Cost of living comparison

Australia

compared to

Monaco

Monte Carlo vs. Sydney Cost of Living Summary

Monte Carlo is 61.4% more expensive than Sydney.

Restaurants: pay 91.4% more in Monte Carlo
Groceries: pay 64.5% more in Monte Carlo
Transportation: pay 6.6% more in Monte Carlo
Housing: pay 91.6% more in Monte Carlo
Childcare: pay 1.8% less in Monte Carlo
Entertainment and Sports: pay 54.2% more in Monte Carlo
Clothing: pay 85.5% more in Monte Carlo

The cost of housing, restaurants, clothing, groceries, entertainment and sports, and transportation in Monte Carlo are more expensive than in Sydney. Notably, housing, restaurants, and clothing are significantly more expensive in Monte Carlo.

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Monte Carlo vs. Sydney Cost Breakdown

If you lived in Monte Carlo instead of Sydney, you would:

Display currency: USD

pay 91.4% more for restaurants

	Sydney	Monte Carlo
Basic meal with drink at inexpensive restaurant	$17.41 A$24.76	$41.99 €37.48	+141.2%
Fast food combo meal McDonalds, or similar	$11.84 A$16.84	$11.20 €9.99	-5.4%
Bottle of Coca-Cola (11 fl. oz)	$2.81 A$4.00	$8.96 €8.00	+218.8%
Bottle of water (11 fl. oz)	$2.22 A$3.15	$10.56 €9.43	+376.8%
Average			+91.4%

Sydney vs. Monte Carlo - Cost of restaurants

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pay 64.5% more for groceries

	Sydney	Monte Carlo
Bread 1 loaf	$2.85 A$4.05	$5.04 €4.50	+77.0%
Local cheese (8 oz)	$5.93 A$8.44	$10.64 €9.49	+79.2%
Milk (1 gallon)	$6.42 A$9.13	$8.48 €7.57	+32.0%
Eggs 1 dozen	$5.56 A$7.90	$4.70 €4.20	-15.3%
Boneless chicken breast (1 lb)	$4.34 A$6.17	$7.62 €6.80	+75.6%
Apples (1 lb)	$1.81 A$2.57	$2.79 €2.49	+54.7%
Bananas (1 lb)	$1.45 A$2.07	$3.30 €2.95	+127.0%
Oranges (1 lb)	$1.56 A$2.22	$2.17 €1.94	+39.2%
Tomatoes (1 lb)	$1.98 A$2.82	$3.81 €3.40	+92.3%
Potatoes (1 lb)	$1.48 A$2.10	$2.54 €2.27	+72.0%
Onions (1 lb)	$1.07 A$1.52	$2.54 €2.27	+137.4%
Average			+64.5%

Sydney vs. Monte Carlo - Cost of groceries

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pay 6.6% more for transportation

	Sydney	Monte Carlo
Gasoline (1 gallon)	$5.40 A$7.68	$9.20 €8.21	+70.3%
Monthly public transit pass	$151.36 A$215.30	$37.51 €33.48	-75.2%
New Volkswagen Golf 1.4 (standard edition)	$28,893.97 A$41,100.95	$54,374.36 €48,531.18	+88.2%
Taxi trip in downtown area (5 miles)	$16.24 A$23.10	$23.51 €20.99	+44.8%
Average			+6.6%

Sydney vs. Monte Carlo - Cost of transportation

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pay 91.6% more for housing

	Sydney	Monte Carlo
Internet connection 50 mbps or faster, cable/dsl	$56.21 A$79.96	$96.30 €85.95	+71.3%
1-Bedroom apartment in downtown area	$2,517.32 A$3,580.82	$2,799.34 €2,498.52	+11.2%
1-Bedroom apartment outside city center	$1,743.66 A$2,480.32	$5,337.22 €4,763.67	+206.1%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$168.46 A$239.63	$410.15 €366.08	+143.5%
Average			+91.6%

Sydney vs. Monte Carlo - Cost of housing

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pay 1.8% less for childcare

	Sydney	Monte Carlo
Private preschool for 1 child, monthly	$2,195.71 A$3,123.34	$3,583.15 €3,198.10	+63.2%
Middle school for 1 child, two semesters	$28,441.13 A$40,456.80	$16,796.03 €14,991.10	-40.9%
Average			-1.8%

Sydney vs. Monte Carlo - Cost of childcare

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pay 54.2% more for entertainment and sports

	Sydney	Monte Carlo
Domestic/local beer (1 pint)	$7.66 A$10.89	$10.08 €8.99	+31.6%
Cappuccino in mid-range area	$3.97 A$5.65	$4.20 €3.75	+5.7%
Pack of cigarettes Marlboro or similar	$44.55 A$63.37	$12.32 €10.99	-72.4%
Monthly membership at local gym	$75.28 A$107.09	$531.87 €474.72	+606.5%
Movie ticket to theater/cinema	$17.41 A$24.76	$17.92 €15.99	+2.9%
Average			+54.2%

Sydney vs. Monte Carlo - Cost of entertainment and sports

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pay 85.5% more for clothing

	Sydney	Monte Carlo
Regular jeans Levi's brand	$78.68 A$111.91	$223.95 €199.88	+184.6%
Regular dress from H&M or similar store	$69.62 A$99.04	$78.38 €69.96	+12.6%
Running shoes Nike or Adidas	$111.40 A$158.46	$195.95 €174.90	+75.9%
Men's business shoes (leather)	$133.24 A$189.52	$279.93 €249.85	+110.1%
Average			+85.5%

Sydney vs. Monte Carlo - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

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