Cost of living comparison
Monaco is 2.3 times more expensive than Copenhagen.
If you lived in Monaco instead of Copenhagen, you would:
pay 44.0% more for restaurants
Copenhagen
|
Monaco
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$21.77
DKK150.76
|
$25.99
€24.11
|
|
Fast food combo meal
McDonalds, or similar
|
$14.51
DKK100.51
|
$10.83
€10.05
|
|
Bottle of Coca-Cola (11 fl. oz) |
$3.75
DKK25.97
|
$5.09
€4.72
|
|
Bottle of water (11 fl. oz) |
$2.90
DKK20.10
|
$7.15
€6.64
|
|
pay 5.8% more for groceries
Copenhagen
|
Monaco
|
||
---|---|---|---|
Bread
1 loaf
|
$3.54
DKK24.53
|
$5.23
€4.86
|
|
Local cheese (8 oz) |
$6.17
DKK42.75
|
$8.12
€7.54
|
|
Milk (1 gallon) |
$7.50
DKK51.90
|
$7.17
€6.66
|
|
Eggs
1 dozen
|
$4.72
DKK32.71
|
$3.60
€3.34
|
|
Boneless chicken breast (1 lb) |
$5.08
DKK35.21
|
$4.81
€4.46
|
|
Apples (1 lb) |
$1.38
DKK9.57
|
$1.15
€1.06
|
|
Bananas (1 lb) |
$1.30
DKK9.01
|
$1.23
€1.14
|
|
Oranges (1 lb) |
$1.47
DKK10.18
|
$1.23
€1.14
|
|
Tomatoes (1 lb) |
$2.00
DKK13.84
|
$1.82
€1.69
|
|
Potatoes (1 lb) |
$0.99
DKK6.84
|
$0.96
€0.89
|
|
Onions (1 lb) |
$0.87
DKK6.01
|
$1.47
€1.37
|
|
pay 21.7% less for transportation
Copenhagen
|
Monaco
|
||
---|---|---|---|
Gasoline (1 gallon) |
$7.79
DKK53.95
|
$8.64
€8.01
|
|
Monthly public transit pass |
$94.34
DKK653.30
|
$23.83
€22.10
|
|
New Volkswagen Golf 1.4 (standard edition) |
$47,149.09
DKK326,507.42
|
$46,760.68
€43,382.22
|
|
Taxi trip in downtown area (5 miles) |
$26.42
DKK182.92
|
$20.58
€19.09
|
|
pay 3.2 times more for housing
Copenhagen
|
Monaco
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$37.16
DKK257.36
|
$61.73
€57.27
|
|
1-Bedroom apartment in downtown area |
$1,741.81
DKK12,062.04
|
$8,169.63
€7,579.38
|
|
1-Bedroom apartment outside city center |
$1,268.50
DKK8,784.35
|
$6,497.92
€6,028.45
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$161.03
DKK1,115.12
|
$237.50
€220.34
|
|
pay 4.2 times more for childcare
Copenhagen
|
Monaco
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$551.78
DKK3,821.10
|
$2,111.82
€1,959.25
|
|
Middle school for 1 child, two semesters |
$9,343.23
DKK64,701.89
|
$43,184.11
€40,064.06
|
|
pay 3.2 times more for entertainment and sports
Copenhagen
|
Monaco
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.71
DKK60.30
|
$8.12
€7.54
|
|
Cappuccino in mid-range area |
$6.34
DKK43.88
|
$5.67
€5.26
|
|
Pack of cigarettes
Marlboro or similar
|
$9.00
DKK62.31
|
$13.54
€12.56
|
|
Monthly membership at local gym |
$42.82
DKK296.53
|
$521.19
€483.53
|
|
Movie ticket to theater/cinema |
$18.87
DKK130.66
|
$13.00
€12.06
|
|
pay 2.1 times more for clothing
Copenhagen
|
Monaco
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$106.73
DKK739.11
|
$162.81
€151.05
|
|
Regular dress
from H&M or similar store
|
$44.45
DKK307.80
|
$65.34
€60.62
|
|
Running shoes
Nike or Adidas
|
$115.59
DKK800.44
|
$187.00
€173.49
|
|
Men's business shoes (leather) |
$166.32
DKK1,151.77
|
$632.46
€586.77
|
|
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