Monaco City vs New York City - Cost of Living Comparison

Updated: March 02, 2025

	Monaco City	New York City
🚶 Cost of living one person	$6593	$4441
👨‍👩‍👧‍👦 Cost of living Family	$10079	$10033
🏠 One person rent	$5638	$2960
🏘️ Family rent	$6516	$5380
🍽️ Food expenses	$705	$886
🚐 Transport expenses	$58.7	$364
💳 Monthly salary after tax	$6335	$5544
😷 Air quality	Good	Good
✈️ Airport proximity	18 km	13 km
🎓 Higher education	21	100
😀 Quality of life	63	95
🏙️ Population	38.4K	8.8M

The cost of living in Monaco City is 48% more expensive than in New York City. Cities ranked 2nd and 3rd ($6593 vs $4441) in the list of the most expensive cities in the world and ranked 2nd and 1st in Monaco and the United States, respectively. Check Monaco vs the United States comparison.

The average after-tax salary is enough to cover living expenses for 1 months in Monaco City compared to 1.2 months in New York City. Monaco City ranked 2nd best city to live in Monaco vs New York City ranked 2nd in the United States, while ranked 4590th and 22nd 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 New York City infographic

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

Prices in Monaco City vs New York City

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

	Monaco City	New York City
Eating Out
🍱 Lunch Menu	$23.1	$29.7
🥂 Dinner in a Restaurant, for 2	$74.3	$133
🥪 Fast food meal, equiv. McDonald's	$12	$12
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$7.53	$8.94
☕ Cappuccino	$4.77	$5.95
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$5.06	$3.2
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$5775	$3501
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$5319	$2603
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$6181	$4776
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$6198	$5236
🔌 Utility Bill one person, electricity, heating, water, etc.	$175	$112
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$269	$171
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$52.9	$65.5
🏦 Mortgage Interest Rate for 20 Years	3.22%	6.55%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$79784	$17935
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$66886	$12929
Transportation
🚌 Local transport ticket	$1.92	$2.91
🎟️ Monthly ticket local transport	$25.9	$132
🚕 Taxi Ride, 8 km or 5 mi	$23.7	$22.5
⛽ Gas / Petrol, 1 L or 0.26 gal	$2.05	$1
Groceries
🥛 Milk, 1 L or 1 qt	$1.54	$1.53
🍞 Bread, 0.5 kg or 1.1 lb	$3.44	$5.04
🍚 Rice, 1 kg or 2.2 lb	$2.95	$7.95
🥚 Eggs, x12	$4.41	$5.54
🧀 Cheese, 1 kg or 2.2 lb	$15.8	$17.6
🐔 Chicken Breast, 1 kg or 2.2 lb	$15	$15.4
🥩 Round Steak, 1 kg or 2.2 lb	$15.3	$20
🍏 Apples, 1 kg or 2.2 lb	$2.77	$7.6
🍌 Banana, 1 kg or 2.2 lb	$2.61	$2.37
🍊 Oranges, 1 kg or 2.2 lb	$2.52	$6.05
🍅 Tomato, 1 kg or 2.2 lb	$3.96	$6.2
🥔 Potato, 1 kg or 2.2 lb	$2.21	$3.66
🧅 Onion, 1 kg or 2.2 lb	$2.44	$3.84
🌊 Water, 1 L or 1 qt	$3.06	$1.72
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$3.5	$3.41
🍾 Wine (mid-priced), 750 mL bottle	$8.56	$20
🍺 Beer, 0.5 L or 16 fl oz	$1.97	$2.89
🚬 Cigarette pack	$11.3	$18.1
💊 Cold medicince, 1 week	$16.4	$9.89
🧴 Hair Shampoo	$11.1	$5.44
🧻 Toilet paper, 4 rolls	$3.16	$6.94
👄 Toothpaste, 1 tube	$5.49	$1.95
Other
🏋️ Gym Membership, 1 month	$79.9	$71
🎫 Cinema Ticket, 1 person	$12.3	$20.1
👩‍⚕️ Doctor's visit	$80.6	$173
💇 Haircut, simple	$35.4	$36.1
👖 Brand Jeans	$98.9	$67.3
👟 Brand Sneakers	$151	$113
👶 Daycare or Preschool, 1 month	$2055	$1784
🏫 International Primary School, 1 year	$41744	$21465

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	$6747
8.1 km or 5 mi	Menton	$1364
12 km or 7.7 mi	Nice	$1673
17 km or 10 mi	Ventimiglia	$1452
29 km or 18 mi	Antibes	$1650
30 km or 19 mi	Sanremo	$1362
38 km or 23 mi	Cannes	$1707
52 km or 32 mi	Imperia	$1344
73 km or 45 mi	Cuneo	$1074
79 km or 49 mi	Mondovi	$1203
106 km or 66 mi	Savona	$1512
132 km or 82 mi	Manosque	$1338
138 km or 86 mi	Toulon	$1308
143 km or 89 mi	Genoa	$1470
144 km or 90 mi	Asti	$1209
150 km or 93 mi	Turin	$1424
160 km or 100 mi	Aix-en-Provence	$1568
162 km or 101 mi	Alessandria	$1293
172 km or 107 mi	Marseille	$1571
173 km or 108 mi	Tortona	$1401
189 km or 117 mi	Voghera	$1389
193 km or 120 mi	Vercelli	$1202
195 km or 121 mi	Miramas	$1496
198 km or 123 mi	La Spezia	$1348
201 km or 125 mi	Bastia	$1478
210 km or 130 mi	Biella	$1162
210 km or 131 mi	Grenoble	$1434
210 km or 131 mi	Vigevano	$1503
211 km or 131 mi	Avignon	$1338
212 km or 132 mi	Pavia	$1271
213 km or 132 mi	Novara	$1157
218 km or 136 mi	Carrara	$1328
223 km or 139 mi	Aosta	$1474
228 km or 142 mi	Viareggio	$1280
228 km or 142 mi	Ajaccio	$1495
231 km or 143 mi	Buccinasco	$1576
233 km or 145 mi	Piacenza	$1334
234 km or 146 mi	Livorno	$1371
236 km or 146 mi	Chambery	$1310
238 km or 148 mi	Busto Arsizio	$1496

Cities near New York City

Distance	City	Cost of living
11 km or 6.6 mi	Astoria	$2534
11 km or 6.8 mi	Hoboken	$3271
11 km or 7.1 mi	Jersey	$3040
13 km or 8.3 mi	Union	$2886
14 km or 8.8 mi	West New York	$2703
14 km or 8.9 mi	Bayonne	$3302
15 km or 9.6 mi	North Bergen	$2701
17 km or 10 mi	Secaucus	$2756
17 km or 11 mi	Cliffside Park	$2698
18 km or 11 mi	Kearny	$2720
20 km or 12 mi	Valley Stream	$2730
20 km or 13 mi	Fort Lee	$2792
20 km or 13 mi	Lyndhurst	$2667
22 km or 14 mi	Newark	$2729
23 km or 14 mi	Elizabeth	$2740
23 km or 14 mi	Belleville	$2512
25 km or 15 mi	Hillside	$2693
25 km or 15 mi	Long Beach	$2732
25 km or 15 mi	Nutley	$2531
25 km or 16 mi	East Orange	$2587
25 km or 16 mi	Irvington	$2637
26 km or 16 mi	Rockville Centre	$2614
26 km or 16 mi	Linden	$2749
26 km or 16 mi	Hackensack	$2664
26 km or 16 mi	Bloomfield	$2480
26 km or 16 mi	Teaneck	$2715
26 km or 16 mi	Carteret	$2722
26 km or 16 mi	Passaic	$2676
27 km or 17 mi	Roselle	$2747
27 km or 17 mi	Hempstead	$2664
28 km or 17 mi	Union Township	$2716
28 km or 18 mi	Clifton	$2745
28 km or 18 mi	Maplewood	$2611
29 km or 18 mi	Montclair	$2456
29 km or 18 mi	Bergenfield	$2674
29 km or 18 mi	Mount Vernon	$2772
30 km or 18 mi	Rahway	$2730
30 km or 18 mi	Uniondale	$2610
30 km or 18 mi	West Orange	$2456
30 km or 18 mi	New Rochelle	$3111