Cost of living in Monaco compared to India
Currency:
| Food | + 401% | |||
|---|---|---|---|---|
| Food in Monaco is 401% more expensive than in India | ||||
| Basic lunchtime menu (including a drink) in the business district | €22 (₨1,911) | ₨377 | + 407% | |
| Combo meal in fast food restaurant (big mac meal or similar) | €8 (₨710) | ₨294 | + 142% | |
| 500 gr (1 lb.) of boneless chicken breast | €9 (₨822) | ₨142 | + 481% | |
| 1 liter (1 qt.) of whole fat milk | €1.99 (₨176) | ₨52 | + 236% | |
| 12 eggs, large | €7 (₨601) | ₨73 | + 723% | |
| 1 kg (2 lb.) of tomatoes | €7 (₨643) | ₨36 | + 1679% | |
| 500 gr (16 oz.) of local cheese | €16 (₨1,414) | ₨227 | + 522% | |
| 1 kg (2 lb.) of apples | €4.12 (₨366) | ₨139 | + 162% | |
| 1 kg (2 lb.) of potatoes | €3.25 (₨289) | ₨31 | + 835% | |
| 0.5 l (16 oz) domestic beer in the supermarket | €4.88 (₨434) | ₨132 | + 228% | |
| 1 bottle of red table wine, good quality | €26 (₨2,291) | ₨772 | + 197% | |
| 2 liters of coca-cola | €3.97 (₨352) | ₨86 | + 310% | |
| Bread for 2 people for 1 day | €3.49 (₨310) | ₨36 | + 763% | |
| Housing | + 743% | |||
| Housing in Monaco is 743% more expensive than in India | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €1,500 (₨133,211) | ₨33,314 | + 300% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €2,573 (₨228,473) | ₨19,892 | + 1049% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €316 (₨28,038) | ₨4,541 | + 517% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €4,734 (₨420,384) | ₨19,031 | + 2109% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €2,787 (₨247,542) | ₨12,492 | + 1882% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €187 (₨16,635) | ₨3,334 | + 399% | |
| Internet 8 mbps (1 month) | €32 (₨2,801) | ₨676 | + 314% | |
| 40” flat screen tv | €372 (₨33,007) | ₨29,555 | + 12% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €164 (₨14,568) | ₨10,444 | + 39% | |
| Laundry detergent (3 l. ~ 100 oz.) | €7 (₨622) | ₨411 | + 51% | |
| Hourly rate for cleaning help | €12 (₨1,053) | ₨211 | + 399% | |
| Clothes | + 99% | |||
| Clothes in Monaco is 99% more expensive than in India | ||||
| 1 pair of jeans (levis 501 or similar) | €78 (₨6,894) | ₨2,314 | + 198% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | €40 (₨3,565) | ₨2,579 | + 38% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | €99 (₨8,828) | ₨3,601 | + 145% | |
| 1 pair of men’s leather business shoes | €168 (₨14,926) | ₨2,719 | + 449% | |
| Transportation | + 98% | |||
| Transportation in Monaco is 98% more expensive than in India | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €25,604 (₨2,273,799) | ₨918,724 | + 147% | |
| 1 liter (1/4 gallon) of gas | €1.40 (₨124) | ₨80 | + 56% | |
| Monthly ticket public transport | €30 (₨2,664) | ₨1,156 | + 130% | |
| Personal Care | + 288% | |||
| Personal Care in Monaco is 288% more expensive than in India | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | €11 (₨1,013) | ₨100 | + 909% | |
| 1 box of antibiotics (12 doses) | €7 (₨620) | ₨212 | + 192% | |
| Short visit to private doctor (15 minutes) | €78 (₨6,925) | ₨624 | + 1009% | |
| 1 box of 32 tampons (tampax, ob, ...) | €6 (₨573) | ₨316 | + 81% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | €4.37 (₨388) | ₨161 | + 140% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €6.00 (₨533) | ₨254 | + 110% | |
| 4 rolls of toilet paper | €3.48 (₨309) | ₨140 | + 120% | |
| Tube of toothpaste | €2.99 (₨265) | ₨68 | + 288% | |
| Standard men's haircut in expat area of the city | €54 (₨4,769) | ₨239 | + 1893% | |
| Entertainment | + 312% | |||
| Entertainment in Monaco is 312% more expensive than in India | ||||
| Basic dinner out for two in neighborhood pub | €81 (₨7,154) | ₨1,195 | + 499% | |
| 2 tickets to the movies | €27 (₨2,439) | ₨471 | + 417% | |
| 2 tickets to the theater (best available seats) | €518 (₨46,000) | ₨1,633 | + 2716% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €143 (₨12,694) | ₨1,629 | + 679% | |
| 1 cocktail drink in downtown club | €13 (₨1,111) | ₨568 | + 96% | |
| Cappuccino in expat area of the city | €4.96 (₨440) | ₨193 | + 128% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | €5.97 (₨530) | ₨189 | + 180% | |
| Ipad wi-fi 128gb | €793 (₨70,382) | ₨36,202 | + 94% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | €0.22 (₨20) | ₨5.27 | + 274% | |
| 1 month of gym membership in business district | €50 (₨4,440) | ₨1,589 | + 180% | |
| 1 package of marlboro cigarettes | €5.95 (₨529) | ₨271 | + 95% | |
| TOTAL | + 366% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 11,289 prices entered by 2,118 different people.
These prices were last updated on February 27, 2021.
Exchange rate:
88.807
INR
/
EUR
Cost of living in Monaco is 366% more expensive than in India
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