Cost of living comparison
Monaco is 2.2 times more expensive than Hong Kong.
If you lived in Monaco instead of Hong Kong, you would:
pay 3.7 times more for restaurants
Hong Kong
|
Monaco
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$8.84
HK$68.99
|
$25.99
€23.89
|
|
Fast food combo meal
McDonalds, or similar
|
$5.77
HK$44.99
|
$10.83
€9.95
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.33
HK$10.41
|
$5.09
€4.68
|
|
Bottle of water (11 fl. oz) |
$1.13
HK$8.78
|
$7.15
€6.58
|
|
pay 1.0% more for groceries
Hong Kong
|
Monaco
|
||
---|---|---|---|
Bread
1 loaf
|
$2.29
HK$17.90
|
$5.23
€4.81
|
|
Local cheese (8 oz) |
$14.28
HK$111.38
|
$8.12
€7.47
|
|
Milk (1 gallon) |
$12.15
HK$94.77
|
$7.17
€6.59
|
|
Eggs
1 dozen
|
$4.01
HK$31.27
|
$3.60
€3.30
|
|
Boneless chicken breast (1 lb) |
$4.49
HK$35.01
|
$4.81
€4.42
|
|
Apples (1 lb) |
$1.68
HK$13.15
|
$1.15
€1.05
|
|
Bananas (1 lb) |
$1.16
HK$9.04
|
$1.23
€1.13
|
|
Oranges (1 lb) |
$1.75
HK$13.68
|
$1.23
€1.13
|
|
Tomatoes (1 lb) |
$1.47
HK$11.46
|
$1.82
€1.67
|
|
Potatoes (1 lb) |
$1.21
HK$9.46
|
$0.96
€0.88
|
|
Onions (1 lb) |
$1.20
HK$9.34
|
$1.47
€1.35
|
|
pay 0.5% more for transportation
Hong Kong
|
Monaco
|
||
---|---|---|---|
Gasoline (1 gallon) |
$11.66
HK$90.97
|
$8.64
€7.94
|
|
Monthly public transit pass |
$64.07
HK$499.94
|
$23.83
€21.90
|
|
New Volkswagen Golf 1.4 (standard edition) |
$33,292.33
HK$259,768.41
|
$46,760.68
€42,980.08
|
|
Taxi trip in downtown area (5 miles) |
$13.71
HK$106.99
|
$20.58
€18.91
|
|
pay 2.9 times more for housing
Hong Kong
|
Monaco
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$22.03
HK$171.93
|
$61.73
€56.74
|
|
1-Bedroom apartment in downtown area |
$2,324.35
HK$18,136.09
|
$8,169.63
€7,509.12
|
|
1-Bedroom apartment outside city center |
$1,616.39
HK$12,612.10
|
$6,497.92
€5,972.57
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$196.11
HK$1,530.21
|
$237.50
€218.30
|
|
pay 2.1 times more for childcare
Hong Kong
|
Monaco
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$929.71
HK$7,254.19
|
$2,111.82
€1,941.08
|
|
Middle school for 1 child, two semesters |
$21,637.45
HK$168,829.47
|
$43,184.11
€39,692.68
|
|
pay 2.0 times more for entertainment and sports
Hong Kong
|
Monaco
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$7.69
HK$59.99
|
$8.12
€7.47
|
|
Cappuccino in mid-range area |
$5.31
HK$41.44
|
$5.67
€5.21
|
|
Pack of cigarettes
Marlboro or similar
|
$12.81
HK$99.99
|
$13.54
€12.44
|
|
Monthly membership at local gym |
$86.33
HK$673.57
|
$521.19
€479.05
|
|
Movie ticket to theater/cinema |
$12.81
HK$99.99
|
$13.00
€11.95
|
|
pay 2.6 times more for clothing
Hong Kong
|
Monaco
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$76.24
HK$594.89
|
$162.81
€149.65
|
|
Regular dress
from H&M or similar store
|
$41.17
HK$321.27
|
$65.34
€60.06
|
|
Running shoes
Nike or Adidas
|
$91.44
HK$713.49
|
$187.00
€171.88
|
|
Men's business shoes (leather) |
$135.10
HK$1,054.17
|
$632.46
€581.33
|
|
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