Cost of Living Comparison Between Monaco and New York, NY 

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Indices DifferenceInfo
Consumer Prices in New York, NY are 5.2% lower than in Monaco (without rent)
Consumer Prices Including Rent in New York, NY are 43.2% lower than in Monaco
Rent Prices in New York, NY are 60.4% lower than in Monaco
Restaurant Prices in New York, NY are 11.6% lower than in Monaco
Groceries Prices in New York, NY are 50.4% higher than in Monaco
Local Purchasing Power in New York, NY is 68.1% higher than in Monaco
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Monaco Edit New York, NY Edit Difference
Meal, Inexpensive Restaurant 24.00 €
(25.87 $)
27.83 €
(30.00 $)
     +15.9 %
Meal for 2 People, Mid-range Restaurant, Three-course 175.00 €
(188.67 $)
120.58 €
(130.00 $)
     -31.1 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 €
(10.78 $)
11.13 €
(12.00 $)
     +11.3 %
Domestic Beer (1 pint draught) 7.50 €
(8.09 $)
7.42 €
(8.00 $)
     -1.1 %
Imported Beer (12 oz small bottle) 8.05 €
(8.68 $)
10.20 €
(11.00 $)
     +26.7 %
Cappuccino (regular) 5.23 €
(5.64 $)
5.30 €
(5.72 $)
     +1.3 %
Coke/Pepsi (12 oz small bottle) 4.70 €
(5.07 $)
2.94 €
(3.17 $)
     -37.4 %
Water (12 oz small bottle) 6.61 €
(7.12 $)
2.16 €
(2.33 $)
     -67.2 %
Markets
Monaco Edit New York, NY Edit
Milk (regular), (1 gallon) 5.68 €
(6.12 $)
5.24 €
(5.65 $)
     -7.8 %
Loaf of Fresh White Bread (1 lb) 3.59 €
(3.87 $)
4.07 €
(4.39 $)
     +13.4 %
Rice (white), (1 lb) 1.56 €
(1.69 $)
3.15 €
(3.40 $)
     +101.6 %
Eggs (regular) (12) 3.32 €
(3.58 $)
4.84 €
(5.22 $)
     +45.7 %
Local Cheese (1 lb) 6.80 €
(7.34 $)
7.09 €
(7.64 $)
     +4.2 %
Chicken Fillets (1 lb) 4.44 €
(4.79 $)
6.43 €
(6.93 $)
     +44.8 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5.44 €
(5.87 $)
8.34 €
(8.99 $)
     +53.2 %
Apples (1 lb) 0.85 €
(0.92 $)
2.88 €
(3.10 $)
     +236.8 %
Banana (1 lb) 0.91 €
(0.98 $)
0.89 €
(0.96 $)
     -1.7 %
Oranges (1 lb) 0.94 €
(1.02 $)
2.34 €
(2.53 $)
     +148.0 %
Tomato (1 lb) 1.78 €
(1.92 $)
2.71 €
(2.93 $)
     +52.3 %
Potato (1 lb) 0.88 €
(0.95 $)
1.68 €
(1.81 $)
     +89.7 %
Onion (1 lb) 1.36 €
(1.47 $)
1.57 €
(1.69 $)
     +15.2 %
Lettuce (1 head) 1.39 €
(1.50 $)
2.74 €
(2.95 $)
     +96.3 %
Water (1.5 liter bottle) 1.35 €
(1.46 $)
2.34 €
(2.52 $)
     +73.3 %
Bottle of Wine (Mid-Range) 8.50 €
(9.16 $)
18.55 €
(20.00 $)
     +118.2 %
Domestic Beer (0.5 liter bottle) 1.64 €
(1.77 $)
2.34 €
(2.53 $)
     +43.0 %
Imported Beer (12 oz small bottle) 4.48 €
(4.83 $)
3.58 €
(3.86 $)
     -20.2 %
Cigarettes 20 Pack (Marlboro) 12.50 €
(13.48 $)
15.77 €
(17.00 $)
     +26.1 %
Transportation
Monaco Edit New York, NY Edit
One-way Ticket (Local Transport) 2.00 €
(2.16 $)
2.69 €
(2.90 $)
     +34.5 %
Monthly Pass (Regular Price) 22.00 €
(23.72 $)
122.44 €
(132.00 $)
     +456.5 %
Taxi Start (Normal Tariff) 6.60 €
(7.12 $)
4.64 €
(5.00 $)
     -29.7 %
Taxi 1 mile (Normal Tariff) 2.49 €
(2.69 $)
3.25 €
(3.50 $)
     +30.1 %
Taxi 1hour Waiting (Normal Tariff) 80.00 €
(86.25 $)
31.54 €
(34.00 $)
     -60.6 %
Gasoline (1 gallon) 7.97 €
(8.60 $)
3.58 €
(3.85 $)
     -55.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 43,177.50 €
(46,549.75 $)
32,464.46 €
(35,000.00 $)
     -24.8 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 34,875.00 €
(37,598.81 $)
26,302.57 €
(28,356.86 $)
     -24.6 %
Utilities (Monthly)
Monaco Edit New York, NY Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 286.78 €
(309.18 $)
174.25 €
(187.85 $)
     -39.2 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 41.00 €
(44.20 $)
63.55 €
(68.52 $)
     +55.0 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 57.00 €
(61.45 $)
66.62 €
(71.82 $)
     +16.9 %
Sports And Leisure
Monaco Edit New York, NY Edit
Fitness Club, Monthly Fee for 1 Adult 481.25 €
(518.84 $)
137.24 €
(147.95 $)
     -71.5 %
Tennis Court Rent (1 Hour on Weekend) 46.67 €
(50.31 $)
86.38 €
(93.12 $)
     +85.1 %
Cinema, International Release, 1 Seat 12.00 €
(12.94 $)
18.55 €
(20.00 $)
     +54.6 %
Childcare
Monaco Edit New York, NY Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,950.00 €
(2,102.30 $)
2,897.27 €
(3,123.56 $)
     +48.6 %
International Primary School, Yearly for 1 Child 39,875.00 €
(42,989.32 $)
53,798.25 €
(58,000.00 $)
     +34.9 %
Clothing And Shoes
Monaco Edit New York, NY Edit
1 Pair of Jeans (Levis 501 Or Similar) 150.33 €
(162.07 $)
66.95 €
(72.17 $)
     -55.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 60.33 €
(65.05 $)
44.74 €
(48.24 $)
     -25.8 %
1 Pair of Nike Running Shoes (Mid-Range) 172.67 €
(186.15 $)
93.90 €
(101.23 $)
     -45.6 %
1 Pair of Men Leather Business Shoes 584.00 €
(629.61 $)
156.84 €
(169.09 $)
     -73.1 %
Rent Per Month
Monaco Edit New York, NY Edit
Apartment (1 bedroom) in City Centre 7,543.61 €
(8,132.78 $)
4,034.87 €
(4,350.00 $)
     -46.5 %
Apartment (1 bedroom) Outside of Centre 6,000.00 €
(6,468.61 $)
2,685.55 €
(2,895.30 $)
     -55.2 %
Apartment (3 bedrooms) in City Centre 27,833.33 €
(30,007.17 $)
8,143.05 €
(8,779.04 $)
     -70.7 %
Apartment (3 bedrooms) Outside of Centre 7,000.00 €
(7,546.71 $)
4,290.12 €
(4,625.19 $)
     -38.7 %
Buy Apartment Price
Monaco Edit New York, NY Edit
Price per Square Feet to Buy Apartment in City Centre 7,122.51 €
(7,678.79 $)
1,586.46 €
(1,710.37 $)
     -77.7 %
Price per Square Feet to Buy Apartment Outside of Centre 5,945.75 €
(6,410.12 $)
1,059.96 €
(1,142.75 $)
     -82.2 %
Salaries And Financing
Monaco Edit New York, NY Edit
Average Monthly Net Salary (After Tax) 5,735.56 €
(6,183.51 $)
5,475.90 €
(5,903.58 $)
     -4.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.92 6.74      +130.7 %
Last update: March 2024May 2024
Contributors in the past 12 months:11492