Monaco vs Venezuela - Cost of Living Comparison

Monaco Venezuela
🚶 Cost of living one person
$3585
$762
👨‍👩‍👧‍👦 Cost of living Family
$8352
$1943
🏠 One person rent
$2652
$251
🏘️ Family rent
$4903
$403
🍽️ Food expenses
$675
$324
🚐 Transport expenses
$72.7
$104
💳 Monthly salary after tax
$5732
$189
💸 GDP per capita
$174K
$16056
😃 Human freedom index
8.7
4.03
❤️ Life expectancy
89.7
72.1
👮 Corruption perceptions index
82
14
🌐 English speaking %
40%
1%
🎓 Higher education
33
66
😀 Quality of life
65
19
🏙️ Population
38.4K
28.5M

The average cost of living in Monaco ($3585) is 371% more expensive than in Venezuela ($762). Monaco ranked 1st vs 107th for Venezuela in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 1.6 months in Monaco compared to 0.2 months in Venezuela. Ranked 43rd and 186th best countries to live in the world.

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the estimated difference in money purchasing power

Cost of living in Monaco vs Venezuela infographic

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Prices in Monaco vs Venezuela

We calculate prices for Monaco and Venezuela as a population-weighted mean of 2 and 77 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 Venezuela
Eating Out
🍱 Lunch Menu
$25.4
$10.4
🥂 Dinner in a Restaurant, for 2
$90.2
$33.4
🥪 Fast food meal, equiv. McDonald's
$9.42
$9.01
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$7.91
$1.64
 Cappuccino
$4.72
$2.24
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$4.79
$1.11
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$3660
$210
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$2180
$187
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$5434
$482
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$4475
$297
🔌 Utility Bill one person, electricity, heating, water, etc.
$110
$17.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$170
$26.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$66
$42.3
🏦 Mortgage Interest Rate for 20 Years
1.9%
27.31%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$62186
$759
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$43355
$587
Transportation
🚌 Local transport ticket
$2.18
$0.69
🎟️ Monthly ticket local transport
$37.1
$36.1
🚕 Taxi Ride, 8 km or 5 mi
$30.1
$24.5
 Gas / Petrol, 1 L or 0.26 gal
$2.03
$0.72
Groceries
🥛 Milk, 1 L or 1 qt
$2
$1.82
🍞 Bread, 0.5 kg or 1.1 lb
$3.18
$1.73
🍚 Rice, 1 kg or 2.2 lb
$2.75
$1.09
🥚 Eggs, x12
$3.96
$2.11
🧀 Cheese, 1 kg or 2.2 lb
$18.1
$4.26
🐔 Chicken Breast, 1 kg or 2.2 lb
$13.3
$4.99
🥩 Round Steak, 1 kg or 2.2 lb
$15.5
$4.99
🍏 Apples, 1 kg or 2.2 lb
$2.86
$4.71
🍌 Banana, 1 kg or 2.2 lb
$2.02
$0.8
🍊 Oranges, 1 kg or 2.2 lb
$2.2
$1.08
🍅 Tomato, 1 kg or 2.2 lb
$2.74
$1.37
🥔 Potato, 1 kg or 2.2 lb
$3.47
$1.51
🧅 Onion, 1 kg or 2.2 lb
$2.63
$1.68
🌊 Water, 1 L or 1 qt
$1.45
$0.72
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$3.63
$2.36
🍾 Wine (mid-priced), 750 mL bottle
$14.1
$8.81
🍺 Beer, 0.5 L or 16 fl oz
$2.07
$1.42
🚬 Cigarette pack
$8.44
$3.34
💊 Cold medicince, 1 week
$14.6
$4.75
🧴 Hair Shampoo
$7.53
$5.19
🧻 Toilet paper, 4 rolls
$7.39
$2.09
👄 Toothpaste, 1 tube
$2.55
$1.76
Other
🏋️ Gym Membership, 1 month
$101
$35.8
🎫 Cinema Ticket, 1 person
$13.5
$5.21
👩‍⚕️ Doctor's visit
$82.6
$38.5
💇 Haircut, simple
$37
$10.6
👖 Brand Jeans
$83.3
$44.7
👟 Brand Sneakers
$118
$70.6
👶 Daycare or Preschool, 1 month
$2521
$62.6
🏫 International Primary School, 1 year
$25547
$11486

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Cost of Living in Popular cities

In Monaco

City Cost of living Population
Monaco City
$3521
38.4K
Monte Carlo
$3747
15.2K

In Venezuela

City Cost of living Population
Caracas
$916
1.94M
Valencia
$869
1.48M
Barquisimeto
$798
1.06M
Barinas
$791
874K
Maracaibo
$758
1.55M
Ciudad Guayana
$846
751K
Maturin
$980
514K
Catia La Mar
$774
662K
Ciudad Bolivar
$865
568K
Maracay
$557
407K
Santa Teresa del Tuy
$756
525K
Barcelona
$701
448K
Cumana
$707
375K
Cabimas
$942
352K
Puerto la Cruz
$749
306K
Punto Fijo
$612
288K
Coro
$699
284K
San Cristobal
$691
286K
Turmero
$614
255K
Los Teques
$771
251K
Valera
$709
250K
San Felipe
$704
221K
La Victoria
$702
214K
Cua
$702
215K
El Tigre
$702
214K
Puerto Cabello
$670
209K
Guarenas
$762
209K
La Guaira
$700
204K
Merida
$551
200K
Tocuyito
$698
197K