Denmark vs Monaco - Cost of Living Comparison

Updated:

Livingcost

Denmark Monaco
🚶 Cost of living one person
$2020
$7366
👨‍👩‍👧‍👦 Cost of living Family
$4729
$11533
🏠 One person rent
$1084
$6380
🏘️ Family rent
$1936
$7892
🍽️ Food expenses
$636
$713
🚐 Transport expenses
$124
$58.8
💳 Monthly salary after tax
$3875
$6642
💸 GDP per capita
$67967
$241K
😃 Human freedom index
8.83
8.7
❤️ Life expectancy
81.3
89.7
👮 Corruption perceptions index
90
82
🌐 English speaking %
86.1%
40%
🎓 Higher education
97
42
😀 Quality of life
95
86
🏙️ Population
5.83M
38.4K

The average cost of living in Denmark ($2020) is 73% less expensive than in Monaco ($7366). Denmark ranked 17th vs 1st for Monaco in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 1.9 months in Denmark compared to 0.9 months in Monaco. Ranked 2nd and 21st best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Denmark vs Monaco infographic

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Prices in Denmark vs Monaco

We calculate prices for Denmark and Monaco as a population-weighted mean of 27 and 2 cities, respectively. Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information.

Denmark Monaco
Eating Out
🍱 Lunch Menu
$21.3
$21.8
🥂 Dinner in a Restaurant, for 2
$102
$90.2
🥪 Fast food meal, equiv. McDonald's
$13.9
$12.2
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$7.84
$9.21
 Cappuccino
$6.08
$5.33
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$4.02
$4.84
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1127
$6695
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$859
$5958
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2123
$6813
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1583
$7685
🔌 Utility Bill one person, electricity, heating, water, etc.
$134
$195
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$207
$302
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$37.8
$79.4
🏦 Mortgage Interest Rate for 20 Years
4.14%
2.64%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$5886
$80111
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$4166
$66091
Transportation
🚌 Local transport ticket
$3.49
$2.16
🎟️ Monthly ticket local transport
$87.6
$28.3
🚕 Taxi Ride, 8 km or 5 mi
$26.4
$21.8
 Gas / Petrol, 1 L or 0.26 gal
$2.11
$2.37
Groceries
🥛 Milk, 1 L or 1 qt
$2.04
$2.18
🍞 Bread, 0.5 kg or 1.1 lb
$3.13
$5.32
🍚 Rice, 1 kg or 2.2 lb
$2.37
$4.03
🥚 Eggs, x12
$4.79
$4.25
🧀 Cheese, 1 kg or 2.2 lb
$12.5
$16.6
🐔 Chicken Breast, 1 kg or 2.2 lb
$11.3
$13.1
🥩 Round Steak, 1 kg or 2.2 lb
$16.3
$16.7
🍏 Apples, 1 kg or 2.2 lb
$3.05
$3.56
🍌 Banana, 1 kg or 2.2 lb
$3.21
$2.78
🍊 Oranges, 1 kg or 2.2 lb
$3.32
$3.37
🍅 Tomato, 1 kg or 2.2 lb
$4.52
$4.1
🥔 Potato, 1 kg or 2.2 lb
$2.11
$2.15
🧅 Onion, 1 kg or 2.2 lb
$1.87
$3.33
🌊 Water, 1 L or 1 qt
$0.92
$1
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$3.03
$3.76
🍾 Wine (mid-priced), 750 mL bottle
$9.98
$14
🍺 Beer, 0.5 L or 16 fl oz
$1.89
$1.87
🚬 Cigarette pack
$9.18
$13.1
💊 Cold medicince, 1 week
$8.38
$17.4
🧴 Hair Shampoo
$3.97
$11
🧻 Toilet paper, 4 rolls
$2.33
$3.36
👄 Toothpaste, 1 tube
$2.23
$5.95
Other
🏋️ Gym Membership, 1 month
$42.6
$84.2
🎫 Cinema Ticket, 1 person
$18.5
$14.6
👩‍⚕️ Doctor's visit
$70.9
$86.5
💇 Haircut, simple
$27.4
$37.5
👖 Brand Jeans
$110
$103
👟 Brand Sneakers
$114
$192
👶 Daycare or Preschool, 1 month
$555
$2163
🏫 International Primary School, 1 year
$8524
$36628

Cost of living in other countries

Cost of living

Cities Comparison in Denmark vs Monaco

More countries to compare

Cost of Living in Popular cities

In Denmark

City Cost of living Population
Copenhagen
$2483
644K
Aarhus
$1966
291K
Esbjerg
$1590
115K
Odense
$2046
177K
Frederiksberg
$2378
105K
Aalborg
$1842
113K
Gentofte
$2203
75.8K
Naestved
$1864
45K
Vejle
$1636
61.3K
Randers
$1618
62.8K
Herning
$1690
44.6K
Silkeborg
$1654
50.9K
Kolding
$1476
58.8K
Horsholm
$2006
47.5K
Roskilde
$1867
50K
Holstebro
$1584
37.2K
Horsens
$1499
59.4K
Hillerod
$2088
36K
Fredericia
$1608
41.2K
Helsingor
$1713
47.4K
Viborg
$1565
41.1K
Frederikshavn
$1507
23.5K
Sonderborg
$1502
27.6K
Svendborg
$1688
27.2K
Nuuk
$2125
18.3K
Haderslev
$1536
22.2K
Torshavn
$1913
13.3K

In Monaco

City Cost of living Population
Monaco City
$7469
38.4K
Monte Carlo
$7107
15.2K