Cost of Living in Monaco

Summary of cost of living in Monaco:

The estimated monthly costs for a family of four are $7,444.0 (€6,354.2), excluding rent.
The estimated monthly costs for a single person are $2,053.7 (€1,753.0), excluding rent.
Cost of living in Monaco is, on average, 119.6% higher than in United States.
Rent in Monaco is, on average, 345.6% higher than in United States.

Restaurants	Edit	Range
Meal at an Inexpensive Restaurant	$29.29	17.57-58.58
Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks)	$175.73	140.58-257.73
Combo Meal at McDonald's (or Equivalent Fast-Food Meal)	$13.18	11.72-13.94
Domestic Draft Beer (1 Pint)	$10.54	5.27-11.72
Imported Beer (12 oz Small Bottle)	$9.43	6.44-14.06
Cappuccino (Regular Size)	$4.48	2.58-9.37
Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle)	$6.16	4.10-8.20
Bottled Water (12 oz)	$8.09	4.69-14.06

Markets	Edit
Milk (Regular, 1 Liter)	$1.98	1.34-2.34
Fresh White Bread (1 lb Loaf)	$4.35	1.59-6.38
White Rice (1 lb)	$1.74	1.06-3.19
Eggs (12, Large Size)	$5.26	4.08-5.86
Local Cheese (1 lb)	$6.48	3.51-7.97
Chicken Fillets (1 lb)	$8.93	5.09-10.63
Beef Round or Equivalent Back Leg Red Meat (1 lb)	$10.55	4.78-10.63
Apples (1 lb)	$1.81	0.88-3.19
Bananas (1 lb)	$2.83	1.06-4.25
Oranges (1 lb)	$1.73	0.93-2.27
Tomatoes (1 lb)	$2.83	1.59-4.78
Potatoes (1 lb)	$2.19	1.06-2.66
Onions (1 lb)	$2.30	1.06-2.66
Lettuce (1 Head)	$3.75	1.39-7.03
Bottled Water (50 oz)	$7.03	2.34-10.54
Bottle of Wine (Mid-Range)	$11.13	5.86-17.57
Domestic Beer (16.9 oz Bottle)	$2.00	1.17-2.99
Imported Beer (12 oz Small Bottle)	$4.66	4.64-4.69
Cigarettes (Pack of 20, Marlboro)	$14.64	9.37-17.57

Transportation	Edit
One-Way Ticket (Local Transport)	$2.17	1.76-2.34
Monthly Public Transport Pass (Regular Price)	$25.77	23.43-58.58
Taxi Start (Standard Tariff)	$5.86
Taxi 1 mile (Standard Tariff)	$3.21	2.64-3.77
Taxi 1 Hour Waiting (Standard Tariff)	$105.44	93.72-117.15
Gasoline (1 Liter)	$2.42	1.94-2.50
Volkswagen Golf 1.5 (or Equivalent New Compact Car)	$56,768.46	56,648.38-56,888.54
Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car)	$52,938.99	45,180.47-52,938.99

Utilities (Monthly)	Edit
Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage)	$408.47	219.07-597.47
Mobile Phone Plan (Monthly, with Calls and 10GB+ Data)	$55.06	35.15-65.60
Broadband Internet (Unlimited Data, 60 Mbps or Higher)	$68.65	57.40-117.15

Sports And Leisure	Edit
Monthly Fitness Club Membership	$346.57	117.15-585.76
Tennis Court Rental (1 Hour, Weekend)	$45.40	23.43-58.58
Cinema Ticket (International Release)	$14.06	11.72-18.74

Childcare	Edit
Private Full-Day Preschool or Kindergarten, Monthly Fee per Child	$2,772.57	820.06-3,748.83
International Primary School, Annual Tuition per Child	$36,170.38	28,116.25-70,290.62

Clothing And Shoes	Edit
Jeans (Levi's 501 or Similar)	$206.19	87.86-234.30
Summer Dress in a Chain Store (e.g. Zara or H&M)	$85.52	57.40-117.15
Nike Running Shoes (Mid-Range)	$204.23	117.15-233.13
Men's Leather Business Shoes	$604.89	292.88-937.21

Rent Per Month	Edit
1 Bedroom Apartment in City Centre	$7,907.69	2,928.78-15,229.63
1 Bedroom Apartment Outside of City Centre	$6,259.18	2,343.02-12,797.58
3 Bedroom Apartment in City Centre	$11,051.25	4,451.74-16,986.90
3 Bedroom Apartment Outside of City Centre	$9,762.59	7,029.06-11,715.10

Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	$6,471.95	2,698.18-9,795.24
Price per Square Feet to Buy Apartment Outside of Centre	$5,387.38	4,571.11-8,162.70

Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	$9,621.94
Annual Mortgage Interest Rate (20-Year Fixed, in %)	2.83	2.00-4.00

Prices in Monaco

This country had 59 entries in the past 12 months by 14 different contributors.
Last update: 4 May 2026
Our data for each country are based on all entries from all cities in that country.

Sources and References