Madrid vs Monaco City - Cost of Living Comparison

Updated:

Livingcost

Madrid Monaco City
🚶 Cost of living one person
$1889
$7469
👨‍👩‍👧‍👦 Cost of living Family
$4256
$11505
🏠 One person rent
$1111
$6524
🏘️ Family rent
$1849
$7895
🍽️ Food expenses
$457
$676
🚐 Transport expenses
$177
$56.6
💳 Monthly salary after tax
$2391
$6658
😷 Air quality
Excellent
Good
✈️ Airport proximity
10 km
18 km
🎓 Higher education
98
21
😀 Quality of life
90
79
🏙️ Population
3.33M
38.4K

The cost of living in Madrid is 75% less expensive than in Monaco City. Cities ranked 2194th and 1st ($1889 vs $7469) in the list of the most expensive cities in the world and ranked 5th and 1st in Spain and Monaco, respectively. Check Spain vs Monaco comparison.

The average after-tax salary is enough to cover living expenses for 1.3 months in Madrid compared to 0.9 months in Monaco City. Madrid ranked 1st best city to live in Spain vs Monaco City ranked 1st in Monaco, while ranked 149th and 613th 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
$15.3
$21.7
🥂 Dinner in a Restaurant, for 2
$58.7
$79.3
🥪 Fast food meal, equiv. McDonald's
$11
$12.9
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.18
$8.89
☕ Cappuccino
$2.93
$5.78
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.83
$4.85
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1256
$7511
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$911
$5954
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2211
$6493
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1526
$7789
🔌 Utility Bill one person, electricity, heating, water, etc.
$98
$195
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$152
$302
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$33.1
$63.8
🏦 Mortgage Interest Rate for 20 Years
3.68%
2.89%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$6496
$85921
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$4015
$71911
Transportation
🚌 Local transport ticket
$1.65
$2.24
🎟️ Monthly ticket local transport
$45.3
$24.7
🚕 Taxi Ride, 8 km or 5 mi
$15.1
$21.1
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.85
$2.36
Groceries
🥛 Milk, 1 L or 1 qt
$1.19
$1.95
🍞 Bread, 0.5 kg or 1.1 lb
$1.5
$5.43
🍚 Rice, 1 kg or 2.2 lb
$1.51
$3.87
🥚 Eggs, x12
$3.24
$3.72
🧀 Cheese, 1 kg or 2.2 lb
$15.1
$16.6
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.47
$11
🥩 Round Steak, 1 kg or 2.2 lb
$15.4
$13.3
🍏 Apples, 1 kg or 2.2 lb
$2.61
$2.6
🍌 Banana, 1 kg or 2.2 lb
$2.01
$2.77
🍊 Oranges, 1 kg or 2.2 lb
$2.2
$2.8
🍅 Tomato, 1 kg or 2.2 lb
$2.45
$4.09
🥔 Potato, 1 kg or 2.2 lb
$1.85
$2.15
🧅 Onion, 1 kg or 2.2 lb
$1.82
$3.34
🌊 Water, 1 L or 1 qt
$0.62
$1
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.22
$3.77
🍾 Wine (mid-priced), 750 mL bottle
$7.49
$9.56
🍺 Beer, 0.5 L or 16 fl oz
$1.3
$1.84
🚬 Cigarette pack
$6.16
$13.9
💊 Cold medicince, 1 week
$9.3
$17.3
🧴 Hair Shampoo
$3.59
$11
🧻 Toilet paper, 4 rolls
$2.4
$3.35
👄 Toothpaste, 1 tube
$2.71
$5.95
Other
🏋️ Gym Membership, 1 month
$47.2
$84.3
🎫 Cinema Ticket, 1 person
$11.5
$13.4
👩‍⚕️ Doctor's visit
$67.3
$86.5
💇 Haircut, simple
$21.5
$37.4
👖 Brand Jeans
$89.1
$103
👟 Brand Sneakers
$96.9
$191
👶 Daycare or Preschool, 1 month
$585
$2156
🏫 International Primary School, 1 year
$10462
$44554

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
$1776
11 km or 6.7 mi Coslada
$1567
14 km or 8.5 mi Alcobendas
$1526
18 km or 11 mi Mostoles
$1591
18 km or 11 mi Fuenlabrada
$1592
18 km or 11 mi Torrejon de Ardoz
$1471
21 km or 13 mi Tres Cantos
$1396
29 km or 18 mi Alcala de Henares
$1444
50 km or 31 mi Guadalajara
$1122
68 km or 42 mi Toledo
$1289
69 km or 43 mi Segovia
$1333
138 km or 86 mi Cuenca
$1162
155 km or 97 mi Laguna de Duero
$1259
158 km or 98 mi Villarrobledo
$1287
162 km or 101 mi Valladolid
$1262
177 km or 110 mi Salamanca
$1127
196 km or 122 mi Puertollano
$974
208 km or 129 mi Plasencia
$1169
211 km or 131 mi Zamora
$1260
215 km or 133 mi Burgos
$1220
223 km or 139 mi Albacete
$1037
242 km or 150 mi Villanueva de la Serena
$1217
244 km or 151 mi Requena
$1317
250 km or 156 mi Logrono
$1016
251 km or 156 mi Caceres
$1019
253 km or 157 mi Tudela
$1314
258 km or 160 mi Linares
$1316
269 km or 167 mi Ubeda
$1461
272 km or 169 mi Zaragoza
$1330
281 km or 175 mi Merida
$1186
283 km or 176 mi Vitoria-Gasteiz
$1600
288 km or 179 mi Leon
$1337
295 km or 183 mi Jaen
$1013
296 km or 184 mi Jumilla
$1258
297 km or 184 mi Cordoba
$1165
298 km or 185 mi Yecla
$1271
299 km or 186 mi Braganca
$863
301 km or 187 mi Martos
$1284
302 km or 187 mi Caravaca de la Cruz
$1260
302 km or 188 mi Valencia
$1581

Cities near Monaco City

Distance City Cost of living
0.9 km or 0.6 mi Monte Carlo
$7107
8.1 km or 5 mi Menton
$1460
12 km or 7.7 mi Nice
$1721
17 km or 10 mi Ventimiglia
$1513
29 km or 18 mi Antibes
$1732
30 km or 19 mi Sanremo
$1510
38 km or 23 mi Cannes
$1766
52 km or 32 mi Imperia
$1429
73 km or 45 mi Cuneo
$1131
79 km or 49 mi Mondovi
$1280
106 km or 66 mi Savona
$1543
132 km or 82 mi Manosque
$1407
138 km or 86 mi Toulon
$1356
143 km or 89 mi Genoa
$1498
144 km or 90 mi Asti
$1200
150 km or 93 mi Turin
$1502
160 km or 100 mi Aix-en-Provence
$1654
162 km or 101 mi Alessandria
$1396
172 km or 107 mi Marseille
$1607
173 km or 108 mi Tortona
$1380
189 km or 117 mi Voghera
$1553
193 km or 120 mi Vercelli
$1248
195 km or 121 mi Miramas
$1545
198 km or 123 mi La Spezia
$1425
201 km or 125 mi Bastia
$1571
210 km or 130 mi Biella
$1164
210 km or 131 mi Grenoble
$1473
210 km or 131 mi Vigevano
$1724
211 km or 131 mi Avignon
$1426
212 km or 132 mi Pavia
$1449
213 km or 132 mi Novara
$1262
218 km or 136 mi Carrara
$1357
223 km or 139 mi Aosta
$1364
228 km or 142 mi Viareggio
$1306
228 km or 142 mi Ajaccio
$1591
231 km or 143 mi Buccinasco
$1616
233 km or 145 mi Piacenza
$1494
234 km or 146 mi Livorno
$1454
236 km or 146 mi Chambery
$1448
238 km or 148 mi Busto Arsizio
$1633