Cost of Living Comparison Between Cape Town and Monaco 
| Indices Difference |  |
|---|---|
| Cost of Living in Monaco is 208.7% higher than in Cape Town (without rent) | |
| Cost of Living Including Rent in Monaco is 575.4% higher than in Cape Town | |
| Rent Prices in Monaco are 1,385.4% higher than in Cape Town | |
| Restaurant Prices in Monaco are 280.1% higher than in Cape Town | |
| Groceries Prices in Monaco are 123.1% higher than in Cape Town | |
| Local Purchasing Power in Monaco is 43.6% lower than in Cape Town | |
Restaurants | Cape Town Edit |
Monaco Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
150.00 R (7.75 €) |
464.78 R (24.00 €) |
+209.9 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
700.00 R (36.15 €) |
3,389.00 R (175.00 €) |
+384.1 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
87.00 R (4.49 €) |
193.66 R (10.00 €) |
+122.6 % |
| Domestic Beer (1 pint draught) |
45.00 R (2.32 €) |
145.24 R (7.50 €) |
+222.8 % |
| Imported Beer (12 oz small bottle) |
50.00 R (2.58 €) |
155.89 R (8.05 €) |
+211.8 % |
| Cappuccino (regular) |
37.67 R (1.95 €) |
101.35 R (5.23 €) |
+169.1 % |
| Coke/Pepsi (12 oz small bottle) |
17.56 R (0.91 €) |
91.00 R (4.70 €) |
+418.4 % |
| Water (12 oz small bottle) |
12.95 R (0.67 €) |
127.92 R (6.61 €) |
+887.6 % |
Markets | Cape Town Edit |
Monaco Edit | |
| Milk (regular), (1 gallon) |
72.27 R (3.73 €) |
128.29 R (6.62 €) |
+77.5 % |
| Loaf of Fresh White Bread (1 lb) |
16.88 R (0.87 €) |
84.91 R (4.38 €) |
+403.2 % |
| Rice (white), (1 lb) |
13.30 R (0.69 €) |
30.31 R (1.56 €) |
+127.8 % |
| Eggs (regular) (12) |
42.52 R (2.20 €) |
64.29 R (3.32 €) |
+51.2 % |
| Local Cheese (1 lb) |
65.87 R (3.40 €) |
131.76 R (6.80 €) |
+100.0 % |
| Chicken Fillets (1 lb) |
39.90 R (2.06 €) |
86.00 R (4.44 €) |
+115.5 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
55.60 R (2.87 €) |
105.41 R (5.44 €) |
+89.6 % |
| Apples (1 lb) |
12.58 R (0.65 €) |
20.50 R (1.06 €) |
+63.0 % |
| Banana (1 lb) |
12.70 R (0.66 €) |
21.96 R (1.13 €) |
+72.9 % |
| Oranges (1 lb) |
12.11 R (0.63 €) |
21.96 R (1.13 €) |
+81.4 % |
| Tomato (1 lb) |
12.47 R (0.64 €) |
32.48 R (1.68 €) |
+160.4 % |
| Potato (1 lb) |
10.60 R (0.55 €) |
17.10 R (0.88 €) |
+61.3 % |
| Onion (1 lb) |
10.77 R (0.56 €) |
26.32 R (1.36 €) |
+144.4 % |
| Lettuce (1 head) |
18.89 R (0.98 €) |
33.50 R (1.73 €) |
+77.3 % |
| Water (1.5 liter bottle) |
16.77 R (0.87 €) |
26.14 R (1.35 €) |
+55.9 % |
| Bottle of Wine (Mid-Range) |
90.00 R (4.65 €) |
164.61 R (8.50 €) |
+82.9 % |
| Domestic Beer (0.5 liter bottle) |
24.11 R (1.25 €) |
31.76 R (1.64 €) |
+31.7 % |
| Imported Beer (12 oz small bottle) |
28.00 R (1.45 €) |
86.76 R (4.48 €) |
+209.9 % |
| Cigarettes 20 Pack (Marlboro) |
52.00 R (2.69 €) |
242.07 R (12.50 €) |
+365.5 % |
Transportation | Cape Town Edit |
Monaco Edit | |
| One-way Ticket (Local Transport) |
20.00 R (1.03 €) |
38.73 R (2.00 €) |
+93.7 % |
| Monthly Pass (Regular Price) |
825.00 R (42.60 €) |
426.05 R (22.00 €) |
-48.4 % |
| Taxi Start (Normal Tariff) |
20.00 R (1.03 €) |
127.81 R (6.60 €) |
+539.1 % |
| Taxi 1 mile (Normal Tariff) |
28.97 R (1.50 €) |
48.31 R (2.49 €) |
+66.8 % |
| Taxi 1hour Waiting (Normal Tariff) |
49.00 R (2.53 €) |
1,549.26 R (80.00 €) |
+3,061.7 % |
| Gasoline (1 gallon) |
89.21 R (4.61 €) |
154.43 R (7.97 €) |
+73.1 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
370,000.00 R (19,105.93 €) |
836,163.00 R (43,177.50 €) |
+126.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
411,020.57 R (21,224.14 €) |
675,379.19 R (34,875.00 €) |
+64.3 % |
Utilities (Monthly) | Cape Town Edit |
Monaco Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
1,689.85 R (87.26 €) |
5,553.73 R (286.78 €) |
+228.7 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
597.87 R (30.87 €) |
793.99 R (41.00 €) |
+32.8 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
768.00 R (39.66 €) |
1,103.85 R (57.00 €) |
+43.7 % |
Sports And Leisure | Cape Town Edit |
Monaco Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
663.84 R (34.28 €) |
9,319.75 R (481.25 €) |
+1,303.9 % |
| Tennis Court Rent (1 Hour on Weekend) |
149.38 R (7.71 €) |
903.73 R (46.67 €) |
+505.0 % |
| Cinema, International Release, 1 Seat |
120.00 R (6.20 €) |
232.39 R (12.00 €) |
+93.7 % |
Childcare | Cape Town Edit |
Monaco Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
3,444.23 R (177.85 €) |
37,763.14 R (1,950.00 €) |
+996.4 % |
| International Primary School, Yearly for 1 Child |
79,117.59 R (4,085.45 €) |
772,207.74 R (39,875.00 €) |
+876.0 % |
Clothing And Shoes | Cape Town Edit |
Monaco Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
869.19 R (44.88 €) |
2,911.31 R (150.33 €) |
+234.9 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
517.92 R (26.74 €) |
1,168.40 R (60.33 €) |
+125.6 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
1,623.41 R (83.83 €) |
3,343.81 R (172.67 €) |
+106.0 % |
| 1 Pair of Men Leather Business Shoes |
1,315.84 R (67.95 €) |
11,309.58 R (584.00 €) |
+759.5 % |
Rent Per Month | Cape Town Edit |
Monaco Edit | |
| Apartment (1 bedroom) in City Centre |
12,614.29 R (651.37 €) |
146,087.41 R (7,543.61 €) |
+1,058.1 % |
| Apartment (1 bedroom) Outside of Centre |
8,456.25 R (436.66 €) |
116,194.27 R (6,000.00 €) |
+1,274.1 % |
| Apartment (3 bedrooms) in City Centre |
26,068.97 R (1,346.14 €) |
539,012.30 R (27,833.33 €) |
+1,967.6 % |
| Apartment (3 bedrooms) Outside of Centre |
16,620.69 R (858.25 €) |
135,559.98 R (7,000.00 €) |
+715.6 % |
Buy Apartment Price | Cape Town Edit |
Monaco Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
3,410.85 R (176.13 €) |
137,932.42 R (7,122.51 €) |
+3,943.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
2,330.16 R (120.32 €) |
115,143.58 R (5,945.75 €) |
+4,841.4 % |
Salaries And Financing | Cape Town Edit |
Monaco Edit | |
| Average Monthly Net Salary (After Tax) |
29,182.81 R (1,506.93 €) |
111,073.11 R (5,735.56 €) |
+280.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 11.87 | 2.92 | -75.4 % |
| Last update: | June 2024 | May 2024 | |
| Contributors in the past 12 months: | 278 | 11 |
Moving to Cape Town? Explore:
Moving to Monaco? Explore:
Cities near Cape Town: | Cost of Living in Somerset West | 27.94 miles |
| Cost of Living in Paarl | 38.17 miles |
Cities near Monaco: | Cost of Living in La Condamine | 0.77 miles |
| Cost of Living in Monte Carlo | 0.91 miles |