Cost of living comparison
Nicosia is 49.0% cheaper than Monaco.
If you lived in Nicosia instead of Monaco, you would:
pay 58.7% less for restaurants
Monaco
|
Nicosia
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$25.99
€24.11
|
$13.00
€12.06
|
|
Fast food combo meal
McDonalds, or similar
|
$10.83
€10.05
|
$7.58
€7.03
|
|
Bottle of Coca-Cola (11 fl. oz) |
$5.09
€4.72
|
$1.68
€1.56
|
|
Bottle of water (11 fl. oz) |
$7.15
€6.64
|
$0.88
€0.82
|
|
pay 27.6% less for groceries
Monaco
|
Nicosia
|
||
---|---|---|---|
Bread
1 loaf
|
$5.23
€4.86
|
$2.00
€1.85
|
|
Local cheese (8 oz) |
$8.12
€7.54
|
$6.16
€5.72
|
|
Milk (1 gallon) |
$7.17
€6.66
|
$6.42
€5.96
|
|
Eggs
1 dozen
|
$3.60
€3.34
|
$3.35
€3.11
|
|
Boneless chicken breast (1 lb) |
$4.81
€4.46
|
$3.88
€3.60
|
|
Apples (1 lb) |
$1.15
€1.06
|
$1.27
€1.18
|
|
Bananas (1 lb) |
$1.23
€1.14
|
$0.90
€0.84
|
|
Oranges (1 lb) |
$1.23
€1.14
|
$0.89
€0.83
|
|
Tomatoes (1 lb) |
$1.82
€1.69
|
$1.22
€1.14
|
|
Potatoes (1 lb) |
$0.96
€0.89
|
$0.58
€0.54
|
|
Onions (1 lb) |
$1.47
€1.37
|
$0.50
€0.47
|
|
pay 2.9% more for transportation
Monaco
|
Nicosia
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.64
€8.01
|
$5.70
€5.29
|
|
Monthly public transit pass |
$23.83
€22.10
|
$54.15
€50.24
|
|
New Volkswagen Golf 1.4 (standard edition) |
$46,760.68
€43,382.22
|
$27,020.53
€25,068.30
|
|
Taxi trip in downtown area (5 miles) |
$20.58
€19.09
|
$12.45
€11.55
|
|
pay 67.4% less for housing
Monaco
|
Nicosia
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$61.73
€57.27
|
$29.51
€27.38
|
|
1-Bedroom apartment in downtown area |
$8,169.63
€7,579.38
|
$686.76
€637.14
|
|
1-Bedroom apartment outside city center |
$6,497.92
€6,028.45
|
$565.47
€524.62
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$237.50
€220.34
|
$155.79
€144.54
|
|
pay 82.0% less for childcare
Monaco
|
Nicosia
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$2,111.82
€1,959.25
|
$401.79
€372.76
|
|
Middle school for 1 child, two semesters |
$43,184.11
€40,064.06
|
$7,295.41
€6,768.32
|
|
pay 49.1% less for entertainment and sports
Monaco
|
Nicosia
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.12
€7.54
|
$4.33
€4.02
|
|
Cappuccino in mid-range area |
$5.67
€5.26
|
$3.71
€3.45
|
|
Pack of cigarettes
Marlboro or similar
|
$13.54
€12.56
|
$5.41
€5.02
|
|
Monthly membership at local gym |
$521.19
€483.53
|
$65.52
€60.79
|
|
Movie ticket to theater/cinema |
$13.00
€12.06
|
$10.83
€10.05
|
|
pay 60.9% less for clothing
Monaco
|
Nicosia
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$162.81
€151.05
|
$78.82
€73.12
|
|
Regular dress
from H&M or similar store
|
$65.34
€60.62
|
$31.68
€29.39
|
|
Running shoes
Nike or Adidas
|
$187.00
€173.49
|
$83.03
€77.03
|
|
Men's business shoes (leather) |
$632.46
€586.77
|
$96.57
€89.59
|
|
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