Cost of Living Comparison Between Monaco and Germany 
| Indices Difference |  |
|---|---|
| Consumer Prices in Germany are 46.5% lower than in Monaco (without rent) | |
| Consumer Prices Including Rent in Germany are 74.7% lower than in Monaco | |
| Rent Prices in Germany are 89.7% lower than in Monaco | |
| Restaurant Prices in Germany are 49.7% lower than in Monaco | |
| Groceries Prices in Germany are 38.6% lower than in Monaco | |
| Local Purchasing Power in Germany is 57.2% higher than in Monaco | |
Restaurants | Monaco Edit |
Germany Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 27.50 € | 13.00 € | -52.7 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 135.00 € | 60.00 € | -55.6 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 10.75 € | 10.00 € | -7.0 % |
| 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 € | 3.33 € | -11.9 % |
| Coke/Pepsi (12 oz small bottle) | 4.77 € | 2.70 € | -43.4 % |
| Water (12 oz small bottle) | 6.87 € | 2.41 € | -64.9 % |
Markets | Monaco Edit |
Germany Edit | |
| Milk (regular), (1 gallon) | 8.20 € | 3.95 € | -51.9 % |
| Loaf of Fresh White Bread (1 lb) | 3.63 € | 1.78 € | -50.9 % |
| Rice (white), (1 lb) | 1.85 € | 1.24 € | -32.9 % |
| Eggs (regular) (12) | 3.99 € | 3.33 € | -16.6 % |
| Local Cheese (1 lb) | 9.07 € | 5.69 € | -37.2 % |
| Chicken Fillets (1 lb) | 6.79 € | 6.67 € | -1.8 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 9.07 € | 7.31 € | -19.5 % |
| Apples (1 lb) | 1.59 € | 1.19 € | -25.3 % |
| Banana (1 lb) | 3.02 € | 0.60 € | -80.2 % |
| Oranges (1 lb) | 1.33 € | 0.92 € | -30.6 % |
| Tomato (1 lb) | 1.98 € | 1.37 € | -30.7 % |
| Potato (1 lb) | 1.63 € | 0.67 € | -58.6 % |
| Onion (1 lb) | 1.67 € | 0.72 € | -56.7 % |
| Lettuce (1 head) | 2.55 € | 1.86 € | -27.1 % |
| Water (1.5 liter bottle) | 5.33 € | 0.85 € | -84.1 % |
| Bottle of Wine (Mid-Range) | 13.50 € | 5.99 € | -55.6 % |
| Domestic Beer (0.5 liter bottle) | 1.94 € | 0.86 € | -55.9 % |
| Imported Beer (12 oz small bottle) | 4.32 € | 1.44 € | -66.7 % |
| 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 € | 4.40 € | -24.1 % |
| 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 € | 6.63 € | -16.6 % |
| 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 € | 27,735.07 € | -38.6 % |
Utilities (Monthly) | Monaco Edit |
Germany Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 331.05 € | 290.91 € | -12.1 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 52.00 € | 19.00 € | -63.5 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 68.60 € | 46.02 € | -32.9 % |
Sports And Leisure | Monaco Edit |
Germany Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 335.00 € | 33.72 € | -89.9 % |
| Tennis Court Rent (1 Hour on Weekend) | 47.50 € | 20.27 € | -57.3 % |
| 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 € | 399.03 € | -86.5 % |
| International Primary School, Yearly for 1 Child | 30,875.00 € | 12,100.27 € | -60.8 % |
Clothing And Shoes | Monaco Edit |
Germany Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 132.00 € | 78.19 € | -40.8 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 60.33 € | 36.91 € | -38.8 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 173.25 € | 84.20 € | -51.4 % |
| 1 Pair of Men Leather Business Shoes | 584.00 € | 111.33 € | -80.9 % |
Rent Per Month | Monaco Edit |
Germany Edit | |
| Apartment (1 bedroom) in City Centre | 5,938.47 € | 918.90 € | -84.5 % |
| Apartment (1 bedroom) Outside of Centre | 4,415.87 € | 698.17 € | -84.2 % |
| Apartment (3 bedrooms) in City Centre | 20,875.00 € | 1,707.14 € | -91.8 % |
| Apartment (3 bedrooms) Outside of Centre | 13,500.00 € | 1,295.97 € | -90.4 % |
Buy Apartment Price | Monaco Edit |
Germany Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 6,611.54 € | 541.16 € | -91.8 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 5,589.62 € | 437.94 € | -92.2 % |
Salaries And Financing | Monaco Edit |
Germany Edit | |
| Average Monthly Net Salary (After Tax) | 7,116.62 € | 2,826.37 € | -60.3 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 2.92 | 3.98 | +36.1 % |
| Last update: | April 2024 | May 2024 | |
| Contributors in the past 12 months: | 20 | 3276 |
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