Cost of living comparison
Monaco is 3.2 times more expensive than Italy.
If you lived in Monaco instead of Italy, you would:
pay 3.1 times more for restaurants
Italy
|
Monaco
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$15.81
€14.67
|
$40.07
€37.18
|
|
Fast food combo meal
McDonalds, or similar
|
$10.17
€9.44
|
$11.16
€10.36
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.51
€2.33
|
$5.85
€5.43
|
|
Bottle of water (11 fl. oz) |
$1.21
€1.12
|
$7.58
€7.03
|
|
pay 92.8% more for groceries
Italy
|
Monaco
|
||
---|---|---|---|
Bread
1 loaf
|
$2.05
€1.91
|
$5.05
€4.69
|
|
Local cheese (8 oz) |
$6.81
€6.32
|
$10.83
€10.05
|
|
Milk (1 gallon) |
$5.59
€5.18
|
$8.71
€8.08
|
|
Eggs
1 dozen
|
$3.41
€3.16
|
$4.52
€4.20
|
|
Boneless chicken breast (1 lb) |
$5.01
€4.65
|
$6.49
€6.02
|
|
Apples (1 lb) |
$0.96
€0.89
|
$1.88
€1.75
|
|
Bananas (1 lb) |
$0.86
€0.80
|
$2.25
€2.09
|
|
Oranges (1 lb) |
$1.00
€0.93
|
$1.66
€1.54
|
|
Tomatoes (1 lb) |
$1.28
€1.19
|
$2.46
€2.29
|
|
Potatoes (1 lb) |
$0.76
€0.70
|
$1.71
€1.58
|
|
Onions (1 lb) |
$0.70
€0.65
|
$1.78
€1.65
|
|
pay 23.3% more for transportation
Italy
|
Monaco
|
||
---|---|---|---|
Gasoline (1 gallon) |
$7.33
€6.80
|
$8.77
€8.13
|
|
Monthly public transit pass |
$38.24
€35.47
|
$30.05
€27.88
|
|
New Volkswagen Golf 1.4 (standard edition) |
$26,985.59
€25,035.88
|
$49,675.27
€46,086.23
|
|
Taxi trip in downtown area (5 miles) |
$19.55
€18.14
|
$21.66
€20.09
|
|
pay 5.8 times more for housing
Italy
|
Monaco
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$29.86
€27.71
|
$88.99
€82.56
|
|
1-Bedroom apartment in downtown area |
$660.64
€612.90
|
$6,575.69
€6,100.59
|
|
1-Bedroom apartment outside city center |
$504.89
€468.41
|
$4,417.00
€4,097.87
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$158.99
€147.50
|
$269.58
€250.10
|
|
pay 4.2 times more for childcare
Italy
|
Monaco
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$519.28
€481.77
|
$2,788.69
€2,587.21
|
|
Middle school for 1 child, two semesters |
$9,615.09
€8,920.40
|
$29,714.46
€27,567.59
|
|
pay 3.6 times more for entertainment and sports
Italy
|
Monaco
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$4.97
€4.61
|
$8.93
€8.29
|
|
Cappuccino in mid-range area |
$1.67
€1.55
|
$4.85
€4.50
|
|
Pack of cigarettes
Marlboro or similar
|
$6.16
€5.72
|
$12.18
€11.30
|
|
Monthly membership at local gym |
$52.41
€48.63
|
$517.80
€480.39
|
|
Movie ticket to theater/cinema |
$9.51
€8.83
|
$15.16
€14.07
|
|
pay 2.5 times more for clothing
Italy
|
Monaco
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$76.74
€71.20
|
$156.40
€145.10
|
|
Regular dress
from H&M or similar store
|
$34.05
€31.59
|
$65.34
€60.62
|
|
Running shoes
Nike or Adidas
|
$84.06
€77.98
|
$188.26
€174.66
|
|
Men's business shoes (leather) |
$115.51
€107.16
|
$451.61
€418.98
|
|
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