Cost of Living in Monaco

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Restaurants
Edit Range
Meal, Inexpensive Restaurant 19.5 € 15.0-35.0
Meal for 2 People, Mid-range Restaurant, Three-course 150.0 € 120.0-220.0
McMeal at McDonalds (or Equivalent Combo Meal) 11.5 € 10.0-12.5
Domestic Beer (1 pint draught) 8.0 € 4.5-12.0
Imported Beer (12 oz small bottle) 8.0 € 6.0-12.0
Cappuccino (regular) 5.23 € 2.5-8.0
Coke/Pepsi (12 oz small bottle) 4.36 € 2.5-5.9
Water (12 oz small bottle) 6.61 € 4.21-9.0
Markets
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Milk (regular), (1 gallon) 6.62 € 5.68-7.57
Loaf of Fresh White Bread (1 lb) 4.38 € 2.14-6.35
Rice (white), (1 lb) 1.56 € 0.91-2.27
Eggs (regular) (12) 3.32 € 2.4-4.56
Local Cheese (1 lb) 6.8 €
Chicken Fillets (1 lb) 4.44 € 4.35-4.54
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5.44 € 4.08-6.8
Apples (1 lb) 1.06 € 0.75-1.36
Banana (1 lb) 1.13 € 0.91-1.36
Oranges (1 lb) 1.13 € 0.79-1.36
Tomato (1 lb) 1.68 € 0.91-2.72
Potato (1 lb) 0.88 € 0.68-1.06
Onion (1 lb) 1.36 € 0.91-1.81
Lettuce (1 head) 1.73 € 0.99-2.0
Water (1.5 liter bottle) 1.35 €
Bottle of Wine (Mid-Range) 8.5 € 5.0-12.0
Domestic Beer (0.5 liter bottle) 1.64 € 1.5-1.78
Imported Beer (12 oz small bottle) 4.48 € 3.96-5.0
Cigarettes 20 Pack (Marlboro) 12.5 € 10.0-15.0
Transportation
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One-way Ticket (Local Transport) 2.0 € 2.0-2.0
Monthly Pass (Regular Price) 22.0 € 22.0-22.0
Taxi Start (Normal Tariff) 6.6 €
Taxi 1 mile (Normal Tariff) 2.49 € 2.25-2.74
Taxi 1hour Waiting (Normal Tariff) 80.0 €
Gasoline (1 gallon) 7.97 € 7.57-8.06
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 43,177.5 € 38,000.0-48,355.0
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 34,875.0 € 30,750.0-39,000.0
Utilities (Monthly)
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Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 286.78 € 235.34-325.0
Mobile Phone Monthly Plan with Calls and 10GB+ Data 41.0 € 32.0-50.0
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 57.0 € 49.0-72.0
Sports And Leisure
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Fitness Club, Monthly Fee for 1 Adult 481.25 € 58.33-1,200.0
Tennis Court Rent (1 Hour on Weekend) 46.67 € 40.0-45.0
Cinema, International Release, 1 Seat 12.0 € 10.0-12.0
Childcare
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Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,950.0 € 700.0-3,200.0
International Primary School, Yearly for 1 Child 39,875.0 € 25,200.0-60,000.0
Clothing And Shoes
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1 Pair of Jeans (Levis 501 Or Similar) 150.33 € 75.0-179.0
1 Summer Dress in a Chain Store (Zara, H&M, ...) 60.33 € 30.0-100.0
1 Pair of Nike Running Shoes (Mid-Range) 172.67 € 100.0-199.0
1 Pair of Men Leather Business Shoes 584.0 € 453.0-800.0
Rent Per Month
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Apartment (1 bedroom) in City Centre 7,543.61 € 4,500.0-13,000.0
Apartment (1 bedroom) Outside of Centre 6,000.0 € 2,000.0-12,500.0
Apartment (3 bedrooms) in City Centre 27,833.33 € 9,000.0-60,000.0
Apartment (3 bedrooms) Outside of Centre 7,000.0 € 6,000.0-8,000.0
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 7,122.51 € 6,038.65-8,361.2
Price per Square Feet to Buy Apartment Outside of Centre 5,945.75 € 4,552.21-9,290.23
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 5,962.67 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.92 2.27-4.0

Prices in Monaco

This city had 109 entries in the past 12 months by 11 different contributors.
Last update: May 2024
Sources and References
Distribution of Expenses Using Our Statistical Model:
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1 Comments so far
Deborah Harper on Mar 15, 2024:
I chaperoned a group of students to Monaco for an event, so I wasn't familiar with bus routes and I had an injured hip. I ended up having to call for a cab, (you cannot hail a cab) they charged me 40 euros each ride for one person. When I asked for a receipt, they were not able to give me one.