Cost of Living in Monaco

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Restaurants
Edit Range
Meal, Inexpensive Restaurant 24.00 € 15.00-35.00
Meal for 2 People, Mid-range Restaurant, Three-course 175.00 € 120.00-220.00
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 € 8.00-11.90
Domestic Beer (1 pint draught) 7.50 € 4.50-12.00
Imported Beer (12 oz small bottle) 8.05 € 6.00-12.00
Cappuccino (regular) 4.55 € 2.33-8.00
Coke/Pepsi (12 oz small bottle) 4.70 € 3.00-5.90
Water (12 oz small bottle) 6.61 € 4.21-9.00
Markets
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Milk (regular), (1 gallon) 5.68 €
Loaf of Fresh White Bread (1 lb) 3.59 € 2.14-6.35
Rice (white), (1 lb) 1.56 € 1.13-2.27
Eggs (regular) (12) 3.32 € 2.40-4.56
Local Cheese (1 lb) 6.80 €
Chicken Fillets (1 lb) 4.44 € 4.35-4.54
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5.44 € 4.08-6.80
Apples (1 lb) 0.85 € 0.75-0.91
Banana (1 lb) 0.91 €
Oranges (1 lb) 0.94 € 0.79-1.13
Tomato (1 lb) 1.78 € 0.91-2.72
Potato (1 lb) 0.88 € 0.68-1.06
Onion (1 lb) 1.36 € 0.91-1.81
Lettuce (1 head) 1.39 € 0.99-2.00
Water (1.5 liter bottle) 1.35 €
Bottle of Wine (Mid-Range) 8.50 € 5.00-12.00
Domestic Beer (0.5 liter bottle) 1.64 € 1.50-1.78
Imported Beer (12 oz small bottle) 4.48 € 3.96-5.00
Cigarettes 20 Pack (Marlboro) 12.50 € 10.00-15.00
Transportation
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One-way Ticket (Local Transport) 2.00 € 2.00-2.00
Monthly Pass (Regular Price) 22.00 € 22.00-22.00
Taxi Start (Normal Tariff) 6.60 €
Taxi 1 mile (Normal Tariff) 2.49 € 2.25-2.74
Taxi 1hour Waiting (Normal Tariff) 80.00 €
Gasoline (1 gallon) 7.97 € 7.57-8.06
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 43,177.50 € 38,000.00-48,355.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 34,875.00 € 30,750.00-39,000.00
Utilities (Monthly)
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Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 286.78 € 235.34-325.00
Mobile Phone Monthly Plan with Calls and 10GB+ Data 41.00 € 32.00-50.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 57.00 € 49.00-72.00
Sports And Leisure
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Fitness Club, Monthly Fee for 1 Adult 481.25 € 58.33-1,200.00
Tennis Court Rent (1 Hour on Weekend) 46.67 € 40.00-45.00
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 1,950.00 € 700.00-3,200.00
International Primary School, Yearly for 1 Child 39,875.00 € 25,200.00-60,000.00
Clothing And Shoes
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1 Pair of Jeans (Levis 501 Or Similar) 150.33 € 75.00-179.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 60.33 € 30.00-100.00
1 Pair of Nike Running Shoes (Mid-Range) 172.67 € 100.00-199.00
1 Pair of Men Leather Business Shoes 584.00 € 453.00-800.00
Rent Per Month
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Apartment (1 bedroom) in City Centre 7,543.61 € 4,500.00-13,000.00
Apartment (1 bedroom) Outside of Centre 6,000.00 € 2,000.00-12,500.00
Apartment (3 bedrooms) in City Centre 27,833.33 € 9,000.00-60,000.00
Apartment (3 bedrooms) Outside of Centre 7,000.00 € 6,000.00-8,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 6,549.61 € 4,830.92-8,361.20
Price per Square Feet to Buy Apartment Outside of Centre 4,668.34 € 4,180.60-9,290.23
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,735.56 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.92 2.27-4.00

Prices in Monaco

This city had 102 entries in the past 12 months by 11 different contributors.
Last update: March 2024
Sources and References
Distribution of Expenses Using Our Statistical Model:
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1 Comments so far
Deborah Harper on Mar 15, 2024:
I chaperoned a group of students to Monaco for an event, so I wasn't familiar with bus routes and I had an injured hip. I ended up having to call for a cab, (you cannot hail a cab) they charged me 40 euros each ride for one person. When I asked for a receipt, they were not able to give me one.