Monaco City vs Tenerife - Cost of Living Comparison

Updated: March 01, 2024

	Monaco City	Tenerife
🚶 Cost of living one person	$7262	$1659
👨‍👩‍👧‍👦 Cost of living Family	$11415	$3383
🏠 One person rent	$6344	$1051
🏘️ Family rent	$7919	$1530
🍽️ Food expenses	$654	$369
🚐 Transport expenses	$51.9	$124
💳 Monthly salary after tax	$5677	$1379
😷 Air quality	Moderate	Good
✈️ Airport proximity	18 km	25 km
🎓 Higher education	21	18
😀 Quality of life	78	62
🏙️ Population	38.4K	932K

The cost of living in Monaco City is 338% more expensive than in Tenerife. Cities ranked 1st and 2824th ($7262 vs $1659) in the list of the most expensive cities in the world and ranked 1st and 10th in Monaco and Spain, respectively. Check Monaco vs Spain comparison.

The average after-tax salary is enough to cover living expenses for 0.8 months in Monaco City compared to 0.8 months in Tenerife. Monaco City ranked 2nd best city to live in Monaco vs Tenerife ranked 74th in Spain, while ranked 566th and 5100th among best cities to live in the world.

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Cost of living in Monaco City vs Tenerife infographic

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Prices in Monaco City vs Tenerife

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

	Monaco City	Tenerife
Eating Out
🍱 Lunch Menu	$25.9	$10.7
🥂 Dinner in a Restaurant, for 2	$76.1	$46.4
🥪 Fast food meal, equiv. McDonald's	$10.8	$8.75
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$8.15	$2.79
☕ Cappuccino	$4.89	$1.7
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$5.3	$1.6
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$7348	$1057
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$5780	$913
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$7636	$1541
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$7551	$1345
🔌 Utility Bill one person, electricity, heating, water, etc.	$189	$69.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$289	$106
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$62	$39.9
🏦 Mortgage Interest Rate for 20 Years	2.94%	3.48%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$76762	$2349
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$54309	$2016
Transportation
🚌 Local transport ticket	$2.16	$1.54
🎟️ Monthly ticket local transport	$23.7	$38.7
🚕 Taxi Ride, 8 km or 5 mi	$18.6	$18.1
⛽ Gas / Petrol, 1 L or 0.26 gal	$2.27	$1.56
Groceries
🥛 Milk, 1 L or 1 qt	$1.88	$1.26
🍞 Bread, 0.5 kg or 1.1 lb	$4.28	$1.4
🍚 Rice, 1 kg or 2.2 lb	$3.74	$1.49
🥚 Eggs, x12	$3.6	$2.95
🧀 Cheese, 1 kg or 2.2 lb	$16.3	$15.6
🐔 Chicken Breast, 1 kg or 2.2 lb	$10.6	$7.38
🥩 Round Steak, 1 kg or 2.2 lb	$13	$12.5
🍏 Apples, 1 kg or 2.2 lb	$2.04	$1.92
🍌 Banana, 1 kg or 2.2 lb	$2.15	$1.99
🍊 Oranges, 1 kg or 2.2 lb	$2.24	$1.51
🍅 Tomato, 1 kg or 2.2 lb	$4.27	$2.38
🥔 Potato, 1 kg or 2.2 lb	$2.1	$1.32
🧅 Onion, 1 kg or 2.2 lb	$3.21	$1.66
🌊 Water, 1 L or 1 qt	$0.97	$0.46
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$3.57	$2.02
🍾 Wine (mid-priced), 750 mL bottle	$9.11	$4.41
🍺 Beer, 0.5 L or 16 fl oz	$1.78	$1.22
🚬 Cigarette pack	$13.5	$4.46
💊 Cold medicince, 1 week	$13.3	$8.96
🧴 Hair Shampoo	$8.89	$2.72
🧻 Toilet paper, 4 rolls	$8.57	$1.74
👄 Toothpaste, 1 tube	$2.86	$1.79
Other
🏋️ Gym Membership, 1 month	$81.9	$42.7
🎫 Cinema Ticket, 1 person	$13	$6.47
👩‍⚕️ Doctor's visit	$83.6	$70
💇 Haircut, simple	$41.2	$11.5
👖 Brand Jeans	$101	$74.1
👟 Brand Sneakers	$188	$83.1
👶 Daycare or Preschool, 1 month	$2097	$327
🏫 International Primary School, 1 year	$43475	$6126

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 Tenerife

Distance	City	Cost of living
14 km or 8.7 mi	La Orotava	$1624
17 km or 11 mi	Puerto de la Cruz	$1759
37 km or 23 mi	San Cristobal de La Laguna	$1214
41 km or 26 mi	Santa Cruz de Tenerife	$1206
112 km or 69 mi	Santa Lucia de Tirajana	$1175
116 km or 72 mi	Las Palmas	$1191
269 km or 167 mi	Puerto del Rosario	$1423
272 km or 169 mi	Corralejo	$1499
308 km or 191 mi	Arrecife	$1327
358 km or 222 mi	Laayoune	$536
487 km or 302 mi	Canico	$1044
488 km or 303 mi	Funchal	$1009
488 km or 303 mi	Camara de Lobos	$1047
490 km or 305 mi	Santa Cruz	$1048
495 km or 307 mi	Machico	$1046
715 km or 444 mi	Taghazout	$516
721 km or 448 mi	Agadir	$533
726 km or 451 mi	Ait Melloul	$508
751 km or 467 mi	Essaouira	$625
837 km or 520 mi	Safi	$470
911 km or 566 mi	Marrakesh	$609
951 km or 591 mi	El Jadida	$503
1041 km or 647 mi	Casablanca	$826
1061 km or 659 mi	Khouribga	$437
1065 km or 662 mi	Mohammedia	$627
1082 km or 672 mi	Beni Mellal	$445
1116 km or 694 mi	Temara	$574
1128 km or 701 mi	Rabat	$717
1131 km or 703 mi	Sale	$533
1135 km or 705 mi	Nouakchott	$618
1161 km or 721 mi	Kenitra	$520
1223 km or 760 mi	Meknes	$424
1230 km or 764 mi	Lagos	$1416
1241 km or 771 mi	Portimao	$1251
1245 km or 774 mi	Lagoa	$1332
1251 km or 777 mi	Silves	$1392
1253 km or 779 mi	Albufeira	$2218
1266 km or 787 mi	Faro	$1318
1271 km or 790 mi	Loule	$1494
1272 km or 791 mi	Olhao	$1328