Cost of Living Comparison Between Monaco and Germany 
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| Indices Difference |  |
|---|---|
| Cost of Living in Germany is 56.5% lower than in Monaco (without rent) | |
| Cost of Living Including Rent in Germany is 75.7% lower than in Monaco | |
| Rent Prices in Germany are 90.0% lower than in Monaco | |
| Restaurant Prices in Germany are 39.3% lower than in Monaco | |
| Groceries Prices in Germany are 36.7% lower than in Monaco | |
| Local Purchasing Power in Germany is 58.0% higher than in Monaco | |
Restaurants | Monaco Edit |
Germany Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 25.00 € | 14.00 € | -44.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 120.00 € | 65.00 € | -45.8 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 10.00 € | 10.00 € | 0.0 % |
| Domestic Beer (0.5 liter draught) | 8.50 € | 4.20 € | -50.6 % |
| Imported Beer (0.33 liter bottle) | 8.05 € | 4.00 € | -50.3 % |
| Cappuccino (regular) | 3.78 € | 3.42 € | -9.6 % |
| Coke/Pepsi (0.33 liter bottle) | 5.03 € | 2.76 € | -45.1 % |
| Water (0.33 liter bottle) | 6.87 € | 2.47 € | -64.0 % |
Markets | Monaco Edit |
Germany Edit | |
| Milk (regular), (1 liter) | 2.33 € | 1.10 € | -53.1 % |
| Loaf of Fresh White Bread (500g) | 4.20 € | 1.90 € | -54.7 % |
| Rice (white), (1kg) | 3.09 € | 2.97 € | -3.8 % |
| Eggs (regular) (12) | 3.99 € | 3.21 € | -19.4 % |
| Local Cheese (1kg) | 20.00 € | 12.70 € | -36.5 % |
| Chicken Fillets (1kg) | 14.97 € | 12.85 € | -14.2 % |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | 20.00 € | 17.06 € | -14.7 % |
| Apples (1kg) | 3.40 € | 2.69 € | -20.8 % |
| Banana (1kg) | 5.75 € | 1.48 € | -74.2 % |
| Oranges (1kg) | 2.94 € | 2.00 € | -31.9 % |
| Tomato (1kg) | 4.13 € | 4.39 € | +6.2 % |
| Potato (1kg) | 3.58 € | 1.41 € | -60.7 % |
| Onion (1kg) | 3.67 € | 1.47 € | -60.0 % |
| Lettuce (1 head) | 2.44 € | 1.68 € | -31.0 % |
| Water (1.5 liter bottle) | 5.33 € | 0.83 € | -84.4 % |
| Bottle of Wine (Mid-Range) | 13.50 € | 5.99 € | -55.6 % |
| Domestic Beer (0.5 liter bottle) | 1.94 € | 0.91 € | -53.2 % |
| Imported Beer (0.33 liter bottle) | 4.32 € | 1.49 € | -65.4 % |
| 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 1km (Normal Tariff) | 1.70 € | 2.15 € | +26.5 % |
| Taxi 1hour Waiting (Normal Tariff) | 90.00 € | 30.00 € | -66.7 % |
| Gasoline (1 liter) | 2.10 € | 1.75 € | -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 € | 28,189.12 € | -37.6 % |
Utilities (Monthly) | Monaco Edit |
Germany Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | 302.89 € | 305.01 € | +0.7 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 52.00 € | 26.58 € | -48.9 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 68.60 € | 45.59 € | -33.5 % |
Sports And Leisure | Monaco Edit |
Germany Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 335.00 € | 34.41 € | -89.7 % |
| Tennis Court Rent (1 Hour on Weekend) | 47.50 € | 21.13 € | -55.5 % |
| 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 € | 415.33 € | -86.0 % |
| International Primary School, Yearly for 1 Child | 30,875.00 € | 11,902.75 € | -61.4 % |
Clothing And Shoes | Monaco Edit |
Germany Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 162.75 € | 79.49 € | -51.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 62.75 € | 37.62 € | -40.0 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 173.25 € | 86.64 € | -50.0 % |
| 1 Pair of Men Leather Business Shoes | 584.00 € | 115.14 € | -80.3 % |
Rent Per Month | Monaco Edit |
Germany Edit | |
| Apartment (1 bedroom) in City Centre | 5,938.47 € | 893.23 € | -85.0 % |
| Apartment (1 bedroom) Outside of Centre | 4,784.80 € | 677.01 € | -85.9 % |
| Apartment (3 bedrooms) in City Centre | 20,875.00 € | 1,672.28 € | -92.0 % |
| Apartment (3 bedrooms) Outside of Centre | 13,500.00 € | 1,278.12 € | -90.5 % |
Buy Apartment Price | Monaco Edit |
Germany Edit | |
| Price per Square Meter to Buy Apartment in City Centre | 66,400.00 € | 5,719.37 € | -91.4 % |
| Price per Square Meter to Buy Apartment Outside of Centre | 53,000.00 € | 4,581.09 € | -91.4 % |
Salaries And Financing | Monaco Edit |
Germany Edit | |
| Average Monthly Net Salary (After Tax) | 7,310.86 € | 2,808.51 € | -61.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 2.92 | 3.98 | +36.1 % |
| Last update: | May 2024 | October 2024 | |
| Contributors in the past 12 months: | 20 | 3828 |
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