Cost of living comparison
Monaco is 6.0 times more expensive than Baku.
If you lived in Monaco instead of Baku, you would:
pay 7.5 times more for restaurants
Baku
|
Monaco
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$10.00
AZN17.00
|
$25.99
€23.89
|
|
Fast food combo meal
McDonalds, or similar
|
$7.65
AZN13.00
|
$10.83
€9.95
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.68
AZN1.16
|
$5.09
€4.68
|
|
Bottle of water (11 fl. oz) |
$0.38
AZN0.65
|
$7.15
€6.58
|
|
pay 3.5 times more for groceries
Baku
|
Monaco
|
||
---|---|---|---|
Bread
1 loaf
|
$0.46
AZN0.77
|
$5.23
€4.81
|
|
Local cheese (8 oz) |
$2.72
AZN4.63
|
$8.12
€7.47
|
|
Milk (1 gallon) |
$5.25
AZN8.93
|
$7.17
€6.59
|
|
Eggs
1 dozen
|
$1.54
AZN2.62
|
$3.60
€3.30
|
|
Boneless chicken breast (1 lb) |
$2.07
AZN3.51
|
$4.81
€4.42
|
|
Apples (1 lb) |
$0.48
AZN0.81
|
$1.15
€1.05
|
|
Bananas (1 lb) |
$0.77
AZN1.31
|
$1.23
€1.13
|
|
Oranges (1 lb) |
$0.66
AZN1.12
|
$1.23
€1.13
|
|
Tomatoes (1 lb) |
$0.77
AZN1.31
|
$1.82
€1.67
|
|
Potatoes (1 lb) |
$0.29
AZN0.50
|
$0.96
€0.88
|
|
Onions (1 lb) |
$0.23
AZN0.39
|
$1.47
€1.35
|
|
pay 2.6 times more for transportation
Baku
|
Monaco
|
||
---|---|---|---|
Gasoline (1 gallon) |
$2.58
AZN4.38
|
$8.64
€7.94
|
|
Monthly public transit pass |
$17.65
AZN30.00
|
$23.83
€21.90
|
|
New Volkswagen Golf 1.4 (standard edition) |
$20,588.24
AZN35,000.00
|
$46,760.68
€42,980.08
|
|
Taxi trip in downtown area (5 miles) |
$6.18
AZN10.50
|
$20.58
€18.91
|
|
pay 12.6 times more for housing
Baku
|
Monaco
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$14.28
AZN24.28
|
$61.73
€56.74
|
|
1-Bedroom apartment in downtown area |
$481.00
AZN817.69
|
$8,169.63
€7,509.12
|
|
1-Bedroom apartment outside city center |
$270.59
AZN460.00
|
$6,497.92
€5,972.57
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$45.42
AZN77.22
|
$237.50
€218.30
|
|
pay 8.1 times more for childcare
Baku
|
Monaco
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$232.09
AZN394.55
|
$2,111.82
€1,941.08
|
|
Middle school for 1 child, two semesters |
$6,029.41
AZN10,250.00
|
$43,184.11
€39,692.68
|
|
pay 4.7 times more for entertainment and sports
Baku
|
Monaco
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.47
AZN2.50
|
$8.12
€7.47
|
|
Cappuccino in mid-range area |
$3.46
AZN5.89
|
$5.67
€5.21
|
|
Pack of cigarettes
Marlboro or similar
|
$3.53
AZN6.00
|
$13.54
€12.44
|
|
Monthly membership at local gym |
$50.86
AZN86.47
|
$521.19
€479.05
|
|
Movie ticket to theater/cinema |
$5.88
AZN10.00
|
$13.00
€11.95
|
|
pay 3.1 times more for clothing
Baku
|
Monaco
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$59.46
AZN101.08
|
$162.81
€149.65
|
|
Regular dress
from H&M or similar store
|
$52.78
AZN89.73
|
$65.34
€60.06
|
|
Running shoes
Nike or Adidas
|
$122.21
AZN207.76
|
$187.00
€171.88
|
|
Men's business shoes (leather) |
$92.12
AZN156.60
|
$632.46
€581.33
|
|
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