Cost of living comparison
Monaco is 8.4 times more expensive than Malawi.
If you lived in Monaco instead of Malawi, you would:
pay 8.6 times more for restaurants
Malawi
|
Monaco
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$4.34
MWK7,517.60
|
$40.07
€37.18
|
|
Fast food combo meal
McDonalds, or similar
|
$9.11
MWK15,774.24
|
$11.16
€10.36
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.87
MWK1,515.39
|
$5.85
€5.43
|
|
Bottle of water (11 fl. oz) |
$0.43
MWK753.02
|
$7.58
€7.03
|
|
pay 2.7 times more for groceries
Malawi
|
Monaco
|
||
---|---|---|---|
Bread
1 loaf
|
$1.37
MWK2,372.15
|
$5.05
€4.69
|
|
Local cheese (8 oz) |
$4.82
MWK8,358.12
|
$10.83
€10.05
|
|
Milk (1 gallon) |
$4.53
MWK7,841.80
|
$8.71
€8.08
|
|
Eggs
1 dozen
|
$2.31
MWK4,005.01
|
$4.52
€4.20
|
|
Boneless chicken breast (1 lb) |
$1.93
MWK3,351.15
|
$6.49
€6.02
|
|
Apples (1 lb) |
$1.04
MWK1,798.59
|
$1.88
€1.75
|
|
Bananas (1 lb) |
$0.81
MWK1,408.74
|
$2.25
€2.09
|
|
Oranges (1 lb) |
$1.13
MWK1,951.27
|
$1.66
€1.54
|
|
Tomatoes (1 lb) |
$0.53
MWK916.09
|
$2.46
€2.29
|
|
Potatoes (1 lb) |
$0.72
MWK1,250.36
|
$1.71
€1.58
|
|
Onions (1 lb) |
$0.59
MWK1,019.28
|
$1.78
€1.65
|
|
pay 2.7 times more for transportation
Malawi
|
Monaco
|
||
---|---|---|---|
Gasoline (1 gallon) |
$6.21
MWK10,755.34
|
$8.77
€8.13
|
|
Monthly public transit pass |
$4.32
MWK7,486.95
|
$30.05
€27.88
|
|
New Volkswagen Golf 1.4 (standard edition) |
$35,910.51
MWK62,208,173.61
|
$49,675.27
€46,086.23
|
|
Taxi trip in downtown area (5 miles) |
$20.54
MWK35,582.33
|
$21.66
€20.09
|
|
pay 21.0 times more for housing
Malawi
|
Monaco
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$187.17
MWK324,242.16
|
$88.99
€82.56
|
|
1-Bedroom apartment in downtown area |
$203.55
MWK352,618.77
|
$6,575.69
€6,100.59
|
|
1-Bedroom apartment outside city center |
$99.20
MWK171,849.43
|
$4,417.00
€4,097.87
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$41.38
MWK71,690.27
|
$269.58
€250.10
|
|
pay 14.0 times more for childcare
Malawi
|
Monaco
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$361.94
MWK626,993.11
|
$2,788.69
€2,587.21
|
|
Middle school for 1 child, two semesters |
$1,469.79
MWK2,546,138.55
|
$29,714.46
€27,567.59
|
|
pay 6.2 times more for entertainment and sports
Malawi
|
Monaco
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.12
MWK1,945.99
|
$8.93
€8.29
|
|
Cappuccino in mid-range area |
$2.92
MWK5,061.43
|
$4.85
€4.50
|
|
Pack of cigarettes
Marlboro or similar
|
$1.59
MWK2,748.38
|
$12.18
€11.30
|
|
Monthly membership at local gym |
$51.53
MWK89,268.45
|
$517.80
€480.39
|
|
Movie ticket to theater/cinema |
$3.95
MWK6,843.60
|
$15.16
€14.07
|
|
pay 3.7 times more for clothing
Malawi
|
Monaco
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$45.53
MWK78,872.12
|
$156.40
€145.10
|
|
Regular dress
from H&M or similar store
|
$35.18
MWK60,941.71
|
$65.34
€60.62
|
|
Running shoes
Nike or Adidas
|
$59.57
MWK103,196.99
|
$188.26
€174.66
|
|
Men's business shoes (leather) |
$71.18
MWK123,312.02
|
$451.61
€418.98
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Monaco or Malawi. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.