Monaco City vs Palermo - Cost of Living Comparison

Updated:

Livingcost

Monaco City Palermo
🚶 Cost of living one person
$7469
$1211
👨‍👩‍👧‍👦 Cost of living Family
$11505
$2938
🏠 One person rent
$6524
$539
🏘️ Family rent
$7895
$917
🍽️ Food expenses
$676
$434
🚐 Transport expenses
$56.6
$114
💳 Monthly salary after tax
$6658
$1406
😷 Air quality
Good
Good
✈️ Airport proximity
18 km
4 km
🎓 Higher education
21
19
😀 Quality of life
79
75
🏙️ Population
38.4K
630K

The cost of living in Monaco City is 517% more expensive than in Palermo. Cities ranked 1st and 4571st ($7469 vs $1211) in the list of the most expensive cities in the world and ranked 1st and 118th in Monaco and Italy, respectively. Check Monaco vs Italy 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 Palermo. Monaco City ranked 1st best city to live in Monaco vs Palermo ranked 46th in Italy, while ranked 613th and 1004th among best cities to live in the world.

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Cost of living in Monaco City vs Palermo infographic

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Prices in Monaco City vs Palermo

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

Monaco City Palermo
Eating Out
🍱 Lunch Menu
$21.7
$11.5
🥂 Dinner in a Restaurant, for 2
$79.3
$46.9
🥪 Fast food meal, equiv. McDonald's
$12.9
$10
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$8.89
$5.35
☕ Cappuccino
$5.78
$1.93
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$4.85
$2
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$7511
$558
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$5954
$361
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$6493
$869
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$7789
$680
🔌 Utility Bill one person, electricity, heating, water, etc.
$195
$113
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$302
$173
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$63.8
$26.1
🏦 Mortgage Interest Rate for 20 Years
2.89%
4.71%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$85921
$2248
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$71911
$1066
Transportation
🚌 Local transport ticket
$2.24
$1.56
🎟️ Monthly ticket local transport
$24.7
$39
🚕 Taxi Ride, 8 km or 5 mi
$21.1
$18.6
⛽ Gas / Petrol, 1 L or 0.26 gal
$2.36
$1.97
Groceries
🥛 Milk, 1 L or 1 qt
$1.95
$1.3
🍞 Bread, 0.5 kg or 1.1 lb
$5.43
$1.58
🍚 Rice, 1 kg or 2.2 lb
$3.87
$2.08
🥚 Eggs, x12
$3.72
$3.18
🧀 Cheese, 1 kg or 2.2 lb
$16.6
$11.8
🐔 Chicken Breast, 1 kg or 2.2 lb
$11
$10.8
🥩 Round Steak, 1 kg or 2.2 lb
$13.3
$16.7
🍏 Apples, 1 kg or 2.2 lb
$2.6
$2.39
🍌 Banana, 1 kg or 2.2 lb
$2.77
$2.39
🍊 Oranges, 1 kg or 2.2 lb
$2.8
$2.62
🍅 Tomato, 1 kg or 2.2 lb
$4.09
$2.83
🥔 Potato, 1 kg or 2.2 lb
$2.15
$1.52
🧅 Onion, 1 kg or 2.2 lb
$3.34
$1.18
🌊 Water, 1 L or 1 qt
$1
$0.26
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$3.77
$2.5
🍾 Wine (mid-priced), 750 mL bottle
$9.56
$7.93
🍺 Beer, 0.5 L or 16 fl oz
$1.84
$2.5
🚬 Cigarette pack
$13.9
$5.96
💊 Cold medicince, 1 week
$17.3
$10.5
🧴 Hair Shampoo
$11
$3
🧻 Toilet paper, 4 rolls
$3.35
$1.95
👄 Toothpaste, 1 tube
$5.95
$1.9
Other
🏋️ Gym Membership, 1 month
$84.3
$44.7
🎫 Cinema Ticket, 1 person
$13.4
$8.69
👩‍⚕️ Doctor's visit
$86.5
$74
💇 Haircut, simple
$37.4
$10.5
👖 Brand Jeans
$103
$75.5
👟 Brand Sneakers
$191
$90.5
👶 Daycare or Preschool, 1 month
$2156
$314
🏫 International Primary School, 1 year
$44554
$7103

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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 Palermo

Distance City Cost of living
75 km or 46 mi Trapani
$1005
89 km or 55 mi Marsala
$1086
91 km or 57 mi Agrigento
$1031
140 km or 87 mi Niscemi
$1134
140 km or 87 mi Gela
$990
166 km or 103 mi Catania
$1229
179 km or 111 mi Ragusa
$1172
192 km or 119 mi Messina
$1157
200 km or 124 mi Reggio Calabria
$1160
206 km or 128 mi Syracuse
$1188
246 km or 153 mi Vibo Valentia
$1356
258 km or 160 mi St. Paul's Bay
$1649
263 km or 163 mi Naxxar
$1519
264 km or 164 mi Mosta
$1434
265 km or 164 mi San Gwann
$1643
265 km or 165 mi Sliema
$1771
265 km or 165 mi Birkirkara
$1591
266 km or 165 mi Gzira
$1747
267 km or 166 mi Valletta
$1649
270 km or 168 mi Zabbar
$1334
272 km or 169 mi Marsaskala
$1341
273 km or 169 mi Lamezia Terme
$1567
283 km or 176 mi Cosenza
$1057
294 km or 183 mi Catanzaro
$1212
297 km or 185 mi Nabeul
$442
300 km or 186 mi Amalfi
$1632
301 km or 187 mi La Marsa
$522
303 km or 188 mi Castellammare di Stabia
$1400
309 km or 192 mi Salerno
$1473
312 km or 194 mi Naples
$1449
312 km or 194 mi Aryanah
$490
317 km or 197 mi Tunis
$563
321 km or 199 mi Bizerte
$344
321 km or 200 mi Giugliano in Campania
$1320
324 km or 201 mi Frattamaggiore
$1323
335 km or 208 mi Avellino
$1208
338 km or 210 mi Aversa
$1148
339 km or 210 mi Caserta
$1294
339 km or 210 mi Santa Maria Capua Vetere
$1148
344 km or 214 mi Crotone
$1272