Cost of living
Monaco compared to Monte Carlo
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Overview comparison
MonacoMonte Carlo
Consumer prices in Monaco are roughly 1% higher than in Monte Carlo.
Cost of living
| Item | Monaco | Monte Carlo |
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| Total with rent one person | 7,654 | 6,555 |
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| Total with rent family | 9,509 | 12,280 |
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| Without rent one person | 1,286 | 887 |
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| Without rent one family | 3,047 | 3,571 |
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| Rent & Utilities person | 5,594.87 | 6,051.33 |
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| Rent & Utilities family | 9,051.44 | 7,850.48 |
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| Food person | 831 | 738 |
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| Food family | 2,378 | 2,404 |
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| Transport person | 58.11 | 56.63 |
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| Transport family | 178.09 | 201.38 |
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| Life expectancy | 73.06 years | 72.85 years |
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Eating Out
| Item | Monaco | Monte Carlo |
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| Lunch Menu | 19.13 | 18.73 |
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| Dinner in a Restaurant, for 2 | 119.83 | 145.52 |
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| Fast food meal, equiv. McDonald's | 11.05 | 11.59 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 11.39 | 10.67 |
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| Cappuccino | 4.35 | 3.52 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 5.53 | 4.5 |
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Rent & Utilities
| Item | Monaco | Monte Carlo |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 4,370.95 | 4,397.79 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 5,547 | 5,923.88 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 6,234.23 | 6,809.24 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 7,162.59 | 8,267.02 |
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| Utility Bill one person, electricity, heating, water, etc. | 192.8 | 189.22 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 314.72 | 327.69 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 123.28 | 107.53 |
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Transportation
| Item | Monaco | Monte Carlo |
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| Local transport ticket | 1.93 | 2.34 |
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| Monthly ticket local transport | 64,759 | 59,034 |
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| Taxi Ride, 8 km or 5 mi | 46,797 | 46,932 |
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| Gas / Petrol, 1 L or 0.26 gal | 2.26 | 1.74 |
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| Mortgage Interest Rate for 20 Years | 37.31% | 36.29% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 26.8 | 26.38 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 2.57 | 2.12 |
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Groceries
| Item | Monaco | Monte Carlo |
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| Milk, 1 L or 1 qt | 2.74 | 1.95 |
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| Bread, 0.5 kg or 1.1 lb | 4.14 | 4.93 |
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| Eggs, x12 | 5.63 | 6.03 |
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| Cheese, 1 kg or 2.2 lb | 19.74 | 15.53 |
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| Chicken Breast, 1 kg or 2.2 lb | 21.19 | 17.13 |
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| Round Steak, 1 kg or 2.2 lb | 29.08 | 26.15 |
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| Banana, 1 kg or 2.2 lb | 2.98 | 2.23 |
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| Water, 1 L or 1 qt | 1.17 | 0.95 |
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Other
| Item | Monaco | Monte Carlo |
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| Gym Membership, 1 month | 89.12 | 84.35 |
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| Cinema Ticket, 1 person | 18.19 | 19.06 |
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| Doctors visit | 87.71 | 94.94 |
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| Haircut, simple | 37.24 | 35.41 |
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| Brand Jeans | 105.77 | 101.82 |
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| Brand Sneakers | 218.36 | 190.19 |
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| Daycare or Preschool, 1 month | 2,175.29 | 1,901.34 |
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| International Primary School, 1 year | 15,043 | 16,294 |
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