Cost of living
Cyprus compared to Monaco
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Overview comparison
CyprusMonaco
Consumer prices in Monaco are roughly 87% higher than in Cyprus.
Cost of living
| Item | Cyprus | Monaco |
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| Total with rent one person | 1,725 | 7,884 |
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| Total with rent family | 4,415 | 11,354 |
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| Without rent one person | 787 | 1,039 |
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| Without rent one family | 1,723 | 3,847 |
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| Rent & Utilities person | 915.09 | 5,146.56 |
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| Rent & Utilities family | 1,981.13 | 7,992.93 |
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| Food person | 468 | 648 |
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| Food family | 1,397 | 1,715 |
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| Transport person | 90.42 | 63.83 |
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| Transport family | 247.63 | 150.82 |
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| Life expectancy | 71.71 years | 103.76 years |
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Eating Out
| Item | Cyprus | Monaco |
|---|
| Lunch Menu | 17.29 | 17.53 |
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| Dinner in a Restaurant, for 2 | 68.94 | 106.09 |
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| Fast food meal, equiv. McDonald's | 9.45 | 12.1 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 3.62 | 9.07 |
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| Cappuccino | 3.83 | 5.4 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 2.2 | 5.19 |
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Rent & Utilities
| Item | Cyprus | Monaco |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 754.01 | 5,378.67 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 795.94 | 7,043.1 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,899.62 | 6,704.13 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 1,380.7 | 6,711.5 |
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| Utility Bill one person, electricity, heating, water, etc. | 138.18 | 174.97 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 245.35 | 296.21 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 32.46 | 73.11 |
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Transportation
| Item | Cyprus | Monaco |
|---|
| Local transport ticket | 4.6 | 2.8 |
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| Monthly ticket local transport | 3,970 | 66,597 |
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| Taxi Ride, 8 km or 5 mi | 2,970 | 63,543 |
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| Gas / Petrol, 1 L or 0.26 gal | 2.41 | 1.74 |
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| Mortgage Interest Rate for 20 Years | 41.23% | 25.94% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 22.51 | 19.54 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.51 | 2.55 |
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Groceries
| Item | Cyprus | Monaco |
|---|
| Milk, 1 L or 1 qt | 1.68 | 1.9 |
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| Bread, 0.5 kg or 1.1 lb | 1.57 | 5.91 |
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| Eggs, x12 | 4.29 | 5.09 |
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| Cheese, 1 kg or 2.2 lb | 14.12 | 15.43 |
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| Chicken Breast, 1 kg or 2.2 lb | 9.49 | 13.97 |
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| Round Steak, 1 kg or 2.2 lb | 15.96 | 18.01 |
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| Banana, 1 kg or 2.2 lb | 1.84 | 2.59 |
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| Water, 1 L or 1 qt | 0.61 | 0.98 |
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Other
| Item | Cyprus | Monaco |
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| Gym Membership, 1 month | 60.7 | 90.02 |
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| Cinema Ticket, 1 person | 9.55 | 12.31 |
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| Doctors visit | 56.56 | 78.93 |
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| Haircut, simple | 13.44 | 40.86 |
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| Brand Jeans | 97.2 | 87.09 |
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| Brand Sneakers | 107.28 | 210.93 |
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| Daycare or Preschool, 1 month | 420.93 | 2,261.56 |
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| International Primary School, 1 year | 7,781 | 35,363 |
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