Cost of Living Comparison Between South Africa and Monaco 
| Indices Difference |  |
|---|---|
| Cost of Living in Monaco is 236.8% higher than in South Africa (without rent) | |
| Cost of Living Including Rent in Monaco is 646.7% higher than in South Africa | |
| Rent Prices in Monaco are 1,971.1% higher than in South Africa | |
| Restaurant Prices in Monaco are 262.4% higher than in South Africa | |
| Groceries Prices in Monaco are 233.7% higher than in South Africa | |
| Local Purchasing Power in Monaco is 22.7% lower than in South Africa | |
Restaurants | South Africa Edit |
Monaco Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
150.00 R (7.60 €) |
542.52 R (27.50 €) |
+261.7 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
700.00 R (35.48 €) |
2,663.27 R (135.00 €) |
+280.5 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
85.00 R (4.31 €) |
212.08 R (10.75 €) |
+149.5 % |
| Domestic Beer (1 pint draught) |
40.00 R (2.03 €) |
157.82 R (8.00 €) |
+294.6 % |
| Imported Beer (12 oz small bottle) |
43.50 R (2.20 €) |
180.05 R (9.13 €) |
+313.9 % |
| Cappuccino (regular) |
34.38 R (1.74 €) |
74.54 R (3.78 €) |
+116.8 % |
| Coke/Pepsi (12 oz small bottle) |
17.09 R (0.87 €) |
94.19 R (4.77 €) |
+451.3 % |
| Water (12 oz small bottle) |
13.04 R (0.66 €) |
135.44 R (6.87 €) |
+938.8 % |
Markets | South Africa Edit |
Monaco Edit | |
| Milk (regular), (1 gallon) |
71.57 R (3.63 €) |
174.25 R (8.83 €) |
+143.5 % |
| Loaf of Fresh White Bread (1 lb) |
15.71 R (0.80 €) |
75.17 R (3.81 €) |
+378.6 % |
| Rice (white), (1 lb) |
12.25 R (0.62 €) |
27.63 R (1.40 €) |
+125.5 % |
| Eggs (regular) (12) |
39.44 R (2.00 €) |
78.71 R (3.99 €) |
+99.6 % |
| Local Cheese (1 lb) |
58.92 R (2.99 €) |
178.97 R (9.07 €) |
+203.8 % |
| Chicken Fillets (1 lb) |
36.61 R (1.86 €) |
134.00 R (6.79 €) |
+266.0 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
53.72 R (2.72 €) |
178.97 R (9.07 €) |
+233.1 % |
| Apples (1 lb) |
11.95 R (0.61 €) |
30.42 R (1.54 €) |
+154.7 % |
| Banana (1 lb) |
11.48 R (0.58 €) |
51.45 R (2.61 €) |
+348.2 % |
| Oranges (1 lb) |
11.21 R (0.57 €) |
26.33 R (1.33 €) |
+135.0 % |
| Tomato (1 lb) |
12.10 R (0.61 €) |
36.97 R (1.87 €) |
+205.7 % |
| Potato (1 lb) |
9.56 R (0.48 €) |
32.08 R (1.63 €) |
+235.5 % |
| Onion (1 lb) |
11.08 R (0.56 €) |
32.86 R (1.67 €) |
+196.6 % |
| Lettuce (1 head) |
18.28 R (0.93 €) |
48.10 R (2.44 €) |
+163.1 % |
| Water (1.5 liter bottle) |
16.64 R (0.84 €) |
105.22 R (5.33 €) |
+532.3 % |
| Bottle of Wine (Mid-Range) |
80.00 R (4.06 €) |
266.33 R (13.50 €) |
+232.9 % |
| Domestic Beer (0.5 liter bottle) |
22.97 R (1.16 €) |
38.34 R (1.94 €) |
+66.9 % |
| Imported Beer (12 oz small bottle) |
29.32 R (1.49 €) |
85.22 R (4.32 €) |
+190.7 % |
| Cigarettes 20 Pack (Marlboro) |
51.00 R (2.59 €) |
246.60 R (12.50 €) |
+383.5 % |
Transportation | South Africa Edit |
Monaco Edit | |
| One-way Ticket (Local Transport) |
30.00 R (1.52 €) |
39.46 R (2.00 €) |
+31.5 % |
| Monthly Pass (Regular Price) |
800.00 R (40.55 €) |
434.02 R (22.00 €) |
-45.7 % |
| Taxi Start (Normal Tariff) |
20.00 R (1.01 €) |
114.42 R (5.80 €) |
+472.1 % |
| Taxi 1 mile (Normal Tariff) |
32.19 R (1.63 €) |
53.97 R (2.74 €) |
+67.7 % |
| Taxi 1hour Waiting (Normal Tariff) |
85.00 R (4.31 €) |
1,775.52 R (90.00 €) |
+1,988.8 % |
| Gasoline (1 gallon) |
88.38 R (4.48 €) |
156.82 R (7.95 €) |
+77.4 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
350,000.00 R (17,741.32 €) |
955,967.63 R (48,457.50 €) |
+173.1 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
408,388.74 R (20,701.01 €) |
891,480.22 R (45,188.67 €) |
+118.3 % |
Utilities (Monthly) | South Africa Edit |
Monaco Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
1,922.48 R (97.45 €) |
6,530.93 R (331.05 €) |
+239.7 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
589.69 R (29.89 €) |
1,025.85 R (52.00 €) |
+74.0 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
759.10 R (38.48 €) |
1,353.34 R (68.60 €) |
+78.3 % |
Sports And Leisure | South Africa Edit |
Monaco Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
561.13 R (28.44 €) |
6,608.87 R (335.00 €) |
+1,077.8 % |
| Tennis Court Rent (1 Hour on Weekend) |
167.43 R (8.49 €) |
937.08 R (47.50 €) |
+459.7 % |
| Cinema, International Release, 1 Seat |
119.00 R (6.03 €) |
236.74 R (12.00 €) |
+98.9 % |
Childcare | South Africa Edit |
Monaco Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
3,452.66 R (175.01 €) |
58,526.28 R (2,966.67 €) |
+1,595.1 % |
| International Primary School, Yearly for 1 Child |
78,808.40 R (3,994.76 €) |
609,100.77 R (30,875.00 €) |
+672.9 % |
Clothing And Shoes | South Africa Edit |
Monaco Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
828.55 R (42.00 €) |
2,604.09 R (132.00 €) |
+214.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
537.90 R (27.27 €) |
1,190.25 R (60.33 €) |
+121.3 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
1,532.39 R (77.68 €) |
3,417.87 R (173.25 €) |
+123.0 % |
| 1 Pair of Men Leather Business Shoes |
1,411.07 R (71.53 €) |
11,521.13 R (584.00 €) |
+716.5 % |
Rent Per Month | South Africa Edit |
Monaco Edit | |
| Apartment (1 bedroom) in City Centre |
8,181.60 R (414.72 €) |
117,153.95 R (5,938.47 €) |
+1,331.9 % |
| Apartment (1 bedroom) Outside of Centre |
6,350.94 R (321.93 €) |
87,116.10 R (4,415.87 €) |
+1,271.7 % |
| Apartment (3 bedrooms) in City Centre |
15,859.02 R (803.89 €) |
411,821.17 R (20,875.00 €) |
+2,496.8 % |
| Apartment (3 bedrooms) Outside of Centre |
12,214.36 R (619.14 €) |
266,327.46 R (13,500.00 €) |
+2,080.4 % |
Buy Apartment Price | South Africa Edit |
Monaco Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,737.71 R (88.08 €) |
130,432.29 R (6,611.54 €) |
+7,406.0 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,354.33 R (68.65 €) |
110,271.80 R (5,589.62 €) |
+8,042.2 % |
Salaries And Financing | South Africa Edit |
Monaco Edit | |
| Average Monthly Net Salary (After Tax) |
24,329.28 R (1,233.24 €) |
140,396.49 R (7,116.62 €) |
+477.1 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 11.38 | 2.92 | -74.3 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 857 | 21 |
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