Denmark vs Monaco - Cost of Living Comparison

Updated:

Livingcost

Denmark Monaco
🚶 Cost of living one person
$1909
$5758
👨‍👩‍👧‍👦 Cost of living Family
$4506
$10538
🏠 One person rent
$1022
$4773
🏘️ Family rent
$1881
$6720
🍽️ Food expenses
$607
$713
🚐 Transport expenses
$115
$62.7
💳 Monthly salary after tax
$3620
$5795
💸 GDP per capita
$67790
$241K
😃 Human freedom index
8.83
8.7
❤️ Life expectancy
81.4
89.7
👮 Corruption perceptions index
90
82
🌐 English speaking %
86.1%
40%
🎓 Higher education
97
43
😀 Quality of life
96
87
🏙️ Population
5.83M
38.4K

The average cost of living in Denmark ($1909) is 67% less expensive than in Monaco ($5758). Denmark ranked 19th 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 1 months in Monaco. Ranked 3rd and 22nd 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
$19.3
$27
🥂 Dinner in a Restaurant, for 2
$97
$87.7
🥪 Fast food meal, equiv. McDonald's
$13.2
$11.2
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$7.54
$8.01
 Cappuccino
$5.74
$4.49
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.88
$5.18
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1082
$5887
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$792
$4205
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2043
$7593
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1532
$6108
🔌 Utility Bill one person, electricity, heating, water, etc.
$139
$154
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$213
$237
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$33.3
$77.6
🏦 Mortgage Interest Rate for 20 Years
3.84%
2.26%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$5528
$83078
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$3960
$55892
Transportation
🚌 Local transport ticket
$3.4
$2.07
🎟️ Monthly ticket local transport
$76.8
$36.4
🚕 Taxi Ride, 8 km or 5 mi
$24.9
$23.3
 Gas / Petrol, 1 L or 0.26 gal
$2.05
$2.17
Groceries
🥛 Milk, 1 L or 1 qt
$1.97
$2.12
🍞 Bread, 0.5 kg or 1.1 lb
$3.15
$3.98
🍚 Rice, 1 kg or 2.2 lb
$2.35
$3.82
🥚 Eggs, x12
$4.47
$4.13
🧀 Cheese, 1 kg or 2.2 lb
$12.3
$16.1
🐔 Chicken Breast, 1 kg or 2.2 lb
$11.5
$13.5
🥩 Round Steak, 1 kg or 2.2 lb
$18.3
$18.4
🍏 Apples, 1 kg or 2.2 lb
$2.95
$3.53
🍌 Banana, 1 kg or 2.2 lb
$2.99
$2.16
🍊 Oranges, 1 kg or 2.2 lb
$3.17
$3.03
🍅 Tomato, 1 kg or 2.2 lb
$4.14
$4.54
🥔 Potato, 1 kg or 2.2 lb
$1.98
$1.87
🧅 Onion, 1 kg or 2.2 lb
$1.73
$3.22
🌊 Water, 1 L or 1 qt
$0.93
$0.98
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$3.08
$3.64
🍾 Wine (mid-priced), 750 mL bottle
$9.69
$15.9
🍺 Beer, 0.5 L or 16 fl oz
$1.83
$2.19
🚬 Cigarette pack
$8.6
$11.3
💊 Cold medicince, 1 week
$7.06
$13.3
🧴 Hair Shampoo
$3.7
$8.82
🧻 Toilet paper, 4 rolls
$2.25
$8.82
👄 Toothpaste, 1 tube
$2.25
$2.78
Other
🏋️ Gym Membership, 1 month
$39.5
$82.6
🎫 Cinema Ticket, 1 person
$17.4
$13.9
👩‍⚕️ Doctor's visit
$68.7
$85.3
💇 Haircut, simple
$26.5
$41.6
👖 Brand Jeans
$102
$115
👟 Brand Sneakers
$104
$154
👶 Daycare or Preschool, 1 month
$503
$2908
🏫 International Primary School, 1 year
$6628
$38927

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
$2367
644K
Aarhus
$1888
285K
Odense
$1958
177K
Esbjerg
$1470
115K
Frederiksberg
$1997
105K
Aalborg
$1715
113K
Gentofte
$2002
75.8K
Naestved
$1638
41.9K
Randers
$1575
62.8K
Herning
$1595
44.6K
Vejle
$1602
56.6K
Roskilde
$1777
50K
Kolding
$1414
58.8K
Horsholm
$1876
47.5K
Holstebro
$1415
35.4K
Horsens
$1466
59.4K
Silkeborg
$1500
44.3K
Hillerod
$1972
36K
Helsingor
$1639
47.4K
Fredericia
$1576
39.9K
Viborg
$1508
41.1K
Frederikshavn
$1406
23.5K
Svendborg
$1566
27.2K
Sonderborg
$1390
27.6K
Nuuk
$2171
18.3K
Haderslev
$1587
22K
Torshavn
$1938
13.3K

In Monaco

City Cost of living Population
Monaco City
$6181
38.4K
Monte Carlo
$4692
15.2K