Cost of Living Comparison Between New York, NY and Monaco 
| Indices Difference |  |
|---|---|
| Consumer Prices in Monaco are 7.6% higher than in New York, NY (without rent) | |
| Consumer Prices Including Rent in Monaco are 80.4% higher than in New York, NY | |
| Rent Prices in Monaco are 159.8% higher than in New York, NY | |
| Restaurant Prices in Monaco are 12.0% higher than in New York, NY | |
| Groceries Prices in Monaco are 34.4% lower than in New York, NY | |
| Local Purchasing Power in Monaco is 42.2% lower than in New York, NY | |
Restaurants | New York, NY Edit |
Monaco Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
30.00 $ (27.98 €) |
25.74 $ (24.00 €) |
-14.2 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
130.00 $ (121.23 €) |
187.66 $ (175.00 €) |
+44.4 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
12.00 $ (11.19 €) |
10.72 $ (10.00 €) |
-10.6 % |
| Domestic Beer (1 pint draught) |
8.00 $ (7.46 €) |
8.04 $ (7.50 €) |
+0.5 % |
| Imported Beer (12 oz small bottle) |
10.50 $ (9.79 €) |
8.63 $ (8.05 €) |
-17.8 % |
| Cappuccino (regular) |
5.56 $ (5.18 €) |
4.88 $ (4.55 €) |
-12.2 % |
| Coke/Pepsi (12 oz small bottle) |
3.02 $ (2.81 €) |
5.04 $ (4.70 €) |
+67.1 % |
| Water (12 oz small bottle) |
2.29 $ (2.13 €) |
7.08 $ (6.61 €) |
+209.7 % |
Markets | New York, NY Edit |
Monaco Edit | |
| Milk (regular), (1 gallon) |
5.82 $ (5.42 €) |
6.09 $ (5.68 €) |
+4.7 % |
| Loaf of Fresh White Bread (1 lb) |
4.29 $ (4.00 €) |
3.85 $ (3.59 €) |
-10.3 % |
| Rice (white), (1 lb) |
3.25 $ (3.03 €) |
1.68 $ (1.56 €) |
-48.3 % |
| Eggs (regular) (12) |
5.46 $ (5.09 €) |
3.56 $ (3.32 €) |
-34.8 % |
| Local Cheese (1 lb) |
7.65 $ (7.14 €) |
7.30 $ (6.80 €) |
-4.7 % |
| Chicken Fillets (1 lb) |
7.13 $ (6.65 €) |
4.76 $ (4.44 €) |
-33.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
9.04 $ (8.43 €) |
5.84 $ (5.44 €) |
-35.4 % |
| Apples (1 lb) |
3.14 $ (2.93 €) |
0.92 $ (0.85 €) |
-70.9 % |
| Banana (1 lb) |
0.93 $ (0.86 €) |
0.97 $ (0.91 €) |
+5.1 % |
| Oranges (1 lb) |
2.70 $ (2.52 €) |
1.01 $ (0.94 €) |
-62.5 % |
| Tomato (1 lb) |
2.82 $ (2.63 €) |
1.91 $ (1.78 €) |
-32.1 % |
| Potato (1 lb) |
1.93 $ (1.80 €) |
0.95 $ (0.88 €) |
-51.0 % |
| Onion (1 lb) |
1.71 $ (1.60 €) |
1.46 $ (1.36 €) |
-14.9 % |
| Lettuce (1 head) |
2.88 $ (2.68 €) |
1.49 $ (1.39 €) |
-48.1 % |
| Water (1.5 liter bottle) |
2.43 $ (2.26 €) |
1.45 $ (1.35 €) |
-40.3 % |
| Bottle of Wine (Mid-Range) |
20.00 $ (18.65 €) |
9.11 $ (8.50 €) |
-54.4 % |
| Domestic Beer (0.5 liter bottle) |
2.53 $ (2.36 €) |
1.76 $ (1.64 €) |
-30.4 % |
| Imported Beer (12 oz small bottle) |
3.83 $ (3.57 €) |
4.80 $ (4.48 €) |
+25.5 % |
| Cigarettes 20 Pack (Marlboro) |
17.00 $ (15.85 €) |
13.40 $ (12.50 €) |
-21.2 % |
Transportation | New York, NY Edit |
Monaco Edit | |
| One-way Ticket (Local Transport) |
2.90 $ (2.70 €) |
2.14 $ (2.00 €) |
-26.0 % |
| Monthly Pass (Regular Price) |
132.00 $ (123.09 €) |
23.59 $ (22.00 €) |
-82.1 % |
| Taxi Start (Normal Tariff) |
5.00 $ (4.66 €) |
7.08 $ (6.60 €) |
+41.5 % |
| Taxi 1 mile (Normal Tariff) |
3.50 $ (3.26 €) |
2.67 $ (2.49 €) |
-23.6 % |
| Taxi 1hour Waiting (Normal Tariff) |
30.00 $ (27.98 €) |
85.79 $ (80.00 €) |
+186.0 % |
| Gasoline (1 gallon) |
3.87 $ (3.61 €) |
8.55 $ (7.97 €) |
+121.1 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
28,000.00 $ (26,110.95 €) |
46,301.26 $ (43,177.50 €) |
+65.4 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,053.26 $ (25,228.09 €) |
37,398.10 $ (34,875.00 €) |
+38.2 % |
Utilities (Monthly) | New York, NY Edit |
Monaco Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
177.38 $ (165.41 €) |
307.53 $ (286.78 €) |
+73.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
62.96 $ (58.71 €) |
43.97 $ (41.00 €) |
-30.2 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
69.77 $ (65.06 €) |
61.12 $ (57.00 €) |
-12.4 % |
Sports And Leisure | New York, NY Edit |
Monaco Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
132.14 $ (123.23 €) |
516.07 $ (481.25 €) |
+290.5 % |
| Tennis Court Rent (1 Hour on Weekend) |
74.17 $ (69.16 €) |
50.04 $ (46.67 €) |
-32.5 % |
| Cinema, International Release, 1 Seat |
20.00 $ (18.65 €) |
12.87 $ (12.00 €) |
-35.7 % |
Childcare | New York, NY Edit |
Monaco Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
3,065.64 $ (2,858.81 €) |
2,091.08 $ (1,950.00 €) |
-31.8 % |
| International Primary School, Yearly for 1 Child |
63,250.00 $ (58,982.78 €) |
42,759.84 $ (39,875.00 €) |
-32.4 % |
Clothing And Shoes | New York, NY Edit |
Monaco Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
68.82 $ (64.18 €) |
161.21 $ (150.33 €) |
+134.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
45.42 $ (42.36 €) |
64.70 $ (60.33 €) |
+42.4 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
97.00 $ (90.46 €) |
185.16 $ (172.67 €) |
+90.9 % |
| 1 Pair of Men Leather Business Shoes |
165.86 $ (154.67 €) |
626.25 $ (584.00 €) |
+277.6 % |
Rent Per Month | New York, NY Edit |
Monaco Edit | |
| Apartment (1 bedroom) in City Centre |
4,162.14 $ (3,881.34 €) |
8,089.37 $ (7,543.61 €) |
+94.4 % |
| Apartment (1 bedroom) Outside of Centre |
2,912.38 $ (2,715.89 €) |
6,434.08 $ (6,000.00 €) |
+120.9 % |
| Apartment (3 bedrooms) in City Centre |
8,432.88 $ (7,863.95 €) |
29,846.99 $ (27,833.33 €) |
+253.9 % |
| Apartment (3 bedrooms) Outside of Centre |
4,431.43 $ (4,132.46 €) |
7,506.43 $ (7,000.00 €) |
+69.4 % |
Buy Apartment Price | New York, NY Edit |
Monaco Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,698.83 $ (1,584.22 €) |
7,023.45 $ (6,549.61 €) |
+313.4 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,192.75 $ (1,112.28 €) |
5,006.08 $ (4,668.34 €) |
+319.7 % |
Salaries And Financing | New York, NY Edit |
Monaco Edit | |
| Average Monthly Net Salary (After Tax) |
5,899.65 $ (5,501.63 €) |
6,150.51 $ (5,735.56 €) |
+4.3 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.67 | 2.92 | -56.2 % |
| Last update: | April 2024 | March 2024 | |
| Contributors in the past 12 months: | 506 | 11 |
Moving to New York, NY? Explore:
Moving to Monaco? Explore:
Cities near New York, NY: | Cost of Living in Jersey City, New Jersey | 4.58 miles |
| Cost of Living in East Rutherford, New Jersey | 10.01 miles |
| Cost of Living in Rutherford, New Jersey | 10.22 miles |
| Cost of Living in Newark, New Jersey | 11.63 miles |
| Cost of Living in Paterson, New Jersey | 17.95 miles |
| Cost of Living in Bergen County, New Jersey | 20.13 miles |
| Cost of Living in Hempstead, New York | 22.26 miles |
| Cost of Living in West Caldwell, New Jersey | 23.56 miles |
| Cost of Living in Woodbridge, New Jersey | 25.26 miles |
| Cost of Living in Parsippany-Troy Hills, New Jersey | 30.18 miles |
Cities near Monaco: | Cost of Living in La Condamine | 0.77 miles |
| Cost of Living in Monte Carlo | 0.91 miles |