Madrid vs Monaco City - Cost of Living Comparison

Updated:

Livingcost

Madrid Monaco City
🚶 Cost of living one person
$2089
$7861
👨‍👩‍👧‍👦 Cost of living Family
$4820
$10082
🏠 One person rent
$1219
$6825
🏘️ Family rent
$2088
$6182
🍽️ Food expenses
$518
$768
🚐 Transport expenses
$197
$63.8
💳 Monthly salary after tax
$2681
$8072
😷 Air quality
Excellent
Excellent
✈️ Airport proximity
10 km
18 km
🎓 Higher education
98
21
😀 Quality of life
90
66
🏙️ Population
3.51M
38.4K

The cost of living in Madrid is 73% less expensive than in Monaco City. Cities ranked 1805th and 1st ($2089 vs $7861) 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 1 months in Monaco City. Madrid ranked 1st best city to live in Spain vs Monaco City ranked 2nd in Monaco, while ranked 190th and 5110th among best cities to live in the world.

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the estimated difference in money purchasing power

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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
$16.8
$20.9
🥂 Dinner in a Restaurant, for 2
$64.4
$88.4
🥪 Fast food meal, equiv. McDonald's
$12.2
$13.2
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.79
$9.41
☕ Cappuccino
$3.61
$4.42
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.17
$5.02
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1380
$7561
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1000
$6344
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2540
$7042
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1720
$5552
🔌 Utility Bill one person, electricity, heating, water, etc.
$111
$178
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$171
$272
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$32.8
$60.1
🏦 Mortgage Interest Rate for 20 Years
3.15%
3.28%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$8795
$84253
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$4558
$62621
Transportation
🚌 Local transport ticket
$1.77
$2.18
🎟️ Monthly ticket local transport
$43.6
$29.3
🚕 Taxi Ride, 8 km or 5 mi
$18.7
$25.3
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.85
$2.25
Groceries
🥛 Milk, 1 L or 1 qt
$1.28
$1.74
🍞 Bread, 0.5 kg or 1.1 lb
$1.41
$3.94
🍚 Rice, 1 kg or 2.2 lb
$1.64
$3.33
🥚 Eggs, x12
$4.14
$5.61
🧀 Cheese, 1 kg or 2.2 lb
$18.4
$18
🐔 Chicken Breast, 1 kg or 2.2 lb
$9.28
$17.6
🥩 Round Steak, 1 kg or 2.2 lb
$19.2
$17.3
🍏 Apples, 1 kg or 2.2 lb
$2.98
$3.02
🍌 Banana, 1 kg or 2.2 lb
$2.39
$3.53
🍊 Oranges, 1 kg or 2.2 lb
$2.69
$2.9
🍅 Tomato, 1 kg or 2.2 lb
$2.9
$3.7
🥔 Potato, 1 kg or 2.2 lb
$2.3
$3.08
🧅 Onion, 1 kg or 2.2 lb
$2.24
$2.98
🌊 Water, 1 L or 1 qt
$0.6
$3.1
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.67
$3.63
🍾 Wine (mid-priced), 750 mL bottle
$10.2
$9.24
🍺 Beer, 0.5 L or 16 fl oz
$1.4
$2.24
🚬 Cigarette pack
$7.09
$12.6
💊 Cold medicince, 1 week
$11.5
$18.5
🧴 Hair Shampoo
$4.06
$12
🧻 Toilet paper, 4 rolls
$2.63
$3.21
👄 Toothpaste, 1 tube
$2.83
$6.03
Other
🏋️ Gym Membership, 1 month
$52.8
$89.6
🎫 Cinema Ticket, 1 person
$12.3
$13.8
👩‍⚕️ Doctor's visit
$71
$86.5
💇 Haircut, simple
$20.2
$46.6
👖 Brand Jeans
$103
$110
👟 Brand Sneakers
$108
$121
👶 Daycare or Preschool, 1 month
$702
$2320
🏫 International Primary School, 1 year
$14237
$47079

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
$1936
11 km or 6.7 mi Coslada
$1751
14 km or 8.5 mi Alcobendas
$1731
18 km or 11 mi Mostoles
$1747
18 km or 11 mi Fuenlabrada
$1648
18 km or 11 mi Torrejon de Ardoz
$1671
21 km or 13 mi Tres Cantos
$1688
29 km or 18 mi Alcala de Henares
$1697
50 km or 31 mi Guadalajara
$1226
68 km or 42 mi Toledo
$1350
69 km or 43 mi Segovia
$1366
138 km or 86 mi Cuenca
$1251
155 km or 97 mi Laguna de Duero
$1384
158 km or 98 mi Villarrobledo
$1433
162 km or 101 mi Valladolid
$1408
177 km or 110 mi Salamanca
$1215
196 km or 122 mi Puertollano
$918
208 km or 129 mi Plasencia
$1260
211 km or 131 mi Zamora
$1387
215 km or 133 mi Burgos
$1343
223 km or 139 mi Albacete
$1451
242 km or 150 mi Villanueva de la Serena
$1349
244 km or 151 mi Requena
$1461
250 km or 156 mi Logrono
$1146
251 km or 156 mi Caceres
$1253
253 km or 157 mi Tudela
$1462
258 km or 160 mi Linares
$1356
269 km or 167 mi Ubeda
$1435
272 km or 169 mi Zaragoza
$1471
281 km or 175 mi Merida
$1300
283 km or 176 mi Vitoria-Gasteiz
$1734
288 km or 179 mi Leon
$1365
295 km or 183 mi Jaen
$1123
296 km or 184 mi Jumilla
$1388
297 km or 184 mi Cordoba
$1331
298 km or 185 mi Yecla
$1299
299 km or 186 mi Braganca
$957
301 km or 187 mi Martos
$1385
302 km or 187 mi Caravaca de la Cruz
$1366
302 km or 188 mi Valencia
$1797

Cities near Monaco City

Distance City Cost of living
0.9 km or 0.6 mi Monte Carlo
$4626
8.1 km or 5 mi Menton
$1516
12 km or 7.7 mi Nice
$1934
17 km or 10 mi Ventimiglia
$1627
29 km or 18 mi Antibes
$1945
30 km or 19 mi Sanremo
$1556
38 km or 23 mi Cannes
$1968
52 km or 32 mi Imperia
$1490
73 km or 45 mi Cuneo
$1294
79 km or 49 mi Mondovi
$1375
106 km or 66 mi Savona
$1660
132 km or 82 mi Manosque
$1479
138 km or 86 mi Toulon
$1545
143 km or 89 mi Genoa
$1649
144 km or 90 mi Asti
$1342
150 km or 93 mi Turin
$1652
160 km or 100 mi Aix-en-Provence
$1788
162 km or 101 mi Alessandria
$1354
172 km or 107 mi Marseille
$1780
173 km or 108 mi Tortona
$1471
189 km or 117 mi Voghera
$1602
193 km or 120 mi Vercelli
$1338
195 km or 121 mi Miramas
$1824
198 km or 123 mi La Spezia
$1618
201 km or 125 mi Bastia
$1566
210 km or 130 mi Biella
$1275
210 km or 131 mi Grenoble
$1581
210 km or 131 mi Vigevano
$1769
211 km or 131 mi Avignon
$1542
212 km or 132 mi Pavia
$1458
213 km or 132 mi Novara
$1290
218 km or 136 mi Carrara
$1445
223 km or 139 mi Aosta
$1694
228 km or 142 mi Viareggio
$1425
228 km or 142 mi Ajaccio
$1680
231 km or 143 mi Buccinasco
$1778
233 km or 145 mi Piacenza
$1606
234 km or 146 mi Livorno
$1659
236 km or 146 mi Chambery
$1392
238 km or 148 mi Busto Arsizio
$1803