Mali vs Monaco - Cost of Living Comparison

Updated: March 02, 2025

	Mali	Monaco
🚶 Cost of living one person	$561	$6637
👨‍👩‍👧‍👦 Cost of living Family	$1417	$10339
🏠 One person rent	$247	$5645
🏘️ Family rent	$511	$6756
🍽️ Food expenses	$200	$735
🚐 Transport expenses	$62.5	$59.2
💳 Monthly salary after tax	$409	$6332
💸 GDP per capita	$869	$257K
😃 Human freedom index	5.75	8.7
❤️ Life expectancy	59.4	89.7
👮 Corruption perceptions index	27	82
🌐 English speaking %	0%	40%
🎓 Higher education	26	41
😀 Quality of life	15	86
🏙️ Population	20.3M	38.4K

The average cost of living in Mali ($561) is 92% less expensive than in Monaco ($6637). Mali ranked 170th 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 Mali compared to 1 months in Monaco. Ranked 181st and 20th best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Mali vs Monaco infographic

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<img src="https://livingcost.org/assets/photo/cost/mali/monaco.jpg" alt="Cost of living in Mali vs Monaco infographic" style="max-width: 100%; height: auto;"><p>Source: <a href="https://livingcost.org/cost/mali/monaco" target="_blank">Mali vs Monaco - Cost of Living Comparison</a></p>

Prices in Mali vs Monaco

We calculate prices for Mali and Monaco as a population-weighted mean of 7 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.

	Mali	Monaco
Eating Out
🍱 Lunch Menu	$2.95	$23.1
🥂 Dinner in a Restaurant, for 2	$19.1	$84.6
🥪 Fast food meal, equiv. McDonald's	$4.56	$11.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$1.92	$8.09
☕ Cappuccino	$1.91	$4.52
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$0.44	$5.07
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$259	$5775
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$165	$5315
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$628	$6472
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$377	$6412
🔌 Utility Bill one person, electricity, heating, water, etc.	$38.2	$175
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$58.9	$269
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$25.1	$63.3
🏦 Mortgage Interest Rate for 20 Years	12.57%	2.88%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$1741	$74483
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1016	$61615
Transportation
🚌 Local transport ticket	$0.33	$1.89
🎟️ Monthly ticket local transport	$12.5	$28.6
🚕 Taxi Ride, 8 km or 5 mi	$5.6	$23.2
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.02	$2.11
Groceries
🥛 Milk, 1 L or 1 qt	$1.12	$1.85
🍞 Bread, 0.5 kg or 1.1 lb	$0.63	$3.79
🍚 Rice, 1 kg or 2.2 lb	$1.09	$3.3
🥚 Eggs, x12	$1.46	$4.41
🧀 Cheese, 1 kg or 2.2 lb	$6.77	$15.8
🐔 Chicken Breast, 1 kg or 2.2 lb	$4.27	$15.7
🥩 Round Steak, 1 kg or 2.2 lb	$6.63	$17.6
🍏 Apples, 1 kg or 2.2 lb	$2.25	$3.6
🍌 Banana, 1 kg or 2.2 lb	$1.11	$2.61
🍊 Oranges, 1 kg or 2.2 lb	$1.48	$3.06
🍅 Tomato, 1 kg or 2.2 lb	$0.94	$3.96
🥔 Potato, 1 kg or 2.2 lb	$0.85	$2.21
🧅 Onion, 1 kg or 2.2 lb	$0.97	$2.44
🌊 Water, 1 L or 1 qt	$0.3	$3.06
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$1.11	$3.49
🍾 Wine (mid-priced), 750 mL bottle	$8.29	$12.9
🍺 Beer, 0.5 L or 16 fl oz	$1.5	$1.94
🚬 Cigarette pack	$2.78	$11.1
💊 Cold medicince, 1 week	$3.04	$16.3
🧴 Hair Shampoo	$2.82	$11
🧻 Toilet paper, 4 rolls	$1.5	$3.15
👄 Toothpaste, 1 tube	$1.2	$5.51
Other
🏋️ Gym Membership, 1 month	$24.1	$79.7
🎫 Cinema Ticket, 1 person	$4.13	$13.6
👩‍⚕️ Doctor's visit	$14.2	$80.7
💇 Haircut, simple	$4.15	$35.3
👖 Brand Jeans	$26.5	$98.5
👟 Brand Sneakers	$61.3	$161
👶 Daycare or Preschool, 1 month	$87.3	$2050
🏫 International Primary School, 1 year	$3065	$34340