Cost of living in Monaco vs Ghent, Belgium
Currency:
| Food | + 58% | |||
|---|---|---|---|---|
| Food in Monaco is 58% more expensive than in Ghent (Belgium) | ||||
| Basic lunchtime menu (including a drink) in the business district | €23 | €16 | + 45% | |
| Combo meal in fast food restaurant (big mac meal or similar) | €9 | €9 | + 4% | |
| 500 gr (1 lb.) of boneless chicken breast | €5.60 | €3.67 | + 53% | |
| 1 liter (1 qt.) of whole fat milk | €1.57 | €0.97 | + 62% | |
| 12 eggs, large | €4.32 | €2.28 | + 90% | |
| 1 kg (2 lb.) of tomatoes | €2.67 | €1.87 | + 43% | |
| 500 gr (16 oz.) of local cheese | €8 | €5.47 | + 42% | |
| 1 kg (2 lb.) of apples | €3.11 | €1.70 | + 83% | |
| 1 kg (2 lb.) of potatoes | €5.06 | €1.22 | + 314% | |
| 0.5 l (16 oz) domestic beer in the supermarket | €2.07 | €1.71 | + 21% | |
| 1 bottle of red table wine, good quality | €9 | €7 | + 32% | |
| 2 liters of coca-cola | €3.79 | €2.45 | + 55% | |
| Bread for 2 people for 1 day | €2.76 | €1.18 | + 133% | |
| Housing | + 260% | |||
| Housing in Monaco is 260% more expensive than in Ghent (Belgium) | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €5,701 | €1,020 | + 459% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €4,747 | €836 | + 468% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €186 | €155 | + 20% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €3,727 | €779 | + 378% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €2,539 | €531 | + 378% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €94 | €123 | - 23% | |
| Internet 8 mbps (1 month) | €34 | €29 | + 17% | |
| 40” flat screen tv | €596 | €383 | + 55% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €157 | €117 | + 34% | |
| Laundry detergent (3 l. ~ 100 oz.) | €6 | €11 | - 39% | |
| Hourly rate for cleaning help | €16 | €10 | + 64% | |
| Clothes | - 0% | |||
| Clothes in Monaco is about the same as in Ghent (Belgium) | ||||
| 1 pair of jeans (levis 501 or similar) | €88 | €79 | + 12% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | €39 | €43 | - 8% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | €87 | €93 | - 7% | |
| 1 pair of men’s leather business shoes | €148 | €129 | + 15% | |
| Transportation | - 12% | |||
| Transportation in Monaco is 12% cheaper than in Ghent (Belgium) | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €23,761 | €23,515 | + 1% | |
| 1 liter (1/4 gallon) of gas | €1.61 | €1.34 | + 21% | |
| Monthly ticket public transport | €32 | €48 | - 32% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | €27 | €28 | - 2% | |
| Personal Care | + 52% | |||
| Personal Care in Monaco is 52% more expensive than in Ghent (Belgium) | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | €3.90 | €7 | - 45% | |
| 1 box of antibiotics (12 doses) | €7 | €9 | - 26% | |
| Short visit to private doctor (15 minutes) | €79 | €26 | + 200% | |
| 1 box of 32 tampons (tampax, ob, ...) | €5.44 | €4.50 | + 21% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | €5.05 | €3.72 | + 36% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €5.18 | €3.39 | + 53% | |
| 4 rolls of toilet paper | €2.99 | €1.36 | + 121% | |
| Tube of toothpaste | €3.20 | €2.40 | + 33% | |
| Standard men's haircut in expat area of the city | €37 | €22 | + 73% | |
| Entertainment | + 94% | |||
| Entertainment in Monaco is 94% more expensive than in Ghent (Belgium) | ||||
| Basic dinner out for two in neighborhood pub | €61 | €35 | + 75% | |
| 2 tickets to the movies | €22 | €21 | + 8% | |
| 2 tickets to the theater (best available seats) | €388 | €48 | + 718% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €97 | €51 | + 90% | |
| 1 cocktail drink in downtown club | €17 | €8 | + 113% | |
| Cappuccino in expat area of the city | €3.95 | €3.09 | + 28% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | €5.64 | €4.65 | + 21% | |
| Ipad wi-fi 128gb | €793 | €438 | + 81% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | €0.40 | €0.23 | + 70% | |
| 1 month of gym membership in business district | €92 | €27 | + 240% | |
| 1 package of marlboro cigarettes | €7 | €6 | + 8% | |
| TOTAL | + 95% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 191 prices entered by 22 different people.
These prices were last updated on February 24, 2021.
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Cost of living in Monaco is 95% more expensive than in Ghent (Belgium)
For example, you would need at least €5,642 in Monaco to maintain the same standard of living that you can have with €2,900 in Ghent.
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