Cost of Living Comparison Between Australia and Monaco 
| Indices Difference |  |
|---|---|
| Cost of Living in Monaco is 145.4% higher than in Australia (excluding rent) | |
| Cost of Living Including Rent in Monaco is 331.5% higher than in Australia | |
| Rent Prices in Monaco are 806.0% higher than in Australia | |
| Restaurant Prices in Monaco are 89.0% higher than in Australia | |
| Groceries Prices in Monaco are 45.5% higher than in Australia | |
| Local Purchasing Power in Monaco is 43.8% lower than in Australia | |
Restaurants | Australia Edit |
Monaco Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
25.00 A$ (13.94 €) |
47.52 A$ (26.50 €) |
+90.1 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
120.00 A$ (66.92 €) |
269.00 A$ (150.00 €) |
+124.2 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
15.00 A$ (8.36 €) |
19.28 A$ (10.75 €) |
+28.5 % |
| Domestic Beer (1 pint draught) |
10.00 A$ (5.58 €) |
15.24 A$ (8.50 €) |
+52.4 % |
| Imported Beer (12 oz small bottle) |
11.00 A$ (6.13 €) |
14.53 A$ (8.10 €) |
+32.1 % |
| Cappuccino (regular) |
5.36 A$ (2.99 €) |
7.85 A$ (4.38 €) |
+46.6 % |
| Coke/Pepsi (12 oz small bottle) |
4.06 A$ (2.26 €) |
9.58 A$ (5.34 €) |
+136.3 % |
| Water (12 oz small bottle) |
3.33 A$ (1.86 €) |
10.77 A$ (6.01 €) |
+223.3 % |
Markets | Australia Edit |
Monaco Edit | |
| Milk (regular), (1 gallon) |
8.93 A$ (4.98 €) |
14.43 A$ (8.04 €) |
+61.5 % |
| Loaf of Fresh White Bread (1 lb) |
3.42 A$ (1.91 €) |
7.52 A$ (4.20 €) |
+120.1 % |
| Rice (white), (1 lb) |
1.45 A$ (0.81 €) |
3.02 A$ (1.68 €) |
+108.7 % |
| Eggs (regular) (12) |
6.59 A$ (3.67 €) |
8.05 A$ (4.49 €) |
+22.2 % |
| Local Cheese (1 lb) |
6.28 A$ (3.50 €) |
14.91 A$ (8.32 €) |
+137.6 % |
| Chicken Fillets (1 lb) |
5.91 A$ (3.30 €) |
14.21 A$ (7.93 €) |
+140.4 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
9.73 A$ (5.43 €) |
17.62 A$ (9.83 €) |
+81.1 % |
| Apples (1 lb) |
2.22 A$ (1.24 €) |
3.29 A$ (1.84 €) |
+48.3 % |
| Banana (1 lb) |
1.92 A$ (1.07 €) |
4.34 A$ (2.42 €) |
+126.3 % |
| Oranges (1 lb) |
2.03 A$ (1.13 €) |
2.65 A$ (1.48 €) |
+30.5 % |
| Tomato (1 lb) |
2.98 A$ (1.66 €) |
3.72 A$ (2.07 €) |
+24.8 % |
| Potato (1 lb) |
1.71 A$ (0.95 €) |
2.92 A$ (1.63 €) |
+70.4 % |
| Onion (1 lb) |
1.50 A$ (0.83 €) |
3.05 A$ (1.70 €) |
+103.6 % |
| Lettuce (1 head) |
3.39 A$ (1.89 €) |
5.74 A$ (3.20 €) |
+69.4 % |
| Water (1.5 liter bottle) |
2.32 A$ (1.29 €) |
9.86 A$ (5.50 €) |
+325.8 % |
| Bottle of Wine (Mid-Range) |
20.00 A$ (11.15 €) |
21.52 A$ (12.00 €) |
+7.6 % |
| Domestic Beer (0.5 liter bottle) |
6.88 A$ (3.83 €) |
3.06 A$ (1.71 €) |
-55.5 % |
| Imported Beer (12 oz small bottle) |
7.57 A$ (4.22 €) |
7.75 A$ (4.32 €) |
+2.3 % |
| Cigarettes 20 Pack (Marlboro) |
48.00 A$ (26.77 €) |
20.17 A$ (11.25 €) |
-58.0 % |
Transportation | Australia Edit |
Monaco Edit | |
| One-way Ticket (Local Transport) |
4.60 A$ (2.57 €) |
3.59 A$ (2.00 €) |
-22.0 % |
| Monthly Pass (Regular Price) |
150.00 A$ (83.64 €) |
39.45 A$ (22.00 €) |
-73.7 % |
| Taxi Start (Normal Tariff) |
6.00 A$ (3.35 €) |
10.40 A$ (5.80 €) |
+73.4 % |
| Taxi 1 mile (Normal Tariff) |
4.35 A$ (2.42 €) |
4.91 A$ (2.74 €) |
+12.9 % |
| Taxi 1hour Waiting (Normal Tariff) |
58.00 A$ (32.34 €) |
161.40 A$ (90.00 €) |
+178.3 % |
| Gasoline (1 gallon) |
6.94 A$ (3.87 €) |
14.26 A$ (7.95 €) |
+105.5 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
44,423.00 A$ (24,771.53 €) |
86,899.24 A$ (48,457.50 €) |
+95.6 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
34,934.26 A$ (19,480.34 €) |
81,037.22 A$ (45,188.67 €) |
+132.0 % |
Utilities (Monthly) | Australia Edit |
Monaco Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
270.21 A$ (150.68 €) |
568.05 A$ (316.76 €) |
+110.2 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
41.31 A$ (23.04 €) |
94.60 A$ (52.75 €) |
+129.0 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
81.37 A$ (45.38 €) |
103.29 A$ (57.60 €) |
+26.9 % |
Sports And Leisure | Australia Edit |
Monaco Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
73.24 A$ (40.84 €) |
600.76 A$ (335.00 €) |
+720.3 % |
| Tennis Court Rent (1 Hour on Weekend) |
25.81 A$ (14.39 €) |
69.49 A$ (38.75 €) |
+169.3 % |
| Cinema, International Release, 1 Seat |
22.00 A$ (12.27 €) |
21.52 A$ (12.00 €) |
-2.2 % |
Childcare | Australia Edit |
Monaco Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
2,431.61 A$ (1,355.94 €) |
6,515.69 A$ (3,633.33 €) |
+168.0 % |
| International Primary School, Yearly for 1 Child |
19,162.60 A$ (10,685.61 €) |
65,814.42 A$ (36,700.00 €) |
+243.5 % |
Clothing And Shoes | Australia Edit |
Monaco Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
110.45 A$ (61.59 €) |
291.86 A$ (162.75 €) |
+164.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
78.59 A$ (43.82 €) |
130.91 A$ (73.00 €) |
+66.6 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
157.16 A$ (87.64 €) |
310.69 A$ (173.25 €) |
+97.7 % |
| 1 Pair of Men Leather Business Shoes |
170.19 A$ (94.90 €) |
1,047.29 A$ (584.00 €) |
+515.4 % |
Rent Per Month | Australia Edit |
Monaco Edit | |
| Apartment (1 bedroom) in City Centre |
2,128.27 A$ (1,186.78 €) |
9,473.53 A$ (5,282.71 €) |
+345.1 % |
| Apartment (1 bedroom) Outside of Centre |
1,684.96 A$ (939.58 €) |
10,949.94 A$ (6,106.00 €) |
+549.9 % |
| Apartment (3 bedrooms) in City Centre |
3,580.11 A$ (1,996.37 €) |
49,091.82 A$ (27,375.00 €) |
+1,271.2 % |
| Apartment (3 bedrooms) Outside of Centre |
2,655.08 A$ (1,480.55 €) |
21,519.70 A$ (12,000.00 €) |
+710.5 % |
Buy Apartment Price | Australia Edit |
Monaco Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
965.68 A$ (538.49 €) |
11,017.73 A$ (6,143.80 €) |
+1,040.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
723.66 A$ (403.53 €) |
9,940.61 A$ (5,543.17 €) |
+1,273.7 % |
Salaries And Financing | Australia Edit |
Monaco Edit | |
| Average Monthly Net Salary (After Tax) |
5,536.75 A$ (3,087.45 €) |
13,435.38 A$ (7,491.95 €) |
+142.7 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.36 | 2.83 | -55.5 % |
| Last update: | April 2025 | April 2025 | |
| Contributors in the past 12 months: | 1542 | 13 |
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