Munich is known for much more than its famous Oktoberfest celebration, beer and weisswurst. It’s a city offering high quality of life and vibrant cultural scene, with excellent public services, education, and healthcare.
While it’s one of the most expensive cities in Europe, it offers a wealth of career opportunities, particularly those working in tech industries, with established multinationals like BMW, Siemens and Allianz headquartered there as well as many tech start-ups.
The average cost to rent a two-bedroom apartment in a central location in Munich is around 1,500 euros a month, which is slightly less than Paris in comparison but more expensive than other European cities like Amsterdam and Brussels. The average cost of a cup of coffee is around 3.50 euros.
A single person can expect to take home roughly 60-65% of their gross income, considering income tax, solidarity surcharge and social security contributions. See the below table to compare salaries and estimated net take-home amount.
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