Cost of living in Monaco compared to China
Currency:
| Food | + 199% | |||
|---|---|---|---|---|
| Food in Monaco is 199% more expensive than in China | ||||
| Basic lunchtime menu (including a drink) in the business district | €29 (229元) | 42元 | + 450% | |
| Combo meal in fast food restaurant (big mac meal or similar) | €10 (78元) | 34元 | + 128% | |
| 500 gr (1 lb.) of boneless chicken breast | €5.92 (47元) | 15元 | + 207% | |
| 1 liter (1 qt.) of whole fat milk | €1.00 (8元) | 15元 | - 46% | |
| 12 eggs, large | €7 (55元) | 13元 | + 316% | |
| 1 kg (2 lb.) of tomatoes | €4.43 (35元) | 8元 | + 352% | |
| 500 gr (16 oz.) of local cheese | €8 (63元) | 47元 | + 33% | |
| 1 kg (2 lb.) of apples | €3.22 (26元) | 14元 | + 81% | |
| 1 kg (2 lb.) of potatoes | €3.47 (28元) | 5.82元 | + 374% | |
| 0.5 l (16 oz) domestic beer in the supermarket | €5.92 (47元) | 5.43元 | + 766% | |
| 1 bottle of red table wine, good quality | €12 (95元) | 103元 | - 8% | |
| 2 liters of coca-cola | €2.96 (24元) | 8元 | + 208% | |
| Bread for 2 people for 1 day | €3.00 (24元) | 14元 | + 72% | |
| Housing | + 173% | |||
| Housing in Monaco is 173% more expensive than in China | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €4,196 (33,323元) | 8,580元 | + 288% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €2,573 (20,430元) | 4,449元 | + 359% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €225 (1,783元) | 386元 | + 362% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €200 (1,588元) | 5,174元 | - 69% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €1,450 (11,514元) | 3,034元 | + 280% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €175 (1,390元) | 280元 | + 396% | |
| Internet 8 mbps (1 month) | €15 (119元) | 87元 | + 37% | |
| 40” flat screen tv | €150 (1,191元) | 2,283元 | - 48% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €100 (794元) | 525元 | + 51% | |
| Laundry detergent (3 l. ~ 100 oz.) | €7 (56元) | 38元 | + 45% | |
| Hourly rate for cleaning help | €3.00 (24元) | 50元 | - 52% | |
| Clothes | + 18% | |||
| Clothes in Monaco is 18% more expensive than in China | ||||
| 1 pair of jeans (levis 501 or similar) | €25 (199元) | 443元 | - 55% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | €50 (397元) | 233元 | + 71% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | €60 (476元) | 593元 | - 20% | |
| 1 pair of men’s leather business shoes | €40 (318元) | 532元 | - 40% | |
| Transportation | - 5% | |||
| Transportation in Monaco is 5% cheaper than in China | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €12,500 (99,261元) | 131,184元 | - 24% | |
| 1 liter (1/4 gallon) of gas | €1.00 (8元) | 7元 | + 17% | |
| Monthly ticket public transport | - | 151元 | - | |
| Personal Care | + 39% | |||
| Personal Care in Monaco is 39% more expensive than in China | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | €5.00 (40元) | 32元 | + 23% | |
| 1 box of antibiotics (12 doses) | €6.00 (48元) | 34元 | + 41% | |
| Short visit to private doctor (15 minutes) | €61 (484元) | 357元 | + 36% | |
| 1 box of 32 tampons (tampax, ob, ...) | €3.00 (24元) | 40元 | - 40% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | €3.75 (30元) | 50元 | - 40% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €6.00 (48元) | 33元 | + 45% | |
| 4 rolls of toilet paper | €2.00 (16元) | 8元 | + 96% | |
| Tube of toothpaste | €2.00 (16元) | 11元 | + 47% | |
| Standard men's haircut in expat area of the city | €80 (635元) | 74元 | + 758% | |
| Entertainment | + 14% | |||
| Entertainment in Monaco is 14% more expensive than in China | ||||
| Basic dinner out for two in neighborhood pub | €24 (191元) | 179元 | + 7% | |
| 2 tickets to the movies | €25 (199元) | 96元 | + 106% | |
| 2 tickets to the theater (best available seats) | €50 (397元) | 1,203元 | - 67% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €39 (310元) | 359元 | - 14% | |
| 1 cocktail drink in downtown club | €4.18 (33元) | 67元 | - 50% | |
| Cappuccino in expat area of the city | €2.00 (16元) | 32元 | - 50% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | €4.00 (32元) | 28元 | + 15% | |
| Ipad wi-fi 128gb | €750 (5,956元) | 3,283元 | + 81% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | €0.05 (0.40元) | 0.28元 | + 42% | |
| 1 month of gym membership in business district | €50 (397元) | 312元 | + 27% | |
| 1 package of marlboro cigarettes | €3.00 (24元) | 20元 | + 20% | |
| TOTAL | + 94% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 2,514 prices entered by 293 different people.
These prices were last updated on June 01, 2020.
Exchange rate:
7.941
CNY
/
EUR
Cost of living in Monaco is 94% more expensive than in China
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