Monaco vs Palestine - Cost of Living Comparison

Updated:

Livingcost

Monaco Palestine
🚶 Cost of living one person
$7366
$862
👨‍👩‍👧‍👦 Cost of living Family
$11533
$2053
🏠 One person rent
$6380
$374
🏘️ Family rent
$7892
$654
🍽️ Food expenses
$713
$328
🚐 Transport expenses
$58.8
$71.1
💳 Monthly salary after tax
$6642
$757
💸 GDP per capita
$241K
$3368
😃 Human freedom index
8.7
4
❤️ Life expectancy
89.7
73.4
👮 Corruption perceptions index
82
18
🌐 English speaking %
40%
20%
🎓 Higher education
42
53
😀 Quality of life
86
39
🏙️ Population
38.4K
5.23M

The average cost of living in Monaco ($7366) is 755% more expensive than in the Palestine ($862). Monaco ranked 1st vs 110th for the Palestine in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 0.9 months in Monaco compared to 0.9 months in the Palestine. Ranked 21st and 120th best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Monaco vs Palestine infographic

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Prices in Monaco vs the Palestine

We calculate prices for Monaco and the Palestine as a population-weighted mean of 2 and 8 cities, respectively. Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information.

Monaco Palestine
Eating Out
🍱 Lunch Menu
$21.8
$7.73
🥂 Dinner in a Restaurant, for 2
$90.2
$30.7
🥪 Fast food meal, equiv. McDonald's
$12.2
$8.21
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$9.21
$4.26
 Cappuccino
$5.33
$2.41
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$4.84
$1.03
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$6695
$336
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$5958
$259
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$6813
$604
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$7685
$499
🔌 Utility Bill one person, electricity, heating, water, etc.
$195
$63.8
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$302
$98
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$79.4
$35.8
🏦 Mortgage Interest Rate for 20 Years
2.64%
14.12%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$80111
$1778
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$66091
$1356
Transportation
🚌 Local transport ticket
$2.16
$1.05
🎟️ Monthly ticket local transport
$28.3
$51
🚕 Taxi Ride, 8 km or 5 mi
$21.8
$12
 Gas / Petrol, 1 L or 0.26 gal
$2.37
$1.84
Groceries
🥛 Milk, 1 L or 1 qt
$2.18
$1.69
🍞 Bread, 0.5 kg or 1.1 lb
$5.32
$1.21
🍚 Rice, 1 kg or 2.2 lb
$4.03
$2.08
🥚 Eggs, x12
$4.25
$2.57
🧀 Cheese, 1 kg or 2.2 lb
$16.6
$7.12
🐔 Chicken Breast, 1 kg or 2.2 lb
$13.1
$6.64
🥩 Round Steak, 1 kg or 2.2 lb
$16.7
$14.6
🍏 Apples, 1 kg or 2.2 lb
$3.56
$1.81
🍌 Banana, 1 kg or 2.2 lb
$2.78
$1.23
🍊 Oranges, 1 kg or 2.2 lb
$3.37
$1.16
🍅 Tomato, 1 kg or 2.2 lb
$4.1
$1.19
🥔 Potato, 1 kg or 2.2 lb
$2.15
$0.92
🧅 Onion, 1 kg or 2.2 lb
$3.33
$0.91
🌊 Water, 1 L or 1 qt
$1
$0.52
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$3.76
$1.55
🍾 Wine (mid-priced), 750 mL bottle
$14
$14.2
🍺 Beer, 0.5 L or 16 fl oz
$1.87
$2.52
🚬 Cigarette pack
$13.1
$7.46
💊 Cold medicince, 1 week
$17.4
$5.25
🧴 Hair Shampoo
$11
$4.66
🧻 Toilet paper, 4 rolls
$3.36
$2.02
👄 Toothpaste, 1 tube
$5.95
$3.93
Other
🏋️ Gym Membership, 1 month
$84.2
$42.2
🎫 Cinema Ticket, 1 person
$14.6
$10.1
👩‍⚕️ Doctor's visit
$86.5
$28
💇 Haircut, simple
$37.5
$5.63
👖 Brand Jeans
$103
$47.1
👟 Brand Sneakers
$192
$87.2
👶 Daycare or Preschool, 1 month
$2163
$231
🏫 International Primary School, 1 year
$36628
$2479

Cost of living in other countries

Cost of living

Cities Comparison in Monaco vs the Palestine

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Cost of Living in Popular cities

In Monaco

City Cost of living Population
Monaco City
$7469
38.4K
Monte Carlo
$7107
15.2K

In the Palestine

City Cost of living Population
Ashdod
$1775
220K
Gaza
$609
590K
Hebron
$721
215K
Nablus
$730
157K
Ramallah
$952
39K
Qalqilya
$705
41.7K
Bethlehem
$934
36K
Dura
$847
28.3K