Last update: Oct 2026

Cost of Living Comparison Between London and Monaco

Name: Monaco
Address: MC

For one person, living is cheaper in London: $4,086 a month against $9,142 in Monaco, rent and utilities included – about $60,700 less a year. Rent and utilities account for most of the difference.

196

Cost of Living Index in London
Learn more

London Living Index
442

Cost of Living Index in Monaco
Learn more

Monaco Living Index

Jump to prices

London

🇬🇧 United Kingdom

$4,086

/mo nomad

🇲🇨 Monaco

$9,142

/mo nomad

🙂 Solo nomad: London is 28.5% cheaper than Monaco without rent, and 55.3% cheaper with rent.

🙂 Family of 3: London is 32.6% cheaper than Monaco without rent, and 49.4% cheaper with rent.

Meal at Budget Restaurant

$26.62 £20.11

$28.01 €25.00

-4.96%

Three-Course Dinner for Two, Mid-Range

$108 £81.3

$161 €144

-33.23%

Fast Food Meal (McDonalds, etc)

$10.39 £7.85

$12.67 €11.31

-18.00%

Cappuccino

$5.79 £4.38

$4.24 €3.78

36.56%

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

$3.01 £2.27

$5.88 €5.25

-48.81%

Water (0.33 liter bottle)

$2.15 £1.63

$7.57 €6.75

-71.60%

Local Beer (0.5 liter draught)

$9.35 £7.06

$10.24 €9.13

-8.69%

Imported Beer (0.33 liter bottle)

$7.84 £5.93

$9.77 €8.72

-19.75%

Milk (1 liter)

$1.79 £1.35

$1.85 €1.65

-3.24%

White Bread (500g)

$2.06 £1.56

$4.50 €4.02

-54.22%

Rice (white) (1kg)

$2.31 £1.74

$3.69 €3.30

-37.40%

Eggs

$5.05 £3.82

$5.12 €4.57

-1.37%

Local Cheese (1kg)

$12.57 £9.50

$17.98 €16.05

-30.09%

Chicken Fillets (1kg)

$10.66 £8.05

$18.99 €16.95

-43.87%

Beef Round Steak (1kg)

$17.13 £12.94

$22.45 €20.03

-23.70%

Apples (1kg)

$3.03 £2.29

$3.80 €3.39

-20.26%

Banana (1kg)

$1.41 £1.07

$6.01 €5.37

-76.54%

Oranges (1kg)

$3.05 £2.31

$3.72 €3.32

-18.01%

Tomato (1kg)

$3.38 £2.56

$6.13 €5.47

-44.86%

Potato (1kg)

$1.67 £1.26

$4.74 €4.23

-64.77%

Onion (1kg)

$1.73 £1.31

$4.95 €4.41

-65.05%

Lettuce (1 head)

$1.41 £1.07

$3.63 €3.24

-61.16%

Water (1.5 liter bottle)

$1.79 £1.35

$6.75 €6.03

-73.48%

Cigarettes 20 Pack (Marlboro, Camel)

$23.22 £17.55

$15.54 €13.86

49.42%

Wine (Bottle)

$12.99 £9.82

$7.70 €6.87

68.70%

Local Beer (0.5 liter bottle)

$3.18 £2.40

$1.97 €1.76

61.42%

Imported Beer (0.33 liter bottle)

$4.41 £3.33

$4.40 €3.92

0.23%

One-way Ticket (Public Transport)

$3.87 £2.93

$2.26 €2.02

71.24%

Public Transport Monthly Pass (Regular Price)

$250 £189

$24.42 €21.80

923.96%

Taxi Start (Normal Tariff)

$5.71 £4.31

$5.44 €4.86

4.96%

Taxi (Normal Tariff) (1km)

$3.33 £2.51

$1.97 €1.75

69.04%

Taxi 1hour Waiting (Normal Tariff)

$57.9 £43.76

$99.3 €88.7

-41.71%

Gasoline (1 liter)

$2.04 £1.54

$2.32 €2.07

-12.07%

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

$37.5K £28.4K

$54.2K €48.4K

-30.75%

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

$40.9K £30.9K

$50.7K €45.2K

-19.31%

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

$376 £284

$403 €360

-6.72%

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

$17.88 £13.51

$53.7 €47.88

-66.68%

Internet (50+ Mbps, Unlimited Data)

$40.01 £30.24

$68.9 €61.4

-41.89%

Gym Membership (Monthly)

$61.2 £46.22

$283 €252

-78.38%

Tennis Court (1 Hour on Weekend)

$21.07 £15.93

$52.3 €46.70

-59.74%

Cinema Ticket

$17.95 £13.57

$13.50 €12.05

32.96%

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

$2,865 £2,165

$2,637 €2,353

8.66%

International Primary School, 1 Child (Yearly)

$35.3K £26.7K

$35.0K €31.2K

1.05%

Jeans (Levis 501 Or Similar)

$116 £87.7

$195 €174

-40.62%

Summer Dress (H&M, Zara, etc)

$54.1 £40.87

$81.3 €72.6

-33.51%

Sport Shoes (Adidas, Nike)

$127 £95.7

$193 €173

-34.50%

Men's Leather Business Shoes

$159 £120

$586 €523

-72.81%

1-bedroom Apartment, City Center (Monthly)

$2,853 £2,156

$9,331 €8,327

-69.42%

1-bedroom Apartment, Outside City Center (Monthly)

$2,301 £1,739

$6,752 €6,026

-65.92%

3-bedroom Apartment, City Center (Monthly)

$5,201 £3,931

$13.7K €12.2K

-62.08%

3-bedroom Apartment, Outside City Center (Monthly)

$3,723 £2,813

$9,294 €8,294

-59.94%

Buy Apartment in City Center (m2)

$19.0K £14.4K

$72.4K €64.7K

-73.76%

Buy Apartment Outside City Center (m2)

$7,881 £5,955

$69.4K €61.9K

-88.64%

Average Monthly Net Salary (After Tax)

$4,818 £3,641

$9,270 €8,272

-48.03%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.65

2.83

64.31%

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

Last update for London: October 4, 2026

Last update for Monaco: October 4, 2026

Monthly budget structure

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

Accommodation & Living

London

$2.3K 56.5%

Monaco

$6.8K 74.1% 193% $4.5K

Monthly Utilities & Internet

London

$434 10.7%

Monaco

$526 5.8% 21.1% $92

Eating Out

London

$397 9.7%

Monaco

$437 4.8% 10.3% $41

Groceries & Markets

London

$349 8.6%

Monaco

$569 6.2% 63% $220

Getting Around

London

$288 7.1%

Monaco

$49 0.5% 83.1% $239

Clothing & Footwear

London

$205 5%

Monaco

$475 5.2% 132% $270

Sport & Entertainment

London

$97 2.4%

Monaco

$310 3.4% 219% $213

Good to know

🇬🇧 London

🇲🇨 Monaco

🕒 Local time

06:01 6:01 AM

07:01 7:01 AM

1 h ahead of London

🌤 Weather

👥 Population

8,908,083 Capital

38,350

💱 Currency

British Pound GBP £

Euro EUR €

📈 Exchange rate

1 GBP = 1.32 USD

1 GBP = 1.18 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to GBP – British Pound Converter

🇺🇸 United States Dollar ($)

🇬🇧 British Pound (£)

British Pound exchange rates as of October 10, 2026: 1 USD = 0.756 GBP (1 GBP = 1.32 USD). 1 EUR = 0.848 GBP (1 GBP = 1.18 EUR).

Euro exchange rates as of October 10, 2026: 1 USD = 0.892 EUR (1 EUR = 1.12 USD).

USD to GBP in detail →

On the map

Lowest

Highest

Between locations

London Monaco 1,030 km ≈ 1 h 45 min nonstop flight

From you

London
Monaco

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

London vs other spots: cost of living compared

Similar cities

Los Angeles, CA

🇺🇸 United States

Geneva

🇨🇭 Switzerland

San Diego, CA

🇺🇸 United States

Washington, DC

🇺🇸 United States

Reykjavik

🇮🇸 Iceland

Honolulu, HI

🇺🇸 United States

Irvine, CA

🇺🇸 United States

Winterthur

🇨🇭 Switzerland