Cost of living in Monaco compared to India
Currency:
| Food | + 474% | |||
|---|---|---|---|---|
| Food in Monaco is 474% more expensive than in India | ||||
| Basic lunchtime menu (including a drink) in the business district | €44 (₨3,462) | ₨388 | + 793% | |
| Combo meal in fast food restaurant (big mac meal or similar) | €15 (₨1,198) | ₨281 | + 327% | |
| 500 gr (1 lb.) of boneless chicken breast | €10 (₨783) | ₨141 | + 456% | |
| 1 liter (1 qt.) of whole fat milk | - | ₨52 | - | |
| 12 eggs, large | €10 (₨783) | ₨72 | + 987% | |
| 1 kg (2 lb.) of tomatoes | €8 (₨626) | ₨37 | + 1599% | |
| 500 gr (16 oz.) of local cheese | €10 (₨783) | ₨214 | + 266% | |
| 1 kg (2 lb.) of apples | €5.00 (₨391) | ₨140 | + 179% | |
| 1 kg (2 lb.) of potatoes | €5.00 (₨391) | ₨28 | + 1280% | |
| 0.5 l (16 oz) domestic beer in the supermarket | €10 (₨783) | ₨127 | + 515% | |
| 1 bottle of red table wine, good quality | €8 (₨600) | ₨825 | - 27% | |
| 2 liters of coca-cola | €5.00 (₨391) | ₨84 | + 364% | |
| Bread for 2 people for 1 day | €1.20 (₨94) | ₨35 | + 166% | |
| Housing | + 813% | |||
| Housing in Monaco is 813% more expensive than in India | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €7,000 (₨547,813) | ₨31,177 | + 1657% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €4,000 (₨313,036) | ₨20,116 | + 1456% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €250 (₨19,565) | ₨4,308 | + 354% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €3,700 (₨289,558) | ₨23,440 | + 1135% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €3,000 (₨234,777) | ₨13,618 | + 1624% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €120 (₨9,391) | ₨3,250 | + 189% | |
| Internet 8 mbps (1 month) | - | ₨743 | - | |
| 40” flat screen tv | €480 (₨37,564) | ₨30,078 | + 25% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €180 (₨14,087) | ₨10,522 | + 34% | |
| Laundry detergent (3 l. ~ 100 oz.) | - | ₨379 | - | |
| Hourly rate for cleaning help | €20 (₨1,526) | ₨325 | + 369% | |
| Clothes | + 196% | |||
| Clothes in Monaco is 196% more expensive than in India | ||||
| 1 pair of jeans (levis 501 or similar) | €85 (₨6,652) | ₨2,357 | + 182% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | €65 (₨5,087) | ₨2,543 | + 100% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | €240 (₨18,782) | ₨3,755 | + 400% | |
| 1 pair of men’s leather business shoes | €430 (₨33,651) | ₨2,819 | + 1094% | |
| Transportation | + 112% | |||
| Transportation in Monaco is 112% more expensive than in India | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | - | ₨930,451 | - | |
| 1 liter (1/4 gallon) of gas | €1.60 (₨125) | ₨76 | + 65% | |
| Monthly ticket public transport | €69 (₨5,416) | ₨1,216 | + 345% | |
| Personal Care | + 212% | |||
| Personal Care in Monaco is 212% more expensive than in India | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | - | ₨106 | - | |
| 1 box of antibiotics (12 doses) | - | ₨211 | - | |
| Short visit to private doctor (15 minutes) | €200 (₨15,652) | ₨975 | + 1506% | |
| 1 box of 32 tampons (tampax, ob, ...) | - | ₨248 | - | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | €8 (₨587) | ₨173 | + 240% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | - | ₨242 | - | |
| 4 rolls of toilet paper | - | ₨152 | - | |
| Tube of toothpaste | - | ₨69 | - | |
| Standard men's haircut in expat area of the city | €40 (₨3,130) | ₨243 | + 1188% | |
| Entertainment | + 143% | |||
| Entertainment in Monaco is 143% more expensive than in India | ||||
| Basic dinner out for two in neighborhood pub | €50 (₨3,913) | ₨1,179 | + 232% | |
| 2 tickets to the movies | €26 (₨2,035) | ₨467 | + 335% | |
| 2 tickets to the theater (best available seats) | €400 (₨31,304) | ₨1,718 | + 1722% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €100 (₨7,826) | ₨1,945 | + 302% | |
| 1 cocktail drink in downtown club | €20 (₨1,565) | ₨686 | + 128% | |
| Cappuccino in expat area of the city | €3.50 (₨274) | ₨220 | + 24% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | €7 (₨509) | ₨228 | + 123% | |
| Ipad wi-fi 128gb | - | ₨34,436 | - | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | - | ₨3.67 | - | |
| 1 month of gym membership in business district | €55 (₨4,304) | ₨1,918 | + 124% | |
| 1 package of marlboro cigarettes | €7 (₨528) | ₨243 | + 117% | |
| TOTAL | + 360% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 18,506 prices entered by 2,286 different people.
These prices were last updated on February 25, 2020.
Exchange rate:
78.259
INR
/
EUR
Cost of living in Monaco is 360% more expensive than in India
Other Country Comparisons
- Cost of living in Antarctica is in India
- Cost of living in United Arab Emirates is 171% more expensive than in India
- Cost of living in Argentina is about the same as in India
- Cost of living in Netherlands Antilles is 145% more expensive than in India
- Cost of living in Antigua and Barbuda is 93% more expensive than in India
- Cost of living in Armenia is 28% more expensive than in India
- Cost of living in American Samoa is in India
- Cost of living in Afghanistan is 44% more expensive than in India