Cost of Living Comparison Between Monaco and Australia 
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| Indices Difference |  |
|---|---|
| Cost of Living in Australia is 59.2% lower than in Monaco (excluding rent) | |
| Cost of Living Including Rent in Australia is 76.8% lower than in Monaco | |
| Rent Prices in Australia are 89.0% lower than in Monaco | |
| Restaurant Prices in Australia are 47.1% lower than in Monaco | |
| Groceries Prices in Australia are 31.3% lower than in Monaco | |
| Local Purchasing Power in Australia is 77.8% higher than in Monaco | |
Restaurants | Monaco Edit |
Australia Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
26.50 € (47.52 A$) |
13.94 € (25.00 A$) |
-47.4 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
150.00 € (269.00 A$) |
66.92 € (120.00 A$) |
-55.4 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
10.75 € (19.28 A$) |
8.36 € (15.00 A$) |
-22.2 % |
| Domestic Beer (1 pint draught) |
8.50 € (15.24 A$) |
5.58 € (10.00 A$) |
-34.4 % |
| Imported Beer (12 oz small bottle) |
8.10 € (14.53 A$) |
6.13 € (11.00 A$) |
-24.3 % |
| Cappuccino (regular) |
4.38 € (7.85 A$) |
2.99 € (5.36 A$) |
-31.8 % |
| Coke/Pepsi (12 oz small bottle) |
5.34 € (9.58 A$) |
2.26 € (4.06 A$) |
-57.7 % |
| Water (12 oz small bottle) |
6.01 € (10.77 A$) |
1.86 € (3.33 A$) |
-69.1 % |
Markets | Monaco Edit |
Australia Edit | |
| Milk (regular), (1 gallon) |
8.04 € (14.43 A$) |
4.98 € (8.93 A$) |
-38.1 % |
| Loaf of Fresh White Bread (1 lb) |
4.20 € (7.52 A$) |
1.91 € (3.42 A$) |
-54.6 % |
| Rice (white), (1 lb) |
1.68 € (3.02 A$) |
0.81 € (1.45 A$) |
-52.1 % |
| Eggs (regular) (12) |
4.49 € (8.05 A$) |
3.67 € (6.59 A$) |
-18.2 % |
| Local Cheese (1 lb) |
8.32 € (14.91 A$) |
3.50 € (6.28 A$) |
-57.9 % |
| Chicken Fillets (1 lb) |
7.93 € (14.21 A$) |
3.30 € (5.91 A$) |
-58.4 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
9.83 € (17.62 A$) |
5.43 € (9.73 A$) |
-44.8 % |
| Apples (1 lb) |
1.84 € (3.29 A$) |
1.24 € (2.22 A$) |
-32.6 % |
| Banana (1 lb) |
2.42 € (4.34 A$) |
1.07 € (1.92 A$) |
-55.8 % |
| Oranges (1 lb) |
1.48 € (2.65 A$) |
1.13 € (2.03 A$) |
-23.4 % |
| Tomato (1 lb) |
2.07 € (3.72 A$) |
1.66 € (2.98 A$) |
-19.9 % |
| Potato (1 lb) |
1.63 € (2.92 A$) |
0.95 € (1.71 A$) |
-41.3 % |
| Onion (1 lb) |
1.70 € (3.05 A$) |
0.83 € (1.50 A$) |
-50.9 % |
| Lettuce (1 head) |
3.20 € (5.74 A$) |
1.89 € (3.39 A$) |
-41.0 % |
| Water (1.5 liter bottle) |
5.50 € (9.86 A$) |
1.29 € (2.32 A$) |
-76.5 % |
| Bottle of Wine (Mid-Range) |
12.00 € (21.52 A$) |
11.15 € (20.00 A$) |
-7.1 % |
| Domestic Beer (0.5 liter bottle) |
1.71 € (3.06 A$) |
3.83 € (6.88 A$) |
+124.5 % |
| Imported Beer (12 oz small bottle) |
4.32 € (7.75 A$) |
4.22 € (7.57 A$) |
-2.3 % |
| Cigarettes 20 Pack (Marlboro) |
11.25 € (20.17 A$) |
26.77 € (48.00 A$) |
+137.9 % |
Transportation | Monaco Edit |
Australia Edit | |
| One-way Ticket (Local Transport) |
2.00 € (3.59 A$) |
2.57 € (4.60 A$) |
+28.3 % |
| Monthly Pass (Regular Price) |
22.00 € (39.45 A$) |
83.64 € (150.00 A$) |
+280.2 % |
| Taxi Start (Normal Tariff) |
5.80 € (10.40 A$) |
3.35 € (6.00 A$) |
-42.3 % |
| Taxi 1 mile (Normal Tariff) |
2.74 € (4.91 A$) |
2.42 € (4.35 A$) |
-11.4 % |
| Taxi 1hour Waiting (Normal Tariff) |
90.00 € (161.40 A$) |
32.34 € (58.00 A$) |
-64.1 % |
| Gasoline (1 gallon) |
7.95 € (14.26 A$) |
3.87 € (6.94 A$) |
-51.3 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
48,457.50 € (86,899.24 A$) |
24,771.53 € (44,423.00 A$) |
-48.9 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
45,188.67 € (81,037.22 A$) |
19,480.34 € (34,934.26 A$) |
-56.9 % |
Utilities (Monthly) | Monaco Edit |
Australia Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
316.76 € (568.05 A$) |
150.68 € (270.21 A$) |
-52.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
52.75 € (94.60 A$) |
23.04 € (41.31 A$) |
-56.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
57.60 € (103.29 A$) |
45.38 € (81.37 A$) |
-21.2 % |
Sports And Leisure | Monaco Edit |
Australia Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
335.00 € (600.76 A$) |
40.84 € (73.24 A$) |
-87.8 % |
| Tennis Court Rent (1 Hour on Weekend) |
38.75 € (69.49 A$) |
14.39 € (25.81 A$) |
-62.9 % |
| Cinema, International Release, 1 Seat |
12.00 € (21.52 A$) |
12.27 € (22.00 A$) |
+2.2 % |
Childcare | Monaco Edit |
Australia Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
3,633.33 € (6,515.69 A$) |
1,355.94 € (2,431.61 A$) |
-62.7 % |
| International Primary School, Yearly for 1 Child |
36,700.00 € (65,814.42 A$) |
10,685.61 € (19,162.60 A$) |
-70.9 % |
Clothing And Shoes | Monaco Edit |
Australia Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
162.75 € (291.86 A$) |
61.59 € (110.45 A$) |
-62.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
73.00 € (130.91 A$) |
43.82 € (78.59 A$) |
-40.0 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
173.25 € (310.69 A$) |
87.64 € (157.16 A$) |
-49.4 % |
| 1 Pair of Men Leather Business Shoes |
584.00 € (1,047.29 A$) |
94.90 € (170.19 A$) |
-83.7 % |
Rent Per Month | Monaco Edit |
Australia Edit | |
| Apartment (1 bedroom) in City Centre |
5,282.71 € (9,473.53 A$) |
1,186.78 € (2,128.27 A$) |
-77.5 % |
| Apartment (1 bedroom) Outside of Centre |
6,106.00 € (10,949.94 A$) |
939.58 € (1,684.96 A$) |
-84.6 % |
| Apartment (3 bedrooms) in City Centre |
27,375.00 € (49,091.82 A$) |
1,996.37 € (3,580.11 A$) |
-92.7 % |
| Apartment (3 bedrooms) Outside of Centre |
12,000.00 € (21,519.70 A$) |
1,480.55 € (2,655.08 A$) |
-87.7 % |
Buy Apartment Price | Monaco Edit |
Australia Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
6,143.80 € (11,017.73 A$) |
538.49 € (965.68 A$) |
-91.2 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
5,543.17 € (9,940.61 A$) |
403.53 € (723.66 A$) |
-92.7 % |
Salaries And Financing | Monaco Edit |
Australia Edit | |
| Average Monthly Net Salary (After Tax) |
7,491.95 € (13,435.38 A$) |
3,087.45 € (5,536.75 A$) |
-58.8 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 2.83 | 6.36 | +124.6 % |
| Last update: | April 2025 | April 2025 | |
| Contributors in the past 12 months: | 13 | 1542 |
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