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 3.8 times more for restaurants
Hong Kong
|
Monaco
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$7.64
HK$59.84
|
$27.49
€25.70
|
|
Fast food combo meal
McDonalds, or similar
|
$5.73
HK$44.88
|
$9.90
€9.25
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.23
HK$9.62
|
$5.17
€4.83
|
|
Bottle of water (11 fl. oz) |
$1.11
HK$8.66
|
$6.10
€5.71
|
|
pay 10.9% less for groceries
Hong Kong
|
Monaco
|
||
---|---|---|---|
Bread
1 loaf
|
$2.29
HK$17.90
|
$4.12
€3.85
|
|
Local cheese (8 oz) |
$12.63
HK$98.87
|
$7.70
€7.20
|
|
Milk (1 gallon) |
$11.66
HK$91.27
|
$7.28
€6.81
|
|
Eggs
1 dozen
|
$3.47
HK$27.14
|
$3.26
€3.05
|
|
Boneless chicken breast (1 lb) |
$4.48
HK$35.07
|
$4.99
€4.66
|
|
Apples (1 lb) |
$2.03
HK$15.90
|
$0.83
€0.78
|
|
Bananas (1 lb) |
$1.13
HK$8.86
|
$1.00
€0.93
|
|
Oranges (1 lb) |
$1.75
HK$13.72
|
$0.91
€0.85
|
|
Tomatoes (1 lb) |
$1.35
HK$10.55
|
$1.75
€1.63
|
|
Potatoes (1 lb) |
$1.21
HK$9.46
|
$0.75
€0.70
|
|
Onions (1 lb) |
$1.18
HK$9.21
|
$1.16
€1.09
|
|
pay 15.2% less for transportation
Hong Kong
|
Monaco
|
||
---|---|---|---|
Gasoline (1 gallon) |
$10.64
HK$83.32
|
$7.63
€7.13
|
|
Monthly public transit pass |
$63.70
HK$498.64
|
$39.58
€37.00
|
|
New Volkswagen Golf 1.4 (standard edition) |
$33,122.07
HK$259,291.19
|
$21,988.99
€20,557.18
|
|
Taxi trip in downtown area (5 miles) |
$13.12
HK$102.72
|
$18.25
€17.06
|
|
pay 2.3 times more for housing
Hong Kong
|
Monaco
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$23.34
HK$182.70
|
$77.33
€72.29
|
|
1-Bedroom apartment in downtown area |
$2,288.41
HK$17,914.44
|
$5,728.44
€5,355.43
|
|
1-Bedroom apartment outside city center |
$1,628.63
HK$12,749.46
|
$3,664.83
€3,426.20
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$157.03
HK$1,229.32
|
$146.95
€137.38
|
|
pay 2.9 times more for childcare
Hong Kong
|
Monaco
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$771.50
HK$6,039.59
|
$3,518.24
€3,289.15
|
|
Middle school for 1 child, two semesters |
$18,861.18
HK$147,651.93
|
$21,988.99
€20,557.18
|
|
pay 2.6 times more for entertainment and sports
Hong Kong
|
Monaco
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$6.37
HK$49.86
|
$7.70
€7.20
|
|
Cappuccino in mid-range area |
$5.02
HK$39.31
|
$4.74
€4.43
|
|
Pack of cigarettes
Marlboro or similar
|
$8.28
HK$64.82
|
$10.99
€10.28
|
|
Monthly membership at local gym |
$79.37
HK$621.30
|
$659.67
€616.72
|
|
Movie ticket to theater/cinema |
$12.74
HK$99.73
|
$13.19
€12.33
|
|
pay 2.1 times more for clothing
Hong Kong
|
Monaco
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$80.90
HK$633.33
|
$132.67
€124.03
|
|
Regular dress
from H&M or similar store
|
$39.86
HK$312.07
|
$34.08
€31.86
|
|
Running shoes
Nike or Adidas
|
$88.35
HK$691.62
|
$153.65
€143.64
|
|
Men's business shoes (leather) |
$129.40
HK$1,012.99
|
$523.34
€489.26
|
|
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