Cost of living comparison
Italy is 39.9% cheaper than Monaco.
If you lived in Italy instead of Monaco, you would:
pay 46.1% less for restaurants
Monaco
|
Italy
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$27.49
€25.50
|
$15.74
€14.61
|
|
Fast food combo meal
McDonalds, or similar
|
$9.90
€9.18
|
$9.09
€8.43
|
|
Bottle of Coca-Cola (11 fl. oz) |
$5.17
€4.79
|
$2.45
€2.27
|
|
Bottle of water (11 fl. oz) |
$6.10
€5.66
|
$1.16
€1.07
|
|
pay 17.2% less for groceries
Monaco
|
Italy
|
||
---|---|---|---|
Bread
1 loaf
|
$4.12
€3.83
|
$1.86
€1.72
|
|
Local cheese (8 oz) |
$7.70
€7.14
|
$7.20
€6.68
|
|
Milk (1 gallon) |
$7.28
€6.76
|
$4.88
€4.53
|
|
Eggs
1 dozen
|
$3.26
€3.03
|
$3.14
€2.92
|
|
Boneless chicken breast (1 lb) |
$4.99
€4.63
|
$4.47
€4.14
|
|
Apples (1 lb) |
$0.83
€0.77
|
$0.96
€0.89
|
|
Bananas (1 lb) |
$1.00
€0.93
|
$0.84
€0.78
|
|
Oranges (1 lb) |
$0.91
€0.85
|
$0.94
€0.87
|
|
Tomatoes (1 lb) |
$1.75
€1.62
|
$1.20
€1.11
|
|
Potatoes (1 lb) |
$0.75
€0.69
|
$0.65
€0.60
|
|
Onions (1 lb) |
$1.16
€1.08
|
$0.71
€0.66
|
|
pay 5.5% more for transportation
Monaco
|
Italy
|
||
---|---|---|---|
Gasoline (1 gallon) |
$7.63
€7.08
|
$8.02
€7.44
|
|
Monthly public transit pass |
$39.58
€36.72
|
$38.40
€35.62
|
|
New Volkswagen Golf 1.4 (standard edition) |
$21,988.99
€20,400.29
|
$25,887.08
€24,016.74
|
|
Taxi trip in downtown area (5 miles) |
$18.25
€16.93
|
$18.65
€17.30
|
|
pay 58.3% less for housing
Monaco
|
Italy
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$77.33
€71.74
|
$30.75
€28.52
|
|
1-Bedroom apartment in downtown area |
$5,728.44
€5,314.56
|
$608.10
€564.17
|
|
1-Bedroom apartment outside city center |
$3,664.83
€3,400.05
|
$488.80
€453.49
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$146.95
€136.33
|
$151.72
€140.76
|
|
pay 71.6% less for childcare
Monaco
|
Italy
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$3,518.24
€3,264.05
|
$459.30
€426.11
|
|
Middle school for 1 child, two semesters |
$21,988.99
€20,400.29
|
$9,604.44
€8,910.52
|
|
pay 53.6% less for entertainment and sports
Monaco
|
Italy
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$7.70
€7.14
|
$4.83
€4.48
|
|
Cappuccino in mid-range area |
$4.74
€4.40
|
$1.60
€1.48
|
|
Pack of cigarettes
Marlboro or similar
|
$10.99
€10.20
|
$6.30
€5.85
|
|
Monthly membership at local gym |
$659.67
€612.01
|
$51.79
€48.05
|
|
Movie ticket to theater/cinema |
$13.19
€12.24
|
$9.32
€8.65
|
|
pay 38.0% less for clothing
Monaco
|
Italy
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$132.67
€123.08
|
$80.37
€74.56
|
|
Regular dress
from H&M or similar store
|
$34.08
€31.62
|
$36.54
€33.90
|
|
Running shoes
Nike or Adidas
|
$153.65
€142.55
|
$89.56
€83.09
|
|
Men's business shoes (leather) |
$523.34
€485.53
|
$114.84
€106.55
|
|
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