Cost of Living Comparison Between New York, NY and Monaco 
| Indices Difference |  |
|---|---|
| Consumer Prices in Monaco are 7.0% higher than in New York, NY (without rent) | |
| Consumer Prices Including Rent in Monaco are 79.4% higher than in New York, NY | |
| Rent Prices in Monaco are 158.6% higher than in New York, NY | |
| Restaurant Prices in Monaco are 11.3% higher than in New York, NY | |
| Groceries Prices in Monaco are 33.4% lower than in New York, NY | |
| Local Purchasing Power in Monaco is 40.9% lower than in New York, NY | |
Restaurants | New York, NY Edit |
Monaco Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
30.00 $ (27.86 €) |
25.84 $ (24.00 €) |
-13.9 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
130.00 $ (120.72 €) |
188.45 $ (175.00 €) |
+45.0 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
12.00 $ (11.14 €) |
10.77 $ (10.00 €) |
-10.3 % |
| Domestic Beer (1 pint draught) |
8.00 $ (7.43 €) |
8.08 $ (7.50 €) |
+1.0 % |
| Imported Beer (12 oz small bottle) |
10.50 $ (9.75 €) |
8.67 $ (8.05 €) |
-17.4 % |
| Cappuccino (regular) |
5.67 $ (5.27 €) |
4.90 $ (4.55 €) |
-13.6 % |
| Coke/Pepsi (12 oz small bottle) |
3.05 $ (2.83 €) |
5.06 $ (4.70 €) |
+66.0 % |
| Water (12 oz small bottle) |
2.29 $ (2.12 €) |
7.11 $ (6.61 €) |
+211.3 % |
Markets | New York, NY Edit |
Monaco Edit | |
| Milk (regular), (1 gallon) |
5.63 $ (5.23 €) |
6.11 $ (5.68 €) |
+8.6 % |
| Loaf of Fresh White Bread (1 lb) |
4.33 $ (4.02 €) |
3.86 $ (3.59 €) |
-10.9 % |
| Rice (white), (1 lb) |
3.21 $ (2.98 €) |
1.69 $ (1.56 €) |
-47.6 % |
| Eggs (regular) (12) |
5.12 $ (4.76 €) |
3.58 $ (3.32 €) |
-30.2 % |
| Local Cheese (1 lb) |
7.46 $ (6.93 €) |
7.33 $ (6.80 €) |
-1.8 % |
| Chicken Fillets (1 lb) |
6.93 $ (6.44 €) |
4.78 $ (4.44 €) |
-31.0 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
8.69 $ (8.07 €) |
5.86 $ (5.44 €) |
-32.6 % |
| Apples (1 lb) |
3.10 $ (2.88 €) |
0.92 $ (0.85 €) |
-70.3 % |
| Banana (1 lb) |
0.95 $ (0.88 €) |
0.98 $ (0.91 €) |
+2.9 % |
| Oranges (1 lb) |
2.53 $ (2.35 €) |
1.02 $ (0.94 €) |
-59.7 % |
| Tomato (1 lb) |
2.86 $ (2.66 €) |
1.92 $ (1.78 €) |
-32.9 % |
| Potato (1 lb) |
1.81 $ (1.68 €) |
0.95 $ (0.88 €) |
-47.4 % |
| Onion (1 lb) |
1.69 $ (1.57 €) |
1.46 $ (1.36 €) |
-13.3 % |
| Lettuce (1 head) |
3.01 $ (2.80 €) |
1.50 $ (1.39 €) |
-50.2 % |
| Water (1.5 liter bottle) |
2.43 $ (2.26 €) |
1.45 $ (1.35 €) |
-40.2 % |
| Bottle of Wine (Mid-Range) |
20.00 $ (18.57 €) |
9.15 $ (8.50 €) |
-54.2 % |
| Domestic Beer (0.5 liter bottle) |
2.53 $ (2.35 €) |
1.77 $ (1.64 €) |
-30.1 % |
| Imported Beer (12 oz small bottle) |
3.81 $ (3.53 €) |
4.82 $ (4.48 €) |
+26.7 % |
| Cigarettes 20 Pack (Marlboro) |
17.00 $ (15.79 €) |
13.46 $ (12.50 €) |
-20.8 % |
Transportation | New York, NY Edit |
Monaco Edit | |
| One-way Ticket (Local Transport) |
2.90 $ (2.69 €) |
2.15 $ (2.00 €) |
-25.7 % |
| Monthly Pass (Regular Price) |
132.00 $ (122.58 €) |
23.69 $ (22.00 €) |
-82.1 % |
| Taxi Start (Normal Tariff) |
5.00 $ (4.64 €) |
7.11 $ (6.60 €) |
+42.1 % |
| Taxi 1 mile (Normal Tariff) |
3.50 $ (3.25 €) |
2.69 $ (2.49 €) |
-23.3 % |
| Taxi 1hour Waiting (Normal Tariff) |
34.00 $ (31.57 €) |
86.15 $ (80.00 €) |
+153.4 % |
| Gasoline (1 gallon) |
3.85 $ (3.58 €) |
8.59 $ (7.97 €) |
+122.8 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
31,500.00 $ (29,252.47 €) |
46,494.91 $ (43,177.50 €) |
+47.6 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,469.93 $ (25,509.95 €) |
37,554.51 $ (34,875.00 €) |
+36.7 % |
Utilities (Monthly) | New York, NY Edit |
Monaco Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
183.18 $ (170.11 €) |
308.82 $ (286.78 €) |
+68.6 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
66.32 $ (61.59 €) |
44.15 $ (41.00 €) |
-33.4 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
71.56 $ (66.46 €) |
61.38 $ (57.00 €) |
-14.2 % |
Sports And Leisure | New York, NY Edit |
Monaco Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
132.14 $ (122.71 €) |
518.23 $ (481.25 €) |
+292.2 % |
| Tennis Court Rent (1 Hour on Weekend) |
77.86 $ (72.30 €) |
50.25 $ (46.67 €) |
-35.5 % |
| Cinema, International Release, 1 Seat |
20.00 $ (18.57 €) |
12.92 $ (12.00 €) |
-35.4 % |
Childcare | New York, NY Edit |
Monaco Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
3,096.67 $ (2,875.72 €) |
2,099.82 $ (1,950.00 €) |
-32.2 % |
| International Primary School, Yearly for 1 Child |
58,250.00 $ (54,093.86 €) |
42,938.67 $ (39,875.00 €) |
-26.3 % |
Clothing And Shoes | New York, NY Edit |
Monaco Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
70.85 $ (65.79 €) |
161.88 $ (150.33 €) |
+128.5 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
47.53 $ (44.14 €) |
64.97 $ (60.33 €) |
+36.7 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
97.75 $ (90.78 €) |
185.93 $ (172.67 €) |
+90.2 % |
| 1 Pair of Men Leather Business Shoes |
163.59 $ (151.92 €) |
628.87 $ (584.00 €) |
+284.4 % |
Rent Per Month | New York, NY Edit |
Monaco Edit | |
| Apartment (1 bedroom) in City Centre |
4,150.51 $ (3,854.37 €) |
8,123.20 $ (7,543.61 €) |
+95.7 % |
| Apartment (1 bedroom) Outside of Centre |
2,846.86 $ (2,643.74 €) |
6,460.99 $ (6,000.00 €) |
+127.0 % |
| Apartment (3 bedrooms) in City Centre |
8,432.88 $ (7,831.20 €) |
29,971.82 $ (27,833.33 €) |
+255.4 % |
| Apartment (3 bedrooms) Outside of Centre |
4,503.08 $ (4,181.78 €) |
7,537.82 $ (7,000.00 €) |
+67.4 % |
Buy Apartment Price | New York, NY Edit |
Monaco Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,644.57 $ (1,527.23 €) |
7,052.83 $ (6,549.61 €) |
+328.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,091.71 $ (1,013.82 €) |
5,027.02 $ (4,668.34 €) |
+360.5 % |
Salaries And Financing | New York, NY Edit |
Monaco Edit | |
| Average Monthly Net Salary (After Tax) |
5,828.80 $ (5,412.92 €) |
6,176.23 $ (5,735.56 €) |
+6.0 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.68 | 2.92 | -56.2 % |
| Last update: | May 2024 | March 2024 | |
| Contributors in the past 12 months: | 477 | 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 |