Cost of living comparison
Italy is 45.8% cheaper than Monaco.
If you lived in Italy instead of Monaco, you would:
pay 54.6% less for restaurants
Monaco
|
Italy
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$41.23
€38.67
|
$15.74
€14.77
|
|
Fast food combo meal
McDonalds, or similar
|
$10.44
€9.80
|
$9.09
€8.52
|
|
Bottle of Coca-Cola (11 fl. oz) |
$5.94
€5.57
|
$2.45
€2.29
|
|
Bottle of water (11 fl. oz) |
$7.70
€7.23
|
$1.16
€1.09
|
|
pay 34.2% less for groceries
Monaco
|
Italy
|
||
---|---|---|---|
Bread
1 loaf
|
$3.80
€3.57
|
$1.86
€1.74
|
|
Local cheese (8 oz) |
$10.72
€10.05
|
$7.20
€6.75
|
|
Milk (1 gallon) |
$8.50
€7.97
|
$4.88
€4.58
|
|
Eggs
1 dozen
|
$4.29
€4.02
|
$3.14
€2.95
|
|
Boneless chicken breast (1 lb) |
$6.64
€6.23
|
$4.47
€4.19
|
|
Apples (1 lb) |
$1.33
€1.25
|
$0.96
€0.90
|
|
Bananas (1 lb) |
$1.99
€1.87
|
$0.84
€0.79
|
|
Oranges (1 lb) |
$0.71
€0.66
|
$0.94
€0.88
|
|
Tomatoes (1 lb) |
$1.87
€1.75
|
$1.20
€1.12
|
|
Potatoes (1 lb) |
$1.37
€1.29
|
$0.65
€0.61
|
|
Onions (1 lb) |
$1.39
€1.30
|
$0.71
€0.67
|
|
pay 4.3% more for transportation
Monaco
|
Italy
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.27
€7.75
|
$8.02
€7.52
|
|
Monthly public transit pass |
$38.21
€35.83
|
$38.40
€36.01
|
|
New Volkswagen Golf 1.4 (standard edition) |
$21,988.99
€20,622.73
|
$25,887.08
€24,278.61
|
|
Taxi trip in downtown area (5 miles) |
$18.25
€17.12
|
$18.65
€17.49
|
|
pay 70.7% less for housing
Monaco
|
Italy
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$107.38
€100.71
|
$30.75
€28.84
|
|
1-Bedroom apartment in downtown area |
$5,818.99
€5,457.43
|
$608.10
€570.32
|
|
1-Bedroom apartment outside city center |
$4,384.68
€4,112.24
|
$488.80
€458.43
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$226.60
€212.52
|
$151.72
€142.29
|
|
pay 68.5% less for childcare
Monaco
|
Italy
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$3,518.24
€3,299.64
|
$459.30
€430.76
|
|
Middle school for 1 child, two semesters |
$19,240.37
€18,044.89
|
$9,604.44
€9,007.68
|
|
pay 55.5% less for entertainment and sports
Monaco
|
Italy
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.80
€8.25
|
$4.83
€4.53
|
|
Cappuccino in mid-range area |
$4.42
€4.15
|
$1.60
€1.50
|
|
Pack of cigarettes
Marlboro or similar
|
$12.09
€11.34
|
$6.30
€5.91
|
|
Monthly membership at local gym |
$604.70
€567.13
|
$51.79
€48.57
|
|
Movie ticket to theater/cinema |
$13.19
€12.37
|
$9.32
€8.74
|
|
pay 41.6% less for clothing
Monaco
|
Italy
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$142.47
€133.62
|
$80.37
€75.37
|
|
Regular dress
from H&M or similar store
|
$39.03
€36.61
|
$36.54
€34.27
|
|
Running shoes
Nike or Adidas
|
$149.66
€140.36
|
$89.56
€83.99
|
|
Men's business shoes (leather) |
$481.56
€451.64
|
$114.84
€107.71
|
|
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