Cost of living comparison

compared to

New York City vs. Monte Carlo Cost of Living Summary

New York City is 1.9% cheaper than Monte Carlo.

Restaurants
pay 44.2% less in New York City
Groceries
pay 20.4% less in New York City
Transportation
pay 32.7% more in New York City
Housing
pay 29.9% less in New York City
Childcare
pay 2.1 times more in New York City
Entertainment and Sports
pay 8.4% less in New York City
Clothing
pay 48.9% less in New York City

The cost of childcare and transportation in New York City are more expensive than in Monte Carlo. Expenses including clothing, restaurants, housing, groceries, and entertainment and sports are lower in New York City. Notably, childcare is significantly more expensive in New York City.

New York City vs. Monte Carlo Cost Breakdown

If you lived in New York City instead of Monte Carlo, you would:

pay 44.2% less for restaurants

 
Monte Carlo
New York City
Basic meal with drink at inexpensive restaurant $56.15
€47.84
$25.00
 
Fast food combo meal
McDonalds, or similar
$11.23
€9.57
$13.00
 
Bottle of Coca-Cola (11 fl. oz) $7.13
€6.07
$3.09
 

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pay 20.4% less for groceries

 
Monte Carlo
New York City
Bread
1 loaf
$5.26
€4.48
$4.75
 
Local cheese (8 oz) $14.60
€12.44
$8.89
 
Milk (1 gallon) $8.84
€7.53
$6.05
 

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pay 32.7% more for transportation

 
Monte Carlo
New York City
Gasoline (1 gallon) $9.15
€7.80
$3.47
 
Monthly public transit pass $39.13
€33.34
$132.00
 
New Volkswagen Golf 1.4 (standard edition) $56,717.58
€48,323.71
$36,344.69
 

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pay 29.9% less for housing

 
Monte Carlo
New York City
Internet connection
50 mbps or faster, cable/dsl
$100.45
€85.58
$67.59
 
1-Bedroom apartment in downtown area $6,346.08
€5,406.90
$4,037.06
 
1-Bedroom apartment outside city center $2,277.58
€1,940.51
$2,496.67
 

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pay 2.1 times more for childcare

 
Monte Carlo
New York City
Private preschool for 1 child, monthly $3,737.57
€3,184.43
$3,154.10
 
Middle school for 1 child, two semesters $17,519.84
€14,927.01
$57,250.00
 

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pay 8.4% less for entertainment and sports

 
Monte Carlo
New York City
Domestic/local beer (1 pint) $10.51
€8.96
$8.00
 
Cappuccino in mid-range area $5.72
€4.87
$5.71
 
Pack of cigarettes
Marlboro or similar
$12.85
€10.95
$19.00
 

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pay 48.9% less for clothing

 
Monte Carlo
New York City
Regular jeans
Levi's brand
$233.60
€199.03
$67.80
 
Regular dress
from H&M or similar store
$81.76
€69.66
$49.94
 
Running shoes
Nike or Adidas
$204.40
€174.15
$115.58
 

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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: December 2025
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