Cost of living comparison
Monaco is 5.7 times more expensive than Armenia.
If you lived in Monaco instead of Armenia, you would:
pay 7.9 times more for restaurants
Armenia
|
Monaco
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$7.08
AMD2,759
|
$41.23
€38.54
|
|
Fast food combo meal
McDonalds, or similar
|
$6.44
AMD2,508
|
$10.44
€9.76
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.91
AMD353
|
$5.94
€5.55
|
|
Bottle of water (11 fl. oz) |
$0.43
AMD169
|
$7.70
€7.20
|
|
pay 3.0 times more for groceries
Armenia
|
Monaco
|
||
---|---|---|---|
Bread
1 loaf
|
$0.56
AMD218
|
$3.80
€3.55
|
|
Local cheese (8 oz) |
$3.69
AMD1,438
|
$10.72
€10.02
|
|
Milk (1 gallon) |
$4.75
AMD1,852
|
$8.50
€7.94
|
|
Eggs
1 dozen
|
$2.02
AMD787
|
$4.29
€4.01
|
|
Boneless chicken breast (1 lb) |
$2.73
AMD1,063
|
$6.64
€6.21
|
|
Apples (1 lb) |
$0.56
AMD218
|
$1.33
€1.24
|
|
Bananas (1 lb) |
$0.82
AMD319
|
$1.99
€1.86
|
|
Oranges (1 lb) |
$0.73
AMD283
|
$0.71
€0.66
|
|
Tomatoes (1 lb) |
$0.71
AMD279
|
$1.87
€1.75
|
|
Potatoes (1 lb) |
$0.34
AMD132
|
$1.37
€1.28
|
|
Onions (1 lb) |
$0.30
AMD116
|
$1.39
€1.30
|
|
pay 2.9 times more for transportation
Armenia
|
Monaco
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.44
AMD1,731
|
$8.27
€7.73
|
|
Monthly public transit pass |
$10.75
AMD4,187
|
$38.21
€35.72
|
|
New Volkswagen Golf 1.4 (standard edition) |
$25,749.24
AMD10,031,167
|
$21,988.99
€20,557.18
|
|
Taxi trip in downtown area (5 miles) |
$3.35
AMD1,304
|
$18.25
€17.06
|
|
pay 6.7 times more for housing
Armenia
|
Monaco
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$17.61
AMD6,860
|
$107.38
€100.39
|
|
1-Bedroom apartment in downtown area |
$662.62
AMD258,138
|
$5,818.99
€5,440.09
|
|
1-Bedroom apartment outside city center |
$469.53
AMD182,917
|
$4,384.68
€4,099.17
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$86.35
AMD33,641
|
$226.60
€211.84
|
|
pay 10.9 times more for childcare
Armenia
|
Monaco
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$180.96
AMD70,497
|
$3,518.24
€3,289.15
|
|
Middle school for 1 child, two semesters |
$8,167.82
AMD3,181,950
|
$19,240.37
€17,987.53
|
|
pay 5.8 times more for entertainment and sports
Armenia
|
Monaco
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.36
AMD532
|
$8.80
€8.22
|
|
Cappuccino in mid-range area |
$2.40
AMD936
|
$4.42
€4.13
|
|
Pack of cigarettes
Marlboro or similar
|
$1.92
AMD747
|
$12.09
€11.31
|
|
Monthly membership at local gym |
$51.24
AMD19,962
|
$604.70
€565.32
|
|
Movie ticket to theater/cinema |
$5.15
AMD2,006
|
$13.19
€12.33
|
|
pay 2.5 times more for clothing
Armenia
|
Monaco
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$68.02
AMD26,497
|
$142.47
€133.19
|
|
Regular dress
from H&M or similar store
|
$52.72
AMD20,540
|
$39.03
€36.49
|
|
Running shoes
Nike or Adidas
|
$98.40
AMD38,332
|
$149.66
€139.92
|
|
Men's business shoes (leather) |
$88.10
AMD34,321
|
$481.56
€450.20
|
|
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