Munich, Germany

Capital City

At 167,000 people, Munich is Germany's third-largest city - and for good reason. The economic powerhouse boasts a high standard of living, low unemployment, and a thriving tech and finance scene. However, its prosperity comes at a cost: Munich has some of the country's highest rents and real estate prices, and the bureaucracy can be a persistent headache. With its proximity to the Alps bringing higher rainfall and flood risks, the weather is also something to consider. Overall, Munich offers an appealing lifestyle, but the steep costs and hassles make it best suited for those with deep pockets and patience.