What is the average cost of housing in Munich?

If you are thinking about moving to Munich, cost of living in probably a key consideration. Expats commented about the cost of housing...

"The cost of housing in Munich is generally higher than in other German cities, with prices ranging from medium-term rentals to luxury apartments," said a member in Munich, Germany.

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"Lower here than the SF bay area. Cost is area dependent although Munich has the highest rents in Germany. Rents are now around 1,000 euro for a 2 room apartment (living room and bedroom) cold. You may have to install your own kitchen and lighting. Buying in our area is about 5,000 euro per quadra meter (10,75 sq. ft.) We don't have a car, rent as needed, saves 60-100 per month on garage fees," remarked another expat who made the move to Munich, Germany.

What is the average cost of housing in Munich?

If you live in Munich, newcomers to Munich would love to hear your answer to this question.