Monaco City vs Toronto - Cost of Living Comparison

Updated: March 01, 2024

	Monaco City	Toronto
🚶 Cost of living one person	$7262	$2576
👨‍👩‍👧‍👦 Cost of living Family	$11415	$5834
🏠 One person rent	$6344	$1582
🏘️ Family rent	$7919	$2702
🍽️ Food expenses	$654	$610
🚐 Transport expenses	$51.9	$248
💳 Monthly salary after tax	$5677	$3483
😷 Air quality	Moderate	Excellent
✈️ Airport proximity	18 km	5 km
🎓 Higher education	21	86
😀 Quality of life	78	94
🏙️ Population	38.4K	2.79M

The cost of living in Monaco City is 182% more expensive than in Toronto. Cities ranked 1st and 571st ($7262 vs $2576) in the list of the most expensive cities in the world and ranked 1st and 6th in Monaco and Canada, respectively. Check Monaco vs Canada comparison.

The average after-tax salary is enough to cover living expenses for 0.8 months in Monaco City compared to 1.4 months in Toronto. Monaco City ranked 2nd best city to live in Monaco vs Toronto ranked 2nd in Canada, while ranked 566th and 36th among best cities to live in the world.

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Cost of living in Monaco City vs Toronto infographic

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Prices in Monaco City vs Toronto

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

	Monaco City	Toronto
Eating Out
🍱 Lunch Menu	$25.9	$16.8
🥂 Dinner in a Restaurant, for 2	$76.1	$71.4
🥪 Fast food meal, equiv. McDonald's	$10.8	$10.8
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$8.15	$6.53
☕ Cappuccino	$4.89	$4.13
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$5.3	$2.09
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$7348	$1662
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$5780	$1377
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$7636	$2941
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$7551	$2385
🔌 Utility Bill one person, electricity, heating, water, etc.	$189	$98.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$289	$156
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$62	$49.7
🏦 Mortgage Interest Rate for 20 Years	2.94%	6.6%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$76762	$10196
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$54309	$8230
Transportation
🚌 Local transport ticket	$2.16	$2.47
🎟️ Monthly ticket local transport	$23.7	$112
🚕 Taxi Ride, 8 km or 5 mi	$18.6	$16.4
⛽ Gas / Petrol, 1 L or 0.26 gal	$2.27	$1.18
Groceries
🥛 Milk, 1 L or 1 qt	$1.88	$2.97
🍞 Bread, 0.5 kg or 1.1 lb	$4.28	$2.59
🍚 Rice, 1 kg or 2.2 lb	$3.74	$3.04
🥚 Eggs, x12	$3.6	$3.89
🧀 Cheese, 1 kg or 2.2 lb	$16.3	$15.2
🐔 Chicken Breast, 1 kg or 2.2 lb	$10.6	$13.6
🥩 Round Steak, 1 kg or 2.2 lb	$13	$14.2
🍏 Apples, 1 kg or 2.2 lb	$2.04	$3.74
🍌 Banana, 1 kg or 2.2 lb	$2.15	$1.36
🍊 Oranges, 1 kg or 2.2 lb	$2.24	$4.01
🍅 Tomato, 1 kg or 2.2 lb	$4.27	$3.66
🥔 Potato, 1 kg or 2.2 lb	$2.1	$2.73
🧅 Onion, 1 kg or 2.2 lb	$3.21	$2.73
🌊 Water, 1 L or 1 qt	$0.97	$1.19
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$3.57	$2.55
🍾 Wine (mid-priced), 750 mL bottle	$9.11	$14
🍺 Beer, 0.5 L or 16 fl oz	$1.78	$2.47
🚬 Cigarette pack	$13.5	$13.9
💊 Cold medicince, 1 week	$13.3	$12.7
🧴 Hair Shampoo	$8.89	$6.99
🧻 Toilet paper, 4 rolls	$8.57	$3.58
👄 Toothpaste, 1 tube	$2.86	$3.37
Other
🏋️ Gym Membership, 1 month	$81.9	$52.7
🎫 Cinema Ticket, 1 person	$13	$12.7
👩‍⚕️ Doctor's visit	$83.6	$62.4
💇 Haircut, simple	$41.2	$22.5
👖 Brand Jeans	$101	$54.5
👟 Brand Sneakers	$188	$102
👶 Daycare or Preschool, 1 month	$2097	$1117
🏫 International Primary School, 1 year	$43475	$18837

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 Toronto

Distance	City	Cost of living
20 km or 13 mi	Vaughan	$2390
23 km or 14 mi	Mississauga	$2600
24 km or 15 mi	Richmond Hill	$2622
26 km or 16 mi	Markham	$2358
31 km or 19 mi	Brampton	$2128
34 km or 21 mi	Oakville	$2192
35 km or 22 mi	Ajax	$2578
46 km or 28 mi	Halton Hills	$2114
50 km or 31 mi	Oshawa	$1598
51 km or 32 mi	Burlington	$2293
54 km or 34 mi	New Tecumseth	$2082
56 km or 35 mi	St. Catharines	$2032
60 km or 37 mi	Hamilton	$2244
65 km or 40 mi	Orangeville	$2073
67 km or 41 mi	Niagara Falls	$1862
71 km or 44 mi	Niagara Falls	$1510
71 km or 44 mi	Guelph	$2218
77 km or 48 mi	Welland	$1734
81 km or 50 mi	Grand Island	$1821
81 km or 51 mi	Lockport	$1915
82 km or 51 mi	North Tonawanda	$1879
82 km or 51 mi	Cambridge	$2125
84 km or 52 mi	Barrie	$1408
89 km or 56 mi	Brantford	$1949
90 km or 56 mi	Amherst	$2072
92 km or 57 mi	Kitchener	$2084
94 km or 58 mi	Waterloo	$2217
96 km or 59 mi	Buffalo	$2194
100 km or 62 mi	Cheektowaga	$2127
100 km or 62 mi	Clarence	$2031
103 km or 64 mi	West Seneca	$2156
103 km or 64 mi	Orillia	$2004
105 km or 65 mi	Lancaster	$2074
111 km or 69 mi	Peterborough	$2049
112 km or 70 mi	Hamburg	$2085
114 km or 71 mi	Orchard Park	$2097
132 km or 82 mi	Stratford	$1816
146 km or 91 mi	Greece	$2178
146 km or 91 mi	Chili	$2151
148 km or 92 mi	Gates	$2190