Cost of living in Monaco

Summary of cost of living in Monaco

  • Family of four estimated monthly costs: €10,740
  • Single person estimated monthly costs: €8,003
  • WARNING!  These estimates are currently based on just a small amount of data. They provide a decent starting assumption, but they are not yet completely reliable.
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Basic lunchtime menu (including a drink) in the business district €23
Combo meal in fast food restaurant (big mac meal or similar) €13
500 gr (1 lb.) of boneless chicken breast €7
1 liter (1 qt.) of whole fat milk €5.00
12 eggs, large €5.48
1 kg (2 lb.) of tomatoes €3.80
500 gr (16 oz.) of local cheese €7
1 kg (2 lb.) of apples €3.00
1 kg (2 lb.) of potatoes €1.80
0.5 l (16 oz) domestic beer in the supermarket €4.00
1 bottle of red table wine, good quality €15
2 liters of coca-cola -
Bread for 2 people for 1 day €2.50
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area €4,654
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area €8,757
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat €65
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area €4,888
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area €3,999
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio €220
Internet 8 mbps (1 month) €50
40” flat screen tv €800
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) €230
Laundry detergent (3 l. ~ 100 oz.) €14
Hourly rate for cleaning help €23
1 pair of jeans (levis 501 or similar) €180
1 summer dress in a high street store (zara, h&m or similar retailers) -
1 pair of sport shoes (nike, adidas, or equivalent brands) €303
1 pair of men’s leather business shoes €300
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new €40,549
1 liter (1/4 gallon) of gas €1.98
Monthly ticket public transport €27
Personal Care
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) €16
1 box of antibiotics (12 doses) €5.60
Short visit to private doctor (15 minutes) €60
1 box of 32 tampons (tampax, ob, ...) €35
Deodorant, roll-on (50ml ~ 1.5 oz.) -
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) €28
4 rolls of toilet paper -
Tube of toothpaste €13
Standard men's haircut in expat area of the city €20
Basic dinner out for two in neighborhood pub €135
2 tickets to the movies €40
2 tickets to the theater (best available seats) €963
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert €100
1 cocktail drink in downtown club €20
Cappuccino in expat area of the city €7
1 beer in neighbourhood pub (500ml or 1pt.) €10
Ipad wi-fi 128gb -
1 min. of prepaid mobile tariff (no discounts or plans) €0.21
1 month of gym membership in business district €300
1 package of marlboro cigarettes €10

Map of Cost of Living in Monaco


This map shows only the top cities in Monaco. We also have on this page a list of all the cities available in Expatistan:
List of all the cities available in Expatistan

The color of each marker corresponds with the cost of living in the city red markers show more expensive cities green ones show cheaper cities
Moving the mouse on top of a city will show its name and the Cost of Living Index of that city.

What is the Cost of Living Index? To calculate each city's Price Index value, we start by assigning a value of 100 to a central reference city (that happens to be Prague). Once the reference point has been established, the Price Index value of every other city in the database is calculated by comparing their cost of living to the cost of living in Prague.
Therefore, if a city has a Price Index of 134, that means that living there is 34% more expensive than living in Prague.

List of all cities available in Monaco


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