Cost of living comparison
Italy is 39.9% cheaper than Monaco.
If you lived in Italy instead of Monaco, you would:
pay 46.2% less for restaurants
Monaco
|
Italy
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$27.49
€25.70
|
$15.74
€14.72
|
|
Fast food combo meal
McDonalds, or similar
|
$9.90
€9.25
|
$9.09
€8.50
|
|
Bottle of Coca-Cola (11 fl. oz) |
$5.17
€4.83
|
$2.45
€2.29
|
|
Bottle of water (11 fl. oz) |
$6.10
€5.71
|
$1.16
€1.08
|
|
pay 17.2% less for groceries
Monaco
|
Italy
|
||
---|---|---|---|
Bread
1 loaf
|
$4.12
€3.85
|
$1.86
€1.74
|
|
Local cheese (8 oz) |
$7.70
€7.20
|
$7.20
€6.73
|
|
Milk (1 gallon) |
$7.28
€6.81
|
$4.88
€4.57
|
|
Eggs
1 dozen
|
$3.26
€3.05
|
$3.14
€2.94
|
|
Boneless chicken breast (1 lb) |
$4.99
€4.66
|
$4.47
€4.18
|
|
Apples (1 lb) |
$0.83
€0.78
|
$0.96
€0.90
|
|
Bananas (1 lb) |
$1.00
€0.93
|
$0.84
€0.79
|
|
Oranges (1 lb) |
$0.91
€0.85
|
$0.94
€0.88
|
|
Tomatoes (1 lb) |
$1.75
€1.63
|
$1.20
€1.12
|
|
Potatoes (1 lb) |
$0.75
€0.70
|
$0.65
€0.61
|
|
Onions (1 lb) |
$1.16
€1.09
|
$0.71
€0.66
|
|
pay 5.5% more for transportation
Monaco
|
Italy
|
||
---|---|---|---|
Gasoline (1 gallon) |
$7.63
€7.13
|
$8.02
€7.50
|
|
Monthly public transit pass |
$39.58
€37.00
|
$38.40
€35.90
|
|
New Volkswagen Golf 1.4 (standard edition) |
$21,988.99
€20,557.18
|
$25,887.08
€24,201.44
|
|
Taxi trip in downtown area (5 miles) |
$18.25
€17.06
|
$18.65
€17.43
|
|
pay 58.3% less for housing
Monaco
|
Italy
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$77.33
€72.29
|
$30.75
€28.74
|
|
1-Bedroom apartment in downtown area |
$5,728.44
€5,355.43
|
$608.10
€568.51
|
|
1-Bedroom apartment outside city center |
$3,664.83
€3,426.20
|
$488.80
€456.97
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$146.95
€137.38
|
$151.72
€141.84
|
|
pay 71.6% less for childcare
Monaco
|
Italy
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$3,518.24
€3,289.15
|
$459.30
€429.39
|
|
Middle school for 1 child, two semesters |
$21,988.99
€20,557.18
|
$9,604.44
€8,979.05
|
|
pay 53.6% less for entertainment and sports
Monaco
|
Italy
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$7.70
€7.20
|
$4.83
€4.51
|
|
Cappuccino in mid-range area |
$4.74
€4.43
|
$1.60
€1.49
|
|
Pack of cigarettes
Marlboro or similar
|
$10.99
€10.28
|
$6.30
€5.89
|
|
Monthly membership at local gym |
$659.67
€616.72
|
$51.79
€48.42
|
|
Movie ticket to theater/cinema |
$13.19
€12.33
|
$9.32
€8.71
|
|
pay 38.0% less for clothing
Monaco
|
Italy
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$132.67
€124.03
|
$80.37
€75.13
|
|
Regular dress
from H&M or similar store
|
$34.08
€31.86
|
$36.54
€34.16
|
|
Running shoes
Nike or Adidas
|
$153.65
€143.64
|
$89.56
€83.73
|
|
Men's business shoes (leather) |
$523.34
€489.26
|
$114.84
€107.37
|
|
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