Munich Graduate School of Economics

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Living in the City of Munich

The Ludwig-Maximilians-University is located in one of the most beautiful cities in Germany. According to several worldwide and German surveys, Munich offers one of highest standards in quality of living (Mercer survey, QS Best Student City Rankings, Forbes).

First of all, Munich's sprawling parks such as the “English Garden” or the “Olympic-Park” make it a very green city. In addition, Munich is well known for its variety of museums, theatres and  cultural events. Moreover, the lovely Bavarian environment with beautiful lakes and the nearby Alps - visible from the university on bright days - offers a wide range of recreational activities in both summer and winter time. Each year at the end of September, Munich hosts the world famous Oktoberfest.

Munich, with its 1.5 million inhabitants, is the political, cultural, and economic capital of Bavaria. It is an insurance, high tech and media hub, housing a wide range of SMEs as well as worldwide renowned companies such as Allianz, Munich Re, BMW, or Siemens.

The economic boost of the last decade has made Munich one of Germany's most prosperous cities. For that reason, living expenses are relatively high compared with the rest of Germany. A single apartment in the city costs around 700€-1000€. Private rooms in shared flats cost around 500-800€.