Madrid vs Monaco City - Cost of Living Comparison

Updated:

Livingcost

Madrid Monaco City
🚶 Cost of living one person
$1726
$7262
👨‍👩‍👧‍👦 Cost of living Family
$3985
$11415
🏠 One person rent
$986
$6344
🏘️ Family rent
$1693
$7919
🍽️ Food expenses
$440
$654
🚐 Transport expenses
$168
$51.9
💳 Monthly salary after tax
$2362
$5677
😷 Air quality
Excellent
Moderate
✈️ Airport proximity
10 km
18 km
🎓 Higher education
98
21
😀 Quality of life
90
78
🏙️ Population
3.28M
38.4K

The cost of living in Madrid is 76% less expensive than in Monaco City. Cities ranked 2577th and 1st ($1726 vs $7262) in the list of the most expensive cities in the world and ranked 7th and 1st in Spain and Monaco, respectively. Check Spain vs Monaco comparison.

The average after-tax salary is enough to cover living expenses for 1.4 months in Madrid compared to 0.8 months in Monaco City. Madrid ranked 1st best city to live in Spain vs Monaco City ranked 2nd in Monaco, while ranked 121st and 566th among best cities to live in the world.

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Cost of living in Madrid vs Monaco City infographic

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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
$14.1
$25.9
🥂 Dinner in a Restaurant, for 2
$58.9
$76.1
🥪 Fast food meal, equiv. McDonald's
$10
$10.8
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.01
$8.15
 Cappuccino
$2.55
$4.89
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.69
$5.3
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1118
$7348
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$805
$5780
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2068
$7636
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1386
$7551
🔌 Utility Bill one person, electricity, heating, water, etc.
$85.8
$189
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$138
$289
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$32.9
$62
🏦 Mortgage Interest Rate for 20 Years
2.58%
2.94%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$4611
$76762
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$2665
$54309
Transportation
🚌 Local transport ticket
$1.64
$2.16
🎟️ Monthly ticket local transport
$43.5
$23.7
🚕 Taxi Ride, 8 km or 5 mi
$14
$18.6
 Gas / Petrol, 1 L or 0.26 gal
$1.81
$2.27
Groceries
🥛 Milk, 1 L or 1 qt
$1.15
$1.88
🍞 Bread, 0.5 kg or 1.1 lb
$1.5
$4.28
🍚 Rice, 1 kg or 2.2 lb
$1.44
$3.74
🥚 Eggs, x12
$3.16
$3.6
🧀 Cheese, 1 kg or 2.2 lb
$14.8
$16.3
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.08
$10.6
🥩 Round Steak, 1 kg or 2.2 lb
$14.9
$13
🍏 Apples, 1 kg or 2.2 lb
$2.39
$2.04
🍌 Banana, 1 kg or 2.2 lb
$1.93
$2.15
🍊 Oranges, 1 kg or 2.2 lb
$1.79
$2.24
🍅 Tomato, 1 kg or 2.2 lb
$2.45
$4.27
🥔 Potato, 1 kg or 2.2 lb
$1.48
$2.1
🧅 Onion, 1 kg or 2.2 lb
$1.58
$3.21
🌊 Water, 1 L or 1 qt
$0.64
$0.97
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.24
$3.57
🍾 Wine (mid-priced), 750 mL bottle
$6.7
$9.11
🍺 Beer, 0.5 L or 16 fl oz
$1.33
$1.78
🚬 Cigarette pack
$5.86
$13.5
💊 Cold medicince, 1 week
$11.5
$13.3
🧴 Hair Shampoo
$3.45
$8.89
🧻 Toilet paper, 4 rolls
$2.12
$8.57
👄 Toothpaste, 1 tube
$2.44
$2.86
Other
🏋️ Gym Membership, 1 month
$45.2
$81.9
🎫 Cinema Ticket, 1 person
$10.5
$13
👩‍⚕️ Doctor's visit
$72.3
$83.6
💇 Haircut, simple
$19.1
$41.2
👖 Brand Jeans
$73.2
$101
👟 Brand Sneakers
$84.6
$188
👶 Daycare or Preschool, 1 month
$529
$2097
🏫 International Primary School, 1 year
$9474
$43475

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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
$1721
11 km or 6.7 mi Coslada
$1368
14 km or 8.5 mi Alcobendas
$1377
18 km or 11 mi Mostoles
$1572
18 km or 11 mi Fuenlabrada
$1492
18 km or 11 mi Torrejon de Ardoz
$1219
21 km or 13 mi Tres Cantos
$1298
29 km or 18 mi Alcala de Henares
$1156
50 km or 31 mi Guadalajara
$1138
68 km or 42 mi Toledo
$1282
69 km or 43 mi Segovia
$1303
138 km or 86 mi Cuenca
$1139
155 km or 97 mi Laguna de Duero
$1187
158 km or 98 mi Villarrobledo
$1203
162 km or 101 mi Valladolid
$1207
177 km or 110 mi Salamanca
$973
196 km or 122 mi Puertollano
$932
208 km or 129 mi Plasencia
$1127
211 km or 131 mi Zamora
$1140
215 km or 133 mi Burgos
$1109
223 km or 139 mi Albacete
$983
242 km or 150 mi Villanueva de la Serena
$1137
244 km or 151 mi Requena
$1241
250 km or 156 mi Logrono
$1142
251 km or 156 mi Caceres
$902
253 km or 157 mi Tudela
$1260
258 km or 160 mi Linares
$1206
269 km or 167 mi Ubeda
$1283
272 km or 169 mi Zaragoza
$1327
281 km or 175 mi Merida
$1096
283 km or 176 mi Vitoria-Gasteiz
$1382
288 km or 179 mi Leon
$987
295 km or 183 mi Jaen
$963
296 km or 184 mi Jumilla
$1191
297 km or 184 mi Cordoba
$1056
298 km or 185 mi Yecla
$1210
299 km or 186 mi Braganca
$807
301 km or 187 mi Martos
$1214
302 km or 187 mi Caravaca de la Cruz
$1176
302 km or 188 mi Valencia
$1437

Cities near Monaco City

Distance City Cost of living
0.9 km or 0.6 mi Monte Carlo
$4714
8.1 km or 5 mi Menton
$1400
12 km or 7.7 mi Nice
$1616
17 km or 10 mi Ventimiglia
$1488
29 km or 18 mi Antibes
$1567
30 km or 19 mi Sanremo
$1341
38 km or 23 mi Cannes
$1616
52 km or 32 mi Imperia
$1308
73 km or 45 mi Cuneo
$1103
79 km or 49 mi Mondovi
$1245
106 km or 66 mi Savona
$1575
132 km or 82 mi Manosque
$1432
138 km or 86 mi Toulon
$1314
143 km or 89 mi Genoa
$1450
144 km or 90 mi Asti
$1234
150 km or 93 mi Turin
$1369
160 km or 100 mi Aix-en-Provence
$1575
162 km or 101 mi Alessandria
$1364
172 km or 107 mi Marseille
$1602
173 km or 108 mi Tortona
$1406
189 km or 117 mi Voghera
$1475
193 km or 120 mi Vercelli
$1066
195 km or 121 mi Miramas
$1470
198 km or 123 mi La Spezia
$1248
201 km or 125 mi Bastia
$1545
210 km or 130 mi Biella
$1166
210 km or 131 mi Grenoble
$1398
210 km or 131 mi Vigevano
$1471
211 km or 131 mi Avignon
$1385
212 km or 132 mi Pavia
$1294
213 km or 132 mi Novara
$1271
218 km or 136 mi Carrara
$1389
223 km or 139 mi Aosta
$1453
228 km or 142 mi Viareggio
$1372
228 km or 142 mi Ajaccio
$1510
231 km or 143 mi Buccinasco
$1565
233 km or 145 mi Piacenza
$1353
234 km or 146 mi Livorno
$1383
236 km or 146 mi Chambery
$1416
238 km or 148 mi Busto Arsizio
$1588