Cost of Living Comparison Between Munich, Germany And Innsbruck, Austria (2024)

Restaurants

Munich Edit Innsbruck Edit DifferenceMeal, Inexpensive Restaurant16.50€12.50€-24.2 %Meal for 2 People, Mid-range Restaurant, Three-course75.00€55.00€-26.7 %McMeal at McDonalds (or Equivalent Combo Meal)11.00€10.00€-9.1 %Domestic Beer (1 pint draught)4.50€4.50€0.0 %Imported Beer (12 oz small bottle)4.50€4.00€-11.1 %Cappuccino (regular)3.80€3.70€-2.7 %co*ke/Pepsi (12 oz small bottle)3.46€3.00€-13.3 %Water (12 oz small bottle) 3.02€2.33€-22.8 %

Markets

Munich Edit Innsbruck Edit Milk (regular), (1 gallon)4.53€5.26€+16.1 %Loaf of Fresh White Bread (1 lb)1.96€2.35€+19.5 %Rice (white), (1 lb)1.30€1.01€-22.6 %Eggs (regular) (12)3.18€4.20€+32.0 %Local Cheese (1 lb)6.10€6.99€+14.6 %Chicken Fillets (1 lb)5.59€5.10€-8.7 %Beef Round (1 lb) (or Equivalent Back Leg Red Meat)8.13€6.58€-19.1 %Apples (1 lb)1.27€1.15€-9.4 %Banana (1 lb)0.75€0.96€+28.4 %Oranges (1 lb)1.02€1.05€+2.9 %Tomato (1 lb)1.70€1.96€+15.8 %Potato (1 lb)0.70€0.75€+6.2 %Onion (1 lb)0.71€0.75€+5.5 %Lettuce (1 head)1.74€1.36€-21.8 %Water (1.5 liter bottle)0.85€0.67€-20.9 %Bottle of Wine (Mid-Range)5.99€8.50€+41.9 %Domestic Beer (0.5 liter bottle)0.98€1.11€+13.0 %Imported Beer (12 oz small bottle)1.58€1.28€-19.1 %Cigarettes 20 Pack (Marlboro)8.20€6.50€-20.7 %

Transportation

Munich Edit Innsbruck Edit One-way Ticket (Local Transport)3.70€2.80€-24.3 %Monthly Pass (Regular Price)49.00€59.70€+21.8 %Taxi Start (Normal Tariff)5.50€10.65€+93.6 %Taxi 1 mile (Normal Tariff)4.02€3.06€-24.0 %Taxi 1hour Waiting (Normal Tariff)38.00€30.00€-21.1 %Gasoline (1 gallon)6.89€5.86€-14.9 %Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)27,180.00€24,000.00€-11.7 %Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)28,375.00€21,523.00€-24.1 %

Utilities (Monthly)

Munich Edit Innsbruck Edit Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment354.89€288.15€-18.8 %Mobile Phone Monthly Plan with Calls and 10GB+ Data21.44€19.09€-11.0 %Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)38.28€32.75€-14.4 %

Sports And Leisure

Munich Edit Innsbruck Edit Fitness Club, Monthly Fee for 1 Adult49.15€42.14€-14.3 %Tennis Court Rent (1 Hour on Weekend)28.17€28.33€+0.6 %Cinema, International Release, 1 Seat13.00€11.50€-11.5 %

Childcare

Munich Edit Innsbruck Edit Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child840.70€395.00€-53.0 %International Primary School, Yearly for 1 Child14,977.78€13,233.33€-11.6 %

Clothing And Shoes

Munich Edit Innsbruck Edit 1 Pair of Jeans (Levis 501 Or Similar)89.65€104.17€+16.2 %1 Summer Dress in a Chain Store (Zara, H&M, ...)39.07€34.83€-10.8 %1 Pair of Nike Running Shoes (Mid-Range)92.19€102.67€+11.4 %1 Pair of Men Leather Business Shoes128.00€153.80€+20.2 %

Rent Per Month

Munich Edit Innsbruck Edit Apartment (1 bedroom) in City Centre1,443.25€1,133.33€-21.5 %Apartment (1 bedroom) Outside of Centre1,204.14€946.11€-21.4 %Apartment (3 bedrooms) in City Centre2,734.47€1,866.67€-31.7 %Apartment (3 bedrooms) Outside of Centre2,098.72€1,491.67€-28.9 %

Buy Apartment Price

Munich Edit Innsbruck Edit Price per Square Feet to Buy Apartment in City Centre1,052.55€944.51€-10.3 %Price per Square Feet to Buy Apartment Outside of Centre762.87€705.21€-7.6 %

Salaries And Financing

Munich Edit Innsbruck Edit Average Monthly Net Salary (After Tax)3,338.42€2,416.33€-27.6 %Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate3.963.55-10.5 %Last update:September 2024September 2024Contributors in the past 12 months:41036