Cost of living comparison
Monaco is 4.1 times more expensive than South Korea.
If you lived in Monaco instead of South Korea, you would:
pay 5.7 times more for restaurants
South Korea
|
Monaco
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$6.44
₩8,836
|
$40.07
€37.18
|
|
Fast food combo meal
McDonalds, or similar
|
$5.49
₩7,522
|
$11.16
€10.36
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.39
₩1,905
|
$5.85
€5.43
|
|
Bottle of water (11 fl. oz) |
$0.74
₩1,011
|
$7.58
€7.03
|
|
pay 38.1% more for groceries
South Korea
|
Monaco
|
||
---|---|---|---|
Bread
1 loaf
|
$2.87
₩3,934
|
$5.05
€4.69
|
|
Local cheese (8 oz) |
$6.02
₩8,253
|
$10.83
€10.05
|
|
Milk (1 gallon) |
$7.79
₩10,684
|
$8.71
€8.08
|
|
Eggs
1 dozen
|
$3.21
₩4,404
|
$4.52
€4.20
|
|
Boneless chicken breast (1 lb) |
$2.83
₩3,881
|
$6.49
€6.02
|
|
Apples (1 lb) |
$2.76
₩3,788
|
$1.88
€1.75
|
|
Bananas (1 lb) |
$1.39
₩1,905
|
$2.25
€2.09
|
|
Oranges (1 lb) |
$2.49
₩3,413
|
$1.66
€1.54
|
|
Tomatoes (1 lb) |
$2.03
₩2,784
|
$2.46
€2.29
|
|
Potatoes (1 lb) |
$1.69
₩2,317
|
$1.71
€1.58
|
|
Onions (1 lb) |
$1.10
₩1,507
|
$1.78
€1.65
|
|
pay 69.6% more for transportation
South Korea
|
Monaco
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.58
₩6,274
|
$8.77
€8.13
|
|
Monthly public transit pass |
$48.21
₩66,107
|
$30.05
€27.88
|
|
New Volkswagen Golf 1.4 (standard edition) |
$27,876.80
₩38,221,885
|
$49,675.27
€46,086.23
|
|
Taxi trip in downtown area (5 miles) |
$8.80
₩12,065
|
$21.66
€20.09
|
|
pay 8.9 times more for housing
South Korea
|
Monaco
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$20.28
₩27,801
|
$88.99
€82.56
|
|
1-Bedroom apartment in downtown area |
$421.68
₩578,164
|
$6,575.69
€6,100.59
|
|
1-Bedroom apartment outside city center |
$330.55
₩453,223
|
$4,417.00
€4,097.87
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$129.93
₩178,142
|
$269.58
€250.10
|
|
pay 4.4 times more for childcare
South Korea
|
Monaco
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$386.50
₩529,932
|
$2,788.69
€2,587.21
|
|
Middle school for 1 child, two semesters |
$18,893.14
₩25,904,383
|
$29,714.46
€27,567.59
|
|
pay 4.0 times more for entertainment and sports
South Korea
|
Monaco
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.93
₩4,011
|
$8.93
€8.29
|
|
Cappuccino in mid-range area |
$3.45
₩4,733
|
$4.85
€4.50
|
|
Pack of cigarettes
Marlboro or similar
|
$3.33
₩4,571
|
$12.18
€11.30
|
|
Monthly membership at local gym |
$48.95
₩67,116
|
$517.80
€480.39
|
|
Movie ticket to theater/cinema |
$9.82
₩13,470
|
$15.16
€14.07
|
|
pay 2.8 times more for clothing
South Korea
|
Monaco
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$62.63
₩85,878
|
$156.40
€145.10
|
|
Regular dress
from H&M or similar store
|
$43.35
₩59,433
|
$65.34
€60.62
|
|
Running shoes
Nike or Adidas
|
$72.22
₩99,020
|
$188.26
€174.66
|
|
Men's business shoes (leather) |
$98.82
₩135,486
|
$451.61
€418.98
|
|
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