Munich is the richest city with the strongest economy in Germany. It’s famous for its high standards of living and a prominent IT sector with a great number of tech jobs for foreign applicants.
IT salaries
The average IT salary in Munich is €4,820 per month (€57,840 per year). This is much more than the minimum base salary for relocation with the Blue Card (€43,056 per year or €3,588 per month).
Average IT salaries in Munich (EUR, before taxes):
- Software developer: 4,200 – 5,864
- Back-end developer: 4,077 – 5,867
- Front-end developer: 3,600 – 5,236
- Full-stack developer: 4,131 – 5,789
- DevOps engineer: 4,256 – 6,018
- Database administrator: 3,848 – 6,052
- Web designer: 2,934 – 4,031
- System administrator: 3,269 – 4,774
- Project manager: 3,981 – 6,102
- QA engineer: 3,883 – 5,921
- Technical writer: 3,711 – 6,303
- Security expert: 4,791 – 7,146
Economy
The unemployment rate in Munich is 2.5% — lower than in Berlin and Hamburg and twice lower than the national average (5.3%). If you’re an experienced IT specialist, you’ll definitely won’t be unemployed for long here.
Important economic sectors in Munich include:
- Biotechnology
- Electronics
- Finance
- Media
- Software
The largest technology companies present in Hamburg include:
- Allianz
- Google
- Intel
- Microsoft
- Siemens
Cost of living
The average prices in Munich (EUR):
- Meal at McDonald’s: 6–9
- Meal at another inexpensive restaurant: 10–15
- Average food basket (milk, bread, eggs, cheese, chicken, apples, potatoes, water, beer): 28
- Monthly fee at a fitness club: 20–60
- Monthly pass: 55–80
- Monthly rent (1 bedroom): 600 – 1,500
- Monthly rent (3 bedrooms): 1,300 – 2,700
- Property prices per square meter: 5,600 – 14,000
- Utilities: 135–350 per month
Travel
Franz Josef Strauss International Airport serves flights to all major cities of Germany and Europe, as well as to Abu Dhabi, Antalya, Baghdad, Beijing, Chicago, Dubai, Istanbul, Hong Kong, Izmir, Kuwait City, Minsk, Moscow, New York, Saint Petersburg, Tel Aviv, Tokyo, and other destinations.
Entertainment
There’s a great choice of cultural and entertainment events and venues in Munich, including Oktoberfest, an English-speaking theater, various museums, galleries, cinemas, concerts, exhibitions, nightclubs, and concerts.