Cost of living in Monaco is 47% more expensive than in Salt Lake City, Utah (United States)
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This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 333 prices entered by 38 different people.
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Currency:
| Food | + 25% | |||
|---|---|---|---|---|
| Food in Monaco is 25% more expensive than in Salt Lake City, Utah (United States) | ||||
| Update prices | Update prices | |||
| Monaco | Salt Lake City, Utah | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | €24 ($26) | $21 | + 22% | |
| Combo meal in fast food restaurant (big mac meal or similar) | €11 ($12) | $11 | + 10% | |
| 500 gr (1 lb.) of boneless chicken breast | €6 ($7) | $4.74 | + 43% | |
| 1 liter (1 qt.) of whole fat milk | €1.30 ($1.36) | $0.95 | + 44% | |
| 12 eggs, large | €4.69 ($4.93) | $4.56 | + 8% | |
| 1 kg (2 lb.) of tomatoes | €3.25 ($3.41) | $2.81 | + 21% | |
| 500 gr (16 oz.) of local cheese | €8 ($8) | $5.85 | + 38% | |
| 1 kg (2 lb.) of apples | €3.32 ($3.49) | $3.84 | - 9% | |
| 1 kg (2 lb.) of potatoes | €5.69 ($5.97) | $1.59 | + 276% | |
| 0.5 l (16 oz) domestic beer in the supermarket | €2.81 ($2.95) | $2.14 | + 38% | |
| 1 bottle of red table wine, good quality | €11 ($12) | $14 | - 20% | |
| 2 liters of coca-cola | €3.31 ($3.48) | $2.86 | + 22% | |
| Bread for 2 people for 1 day | €2.52 ($2.65) | $2.47 | + 7% | |
| Housing | + 149% | |||
| Housing in Monaco is 149% more expensive than in Salt Lake City, Utah (United States) | ||||
| Update prices | Update prices | |||
| Monaco | Salt Lake City, Utah | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €9,280 ($9,748) | $2,587 | + 277% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €7,025 ($7,380) | $1,713 | + 331% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €264 ($277) | $213 | + 30% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €4,069 ($4,274) | $1,767 | + 142% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €2,802 ($2,944) | $1,329 | + 121% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €123 ($129) | $150 | - 14% | |
| Internet 8 mbps (1 month) | €38 ($40) | $58 | - 30% | |
| 40” flat screen tv | €639 ($671) | $244 | + 175% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | - | $117 | - | |
| Laundry detergent (3 l. ~ 100 oz.) | €9 ($9) | $15 | - 39% | |
| Hourly rate for cleaning help | €17 ($18) | $24 | - 25% | |
| Clothes | + 24% | |||
| Clothes in Monaco is 24% more expensive than in Salt Lake City, Utah (United States) | ||||
| Update prices | Update prices | |||
| Monaco | Salt Lake City, Utah | Diff | ||
| 1 pair of jeans (levis 501 or similar) | €93 ($98) | $54 | + 82% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | €44 ($46) | $38 | + 21% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | €90 ($95) | $118 | - 19% | |
| 1 pair of men’s leather business shoes | - | $120 | - | |
| Transportation | - 39% | |||
| Transportation in Monaco is 39% cheaper than in Salt Lake City, Utah (United States) | ||||
| Update prices | Update prices | |||
| Monaco | Salt Lake City, Utah | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €24,489 ($25,726) | $28,475 | - 10% | |
| 1 liter (1/4 gallon) of gas | €1.70 ($1.78) | $1.03 | + 73% | |
| Monthly ticket public transport | €30 ($32) | $93 | - 66% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | €34 ($36) | $28 | + 28% | |
| Personal Care | - 16% | |||
| Personal Care in Monaco is 16% cheaper than in Salt Lake City, Utah (United States) | ||||
| Update prices | Update prices | |||
| Monaco | Salt Lake City, Utah | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | - | $7 | - | |
| 1 box of antibiotics (12 doses) | €6 ($7) | $20 | - 67% | |
| Short visit to private doctor (15 minutes) | €78 ($81) | $123 | - 34% | |
| 1 box of 32 tampons (tampax, ob, ...) | - | $8 | - | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | - | $4.63 | - | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | - | $4.43 | - | |
| 4 rolls of toilet paper | - | $3.32 | - | |
| Tube of toothpaste | - | $1.85 | - | |
| Standard men's haircut in expat area of the city | €48 ($50) | $24 | + 111% | |
| Entertainment | + 73% | |||
| Entertainment in Monaco is 73% more expensive than in Salt Lake City, Utah (United States) | ||||
| Update prices | Update prices | |||
| Monaco | Salt Lake City, Utah | Diff | ||
| Basic dinner out for two in neighborhood pub | €71 ($74) | $51 | + 44% | |
| 2 tickets to the movies | €22 ($23) | $28 | - 16% | |
| 2 tickets to the theater (best available seats) | €432 ($454) | $160 | + 184% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €100 ($105) | $79 | + 32% | |
| 1 cocktail drink in downtown club | €19 ($20) | $13 | + 50% | |
| Cappuccino in expat area of the city | €4.67 ($4.91) | $5.77 | - 15% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | €5.88 ($6) | $5.84 | + 6% | |
| Ipad wi-fi 128gb | €865 ($908) | $433 | + 110% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | €0.32 ($0.33) | $0.05 | + 568% | |
| 1 month of gym membership in business district | €94 ($99) | $38 | + 160% | |
| 1 package of marlboro cigarettes | €7 ($8) | $8 | - 8% | |
 |
TOTAL | + 47% | ||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 333 prices entered by 38 different people.
These prices were last updated on September 28, 2023.
Exchange rate:
1.050
USD
/
EUR
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For example, you would need at least $11,037 (€10,507) in Monaco to maintain the same standard of living that you can have with $7,500 in Salt Lake City, Utah.
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