Cost of living comparison

United Kingdom

compared to

Monaco

Monte Carlo vs. London Cost of Living Summary

Monte Carlo is 42.6% more expensive than London.

Restaurants: pay 64.6% more in Monte Carlo
Groceries: pay 2.1 times more in Monte Carlo
Transportation: pay 29.0% less in Monte Carlo
Housing: pay 54.0% more in Monte Carlo
Childcare: pay 23.2% less in Monte Carlo
Entertainment and Sports: pay 55.1% more in Monte Carlo
Clothing: pay 66.5% more in Monte Carlo

The cost of groceries, clothing, restaurants, entertainment and sports, and housing in Monte Carlo are more expensive than in London. Expenses including transportation and childcare are lower in Monte Carlo. Notably, groceries is significantly more expensive in Monte Carlo.

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Monte Carlo vs. London Cost Breakdown

If you lived in Monte Carlo instead of London, you would:

Display currency: USD

pay 64.6% more for restaurants

	London	Monte Carlo
Basic meal with drink at inexpensive restaurant	$26.43 £19.76	$41.99 €37.48	+58.9%
Fast food combo meal McDonalds, or similar	$10.57 £7.90	$11.20 €9.99	+5.9%
Bottle of Coca-Cola (11 fl. oz)	$2.95 £2.21	$8.96 €8.00	+203.2%
Bottle of water (11 fl. oz)	$2.16 £1.61	$10.56 €9.43	+390.1%
Average			+64.6%

London vs. Monte Carlo - Cost of restaurants

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pay 2.1 times more for groceries

	London	Monte Carlo
Bread 1 loaf	$2.04 £1.52	$5.04 €4.50	+147.2%
Local cheese (8 oz)	$6.36 £4.75	$10.64 €9.49	+67.4%
Milk (1 gallon)	$6.98 £5.22	$8.48 €7.57	+21.5%
Eggs 1 dozen	$5.01 £3.74	$4.70 €4.20	-6.0%
Boneless chicken breast (1 lb)	$4.81 £3.60	$7.62 €6.80	+58.3%
Apples (1 lb)	$1.40 £1.05	$2.79 €2.49	+99.3%
Bananas (1 lb)	$0.63 £0.47	$3.30 €2.95	+422.9%
Oranges (1 lb)	$1.38 £1.03	$2.17 €1.94	+57.3%
Tomatoes (1 lb)	$1.52 £1.13	$3.81 €3.40	+151.3%
Potatoes (1 lb)	$0.74 £0.55	$2.54 €2.27	+244.5%
Onions (1 lb)	$0.80 £0.60	$2.54 €2.27	+218.1%
Average			+109.3%

London vs. Monte Carlo - Cost of groceries

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pay 29.0% less for transportation

	London	Monte Carlo
Gasoline (1 gallon)	$7.95 £5.94	$9.20 €8.21	+15.7%
Monthly public transit pass	$245.79 £183.77	$37.51 €33.48	-84.7%
New Volkswagen Golf 1.4 (standard edition)	$38,182.92 £28,549.06	$54,374.36 €48,531.18	+42.4%
Taxi trip in downtown area (5 miles)	$31.77 £23.75	$23.51 €20.99	-26.0%
Average			-29.0%

London vs. Monte Carlo - Cost of transportation

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pay 54.0% more for housing

	London	Monte Carlo
Internet connection 50 mbps or faster, cable/dsl	$40.48 £30.27	$96.30 €85.95	+137.9%
1-Bedroom apartment in downtown area	$2,841.09 £2,124.26	$2,799.34 €2,498.52	-1.5%
1-Bedroom apartment outside city center	$2,287.10 £1,710.05	$5,337.22 €4,763.67	+133.4%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$284.00 £212.35	$410.15 €366.08	+44.4%
Average			+54.0%

London vs. Monte Carlo - Cost of housing

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pay 23.2% less for childcare

	London	Monte Carlo
Private preschool for 1 child, monthly	$2,857.20 £2,136.31	$3,583.15 €3,198.10	+25.4%
Middle school for 1 child, two semesters	$35,755.44 £26,734.06	$16,796.03 €14,991.10	-53.0%
Average			-23.2%

London vs. Monte Carlo - Cost of childcare

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pay 55.1% more for entertainment and sports

	London	Monte Carlo
Domestic/local beer (1 pint)	$9.25 £6.92	$10.08 €8.99	+8.9%
Cappuccino in mid-range area	$5.62 £4.20	$4.20 €3.75	-25.3%
Pack of cigarettes Marlboro or similar	$23.46 £17.54	$12.32 €10.99	-47.5%
Monthly membership at local gym	$60.55 £45.27	$531.87 €474.72	+778.5%
Movie ticket to theater/cinema	$17.84 £13.34	$17.92 €15.99	+0.4%
Average			+55.1%

London vs. Monte Carlo - Cost of entertainment and sports

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pay 66.5% more for clothing

	London	Monte Carlo
Regular jeans Levi's brand	$113.97 £85.22	$223.95 €199.88	+96.5%
Regular dress from H&M or similar store	$53.96 £40.34	$78.38 €69.96	+45.3%
Running shoes Nike or Adidas	$125.54 £93.86	$195.95 €174.90	+56.1%
Men's business shoes (leather)	$162.46 £121.47	$279.93 €249.85	+72.3%
Average			+66.5%

London vs. Monte Carlo - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

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