Cost of living in Monaco compared to United States
Currency:
| Food | + 133% | |||
|---|---|---|---|---|
| Food in Monaco is 133% more expensive than in United States | ||||
| Basic lunchtime menu (including a drink) in the business district | €44 ($48) | $14 | + 232% | |
| Combo meal in fast food restaurant (big mac meal or similar) | €15 ($17) | $8 | + 112% | |
| 500 gr (1 lb.) of boneless chicken breast | €10 ($11) | $4.34 | + 150% | |
| 1 liter (1 qt.) of whole fat milk | - | $0.87 | - | |
| 12 eggs, large | €10 ($11) | $3.01 | + 260% | |
| 1 kg (2 lb.) of tomatoes | €8 ($9) | $4.09 | + 112% | |
| 500 gr (16 oz.) of local cheese | €10 ($11) | $6 | + 75% | |
| 1 kg (2 lb.) of apples | €5.00 ($5.42) | $3.38 | + 60% | |
| 1 kg (2 lb.) of potatoes | €5.00 ($5.42) | $1.72 | + 214% | |
| 0.5 l (16 oz) domestic beer in the supermarket | €10 ($11) | $3.24 | + 234% | |
| 1 bottle of red table wine, good quality | €8 ($8) | $15 | - 43% | |
| 2 liters of coca-cola | €5.00 ($5.42) | $1.92 | + 183% | |
| Bread for 2 people for 1 day | €1.20 ($1.30) | $2.07 | - 37% | |
| Housing | + 147% | |||
| Housing in Monaco is 147% more expensive than in United States | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €7,000 ($7,582) | $2,232 | + 240% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €4,000 ($4,332) | $1,604 | + 170% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €250 ($271) | $178 | + 52% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €3,700 ($4,007) | $1,609 | + 149% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €3,000 ($3,249) | $1,137 | + 186% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €120 ($130) | $117 | + 11% | |
| Internet 8 mbps (1 month) | - | $48 | - | |
| 40” flat screen tv | €480 ($520) | $299 | + 74% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €180 ($195) | $120 | + 62% | |
| Laundry detergent (3 l. ~ 100 oz.) | - | $11 | - | |
| Hourly rate for cleaning help | €20 ($21) | $23 | - 6% | |
| Clothes | + 110% | |||
| Clothes in Monaco is 110% more expensive than in United States | ||||
| 1 pair of jeans (levis 501 or similar) | €85 ($92) | $49 | + 89% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | €65 ($70) | $44 | + 62% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | €240 ($260) | $87 | + 200% | |
| 1 pair of men’s leather business shoes | €430 ($466) | $113 | + 311% | |
| Transportation | + 6% | |||
| Transportation in Monaco is 6% more expensive than in United States | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | - | $22,958 | - | |
| 1 liter (1/4 gallon) of gas | €1.60 ($1.73) | $0.77 | + 124% | |
| Monthly ticket public transport | €69 ($75) | $80 | - 6% | |
| Personal Care | + 68% | |||
| Personal Care in Monaco is 68% more expensive than in United States | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | - | $7 | - | |
| 1 box of antibiotics (12 doses) | - | $20 | - | |
| Short visit to private doctor (15 minutes) | €200 ($217) | $110 | + 98% | |
| 1 box of 32 tampons (tampax, ob, ...) | - | $7 | - | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | €8 ($8) | $3.50 | + 132% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | - | $4.98 | - | |
| 4 rolls of toilet paper | - | $3.55 | - | |
| Tube of toothpaste | - | $1.84 | - | |
| Standard men's haircut in expat area of the city | €40 ($43) | $22 | + 99% | |
| Entertainment | + 24% | |||
| Entertainment in Monaco is 24% more expensive than in United States | ||||
| Basic dinner out for two in neighborhood pub | €50 ($54) | $45 | + 20% | |
| 2 tickets to the movies | €26 ($28) | $24 | + 15% | |
| 2 tickets to the theater (best available seats) | €400 ($433) | $221 | + 96% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €100 ($108) | $75 | + 44% | |
| 1 cocktail drink in downtown club | €20 ($22) | $12 | + 85% | |
| Cappuccino in expat area of the city | €3.50 ($3.79) | $4.81 | - 21% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | €7 ($7) | $5.84 | + 20% | |
| Ipad wi-fi 128gb | - | $404 | - | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | - | $0.19 | - | |
| 1 month of gym membership in business district | €55 ($60) | $54 | + 11% | |
| 1 package of marlboro cigarettes | €7 ($7) | $8 | - 9% | |
| TOTAL | + 88% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 51,278 prices entered by 6,488 different people.
These prices were last updated on February 18, 2020.
Exchange rate:
1.083
USD
/
EUR
Cost of living in Monaco is 88% more expensive than in United States
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