Cost of living in Monaco compared to United States
Currency:
| Food | + 51% | |||
|---|---|---|---|---|
| Food in Monaco is 51% more expensive than in United States | ||||
| Monaco | United States | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | €25 ($26) | $17 | + 50% | |
| Combo meal in fast food restaurant (big mac meal or similar) | €9 ($10) | $9 | + 9% | |
| 500 gr (1 lb.) of boneless chicken breast | €5.00 ($5.23) | $5.06 | + 4% | |
| 1 liter (1 qt.) of whole fat milk | €1.89 ($1.98) | $0.99 | + 100% | |
| 12 eggs, large | €5.30 ($5.55) | $3.33 | + 66% | |
| 1 kg (2 lb.) of tomatoes | €9 ($9) | $4.44 | + 109% | |
| 500 gr (16 oz.) of local cheese | €23 ($24) | $7 | + 253% | |
| 1 kg (2 lb.) of apples | €3.23 ($3.39) | $3.92 | - 14% | |
| 1 kg (2 lb.) of potatoes | €2.11 ($2.21) | $1.94 | + 14% | |
| 0.5 l (16 oz) domestic beer in the supermarket | €6 ($7) | $3.35 | + 98% | |
| 1 bottle of red table wine, good quality | €27 ($28) | $16 | + 78% | |
| 2 liters of coca-cola | €4.01 ($4.20) | $2.26 | + 86% | |
| Bread for 2 people for 1 day | €2.96 ($3.10) | $2.45 | + 27% | |
| Housing | + 186% | |||
| Housing in Monaco is 186% more expensive than in United States | ||||
| Monaco | United States | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €9,234 ($9,668) | $2,514 | + 285% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €7,176 ($7,513) | $1,957 | + 284% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €223 ($234) | $205 | + 14% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €6,443 ($6,746) | $1,777 | + 280% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €3,622 ($3,792) | $1,349 | + 181% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €278 ($291) | $139 | + 109% | |
| Internet 8 mbps (1 month) | €45 ($47) | $57 | - 16% | |
| 40” flat screen tv | €600 ($628) | $303 | + 107% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €230 ($241) | $134 | + 79% | |
| Laundry detergent (3 l. ~ 100 oz.) | €14 ($15) | $12 | + 21% | |
| Hourly rate for cleaning help | €23 ($24) | $26 | - 11% | |
| Clothes | + 55% | |||
| Clothes in Monaco is 55% more expensive than in United States | ||||
| Monaco | United States | Diff | ||
| 1 pair of jeans (levis 501 or similar) | €100 ($105) | $51 | + 104% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | €30 ($31) | $46 | - 32% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | €303 ($318) | $92 | + 246% | |
| 1 pair of men’s leather business shoes | €300 ($314) | $120 | + 162% | |
| Transportation | + 57% | |||
| Transportation in Monaco is 57% more expensive than in United States | ||||
| Monaco | United States | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €40,549 ($42,454) | $25,233 | + 68% | |
| 1 liter (1/4 gallon) of gas | €2.00 ($2.09) | $1.06 | + 98% | |
| Monthly ticket public transport | €112 ($117) | $77 | + 53% | |
| Personal Care | + 3% | |||
| Personal Care in Monaco is about the same as in United States | ||||
| Monaco | United States | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | €11 ($12) | $7 | + 60% | |
| 1 box of antibiotics (12 doses) | €5.60 ($5.86) | $19 | - 69% | |
| Short visit to private doctor (15 minutes) | €82 ($85) | $125 | - 31% | |
| 1 box of 32 tampons (tampax, ob, ...) | €6 ($7) | $7 | - 9% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | €4.37 ($4.57) | $4.17 | + 10% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €6.00 ($6) | $5.50 | + 14% | |
| 4 rolls of toilet paper | €5.00 ($5.23) | $4.18 | + 25% | |
| Tube of toothpaste | €4.00 ($4.19) | $2.05 | + 105% | |
| Standard men's haircut in expat area of the city | €67 ($70) | $25 | + 179% | |
| Entertainment | + 112% | |||
| Entertainment in Monaco is 112% more expensive than in United States | ||||
| Monaco | United States | Diff | ||
| Basic dinner out for two in neighborhood pub | €150 ($157) | $49 | + 221% | |
| 2 tickets to the movies | €40 ($42) | $27 | + 59% | |
| 2 tickets to the theater (best available seats) | €963 ($1,008) | $192 | + 426% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €100 ($105) | $83 | + 27% | |
| 1 cocktail drink in downtown club | €28 ($30) | $13 | + 132% | |
| Cappuccino in expat area of the city | €11 ($12) | $5.17 | + 126% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | €10 ($10) | $6 | + 62% | |
| Ipad wi-fi 128gb | €903 ($946) | $499 | + 89% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | €0.40 ($0.42) | $0.17 | + 150% | |
| 1 month of gym membership in business district | - | $52 | - | |
| 1 package of marlboro cigarettes | €10 ($10) | $9 | + 15% | |
| TOTAL | + 111% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 16,153 prices entered by 2,616 different people.
These prices were last updated on May 17, 2022.
Exchange rate:
1.047
USD
/
EUR
Cost of living in Monaco is 111% more expensive than in United States
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