In Munich, an average <80m2 apartment 40+ minutes away from the city center costs around 640K EUR. And if you're looking at a decent detached house we're talking about a million at the very least.

Unfortunately doesn't add up when salaries in tech are 55-85k EUR, with net income somewhere around half of that.

But yes, outside of purchasing real estate, cost of living is pretty good relative to quality of life.