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International Cost of Living Calculator

We provide international cost of living and hardship data so that you can create reports online (24X7) using any of the calculators:


Expat Salary: Salary purchasing power parity calculator, for simple cost of living comparison and international salary calculation (e.g. to compare a salary offer).


Cost of Living Comparison: Cost of living allowance calculator, compares cost of living and hardship and calculates a cost of living allowance based on the difference.


International Cost of Living Index: Cost of living index calculator, compares multiple locations to a home base (e.g. international offices compared to HQ).


International Assignment: International assignment management calculator, for global mobility managers who use the build-up approach for detailed international assignment salary and allowance calculations.

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Mobility Calculators

Do you need a Cost of Living Comparison Calculator?

The global cost of living calculators have been created to compare the cost of living in every country and major city in the world, to help you manage short and long term assignments (page down for a description of each cost of living calculator):

Cost of Living Allowance
Cost of Living Index
International Assignment Management
Salary Purchasing Power Parity
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International Cost of Living Calculator Pricing


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Annual Subscription = $249 per location (minimum of 2 locations required)


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Location Rankings

Cost of Living Comparison by City and Country


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Location Reviews

Cost of Living Review by City and Country

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Germany, Munich
Overview

Germany, MunichMunich is the capital city of Bavaria and is the third largest city in Germany, after Berlin and Hamburg. Munich has the strongest economy of any German city, as well as the lowest unemployment rate of any German city with more than a million people. The city is also the economic centre of southern Germany.

Germany is in Central Europe, bordering the Baltic Sea and the North Sea, between the Netherlands and Poland, south of Denmark. The climate is temperate and marine with cool, cloudy, wet winters and summers and occasional warm mountain wind.

The official language is German. There are many regional accents and dialects, standard German is understood everywhere. English and French are also spoken in the country's western states while Russian is spoken in eastern states. Locals will appreciate an effort to express basic courtesies in German. The main religion is Christianity.

The economy of Germany is the largest national economy in Europe, the fourth largest by nominal GDP in the world. The service sector contributes around 70% of the total GDP, industry 29.1%, and agriculture 0.9%. Most of the country's products are in engineering, especially in automobiles, machinery, metals, and chemical goods. Germany is the leading producer of wind turbines and solar power technology in the world.

Germans tend to be formal in business and social settings. Punctuality is particularly very important in Germany. Expatriates should address associates by their surname (such as Herr or Frau Beckenbauer) until invited to call them by their first name. Expatriate business dress is a suit for all meetings.

The security risk for expatriates in Germany is low. Risks include low levels of street crime, however violence is unusual, and expats are unlikely to be exposed to crime. There is risk of terrorism.

The currency of Germany is the Euro (EUR). Banking is on a par with that of the rest of Western Europe and North America.

Medical facilities are good, however the cost of treatment for expatriates from outside the EU can be high.

The population of Munich is 2.6 Million (2016 est.), while the inflation rate is 0.3% (2016 est.).


Cost Of Living

The cost of living for expatriates in Munich as at 1 April 2016 is very high in comparison to other places in the world.

In Munich, the cost of each basket, based on local prices, compared to the international average, is categorized follows (Exact cost of living percentages only available in personalised reports):
1) Alcohol (where available) & Tobacco: Very Low
2) Clothing: Very High - Rather get your clothing from Amazon
3) Communication: Very Low
4) Education: Average
5) Furniture & Appliances: High
6) Groceries: High
7) Healthcare: High
8) Household Accommodation: High
9) Miscellaneous: High
10) Personal Care: Very High
11) Recreation & Culture: Very High
12) Restaurants Meals Out and Hotels: Very High
13) Transport: Very High

Munich is for example -20.9% cheaper than Grenada for groceries, -14.5% cheaper for household costs than Saint George's, and 36.5% more expensive for transport costs than Guadeloupe.

Munich is ranked as a minimal hardship location.

The hardship premium for Munich for an expat from Georgetown, is for example -20%, i.e. host location (Munich) premium of 10% minus home (Georgetown) location premium of 30%.

Want to know more about cost of living, hardship or expat pay in Munich? Register subscribe to your home location and Munich and run your personalised reports.

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