Cost of Living in Monaco

Summary of cost of living in Monaco:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 30.00 € 15.00-50.00
Meal for 2 People, Mid-range Restaurant, Three-course 120.00 € 100.00-220.00
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 € 9.00-12.00
Domestic Beer (1 pint draught) 8.00 € 4.50-11.08
Imported Beer (12 oz small bottle) 10.00 € 6.00-12.00
Cappuccino (regular) 3.98 € 2.33-8.00
Coke/Pepsi (12 oz small bottle) 4.91 € 3.00-8.31
Water (12 oz small bottle) 7.13 € 5.00-9.00
Markets
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Milk (regular), (1 gallon) 8.83 € 5.68-11.36
Loaf of Fresh White Bread (1 lb) 3.33 € 1.81-6.35
Rice (white), (1 lb) 1.85 € 0.91-2.72
Eggs (regular) (12) 3.99 € 2.40-6.70
Local Cheese (1 lb) 9.07 € 6.80-11.34
Chicken Fillets (1 lb) 6.79 € 4.35-9.03
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.07 € 4.08-11.34
Apples (1 lb) 1.59 € 0.75-2.72
Banana (1 lb) 3.02 € 0.91-3.63
Oranges (1 lb) 1.33 € 0.79-1.94
Tomato (1 lb) 1.98 € 0.91-4.08
Potato (1 lb) 1.63 € 0.68-2.27
Onion (1 lb) 1.67 € 0.91-2.27
Lettuce (1 head) 2.55 € 0.99-6.00
Water (1.5 liter bottle) 5.33 € 1.35-9.00
Bottle of Wine (Mid-Range) 13.50 € 5.00-30.00
Domestic Beer (0.5 liter bottle) 1.94 € 1.00-2.55
Imported Beer (12 oz small bottle) 4.32 € 3.00-5.00
Cigarettes 20 Pack (Marlboro) 12.50 € 10.00-15.00
Transportation
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One-way Ticket (Local Transport) 2.00 € 2.00-2.00
Monthly Pass (Regular Price) 36.00 € 22.00-50.00
Taxi Start (Normal Tariff) 5.00 € 3.00-6.60
Taxi 1 mile (Normal Tariff) 2.74 € 2.25-3.22
Taxi 1hour Waiting (Normal Tariff) 80.00 € 60.00-100.00
Gasoline (1 gallon) 7.85 € 7.57-8.06
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 48,457.50 € 48,355.00-48,560.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 45,188.67 € 38,566.00-39,000.00
Utilities (Monthly)
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Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 302.89 € 187.00-500.00
Mobile Phone Monthly Plan with Calls and 10GB+ Data 46.00 € 32.00-56.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 67.75 € 49.00-150.00
Sports And Leisure
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Fitness Club, Monthly Fee for 1 Adult 335.00 € 58.33-1,200.00
Tennis Court Rent (1 Hour on Weekend) 47.50 € 40.00-50.00
Cinema, International Release, 1 Seat 12.00 € 10.00-16.00
Childcare
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Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 2,966.67 € 2,500.00-3,200.00
International Primary School, Yearly for 1 Child 30,875.00 € 24,000.00-60,000.00
Clothing And Shoes
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1 Pair of Jeans (Levis 501 Or Similar) 123.60 € 75.00-200.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 55.25 € 30.00-100.00
1 Pair of Nike Running Shoes (Mid-Range) 142.80 € 90.00-199.00
1 Pair of Men Leather Business Shoes 575.50 € 250.00-800.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 6,271.81 € 4,000.00-10,000.00
Apartment (1 bedroom) Outside of Centre 4,356.46 € 2,500.00-10,924.00
Apartment (3 bedrooms) in City Centre 21,100.00 € 9,000.00-60,000.00
Apartment (3 bedrooms) Outside of Centre 10,250.00 € 6,000.00-30,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 7,281.22 € 4,645.11-9,290.23
Price per Square Feet to Buy Apartment Outside of Centre 5,063.17 € 4,180.60-7,896.69
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 7,006.02 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.92 2.00-4.00

Prices in Monaco

This country had 183 entries in the past 12 months by 18 different contributors.
Last update: February 2024
Our data for each country are based on all entries from all cities in that country.
Sources and References
Distribution of Expenses Using Our Statistical Model:
  
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