Cost of living
Monaco City compared to Monte Carlo
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Overview comparison
Monaco CityMonte Carlo
Consumer prices in Monaco City are roughly 33% higher than in Monte Carlo.
Cost of living
| Item | Monaco City | Monte Carlo |
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| Total with rent one person | 6,204 | 6,555 |
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| Total with rent family | 11,737 | 12,280 |
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| Without rent one person | 927 | 887 |
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| Without rent one family | 3,666 | 3,571 |
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| Rent & Utilities person | 7,653.22 | 6,051.33 |
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| Rent & Utilities family | 8,534.32 | 7,850.48 |
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| Food person | 616 | 738 |
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| Food family | 1,926 | 2,404 |
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| Transport person | 61.16 | 56.63 |
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| Transport family | 144.31 | 201.38 |
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| Life expectancy | 78.35 years | 72.85 years |
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Eating Out
| Item | Monaco City | Monte Carlo |
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| Lunch Menu | 24.92 | 18.73 |
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| Dinner in a Restaurant, for 2 | 84.5 | 145.52 |
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| Fast food meal, equiv. McDonald's | 12.94 | 11.59 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 9.09 | 10.67 |
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| Cappuccino | 6.18 | 3.52 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 4.64 | 4.5 |
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Rent & Utilities
| Item | Monaco City | Monte Carlo |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 7,940.6 | 4,397.79 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 5,345.52 | 5,923.88 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 7,334.61 | 6,809.24 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 7,550.18 | 8,267.02 |
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| Utility Bill one person, electricity, heating, water, etc. | 212.45 | 189.22 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 351.24 | 327.69 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 70.53 | 107.53 |
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Transportation
| Item | Monaco City | Monte Carlo |
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| Local transport ticket | 2.29 | 2.34 |
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| Monthly ticket local transport | 83,781 | 59,034 |
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| Taxi Ride, 8 km or 5 mi | 82,317 | 46,932 |
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| Gas / Petrol, 1 L or 0.26 gal | 1.98 | 1.74 |
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| Mortgage Interest Rate for 20 Years | 24.74% | 36.29% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 22.84 | 26.38 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 2.62 | 2.12 |
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Groceries
| Item | Monaco City | Monte Carlo |
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| Milk, 1 L or 1 qt | 2.05 | 1.95 |
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| Bread, 0.5 kg or 1.1 lb | 6.26 | 4.93 |
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| Eggs, x12 | 4.22 | 6.03 |
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| Cheese, 1 kg or 2.2 lb | 19.6 | 15.53 |
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| Chicken Breast, 1 kg or 2.2 lb | 11.63 | 17.13 |
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| Round Steak, 1 kg or 2.2 lb | 13.41 | 26.15 |
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| Banana, 1 kg or 2.2 lb | 2.33 | 2.23 |
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| Water, 1 L or 1 qt | 0.95 | 0.95 |
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Other
| Item | Monaco City | Monte Carlo |
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| Gym Membership, 1 month | 79.98 | 84.35 |
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| Cinema Ticket, 1 person | 13.69 | 19.06 |
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| Doctors visit | 72.56 | 94.94 |
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| Haircut, simple | 43.12 | 35.41 |
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| Brand Jeans | 100.08 | 101.82 |
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| Brand Sneakers | 173.63 | 190.19 |
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| Daycare or Preschool, 1 month | 1,855.9 | 1,901.34 |
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| International Primary School, 1 year | 43,473 | 16,294 |
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