Cost of living comparison
Monaco is 4.4 times more expensive than South Korea.
If you lived in Monaco instead of South Korea, you would:
pay 6.1 times more for restaurants
South Korea
|
Monaco
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$6.13
₩8,447
|
$41.23
€38.51
|
|
Fast food combo meal
McDonalds, or similar
|
$5.18
₩7,137
|
$10.44
€9.76
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.41
₩1,938
|
$5.94
€5.55
|
|
Bottle of water (11 fl. oz) |
$0.67
₩930
|
$7.70
€7.20
|
|
pay 13.0% more for groceries
South Korea
|
Monaco
|
||
---|---|---|---|
Bread
1 loaf
|
$2.74
₩3,780
|
$3.80
€3.55
|
|
Local cheese (8 oz) |
$8.12
₩11,188
|
$10.72
€10.01
|
|
Milk (1 gallon) |
$7.20
₩9,922
|
$8.50
€7.94
|
|
Eggs
1 dozen
|
$2.73
₩3,764
|
$4.29
€4.01
|
|
Boneless chicken breast (1 lb) |
$3.58
₩4,940
|
$6.64
€6.20
|
|
Apples (1 lb) |
$2.90
₩3,991
|
$1.33
€1.24
|
|
Bananas (1 lb) |
$1.51
₩2,080
|
$1.99
€1.86
|
|
Oranges (1 lb) |
$2.66
₩3,667
|
$0.71
€0.66
|
|
Tomatoes (1 lb) |
$2.29
₩3,159
|
$1.87
€1.75
|
|
Potatoes (1 lb) |
$1.40
₩1,925
|
$1.37
€1.28
|
|
Onions (1 lb) |
$1.08
₩1,494
|
$1.39
€1.30
|
|
pay 31.9% more for transportation
South Korea
|
Monaco
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.92
₩6,786
|
$8.27
€7.72
|
|
Monthly public transit pass |
$43.73
₩60,258
|
$38.21
€35.69
|
|
New Volkswagen Golf 1.4 (standard edition) |
$28,660.56
₩39,493,672
|
$21,988.99
€20,540.05
|
|
Taxi trip in downtown area (5 miles) |
$9.34
₩12,865
|
$18.25
€17.05
|
|
pay 9.1 times more for housing
South Korea
|
Monaco
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$21.09
₩29,060
|
$107.38
€100.30
|
|
1-Bedroom apartment in downtown area |
$392.42
₩540,750
|
$5,818.99
€5,435.55
|
|
1-Bedroom apartment outside city center |
$302.43
₩416,742
|
$4,384.68
€4,095.76
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$111.18
₩153,199
|
$226.60
€211.67
|
|
pay 5.6 times more for childcare
South Korea
|
Monaco
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$342.96
₩472,586
|
$3,518.24
€3,286.41
|
|
Middle school for 1 child, two semesters |
$18,987.50
₩26,164,395
|
$19,240.37
€17,972.54
|
|
pay 4.6 times more for entertainment and sports
South Korea
|
Monaco
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.92
₩4,021
|
$8.80
€8.22
|
|
Cappuccino in mid-range area |
$3.29
₩4,533
|
$4.42
€4.13
|
|
Pack of cigarettes
Marlboro or similar
|
$3.45
₩4,754
|
$12.09
€11.30
|
|
Monthly membership at local gym |
$44.03
₩60,668
|
$604.70
€564.85
|
|
Movie ticket to theater/cinema |
$8.93
₩12,299
|
$13.19
€12.32
|
|
pay 2.8 times more for clothing
South Korea
|
Monaco
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$48.44
₩66,752
|
$142.47
€133.08
|
|
Regular dress
from H&M or similar store
|
$44.60
₩61,457
|
$39.03
€36.46
|
|
Running shoes
Nike or Adidas
|
$75.46
₩103,978
|
$149.66
€139.80
|
|
Men's business shoes (leather) |
$91.03
₩125,443
|
$481.56
€449.83
|
|
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