Cost of living comparison
Monaco is 2.4 times more expensive than Hong Kong.
If you lived in Monaco instead of Hong Kong, you would:
pay 4.8 times more for restaurants
Hong Kong
|
Monaco
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$7.64
HK$59.73
|
$41.23
€38.25
|
|
Fast food combo meal
McDonalds, or similar
|
$5.73
HK$44.80
|
$10.44
€9.69
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.23
HK$9.60
|
$5.94
€5.51
|
|
Bottle of water (11 fl. oz) |
$1.11
HK$8.64
|
$7.70
€7.15
|
|
pay 13.5% more for groceries
Hong Kong
|
Monaco
|
||
---|---|---|---|
Bread
1 loaf
|
$2.29
HK$17.87
|
$3.80
€3.53
|
|
Local cheese (8 oz) |
$12.63
HK$98.70
|
$10.72
€9.95
|
|
Milk (1 gallon) |
$11.66
HK$91.11
|
$8.50
€7.88
|
|
Eggs
1 dozen
|
$3.47
HK$27.09
|
$4.29
€3.98
|
|
Boneless chicken breast (1 lb) |
$4.48
HK$35.01
|
$6.64
€6.16
|
|
Apples (1 lb) |
$2.03
HK$15.87
|
$1.33
€1.23
|
|
Bananas (1 lb) |
$1.13
HK$8.85
|
$1.99
€1.85
|
|
Oranges (1 lb) |
$1.75
HK$13.70
|
$0.71
€0.66
|
|
Tomatoes (1 lb) |
$1.35
HK$10.53
|
$1.87
€1.74
|
|
Potatoes (1 lb) |
$1.21
HK$9.44
|
$1.37
€1.27
|
|
Onions (1 lb) |
$1.18
HK$9.20
|
$1.39
€1.29
|
|
pay 14.2% less for transportation
Hong Kong
|
Monaco
|
||
---|---|---|---|
Gasoline (1 gallon) |
$10.64
HK$83.18
|
$8.27
€7.67
|
|
Monthly public transit pass |
$63.70
HK$497.78
|
$38.21
€35.45
|
|
New Volkswagen Golf 1.4 (standard edition) |
$33,122.07
HK$258,844.04
|
$21,988.99
€20,400.29
|
|
Taxi trip in downtown area (5 miles) |
$13.12
HK$102.54
|
$18.25
€16.93
|
|
pay 2.8 times more for housing
Hong Kong
|
Monaco
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$23.34
HK$182.39
|
$107.38
€99.62
|
|
1-Bedroom apartment in downtown area |
$2,288.41
HK$17,883.55
|
$5,818.99
€5,398.57
|
|
1-Bedroom apartment outside city center |
$1,628.63
HK$12,727.47
|
$4,384.68
€4,067.89
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$157.03
HK$1,227.20
|
$226.60
€210.23
|
|
pay 2.8 times more for childcare
Hong Kong
|
Monaco
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$771.50
HK$6,029.17
|
$3,518.24
€3,264.05
|
|
Middle school for 1 child, two semesters |
$18,861.18
HK$147,397.30
|
$19,240.37
€17,850.25
|
|
pay 2.5 times more for entertainment and sports
Hong Kong
|
Monaco
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$6.37
HK$49.78
|
$8.80
€8.16
|
|
Cappuccino in mid-range area |
$5.02
HK$39.24
|
$4.42
€4.10
|
|
Pack of cigarettes
Marlboro or similar
|
$8.28
HK$64.71
|
$12.09
€11.22
|
|
Monthly membership at local gym |
$79.37
HK$620.23
|
$604.70
€561.01
|
|
Movie ticket to theater/cinema |
$12.74
HK$99.56
|
$13.19
€12.24
|
|
pay 2.0 times more for clothing
Hong Kong
|
Monaco
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$80.90
HK$632.23
|
$142.47
€132.18
|
|
Regular dress
from H&M or similar store
|
$39.86
HK$311.53
|
$39.03
€36.21
|
|
Running shoes
Nike or Adidas
|
$88.35
HK$690.43
|
$149.66
€138.85
|
|
Men's business shoes (leather) |
$129.40
HK$1,011.25
|
$481.56
€446.77
|
|
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