Monaco City vs Montreal - Cost of Living Comparison

Updated: October 10, 2024

	Monaco City	Montreal
🚶 Cost of living one person	$7469	$1954
👨‍👩‍👧‍👦 Cost of living Family	$11505	$4616
🏠 One person rent	$6524	$986
🏘️ Family rent	$7895	$1716
🍽️ Food expenses	$676	$608
🚐 Transport expenses	$56.6	$190
💳 Monthly salary after tax	$6658	$2805
😷 Air quality	Good	Good
✈️ Airport proximity	18 km	11 km
🎓 Higher education	21	100
😀 Quality of life	79	93
🏙️ Population	38.4K	1.76M

The cost of living in Monaco City is 282% more expensive than in Montreal. Cities ranked 1st and 2002nd ($7469 vs $1954) in the list of the most expensive cities in the world and ranked 1st and 54th in Monaco and Canada, respectively. Check Monaco vs Canada comparison.

The average after-tax salary is enough to cover living expenses for 0.9 months in Monaco City compared to 1.4 months in Montreal. Monaco City ranked 1st best city to live in Monaco vs Montreal ranked 2nd in Canada, while ranked 613th and 60th among best cities to live in the world.

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the estimated difference in money purchasing power

Cost of living in Monaco City vs Montreal infographic

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Prices in Monaco City vs Montreal

Prices for goods and services in Monaco City and Montreal are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

	Monaco City	Montreal
Eating Out
🍱 Lunch Menu	$21.7	$16.6
🥂 Dinner in a Restaurant, for 2	$79.3	$76.2
🥪 Fast food meal, equiv. McDonald's	$12.9	$11.1
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$8.89	$6.72
☕ Cappuccino	$5.78	$3.94
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$4.85	$2.2
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$7511	$1044
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$5954	$856
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$6493	$2012
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$7789	$1492
🔌 Utility Bill one person, electricity, heating, water, etc.	$195	$49.3
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$302	$77
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$63.8	$42.7
🏦 Mortgage Interest Rate for 20 Years	2.89%	6.28%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$85921	$7494
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$71911	$4431
Transportation
🚌 Local transport ticket	$2.24	$2.79
🎟️ Monthly ticket local transport	$24.7	$73.2
🚕 Taxi Ride, 8 km or 5 mi	$21.1	$18.3
⛽ Gas / Petrol, 1 L or 0.26 gal	$2.36	$1.27
Groceries
🥛 Milk, 1 L or 1 qt	$1.95	$2.34
🍞 Bread, 0.5 kg or 1.1 lb	$5.43	$2.92
🍚 Rice, 1 kg or 2.2 lb	$3.87	$2.95
🥚 Eggs, x12	$3.72	$3.73
🧀 Cheese, 1 kg or 2.2 lb	$16.6	$16.1
🐔 Chicken Breast, 1 kg or 2.2 lb	$11	$13.3
🥩 Round Steak, 1 kg or 2.2 lb	$13.3	$14.9
🍏 Apples, 1 kg or 2.2 lb	$2.6	$3.4
🍌 Banana, 1 kg or 2.2 lb	$2.77	$1.52
🍊 Oranges, 1 kg or 2.2 lb	$2.8	$4.28
🍅 Tomato, 1 kg or 2.2 lb	$4.09	$4.36
🥔 Potato, 1 kg or 2.2 lb	$2.15	$2.42
🧅 Onion, 1 kg or 2.2 lb	$3.34	$2.46
🌊 Water, 1 L or 1 qt	$1	$1.26
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$3.77	$2.06
🍾 Wine (mid-priced), 750 mL bottle	$9.56	$14.7
🍺 Beer, 0.5 L or 16 fl oz	$1.84	$3.18
🚬 Cigarette pack	$13.9	$11.5
💊 Cold medicince, 1 week	$17.3	$10.5
🧴 Hair Shampoo	$11	$5.65
🧻 Toilet paper, 4 rolls	$3.35	$3.67
👄 Toothpaste, 1 tube	$5.95	$3.01
Other
🏋️ Gym Membership, 1 month	$84.3	$33.2
🎫 Cinema Ticket, 1 person	$13.4	$11.3
👩‍⚕️ Doctor's visit	$86.5	$121
💇 Haircut, simple	$37.4	$32.8
👖 Brand Jeans	$103	$61.4
👟 Brand Sneakers	$191	$95.7
👶 Daycare or Preschool, 1 month	$2156	$669
🏫 International Primary School, 1 year	$44554	$6957

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

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

Cities near Montreal

Distance	City	Cost of living
3.6 km or 2.3 mi	Saint-Lambert	$1873
4.3 km or 2.7 mi	Westmount	$1861
4.4 km or 2.8 mi	Longueuil	$1896
6.4 km or 4 mi	Mount Royal	$1871
9.4 km or 5.9 mi	Cote-Saint-Luc	$1890
9.9 km or 6.1 mi	Brossard	$2057
11 km or 7 mi	La Prairie	$1960
13 km or 8.3 mi	Boucherville	$1878
14 km or 8.9 mi	Candiac	$1927
16 km or 9.8 mi	Saint-Constant	$1912
16 km or 10 mi	Dorval	$1912
17 km or 10 mi	Saint-Bruno-de-Montarville	$1912
17 km or 10 mi	Laval	$1996
20 km or 12 mi	Sainte-Julie	$1884
20 km or 12 mi	Dollard-des-Ormeaux	$1898
20 km or 13 mi	Chateauguay	$1964
21 km or 13 mi	Pointe-Claire	$1908
22 km or 14 mi	Varennes	$1845
22 km or 14 mi	Terrebonne	$1849
23 km or 14 mi	Chambly	$1901
24 km or 15 mi	Boisbriand	$1751
25 km or 15 mi	Kirkland	$1897
26 km or 16 mi	Repentigny	$1823
26 km or 16 mi	Sainte-Therese	$1785
27 km or 17 mi	Mascouche	$1821
27 km or 17 mi	Saint-Eustache	$1839
29 km or 18 mi	Beloeil	$1836
31 km or 19 mi	Blainville	$1799
31 km or 20 mi	Saint-Jean-sur-Richelieu	$1843
38 km or 23 mi	L'Assomption	$1740
39 km or 24 mi	Vaudreuil-Dorion	$1921
41 km or 26 mi	Saint-Lin-Laurentides	$1773
44 km or 27 mi	Mirabel	$1828
46 km or 28 mi	Saint-Jerome	$1805
49 km or 31 mi	Saint-Hyacinthe	$1657
53 km or 33 mi	Salaberry-de-Valleyfield	$2002
57 km or 35 mi	Joliette	$1540
66 km or 41 mi	Granby	$1187
68 km or 42 mi	Sorel-Tracy	$1624
91 km or 56 mi	Plattsburgh	$1610