The most expensive city in Germany: software development in Munich

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Germany is the largest market in Europe when it comes to demand for software development. Munich is the largest business location in this field. Demand in Munich is correspondingly high, so high that the gap between supply and demand is becoming an increasing problem for some start-ups, SMEs and corporations.

The high concentration of companies dependent on IT personnel in and around Munich means that wages in this area are also rising. Combined with the fact that Munich has been the most expensive city in Germany for 20 years and already pays israel gambling data above-average wages, the implementation of personnel-intensive software projects is very expensive. A software developer in Munich earns an average of 76,500 euros per year, while the national average is only around 63,000 euros. Similar increases can also be observed in other IT and software professions.

This may sound good for software developers at first, but the cost of living here is also significantly higher than in other major cities in the country. However, for companies that hire software developers locally instead of outsourcing them more cheaply, this can be quite expensive, especially for high-risk projects. Companies based in Munich should be aware that Munich developers cost 10 to 20% more than the German average.