Germany's most expensive city with a strong economy driven by automotive, tech, and insurance industries.
Munich is 25% above the European average of €6,560/m² and 22% above the Germany average of €6,733/m².
At €8,200/m², it takes 2.7 months of the average local net salary (€3,000/mo) to purchase one square meter. Prices are currently falling at 1.8% year-over-year.