 €)
1.50 $
(1.40 €)
     -25.9 %
Potato (1 lb) 1.08 $
(1.01 €)
0.79 $
(0.74 €)
     -26.7 %
Onion (1 lb) 1.38 $
(1.29 €)
0.84 $
(0.79 €)
     -38.7 %
Lettuce (1 head) 2.56 $
(2.39 €)
1.93 $
(1.80 €)
     -24.5 %
Water (1.5 liter bottle) 2.07 $
(1.93 €)
0.92 $
(0.86 €)
     -55.4 %
Bottle of Wine (Mid-Range) 12.99 $
(12.12 €)
6.42 $
(5.99 €)
     -50.6 %
Domestic Beer (0.5 liter bottle) 2.00 $
(1.86 €)
1.02 $
(0.95 €)
     -49.1 %
Imported Beer (12 oz small bottle) 2.37 $
(2.21 €)
1.71 $
(1.60 €)
     -27.7 %
Cigarettes 20 Pack (Marlboro) 9.00 $
(8.40 €)
8.79 $
(8.20 €)
     -2.4 %
Transportation
Miami, FL Edit Munich Edit
One-way Ticket (Local Transport) 2.25 $
(2.10 €)
3.97 $
(3.70 €)
     +76.2 %
Monthly Pass (Regular Price) 115.00 $
(107.30 €)
52.52 $
(49.00 €)
     -54.3 %
Taxi Start (Normal Tariff) 2.98 $
(2.78 €)
5.89 $
(5.50 €)
     +98.1 %
Taxi 1 mile (Normal Tariff) 2.10 $
(1.96 €)
3.97 $
(3.70 €)
     +88.9 %
Taxi 1hour Waiting (Normal Tariff) 24.00 $
(22.39 €)
38.58 $
(36.00 €)
     +60.8 %
Gasoline (1 gallon) 3.48 $
(3.24 €)
7.41 $
(6.92 €)
     +113.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,000.00 $
(32,656.82 €)
29,130.21 $
(27,180.00 €)
     -16.8 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24,955.19 $
(23,284.49 €)
29,607.14 $
(27,625.00 €)
     +18.6 %
Utilities (Monthly)
Miami, FL Edit Munich Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 170.11 $
(158.72 €)
303.30 $
(283.00 €)
     +78.3 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 56.94 $
(53.13 €)
21.59 $
(20.14 €)
     -62.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 61.83 $
(57.69 €)
39.94 $
(37.26 €)
     -35.4 %
Sports And Leisure
Miami, FL Edit Munich Edit
Fitness Club, Monthly Fee for 1 Adult 68.17 $
(63.60 €)
46.65 $
(43.52 €)
     -31.6 %
Tennis Court Rent (1 Hour on Weekend) 23.86 $
(22.26 €)
28.07 $
(26.19 €)
     +17.6 %
Cinema, International Release, 1 Seat 15.00 $
(14.00 €)
13.93 $
(13.00 €)
     -7.1 %
Childcare
Miami, FL Edit Munich Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,162.50 $
(1,084.67 €)
897.49 $
(837.41 €)
     -22.8 %
International Primary School, Yearly for 1 Child 28,333.33 $
(26,436.47 €)
15,620.78 $
(14,575.00 €)
     -44.9 %
Clothing And Shoes
Miami, FL Edit Munich Edit
1 Pair of Jeans (Levis 501 Or Similar) 46.50 $
(43.39 €)
89.40 $
(83.42 €)
     +92.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 43.12 $
(40.24 €)
34.49 $
(32.18 €)
     -20.0 %
1 Pair of Nike Running Shoes (Mid-Range) 80.28 $
(74.90 €)
89.47 $
(83.48 €)
     +11.5 %
1 Pair of Men Leather Business Shoes 96.67 $
(90.20 €)
118.73 $
(110.78 €)
     +22.8 %
Rent Per Month
Miami, FL Edit Munich Edit
Apartment (1 bedroom) in City Centre 2,784.86 $
(2,598.42 €)
1,567.52 $
(1,462.58 €)
     -43.7 %
Apartment (1 bedroom) Outside of Centre 2,129.68 $
(1,987.10 €)
1,229.53 $
(1,147.21 €)
     -42.3 %
Apartment (3 bedrooms) in City Centre 5,402.90 $
(5,041.18 €)
2,690.35 $
(2,510.23 €)
     -50.2 %
Apartment (3 bedrooms) Outside of Centre 3,693.74 $
(3,446.45 €)
2,172.47 $
(2,027.03 €)
     -41.2 %
Buy Apartment Price
Miami, FL Edit Munich Edit
Price per Square Feet to Buy Apartment in City Centre 575.52 $
(536.99 €)
1,015.63 $
(947.64 €)
     +76.5 %
Price per Square Feet to Buy Apartment Outside of Centre 359.55 $
(335.48 €)
748.13 $
(698.05 €)
     +108.1 %
Salaries And Financing
Miami, FL Edit Munich Edit
Average Monthly Net Salary (After Tax) 4,289.41 $
(4,002.24 €)
3,743.63 $
(3,493.00 €)
     -12.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.57 3.40      -48.2 %
Last update: April 2024April 2024
Contributors in the past 12 months:150423