Cost of living in Monaco compared to United States
Currency:
Food | + 98% | |||
---|---|---|---|---|
Food in Monaco is 98% more expensive than in United States | ||||
Basic lunchtime menu (including a drink) in the business district | €22 ($26) | $15 | + 72% | |
Combo meal in fast food restaurant (big mac meal or similar) | €8 ($10) | $8 | + 17% | |
500 gr (1 lb.) of boneless chicken breast | €9 ($11) | $4.25 | + 162% | |
1 liter (1 qt.) of whole fat milk | €1.99 ($2.39) | $0.88 | + 170% | |
12 eggs, large | €7 ($8) | $2.94 | + 177% | |
1 kg (2 lb.) of tomatoes | €7 ($9) | $4.10 | + 113% | |
500 gr (16 oz.) of local cheese | €16 ($19) | $6 | + 201% | |
1 kg (2 lb.) of apples | €4.12 ($4.96) | $3.29 | + 50% | |
1 kg (2 lb.) of potatoes | €3.25 ($3.91) | $1.68 | + 133% | |
0.5 l (16 oz) domestic beer in the supermarket | €4.88 ($5.88) | $3.30 | + 78% | |
1 bottle of red table wine, good quality | €26 ($31) | $14 | + 120% | |
2 liters of coca-cola | €3.97 ($4.77) | $1.99 | + 140% | |
Bread for 2 people for 1 day | €3.49 ($4.20) | $2.06 | + 104% | |
Housing | + 81% | |||
Housing in Monaco is 81% more expensive than in United States | ||||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €1,500 ($1,805) | $2,211 | - 18% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €2,573 ($3,096) | $1,548 | + 100% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €316 ($380) | $179 | + 113% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €4,734 ($5,696) | $1,534 | + 271% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €2,787 ($3,354) | $1,116 | + 200% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €187 ($225) | $113 | + 100% | |
Internet 8 mbps (1 month) | €32 ($38) | $50 | - 24% | |
40” flat screen tv | €372 ($447) | $271 | + 65% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €164 ($197) | $128 | + 54% | |
Laundry detergent (3 l. ~ 100 oz.) | €7 ($8) | $11 | - 20% | |
Hourly rate for cleaning help | €12 ($14) | $22 | - 34% | |
Clothes | + 39% | |||
Clothes in Monaco is 39% more expensive than in United States | ||||
1 pair of jeans (levis 501 or similar) | €78 ($93) | $47 | + 100% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | €40 ($48) | $43 | + 12% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | €99 ($120) | $87 | + 37% | |
1 pair of men’s leather business shoes | €168 ($202) | $109 | + 85% | |
Transportation | - 16% | |||
Transportation in Monaco is 16% cheaper than in United States | ||||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €25,604 ($30,809) | $23,574 | + 31% | |
1 liter (1/4 gallon) of gas | €1.40 ($1.68) | $0.64 | + 163% | |
Monthly ticket public transport | €30 ($36) | $74 | - 51% | |
Personal Care | + 22% | |||
Personal Care in Monaco is 22% more expensive than in United States | ||||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | €11 ($14) | $7 | + 91% | |
1 box of antibiotics (12 doses) | €7 ($8) | $16 | - 49% | |
Short visit to private doctor (15 minutes) | €78 ($94) | $112 | - 16% | |
1 box of 32 tampons (tampax, ob, ...) | €6 ($8) | $7 | + 18% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | €4.37 ($5.25) | $3.47 | + 51% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €6.00 ($7) | $4.93 | + 46% | |
4 rolls of toilet paper | €3.48 ($4.18) | $3.64 | + 15% | |
Tube of toothpaste | €2.99 ($3.59) | $1.81 | + 99% | |
Standard men's haircut in expat area of the city | €54 ($65) | $22 | + 199% | |
Entertainment | + 51% | |||
Entertainment in Monaco is 51% more expensive than in United States | ||||
Basic dinner out for two in neighborhood pub | €81 ($97) | $46 | + 111% | |
2 tickets to the movies | €27 ($33) | $25 | + 31% | |
2 tickets to the theater (best available seats) | €518 ($623) | $205 | + 204% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €143 ($172) | $80 | + 116% | |
1 cocktail drink in downtown club | €13 ($15) | $12 | + 22% | |
Cappuccino in expat area of the city | €4.96 ($5.96) | $5.04 | + 18% | |
1 beer in neighbourhood pub (500ml or 1pt.) | €5.97 ($7) | $5.85 | + 23% | |
Ipad wi-fi 128gb | €793 ($954) | $421 | + 127% | |
1 min. of prepaid mobile tariff (no discounts or plans) | €0.22 ($0.27) | $0.51 | - 48% | |
1 month of gym membership in business district | €50 ($60) | $49 | + 22% | |
1 package of marlboro cigarettes | €5.95 ($7) | $8 | - 13% | |
TOTAL | + 58% |

These prices were last updated on March 03, 2021.
Exchange rate:
1.203
USD
/
EUR
Cost of living in Monaco is 58% more expensive than in United States
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