Cost of living comparison
Monaco is 2.6 times more expensive than Canada.
If you lived in Monaco instead of Canada, you would:
pay 2.7 times more for restaurants
Canada
|
Monaco
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$16.50
CA$22.56
|
$40.07
€37.18
|
|
Fast food combo meal
McDonalds, or similar
|
$9.99
CA$13.67
|
$11.16
€10.36
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.03
CA$2.78
|
$5.85
€5.43
|
|
Bottle of water (11 fl. oz) |
$1.66
CA$2.27
|
$7.58
€7.03
|
|
pay 60.0% more for groceries
Canada
|
Monaco
|
||
---|---|---|---|
Bread
1 loaf
|
$2.50
CA$3.42
|
$5.05
€4.69
|
|
Local cheese (8 oz) |
$5.43
CA$7.42
|
$10.83
€10.05
|
|
Milk (1 gallon) |
$7.95
CA$10.87
|
$8.71
€8.08
|
|
Eggs
1 dozen
|
$3.36
CA$4.59
|
$4.52
€4.20
|
|
Boneless chicken breast (1 lb) |
$5.29
CA$7.23
|
$6.49
€6.02
|
|
Apples (1 lb) |
$1.84
CA$2.52
|
$1.88
€1.75
|
|
Bananas (1 lb) |
$0.64
CA$0.88
|
$2.25
€2.09
|
|
Oranges (1 lb) |
$1.57
CA$2.14
|
$1.66
€1.54
|
|
Tomatoes (1 lb) |
$1.79
CA$2.45
|
$2.46
€2.29
|
|
Potatoes (1 lb) |
$1.18
CA$1.62
|
$1.71
€1.58
|
|
Onions (1 lb) |
$1.18
CA$1.61
|
$1.78
€1.65
|
|
pay 42.7% more for transportation
Canada
|
Monaco
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.40
CA$6.02
|
$8.77
€8.13
|
|
Monthly public transit pass |
$68.18
CA$93.26
|
$30.05
€27.88
|
|
New Volkswagen Golf 1.4 (standard edition) |
$25,034.05
CA$34,242.82
|
$49,675.27
€46,086.23
|
|
Taxi trip in downtown area (5 miles) |
$16.78
CA$22.96
|
$21.66
€20.09
|
|
pay 3.2 times more for housing
Canada
|
Monaco
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$62.83
CA$85.94
|
$88.99
€82.56
|
|
1-Bedroom apartment in downtown area |
$1,250.12
CA$1,709.98
|
$6,575.69
€6,100.59
|
|
1-Bedroom apartment outside city center |
$1,146.12
CA$1,567.72
|
$4,417.00
€4,097.87
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$119.78
CA$163.85
|
$269.58
€250.10
|
|
pay 3.1 times more for childcare
Canada
|
Monaco
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$744.16
CA$1,017.90
|
$2,788.69
€2,587.21
|
|
Middle school for 1 child, two semesters |
$12,218.47
CA$16,713.03
|
$29,714.46
€27,567.59
|
|
pay 3.5 times more for entertainment and sports
Canada
|
Monaco
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$5.30
CA$7.25
|
$8.93
€8.29
|
|
Cappuccino in mid-range area |
$3.57
CA$4.88
|
$4.85
€4.50
|
|
Pack of cigarettes
Marlboro or similar
|
$12.99
CA$17.78
|
$12.18
€11.30
|
|
Monthly membership at local gym |
$43.10
CA$58.95
|
$517.80
€480.39
|
|
Movie ticket to theater/cinema |
$11.26
CA$15.40
|
$15.16
€14.07
|
|
pay 2.8 times more for clothing
Canada
|
Monaco
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$55.23
CA$75.54
|
$156.40
€145.10
|
|
Regular dress
from H&M or similar store
|
$39.78
CA$54.41
|
$65.34
€60.62
|
|
Running shoes
Nike or Adidas
|
$86.57
CA$118.41
|
$188.26
€174.66
|
|
Men's business shoes (leather) |
$103.81
CA$141.99
|
$451.61
€418.98
|
|
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