Monaco City vs New Taipei - Cost of Living Comparison

Updated: March 01, 2024

	Monaco City	New Taipei
🚶 Cost of living one person	$7262	$1011
👨‍👩‍👧‍👦 Cost of living Family	$11415	$2876
🏠 One person rent	$6344	$394
🏘️ Family rent	$7919	$948
🍽️ Food expenses	$654	$390
🚐 Transport expenses	$51.9	$125
💳 Monthly salary after tax	$5677	$1496
😷 Air quality	Moderate	Good
✈️ Airport proximity	18 km	13 km
🎓 Higher education	21	95
😀 Quality of life	78	88
🏙️ Population	38.4K	4.36M

The cost of living in Monaco City is 618% more expensive than in New Taipei. Cities ranked 1st and 5229th ($7262 vs $1011) in the list of the most expensive cities in the world and ranked 1st and 2nd in Monaco and Taiwan, respectively. Check Monaco vs Taiwan comparison.

The average after-tax salary is enough to cover living expenses for 0.8 months in Monaco City compared to 1.5 months in New Taipei. Monaco City ranked 2nd best city to live in Monaco vs New Taipei ranked 1st in Taiwan, while ranked 566th and 181st among best cities to live in the world.

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Cost of living in Monaco City vs New Taipei infographic

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

Prices in Monaco City vs New Taipei

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

	Monaco City	New Taipei
Eating Out
🍱 Lunch Menu	$25.9	$4.75
🥂 Dinner in a Restaurant, for 2	$76.1	$28.7
🥪 Fast food meal, equiv. McDonald's	$10.8	$4.82
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$8.15	$1.81
☕ Cappuccino	$4.89	$2.42
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$5.3	$0.91
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$7348	$342
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$5780	$302
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$7636	$1097
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$7551	$766
🔌 Utility Bill one person, electricity, heating, water, etc.	$189	$61.1
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$289	$94.1
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$62	$22.6
🏦 Mortgage Interest Rate for 20 Years	2.94%	1.77%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$76762	$9649
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$54309	$5036
Transportation
🚌 Local transport ticket	$2.16	$0.79
🎟️ Monthly ticket local transport	$23.7	$39.3
🚕 Taxi Ride, 8 km or 5 mi	$18.6	$8.9
⛽ Gas / Petrol, 1 L or 0.26 gal	$2.27	$1.01
Groceries
🥛 Milk, 1 L or 1 qt	$1.88	$2.98
🍞 Bread, 0.5 kg or 1.1 lb	$4.28	$1.71
🍚 Rice, 1 kg or 2.2 lb	$3.74	$4.22
🥚 Eggs, x12	$3.6	$2.89
🧀 Cheese, 1 kg or 2.2 lb	$16.3	$15.2
🐔 Chicken Breast, 1 kg or 2.2 lb	$10.6	$7.89
🥩 Round Steak, 1 kg or 2.2 lb	$13	$23.6
🍏 Apples, 1 kg or 2.2 lb	$2.04	$5.22
🍌 Banana, 1 kg or 2.2 lb	$2.15	$1.58
🍊 Oranges, 1 kg or 2.2 lb	$2.24	$2.3
🍅 Tomato, 1 kg or 2.2 lb	$4.27	$2.99
🥔 Potato, 1 kg or 2.2 lb	$2.1	$2.17
🧅 Onion, 1 kg or 2.2 lb	$3.21	$1.9
🌊 Water, 1 L or 1 qt	$0.97	$0.72
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$3.57	$1.73
🍾 Wine (mid-priced), 750 mL bottle	$9.11	$12.1
🍺 Beer, 0.5 L or 16 fl oz	$1.78	$1.61
🚬 Cigarette pack	$13.5	$3.45
💊 Cold medicince, 1 week	$13.3	$9.74
🧴 Hair Shampoo	$8.89	$7.86
🧻 Toilet paper, 4 rolls	$8.57	$2
👄 Toothpaste, 1 tube	$2.86	$2.76
Other
🏋️ Gym Membership, 1 month	$81.9	$31.6
🎫 Cinema Ticket, 1 person	$13	$9.42
👩‍⚕️ Doctor's visit	$83.6	$35.5
💇 Haircut, simple	$41.2	$16.2
👖 Brand Jeans	$101	$60.4
👟 Brand Sneakers	$188	$84.3
👶 Daycare or Preschool, 1 month	$2097	$503
🏫 International Primary School, 1 year	$43475	$11035

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	$4714
8.1 km or 5 mi	Menton	$1400
12 km or 7.7 mi	Nice	$1616
17 km or 10 mi	Ventimiglia	$1488
29 km or 18 mi	Antibes	$1567
30 km or 19 mi	Sanremo	$1341
38 km or 23 mi	Cannes	$1616
52 km or 32 mi	Imperia	$1308
73 km or 45 mi	Cuneo	$1103
79 km or 49 mi	Mondovi	$1245
106 km or 66 mi	Savona	$1575
132 km or 82 mi	Manosque	$1432
138 km or 86 mi	Toulon	$1314
143 km or 89 mi	Genoa	$1450
144 km or 90 mi	Asti	$1234
150 km or 93 mi	Turin	$1369
160 km or 100 mi	Aix-en-Provence	$1575
162 km or 101 mi	Alessandria	$1364
172 km or 107 mi	Marseille	$1602
173 km or 108 mi	Tortona	$1406
189 km or 117 mi	Voghera	$1475
193 km or 120 mi	Vercelli	$1066
195 km or 121 mi	Miramas	$1470
198 km or 123 mi	La Spezia	$1248
201 km or 125 mi	Bastia	$1545
210 km or 130 mi	Biella	$1166
210 km or 131 mi	Grenoble	$1398
210 km or 131 mi	Vigevano	$1471
211 km or 131 mi	Avignon	$1385
212 km or 132 mi	Pavia	$1294
213 km or 132 mi	Novara	$1271
218 km or 136 mi	Carrara	$1389
223 km or 139 mi	Aosta	$1453
228 km or 142 mi	Viareggio	$1372
228 km or 142 mi	Ajaccio	$1510
231 km or 143 mi	Buccinasco	$1565
233 km or 145 mi	Piacenza	$1353
234 km or 146 mi	Livorno	$1383
236 km or 146 mi	Chambery	$1416
238 km or 148 mi	Busto Arsizio	$1588

Cities near New Taipei

Distance	City	Cost of living
9.6 km or 6 mi	Taipei	$1169
29 km or 18 mi	Taoyuan	$861
33 km or 20 mi	Keelung	$860
42 km or 26 mi	Yilan	$863
48 km or 30 mi	Zhubei	$917
53 km or 33 mi	Hsinchu	$860
80 km or 50 mi	Miaoli	$746
124 km or 77 mi	Taichung	$995
140 km or 87 mi	Changhua	$890
144 km or 90 mi	Nantou	$857
171 km or 106 mi	Douliu	$791
198 km or 123 mi	Chiayi	$725
246 km or 153 mi	Fuzhou	$664
250 km or 155 mi	Putian	$675
252 km or 157 mi	Taitung	$952
259 km or 161 mi	Tainan	$913
267 km or 166 mi	Ningde	$694
283 km or 176 mi	Ishigaki	$1114
289 km or 179 mi	Quanzhou	$689
290 km or 180 mi	Jinjiang	$676
291 km or 181 mi	Kaohsiung	$932
318 km or 197 mi	Rui'an	$744
321 km or 199 mi	Kinmen	$851
341 km or 212 mi	Wenzhou	$787
345 km or 214 mi	Xiamen	$721
375 km or 233 mi	Nanping	$678
375 km or 233 mi	Wenling	$735
386 km or 240 mi	Zhangzhou	$719
387 km or 241 mi	Miyakojima	$1115
408 km or 253 mi	Sanming	$667
411 km or 256 mi	Lishui	$741
428 km or 266 mi	Linhai	$719
445 km or 277 mi	Longyan	$713
457 km or 284 mi	Wuyishan	$655
489 km or 304 mi	Jinhua	$811
497 km or 309 mi	Yiwu	$725
507 km or 315 mi	Quzhou	$644
510 km or 317 mi	Chaozhou	$588
515 km or 320 mi	Shangrao	$721
515 km or 320 mi	Shantou	$589