Cost of Living Comparison Between Cape Town and Monaco 
| Indices Difference |  |
|---|---|
| Consumer Prices in Monaco are 212.2% higher than in Cape Town (without rent) | |
| Consumer Prices Including Rent in Monaco are 593.6% higher than in Cape Town | |
| Rent Prices in Monaco are 1,449.4% higher than in Cape Town | |
| Restaurant Prices in Monaco are 280.7% higher than in Cape Town | |
| Groceries Prices in Monaco are 117.5% higher than in Cape Town | |
| Local Purchasing Power in Monaco is 41.7% lower than in Cape Town | |
Restaurants | Cape Town Edit |
Monaco Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
155.00 R (7.74 €) |
480.57 R (24.00 €) |
+210.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
700.00 R (34.96 €) |
3,504.13 R (175.00 €) |
+400.6 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
90.00 R (4.49 €) |
200.24 R (10.00 €) |
+122.5 % |
| Domestic Beer (1 pint draught) |
43.50 R (2.17 €) |
150.18 R (7.50 €) |
+245.2 % |
| Imported Beer (12 oz small bottle) |
50.00 R (2.50 €) |
161.19 R (8.05 €) |
+222.4 % |
| Cappuccino (regular) |
37.50 R (1.87 €) |
91.11 R (4.55 €) |
+143.0 % |
| Coke/Pepsi (12 oz small bottle) |
16.97 R (0.85 €) |
94.10 R (4.70 €) |
+454.3 % |
| Water (12 oz small bottle) |
13.17 R (0.66 €) |
132.27 R (6.61 €) |
+904.3 % |
Markets | Cape Town Edit |
Monaco Edit | |
| Milk (regular), (1 gallon) |
69.04 R (3.45 €) |
113.70 R (5.68 €) |
+64.7 % |
| Loaf of Fresh White Bread (1 lb) |
16.52 R (0.82 €) |
71.81 R (3.59 €) |
+334.8 % |
| Rice (white), (1 lb) |
13.63 R (0.68 €) |
31.33 R (1.56 €) |
+129.9 % |
| Eggs (regular) (12) |
42.42 R (2.12 €) |
66.48 R (3.32 €) |
+56.7 % |
| Local Cheese (1 lb) |
64.54 R (3.22 €) |
136.24 R (6.80 €) |
+111.1 % |
| Chicken Fillets (1 lb) |
41.02 R (2.05 €) |
88.92 R (4.44 €) |
+116.8 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
55.62 R (2.78 €) |
108.99 R (5.44 €) |
+95.9 % |
| Apples (1 lb) |
12.23 R (0.61 €) |
17.11 R (0.85 €) |
+39.8 % |
| Banana (1 lb) |
12.98 R (0.65 €) |
18.17 R (0.91 €) |
+40.0 % |
| Oranges (1 lb) |
11.93 R (0.60 €) |
18.92 R (0.94 €) |
+58.6 % |
| Tomato (1 lb) |
12.32 R (0.62 €) |
35.69 R (1.78 €) |
+189.7 % |
| Potato (1 lb) |
10.78 R (0.54 €) |
17.68 R (0.88 €) |
+64.0 % |
| Onion (1 lb) |
11.05 R (0.55 €) |
27.22 R (1.36 €) |
+146.3 % |
| Lettuce (1 head) |
18.76 R (0.94 €) |
27.90 R (1.39 €) |
+48.8 % |
| Water (1.5 liter bottle) |
17.08 R (0.85 €) |
27.03 R (1.35 €) |
+58.2 % |
| Bottle of Wine (Mid-Range) |
90.00 R (4.49 €) |
170.20 R (8.50 €) |
+89.1 % |
| Domestic Beer (0.5 liter bottle) |
23.98 R (1.20 €) |
32.84 R (1.64 €) |
+36.9 % |
| Imported Beer (12 oz small bottle) |
28.96 R (1.45 €) |
89.71 R (4.48 €) |
+209.7 % |
| Cigarettes 20 Pack (Marlboro) |
52.00 R (2.60 €) |
250.29 R (12.50 €) |
+381.3 % |
Transportation | Cape Town Edit |
Monaco Edit | |
| One-way Ticket (Local Transport) |
20.00 R (1.00 €) |
40.05 R (2.00 €) |
+100.2 % |
| Monthly Pass (Regular Price) |
675.00 R (33.71 €) |
440.52 R (22.00 €) |
-34.7 % |
| Taxi Start (Normal Tariff) |
20.00 R (1.00 €) |
132.16 R (6.60 €) |
+560.8 % |
| Taxi 1 mile (Normal Tariff) |
24.14 R (1.21 €) |
49.95 R (2.49 €) |
+106.9 % |
| Taxi 1hour Waiting (Normal Tariff) |
55.00 R (2.75 €) |
1,601.89 R (80.00 €) |
+2,812.5 % |
| Gasoline (1 gallon) |
88.63 R (4.43 €) |
159.68 R (7.97 €) |
+80.2 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
348,200.00 R (17,389.50 €) |
864,568.19 R (43,177.50 €) |
+148.3 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
405,139.01 R (20,233.09 €) |
698,322.40 R (34,875.00 €) |
+72.4 % |
Utilities (Monthly) | Cape Town Edit |
Monaco Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
1,659.65 R (82.88 €) |
5,742.39 R (286.78 €) |
+246.0 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
637.38 R (31.83 €) |
820.97 R (41.00 €) |
+28.8 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
760.45 R (37.98 €) |
1,141.34 R (57.00 €) |
+50.1 % |
Sports And Leisure | Cape Town Edit |
Monaco Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
707.30 R (35.32 €) |
9,636.35 R (481.25 €) |
+1,262.4 % |
| Tennis Court Rent (1 Hour on Weekend) |
133.53 R (6.67 €) |
934.43 R (46.67 €) |
+599.8 % |
| Cinema, International Release, 1 Seat |
120.00 R (5.99 €) |
240.28 R (12.00 €) |
+100.2 % |
Childcare | Cape Town Edit |
Monaco Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
3,348.08 R (167.21 €) |
39,045.98 R (1,950.00 €) |
+1,066.2 % |
| International Primary School, Yearly for 1 Child |
79,323.76 R (3,961.52 €) |
798,440.31 R (39,875.00 €) |
+906.6 % |
Clothing And Shoes | Cape Town Edit |
Monaco Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
849.84 R (42.44 €) |
3,010.21 R (150.33 €) |
+254.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
519.57 R (25.95 €) |
1,208.09 R (60.33 €) |
+132.5 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
1,639.03 R (81.86 €) |
3,457.41 R (172.67 €) |
+110.9 % |
| 1 Pair of Men Leather Business Shoes |
1,353.84 R (67.61 €) |
11,693.77 R (584.00 €) |
+763.7 % |
Rent Per Month | Cape Town Edit |
Monaco Edit | |
| Apartment (1 bedroom) in City Centre |
12,625.00 R (630.51 €) |
151,050.12 R (7,543.61 €) |
+1,096.4 % |
| Apartment (1 bedroom) Outside of Centre |
8,252.94 R (412.16 €) |
120,141.49 R (6,000.00 €) |
+1,355.7 % |
| Apartment (3 bedrooms) in City Centre |
25,533.33 R (1,275.16 €) |
557,323.02 R (27,833.33 €) |
+2,082.7 % |
| Apartment (3 bedrooms) Outside of Centre |
16,109.38 R (804.52 €) |
140,165.07 R (7,000.00 €) |
+770.1 % |
Buy Apartment Price | Cape Town Edit |
Monaco Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
3,383.94 R (169.00 €) |
131,146.65 R (6,549.61 €) |
+3,775.6 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
2,313.58 R (115.54 €) |
93,476.86 R (4,668.34 €) |
+3,940.4 % |
Salaries And Financing | Cape Town Edit |
Monaco Edit | |
| Average Monthly Net Salary (After Tax) |
28,399.43 R (1,418.30 €) |
114,846.36 R (5,735.56 €) |
+304.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 11.87 | 2.92 | -75.4 % |
| Last update: | May 2024 | March 2024 | |
| Contributors in the past 12 months: | 284 | 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 |