Cost of Living in Monaco

Summary of cost of living in Monaco:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 25.00 € 15.00-50.00
Meal for 2 People, Mid-range Restaurant, Three-course 140.00 € 100.00-250.00
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 € 8.99-11.90
Domestic Beer (1 pint draught) 7.00 € 4.00-10.00
Imported Beer (12 oz small bottle) 9.49 € 8.00-12.00
Cappuccino (regular) 4.02 € 2.33-8.42
Coke/Pepsi (12 oz small bottle) 4.77 € 3.00-8.31
Water (12 oz small bottle) 6.43 € 4.00-9.00
Markets
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Milk (regular), (1 gallon) 8.52 € 5.68-11.36
Loaf of Fresh White Bread (1 lb) 2.65 € 1.81-6.35
Rice (white), (1 lb) 1.30 € 0.91-2.27
Eggs (regular) (12) 3.58 € 2.40-6.70
Local Cheese (1 lb) 8.85 € 6.35-11.34
Chicken Fillets (1 lb) 5.67 € 4.54-9.03
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.07 € 6.80-11.34
Apples (1 lb) 1.13 € 0.45-2.27
Banana (1 lb) 2.12 € 0.91-3.18
Oranges (1 lb) 0.83 € 0.45-1.13
Tomato (1 lb) 1.64 € 0.91-2.72
Potato (1 lb) 1.19 € 0.45-2.27
Onion (1 lb) 1.21 € 0.45-2.27
Lettuce (1 head) 1.75 € 0.99-4.00
Water (1.5 liter bottle) 2.71 € 1.00-5.00
Bottle of Wine (Mid-Range) 14.00 € 10.00-30.00
Domestic Beer (0.5 liter bottle) 2.00 €
Imported Beer (12 oz small bottle) 4.00 € 2.00-5.00
Cigarettes 20 Pack (Marlboro) 10.00 € 10.00-15.00
Transportation
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One-way Ticket (Local Transport) 2.00 € 1.50-3.00
Monthly Pass (Regular Price) 50.00 € 22.00-50.00
Taxi Start (Normal Tariff) 3.00 € 3.00-6.60
Taxi 1 mile (Normal Tariff) 2.74 €
Taxi 1hour Waiting (Normal Tariff) 100.00 € 60.00-100.00
Gasoline (1 gallon) 7.21 € 4.20-9.08
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 20,000.00 €
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 21,000.00 €
Utilities (Monthly)
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Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 246.89 € 100.00-500.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.10 €
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 93.00 € 50.00-150.00
Sports And Leisure
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Fitness Club, Monthly Fee for 1 Adult 575.00 € 58.33-1,200.00
Tennis Court Rent (1 Hour on Weekend) 38.33 € 20.00-50.00
Cinema, International Release, 1 Seat 12.00 € 10.00-12.00
Childcare
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Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 2,850.00 € 2,500.00-3,200.00
International Primary School, Yearly for 1 Child 29,333.33 € 16,000.00-48,000.00
Clothing And Shoes
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1 Pair of Jeans (Levis 501 Or Similar) 123.60 € 25.00-200.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 40.33 € 30.00-49.00
1 Pair of Nike Running Shoes (Mid-Range) 139.00 € 100.00-175.00
1 Pair of Men Leather Business Shoes 438.00 € 175.00-800.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 5,891.35 € 2,500.00-10,000.00
Apartment (1 bedroom) Outside of Centre 4,196.40 € 2,500.00-10,000.00
Apartment (3 bedrooms) in City Centre 21,875.00 € 8,000.00-50,000.00
Apartment (3 bedrooms) Outside of Centre 10,533.33 € 3,200.00-17,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 6,816.70 € 4,645.11-9,290.23
Price per Square Feet to Buy Apartment Outside of Centre 5,260.59 € 4,180.60-6,967.67
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 5,391.25 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.38 2.27-2.50

Prices in Monaco

This country had 124 entries in the past 12 months by 22 different contributors.
Last update: May 2023
Our data for each country are based on all entries from all cities in that country.
Sources and References
Distribution of Expenses Using Our Statistical Model:
  
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