Cost of Living Comparison Between Australia and Monaco 
| Indices Difference |  |
|---|---|
| Cost of Living in Monaco is 144.0% higher than in Australia (excluding rent) | |
| Cost of Living Including Rent in Monaco is 329.0% higher than in Australia | |
| Rent Prices in Monaco are 800.8% higher than in Australia | |
| Restaurant Prices in Monaco are 88.0% higher than in Australia | |
| Groceries Prices in Monaco are 44.7% 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$ (14.02 €) |
47.25 A$ (26.50 €) |
+89.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
120.00 A$ (67.30 €) |
267.45 A$ (150.00 €) |
+122.9 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
15.00 A$ (8.41 €) |
19.17 A$ (10.75 €) |
+27.8 % |
| Domestic Beer (1 pint draught) |
10.00 A$ (5.61 €) |
15.16 A$ (8.50 €) |
+51.6 % |
| Imported Beer (12 oz small bottle) |
11.00 A$ (6.17 €) |
14.44 A$ (8.10 €) |
+31.3 % |
| Cappuccino (regular) |
5.36 A$ (3.00 €) |
7.81 A$ (4.38 €) |
+45.7 % |
| Coke/Pepsi (12 oz small bottle) |
4.06 A$ (2.27 €) |
9.53 A$ (5.34 €) |
+134.9 % |
| Water (12 oz small bottle) |
3.33 A$ (1.87 €) |
10.71 A$ (6.01 €) |
+221.5 % |
Markets | Australia Edit |
Monaco Edit | |
| Milk (regular), (1 gallon) |
8.93 A$ (5.01 €) |
14.34 A$ (8.04 €) |
+60.5 % |
| Loaf of Fresh White Bread (1 lb) |
3.42 A$ (1.92 €) |
7.48 A$ (4.20 €) |
+118.8 % |
| Rice (white), (1 lb) |
1.45 A$ (0.81 €) |
3.00 A$ (1.68 €) |
+107.5 % |
| Eggs (regular) (12) |
6.59 A$ (3.70 €) |
8.01 A$ (4.49 €) |
+21.5 % |
| Local Cheese (1 lb) |
6.28 A$ (3.52 €) |
14.83 A$ (8.32 €) |
+136.0 % |
| Chicken Fillets (1 lb) |
5.92 A$ (3.32 €) |
14.13 A$ (7.93 €) |
+138.6 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
9.73 A$ (5.46 €) |
17.52 A$ (9.83 €) |
+80.1 % |
| Apples (1 lb) |
2.22 A$ (1.25 €) |
3.28 A$ (1.84 €) |
+47.5 % |
| Banana (1 lb) |
1.92 A$ (1.08 €) |
4.31 A$ (2.42 €) |
+125.0 % |
| Oranges (1 lb) |
2.03 A$ (1.14 €) |
2.63 A$ (1.48 €) |
+29.7 % |
| Tomato (1 lb) |
2.98 A$ (1.67 €) |
3.70 A$ (2.07 €) |
+24.1 % |
| Potato (1 lb) |
1.71 A$ (0.96 €) |
2.90 A$ (1.63 €) |
+69.4 % |
| Onion (1 lb) |
1.50 A$ (0.84 €) |
3.03 A$ (1.70 €) |
+102.4 % |
| Lettuce (1 head) |
3.39 A$ (1.90 €) |
5.71 A$ (3.20 €) |
+68.4 % |
| Water (1.5 liter bottle) |
2.32 A$ (1.30 €) |
9.81 A$ (5.50 €) |
+323.4 % |
| Bottle of Wine (Mid-Range) |
20.00 A$ (11.22 €) |
21.40 A$ (12.00 €) |
+7.0 % |
| Domestic Beer (0.5 liter bottle) |
6.88 A$ (3.86 €) |
3.04 A$ (1.71 €) |
-55.7 % |
| Imported Beer (12 oz small bottle) |
7.58 A$ (4.25 €) |
7.70 A$ (4.32 €) |
+1.6 % |
| Cigarettes 20 Pack (Marlboro) |
48.00 A$ (26.92 €) |
20.06 A$ (11.25 €) |
-58.2 % |
Transportation | Australia Edit |
Monaco Edit | |
| One-way Ticket (Local Transport) |
4.60 A$ (2.58 €) |
3.57 A$ (2.00 €) |
-22.5 % |
| Monthly Pass (Regular Price) |
150.00 A$ (84.13 €) |
39.23 A$ (22.00 €) |
-73.8 % |
| Taxi Start (Normal Tariff) |
6.00 A$ (3.37 €) |
10.34 A$ (5.80 €) |
+72.4 % |
| Taxi 1 mile (Normal Tariff) |
4.35 A$ (2.44 €) |
4.88 A$ (2.74 €) |
+12.3 % |
| Taxi 1hour Waiting (Normal Tariff) |
58.00 A$ (32.53 €) |
160.47 A$ (90.00 €) |
+176.7 % |
| Gasoline (1 gallon) |
6.94 A$ (3.89 €) |
14.17 A$ (7.95 €) |
+104.3 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
44,423.00 A$ (24,914.48 €) |
86,400.66 A$ (48,457.50 €) |
+94.5 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
34,934.26 A$ (19,592.75 €) |
80,572.27 A$ (45,188.67 €) |
+130.6 % |
Utilities (Monthly) | Australia Edit |
Monaco Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
270.21 A$ (151.54 €) |
564.80 A$ (316.76 €) |
+109.0 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
41.31 A$ (23.17 €) |
94.05 A$ (52.75 €) |
+127.7 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
81.37 A$ (45.64 €) |
102.70 A$ (57.60 €) |
+26.2 % |
Sports And Leisure | Australia Edit |
Monaco Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
73.24 A$ (41.07 €) |
597.31 A$ (335.00 €) |
+715.6 % |
| Tennis Court Rent (1 Hour on Weekend) |
25.81 A$ (14.47 €) |
69.09 A$ (38.75 €) |
+167.7 % |
| Cinema, International Release, 1 Seat |
22.00 A$ (12.34 €) |
21.40 A$ (12.00 €) |
-2.7 % |
Childcare | Australia Edit |
Monaco Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
2,431.61 A$ (1,363.76 €) |
6,478.30 A$ (3,633.33 €) |
+166.4 % |
| International Primary School, Yearly for 1 Child |
19,162.60 A$ (10,747.27 €) |
65,436.81 A$ (36,700.00 €) |
+241.5 % |
Clothing And Shoes | Australia Edit |
Monaco Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
110.45 A$ (61.95 €) |
290.19 A$ (162.75 €) |
+162.7 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
78.59 A$ (44.08 €) |
130.16 A$ (73.00 €) |
+65.6 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
157.16 A$ (88.14 €) |
308.91 A$ (173.25 €) |
+96.6 % |
| 1 Pair of Men Leather Business Shoes |
170.19 A$ (95.45 €) |
1,041.28 A$ (584.00 €) |
+511.8 % |
Rent Per Month | Australia Edit |
Monaco Edit | |
| Apartment (1 bedroom) in City Centre |
2,128.15 A$ (1,193.57 €) |
9,419.17 A$ (5,282.71 €) |
+342.6 % |
| Apartment (1 bedroom) Outside of Centre |
1,684.96 A$ (945.00 €) |
10,887.12 A$ (6,106.00 €) |
+546.1 % |
| Apartment (3 bedrooms) in City Centre |
3,580.11 A$ (2,007.89 €) |
48,810.16 A$ (27,375.00 €) |
+1,263.4 % |
| Apartment (3 bedrooms) Outside of Centre |
2,655.08 A$ (1,489.09 €) |
21,396.23 A$ (12,000.00 €) |
+705.9 % |
Buy Apartment Price | Australia Edit |
Monaco Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
965.53 A$ (541.52 €) |
10,954.52 A$ (6,143.80 €) |
+1,034.6 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
723.55 A$ (405.80 €) |
9,883.58 A$ (5,543.17 €) |
+1,266.0 % |
Salaries And Financing | Australia Edit |
Monaco Edit | |
| Average Monthly Net Salary (After Tax) |
5,539.93 A$ (3,107.05 €) |
13,358.29 A$ (7,491.95 €) |
+141.1 % |
| 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: | 1540 | 13 |
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