Cost of Living Comparison Between Monaco and Germany 
| Indices Difference |  |
|---|---|
| Cost of Living in Germany is 57.6% lower than in Monaco (without rent) | |
| Cost of Living Including Rent in Germany is 75.9% lower than in Monaco | |
| Rent Prices in Germany are 89.8% lower than in Monaco | |
| Restaurant Prices in Germany are 46.1% lower than in Monaco | |
| Groceries Prices in Germany are 37.4% lower than in Monaco | |
| Local Purchasing Power in Germany is 91.2% higher than in Monaco | |
Restaurants | Monaco Edit |
Germany Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 27.50 € | 14.00 € | -49.1 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 135.00 € | 60.00 € | -55.6 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 11.50 € | 10.00 € | -13.0 % |
| Domestic Beer (1 pint draught) | 8.00 € | 4.00 € | -50.0 % |
| Imported Beer (12 oz small bottle) | 9.13 € | 4.00 € | -56.2 % |
| Cappuccino (regular) | 3.78 € | 3.38 € | -10.5 % |
| Coke/Pepsi (12 oz small bottle) | 5.44 € | 2.75 € | -49.5 % |
| Water (12 oz small bottle) | 6.87 € | 2.44 € | -64.4 % |
Markets | Monaco Edit |
Germany Edit | |
| Milk (regular), (1 gallon) | 8.83 € | 3.95 € | -55.3 % |
| Loaf of Fresh White Bread (1 lb) | 3.81 € | 1.79 € | -53.1 % |
| Rice (white), (1 lb) | 1.40 € | 1.25 € | -11.0 % |
| Eggs (regular) (12) | 3.99 € | 3.33 € | -16.7 % |
| Local Cheese (1 lb) | 9.07 € | 5.72 € | -36.9 % |
| Chicken Fillets (1 lb) | 6.79 € | 6.58 € | -3.1 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 9.07 € | 7.35 € | -19.0 % |
| Apples (1 lb) | 1.54 € | 1.19 € | -22.7 % |
| Banana (1 lb) | 2.61 € | 0.60 € | -76.8 % |
| Oranges (1 lb) | 1.33 € | 0.92 € | -31.0 % |
| Tomato (1 lb) | 1.87 € | 1.44 € | -23.3 % |
| Potato (1 lb) | 1.63 € | 0.68 € | -58.4 % |
| Onion (1 lb) | 1.67 € | 0.73 € | -56.2 % |
| Lettuce (1 head) | 2.44 € | 1.85 € | -24.1 % |
| Water (1.5 liter bottle) | 5.33 € | 0.84 € | -84.2 % |
| Bottle of Wine (Mid-Range) | 13.50 € | 5.99 € | -55.6 % |
| Domestic Beer (0.5 liter bottle) | 1.94 € | 0.87 € | -55.3 % |
| Imported Beer (12 oz small bottle) | 4.32 € | 1.45 € | -66.4 % |
| Cigarettes 20 Pack (Marlboro) | 12.50 € | 8.20 € | -34.4 % |
Transportation | Monaco Edit |
Germany Edit | |
| One-way Ticket (Local Transport) | 2.00 € | 3.00 € | +50.0 % |
| Monthly Pass (Regular Price) | 22.00 € | 49.00 € | +122.7 % |
| Taxi Start (Normal Tariff) | 5.80 € | 4.50 € | -22.4 % |
| Taxi 1 mile (Normal Tariff) | 2.74 € | 3.38 € | +23.5 % |
| Taxi 1hour Waiting (Normal Tariff) | 90.00 € | 30.00 € | -66.7 % |
| Gasoline (1 gallon) | 7.95 € | 6.65 € | -16.4 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 48,457.50 € | 27,180.00 € | -43.9 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 45,188.67 € | 27,842.67 € | -38.4 % |
Utilities (Monthly) | Monaco Edit |
Germany Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 302.89 € | 296.74 € | -2.0 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 52.00 € | 27.59 € | -46.9 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 68.60 € | 45.71 € | -33.4 % |
Sports And Leisure | Monaco Edit |
Germany Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 335.00 € | 33.94 € | -89.9 % |
| Tennis Court Rent (1 Hour on Weekend) | 47.50 € | 21.00 € | -55.8 % |
| Cinema, International Release, 1 Seat | 12.00 € | 12.00 € | 0.0 % |
Childcare | Monaco Edit |
Germany Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 2,966.67 € | 400.01 € | -86.5 % |
| International Primary School, Yearly for 1 Child | 30,875.00 € | 12,048.30 € | -61.0 % |
Clothing And Shoes | Monaco Edit |
Germany Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 132.00 € | 79.18 € | -40.0 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 62.75 € | 37.42 € | -40.4 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 173.25 € | 85.67 € | -50.6 % |
| 1 Pair of Men Leather Business Shoes | 584.00 € | 114.05 € | -80.5 % |
Rent Per Month | Monaco Edit |
Germany Edit | |
| Apartment (1 bedroom) in City Centre | 5,938.47 € | 911.93 € | -84.6 % |
| Apartment (1 bedroom) Outside of Centre | 4,415.87 € | 694.47 € | -84.3 % |
| Apartment (3 bedrooms) in City Centre | 20,875.00 € | 1,668.01 € | -92.0 % |
| Apartment (3 bedrooms) Outside of Centre | 13,500.00 € | 1,282.79 € | -90.5 % |
Buy Apartment Price | Monaco Edit |
Germany Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 6,168.71 € | 522.14 € | -91.5 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 4,923.82 € | 418.02 € | -91.5 % |
Salaries And Financing | Monaco Edit |
Germany Edit | |
| Average Monthly Net Salary (After Tax) | 7,116.62 € | 3,277.38 € | -53.9 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 2.92 | 3.59 | +22.9 % |
| Last update: | May 2024 | July 2024 | |
| Contributors in the past 12 months: | 20 | 3857 |
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