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Cost of Living in Monaco

Cost of livingOne personFamily of 4
💰 Total with rent
$3685
$8033
🛋️ Without rent
$964
$3296
🏨 Rent & Utilities
$2721
$4737
🍽️ Food
$714
$1875
🚐 Transport
$69.1
$195
💳 Monthly salary after tax
$5179
💸 GDP per capita
$186k
🏙️ Population
38.7k

The cost of living in Monaco is $3685, which is 5 times more expensive than the world average. Monaco ranked 1st out of 197 countries by cost of living and the 80th best country to live in.

The average salary after taxes in Monaco is $5179, which is enough to cover living expenses for 1.4 months.

Discover best places to live in Monaco.

Cost of living in Monaco infographic
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Monthly salary after tax

To maintain the standard of living with a salary of $1000 in Monaco, you will need $1120 a month in Monte Carlo - the cost of living in Monte Carlo is 1 times higher than in Monaco.

Prices in Monaco

We calculate prices for Monaco as a population-weighted mean of 2 cities. Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information.

Eating Out

🍱 Lunch Menu
$38.3
🥂 Dinner in a Restaurant, for 2
$85.1
🥪 Fast food meal, equiv. McDonald's
$10.4
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$8.21
☕ Cappuccino
$4.38
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$4.57

Groceries

🥛 Milk, 1 L or 1 qt
$1.89
🍞 Bread, 0.5 kg or 1.1 lb
$2.75
🍚 Rice, 1 kg or 2.2 lb
$2.84
🥚 Eggs, x12
$4.23
🧀 Cheese, 1 kg or 2.2 lb
$17.9
🐔 Chicken Breast, 1 kg or 2.2 lb
$11.3
🥩 Round Steak, 1 kg or 2.2 lb
$11
🍏 Apples, 1 kg or 2.2 lb
$3.4
🍌 Banana, 1 kg or 2.2 lb
$4.9
🍊 Oranges, 1 kg or 2.2 lb
$2.17
🍅 Tomato, 1 kg or 2.2 lb
$3.12
🥔 Potato, 1 kg or 2.2 lb
$4.39
🧅 Onion, 1 kg or 2.2 lb
$2.35
🌊 Water, 1 L or 1 qt
$1.27
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$3.55
🍾 Wine (mid-priced), 750 mL bottle
$10.5
🍺 Beer, 0.5 L or 16 fl oz
$1.82
🚬 Cigarette pack
$9.57
💊 Cold medicince, 1 week
$12.8
🧴 Hair Shampoo
$5.5
🧻 Toilet paper, 4 rolls
$2.45
👄 Toothpaste, 1 tube
$3.25

Transportation

🚌 Local transport ticket
$2.26
🎟️ Monthly ticket local transport
$40.1
🚕 Taxi Ride, 8 km or 5 mi
$27.1
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.99

Rent & Utilities

🏙️ 1 bedroom apartment in city Center, 40 m2 or 430 ft2
$3492
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$2315
🏙️ 3 bedroom apartment in city Center, 80 m2 or 860 ft2
$5379
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$4279
🔌 Utility Bill one person, electricity, heating, water, etc.
$129
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$196
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$42.4
🏦 Mortgage Interest Rate for 20 Years
2.26%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$30988
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$43657

Other

🏋️ Gym Membership, 1 month
$83
🎫 Cinema Ticket, 1 person
$12.6
👩‍⚕️ Doctor's visit
$85.3
💇 Haircut, simple
$34.3
👖 Brand Jeans
$103
👟 Brand Sneakers
$103
👶 Daycare or Preschool, 1 month
$1366
🏫 International Primary School, 1 year
$31701