Cost of living in Monaco vs Aalborg, Denmark
Currency:
| Food | + 33% | |||
|---|---|---|---|---|
| Food in Monaco is 33% more expensive than in Aalborg (Denmark) | ||||
| Basic lunchtime menu (including a drink) in the business district | €23 (kr173) | kr136 | + 28% | |
| Combo meal in fast food restaurant (big mac meal or similar) | €9 (kr64) | kr67 | - 5% | |
| 500 gr (1 lb.) of boneless chicken breast | €5.60 (kr42) | kr29 | + 43% | |
| 1 liter (1 qt.) of whole fat milk | €1.57 (kr12) | kr8 | + 49% | |
| 12 eggs, large | €4.32 (kr32) | kr26 | + 25% | |
| 1 kg (2 lb.) of tomatoes | €2.47 (kr18) | kr22 | - 17% | |
| 500 gr (16 oz.) of local cheese | €8 (kr58) | kr63 | - 9% | |
| 1 kg (2 lb.) of apples | €3.11 (kr23) | kr18 | + 29% | |
| 1 kg (2 lb.) of potatoes | €5.06 (kr38) | kr10 | + 262% | |
| 0.5 l (16 oz) domestic beer in the supermarket | €1.69 (kr13) | kr11 | + 13% | |
| 1 bottle of red table wine, good quality | €9 (kr67) | kr79 | - 15% | |
| 2 liters of coca-cola | €3.79 (kr28) | kr19 | + 48% | |
| Bread for 2 people for 1 day | €2.76 (kr21) | kr11 | + 90% | |
| Housing | + 221% | |||
| Housing in Monaco is 221% more expensive than in Aalborg (Denmark) | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €5,701 (kr42,451) | kr8,536 | + 397% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €4,747 (kr35,352) | kr5,788 | + 511% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €186 (kr1,383) | kr1,220 | + 13% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €3,651 (kr27,184) | kr5,337 | + 409% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €2,567 (kr19,119) | kr3,926 | + 387% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €94 (kr703) | kr1,589 | - 56% | |
| Internet 8 mbps (1 month) | €33 (kr244) | kr188 | + 30% | |
| 40” flat screen tv | €596 (kr4,440) | kr3,570 | + 24% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €157 (kr1,168) | kr710 | + 64% | |
| Laundry detergent (3 l. ~ 100 oz.) | €6 (kr48) | kr57 | - 15% | |
| Hourly rate for cleaning help | €15 (kr114) | kr154 | - 26% | |
| Clothes | - 2% | |||
| Clothes in Monaco is about the same as in Aalborg (Denmark) | ||||
| 1 pair of jeans (levis 501 or similar) | €88 (kr655) | kr786 | - 17% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | €39 (kr291) | kr244 | + 19% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | €87 (kr647) | kr727 | - 11% | |
| 1 pair of men’s leather business shoes | €148 (kr1,103) | kr1,206 | - 8% | |
| Transportation | - 29% | |||
| Transportation in Monaco is 29% cheaper than in Aalborg (Denmark) | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €23,761 (kr176,938) | kr301,099 | - 41% | |
| 1 liter (1/4 gallon) of gas | €1.60 (kr12) | kr10 | + 17% | |
| Monthly ticket public transport | €32 (kr242) | kr386 | - 37% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | €27 (kr200) | kr255 | - 21% | |
| Personal Care | + 15% | |||
| Personal Care in Monaco is 15% more expensive than in Aalborg (Denmark) | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | €3.90 (kr29) | kr58 | - 50% | |
| 1 box of antibiotics (12 doses) | €7 (kr52) | kr73 | - 29% | |
| Short visit to private doctor (15 minutes) | €79 (kr588) | - | - | |
| 1 box of 32 tampons (tampax, ob, ...) | €5.44 (kr41) | kr58 | - 30% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | €5.05 (kr38) | kr28 | + 36% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €5.18 (kr39) | kr29 | + 33% | |
| 4 rolls of toilet paper | €2.99 (kr22) | kr13 | + 72% | |
| Tube of toothpaste | €3.20 (kr24) | kr16 | + 48% | |
| Standard men's haircut in expat area of the city | €37 (kr279) | kr176 | + 58% | |
| Entertainment | + 73% | |||
| Entertainment in Monaco is 73% more expensive than in Aalborg (Denmark) | ||||
| Basic dinner out for two in neighborhood pub | €60 (kr447) | kr344 | + 30% | |
| 2 tickets to the movies | €22 (kr165) | kr191 | - 14% | |
| 2 tickets to the theater (best available seats) | €388 (kr2,892) | kr475 | + 509% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €97 (kr722) | kr616 | + 17% | |
| 1 cocktail drink in downtown club | €17 (kr130) | kr77 | + 69% | |
| Cappuccino in expat area of the city | €3.95 (kr29) | kr41 | - 28% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | €5.64 (kr42) | kr33 | + 28% | |
| Ipad wi-fi 128gb | €793 (kr5,902) | kr3,258 | + 81% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | €0.40 (kr2.96) | kr0.93 | + 217% | |
| 1 month of gym membership in business district | €92 (kr682) | kr230 | + 197% | |
| 1 package of marlboro cigarettes | €7 (kr51) | kr42 | + 20% | |
| TOTAL | + 66% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 240 prices entered by 15 different people.
These prices were last updated on January 22, 2021.
Exchange rate:
7.447
DKK
/
EUR
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Cost of living in Monaco is 66% more expensive than in Aalborg (Denmark)
For example, you would need at least kr44,932 (€6,034) in Monaco to maintain the same standard of living that you can have with kr27,000 in Aalborg.
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