Last update: Oct 2026

Cost of Living Comparison Between Austin, TX and Monte Carlo

For one person, living is cheaper in Austin, TX: $2,704 a month against $8,081 in Monte Carlo, rent and utilities included – about $64,500 less a year. Rent and utilities account for most of the difference.

129

Cost of Living Index in Austin, TX
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Austin, TX Living Index
400

Cost of Living Index in Monte Carlo
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Monte Carlo Living Index

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Austin, TX

🇺🇸 United States

$2,704

/mo nomad

Monte Carlo

🇲🇨 Monaco

$8,081

/mo nomad

Monthly Cost of Living

How much you'll spend in Austin, TX and in Monte Carlo

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Austin, TX and in Monte Carlo actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,704 in Austin, TX versus $8,081 in Monte Carlo.

Austin, TX $2,704
Monte Carlo $8,081

Estimated couple costs with rent: $4,133 in Austin, TX versus $12.7K in Monte Carlo.

Austin, TX $4,133
Monte Carlo $12.7K

Monthly costs for a family of three with rent: $5,562 in Austin, TX versus $17.3K in Monte Carlo.

Austin, TX $5,562
Monte Carlo $17.3K

Living in Austin, TX costs roughly 67% less than in Monte Carlo, and outside of rent the biggest gap is in leisure.

Both cities are pricier than the global median: Austin, TX 102% above, Monte Carlo 503% above.

Meal at Budget Restaurant

$20.22 $20.22

$41.52 €37.05

-51.30%

Three-Course Dinner for Two, Mid-Range

$85.0 $85.0

$127 €113

-32.90%

Fast Food Meal (McDonalds, etc)

$12.35 $12.35

$11.24 €10.03

9.88%

Cappuccino

$5.47 $5.47

$4.22 €3.77

29.62%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.82 $3.82

$9.19 €8.20

-58.43%

Water (0.33 liter bottle)

$2.50 $2.50

$10.41 €9.29

-75.98%

Local Beer (0.5 liter draught)

$8.06 $8.06

$10.28 €9.18

-21.60%

Imported Beer (0.33 liter bottle)

$8.99 $8.99

$13.51 €12.06

-33.46%

Milk (1 liter)

$1.13 $1.13

$2.27 €2.02

-50.22%

White Bread (500g)

$3.78 $3.78

$5.02 €4.48

-24.70%

Rice (white) (1kg)

$3.25 $3.25

$4.47 €3.99

-27.29%

Eggs

$4.14 $4.14

$4.76 €4.25

-13.03%

Local Cheese (1kg)

$13.08 $13.08

$21.69 €19.35

-39.70%

Chicken Fillets (1kg)

$14.31 $14.31

$17.16 €15.31

-16.61%

Beef Round Steak (1kg)

$15.96 $15.96

$22.20 €19.81

-28.11%

Apples (1kg)

$4.38 $4.38

$5.99 €5.34

-26.88%

Banana (1kg)

$1.45 $1.45

$7.34 €6.55

-80.25%

Oranges (1kg)

$4.54 $4.54

$4.84 €4.32

-6.20%

Tomato (1kg)

$4.19 $4.19

$8.61 €7.68

-51.34%

Potato (1kg)

$2.63 $2.63

$5.46 €4.87

-51.83%

Onion (1kg)

$2.36 $2.36

$5.63 €5.03

-58.08%

Lettuce (1 head)

$1.76 $1.76

$4.94 €4.41

-64.37%

Water (1.5 liter bottle)

$2.16 $2.16

$6.27 €5.59

-65.55%

Cigarettes 20 Pack (Marlboro, Camel)

$9.81 $9.81

$12.26 €10.94

-19.98%

Wine (Bottle)

$14.72 $14.72

$16.51 €14.73

-10.84%

Local Beer (0.5 liter bottle)

$2.78 $2.78

$1.94 €1.73

43.30%

Imported Beer (0.33 liter bottle)

$3.48 $3.48

$4.52 €4.04

-23.01%

One-way Ticket (Public Transport)

$1.49 $1.49

$1.99 €1.78

-25.13%

Public Transport Monthly Pass (Regular Price)

$40.51 $40.51

$37.72 €33.66

7.40%

Taxi Start (Normal Tariff)

$2.67 $2.67

$5.74 €5.12

-53.48%

Taxi (Normal Tariff) (1km)

$1.58 $1.58

$2.20 €1.96

-28.18%

Taxi 1hour Waiting (Normal Tariff)

$35.29 $35.29

$114 €102

-69.12%

Gasoline (1 liter)

$0.99 $0.99

$2.42 €2.16

-59.09%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$35.8K $35.8K

$54.4K €48.5K

-34.17%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$27.2K $27.2K

$42.9K €38.3K

-36.63%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$219 $219

$537 €479

-59.17%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$58.0 $58.0

$58.7 €52.4

-1.26%

Internet (50+ Mbps, Unlimited Data)

$68.4 $68.4

$95.2 €85.0

-28.22%

Gym Membership (Monthly)

$57.9 $57.9

$534 €476

-89.16%

Tennis Court (1 Hour on Weekend)

$14.82 $14.82

$55.3 €49.37

-73.21%

Cinema Ticket

$14.13 $14.13

$17.68 €15.78

-20.08%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,509 $1,509

$3,590 €3,204

-57.97%

International Primary School, 1 Child (Yearly)

$21.5K $21.5K

$16.9K €15.1K

26.70%

Jeans (Levis 501 Or Similar)

$51.7 $51.7

$221 €197

-76.65%

Summer Dress (H&M, Zara, etc)

$44.05 $44.05

$78.2 €69.8

-43.65%

Sport Shoes (Adidas, Nike)

$85.1 $85.1

$195 €174

-56.36%

Men's Leather Business Shoes

$105 $105

$278 €248

-62.15%

1-bedroom Apartment, City Center (Monthly)

$1,932 $1,932

$2,841 €2,535

-31.98%

1-bedroom Apartment, Outside City Center (Monthly)

$1,272 $1,272

$5,273 €4,705

-75.87%

3-bedroom Apartment, City Center (Monthly)

$3,670 $3,670

$11.3K €10.1K

-67.59%

3-bedroom Apartment, Outside City Center (Monthly)

$2,525 $2,525

$11.0K €9,814

-77.04%

Buy Apartment in City Center (m2)

$7,617 $7,617

$106.9K €95.4K

-92.87%

Buy Apartment Outside City Center (m2)

$3,199 $3,199

$85.5K €76.3K

-96.26%

Average Monthly Net Salary (After Tax)

$5,105 $5,105

$8,734 €7,794

-41.56%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.79

239.50%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Austin, TX: October 5, 2026

Last update for Monte Carlo: October 4, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Austin, TX

$1.3K 48.2%

Monte Carlo

$5.3K 64.7% 314% $4K

Groceries & Markets

Austin, TX

$403 15.3%

Monte Carlo

$638 7.8% 58.4% $235

Eating Out

Austin, TX

$348 13.2%

Monte Carlo

$573 7% 64.8% $225

Monthly Utilities & Internet

Austin, TX

$346 13.1%

Monte Carlo

$691 8.5% 99.9% $345

Clothing & Footwear

Austin, TX

$129 4.9%

Monte Carlo

$348 4.3% 170% $219

Sport & Entertainment

Austin, TX

$86 3.3%

Monte Carlo

$569 7% 561% $483

Getting Around

Austin, TX

$57 2.2%

Monte Carlo

$62 0.8% 9.5% $5.4

Cost Breakdown

A one-bedroom apartment in the center runs $1,932 in Austin, TX and $2,841 in Monte Carlo. Housing cost is often the main lever when comparing two cities.

Monte Carlo pays 71% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $85.0 in Austin, TX vs $127 in Monte Carlo for a mid-range dinner for two. Groceries echo the gap at $403 vs $638 per month, with Austin, TX cheaper across the board.

Good to know

🇺🇸 Austin, TX

🇲🇨 Monte Carlo

🕒 Local time

03:25 3:25 AM

10:25 10:25 AM

7 h ahead of Austin, TX

🌤 Weather

👥 Population

974,447

15,507

💱 Currency

United States Dollar USD $

Euro EUR €

📈 Exchange rate

1 USD = 0.892 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

On the map

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Highest

Between locations

Austin, TX Monte Carlo 8,820 km ≈ 12 h nonstop flight

From you

Austin, TX
Monte Carlo

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Austin, TX vs Monte Carlo: Cost of Living - Frequently Asked Questions

Austin, TX wins on cost – living expenses run 199% lower than in Monte Carlo. Housing and daily spending are where you'll feel the difference most, making Austin, TX the obvious pick if budget is a priority.

On paper, salaries run 71% lower in Monte Carlo. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,932 in Austin, TX versus $2,841 in Monte Carlo. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $2,704 per month in Austin, TX versus $8,081 in Monte Carlo – a 199% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Austin, TX runs roughly 7% less than in Monte Carlo. Both cities have functional networks, but the price difference matters if you're watching your budget.

Both cities are expensive relative to $2,000. Austin, TX is the more realistic option, but even there you'll need to be disciplined with housing, food, and fun money.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Austin, TX and Monte Carlo are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Austin, TX gentler on the wallet – expenses run 199% less than in Monte Carlo. Beyond cost, consider language, visa policies, and how big the international community is in each city.