Cost of living comparison
compared to
Monaco vs. Bermuda Cost of Living Summary
Monaco is 51.4% more expensive than Bermuda overall.
- Restaurants
-
pay 60.9% more in Monaco
- Groceries
-
pay 19.3% less in Monaco
- Transportation
-
pay 5.2% less in Monaco
- Housing
-
pay 70.5% more in Monaco
- Childcare
-
pay 79.3% more in Monaco
- Entertainment and Sports
-
pay 36.3% more in Monaco
- Clothing
-
pay 2.4 times more in Monaco
The cost of clothing, childcare, housing, restaurants, and entertainment and sports in Monaco are more expensive than in Bermuda. Expenses including groceries and transportation are lower in Monaco. Notably, clothing and childcare are significantly more expensive in Monaco.
Monaco vs. Bermuda Cost Breakdown
If you lived in Monaco instead of Bermuda, you would:
pay 60.9% more for restaurants
|
Bermuda
|
Monaco
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$60.00
BMD60.00
|
$39.76
€34.14
|
|
|
Fast food combo meal
McDonalds, or similar
|
$15.00
BMD15.00
|
$11.60
€9.96
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.42
BMD3.42
|
$6.54
€5.62
|
|
| Bottle of water (11 fl. oz) |
$2.92
BMD2.92
|
$9.00
€7.73
|
|
Bermuda vs. Monaco - Cost of restaurants
pay 19.3% less for groceries
|
Bermuda
|
Monaco
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$8.38
BMD8.38
|
$4.78
€4.10
|
|
| Local cheese (8 oz) |
$6.09
BMD6.09
|
$11.68
€10.03
|
|
| Milk (1 gallon) |
$16.74
BMD16.74
|
$7.92
€6.80
|
|
|
Eggs
1 dozen
|
$7.53
BMD7.53
|
$5.24
€4.50
|
|
| Boneless chicken breast (1 lb) |
$10.49
BMD10.49
|
$7.89
€6.78
|
|
| Apples (1 lb) |
$5.80
BMD5.80
|
$2.06
€1.77
|
|
| Bananas (1 lb) |
$3.01
BMD3.01
|
$2.52
€2.16
|
|
| Oranges (1 lb) |
$4.38
BMD4.38
|
$2.27
€1.95
|
|
| Tomatoes (1 lb) |
$3.18
BMD3.18
|
$3.07
€2.64
|
|
| Potatoes (1 lb) |
$3.40
BMD3.40
|
$2.15
€1.85
|
|
| Onions (1 lb) |
$1.71
BMD1.71
|
$1.99
€1.71
|
|
Bermuda vs. Monaco - Cost of groceries
pay 5.2% less for transportation
|
Bermuda
|
Monaco
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.89
BMD8.89
|
$9.23
€7.93
|
|
| Monthly public transit pass |
$69.00
BMD69.00
|
$32.41
€27.84
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$32,500.00
BMD32,500.00
|
$53,574.22
€46,010.13
|
|
| Taxi trip in downtown area (5 miles) |
$36.83
BMD36.83
|
$23.36
€20.06
|
|
Bermuda vs. Monaco - Cost of transportation
pay 70.5% more for housing
|
Bermuda
|
Monaco
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$151.67
BMD151.67
|
$83.51
€71.72
|
|
| 1-Bedroom apartment in downtown area |
$3,616.67
BMD3,616.67
|
$8,162.46
€7,010.01
|
|
| 1-Bedroom apartment outside city center |
$2,266.67
BMD2,266.67
|
$5,372.75
€4,614.18
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$193.88
BMD193.88
|
$318.65
€273.66
|
|
Bermuda vs. Monaco - Cost of housing
pay 79.3% more for childcare
|
Bermuda
|
Monaco
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,320.00
BMD1,320.00
|
$3,007.57
€2,582.94
|
|
| Middle school for 1 child, two semesters |
$24,500.00
BMD24,500.00
|
$32,046.71
€27,522.07
|
|
Bermuda vs. Monaco - Cost of childcare
pay 36.3% more for entertainment and sports
|
Bermuda
|
Monaco
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.00
BMD10.00
|
$10.22
€8.78
|
|
| Cappuccino in mid-range area |
$6.44
BMD6.44
|
$5.37
€4.61
|
|
|
Pack of cigarettes
Marlboro or similar
|
$17.62
BMD17.62
|
$13.72
€11.79
|
|
| Monthly membership at local gym |
$188.00
BMD188.00
|
$558.45
€479.60
|
|
| Movie ticket to theater/cinema |
$13.50
BMD13.50
|
$16.35
€14.04
|
|
Bermuda vs. Monaco - Cost of entertainment and sports
pay 2.4 times more for clothing
|
Bermuda
|
Monaco
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$80.00
BMD80.00
|
$211.84
€181.93
|
|
|
Regular dress
from H&M or similar store
|
$60.00
BMD60.00
|
$87.40
€75.06
|
|
|
Running shoes
Nike or Adidas
|
$142.50
BMD142.50
|
$221.48
€190.21
|
|
| Men's business shoes (leather) |
$127.17
BMD127.17
|
$487.05
€418.29
|
|
Bermuda vs. Monaco - Cost of clothing
The statistics used to build this comparison are calculated using data from users just like you.
We average the price of thousands of data points entered by users across the world.
Learn more about our data sources. Page last updated: December 2025
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