Cost of living in Monaco compared to United States
Currency:
| Food | + 99% | |||
|---|---|---|---|---|
| Food in Monaco is 99% more expensive than in United States | ||||
| Basic lunchtime menu (including a drink) in the business district | €23 ($27) | $15 | + 79% | |
| Combo meal in fast food restaurant (big mac meal or similar) | €8 ($10) | $8 | + 21% | |
| 500 gr (1 lb.) of boneless chicken breast | €9 ($11) | $4.22 | + 164% | |
| 1 liter (1 qt.) of whole fat milk | €1.75 ($2.11) | $0.87 | + 143% | |
| 12 eggs, large | €7 ($8) | $2.89 | + 182% | |
| 1 kg (2 lb.) of tomatoes | €7 ($9) | $4.10 | + 113% | |
| 500 gr (16 oz.) of local cheese | €16 ($19) | $6 | + 208% | |
| 1 kg (2 lb.) of apples | €4.12 ($4.96) | $3.40 | + 46% | |
| 1 kg (2 lb.) of potatoes | €3.25 ($3.91) | $1.70 | + 130% | |
| 0.5 l (16 oz) domestic beer in the supermarket | €4.88 ($5.88) | $3.18 | + 85% | |
| 1 bottle of red table wine, good quality | €26 ($31) | $14 | + 118% | |
| 2 liters of coca-cola | €3.48 ($4.19) | $1.99 | + 110% | |
| Bread for 2 people for 1 day | €3.49 ($4.20) | $2.12 | + 99% | |
| Housing | + 82% | |||
| Housing in Monaco is 82% more expensive than in United States | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €1,500 ($1,805) | $2,176 | - 17% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €2,573 ($3,097) | $1,546 | + 100% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €316 ($380) | $179 | + 112% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €4,734 ($5,698) | $1,510 | + 277% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €2,787 ($3,355) | $1,121 | + 199% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €187 ($225) | $112 | + 101% | |
| Internet 8 mbps (1 month) | €32 ($38) | $51 | - 26% | |
| 40” flat screen tv | €372 ($447) | $274 | + 64% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €164 ($197) | $127 | + 55% | |
| Laundry detergent (3 l. ~ 100 oz.) | €7 ($8) | $11 | - 21% | |
| Hourly rate for cleaning help | €12 ($14) | $22 | - 35% | |
| Clothes | + 41% | |||
| Clothes in Monaco is 41% 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) | $42 | + 14% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | €99 ($120) | $86 | + 38% | |
| 1 pair of men’s leather business shoes | €168 ($202) | $108 | + 87% | |
| Transportation | - 21% | |||
| Transportation in Monaco is 21% cheaper than in United States | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €25,604 ($30,818) | $23,671 | + 30% | |
| 1 liter (1/4 gallon) of gas | €1.40 ($1.68) | $0.66 | + 157% | |
| Monthly ticket public transport | €24 ($29) | $73 | - 60% | |
| Personal Care | + 15% | |||
| Personal Care in Monaco is 15% more expensive than in United States | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | €11 ($14) | $7 | + 96% | |
| 1 box of antibiotics (12 doses) | €7 ($8) | $16 | - 47% | |
| Short visit to private doctor (15 minutes) | €52 ($63) | $110 | - 43% | |
| 1 box of 32 tampons (tampax, ob, ...) | €6 ($8) | $6 | + 20% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | €4.37 ($5.25) | $3.45 | + 52% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €6.00 ($7) | $4.86 | + 49% | |
| 4 rolls of toilet paper | €3.48 ($4.19) | $3.62 | + 16% | |
| Tube of toothpaste | €2.99 ($3.59) | $1.82 | + 97% | |
| Standard men's haircut in expat area of the city | €54 ($65) | $22 | + 197% | |
| Entertainment | + 63% | |||
| Entertainment in Monaco is 63% more expensive than in United States | ||||
| Basic dinner out for two in neighborhood pub | €71 ($86) | $47 | + 85% | |
| 2 tickets to the movies | €23 ($28) | $25 | + 10% | |
| 2 tickets to the theater (best available seats) | €518 ($623) | $200 | + 212% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €118 ($142) | $79 | + 81% | |
| 1 cocktail drink in downtown club | €13 ($16) | $12 | + 30% | |
| Cappuccino in expat area of the city | €4.97 ($5.99) | $5.03 | + 19% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | €6 ($8) | $5.72 | + 34% | |
| Ipad wi-fi 128gb | €793 ($954) | $427 | + 123% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | €0.22 ($0.27) | $0.25 | + 5% | |
| 1 month of gym membership in business district | €50 ($60) | $49 | + 23% | |
| 1 package of marlboro cigarettes | €7 ($9) | $8 | + 4% | |
| TOTAL | + 58% | |||
This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 32,226 prices entered by 4,201 different people.
These prices were last updated on April 23, 2021.
Exchange rate:
1.204
USD
/
EUR
Cost of living in Monaco is 58% more expensive than in United States
Other Country Comparisons
- Cost of living in Andorra is 12% more expensive than in United States
- Cost of living in American Samoa is in United States
- Cost of living in Netherlands Antilles is about the same as in United States
- Cost of living in Anguilla is 8% more expensive than in United States
- Cost of living in Argentina is 61% cheaper than in United States
- Cost of living in Antigua and Barbuda is 4% more expensive than in United States
- Cost of living in Afghanistan is 51% cheaper than in United States
- Cost of living in Angola is 22% cheaper than in United States