Cost of living comparison
Monaco is 2.3 times more expensive than Australia.
If you lived in Monaco instead of Australia, you would:
pay 2.5 times more for restaurants
Australia
|
Monaco
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$15.31
A$23.87
|
$41.23
€38.67
|
|
Fast food combo meal
McDonalds, or similar
|
$8.98
A$14.00
|
$10.44
€9.80
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.45
A$3.82
|
$5.94
€5.57
|
|
Bottle of water (11 fl. oz) |
$2.05
A$3.20
|
$7.70
€7.23
|
|
pay 48.7% more for groceries
Australia
|
Monaco
|
||
---|---|---|---|
Bread
1 loaf
|
$2.00
A$3.12
|
$3.80
€3.57
|
|
Local cheese (8 oz) |
$4.24
A$6.60
|
$10.72
€10.05
|
|
Milk (1 gallon) |
$5.00
A$7.79
|
$8.50
€7.97
|
|
Eggs
1 dozen
|
$3.52
A$5.48
|
$4.29
€4.02
|
|
Boneless chicken breast (1 lb) |
$3.56
A$5.54
|
$6.64
€6.23
|
|
Apples (1 lb) |
$1.44
A$2.24
|
$1.33
€1.25
|
|
Bananas (1 lb) |
$1.13
A$1.75
|
$1.99
€1.87
|
|
Oranges (1 lb) |
$1.31
A$2.05
|
$0.71
€0.66
|
|
Tomatoes (1 lb) |
$2.10
A$3.27
|
$1.87
€1.75
|
|
Potatoes (1 lb) |
$1.03
A$1.61
|
$1.37
€1.29
|
|
Onions (1 lb) |
$0.83
A$1.29
|
$1.39
€1.30
|
|
pay 8.2% more for transportation
Australia
|
Monaco
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.95
A$7.71
|
$8.27
€7.75
|
|
Monthly public transit pass |
$81.92
A$127.68
|
$38.21
€35.83
|
|
New Volkswagen Golf 1.4 (standard edition) |
$22,079.60
A$34,413.35
|
$21,988.99
€20,622.73
|
|
Taxi trip in downtown area (5 miles) |
$15.28
A$23.81
|
$18.25
€17.12
|
|
pay 3.5 times more for housing
Australia
|
Monaco
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$55.83
A$87.01
|
$107.38
€100.71
|
|
1-Bedroom apartment in downtown area |
$1,119.19
A$1,744.38
|
$5,818.99
€5,457.43
|
|
1-Bedroom apartment outside city center |
$889.00
A$1,385.59
|
$4,384.68
€4,112.24
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$120.53
A$187.87
|
$226.60
€212.52
|
|
pay 2.1 times more for childcare
Australia
|
Monaco
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$1,373.48
A$2,140.71
|
$3,518.24
€3,299.64
|
|
Middle school for 1 child, two semesters |
$11,458.00
A$17,858.49
|
$19,240.37
€18,044.89
|
|
pay 3.5 times more for entertainment and sports
Australia
|
Monaco
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$5.72
A$8.91
|
$8.80
€8.25
|
|
Cappuccino in mid-range area |
$3.30
A$5.14
|
$4.42
€4.15
|
|
Pack of cigarettes
Marlboro or similar
|
$24.53
A$38.23
|
$12.09
€11.34
|
|
Monthly membership at local gym |
$46.71
A$72.80
|
$604.70
€567.13
|
|
Movie ticket to theater/cinema |
$12.25
A$19.09
|
$13.19
€12.37
|
|
pay 2.2 times more for clothing
Australia
|
Monaco
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$71.47
A$111.40
|
$142.47
€133.62
|
|
Regular dress
from H&M or similar store
|
$41.82
A$65.18
|
$39.03
€36.61
|
|
Running shoes
Nike or Adidas
|
$101.71
A$158.52
|
$149.66
€140.36
|
|
Men's business shoes (leather) |
$106.56
A$166.08
|
$481.56
€451.64
|
|
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