Cost of Living in Monaco
Summary of cost of living in Monaco:
- The estimated monthly costs for a family of four are $7,417.2 (€6,411.0), excluding rent.
- The estimated monthly costs for a single person are $2,045.6 (€1,768.1), excluding rent.
- Cost of living in Monaco is, on average, 119.1% higher than in United States.
- Rent in Monaco is, on average, 341.3% higher than in United States.
Restaurants |  Edit |
Range |
|---|---|---|
| Meal at an Inexpensive Restaurant | €25.00 | |
| Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) | €150.00 | |
| Combo Meal at McDonald's (or Equivalent Fast-Food Meal) | €11.25 | |
| Domestic Draft Beer (1 Pint) | €9.00 | |
| Imported Beer (12 oz Small Bottle) | €8.10 | |
| Cappuccino (Regular Size) | €3.83 | |
| Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle) | €5.26 | |
| Bottled Water (12 oz) | €6.91 | |
Markets | Edit |
|
| Milk (Regular, 1 Liter) | €1.69 | |
| Fresh White Bread (1 lb Loaf) | €3.71 | |
| White Rice (1 lb) | €1.48 | |
| Eggs (12, Large Size) | €4.49 | |
| Local Cheese (1 lb) | €5.53 | |
| Chicken Fillets (1 lb) | €7.62 | |
| Beef Round or Equivalent Back Leg Red Meat (1 lb) | €9.01 | |
| Apples (1 lb) | €1.54 | |
| Bananas (1 lb) | €2.42 | |
| Oranges (1 lb) | €1.48 | |
| Tomatoes (1 lb) | €2.41 | |
| Potatoes (1 lb) | €1.87 | |
| Onions (1 lb) | €1.96 | |
| Lettuce (1 Head) | €3.20 | |
| Bottled Water (50 oz) | €6.00 | |
| Bottle of Wine (Mid-Range) | €9.50 | |
| Domestic Beer (16.9 oz Bottle) | €1.71 | |
| Imported Beer (12 oz Small Bottle) | €3.98 | |
| Cigarettes (Pack of 20, Marlboro) | €12.50 | |
Transportation | Edit |
|
| One-Way Ticket (Local Transport) | €2.00 | |
| Monthly Public Transport Pass (Regular Price) | €22.00 | |
| Taxi Start (Standard Tariff) | €5.00 | |
| Taxi 1 mile (Standard Tariff) | €2.74 | |
| Taxi 1 Hour Waiting (Standard Tariff) | €90.00 | |
| Gasoline (1 Liter) | €2.06 | |
| Volkswagen Golf 1.5 (or Equivalent New Compact Car) | €48,457.50 | |
| Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) | €45,188.67 | |
Utilities (Monthly) | Edit |
|
| Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage) | €348.67 | |
| Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) | €47.00 | |
| Broadband Internet (Unlimited Data, 60 Mbps or Higher) | €60.75 | |
Sports And Leisure | Edit |
|
| Monthly Fitness Club Membership | €305.83 | |
| Tennis Court Rental (1 Hour, Weekend) | €41.00 | |
| Cinema Ticket (International Release) | €12.00 | |
Childcare | Edit |
|
| Private Full-Day Preschool or Kindergarten, Monthly Fee per Child | €2,366.67 | |
| International Primary School, Annual Tuition per Child | €30,875.00 | |
Clothing And Shoes | Edit |
|
| Jeans (Levi's 501 or Similar) | €176.00 | |
| Summer Dress in a Chain Store (e.g. Zara or H&M) | €73.00 | |
| Nike Running Shoes (Mid-Range) | €174.33 | |
| Men's Leather Business Shoes | €516.33 | |
Rent Per Month | Edit |
|
| 1 Bedroom Apartment in City Centre | €6,750.00 | |
| 1 Bedroom Apartment Outside of City Centre | €5,342.83 | |
| 3 Bedroom Apartment in City Centre | €9,433.33 | |
| 3 Bedroom Apartment Outside of City Centre | €8,333.33 | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | €5,235.81 | |
| Price per Square Feet to Buy Apartment Outside of Centre | €5,202.53 | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | €8,213.28 | |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 2.83 | |
Prices in Monaco
This country had 63 entries in the past 12 months by 16 different contributors.
Last update: 8 June 2026
Our data for each country are based on all entries from all cities in that country.
Last update: 8 June 2026
Our data for each country are based on all entries from all cities in that country.
Sources and References
Moving to Monaco? Explore:
Distribution of Expenses Using Our Statistical Model:
Moving to Monaco? Explore:
This Page in Other Languages:
 DeutschLebenshaltungskosten in Monaco
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 PortuguêsCusto de Vida em Mônaco
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 ItalianoCosto della vita a Monaco
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 FrançaisCoût de la vie à Monaco
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 EspañolCoste de vida en Mónaco
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