Last update: Oct 2026

Cost of Living Comparison Between Monaco and Austin, TX

For one person, living is cheaper in Austin, TX: $2,704 a month against $10.4K in Monaco, rent and utilities included – about $92,600 less a year. Rent and utilities account for most of the difference.

506

Cost of Living Index in Monaco
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Monaco Living Index
129

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

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Monaco

🇲🇨 Monaco

$10.4K

/mo nomad

Austin, TX

🇺🇸 United States

$2,704

/mo nomad

Monthly Cost of Living

How much you'll spend in Monaco and in Austin, TX

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

Monthly costs for one person with rent: $10.4K in Monaco versus $2,704 in Austin, TX.

Monaco $10.4K
Austin, TX $2,704

Estimated couple costs with rent: $11.9K in Monaco versus $4,133 in Austin, TX.

Monaco $11.9K
Austin, TX $4,133

Monthly costs for a family of three with rent: $13.5K in Monaco versus $5,562 in Austin, TX.

Monaco $13.5K
Austin, TX $5,562

Living in Monaco is roughly 286% more expensive than in Austin, TX, and outside of rent the biggest gap is in clothing.

Both cities are pricier than the global median: Monaco 678% above, Austin, TX 102% above.

Meal at Budget Restaurant

$19.41 €17.32

$20.22 $20.22

-4.01%

Three-Course Dinner for Two, Mid-Range

$168 €150

$85.0 $85.0

98.14%

Fast Food Meal (McDonalds, etc)

$12.48 €11.14

$12.35 $12.35

1.05%

Cappuccino

$3.80 €3.39

$5.47 $5.47

-30.53%

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

$6.21 €5.55

$3.82 $3.82

62.57%

Water (0.33 liter bottle)

$4.40 €3.93

$2.50 $2.50

76.00%

Local Beer (0.5 liter draught)

$10.16 €9.07

$8.06 $8.06

26.05%

Imported Beer (0.33 liter bottle)

$8.87 €7.92

$8.99 $8.99

-1.33%

Milk (1 liter)

$1.83 €1.63

$1.13 $1.13

61.95%

White Bread (500g)

$3.29 €2.94

$3.78 $3.78

-12.96%

Rice (white) (1kg)

$4.18 €3.73

$3.25 $3.25

28.62%

Eggs

$4.79 €4.27

$4.14 $4.14

15.70%

Local Cheese (1kg)

$13.80 €12.32

$13.08 $13.08

5.50%

Chicken Fillets (1kg)

$16.97 €15.14

$14.31 $14.31

18.59%

Beef Round Steak (1kg)

$18.13 €16.18

$15.96 $15.96

13.60%

Apples (1kg)

$3.23 €2.89

$4.38 $4.38

-26.26%

Banana (1kg)

$2.86 €2.55

$1.45 $1.45

97.24%

Oranges (1kg)

$2.73 €2.44

$4.54 $4.54

-39.87%

Tomato (1kg)

$3.57 €3.18

$4.19 $4.19

-14.80%

Potato (1kg)

$2.51 €2.24

$2.63 $2.63

-4.56%

Onion (1kg)

$2.85 €2.55

$2.36 $2.36

20.76%

Lettuce (1 head)

$1.89 €1.69

$1.76 $1.76

7.39%

Water (1.5 liter bottle)

$7.71 €6.88

$2.16 $2.16

256.94%

Cigarettes 20 Pack (Marlboro, Camel)

$14.06 €12.55

$9.81 $9.81

43.32%

Wine (Bottle)

$6.85 €6.11

$14.72 $14.72

-53.46%

Local Beer (0.5 liter bottle)

$1.62 €1.45

$2.78 $2.78

-41.73%

Imported Beer (0.33 liter bottle)

$4.56 €4.07

$3.48 $3.48

31.03%

One-way Ticket (Public Transport)

$2.21 €1.97

$1.49 $1.49

48.32%

Public Transport Monthly Pass (Regular Price)

$23.31 €20.80

$40.51 $40.51

-42.46%

Taxi Start (Normal Tariff)

$2.67 $2.67

Taxi (Normal Tariff) (1km)

$1.55 €1.38

$1.58 $1.58

-1.90%

Taxi 1hour Waiting (Normal Tariff)

$90.2 €80.5

$35.29 $35.29

155.71%

Gasoline (1 liter)

$2.30 €2.05

$0.99 $0.99

132.32%

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

$48.4K €43.2K

$35.8K $35.8K

35.18%

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

$39.8K €35.5K

$27.2K $27.2K

46.56%

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

$422 €376

$219 $219

92.32%

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

$42.56 €37.98

$58.0 $58.0

-26.61%

Internet (50+ Mbps, Unlimited Data)

$63.9 €57.0

$68.4 $68.4

-6.50%

Gym Membership (Monthly)

$223 €199

$57.9 $57.9

285.53%

Tennis Court (1 Hour on Weekend)

$54.1 €48.31

$14.82 $14.82

265.25%

Cinema Ticket

$13.56 €12.10

$14.13 $14.13

-4.03%

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

$2,176 €1,942

$1,509 $1,509

44.21%

International Primary School, 1 Child (Yearly)

$45.4K €40.5K

$21.5K $21.5K

111.69%

Jeans (Levis 501 Or Similar)

$151 €135

$51.7 $51.7

192.04%

Summer Dress (H&M, Zara, etc)

$84.0 €74.9

$44.05 $44.05

90.58%

Sport Shoes (Adidas, Nike)

$169 €151

$85.1 $85.1

99.05%

Men's Leather Business Shoes

$726 €648

$105 $105

589.74%

1-bedroom Apartment, City Center (Monthly)

$9,011 €8,041

$1,932 $1,932

366.36%

1-bedroom Apartment, Outside City Center (Monthly)

$8,111 €7,238

$1,272 $1,272

537.44%

3-bedroom Apartment, City Center (Monthly)

$16.4K €14.7K

$3,670 $3,670

348.07%

3-bedroom Apartment, Outside City Center (Monthly)

$8,521 €7,605

$2,525 $2,525

237.49%

Buy Apartment in City Center (m2)

$71.4K €63.7K

$7,617 $7,617

836.75%

Buy Apartment Outside City Center (m2)

$55.0K €49.1K

$3,199 $3,199

1619.84%

Average Monthly Net Salary (After Tax)

$8,805 €7,857

$5,105 $5,105

72.49%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.25

6.79

-52.14%

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

Last update for Monaco: October 5, 2026

Last update for Austin, TX: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Monaco

$8.1K 79%

Austin, TX

$1.3K 48.2% 84.3% $6.8K

Monthly Utilities & Internet

Monaco

$528 5.2%

Austin, TX

$346 13.1% 34.6% $183

Clothing & Footwear

Monaco

$509 5%

Austin, TX

$129 4.9% 74.7% $380

Groceries & Markets

Monaco

$474 4.6%

Austin, TX

$403 15.3% 15% $71

Eating Out

Monaco

$349 3.4%

Austin, TX

$348 13.2% 0.3% $1.2

Sport & Entertainment

Monaco

$250 2.4%

Austin, TX

$86 3.3% 65.6% $164

Getting Around

Monaco

$40 * 0.4%

Austin, TX

$57 2.2% 42.8% $17

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $9,011 in Monaco and $1,932 in Austin, TX. Housing cost is often the main lever when comparing two cities.

Monaco pays 72% 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: $168 in Monaco vs $85.0 in Austin, TX for a mid-range dinner for two. Groceries echo the gap at $474 vs $403 per month, with Austin, TX cheaper across the board.

Good to know

🇲🇨 Monaco

🇺🇸 Austin, TX

🕒 Local time

08:30 8:30 AM

01:30 1:30 AM

7 h behind Monaco

🌤 Weather

👥 Population

39,050 Capital

974,447

💱 Currency

Euro EUR €

United States Dollar USD $

📈 Exchange rate

1 EUR = 1.12 USD

1 USD = 0.892 EUR

Exchange rates and currency converter

On the map

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Between locations

Monaco Austin, TX 8,820 km ≈ 12 h nonstop flight

From you

Monaco
Austin, TX

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

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

Austin, TX wins on cost – living expenses run 286% lower than in Monaco. Housing and daily spending are where you'll feel the difference most, making Austin, TX the obvious pick if budget is a priority.

Average pay runs 72% higher in Monaco, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $9,011 in Monaco versus $1,932 in Austin, TX. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $10.4K per month in Monaco versus $2,704 in Austin, TX – a 286% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Austin, TX runs roughly 74% less than in Monaco. 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, Monaco and Austin, TX 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 286% less than in Monaco. Beyond cost, consider language, visa policies, and how big the international community is in each city.