Cost of living in Monaco vs Verona, Italy
Currency:
Food | + 62% | |||
---|---|---|---|---|
Food in Monaco is 62% more expensive than in Verona (Italy) | ||||
Basic lunchtime menu (including a drink) in the business district | €23 | €13 | + 78% | |
Combo meal in fast food restaurant (big mac meal or similar) | €9 | €8 | + 12% | |
500 gr (1 lb.) of boneless chicken breast | €5.60 | €4.33 | + 29% | |
1 liter (1 qt.) of whole fat milk | €1.57 | €1.37 | + 15% | |
12 eggs, large | €4.32 | €4.20 | + 3% | |
1 kg (2 lb.) of tomatoes | €2.67 | €1.87 | + 43% | |
500 gr (16 oz.) of local cheese | €8 | €5.74 | + 35% | |
1 kg (2 lb.) of apples | €3.11 | €1.70 | + 83% | |
1 kg (2 lb.) of potatoes | €5.06 | €1.39 | + 264% | |
0.5 l (16 oz) domestic beer in the supermarket | €2.07 | €1.38 | + 49% | |
1 bottle of red table wine, good quality | €9 | €7 | + 37% | |
2 liters of coca-cola | €3.79 | €2.27 | + 67% | |
Bread for 2 people for 1 day | €2.76 | €1.03 | + 168% | |
Housing | + 305% | |||
Housing in Monaco is 305% more expensive than in Verona (Italy) | ||||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €5,701 | €965 | + 491% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €4,747 | €672 | + 606% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €186 | €178 | + 4% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €3,727 | €630 | + 492% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €2,539 | €483 | + 425% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €94 | €100 | - 6% | |
Internet 8 mbps (1 month) | €34 | €24 | + 40% | |
40” flat screen tv | €596 | €431 | + 38% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €157 | €122 | + 29% | |
Laundry detergent (3 l. ~ 100 oz.) | €6 | €4.99 | + 29% | |
Hourly rate for cleaning help | €16 | €9 | + 76% | |
Clothes | + 5% | |||
Clothes in Monaco is 5% more expensive than in Verona (Italy) | ||||
1 pair of jeans (levis 501 or similar) | €88 | €94 | - 6% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | €39 | €35 | + 13% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | €87 | €91 | - 5% | |
1 pair of men’s leather business shoes | €148 | €130 | + 14% | |
Transportation | + 8% | |||
Transportation in Monaco is 8% more expensive than in Verona (Italy) | ||||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €23,761 | €20,723 | + 15% | |
1 liter (1/4 gallon) of gas | €1.61 | €1.45 | + 11% | |
Monthly ticket public transport | €32 | €34 | - 5% | |
Taxi trip on a business day, basic tariff, 8 km. (5 miles) | €27 | €20 | + 33% | |
Personal Care | + 12% | |||
Personal Care in Monaco is 12% more expensive than in Verona (Italy) | ||||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | €3.90 | €8 | - 49% | |
1 box of antibiotics (12 doses) | €7 | €8 | - 8% | |
Short visit to private doctor (15 minutes) | €79 | €99 | - 20% | |
1 box of 32 tampons (tampax, ob, ...) | €5.44 | €5.45 | - 0% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | €5.05 | €3.61 | + 40% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €5.18 | €3.88 | + 34% | |
4 rolls of toilet paper | €2.99 | €1.61 | + 86% | |
Tube of toothpaste | €3.20 | €2.34 | + 37% | |
Standard men's haircut in expat area of the city | €37 | €19 | + 98% | |
Entertainment | + 84% | |||
Entertainment in Monaco is 84% more expensive than in Verona (Italy) | ||||
Basic dinner out for two in neighborhood pub | €61 | €39 | + 56% | |
2 tickets to the movies | €22 | €16 | + 34% | |
2 tickets to the theater (best available seats) | €388 | €94 | + 315% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €97 | €58 | + 67% | |
1 cocktail drink in downtown club | €17 | €7 | + 140% | |
Cappuccino in expat area of the city | €3.95 | €1.45 | + 171% | |
1 beer in neighbourhood pub (500ml or 1pt.) | €5.64 | €4.61 | + 22% | |
Ipad wi-fi 128gb | €793 | €447 | + 77% | |
1 min. of prepaid mobile tariff (no discounts or plans) | €0.40 | €0.18 | + 123% | |
1 month of gym membership in business district | €92 | €48 | + 89% | |
1 package of marlboro cigarettes | €7 | €5.29 | + 30% | |
TOTAL | + 107% |

These prices were last updated on February 28, 2021.
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Cost of living in Monaco is 107% more expensive than in Verona (Italy)
For example, you would need at least €5,390 in Monaco to maintain the same standard of living that you can have with €2,600 in Verona.
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