Cost of living in Monaco compared to China
Currency:
| Food | + 132% | |||
|---|---|---|---|---|
| Food in Monaco is 132% more expensive than in China | ||||
| Monaco | China | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | €24 (181元) | 46元 | + 290% | |
| Combo meal in fast food restaurant (big mac meal or similar) | €13 (96元) | 40元 | + 141% | |
| 500 gr (1 lb.) of boneless chicken breast | €10 (76元) | 16元 | + 376% | |
| 1 liter (1 qt.) of whole fat milk | €1.60 (12元) | 18元 | - 33% | |
| 12 eggs, large | €5.48 (42元) | 19元 | + 122% | |
| 1 kg (2 lb.) of tomatoes | €3.80 (29元) | 11元 | + 166% | |
| 500 gr (16 oz.) of local cheese | €7 (53元) | 63元 | - 15% | |
| 1 kg (2 lb.) of apples | €3.00 (23元) | 15元 | + 47% | |
| 1 kg (2 lb.) of potatoes | €1.80 (14元) | 6元 | + 115% | |
| 0.5 l (16 oz) domestic beer in the supermarket | €4.00 (30元) | 7元 | + 315% | |
| 1 bottle of red table wine, good quality | €15 (114元) | 118元 | - 3% | |
| 2 liters of coca-cola | €2.50 (19元) | 8元 | + 125% | |
| Bread for 2 people for 1 day | €2.50 (19元) | 16元 | + 15% | |
| Housing | + 488% | |||
| Housing in Monaco is 488% more expensive than in China | ||||
| Monaco | China | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €12,922 (98,196元) | 15,059元 | + 552% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €8,757 (66,545元) | 9,006元 | + 639% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €314 (2,384元) | 421元 | + 466% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €4,888 (37,144元) | 7,547元 | + 392% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €3,999 (30,388元) | 4,347元 | + 599% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €220 (1,672元) | 262元 | + 538% | |
| Internet 8 mbps (1 month) | €50 (380元) | 115元 | + 229% | |
| 40” flat screen tv | €800 (6,079元) | 1,143元 | + 432% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €230 (1,748元) | 589元 | + 197% | |
| Laundry detergent (3 l. ~ 100 oz.) | €14 (108元) | 39元 | + 180% | |
| Hourly rate for cleaning help | €23 (171元) | 51元 | + 237% | |
| Clothes | + 64% | |||
| Clothes in Monaco is 64% more expensive than in China | ||||
| Monaco | China | Diff | ||
| 1 pair of jeans (levis 501 or similar) | €100 (760元) | 529元 | + 44% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | - | 248元 | - | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | €303 (2,306元) | 626元 | + 268% | |
| 1 pair of men’s leather business shoes | €300 (2,280元) | 828元 | + 175% | |
| Transportation | + 39% | |||
| Transportation in Monaco is 39% more expensive than in China | ||||
| Monaco | China | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €40,549 (308,128元) | 161,247元 | + 91% | |
| 1 liter (1/4 gallon) of gas | €1.98 (15元) | 9元 | + 75% | |
| Monthly ticket public transport | €27 (205元) | 204元 | + 1% | |
| Personal Care | + 79% | |||
| Personal Care in Monaco is 79% more expensive than in China | ||||
| Monaco | China | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | €11 (87元) | 39元 | + 122% | |
| 1 box of antibiotics (12 doses) | €5.60 (43元) | 27元 | + 58% | |
| Short visit to private doctor (15 minutes) | €60 (456元) | 391元 | + 17% | |
| 1 box of 32 tampons (tampax, ob, ...) | €6 (49元) | 53元 | - 7% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | €4.37 (33元) | 33元 | - 0% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €6.00 (46元) | 34元 | + 32% | |
| 4 rolls of toilet paper | €5.00 (38元) | 13元 | + 188% | |
| Tube of toothpaste | €4.00 (30元) | 15元 | + 106% | |
| Standard men's haircut in expat area of the city | €80 (608元) | 74元 | + 718% | |
| Entertainment | + 265% | |||
| Entertainment in Monaco is 265% more expensive than in China | ||||
| Monaco | China | Diff | ||
| Basic dinner out for two in neighborhood pub | €135 (1,028元) | 265元 | + 289% | |
| 2 tickets to the movies | €40 (308元) | 110元 | + 179% | |
| 2 tickets to the theater (best available seats) | €963 (7,317元) | 1,294元 | + 465% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €100 (760元) | 348元 | + 119% | |
| 1 cocktail drink in downtown club | €20 (152元) | 79元 | + 92% | |
| Cappuccino in expat area of the city | €7 (56元) | 29元 | + 91% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | €10 (73元) | 18元 | + 306% | |
| Ipad wi-fi 128gb | €903 (6,866元) | 3,321元 | + 107% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | €0.21 (1.56元) | 0.20元 | + 682% | |
| 1 month of gym membership in business district | €300 (2,280元) | 410元 | + 455% | |
| 1 package of marlboro cigarettes | €10 (76元) | 24元 | + 214% | |
| TOTAL | + 237% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 1,388 prices entered by 145 different people.
These prices were last updated on May 31, 2023.
Exchange rate:
7.599
CNY
/
EUR
Cost of living in Monaco is 237% more expensive than in China
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