Madrid vs Monaco City - Cost of Living Comparison

Updated:

Livingcost

Madrid Monaco City
🚶 Cost of living one person
$2109
$7483
👨‍👩‍👧‍👦 Cost of living Family
$4833
$9886
🏠 One person rent
$1251
$6445
🏘️ Family rent
$2104
$5999
🍽️ Food expenses
$517
$763
🚐 Transport expenses
$191
$69.1
💳 Monthly salary after tax
$2569
$9172
😷 Air quality
Excellent
Excellent
✈️ Airport proximity
10 km
18 km
🎓 Higher education
98
21
😀 Quality of life
91
66
🏙️ Population
3.51M
38.9K

The cost of living in Madrid is 72% less expensive than in Monaco City. Cities ranked 1723rd and 1st ($2109 vs $7483) in the list of the most expensive cities in the world and ranked 4th and 1st in Spain and Monaco, respectively. Check Spain vs Monaco comparison.

The average after-tax salary is enough to cover living expenses for 1.2 months in Madrid compared to 1.2 months in Monaco City. Madrid ranked 1st best city to live in Spain vs Monaco City ranked 2nd in Monaco, while ranked 160th and 5012th among best cities to live in the world.

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Prices in Madrid vs Monaco City

Prices for goods and services in Madrid and Monaco City are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

Madrid Monaco City
Eating Out
🍱 Lunch Menu
$17.6
$22.5
🥂 Dinner in a Restaurant, for 2
$60.1
$85.6
🥪 Fast food meal, equiv. McDonald's
$13.1
$12.9
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.64
$8.88
☕ Cappuccino
$3.76
$4.32
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.27
$5.17
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1411
$6949
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1035
$6027
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2589
$6797
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1735
$5389
🔌 Utility Bill one person, electricity, heating, water, etc.
$108
$174
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$165
$270
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$33.4
$59.1
🏦 Mortgage Interest Rate for 20 Years
3.1%
3.25%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$9054
$74781
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$4487
$57868
Transportation
🚌 Local transport ticket
$1.75
$2.31
🎟️ Monthly ticket local transport
$42.5
$27.7
🚕 Taxi Ride, 8 km or 5 mi
$18.1
$29.2
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.8
$2.2
Groceries
🥛 Milk, 1 L or 1 qt
$1.28
$1.7
🍞 Bread, 0.5 kg or 1.1 lb
$1.34
$3.31
🍚 Rice, 1 kg or 2.2 lb
$1.51
$3.81
🥚 Eggs, x12
$3.97
$5.11
🧀 Cheese, 1 kg or 2.2 lb
$17.3
$15.4
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.98
$17.7
🥩 Round Steak, 1 kg or 2.2 lb
$17.7
$18.7
🍏 Apples, 1 kg or 2.2 lb
$3.06
$3.47
🍌 Banana, 1 kg or 2.2 lb
$2.39
$3.03
🍊 Oranges, 1 kg or 2.2 lb
$2.64
$2.83
🍅 Tomato, 1 kg or 2.2 lb
$2.88
$3.65
🥔 Potato, 1 kg or 2.2 lb
$2.22
$2.65
🧅 Onion, 1 kg or 2.2 lb
$2.27
$2.88
🌊 Water, 1 L or 1 qt
$0.67
$3.11
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.95
$3.58
🍾 Wine (mid-priced), 750 mL bottle
$8.81
$9.8
🍺 Beer, 0.5 L or 16 fl oz
$1.32
$2.17
🚬 Cigarette pack
$7.01
$12.3
💊 Cold medicince, 1 week
$11.7
$17.5
🧴 Hair Shampoo
$4.43
$11.9
🧻 Toilet paper, 4 rolls
$2.43
$3.12
👄 Toothpaste, 1 tube
$2.55
$5.94
Other
🏋️ Gym Membership, 1 month
$53.1
$88
🎫 Cinema Ticket, 1 person
$11.8
$13.6
👩‍⚕️ Doctor's visit
$68.9
$84.2
💇 Haircut, simple
$17.4
$44.8
👖 Brand Jeans
$99.3
$108
👟 Brand Sneakers
$114
$140
👶 Daycare or Preschool, 1 month
$729
$2267
🏫 International Primary School, 1 year
$16324
$46388

Cost of living in other countries

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Cost of Living in the nearest cities

Cities near Madrid

Distance City Cost of living
11 km or 6.6 mi Pozuelo de Alarcon
$1899
11 km or 6.7 mi Coslada
$1721
14 km or 8.5 mi Alcobendas
$1708
18 km or 11 mi Mostoles
$1716
18 km or 11 mi Fuenlabrada
$1603
18 km or 11 mi Torrejon de Ardoz
$1643
21 km or 13 mi Tres Cantos
$1667
29 km or 18 mi Alcala de Henares
$1678
50 km or 31 mi Guadalajara
$1200
68 km or 42 mi Toledo
$1320
69 km or 43 mi Segovia
$1360
138 km or 86 mi Cuenca
$1246
155 km or 97 mi Laguna de Duero
$1396
158 km or 98 mi Villarrobledo
$1397
162 km or 101 mi Valladolid
$1415
177 km or 110 mi Salamanca
$1191
196 km or 122 mi Puertollano
$896
208 km or 129 mi Plasencia
$1267
211 km or 131 mi Zamora
$1373
215 km or 133 mi Burgos
$1242
223 km or 139 mi Albacete
$1303
242 km or 150 mi Villanueva de la Serena
$1325
244 km or 151 mi Requena
$1421
250 km or 156 mi Logrono
$1115
251 km or 156 mi Caceres
$1187
253 km or 157 mi Tudela
$1424
258 km or 160 mi Linares
$1395
269 km or 167 mi Ubeda
$1499
272 km or 169 mi Zaragoza
$1436
281 km or 175 mi Merida
$1276
283 km or 176 mi Vitoria-Gasteiz
$1697
288 km or 179 mi Leon
$1265
295 km or 183 mi Jaen
$1125
296 km or 184 mi Jumilla
$1316
297 km or 184 mi Cordoba
$1291
298 km or 185 mi Yecla
$1203
299 km or 186 mi Braganca
$935
301 km or 187 mi Martos
$1390
302 km or 187 mi Caravaca de la Cruz
$1351
302 km or 188 mi Valencia
$1812

Cities near Monaco City

Distance City Cost of living
0.9 km or 0.6 mi Monte Carlo
$4967
8.1 km or 5 mi Menton
$1568
12 km or 7.7 mi Nice
$1901
17 km or 10 mi Ventimiglia
$1604
29 km or 18 mi Antibes
$1863
30 km or 19 mi Sanremo
$1541
38 km or 23 mi Cannes
$2002
52 km or 32 mi Imperia
$1469
73 km or 45 mi Cuneo
$1264
79 km or 49 mi Mondovi
$1386
106 km or 66 mi Savona
$1578
132 km or 82 mi Manosque
$1488
138 km or 86 mi Toulon
$1530
143 km or 89 mi Genoa
$1613
144 km or 90 mi Asti
$1320
150 km or 93 mi Turin
$1659
160 km or 100 mi Aix-en-Provence
$1853
162 km or 101 mi Alessandria
$1335
172 km or 107 mi Marseille
$1759
173 km or 108 mi Tortona
$1429
189 km or 117 mi Voghera
$1563
193 km or 120 mi Vercelli
$1320
195 km or 121 mi Miramas
$1827
198 km or 123 mi La Spezia
$1565
201 km or 125 mi Bastia
$1542
210 km or 130 mi Biella
$1226
210 km or 131 mi Grenoble
$1560
210 km or 131 mi Vigevano
$1725
211 km or 131 mi Avignon
$1501
212 km or 132 mi Pavia
$1479
213 km or 132 mi Novara
$1271
218 km or 136 mi Carrara
$1416
223 km or 139 mi Aosta
$1673
228 km or 142 mi Viareggio
$1467
228 km or 142 mi Ajaccio
$1674
231 km or 143 mi Buccinasco
$1803
233 km or 145 mi Piacenza
$1556
234 km or 146 mi Livorno
$1669
236 km or 146 mi Chambery
$1352
238 km or 148 mi Busto Arsizio
$1716