Cost of Living & Accommodation
While Munich is one of the most attractive cities in Europe and therefore has a higher cost of living, the NEC Accommodations Officer is ready to help students secure affordable, comfortable accommodation.
Options for students include private apartments, shared apartments with other students and student dorms.
The total rent (Warmmiete) includes base rent, electricity, water & general building maintenance expenses, which ranges from € 500 to € 850 per month for a single apartment (with bathroom, shower, kitchen, basement compartment); approximately €20 per month is the average cost for high-speed internet.
Considering that Munich is one of the most expensive and attractive cities in Europe, prices for living are reasonably high. Students should calculate a budget of at least €1000-€1200 per month, the biggest part of which is usually allocated to accommodation costs. The table below provides a short overview of monthly cost of living in Munich:
|Monthly||Academic Year *|
|Single apartment||€ 500 – 850||€ 4,500|
|Food/Groceries||€ 400||€ 3,600|
|Leisure activities||€ 200||€ 1,800|
|Monthly ticket (public transit)||€ 60||€ 360|
|Health insurance||€ 95||€ 855|
|Internet & mobile phone plan||€ 35||€ 315|
|Visit to cinema/museum||€ 15||€ 135|
|Meal in average restaurant||€ 15||€ 135|
*Academic year is calculated with 9-months
Student accommodation in Munich can range in price as follows:
|Accommodation Type||Monthly Rent|
|Room in shared apartment||€ 500 – 600|
|Studio in a private student campus||€ 600 – 800|
|2+ room apartment||€ 1200 – 1600|
|Single apartment||€ 700 – 1200|