Monaco City vs Nicosia - Cost of Living Comparison

Updated: October 10, 2024

	Monaco City	Nicosia
🚶 Cost of living one person	$7469	$1352
👨‍👩‍👧‍👦 Cost of living Family	$11505	$3249
🏠 One person rent	$6524	$701
🏘️ Family rent	$7895	$1285
🍽️ Food expenses	$676	$434
🚐 Transport expenses	$56.6	$92.2
💳 Monthly salary after tax	$6658	$1689
😷 Air quality	Good	Moderate
✈️ Airport proximity	18 km	13 km
🎓 Higher education	21	69
😀 Quality of life	79	81
🏙️ Population	38.4K	330K

The cost of living in Monaco City is 452% more expensive than in Nicosia. Cities ranked 1st and 4220th ($7469 vs $1352) in the list of the most expensive cities in the world and ranked 1st and 6th in Monaco and Cyprus, respectively. Check Monaco vs Cyprus comparison.

The average after-tax salary is enough to cover living expenses for 0.9 months in Monaco City compared to 1.2 months in Nicosia. Monaco City ranked 1st best city to live in Monaco vs Nicosia ranked 1st in Cyprus, while ranked 613th and 469th among best cities to live in the world.

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Cost of living in Monaco City vs Nicosia infographic

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Prices in Monaco City vs Nicosia

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

	Monaco City	Nicosia
Eating Out
🍱 Lunch Menu	$21.7	$12
🥂 Dinner in a Restaurant, for 2	$79.3	$60.6
🥪 Fast food meal, equiv. McDonald's	$12.9	$7.85
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$8.89	$4.46
☕ Cappuccino	$5.78	$3.73
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$4.85	$1.57
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$7511	$631
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$5954	$506
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$6493	$1228
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$7789	$992
🔌 Utility Bill one person, electricity, heating, water, etc.	$195	$140
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$302	$216
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$63.8	$29.2
🏦 Mortgage Interest Rate for 20 Years	2.89%	3.8%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$85921	$2667
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$71911	$1828
Transportation
🚌 Local transport ticket	$2.24	$2.71
🎟️ Monthly ticket local transport	$24.7	$55.7
🚕 Taxi Ride, 8 km or 5 mi	$21.1	$16.4
⛽ Gas / Petrol, 1 L or 0.26 gal	$2.36	$1.59
Groceries
🥛 Milk, 1 L or 1 qt	$1.95	$1.89
🍞 Bread, 0.5 kg or 1.1 lb	$5.43	$1.82
🍚 Rice, 1 kg or 2.2 lb	$3.87	$2.16
🥚 Eggs, x12	$3.72	$4.21
🧀 Cheese, 1 kg or 2.2 lb	$16.6	$13.7
🐔 Chicken Breast, 1 kg or 2.2 lb	$11	$9.82
🥩 Round Steak, 1 kg or 2.2 lb	$13.3	$12.4
🍏 Apples, 1 kg or 2.2 lb	$2.6	$2.83
🍌 Banana, 1 kg or 2.2 lb	$2.77	$2.01
🍊 Oranges, 1 kg or 2.2 lb	$2.8	$1.87
🍅 Tomato, 1 kg or 2.2 lb	$4.09	$2.77
🥔 Potato, 1 kg or 2.2 lb	$2.15	$1.44
🧅 Onion, 1 kg or 2.2 lb	$3.34	$1.29
🌊 Water, 1 L or 1 qt	$1	$0.62
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$3.77	$2.48
🍾 Wine (mid-priced), 750 mL bottle	$9.56	$8.96
🍺 Beer, 0.5 L or 16 fl oz	$1.84	$1.75
🚬 Cigarette pack	$13.9	$5.66
💊 Cold medicince, 1 week	$17.3	$6.85
🧴 Hair Shampoo	$11	$3.81
🧻 Toilet paper, 4 rolls	$3.35	$2.05
👄 Toothpaste, 1 tube	$5.95	$2.86
Other
🏋️ Gym Membership, 1 month	$84.3	$61.9
🎫 Cinema Ticket, 1 person	$13.4	$11.2
👩‍⚕️ Doctor's visit	$86.5	$50.7
💇 Haircut, simple	$37.4	$11.3
👖 Brand Jeans	$103	$87.9
👟 Brand Sneakers	$191	$90.2
👶 Daycare or Preschool, 1 month	$2156	$408
🏫 International Primary School, 1 year	$44554	$7504

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 Nicosia

Distance	City	Cost of living
17 km or 11 mi	Dali	$1356
19 km or 12 mi	Kyrenia	$1216
32 km or 20 mi	Aradippou	$1242
37 km or 23 mi	Larnaca	$1559
54 km or 33 mi	Famagusta	$1331
58 km or 36 mi	Paralimni	$1150
63 km or 39 mi	Limassol	$2130
65 km or 41 mi	Ypsonas	$1832
96 km or 60 mi	Paphos	$1528
164 km or 102 mi	Mut	$627
196 km or 122 mi	Alanya	$835
213 km or 132 mi	Mersin	$789
224 km or 139 mi	Latakia	$427
224 km or 139 mi	Karaman	$536
238 km or 148 mi	Tarsus	$689
240 km or 149 mi	Tripoli	$708
243 km or 151 mi	Beirut	$1165
246 km or 153 mi	Jounieh	$948
257 km or 160 mi	Samandag	$510
259 km or 161 mi	Sidon	$767
267 km or 166 mi	Eregli	$618
269 km or 167 mi	Adana	$705
271 km or 168 mi	Tyre	$545
276 km or 171 mi	Zahle	$857
276 km or 172 mi	Antakya	$450
286 km or 178 mi	Iskenderun	$596
289 km or 180 mi	Nahariya	$1565
296 km or 184 mi	Acre	$1451
297 km or 185 mi	Ma'alot-Tarshiha	$1619
298 km or 185 mi	Kiryat Shmona	$1604
302 km or 187 mi	Ceyhan	$576
303 km or 188 mi	Haifa	$1582
304 km or 189 mi	Kiryat Bialik	$1607
304 km or 189 mi	Kiryat Yam	$1604
304 km or 189 mi	Kiryat Motzkin	$1585
308 km or 191 mi	Idlib	$516
308 km or 191 mi	Hama	$450
308 km or 191 mi	Antalya	$963
308 km or 192 mi	Karmiel	$1579
309 km or 192 mi	Kiryat Ata	$1591