The cost of living in Munich is basically tied with Berlin for the highest in Germany. In the 2023 Mercer Cost of Living Survey, Munich ranked 38th out of 227 cities across the world, ranking roughly as expensive as Brussels and Paris.

While housing and utility costs are quite high, expats can save money using public transport to get around the city. They'll also need to factor in the cost of compulsory health insurance. And while expats with children can send them to free public or bilingual schools, those that opt for international schooling should try to negotiate an allowance in their employment contract to cover the high costs.


Cost of accommodation in Munich

The biggest expense for expats in Munich is likely to be the cost of accommodation, though rental prices vary quite dramatically, depending on the time of year and area.

Naturally, expats with families can expect to pay more for a larger property. Also, given that Munich is a university city, the chances of finding reasonably priced accommodation are reduced because of the high demand for student housing.


Cost of groceries in Munich

Expats can expect groceries in Munich to cost around the same as they would in most European cities, but North American expats are likely to find food products cost slightly more than they are used to. The cost of entertainment and eating out depends on one's personal preferences, but it can be fairly pricey.


Cost of entertainment and eating out in Munich

As a university city and a major German arts and culture centre, Munich has an exciting lifestyle to suit people from all walks of life. Beer gardens are particularly popular in Munich, but the city is also home to many restaurants offering plenty of culinary delights at different price points. 

There are also a fair few sports clubs and gyms available throughout Munich, but these come at a cost. Budget-conscious expats will still be able to see that the city is home to many free or affordable green spaces while the Alps are under two hours away. 


Cost of transport in Munich

Munich has an extensive public transport system. Monthly passes are reasonable by European standards, depending on how many zones the cardholder needs to travel through.

Cycling is another option for getting around and is the transport of choice for many of the city's residents, especially students. It's an environmentally-friendly way to get around, and cyclists don't have to pay parking fees. 

Most residents cycle or use public transport rather than drive. Expats who choose to drive in Munich will find that cars are fairly expensive even though petrol prices are reasonable. Car insurance can also be quite high, and parking is often difficult to find, so costs can add up.


Cost of healthcare in Munich

As is the case throughout Germany, private healthcare in Munich is quite pricey. Luckily, expats who are employed by German companies are entitled to public healthcare. Anyone earning less than a certain amount per month is automatically entered into the state healthcare scheme, and their healthcare contributions are split with their employer. 

Expats earning more than the threshold will need to invest in private health insurance. Some employers may be willing to contribute to private health insurance, and it's something worth discussing in the contract negotiation process.


Cost of education in Munich

There are two options for education in Munich: public schools and international schools. Fees at German public schools are low or non-existent, but expat students will need to overcome the language barrier.

There are several international schools in Munich which can be a great alternative option, but their fees are expensive.


Cost of living in Munich chart

Note that prices may vary depending on product and service provider. The list below shows average prices for Munich in May 2023.

Accommodation (monthly rent)

Three-bedroom apartment in the city centre

EUR 2,500

Three-bedroom apartment outside the city centre

EUR 1,830

One-bedroom apartment in the city centre

EUR 1,400

One-bedroom apartment outside the city centre

EUR 1,830

Food and drink

Dozen eggs

EUR 3.41

Milk (1 litre)

EUR 1.31

Rice (1kg)

EUR 2.40

Loaf of white bread

EUR 2

Chicken breasts (1kg)

EUR 11

Pack of cigarettes (Marlboro)

EUR 7.85

Eating out

Three-course meal for two at a mid-range restaurant

EUR 68

Big Mac meal

EUR 9.75

Coca-Cola (330ml)

EUR 3.27

Cappuccino

EUR 3.62

Bottle of beer (local)

EUR 4.50

Utilities/household

Mobile call rate (per minute – mobile to mobile)

EUR 0.11

Internet (uncapped ADSL or cable – average per month)

EUR 37

Basic utilities (average per month for a standard household)

EUR 308

Transportation

Taxi rate/km

EUR 2.08

City-centre public transport fare

EUR 3.70

Gasoline (per litre)

EUR 1.92

Expat Health Insurance

Cigna Health Insurance -

Cigna Global Health Insurance.

Medical insurance specifically designed for expats. With Cigna, you won't have to rely on foreign public health care systems, which may not meet your needs. Cigna allows you to speak to a doctor on demand, for consultations or instant advice, wherever you are in the world. They also offer full cancer care across all levels of cover, and settle the cost of treatments directly with the provider.

Get a quote from Cigna Global

Moving Internationally?

Sirelo logo

International Movers. Get Quotes. Compare Prices.

Sirelo has a network of more than 500 international removal companies that can move your furniture and possessions to your new home. By filling in a form, you’ll get up to 5 quotes from recommended movers. This service is free of charge and will help you select an international moving company that suits your needs and budget.

Get your free no-obligation quotes from select removal companies now!