Cost of living in Monaco
compared to
Cost of living in Monaco vs. Monaco overall average
Monaco is 3.7% cheaper than Monaco overall.
- Restaurants
-
pay 23.8% less in Monaco
- Groceries
-
pay 22.6% less in Monaco
- Transportation
-
pay 7.7% less in Monaco
- Housing
-
pay 10.0% more in Monaco
- Childcare
-
pay 10.5% more in Monaco
- Entertainment and Sports
-
pay 3.3% less in Monaco
- Clothing
-
pay 11.0% more in Monaco
The cost of clothing, childcare, and housing in Monaco are more expensive than in Monaco. Expenses including restaurants, groceries, transportation, and entertainment and sports are lower in Monaco.
Monaco Cost of Living Breakdown
Restaurants
|
Cost
|
Range | |
|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$23.36
€19.77
|
$15.77
$15.77
$58.40
$58.40
|
|
Fast food combo meal
McDonalds, or similar
|
$11.97
€10.13
|
$10.50
$10.50
$13.43
$13.43
|
| Bottle of Coca-Cola (11 fl. oz) |
$5.96
€5.04
|
$5.84
$5.84
$6.19
$6.19
|
| Bottle of water (11 fl. oz) |
$4.67
€3.95
|
-- |
Monaco - Cost of restaurants
Groceries
|
Cost
|
Range | |
|---|---|---|
|
Bread
1 loaf
|
$4.30
€3.64
|
$2.76
$2.76
$5.84
$5.84
|
| Local cheese (8 oz) |
$8.76
€7.41
|
$8.76
$8.76
$8.76
$8.76
|
| Milk (1 gallon) |
$7.00
€5.92
|
$5.53
$5.53
$8.84
$8.84
|
|
Eggs
1 dozen
|
$5.58
€4.72
|
$5.33
$5.33
$5.84
$5.84
|
| Boneless chicken breast (1 lb) |
$7.84
€6.63
|
$5.08
$5.08
$10.60
$10.60
|
| Apples (1 lb) |
$1.21
€1.02
|
$0.87
$0.87
$1.59
$1.59
|
| Bananas (1 lb) |
$1.59
€1.34
|
-- |
| Oranges (1 lb) |
$1.28
€1.08
|
$0.93
$0.93
$1.59
$1.59
|
| Tomatoes (1 lb) |
$2.17
€1.84
|
$1.59
$1.59
$3.18
$3.18
|
| Potatoes (1 lb) |
$1.65
€1.40
|
$1.06
$1.06
$2.65
$2.65
|
| Onions (1 lb) |
$1.32
€1.12
|
$1.06
$1.06
$1.58
$1.58
|
Monaco - Cost of groceries
Transportation
|
Cost
|
Range | |
|---|---|---|
| Gasoline (1 gallon) |
$9.31
€7.88
|
$8.84
$8.84
$9.42
$9.42
|
| Monthly public transit pass |
$25.70
€21.74
|
-- |
| New Volkswagen Golf 1.4 (standard edition) |
$50,430.87
€42,674.60
|
$44,383.61
$44K
$56,478.14
$56K
|
| Taxi trip in downtown area (5 miles) |
$22.19
€18.78
|
-- |
Monaco - Cost of transportation
Housing
|
Cost
|
Range | |
|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$66.58
€56.34
|
$57.23
$57.23
$84.10
$84.10
|
| 1-Bedroom apartment in downtown area |
$9,978.85
€8,444.10
|
$5,992.76
$6K
$15,183.86
$15K
|
| 1-Bedroom apartment outside city center |
$8,467.92
€7,165.56
|
$2,335.98
$2K
$14,599.87
$15K
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$256.14
€216.75
|
$210.20
$210.20
$290.28
$290.28
|
Monaco - Cost of housing
Childcare
|
Cost
|
Range | |
|---|---|---|
| Private preschool for 1 child, monthly |
$2,277.58
€1,927.29
|
$817.59
$817.59
$3,737.57
$4K
|
| Middle school for 1 child, two semesters |
$46,573.59
€39,410.57
|
$29,433.34
$29K
$70,079.38
$70K
|
Monaco - Cost of childcare
Entertainment and Sports
|
Cost
|
Range | |
|---|---|---|
| Domestic/local beer (1 pint) |
$9.93
€8.40
|
$5.26
$5.26
$14.02
$14.02
|
| Cappuccino in mid-range area |
$5.02
€4.25
|
$2.57
$2.57
$9.34
$9.34
|
|
Pack of cigarettes
Marlboro or similar
|
$14.60
€12.35
|
$11.68
$11.68
$17.52
$17.52
|
| Monthly membership at local gym |
$562.09
€475.64
|
$116.80
$116.80
$1,401.59
$1K
|
| Movie ticket to theater/cinema |
$14.02
€11.86
|
$11.68
$11.68
$14.02
$14.02
|
Monaco - Cost of entertainment and sports
Clothing
|
Cost
|
Range | |
|---|---|---|
|
Regular jeans
Levi's brand
|
$190.09
€160.85
|
$87.60
$87.60
$233.60
$233.60
|
|
Regular dress
from H&M or similar store
|
$93.05
€78.74
|
$37.38
$37.38
$116.80
$116.80
|
|
Running shoes
Nike or Adidas
|
$238.56
€201.87
|
$116.80
$116.80
$349.23
$349.23
|
| Men's business shoes (leather) |
$682.11
€577.20
|
$529.10
$529.10
$934.39
$934.39
|
Monaco - Cost of clothing
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