Cost of living comparison
compared to
Canada vs. Monaco Cost of Living Summary
Canada is 49.0% cheaper than Monaco overall.
- Restaurants
-
pay 55.1% less in Canada
- Groceries
-
pay 37.6% less in Canada
- Transportation
-
pay 8.7% less in Canada
- Housing
-
pay 64.1% less in Canada
- Childcare
-
pay 69.2% less in Canada
- Entertainment and Sports
-
pay 41.5% less in Canada
- Clothing
-
pay 66.9% less in Canada
Expenses including childcare, clothing, housing, restaurants, entertainment and sports, and groceries are lower in Canada.
Canada vs. Monaco Cost Breakdown
If you lived in Canada instead of Monaco, you would:
pay 55.1% less for restaurants
|
Monaco
|
Canada
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$39.76
€34.28
|
$16.68
CA$23.33
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.60
€10.00
|
$10.26
CA$14.35
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$6.54
€5.64
|
$2.01
CA$2.81
|
|
| Bottle of water (11 fl. oz) |
$9.00
€7.76
|
$1.66
CA$2.32
|
|
Monaco vs. Canada - Cost of restaurants
pay 37.6% less for groceries
|
Monaco
|
Canada
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.78
€4.12
|
$2.50
CA$3.50
|
|
| Local cheese (8 oz) |
$11.68
€10.07
|
$5.32
CA$7.45
|
|
| Milk (1 gallon) |
$7.92
€6.83
|
$8.12
CA$11.36
|
|
|
Eggs
1 dozen
|
$5.24
€4.52
|
$3.44
CA$4.81
|
|
| Boneless chicken breast (1 lb) |
$7.89
€6.80
|
$5.30
CA$7.41
|
|
| Apples (1 lb) |
$2.06
€1.78
|
$1.78
CA$2.49
|
|
| Bananas (1 lb) |
$2.52
€2.17
|
$0.66
CA$0.93
|
|
| Oranges (1 lb) |
$2.27
€1.95
|
$1.62
CA$2.27
|
|
| Tomatoes (1 lb) |
$3.07
€2.65
|
$1.77
CA$2.47
|
|
| Potatoes (1 lb) |
$2.15
€1.85
|
$1.15
CA$1.61
|
|
| Onions (1 lb) |
$1.99
€1.71
|
$1.14
CA$1.60
|
|
Monaco vs. Canada - Cost of groceries
pay 8.7% less for transportation
|
Monaco
|
Canada
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$9.23
€7.96
|
$4.22
CA$5.91
|
|
| Monthly public transit pass |
$32.41
€27.95
|
$65.98
CA$92.29
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$53,574.22
€46,198.50
|
$24,583.45
CA$34,386.10
|
|
| Taxi trip in downtown area (5 miles) |
$23.36
€20.14
|
$16.38
CA$22.91
|
|
Monaco vs. Canada - Cost of transportation
pay 64.1% less for housing
|
Monaco
|
Canada
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$83.51
€72.01
|
$61.20
CA$85.60
|
|
| 1-Bedroom apartment in downtown area |
$8,162.46
€7,038.71
|
$1,228.04
CA$1,717.72
|
|
| 1-Bedroom apartment outside city center |
$5,372.75
€4,633.07
|
$1,109.76
CA$1,552.28
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$318.65
€274.78
|
$110.65
CA$154.78
|
|
Monaco vs. Canada - Cost of housing
pay 69.2% less for childcare
|
Monaco
|
Canada
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$3,007.57
€2,593.51
|
$720.23
CA$1,007.42
|
|
| Middle school for 1 child, two semesters |
$32,046.71
€27,634.75
|
$12,062.51
CA$16,872.44
|
|
Monaco vs. Canada - Cost of childcare
pay 41.5% less for entertainment and sports
|
Monaco
|
Canada
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.22
€8.81
|
$5.23
CA$7.32
|
|
| Cappuccino in mid-range area |
$5.37
€4.63
|
$3.65
CA$5.10
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.72
€11.83
|
$13.37
CA$18.70
|
|
| Monthly membership at local gym |
$558.45
€481.56
|
$43.26
CA$60.51
|
|
| Movie ticket to theater/cinema |
$16.35
€14.10
|
$11.18
CA$15.64
|
|
Monaco vs. Canada - Cost of entertainment and sports
pay 66.9% less for clothing
|
Monaco
|
Canada
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$211.84
€182.68
|
$53.62
CA$75.01
|
|
|
Regular dress
from H&M or similar store
|
$87.40
€75.37
|
$41.27
CA$57.72
|
|
|
Running shoes
Nike or Adidas
|
$221.48
€190.99
|
$86.13
CA$120.47
|
|
| Men's business shoes (leather) |
$487.05
€420.00
|
$103.00
CA$144.07
|
|
Monaco vs. Canada - Cost of clothing
The statistics used to build this comparison are calculated using data from users just like you.
We average the price of thousands of data points entered by users across the world.
Learn more about our data sources. Page last updated: November 2025
Change currency:
Help us improve these prices
MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate.
Learn more
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Canada or Monaco. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.