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 175.00 € 100.00-250.00
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 € 9.00-12.00
Domestic Beer (1 pint draught) 7.50 € 4.00-10.00
Imported Beer (12 oz small bottle) 8.42 € 6.00-11.00
Cappuccino (regular) 4.09 € 2.33-8.42
Coke/Pepsi (12 oz small bottle) 4.77 € 3.00-8.31
Water (12 oz small bottle) 5.92 € 4.00-9.00
Markets
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Milk (regular), (1 gallon) 8.83 € 7.57-11.36
Loaf of Fresh White Bread (1 lb) 3.06 € 1.81-6.35
Rice (white), (1 lb) 1.44 € 0.91-2.27
Eggs (regular) (12) 4.83 € 2.40-6.70
Local Cheese (1 lb) 11.34 €
Chicken Fillets (1 lb) 7.54 € 4.54-9.03
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.07 € 6.80-11.34
Apples (1 lb) 1.81 € 0.91-2.27
Banana (1 lb) 2.12 € 0.91-3.18
Oranges (1 lb) 1.33 € 0.91-1.94
Tomato (1 lb) 2.10 € 0.91-2.72
Potato (1 lb) 1.81 € 0.68-2.27
Onion (1 lb) 1.77 € 0.91-2.27
Lettuce (1 head) 3.00 € 0.99-4.00
Water (1.5 liter bottle) 2.78 € 1.35-5.00
Bottle of Wine (Mid-Range) 15.00 € 12.00-30.00
Domestic Beer (0.5 liter bottle) 2.17 € 1.78-2.55
Imported Beer (12 oz small bottle) 4.00 € 3.00-5.00
Cigarettes 20 Pack (Marlboro) 10.00 € 10.00-15.00
Transportation
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One-way Ticket (Local Transport) 2.00 € 1.50-3.00
Monthly Pass (Regular Price) 50.00 € 22.00-50.00
Taxi Start (Normal Tariff) 5.00 € 3.00-6.60
Taxi 1 mile (Normal Tariff) 2.98 € 2.74-3.22
Taxi 1hour Waiting (Normal Tariff) 100.00 € 60.00-100.00
Gasoline (1 gallon) 7.59 € 5.68-9.08
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 57,780.00 € 48,560.00-67,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 48,283.00 € 38,566.00-58,000.00
Utilities (Monthly)
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Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 297.19 € 187.00-500.00
Mobile Phone Monthly Plan with Calls and 10GB+ Data 44.00 € 32.00-56.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 93.40 € 50.00-150.00
Sports And Leisure
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Fitness Club, Monthly Fee for 1 Adult 575.00 € 58.33-1,200.00
Tennis Court Rent (1 Hour on Weekend) 50.00 € 45.00-50.00
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 2,850.00 € 2,500.00-3,200.00
International Primary School, Yearly for 1 Child 37,000.00 € 16,000.00-60,000.00
Clothing And Shoes
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1 Pair of Jeans (Levis 501 Or Similar) 135.25 € 77.00-200.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 40.33 € 30.00-49.00
1 Pair of Nike Running Shoes (Mid-Range) 146.80 € 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 5,891.35 € 2,500.00-10,000.00
Apartment (1 bedroom) Outside of Centre 3,367.32 € 2,500.00-5,000.00
Apartment (3 bedrooms) in City Centre 18,571.43 € 8,000.00-50,000.00
Apartment (3 bedrooms) Outside of Centre 10,533.33 € 3,200.00-17,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 6,816.70 € 4,645.11-9,290.23
Price per Square Feet to Buy Apartment Outside of Centre 5,388.33 € 4,180.60-6,967.67
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 6,726.35 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.26 2.00-2.50

Prices in Monaco

This country had 155 entries in the past 12 months by 28 different contributors.
Last update: September 2023
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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