Cost of living in Monaco compared to India
Currency:
| Food | + 276% | |||
|---|---|---|---|---|
| Food in Monaco is 276% more expensive than in India | ||||
| Monaco | India | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | €24 (₨2,154) | ₨378 | + 469% | |
| Combo meal in fast food restaurant (big mac meal or similar) | €13 (₨1,143) | ₨353 | + 223% | |
| 500 gr (1 lb.) of boneless chicken breast | €10 (₨901) | ₨171 | + 427% | |
| 1 liter (1 qt.) of whole fat milk | €1.60 (₨145) | ₨58 | + 149% | |
| 12 eggs, large | €5.48 (₨496) | ₨84 | + 489% | |
| 1 kg (2 lb.) of tomatoes | €3.80 (₨344) | ₨45 | + 669% | |
| 500 gr (16 oz.) of local cheese | €7 (₨634) | ₨255 | + 149% | |
| 1 kg (2 lb.) of apples | €3.00 (₨272) | ₨176 | + 54% | |
| 1 kg (2 lb.) of potatoes | €1.80 (₨163) | ₨32 | + 412% | |
| 0.5 l (16 oz) domestic beer in the supermarket | €4.00 (₨362) | ₨169 | + 115% | |
| 1 bottle of red table wine, good quality | €15 (₨1,359) | ₨847 | + 60% | |
| 2 liters of coca-cola | €2.50 (₨226) | ₨96 | + 135% | |
| Bread for 2 people for 1 day | €2.50 (₨226) | ₨40 | + 470% | |
| Housing | + 1263% | |||
| Housing in Monaco is 1263% more expensive than in India | ||||
| Monaco | India | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €11,348 (₨1,028,079) | ₨54,265 | + 1795% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €8,757 (₨793,382) | ₨31,900 | + 2387% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €314 (₨28,424) | ₨4,734 | + 500% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €4,888 (₨442,851) | ₨29,878 | + 1382% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €3,999 (₨362,294) | ₨17,317 | + 1992% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €220 (₨19,932) | ₨4,834 | + 312% | |
| Internet 8 mbps (1 month) | €50 (₨4,530) | ₨712 | + 536% | |
| 40” flat screen tv | €800 (₨72,478) | ₨30,621 | + 137% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €230 (₨20,838) | ₨11,138 | + 87% | |
| Laundry detergent (3 l. ~ 100 oz.) | €14 (₨1,286) | ₨532 | + 142% | |
| Hourly rate for cleaning help | €23 (₨2,041) | ₨530 | + 285% | |
| Clothes | + 152% | |||
| Clothes in Monaco is 152% more expensive than in India | ||||
| Monaco | India | Diff | ||
| 1 pair of jeans (levis 501 or similar) | €180 (₨16,308) | ₨2,548 | + 540% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | - | ₨2,934 | - | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | €303 (₨27,489) | ₨4,380 | + 528% | |
| 1 pair of men’s leather business shoes | €300 (₨27,179) | ₨3,418 | + 695% | |
| Transportation | + 80% | |||
| Transportation in Monaco is 80% more expensive than in India | ||||
| Monaco | India | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €40,549 (₨3,673,631) | ₨2,030,960 | + 81% | |
| 1 liter (1/4 gallon) of gas | €1.98 (₨179) | ₨104 | + 73% | |
| Monthly ticket public transport | €27 (₨2,446) | ₨1,120 | + 118% | |
| Personal Care | + 275% | |||
| Personal Care in Monaco is 275% more expensive than in India | ||||
| Monaco | India | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | €11 (₨1,033) | ₨141 | + 634% | |
| 1 box of antibiotics (12 doses) | €5.60 (₨507) | ₨318 | + 59% | |
| Short visit to private doctor (15 minutes) | €60 (₨5,436) | ₨871 | + 524% | |
| 1 box of 32 tampons (tampax, ob, ...) | €6 (₨584) | ₨372 | + 57% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | €4.37 (₨396) | ₨187 | + 112% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €6.00 (₨544) | ₨288 | + 88% | |
| 4 rolls of toilet paper | €5.00 (₨453) | ₨162 | + 180% | |
| Tube of toothpaste | €4.00 (₨362) | ₨88 | + 310% | |
| Standard men's haircut in expat area of the city | €80 (₨7,248) | ₨311 | + 2227% | |
| Entertainment | + 454% | |||
| Entertainment in Monaco is 454% more expensive than in India | ||||
| Monaco | India | Diff | ||
| Basic dinner out for two in neighborhood pub | €135 (₨12,260) | ₨1,430 | + 757% | |
| 2 tickets to the movies | €40 (₨3,668) | ₨692 | + 430% | |
| 2 tickets to the theater (best available seats) | €963 (₨87,233) | ₨1,394 | + 6157% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €100 (₨9,060) | ₨1,961 | + 362% | |
| 1 cocktail drink in downtown club | €20 (₨1,812) | ₨882 | + 105% | |
| Cappuccino in expat area of the city | €7 (₨670) | ₨211 | + 217% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | €10 (₨868) | ₨187 | + 364% | |
| Ipad wi-fi 128gb | - | ₨53,020 | - | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | €0.21 (₨19) | ₨1.27 | + 1372% | |
| 1 month of gym membership in business district | €300 (₨27,179) | ₨1,641 | + 1557% | |
| 1 package of marlboro cigarettes | €10 (₨906) | ₨303 | + 199% | |
| TOTAL | + 457% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 7,866 prices entered by 1,212 different people.
These prices were last updated on December 04, 2023.
Exchange rate:
90.598
INR
/
EUR
Cost of living in Monaco is 457% more expensive than in India
Other Country Comparisons
- Cost of living in Andorra is 132% more expensive than in India
- Cost of living in Anguilla is 308% more expensive than in India
- Cost of living in Netherlands Antilles is 201% more expensive than in India
- Cost of living in Antarctica is in India
- Cost of living in United Arab Emirates is 139% more expensive than in India
- Cost of living in Armenia is 62% more expensive than in India
- Cost of living in American Samoa is in India
- Cost of living in Argentina is 65% more expensive than in India