Cost of Living Comparison Between New York, NY and Monaco 

Indices DifferenceInfo
Consumer Prices in Monaco are 6.9% higher than in New York, NY (without rent)
Consumer Prices Including Rent in Monaco are 79.4% higher than in New York, NY
Rent Prices in Monaco are 158.6% higher than in New York, NY
Restaurant Prices in Monaco are 11.3% higher than in New York, NY
Groceries Prices in Monaco are 33.9% lower than in New York, NY
Local Purchasing Power in Monaco is 40.2% lower than in New York, NY
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
New York, NY Edit Monaco Edit Difference
Meal, Inexpensive Restaurant 30.00 $
(27.95 €)
25.76 $
(24.00 €)
     -14.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 130.00 $
(121.11 €)
187.85 $
(175.00 €)
     +44.5 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $
(11.18 €)
10.73 $
(10.00 €)
     -10.5 %
Domestic Beer (1 pint draught) 8.00 $
(7.45 €)
8.05 $
(7.50 €)
     +0.6 %
Imported Beer (12 oz small bottle) 10.50 $
(9.78 €)
8.64 $
(8.05 €)
     -17.7 %
Cappuccino (regular) 5.60 $
(5.21 €)
4.88 $
(4.55 €)
     -12.7 %
Coke/Pepsi (12 oz small bottle) 3.08 $
(2.87 €)
5.04 $
(4.70 €)
     +63.8 %
Water (12 oz small bottle) 2.29 $
(2.14 €)
7.09 $
(6.61 €)
     +209.3 %
Markets
New York, NY Edit Monaco Edit
Milk (regular), (1 gallon) 5.63 $
(5.25 €)
6.10 $
(5.68 €)
     +8.2 %
Loaf of Fresh White Bread (1 lb) 4.33 $
(4.04 €)
3.85 $
(3.59 €)
     -11.1 %
Rice (white), (1 lb) 3.21 $
(2.99 €)
1.68 $
(1.56 €)
     -47.7 %
Eggs (regular) (12) 5.30 $
(4.94 €)
3.56 $
(3.32 €)
     -32.8 %
Local Cheese (1 lb) 7.46 $
(6.95 €)
7.30 $
(6.80 €)
     -2.1 %
Chicken Fillets (1 lb) 6.93 $
(6.46 €)
4.77 $
(4.44 €)
     -31.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.69 $
(8.10 €)
5.84 $
(5.44 €)
     -32.8 %
Apples (1 lb) 3.17 $
(2.96 €)
0.92 $
(0.85 €)
     -71.1 %
Banana (1 lb) 0.92 $
(0.86 €)
0.97 $
(0.91 €)
     +5.4 %
Oranges (1 lb) 2.66 $
(2.47 €)
1.01 $
(0.94 €)
     -61.8 %
Tomato (1 lb) 2.86 $
(2.67 €)
1.91 $
(1.78 €)
     -33.1 %
Potato (1 lb) 1.84 $
(1.71 €)
0.95 $
(0.88 €)
     -48.5 %
Onion (1 lb) 1.69 $
(1.57 €)
1.46 $
(1.36 €)
     -13.6 %
Lettuce (1 head) 2.92 $
(2.72 €)
1.50 $
(1.39 €)
     -48.8 %
Water (1.5 liter bottle) 2.43 $
(2.26 €)
1.45 $
(1.35 €)
     -40.4 %
Bottle of Wine (Mid-Range) 20.00 $
(18.63 €)
9.12 $
(8.50 €)
     -54.4 %
Domestic Beer (0.5 liter bottle) 2.53 $
(2.35 €)
1.76 $
(1.64 €)
     -30.4 %
Imported Beer (12 oz small bottle) 3.81 $
(3.55 €)
4.81 $
(4.48 €)
     +26.3 %
Cigarettes 20 Pack (Marlboro) 17.00 $
(15.84 €)
13.42 $
(12.50 €)
     -21.1 %
Transportation
New York, NY Edit Monaco Edit
One-way Ticket (Local Transport) 2.90 $
(2.70 €)
2.15 $
(2.00 €)
     -26.0 %
Monthly Pass (Regular Price) 132.00 $
(122.97 €)
23.62 $
(22.00 €)
     -82.1 %
Taxi Start (Normal Tariff) 5.00 $
(4.66 €)
7.08 $
(6.60 €)
     +41.7 %
Taxi 1 mile (Normal Tariff) 3.50 $
(3.26 €)
2.68 $
(2.49 €)
     -23.5 %
Taxi 1hour Waiting (Normal Tariff) 34.00 $
(31.67 €)
85.87 $
(80.00 €)
     +152.6 %
Gasoline (1 gallon) 3.85 $
(3.59 €)
8.56 $
(7.97 €)
     +122.1 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 31,500.00 $
(29,345.21 €)
46,347.98 $
(43,177.50 €)
     +47.1 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,469.93 $
(25,590.82 €)
37,435.84 $
(34,875.00 €)
     +36.3 %
Utilities (Monthly)
New York, NY Edit Monaco Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 183.18 $
(170.65 €)
307.84 $
(286.78 €)
     +68.1 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 66.32 $
(61.78 €)
44.01 $
(41.00 €)
     -33.6 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 70.31 $
(65.50 €)
61.19 $
(57.00 €)
     -13.0 %
Sports And Leisure
New York, NY Edit Monaco Edit
Fitness Club, Monthly Fee for 1 Adult 132.14 $
(123.10 €)
516.59 $
(481.25 €)
     +290.9 %
Tennis Court Rent (1 Hour on Weekend) 74.17 $
(69.09 €)
50.09 $
(46.67 €)
     -32.5 %
Cinema, International Release, 1 Seat 20.00 $
(18.63 €)
12.88 $
(12.00 €)
     -35.6 %
Childcare
New York, NY Edit Monaco Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 3,096.67 $
(2,884.84 €)
2,093.19 $
(1,950.00 €)
     -32.4 %
International Primary School, Yearly for 1 Child 58,250.00 $
(54,265.35 €)
42,802.98 $
(39,875.00 €)
     -26.5 %
Clothing And Shoes
New York, NY Edit Monaco Edit
1 Pair of Jeans (Levis 501 Or Similar) 70.85 $
(66.00 €)
161.37 $
(150.33 €)
     +127.8 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 45.42 $
(42.31 €)
64.76 $
(60.33 €)
     +42.6 %
1 Pair of Nike Running Shoes (Mid-Range) 97.75 $
(91.06 €)
185.35 $
(172.67 €)
     +89.6 %
1 Pair of Men Leather Business Shoes 163.59 $
(152.40 €)
626.88 $
(584.00 €)
     +283.2 %
Rent Per Month
New York, NY Edit Monaco Edit
Apartment (1 bedroom) in City Centre 4,150.51 $
(3,866.59 €)
8,097.53 $
(7,543.61 €)
     +95.1 %
Apartment (1 bedroom) Outside of Centre 2,846.86 $
(2,652.12 €)
6,440.57 $
(6,000.00 €)
     +126.2 %
Apartment (3 bedrooms) in City Centre 8,432.88 $
(7,856.02 €)
29,877.11 $
(27,833.33 €)
     +254.3 %
Apartment (3 bedrooms) Outside of Centre 4,503.08 $
(4,195.04 €)
7,514.00 $
(7,000.00 €)
     +66.9 %
Buy Apartment Price
New York, NY Edit Monaco Edit
Price per Square Feet to Buy Apartment in City Centre 1,644.57 $
(1,532.07 €)
7,030.54 $
(6,549.61 €)
     +327.5 %
Price per Square Feet to Buy Apartment Outside of Centre 1,091.71 $
(1,017.03 €)
5,011.13 $
(4,668.34 €)
     +359.0 %
Salaries And Financing
New York, NY Edit Monaco Edit
Average Monthly Net Salary (After Tax) 5,742.00 $
(5,349.21 €)
6,156.71 $
(5,735.56 €)
     +7.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.68 2.92      -56.2 %
Last update: May 2024March 2024
Contributors in the past 12 months:47511