Cost of living comparison
Monaco is 10.8 times more expensive than Nigeria.
If you lived in Monaco instead of Nigeria, you would:
pay 19.1 times more for restaurants
Nigeria
|
Monaco
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$1.64
NGN2,337.84
|
$41.23
€38.25
|
|
Fast food combo meal
McDonalds, or similar
|
$5.58
NGN7,945.33
|
$10.44
€9.69
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.35
NGN505.11
|
$5.94
€5.51
|
|
Bottle of water (11 fl. oz) |
$0.24
NGN336.32
|
$7.70
€7.15
|
|
pay 2.7 times more for groceries
Nigeria
|
Monaco
|
||
---|---|---|---|
Bread
1 loaf
|
$1.05
NGN1,494.68
|
$3.80
€3.53
|
|
Local cheese (8 oz) |
$1.55
NGN2,202.54
|
$10.72
€9.95
|
|
Milk (1 gallon) |
$9.26
NGN13,189.19
|
$8.50
€7.88
|
|
Eggs
1 dozen
|
$1.87
NGN2,659.86
|
$4.29
€3.98
|
|
Boneless chicken breast (1 lb) |
$1.68
NGN2,397.96
|
$6.64
€6.16
|
|
Apples (1 lb) |
$1.57
NGN2,243.04
|
$1.33
€1.23
|
|
Bananas (1 lb) |
$0.70
NGN993.68
|
$1.99
€1.85
|
|
Oranges (1 lb) |
$0.53
NGN748.84
|
$0.71
€0.66
|
|
Tomatoes (1 lb) |
$0.71
NGN1,012.24
|
$1.87
€1.74
|
|
Potatoes (1 lb) |
$0.78
NGN1,108.10
|
$1.37
€1.27
|
|
Onions (1 lb) |
$0.60
NGN861.87
|
$1.39
€1.29
|
|
pay 2.8 times more for transportation
Nigeria
|
Monaco
|
||
---|---|---|---|
Gasoline (1 gallon) |
$1.37
NGN1,946.29
|
$8.27
€7.67
|
|
Monthly public transit pass |
$23.20
NGN33,059.48
|
$38.21
€35.45
|
|
New Volkswagen Golf 1.4 (standard edition) |
$14,662.06
NGN20,891,966.97
|
$21,988.99
€20,400.29
|
|
Taxi trip in downtown area (5 miles) |
$9.37
NGN13,352.69
|
$18.25
€16.93
|
|
pay 8.7 times more for housing
Nigeria
|
Monaco
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$40.44
NGN57,622.46
|
$107.38
€99.62
|
|
1-Bedroom apartment in downtown area |
$814.72
NGN1,160,898.75
|
$5,818.99
€5,398.57
|
|
1-Bedroom apartment outside city center |
$414.25
NGN590,259.36
|
$4,384.68
€4,067.89
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$15.73
NGN22,407.42
|
$226.60
€210.23
|
|
pay 26.3 times more for childcare
Nigeria
|
Monaco
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$82.01
NGN116,852.01
|
$3,518.24
€3,264.05
|
|
Middle school for 1 child, two semesters |
$1,992.54
NGN2,839,170.25
|
$19,240.37
€17,850.25
|
|
pay 10.7 times more for entertainment and sports
Nigeria
|
Monaco
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$0.75
NGN1,065.08
|
$8.80
€8.16
|
|
Cappuccino in mid-range area |
$1.87
NGN2,670.86
|
$4.42
€4.10
|
|
Pack of cigarettes
Marlboro or similar
|
$0.96
NGN1,363.61
|
$12.09
€11.22
|
|
Monthly membership at local gym |
$24.54
NGN34,964.21
|
$604.70
€561.01
|
|
Movie ticket to theater/cinema |
$5.83
NGN8,308.97
|
$13.19
€12.24
|
|
pay 5.3 times more for clothing
Nigeria
|
Monaco
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$16.79
NGN23,919.03
|
$142.47
€132.18
|
|
Regular dress
from H&M or similar store
|
$22.52
NGN32,084.44
|
$39.03
€36.21
|
|
Running shoes
Nike or Adidas
|
$46.88
NGN66,805.37
|
$149.66
€138.85
|
|
Men's business shoes (leather) |
$60.60
NGN86,353.71
|
$481.56
€446.77
|
|
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