Cost of Living Comparison Between Australia and Monaco Cost of Living Comparison Between Australia and Monaco

Name: Monaco
Address: MC

🙂 Solo nomad: Australia is 52.1% cheaper than Monaco without rent, and 78% cheaper with rent.

🙂 Family of 3: Australia is 53.2% cheaper than Monaco without rent, and 66.3% cheaper with rent.

Meal at Budget Restaurant

$16.57 A$24.86

$30.74 €26.50

-46.10%

Three-Course Dinner for Two, Mid-Range

$77.7 A$117

$165 €142

-52.94%

Fast Food Meal (McDonalds, etc)

$9.88 A$14.82

$12.68 €10.93

-22.08%

Cappuccino

$3.48 A$5.22

$4.32 €3.72

-19.44%

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

$2.56 A$3.84

$6.03 €5.20

-57.55%

Water (0.33 liter bottle)

$2.13 A$3.20

$7.45 €6.42

-71.41%

Local Beer (0.5 liter draught)

$6.62 A$9.93

$10.05 €8.66

-34.13%

Imported Beer (0.33 liter bottle)

$7.31 A$10.97

$9.58 €8.25

-23.70%

Milk (1 liter)

$1.51 A$2.26

$2.13 €1.84

-29.11%

White Bread (500g)

$2.49 A$3.74

$5.53 €4.76

-54.97%

Rice (white) (1kg)

$2.07 A$3.10

$4.25 €3.66

-51.29%

Eggs

$4.27 A$6.41

$5.21 €4.49

-18.04%

Local Cheese (1kg)

$8.73 A$13.10

$17.30 €14.91

-49.54%

Chicken Fillets (1kg)

$8.25 A$12.38

$19.40 €16.72

-57.47%

Beef Round Steak (1kg)

$14.17 A$21.26

$18.78 €16.19

-24.55%

Apples (1kg)

$3.27 A$4.90

$4.82 €4.16

-32.16%

Banana (1kg)

$2.68 A$4.02

$6.00 €5.17

-55.33%

Oranges (1kg)

$2.89 A$4.34

$3.72 €3.21

-22.31%

Tomato (1kg)

$4.28 A$6.42

$5.37 €4.63

-20.30%

Potato (1kg)

$2.47 A$3.70

$4.27 €3.68

-42.15%

Onion (1kg)

$2.11 A$3.16

$4.23 €3.64

-50.12%

Lettuce (1 head)

$2.30 A$3.44

$3.64 €3.14

-36.81%

Water (1.5 liter bottle)

$1.50 A$2.24

$6.84 €5.89

-78.07%

Cigarettes 20 Pack (Marlboro, Camel)

$31.81 A$47.72

$14.61 €12.59

117.73%

Wine (Bottle)

$13.45 A$20.17

$11.11 €9.57

21.06%

Local Beer (0.5 liter bottle)

$4.48 A$6.72

$1.99 €1.72

125.13%

Imported Beer (0.33 liter bottle)

$5.01 A$7.51

$5.06 €4.36

-0.99%

One-way Ticket (Public Transport)

$2.91 A$4.37

$2.35 €2.03

23.83%

Public Transport Monthly Pass (Regular Price)

$97.0 A$146

$25.16 €21.68

285.53%

Taxi Start (Normal Tariff)

$3.67 A$5.51

$6.69 €5.76

-45.14%

Taxi (Normal Tariff) (1km)

$1.81 A$2.71

$1.76 €1.51

2.84%

Taxi 1hour Waiting (Normal Tariff)

$38.37 A$57.6

$103 €88.7

-62.70%

Gasoline (1 liter)

$1.20 A$1.79

$2.40 €2.07

-50.00%

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

$29.1K A$43.6K

$55.6K €47.9K

-47.68%

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

$22.7K A$34.1K

$53.0K €45.7K

-57.11%

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

$175 A$262

$353 €304

-50.38%

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

$26.26 A$39.39

$59.3 €51.1

-55.74%

Internet (50+ Mbps, Unlimited Data)

$53.0 A$79.5

$70.1 €60.4

-24.43%

Gym Membership (Monthly)

$47.12 A$70.7

$391 €337

-87.96%

Tennis Court (1 Hour on Weekend)

$16.51 A$24.77

$44.91 €38.71

-63.24%

Cinema Ticket

$13.57 A$20.35

$13.84 €11.93

-1.95%

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

$1,588 A$2,382

$2,711 €2,337

-41.43%

International Primary School, 1 Child (Yearly)

$12.5K A$18.8K

$36.2K €31.2K

-65.35%

Jeans (Levis 501 Or Similar)

$69.7 A$105

$190 €164

-63.24%

Summer Dress (H&M, Zara, etc)

$50.7 A$76.0

$85.1 €73.3

-40.45%

Sport Shoes (Adidas, Nike)

$102 A$153

$197 €170

-48.12%

Men's Leather Business Shoes

$109 A$163

$682 €588

-84.02%

1-bedroom Apartment, City Center (Monthly)

$1,370 A$2,055

$7,007 €6,040

-80.45%

1-bedroom Apartment, Outside City Center (Monthly)

$1,076 A$1,613

$8,017 €6,911

-86.58%

3-bedroom Apartment, City Center (Monthly)

$2,270 A$3,404

$32.5K €28.0K

-93.02%

3-bedroom Apartment, Outside City Center (Monthly)

$1,772 A$2,658

$7,349 €6,334

-75.89%

Buy Apartment in City Center (m2)

$7,081 A$10.6K

$71.3K €61.5K

-90.07%

Buy Apartment Outside City Center (m2)

$5,392 A$8,088

$64.2K €55.3K

-91.60%

Average Monthly Net Salary (After Tax)

$3,742 A$5,614

$8,791 €7,578

-57.43%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.35

2.83

124.38%

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

Last update for Australia: January 10, 2026

Last update for Monaco: January 12, 2026

Digital Nomad Cost of Living Index

Cost of Living Comparison Between Australia and Monaco Cost of Living Comparison Between Australia and Monaco

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