Eritrea vs Monaco - Cost of Living Comparison

Updated:

Livingcost

Eritrea Monaco
🚶 Cost of living one person
$493
$6538
👨‍👩‍👧‍👦 Cost of living Family
$1219
$11488
🏠 One person rent
$211
$5568
🏘️ Family rent
$401
$7930
🍽️ Food expenses
$194
$702
🚐 Transport expenses
$40.5
$54.7
💳 Monthly salary after tax
$357
$5660
💸 GDP per capita
$644
$241K
😃 Human freedom index
4.8
8.7
❤️ Life expectancy
66.5
89.7
👮 Corruption perceptions index
21
82
🌐 English speaking %
0%
40%
🎓 Higher education
12
42
😀 Quality of life
11
86
🏙️ Population
3.5M
38.4K

The average cost of living in Eritrea ($493) is 92% less expensive than in Monaco ($6538). Eritrea ranked 181st 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 0.7 months in Eritrea compared to 0.9 months in Monaco. Ranked 188th and 22nd best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Eritrea vs Monaco infographic

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Prices in Eritrea vs Monaco

We calculate prices for Eritrea and Monaco as a population-weighted mean of 4 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.

Eritrea Monaco
Eating Out
🍱 Lunch Menu
$2.87
$25.9
🥂 Dinner in a Restaurant, for 2
$18.7
$87
🥪 Fast food meal, equiv. McDonald's
$4.2
$11
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.72
$8.6
 Cappuccino
$1.73
$4.63
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.46
$5.3
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$206
$6781
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$130
$4924
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$454
$7608
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$282
$7545
🔌 Utility Bill one person, electricity, heating, water, etc.
$36.9
$189
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$56.1
$290
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$28.5
$82.4
🏦 Mortgage Interest Rate for 20 Years
10.22%
2.67%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1456
$76573
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$777
$54389
Transportation
🚌 Local transport ticket
$0.3
$2.08
🎟️ Monthly ticket local transport
$12.6
$27.2
🚕 Taxi Ride, 8 km or 5 mi
$5.49
$19.8
 Gas / Petrol, 1 L or 0.26 gal
$1.05
$2.29
Groceries
🥛 Milk, 1 L or 1 qt
$1.11
$2.11
🍞 Bread, 0.5 kg or 1.1 lb
$0.64
$4.44
🍚 Rice, 1 kg or 2.2 lb
$1.01
$3.9
🥚 Eggs, x12
$1.47
$4.13
🧀 Cheese, 1 kg or 2.2 lb
$6.65
$16.3
🐔 Chicken Breast, 1 kg or 2.2 lb
$4.02
$12.7
🥩 Round Steak, 1 kg or 2.2 lb
$5.74
$16.3
🍏 Apples, 1 kg or 2.2 lb
$2.25
$3.08
🍌 Banana, 1 kg or 2.2 lb
$1.12
$2.15
🍊 Oranges, 1 kg or 2.2 lb
$1.59
$2.91
🍅 Tomato, 1 kg or 2.2 lb
$0.95
$5.01
🥔 Potato, 1 kg or 2.2 lb
$0.82
$2.11
🧅 Onion, 1 kg or 2.2 lb
$0.93
$3.21
🌊 Water, 1 L or 1 qt
$0.31
$0.97
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.14
$3.57
🍾 Wine (mid-priced), 750 mL bottle
$7.34
$13.4
🍺 Beer, 0.5 L or 16 fl oz
$1.42
$1.82
🚬 Cigarette pack
$2.76
$12.7
💊 Cold medicince, 1 week
$3.4
$13.3
🧴 Hair Shampoo
$2.92
$8.91
🧻 Toilet paper, 4 rolls
$1.57
$8.58
👄 Toothpaste, 1 tube
$1.25
$2.87
Other
🏋️ Gym Membership, 1 month
$21
$81.9
🎫 Cinema Ticket, 1 person
$4.13
$14.2
👩‍⚕️ Doctor's visit
$13.1
$83.7
💇 Haircut, simple
$4.01
$41.2
👖 Brand Jeans
$25.4
$114
👟 Brand Sneakers
$56.4
$175
👶 Daycare or Preschool, 1 month
$78.4
$2102
🏫 International Primary School, 1 year
$2759
$35691

Cost of living in other countries

Cost of living

Cities Comparison in Eritrea vs Monaco

More countries to compare

Cost of Living in Popular cities

In Eritrea

City Cost of living Population
Asmara
$498
963K
Keren
$466
120K
Massawa
$467
39.8K
Mendefera
$466
28.5K

In Monaco

City Cost of living Population
Monaco City
$7262
38.4K
Monte Carlo
$4714
15.2K