Cost of living comparison

Nigeria

compared to

Monaco

Monaco vs. Abuja Cost of Living Summary

Monaco is 5.2 times more expensive than Abuja.

Restaurants: pay 6.4 times more in Monaco
Groceries: pay 58.5% more in Monaco
Transportation: pay 92.5% more in Monaco
Housing: pay 13.4 times more in Monaco
Childcare: pay 26.2 times more in Monaco
Entertainment and Sports: pay 4.1 times more in Monaco
Clothing: pay 3.3 times more in Monaco

The cost of childcare, housing, restaurants, entertainment and sports, clothing, and transportation in Monaco are more expensive than in Abuja. Notably, childcare, housing, and restaurants are significantly more expensive in Monaco.

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Monaco vs. Abuja Cost Breakdown

If you lived in Monaco instead of Abuja, you would:

Display currency: USD

pay 6.4 times more for restaurants

	Abuja	Monaco
Basic meal with drink at inexpensive restaurant	$2.00 NGN2,662.42	$19.60 €17.44	+879.8%
Fast food combo meal McDonalds, or similar	$4.00 NGN5,324.84	$12.32 €10.96	+207.9%
Bottle of Coca-Cola (11 fl. oz)	$0.49 NGN650.79	$6.08 €5.41	+1144.5%
Bottle of water (11 fl. oz)	$0.70 NGN928.07	$4.48 €3.99	+542.5%
Average			+541.6%

Abuja vs. Monaco - Cost of restaurants

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pay 58.5% more for groceries

	Abuja	Monaco
Bread 1 loaf	$1.32 NGN1,752.51	$3.31 €2.94	+151.2%
Local cheese (8 oz)	$5.51 NGN7,338.86	$6.83 €6.08	+23.9%
Milk (1 gallon)	$13.88 NGN18,480.74	$6.71 €5.97	-51.7%
Eggs 1 dozen	$1.83 NGN2,442.20	$4.87 €4.33	+165.3%
Boneless chicken breast (1 lb)	$2.39 NGN3,184.67	$7.62 €6.78	+218.5%
Apples (1 lb)	$0.92 NGN1,224.04	$1.46 €1.30	+58.3%
Bananas (1 lb)	$0.66 NGN883.74	$1.27 €1.13	+90.9%
Oranges (1 lb)	$0.68 NGN908.26	$1.23 €1.09	+79.9%
Tomatoes (1 lb)	$1.05 NGN1,394.13	$1.57 €1.40	+50.2%
Potatoes (1 lb)	$0.83 NGN1,104.11	$1.10 €0.98	+32.9%
Onions (1 lb)	$1.10 NGN1,468.62	$1.27 €1.13	+14.9%
Average			+58.5%

Abuja vs. Monaco - Cost of groceries

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pay 92.5% more for transportation

	Abuja	Monaco
Gasoline (1 gallon)	$2.14 NGN2,847.35	$8.62 €7.67	+303.0%
Monthly public transit pass	$32.78 NGN43,636.37	$23.51 €20.93	-28.3%
New Volkswagen Golf 1.4 (standard edition)	$26,143.00 NGN35M	$48,347.38 €43,030.91	+84.9%
Taxi trip in downtown area (5 miles)	$7.30 NGN9,713.27	??
Average			+92.5%

Abuja vs. Monaco - Cost of transportation

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pay 13.4 times more for housing

	Abuja	Monaco
Internet connection 50 mbps or faster, cable/dsl	$29.15 NGN38,810.71	$63.82 €56.81	+118.9%
1-Bedroom apartment in downtown area	$596.02 NGN793K	$9,144.51 €8,138.94	+1434.3%
1-Bedroom apartment outside city center	$350.58 NGN467K	$8,248.72 €7,341.66	+2252.9%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$86.28 NGN115K	$323.95 €288.33	+275.5%
Average			+1237.2%

Abuja vs. Monaco - Cost of housing

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pay 26.2 times more for childcare

	Abuja	Monaco
Private preschool for 1 child, monthly	$45.24 NGN60,218.19	$2,183.48 €1,943.38	+4726.9%
Middle school for 1 child, two semesters	$3,150.69 NGN4M	$44,649.46 €39,739.62	+1317.1%
Average			+2515.4%

Abuja vs. Monaco - Cost of childcare

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pay 4.1 times more for entertainment and sports

	Abuja	Monaco
Domestic/local beer (1 pint)	$1.00 NGN1,331.21	$10.08 €8.97	+907.8%
Cappuccino in mid-range area	$3.35 NGN4,464.03	$3.70 €3.29	+10.2%
Pack of cigarettes Marlboro or similar	$2.00 NGN2,662.42	$14.00 €12.46	+599.8%
Monthly membership at local gym	$26.12 NGN34,764.93	$226.75 €201.81	+768.3%
Movie ticket to theater/cinema	$6.41 NGN8,530.91	$13.44 €11.96	+109.7%
Average			+306.1%

Abuja vs. Monaco - Cost of entertainment and sports

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pay 3.3 times more for clothing

	Abuja	Monaco
Regular jeans Levi's brand	$25.92 NGN34,511.60	$150.42 €133.88	+480.2%
Regular dress from H&M or similar store	$60.65 NGN80,732.29	$83.42 €74.25	+37.6%
Running shoes Nike or Adidas	$78.11 NGN104K	$167.21 €148.83	+114.1%
Men's business shoes (leather)	$106.08 NGN141K	$727.27 €647.29	+585.6%
Average			+229.0%

Abuja vs. Monaco - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

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