Discovering the city of Munich is like tapping into so many secrets coming with it. Founded by monks, Munich isn’t your typical big city with tall skyscrapers around you. You’ll obviously fancy the BMW showrooms there. And if you’re a beer fan, then Oktoberfest will be something you wouldn’t ever miss. If you also happen to figure out why Bavarians only consume them in the mornings, chances are that you’re resonating with the true spirit of a Bavarian. Moving to Munich as an overseas student is fascinating & fun! But as exciting as it may sound, planning your finances may come in between. This handy guide will give you a glimpse into the cost of living in Munich for international students.
There are so many things to do in Munich apart from going to a university, attending lectures, and giving exams. It should be noted that tuition fees aside, students should also consider student accommodation costs, travel & transportation costs, living expenses, insurance and more. On average, the cost of living in Munich for international students ranges between €1,801 to €2,096 per month. Let’s dive deep into what expenses you are most likely to come across and what consumes most of your budget.
Cost Of Living In Munich: A Breakdown
Here’s a monthly breakdown of the essential living costs in Munich for international students –
| Particulars | Expenses (Per Month) |
| Off-Campus Accommodation | €800 |
| On-Campus Accommodation | €370 |
| Transportation | €59 |
| Food | €540 |
| Utilities | €291 |
| Entertainment | €48 |
| Groceries | €28 |
| Clothes | €117 |
| Total Cost of Living with Off-Campus Accommodation | €1,811 |
| Total Cost of Living with On-Campus Accommodation | €2,096 |
| Annual Cost Of Living | €22,596 |
How Much Does It Cost To Study In Munich?
If you are wondering about the student living cost in Munich, then read on. Munich is filled with leading public & private universities attracting students from all over the world. You can save up a lot of money when it comes to tuition fees or education expenses because German public universities are known to offer free education to domestic & international students. The cost of living in Munich for students doesn’t involve just your basic tuition fees, but there are study materials and additional course costs that you may have to account for. By and large, your tuition fees will vary based on your university & course choice along with your eligibility for scholarships or grants.
For example, at the Technical University of Munich, international students are required to pay tuition fees of €1,500 per semester for most Master’s programs. At Ludwig-Maximilians-Universität München, tuition fees for international students are currently set at €129.40 per semester, but this may change in the future.
The Next Big Question: What Are The Costs Involved?
As a student, you’ve already evaluated your educational expenses in Munich. What is the next step while considering the cost of living in Munich for students? Here are the significant costs you will come across when living in Munich.
Rent – The monthly rent amount for a room in a shared apartment
Internet – Average price for 16Mbit flat rate internet
Electricity – Amount for 200Kwh per year
Health Insurance – Amount discounted as per the student special rate
Groceries – Per month shopping expenses for the household
Transportation – A semester ticket’s worth
Here’s what will help you understand how much a student like you would spend on important and necessary things that you will make use of on a daily basis. These together, form the major components of the cost of living in Munich, Germany.
The average rent for student accommodation in Munich tops the list of expenses with an amount ranging from €370 to €800 per month. Thankfully, there are multiple options for students ranging from the on-campus university halls of residence to studios, ensuites, shared flats, and more.
Your transportation costs will average around €59 per month. A pro tip on saving big on transportation costs would be to buy a semester ticket or a year-round ticket for public transportation. You can also avail of student discounts.
The overall cost of your food bills as a student in Munich will be around €540 per month on average. This, however depends on the restaurant/cafe you go to, the food you order or takeaway, and your food choices in general.
Groceries include milk, water, veggies, sauces, bread and many more and they add up to approximately €28 per month. Buying groceries and cooking at your student accommodation would help primarily in savings as compared to going out or takeaways.
Utilities like electricity, water, and internet costs lie within the range of €291 per month on average. While some student houses include utility bills in their rent; some require students to make these bill payments separately. Based on your convenience and budget, you can pick what fits well.
Additional Expenses: Cost Of Living In Munich
You’re a student full of passion, and you obviously wouldn’t want to miss out on a chance to explore the sunniest city of Germany – Munich. It is only natural that you incur other expenses during your stay in the process of unwinding the secrets. The cost of living in Munich, Germany also includes:
- Mobile Phone: While living in Germany as a student, you will need a mode of communication. Moreover, you would need to update your social media as well. Mobile phones do come in handy at such times. You can either use your domestic phone with a new sim or get a new phone there. I suggest you go for the latter due to convenience. The cost of living in Munich involves an amount of 7 euros per month with a flat rate, 1GB mobile data if you get a cell phone.
- Dining Out: The bread, hotdogs, and morning sausages will make you want to dine out occasionally. If you want to feel all Bavarian, then eating an authentic meal at a restaurant will be a part of your stay. A typical meal at an inexpensive restaurant costs about 14 euros. Domestic beer or imported beer would cost around 4 euros. Like Jack Sparrow said – “Drink up me hearties, yo ho!” and save 4 euros for a beersome time.
- Sports And Leisure: You are going to want to join fitness clubs or go to the gym if you’re on the road to staying physically fit. Moreover, during your leisure time wouldn’t a tennis game be refreshing or even going to the cinemas? Yes! Your ticket to refreshment involves spending a tad bit of money. While considering the cost of living in Munich, Germany you will be spending an amount of 41.23 euros for a monthly membership at a fitness club, 22.23 euros per hour for renting a tennis court and 12 euros for a seat watching an international film.
- Clothing And Shoes: You’d want to dress up one day in a coat, or boot suit, and on some days casually and some days in a party mode. While you can get your own clothing from your hometown, sometimes dressing up in the Munich style could be a feel-good factor to lighten your mood. That’s when the Munich cost of living would also involve buying a simple pair of jeans costing 83.64 euros or a summer dress from a chain store for an amount of 41.27 euros. Running shoes cost an average of 93.28 euros, while men’s leather boots cost around 126.93 euros.
Now that you roughly have an idea about the Munich cost of living, prepare yourself for a smooth journey ahead and plan well in advance by maintaining a budget checklist. I really hope this secret was worth knowing!
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I have done Bachelor’s in Culinary Arts from India and completed my graduation in the year 2022 .I am 22 years old. After graduation, I have done 1 year paid internship from USA .Now, I would like to take occupational experience and learn culinary skills and also do masters in Culinary arts.How can I find the college n best course / country where I can persue studying further