Cost of living in Monaco compared to India
Currency:
| Food | + 357% | |||
|---|---|---|---|---|
| Food in Monaco is 357% more expensive than in India | ||||
| Monaco | India | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | €25 (₨2,012) | ₨330 | + 510% | |
| Combo meal in fast food restaurant (big mac meal or similar) | €9 (₨772) | ₨293 | + 163% | |
| 500 gr (1 lb.) of boneless chicken breast | €5.00 (₨407) | ₨163 | + 150% | |
| 1 liter (1 qt.) of whole fat milk | €1.89 (₨154) | ₨54 | + 186% | |
| 12 eggs, large | €5.30 (₨432) | ₨82 | + 424% | |
| 1 kg (2 lb.) of tomatoes | €9 (₨722) | ₨41 | + 1673% | |
| 500 gr (16 oz.) of local cheese | €23 (₨1,881) | ₨216 | + 772% | |
| 1 kg (2 lb.) of apples | €3.23 (₨264) | ₨152 | + 73% | |
| 1 kg (2 lb.) of potatoes | €2.11 (₨172) | ₨29 | + 497% | |
| 0.5 l (16 oz) domestic beer in the supermarket | €6 (₨515) | ₨149 | + 247% | |
| 1 bottle of red table wine, good quality | €27 (₨2,170) | ₨766 | + 183% | |
| 2 liters of coca-cola | €4.01 (₨327) | ₨87 | + 274% | |
| Bread for 2 people for 1 day | €2.96 (₨241) | ₨35 | + 584% | |
| Housing | + 1502% | |||
| Housing in Monaco is 1502% more expensive than in India | ||||
| Monaco | India | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €9,234 (₨752,382) | ₨31,400 | + 2296% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €7,176 (₨584,657) | ₨20,122 | + 2806% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €223 (₨18,201) | ₨4,477 | + 307% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €6,443 (₨524,959) | ₨22,933 | + 2189% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €3,622 (₨295,096) | ₨14,192 | + 1979% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €278 (₨22,650) | ₨3,664 | + 518% | |
| Internet 8 mbps (1 month) | €45 (₨3,683) | ₨511 | + 621% | |
| 40” flat screen tv | €600 (₨48,887) | ₨29,219 | + 67% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €230 (₨18,740) | ₨12,383 | + 51% | |
| Laundry detergent (3 l. ~ 100 oz.) | €14 (₨1,156) | ₨416 | + 178% | |
| Hourly rate for cleaning help | €23 (₨1,836) | ₨320 | + 475% | |
| Clothes | + 155% | |||
| Clothes in Monaco is 155% more expensive than in India | ||||
| Monaco | India | Diff | ||
| 1 pair of jeans (levis 501 or similar) | €100 (₨8,148) | ₨2,328 | + 250% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | €30 (₨2,444) | ₨2,564 | - 5% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | €303 (₨24,722) | ₨3,571 | + 592% | |
| 1 pair of men’s leather business shoes | €300 (₨24,444) | ₨3,002 | + 714% | |
| Transportation | + 277% | |||
| Transportation in Monaco is 277% more expensive than in India | ||||
| Monaco | India | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €40,549 (₨3,303,854) | ₨980,422 | + 237% | |
| 1 liter (1/4 gallon) of gas | €2.00 (₨163) | ₨108 | + 52% | |
| Monthly ticket public transport | €112 (₨9,101) | ₨1,414 | + 544% | |
| Personal Care | + 217% | |||
| Personal Care in Monaco is 217% more expensive than in India | ||||
| Monaco | India | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | €11 (₨929) | ₨140 | + 564% | |
| 1 box of antibiotics (12 doses) | €5.60 (₨456) | ₨303 | + 51% | |
| Short visit to private doctor (15 minutes) | €82 (₨6,646) | ₨1,443 | + 360% | |
| 1 box of 32 tampons (tampax, ob, ...) | €6 (₨525) | ₨402 | + 31% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | €4.37 (₨356) | ₨190 | + 88% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €6.00 (₨489) | ₨248 | + 97% | |
| 4 rolls of toilet paper | €5.00 (₨407) | ₨152 | + 168% | |
| Tube of toothpaste | €4.00 (₨326) | ₨72 | + 354% | |
| Standard men's haircut in expat area of the city | €67 (₨5,424) | ₨373 | + 1353% | |
| Entertainment | + 335% | |||
| Entertainment in Monaco is 335% more expensive than in India | ||||
| Monaco | India | Diff | ||
| Basic dinner out for two in neighborhood pub | €150 (₨12,222) | ₨1,357 | + 801% | |
| 2 tickets to the movies | €40 (₨3,299) | ₨595 | + 454% | |
| 2 tickets to the theater (best available seats) | €963 (₨78,453) | ₨1,516 | + 5074% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €100 (₨8,148) | ₨2,086 | + 291% | |
| 1 cocktail drink in downtown club | €28 (₨2,302) | ₨594 | + 287% | |
| Cappuccino in expat area of the city | €11 (₨910) | ₨229 | + 297% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | €10 (₨780) | ₨175 | + 347% | |
| Ipad wi-fi 128gb | €903 (₨73,614) | ₨46,652 | + 58% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | €0.40 (₨33) | ₨1.29 | + 2434% | |
| 1 month of gym membership in business district | - | ₨1,530 | - | |
| 1 package of marlboro cigarettes | €10 (₨815) | ₨244 | + 234% | |
| TOTAL | + 558% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 5,571 prices entered by 975 different people.
These prices were last updated on May 20, 2022.
Exchange rate:
81.479
INR
/
EUR
Cost of living in Monaco is 558% more expensive than in India
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