Cost of living comparison
Monaco is 4.8 times more expensive than Latvia.
If you lived in Monaco instead of Latvia, you would:
pay 4.6 times more for restaurants
Latvia
|
Monaco
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$8.99
€8.35
|
$41.23
€38.29
|
|
Fast food combo meal
McDonalds, or similar
|
$6.17
€5.73
|
$10.44
€9.70
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.20
€1.12
|
$5.94
€5.51
|
|
Bottle of water (11 fl. oz) |
$1.10
€1.02
|
$7.70
€7.15
|
|
pay 2.5 times more for groceries
Latvia
|
Monaco
|
||
---|---|---|---|
Bread
1 loaf
|
$1.19
€1.11
|
$3.80
€3.53
|
|
Local cheese (8 oz) |
$4.58
€4.25
|
$10.72
€9.95
|
|
Milk (1 gallon) |
$4.83
€4.49
|
$8.50
€7.89
|
|
Eggs
1 dozen
|
$2.38
€2.21
|
$4.29
€3.98
|
|
Boneless chicken breast (1 lb) |
$3.23
€3.00
|
$6.64
€6.17
|
|
Apples (1 lb) |
$0.49
€0.45
|
$1.33
€1.23
|
|
Bananas (1 lb) |
$0.73
€0.68
|
$1.99
€1.85
|
|
Oranges (1 lb) |
$0.87
€0.81
|
$0.71
€0.66
|
|
Tomatoes (1 lb) |
$1.31
€1.21
|
$1.87
€1.74
|
|
Potatoes (1 lb) |
$0.32
€0.29
|
$1.37
€1.27
|
|
Onions (1 lb) |
$0.35
€0.33
|
$1.39
€1.29
|
|
pay 38.5% more for transportation
Latvia
|
Monaco
|
||
---|---|---|---|
Gasoline (1 gallon) |
$7.32
€6.80
|
$8.27
€7.68
|
|
Monthly public transit pass |
$38.37
€35.63
|
$38.21
€35.48
|
|
New Volkswagen Golf 1.4 (standard edition) |
$21,439.27
€19,909.58
|
$21,988.99
€20,420.08
|
|
Taxi trip in downtown area (5 miles) |
$7.64
€7.10
|
$18.25
€16.95
|
|
pay 10.6 times more for housing
Latvia
|
Monaco
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$16.90
€15.69
|
$107.38
€99.72
|
|
1-Bedroom apartment in downtown area |
$342.38
€317.95
|
$5,818.99
€5,403.81
|
|
1-Bedroom apartment outside city center |
$247.16
€229.52
|
$4,384.68
€4,071.83
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$199.93
€185.66
|
$226.60
€210.43
|
|
pay 7.4 times more for childcare
Latvia
|
Monaco
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$261.48
€242.83
|
$3,518.24
€3,267.21
|
|
Middle school for 1 child, two semesters |
$14,283.25
€13,264.14
|
$19,240.37
€17,867.57
|
|
pay 5.0 times more for entertainment and sports
Latvia
|
Monaco
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.94
€2.73
|
$8.80
€8.17
|
|
Cappuccino in mid-range area |
$2.55
€2.37
|
$4.42
€4.11
|
|
Pack of cigarettes
Marlboro or similar
|
$4.55
€4.23
|
$12.09
€11.23
|
|
Monthly membership at local gym |
$37.76
€35.06
|
$604.70
€561.55
|
|
Movie ticket to theater/cinema |
$7.56
€7.02
|
$13.19
€12.25
|
|
pay 2.4 times more for clothing
Latvia
|
Monaco
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$68.48
€63.59
|
$142.47
€132.31
|
|
Regular dress
from H&M or similar store
|
$40.46
€37.57
|
$39.03
€36.25
|
|
Running shoes
Nike or Adidas
|
$75.05
€69.69
|
$149.66
€138.98
|
|
Men's business shoes (leather) |
$104.60
€97.14
|
$481.56
€447.20
|
|
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