Cost of Living Comparison Between Monaco and Cape Town 
| Indices Difference |  |
|---|---|
| Consumer Prices in Cape Town are 68.7% lower than in Monaco (without rent) | |
| Consumer Prices Including Rent in Cape Town are 85.9% lower than in Monaco | |
| Rent Prices in Cape Town are 93.7% lower than in Monaco | |
| Restaurant Prices in Cape Town are 74.5% lower than in Monaco | |
| Groceries Prices in Cape Town are 54.9% lower than in Monaco | |
| Local Purchasing Power in Cape Town is 78.6% higher than in Monaco | |
Restaurants | Monaco Edit |
Cape Town Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
24.00 € (486.33 R) |
7.40 € (150.00 R) |
-69.2 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
175.00 € (3,546.17 R) |
34.54 € (700.00 R) |
-80.3 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
10.00 € (202.64 R) |
4.44 € (90.00 R) |
-55.6 % |
| Domestic Beer (1 pint draught) |
7.50 € (151.98 R) |
2.15 € (43.50 R) |
-71.4 % |
| Imported Beer (12 oz small bottle) |
8.05 € (163.12 R) |
2.47 € (50.00 R) |
-69.3 % |
| Cappuccino (regular) |
4.55 € (92.20 R) |
1.85 € (37.49 R) |
-59.3 % |
| Coke/Pepsi (12 oz small bottle) |
4.70 € (95.22 R) |
0.83 € (16.81 R) |
-82.4 % |
| Water (12 oz small bottle) |
6.61 € (133.85 R) |
0.66 € (13.27 R) |
-90.1 % |
Markets | Monaco Edit |
Cape Town Edit | |
| Milk (regular), (1 gallon) |
5.68 € (115.06 R) |
3.41 € (69.16 R) |
-39.9 % |
| Loaf of Fresh White Bread (1 lb) |
3.59 € (72.67 R) |
0.81 € (16.37 R) |
-77.5 % |
| Rice (white), (1 lb) |
1.56 € (31.71 R) |
0.67 € (13.61 R) |
-57.1 % |
| Eggs (regular) (12) |
3.32 € (67.28 R) |
2.11 € (42.83 R) |
-36.3 % |
| Local Cheese (1 lb) |
6.80 € (137.87 R) |
3.17 € (64.25 R) |
-53.4 % |
| Chicken Fillets (1 lb) |
4.44 € (89.98 R) |
2.03 € (41.06 R) |
-54.4 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
5.44 € (110.30 R) |
2.69 € (54.58 R) |
-50.5 % |
| Apples (1 lb) |
0.85 € (17.31 R) |
0.61 € (12.44 R) |
-28.1 % |
| Banana (1 lb) |
0.91 € (18.38 R) |
0.66 € (13.36 R) |
-27.3 % |
| Oranges (1 lb) |
0.94 € (19.15 R) |
0.60 € (12.19 R) |
-36.3 % |
| Tomato (1 lb) |
1.78 € (36.12 R) |
0.61 € (12.32 R) |
-65.9 % |
| Potato (1 lb) |
0.88 € (17.89 R) |
0.54 € (10.84 R) |
-39.4 % |
| Onion (1 lb) |
1.36 € (27.54 R) |
0.54 € (11.00 R) |
-60.1 % |
| Lettuce (1 head) |
1.39 € (28.23 R) |
0.92 € (18.71 R) |
-33.7 % |
| Water (1.5 liter bottle) |
1.35 € (27.36 R) |
0.84 € (17.00 R) |
-37.9 % |
| Bottle of Wine (Mid-Range) |
8.50 € (172.24 R) |
4.19 € (85.00 R) |
-50.7 % |
| Domestic Beer (0.5 liter bottle) |
1.64 € (33.23 R) |
1.16 € (23.48 R) |
-29.3 % |
| Imported Beer (12 oz small bottle) |
4.48 € (90.78 R) |
1.41 € (28.48 R) |
-68.6 % |
| Cigarettes 20 Pack (Marlboro) |
12.50 € (253.30 R) |
2.57 € (52.00 R) |
-79.5 % |
Transportation | Monaco Edit |
Cape Town Edit | |
| One-way Ticket (Local Transport) |
2.00 € (40.53 R) |
0.99 € (20.00 R) |
-50.7 % |
| Monthly Pass (Regular Price) |
22.00 € (445.80 R) |
33.31 € (675.00 R) |
+51.4 % |
| Taxi Start (Normal Tariff) |
6.60 € (133.74 R) |
0.99 € (20.00 R) |
-85.0 % |
| Taxi 1 mile (Normal Tariff) |
2.49 € (50.55 R) |
1.19 € (24.14 R) |
-52.2 % |
| Taxi 1hour Waiting (Normal Tariff) |
80.00 € (1,621.10 R) |
2.71 € (55.00 R) |
-96.6 % |
| Gasoline (1 gallon) |
7.97 € (161.60 R) |
4.37 € (88.57 R) |
-45.2 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
43,177.50 € (874,940.28 R) |
16,038.45 € (325,000.00 R) |
-62.9 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
34,875.00 € (706,700.07 R) |
19,993.24 € (405,139.01 R) |
-42.7 % |
Utilities (Monthly) | Monaco Edit |
Cape Town Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
286.78 € (5,811.28 R) |
81.31 € (1,647.55 R) |
-71.6 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
41.00 € (830.82 R) |
31.70 € (642.29 R) |
-22.7 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
57.00 € (1,155.04 R) |
37.64 € (762.68 R) |
-34.0 % |
Sports And Leisure | Monaco Edit |
Cape Town Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
481.25 € (9,751.95 R) |
35.15 € (712.30 R) |
-92.7 % |
| Tennis Court Rent (1 Hour on Weekend) |
46.67 € (945.64 R) |
7.11 € (144.12 R) |
-84.8 % |
| Cinema, International Release, 1 Seat |
12.00 € (243.17 R) |
5.43 € (110.00 R) |
-54.8 % |
Childcare | Monaco Edit |
Cape Town Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,950.00 € (39,514.41 R) |
166.70 € (3,378.00 R) |
-91.5 % |
| International Primary School, Yearly for 1 Child |
39,875.00 € (808,019.08 R) |
3,914.55 € (79,323.76 R) |
-90.2 % |
Clothing And Shoes | Monaco Edit |
Cape Town Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
150.33 € (3,046.32 R) |
41.65 € (843.89 R) |
-72.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
60.33 € (1,222.58 R) |
25.38 € (514.21 R) |
-57.9 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
172.67 € (3,498.88 R) |
80.88 € (1,639.03 R) |
-53.2 % |
| 1 Pair of Men Leather Business Shoes |
584.00 € (11,834.06 R) |
65.43 € (1,325.84 R) |
-88.8 % |
Rent Per Month | Monaco Edit |
Cape Town Edit | |
| Apartment (1 bedroom) in City Centre |
7,543.61 € (152,862.25 R) |
612.63 € (12,414.29 R) |
-91.9 % |
| Apartment (1 bedroom) Outside of Centre |
6,000.00 € (121,582.81 R) |
408.00 € (8,267.65 R) |
-93.2 % |
| Apartment (3 bedrooms) in City Centre |
27,833.33 € (564,009.14 R) |
1,251.82 € (25,366.67 R) |
-95.5 % |
| Apartment (3 bedrooms) Outside of Centre |
7,000.00 € (141,846.61 R) |
780.83 € (15,822.58 R) |
-88.8 % |
Buy Apartment Price | Monaco Edit |
Cape Town Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
6,549.61 € (132,719.99 R) |
165.44 € (3,352.53 R) |
-97.5 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
4,668.34 € (94,598.29 R) |
112.51 € (2,279.82 R) |
-97.6 % |
Salaries And Financing | Monaco Edit |
Cape Town Edit | |
| Average Monthly Net Salary (After Tax) |
5,735.56 € (116,224.16 R) |
1,440.07 € (29,181.22 R) |
-74.9 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 2.92 | 11.83 | +304.8 % |
| Last update: | March 2024 | April 2024 | |
| Contributors in the past 12 months: | 11 | 278 |
Moving to Monaco? Explore:
Moving to Cape Town? Explore:
Cities near Monaco: | Cost of Living in La Condamine | 0.77 miles |
| Cost of Living in Monte Carlo | 0.91 miles |
Cities near Cape Town: | Cost of Living in Somerset West | 27.94 miles |
| Cost of Living in Paarl | 38.17 miles |