Cost of living in Monaco vs Verona, Italy
Currency:
| Food | + 47% | |||
|---|---|---|---|---|
| Food in Monaco is 47% more expensive than in Verona (Italy) | ||||
| Basic lunchtime menu (including a drink) in the business district | €21 | €13 | + 61% | |
| Combo meal in fast food restaurant (big mac meal or similar) | €9 | €8 | + 7% | |
| 500 gr (1 lb.) of boneless chicken breast | €5.51 | €4.32 | + 28% | |
| 1 liter (1 qt.) of whole fat milk | €1.58 | €1.42 | + 11% | |
| 12 eggs, large | €4.45 | €4.15 | + 7% | |
| 1 kg (2 lb.) of tomatoes | €2.51 | €1.94 | + 29% | |
| 500 gr (16 oz.) of local cheese | €8 | €5.62 | + 36% | |
| 1 kg (2 lb.) of apples | €3.12 | €1.75 | + 79% | |
| 1 kg (2 lb.) of potatoes | €5.74 | €1.56 | + 268% | |
| 0.5 l (16 oz) domestic beer in the supermarket | €1.41 | €1.58 | - 11% | |
| 1 bottle of red table wine, good quality | €9 | €7 | + 16% | |
| 2 liters of coca-cola | €4.07 | €2.26 | + 80% | |
| Bread for 2 people for 1 day | €2.66 | €1.49 | + 79% | |
| Housing | + 286% | |||
| Housing in Monaco is 286% more expensive than in Verona (Italy) | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €5,831 | €1,114 | + 423% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €5,039 | €675 | + 646% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €181 | €191 | - 5% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €3,707 | €638 | + 481% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €2,312 | €484 | + 378% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €90 | €100 | - 10% | |
| Internet 8 mbps (1 month) | €35 | €24 | + 45% | |
| 40” flat screen tv | €772 | €438 | + 76% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €153 | €122 | + 26% | |
| Laundry detergent (3 l. ~ 100 oz.) | €6 | €4.73 | + 37% | |
| Hourly rate for cleaning help | €17 | €9 | + 88% | |
| Clothes | + 4% | |||
| Clothes in Monaco is about the same as in Verona (Italy) | ||||
| 1 pair of jeans (levis 501 or similar) | €87 | €94 | - 7% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | €38 | €34 | + 13% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | €82 | €89 | - 7% | |
| 1 pair of men’s leather business shoes | €139 | €127 | + 9% | |
| Transportation | + 6% | |||
| Transportation in Monaco is 6% more expensive than in Verona (Italy) | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €23,681 | €20,908 | + 13% | |
| 1 liter (1/4 gallon) of gas | €1.62 | €1.52 | + 7% | |
| Monthly ticket public transport | €33 | €33 | + 1% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | - | €20 | - | |
| Personal Care | + 22% | |||
| Personal Care in Monaco is 22% more expensive than in Verona (Italy) | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | €12 | €8 | + 61% | |
| 1 box of antibiotics (12 doses) | - | €8 | - | |
| Short visit to private doctor (15 minutes) | €87 | €99 | - 13% | |
| 1 box of 32 tampons (tampax, ob, ...) | €4.00 | €5.09 | - 21% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | €5.43 | €3.61 | + 50% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €4.00 | €3.88 | + 3% | |
| 4 rolls of toilet paper | €2.30 | €1.61 | + 43% | |
| Tube of toothpaste | €3.50 | €2.34 | + 50% | |
| Standard men's haircut in expat area of the city | €32 | €19 | + 70% | |
| Entertainment | + 71% | |||
| Entertainment in Monaco is 71% more expensive than in Verona (Italy) | ||||
| Basic dinner out for two in neighborhood pub | €60 | €41 | + 46% | |
| 2 tickets to the movies | €21 | €16 | + 29% | |
| 2 tickets to the theater (best available seats) | €327 | €94 | + 249% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €96 | €57 | + 71% | |
| 1 cocktail drink in downtown club | €20 | €8 | + 167% | |
| Cappuccino in expat area of the city | €3.89 | €1.41 | + 177% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | €5.58 | €4.40 | + 27% | |
| Ipad wi-fi 128gb | - | €444 | - | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | €0.40 | €0.18 | + 123% | |
| 1 month of gym membership in business district | €95 | €50 | + 90% | |
| 1 package of marlboro cigarettes | €7 | €5.26 | + 31% | |
| TOTAL | + 98% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 74 prices entered by 12 different people.
These prices were last updated on February 21, 2020.
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Cost of living in Monaco is 98% more expensive than in Verona (Italy)
For example, you would need at least €6,550 in Monaco to maintain the same standard of living that you can have with €3,300 in Verona.
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