Cost of living comparison

Monaco

compared to

United Kingdom

London vs. Monaco Cost of Living Summary

London is 31.7% cheaper than Monaco.

Restaurants: pay 6.2% less in London
Groceries: pay 20.1% less in London
Transportation: pay 71.9% more in London
Housing: pay 64.1% less in London
Childcare: pay 2.4% more in London
Entertainment and Sports: pay 13.1% less in London
Clothing: pay 46.5% less in London

The cost of transportation and childcare in London are more expensive than in Monaco. Expenses including housing, clothing, groceries, entertainment and sports, and restaurants are lower in London.

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London vs. Monaco Cost Breakdown

If you lived in London instead of Monaco, you would:

Display currency: USD

pay 6.2% less for restaurants

	Monaco	London
Basic meal with drink at inexpensive restaurant	$19.60 €17.44	$26.43 £19.83	+34.9%
Fast food combo meal McDonalds, or similar	$12.32 €10.96	$10.57 £7.93	-14.2%
Bottle of Coca-Cola (11 fl. oz)	$6.08 €5.41	$2.95 £2.22	-51.4%
Bottle of water (11 fl. oz)	$4.48 €3.99	$2.16 £1.62	-51.9%
Average			-6.2%

Monaco vs. London - Cost of restaurants

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pay 20.1% less for groceries

	Monaco	London
Bread 1 loaf	$3.31 €2.94	$2.04 £1.53	-38.4%
Local cheese (8 oz)	$6.83 €6.08	$6.36 £4.77	-7.0%
Milk (1 gallon)	$6.71 €5.97	$6.98 £5.24	+4.0%
Eggs 1 dozen	$4.87 €4.33	$5.01 £3.76	+2.8%
Boneless chicken breast (1 lb)	$7.62 €6.78	$4.81 £3.61	-36.8%
Apples (1 lb)	$1.46 €1.30	$1.40 £1.05	-3.7%
Bananas (1 lb)	$1.27 €1.13	$0.63 £0.47	-50.2%
Oranges (1 lb)	$1.23 €1.09	$1.38 £1.03	+12.3%
Tomatoes (1 lb)	$1.57 €1.40	$1.52 £1.14	-3.6%
Potatoes (1 lb)	$1.10 €0.98	$0.74 £0.55	-33.1%
Onions (1 lb)	$1.27 €1.13	$0.80 £0.60	-37.0%
Average			-20.1%

Monaco vs. London - Cost of groceries

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pay 71.9% more for transportation

	Monaco	London
Gasoline (1 gallon)	$8.62 €7.67	$7.95 £5.96	-7.8%
Monthly public transit pass	$23.51 €20.93	$245.79 £184.41	+945.3%
New Volkswagen Golf 1.4 (standard edition)	$48,347.38 €43,030.91	$38,182.92 £28,648.64	-21.0%
Taxi trip in downtown area (5 miles)	??	$31.77 £23.84
Average			+71.9%

Monaco vs. London - Cost of transportation

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pay 64.1% less for housing

	Monaco	London
Internet connection 50 mbps or faster, cable/dsl	$63.82 €56.81	$40.48 £30.38	-36.6%
1-Bedroom apartment in downtown area	$9,144.51 €8,138.94	$2,841.09 £2,131.67	-68.9%
1-Bedroom apartment outside city center	$8,248.72 €7,341.66	$2,287.10 £1,716.01	-72.3%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$323.95 €288.33	$284.00 £213.09	-12.3%
Average			-64.1%

Monaco vs. London - Cost of housing

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pay 2.4% more for childcare

	Monaco	London
Private preschool for 1 child, monthly	$2,183.48 €1,943.38	$2,857.20 £2,143.76	+30.9%
Middle school for 1 child, two semesters	$44,649.46 €39,739.62	$35,755.44 £26,827.31	-19.9%
Average			+2.4%

Monaco vs. London - Cost of childcare

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pay 13.1% less for entertainment and sports

	Monaco	London
Domestic/local beer (1 pint)	$10.08 €8.97	$9.25 £6.94	-8.2%
Cappuccino in mid-range area	$3.70 €3.29	$5.62 £4.22	+52.1%
Pack of cigarettes Marlboro or similar	$14.00 €12.46	$23.46 £17.60	+67.6%
Monthly membership at local gym	$226.75 €201.81	$60.55 £45.43	-73.3%
Movie ticket to theater/cinema	$13.44 €11.96	$17.84 £13.38	+32.8%
Average			-13.1%

Monaco vs. London - Cost of entertainment and sports

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pay 46.5% less for clothing

	Monaco	London
Regular jeans Levi's brand	$150.42 €133.88	$113.97 £85.51	-24.2%
Regular dress from H&M or similar store	$83.42 €74.25	$53.96 £40.49	-35.3%
Running shoes Nike or Adidas	$167.21 €148.83	$125.54 £94.19	-24.9%
Men's business shoes (leather)	$727.27 €647.29	$162.46 £121.89	-77.7%
Average			-46.5%

Monaco vs. London - 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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