Cost of living in Monaco is 83% more expensive than in Nice (France)
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This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 181 prices entered by 26 different people.
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| Food | + 30% | |||
|---|---|---|---|---|
| Food in Monaco is 30% more expensive than in Nice (France) | ||||
| Update prices | Update prices | |||
| Monaco | Nice | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | €24 | €18 | + 39% | |
| Combo meal in fast food restaurant (big mac meal or similar) | €11 | €11 | + 2% | |
| 500 gr (1 lb.) of boneless chicken breast | €6 | €5.87 | + 10% | |
| 1 liter (1 qt.) of whole fat milk | €1.30 | €1.41 | - 8% | |
| 12 eggs, large | €4.69 | €5.26 | - 11% | |
| 1 kg (2 lb.) of tomatoes | €3.25 | €3.03 | + 7% | |
| 500 gr (16 oz.) of local cheese | €8 | €11 | - 27% | |
| 1 kg (2 lb.) of apples | €3.32 | €2.58 | + 29% | |
| 1 kg (2 lb.) of potatoes | €5.69 | €1.71 | + 232% | |
| 0.5 l (16 oz) domestic beer in the supermarket | €2.81 | €2.35 | + 20% | |
| 1 bottle of red table wine, good quality | €11 | €8 | + 37% | |
| 2 liters of coca-cola | €3.31 | €2.49 | + 33% | |
| Bread for 2 people for 1 day | €2.52 | €1.35 | + 86% | |
| Housing | + 265% | |||
| Housing in Monaco is 265% more expensive than in Nice (France) | ||||
| Update prices | Update prices | |||
| Monaco | Nice | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €9,280 | €1,721 | + 439% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €7,025 | €1,249 | + 463% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €264 | €219 | + 21% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €4,069 | €946 | + 330% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €2,802 | €697 | + 302% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €123 | €157 | - 22% | |
| Internet 8 mbps (1 month) | €38 | €31 | + 24% | |
| 40” flat screen tv | €639 | €378 | + 69% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | - | €106 | - | |
| Laundry detergent (3 l. ~ 100 oz.) | €9 | €10 | - 9% | |
| Hourly rate for cleaning help | €17 | €16 | + 8% | |
| Clothes | + 13% | |||
| Clothes in Monaco is 13% more expensive than in Nice (France) | ||||
| Update prices | Update prices | |||
| Monaco | Nice | Diff | ||
| 1 pair of jeans (levis 501 or similar) | €93 | €79 | + 19% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | €44 | €38 | + 15% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | €90 | €87 | + 4% | |
| 1 pair of men’s leather business shoes | - | €104 | - | |
| Transportation | - 12% | |||
| Transportation in Monaco is 12% cheaper than in Nice (France) | ||||
| Update prices | Update prices | |||
| Monaco | Nice | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €24,489 | €32,850 | - 25% | |
| 1 liter (1/4 gallon) of gas | €1.70 | €1.83 | - 8% | |
| Monthly ticket public transport | €30 | €38 | - 19% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | €34 | €25 | + 39% | |
| Personal Care | + 37% | |||
| Personal Care in Monaco is 37% more expensive than in Nice (France) | ||||
| Update prices | Update prices | |||
| Monaco | Nice | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | - | €5.81 | - | |
| 1 box of antibiotics (12 doses) | €6 | €8 | - 21% | |
| Short visit to private doctor (15 minutes) | €78 | €25 | + 207% | |
| 1 box of 32 tampons (tampax, ob, ...) | - | €4.10 | - | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | - | €4.02 | - | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | - | €4.26 | - | |
| 4 rolls of toilet paper | - | €1.87 | - | |
| Tube of toothpaste | - | €2.06 | - | |
| Standard men's haircut in expat area of the city | €48 | €16 | + 193% | |
| Entertainment | + 48% | |||
| Entertainment in Monaco is 48% more expensive than in Nice (France) | ||||
| Update prices | Update prices | |||
| Monaco | Nice | Diff | ||
| Basic dinner out for two in neighborhood pub | €71 | €39 | + 83% | |
| 2 tickets to the movies | €22 | €27 | - 18% | |
| 2 tickets to the theater (best available seats) | €432 | €65 | + 563% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €100 | €70 | + 42% | |
| 1 cocktail drink in downtown club | €19 | €12 | + 62% | |
| Cappuccino in expat area of the city | €4.67 | €3.70 | + 26% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | €5.88 | €8 | - 26% | |
| Ipad wi-fi 128gb | €865 | €592 | + 46% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | €0.32 | €0.28 | + 13% | |
| 1 month of gym membership in business district | €94 | €31 | + 209% | |
| 1 package of marlboro cigarettes | €7 | €10 | - 31% | |
 |
TOTAL | + 83% | ||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 181 prices entered by 26 different people.
These prices were last updated on September 28, 2023.
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For example, you would need at least €9,347 in Monaco to maintain the same standard of living that you can have with €5,100 in Nice.
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