Last update: Oct 2026

Cost of Living Comparison Between Monaco and Lisbon

For one person, living is cheaper in Lisbon: $2,202 a month against $10.4K in Monaco, rent and utilities included – about $98,600 less a year. Rent and utilities account for most of the difference.

504

Cost of Living Index in Monaco
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Monaco Living Index
107

Cost of Living Index in Lisbon
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Lisbon Living Index

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Monaco

🇲🇨 Monaco

$10.4K

/mo nomad

Lisbon

🇵🇹 Portugal

$2,202

/mo nomad

Monthly Cost of Living

How much you'll spend in Monaco and in Lisbon

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 Lisbon actually costs, broken down by who's living it.

Monthly costs for one person with rent: $10.4K in Monaco versus $2,202 in Lisbon.

Monaco $10.4K
Lisbon $2,202

Estimated couple costs with rent: $11.9K in Monaco versus $3,274 in Lisbon.

Monaco $11.9K
Lisbon $3,274

Monthly costs for a family of three with rent: $13.4K in Monaco versus $4,346 in Lisbon.

Monaco $13.4K
Lisbon $4,346

Living in Monaco is roughly 373% more expensive than in Lisbon, and outside of rent the biggest gap is in clothing.

Both cities are pricier than the global median: Monaco 669% above, Lisbon 62% above.

Meal at Budget Restaurant

$19.81 €17.62

$17.04 €15.15

16.26%

Three-Course Dinner for Two, Mid-Range

$166 €148

$62.3 €55.4

166.58%

Fast Food Meal (McDonalds, etc)

$12.38 €11.01

$11.02 €9.80

12.34%

Cappuccino

$3.61 €3.21

$3.12 €2.78

15.71%

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

$6.11 €5.43

$2.27 €2.02

169.16%

Water (0.33 liter bottle)

$4.57 €4.07

$1.74 €1.55

162.64%

Local Beer (0.5 liter draught)

$9.98 €8.87

$3.42 €3.04

191.81%

Imported Beer (0.33 liter bottle)

$8.70 €7.74

$3.74 €3.33

132.62%

Milk (1 liter)

$1.82 €1.62

$1.17 €1.04

55.56%

White Bread (500g)

$3.24 €2.88

$1.86 €1.66

74.19%

Rice (white) (1kg)

$4.08 €3.63

$1.54 €1.37

164.94%

Eggs

$4.97 €4.42

$4.06 €3.61

22.41%

Local Cheese (1kg)

$13.90 €12.36

$12.91 €11.49

7.67%

Chicken Fillets (1kg)

$16.91 €15.04

$7.90 €7.03

114.05%

Beef Round Steak (1kg)

$18.47 €16.43

$17.64 €15.69

4.71%

Apples (1kg)

$3.25 €2.89

$2.26 €2.01

43.81%

Banana (1kg)

$2.73 €2.43

$1.75 €1.55

56.00%

Oranges (1kg)

$2.69 €2.39

$1.89 €1.68

42.33%

Tomato (1kg)

$3.57 €3.17

$2.56 €2.27

39.45%

Potato (1kg)

$2.37 €2.10

$1.85 €1.64

28.11%

Onion (1kg)

$2.85 €2.54

$1.97 €1.75

44.67%

Lettuce (1 head)

$1.89 €1.68

$1.45 €1.29

30.34%

Water (1.5 liter bottle)

$7.79 €6.93

$0.77 €0.69

911.69%

Cigarettes 20 Pack (Marlboro, Camel)

$14.26 €12.69

$6.71 €5.97

112.52%

Wine (Bottle)

$6.61 €5.88

$5.67 €5.04

16.58%

Local Beer (0.5 liter bottle)

$1.56 €1.39

$1.37 €1.22

13.87%

Imported Beer (0.33 liter bottle)

$4.40 €3.92

$2.11 €1.88

108.53%

One-way Ticket (Public Transport)

$2.27 €2.02

$2.32 €2.07

-2.16%

Public Transport Monthly Pass (Regular Price)

$23.50 €20.90

$44.43 €39.52

-47.11%

Taxi Start (Normal Tariff)

$3.95 €3.51

Taxi (Normal Tariff) (1km)

$1.61 €1.43

$1.05 €0.93

53.33%

Taxi 1hour Waiting (Normal Tariff)

$90.6 €80.6

$17.15 €15.26

428.45%

Gasoline (1 liter)

$2.23 €1.98

$2.19 €1.95

1.83%

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

$48.8K €43.4K

$33.8K €30.0K

44.38%

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

$38.4K €34.2K

$38.3K €34.0K

0.38%

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

$424 €377

$164 €146

158.54%

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

$42.44 €37.75

$18.48 €16.43

129.65%

Internet (50+ Mbps, Unlimited Data)

$62.7 €55.7

$32.96 €29.32

90.08%

Gym Membership (Monthly)

$229 €204

$45.87 €40.80

399.02%

Tennis Court (1 Hour on Weekend)

$52.6 €46.74

$18.68 €16.61

181.32%

Cinema Ticket

$13.53 €12.03

$9.75 €8.67

38.77%

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

$2,155 €1,917

$684 €608

214.99%

International Primary School, 1 Child (Yearly)

$44.4K €39.5K

$17.6K €15.7K

151.81%

Jeans (Levis 501 Or Similar)

$152 €136

$104 €92.3

46.94%

Summer Dress (H&M, Zara, etc)

$82.0 €72.9

$46.20 €41.09

77.49%

Sport Shoes (Adidas, Nike)

$170 €151

$99.7 €88.7

70.63%

Men's Leather Business Shoes

$722 €642

$125 €111

478.68%

1-bedroom Apartment, City Center (Monthly)

$9,333 €8,302

$1,589 €1,414

487.22%

1-bedroom Apartment, Outside City Center (Monthly)

$8,266 €7,353

$1,169 €1,040

607.08%

3-bedroom Apartment, City Center (Monthly)

$16.5K €14.7K

$2,851 €2,536

480.01%

3-bedroom Apartment, Outside City Center (Monthly)

$8,429 €7,498

$1,993 €1,773

322.91%

Buy Apartment in City Center (m2)

$72.1K €64.2K

$7,793 €6,932

825.52%

Buy Apartment Outside City Center (m2)

$55.0K €48.9K

$4,418 €3,930

1144.74%

Average Monthly Net Salary (After Tax)

$8,751 €7,784

$1,600 €1,423

446.98%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.25

3.85

-15.58%

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

Last update for Monaco: October 19, 2026

Last update for Lisbon: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Monaco

$8.3K 79.3%

Lisbon

$1.2K 53.1% 85.9% $7.1K

Monthly Utilities & Internet

Monaco

$529 5.1%

Lisbon

$215 9.8% 59.3% $313

Clothing & Footwear

Monaco

$507 4.9%

Lisbon

$168 7.7% 66.8% $338

Groceries & Markets

Monaco

$473 4.5%

Lisbon

$273 12.4% 42.3% $200

Eating Out

Monaco

$349 3.4%

Lisbon

$247 11.2% 29.1% $102

Sport & Entertainment

Monaco

$256 2.5%

Lisbon

$65 3% 74.5% $191

Getting Around

Monaco

$41 * 0.4%

Lisbon

$63 2.9% 54.7% $22

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 $9,333 in Monaco and $1,589 in Lisbon. Housing cost is often the main lever when comparing two cities.

Monaco pays 447% 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: $166 in Monaco vs $62.0 in Lisbon for a mid-range dinner for two. Groceries echo the gap at $473 vs $273 per month, with Lisbon cheaper across the board.

Good to know

🇲🇨 Monaco

🇵🇹 Lisbon

🕒 Local time

13:36 1:36 PM

12:36 12:36 PM

1 h behind Monaco

🌤 Weather

👥 Population

39,050 Capital

545,923 Capital

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

On the map

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Highest

Between locations

Monaco Lisbon 1,490 km ≈ 2 h 15 min nonstop flight

From you

Monaco
Lisbon

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 Lisbon: Cost of Living - Frequently Asked Questions

Monaco and Lisbon differ by about 373% in total monthly costs ($10.4K vs $2,202 including rent). Lisbon is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 447% 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: $9,333 in Monaco versus $1,589 in Lisbon. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $2,155 in Monaco versus $684 in Lisbon. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 73% higher in Monaco. For households that cook at home regularly, that difference adds up over a month.

At $2,202 in Lisbon versus $10.4K in Monaco, a $3,000 budget is realistic in Lisbon but tight or insufficient in Monaco. The gap between the two cities makes Lisbon the clear choice for anyone on this budget.

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 Lisbon 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 Lisbon gentler on the wallet – expenses run 373% less than in Monaco. Beyond cost, consider language, visa policies, and how big the international community is in each city.