Cost of living in Monaco compared to United States
Currency:
| Food | + 21% | |||
|---|---|---|---|---|
| Food in Monaco is 21% more expensive than in United States | ||||
| Monaco | United States | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | €24 ($25) | $19 | + 35% | |
| Combo meal in fast food restaurant (big mac meal or similar) | €13 ($13) | $10 | + 35% | |
| 500 gr (1 lb.) of boneless chicken breast | €10 ($11) | $5.93 | + 80% | |
| 1 liter (1 qt.) of whole fat milk | €1.60 ($1.71) | $1.09 | + 57% | |
| 12 eggs, large | €5.48 ($5.86) | $4.92 | + 19% | |
| 1 kg (2 lb.) of tomatoes | €3.80 ($4.06) | $4.81 | - 15% | |
| 500 gr (16 oz.) of local cheese | €7 ($7) | $7 | + 7% | |
| 1 kg (2 lb.) of apples | €3.00 ($3.21) | $4.67 | - 31% | |
| 1 kg (2 lb.) of potatoes | €1.80 ($1.93) | $2.52 | - 24% | |
| 0.5 l (16 oz) domestic beer in the supermarket | €4.00 ($4.28) | $3.12 | + 37% | |
| 1 bottle of red table wine, good quality | €15 ($16) | $16 | + 1% | |
| 2 liters of coca-cola | €2.50 ($2.67) | $2.74 | - 3% | |
| Bread for 2 people for 1 day | €2.50 ($2.67) | $3.05 | - 12% | |
| Housing | + 201% | |||
| Housing in Monaco is 201% more expensive than in United States | ||||
| Monaco | United States | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €12,922 ($13,820) | $2,875 | + 381% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €8,757 ($9,366) | $2,210 | + 324% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €314 ($336) | $219 | + 54% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €4,888 ($5,228) | $1,960 | + 167% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €3,999 ($4,277) | $1,472 | + 191% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €220 ($235) | $149 | + 58% | |
| Internet 8 mbps (1 month) | €50 ($53) | $63 | - 16% | |
| 40” flat screen tv | €800 ($856) | $295 | + 190% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €230 ($246) | $136 | + 81% | |
| Laundry detergent (3 l. ~ 100 oz.) | €14 ($15) | $14 | + 11% | |
| Hourly rate for cleaning help | €23 ($24) | $31 | - 21% | |
| Clothes | + 73% | |||
| Clothes in Monaco is 73% more expensive than in United States | ||||
| Monaco | United States | Diff | ||
| 1 pair of jeans (levis 501 or similar) | €100 ($107) | $54 | + 97% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | - | $45 | - | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | €303 ($324) | $93 | + 248% | |
| 1 pair of men’s leather business shoes | €300 ($321) | $121 | + 165% | |
| Transportation | - 26% | |||
| Transportation in Monaco is 26% cheaper than in United States | ||||
| Monaco | United States | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €40,549 ($43,366) | $27,744 | + 56% | |
| 1 liter (1/4 gallon) of gas | €1.98 ($2.12) | $1.06 | + 100% | |
| Monthly ticket public transport | €27 ($29) | $82 | - 65% | |
| Personal Care | - 8% | |||
| Personal Care in Monaco is 8% cheaper than in United States | ||||
| Monaco | United States | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | €11 ($12) | $8 | + 53% | |
| 1 box of antibiotics (12 doses) | €5.60 ($5.99) | $21 | - 72% | |
| Short visit to private doctor (15 minutes) | €60 ($64) | $139 | - 54% | |
| 1 box of 32 tampons (tampax, ob, ...) | €6 ($7) | $8 | - 18% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | €4.37 ($4.67) | $4.85 | - 4% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €6.00 ($6) | $6 | + 3% | |
| 4 rolls of toilet paper | €5.00 ($5.35) | $4.78 | + 12% | |
| Tube of toothpaste | €4.00 ($4.28) | $2.24 | + 91% | |
| Standard men's haircut in expat area of the city | €80 ($86) | $28 | + 210% | |
| Entertainment | + 123% | |||
| Entertainment in Monaco is 123% more expensive than in United States | ||||
| Monaco | United States | Diff | ||
| Basic dinner out for two in neighborhood pub | €135 ($145) | $55 | + 161% | |
| 2 tickets to the movies | €40 ($43) | $28 | + 54% | |
| 2 tickets to the theater (best available seats) | €963 ($1,030) | $200 | + 415% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €100 ($107) | $89 | + 20% | |
| 1 cocktail drink in downtown club | €20 ($21) | $13 | + 60% | |
| Cappuccino in expat area of the city | €7 ($8) | $5.23 | + 51% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | €10 ($10) | $6 | + 61% | |
| Ipad wi-fi 128gb | €903 ($966) | $554 | + 74% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | €0.21 ($0.22) | $0.20 | + 10% | |
| 1 month of gym membership in business district | €300 ($321) | $59 | + 444% | |
| 1 package of marlboro cigarettes | €10 ($11) | $10 | + 4% | |
| TOTAL | + 86% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 21,987 prices entered by 2,818 different people.
These prices were last updated on June 01, 2023.
Exchange rate:
1.069
USD
/
EUR
Cost of living in Monaco is 86% more expensive than in United States
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