Last update: Oct 2026

Cost of Living Comparison Between Monaco and Mexico City

For one person, living is cheaper in Mexico City: $1,548 a month against $10.4K in Monaco, rent and utilities included – about $106,500 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
75

Cost of Living Index in Mexico City
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Mexico City Living Index

Jump to prices

Monaco

🇲🇨 Monaco

$10.4K

/mo nomad

Mexico City

🇲🇽 Mexico

$1,548

/mo nomad

Monthly Cost of Living

How much you'll spend in Monaco and in Mexico City

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

Monthly costs for one person with rent: $10.4K in Monaco versus $1,548 in Mexico City.

Monaco $10.4K
Mexico City $1,548

Estimated couple costs with rent: $11.9K in Monaco versus $2,436 in Mexico City.

Monaco $11.9K
Mexico City $2,436

Monthly costs for a family of three with rent: $13.4K in Monaco versus $3,323 in Mexico City.

Monaco $13.4K
Mexico City $3,323

Living in Monaco is roughly 573% more expensive than in Mexico City, and outside of rent the biggest gap is in clothing.

Both cities are pricier than the global median: Monaco 669% above, Mexico City 14% above.

Meal at Budget Restaurant

$19.81 €17.62

$11.02 MX$204

79.76%

Three-Course Dinner for Two, Mid-Range

$166 €148

$48.68 MX$900

241.11%

Fast Food Meal (McDonalds, etc)

$12.38 €11.01

$10.90 MX$201

13.58%

Cappuccino

$3.61 €3.21

$3.68 MX$68.1

-1.90%

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

$6.11 €5.43

$1.63 MX$30.18

274.85%

Water (0.33 liter bottle)

$4.57 €4.07

$1.25 MX$23.07

265.60%

Local Beer (0.5 liter draught)

$9.98 €8.87

$3.25 MX$60.1

207.08%

Imported Beer (0.33 liter bottle)

$8.70 €7.74

$5.53 MX$102

57.32%

Milk (1 liter)

$1.82 €1.62

$1.70 MX$31.50

7.06%

White Bread (500g)

$3.24 €2.88

$3.02 MX$55.8

7.28%

Rice (white) (1kg)

$4.08 €3.63

$1.92 MX$35.53

112.50%

Eggs

$4.97 €4.42

$2.73 MX$50.5

82.05%

Local Cheese (1kg)

$13.90 €12.36

$11.77 MX$218

18.10%

Chicken Fillets (1kg)

$16.91 €15.04

$9.53 MX$176

77.44%

Beef Round Steak (1kg)

$18.47 €16.43

$14.41 MX$266

28.17%

Apples (1kg)

$3.25 €2.89

$3.02 MX$55.8

7.62%

Banana (1kg)

$2.73 €2.43

$1.89 MX$35.01

44.44%

Oranges (1kg)

$2.69 €2.39

$1.99 MX$36.70

35.18%

Tomato (1kg)

$3.57 €3.17

$2.19 MX$40.38

63.01%

Potato (1kg)

$2.37 €2.10

$1.92 MX$35.43

23.44%

Onion (1kg)

$2.85 €2.54

$1.87 MX$34.49

52.41%

Lettuce (1 head)

$1.89 €1.68

$1.44 MX$26.62

31.25%

Water (1.5 liter bottle)

$7.79 €6.93

$1.27 MX$23.39

513.39%

Cigarettes 20 Pack (Marlboro, Camel)

$14.26 €12.69

$5.22 MX$96.4

173.18%

Wine (Bottle)

$6.61 €5.88

$16.17 MX$299

-59.12%

Local Beer (0.5 liter bottle)

$1.56 €1.39

$1.90 MX$35.03

-17.89%

Imported Beer (0.33 liter bottle)

$4.40 €3.92

$4.22 MX$78.0

4.27%

One-way Ticket (Public Transport)

$2.27 €2.02

$0.34 MX$6.30

567.65%

Public Transport Monthly Pass (Regular Price)

$23.50 €20.90

$19.65 MX$363

19.59%

Taxi Start (Normal Tariff)

$2.00 MX$36.90

Taxi (Normal Tariff) (1km)

$1.61 €1.43

$0.52 MX$9.67

209.62%

Taxi 1hour Waiting (Normal Tariff)

$90.6 €80.6

$5.34 MX$98.7

1597.19%

Gasoline (1 liter)

$2.23 €1.98

$1.52 MX$28.13

46.71%

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

$48.8K €43.4K

$22.1K MX$408.0K

120.93%

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

$38.4K €34.2K

$24.5K MX$452.9K

56.72%

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

$424 €377

$61.1 MX$1,129

593.48%

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

$42.44 €37.75

$28.58 MX$528

48.50%

Internet (50+ Mbps, Unlimited Data)

$62.7 €55.7

$34.47 MX$637

81.75%

Gym Membership (Monthly)

$229 €204

$56.4 MX$1,042

306.14%

Tennis Court (1 Hour on Weekend)

$52.6 €46.74

$24.88 MX$460

111.21%

Cinema Ticket

$13.53 €12.03

$6.66 MX$123

103.15%

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

$2,155 €1,917

$427 MX$7,891

404.57%

International Primary School, 1 Child (Yearly)

$44.4K €39.5K

$11.6K MX$215.0K

281.43%

Jeans (Levis 501 Or Similar)

$152 €136

$67.8 MX$1,253

124.84%

Summer Dress (H&M, Zara, etc)

$82.0 €72.9

$52.0 MX$960

57.81%

Sport Shoes (Adidas, Nike)

$170 €151

$106 MX$1,959

60.49%

Men's Leather Business Shoes

$722 €642

$113 MX$2,080

541.21%

1-bedroom Apartment, City Center (Monthly)

$9,333 €8,302

$1,025 MX$18.9K

810.76%

1-bedroom Apartment, Outside City Center (Monthly)

$8,266 €7,353

$654 MX$12.1K

1163.48%

3-bedroom Apartment, City Center (Monthly)

$16.5K €14.7K

$2,308 MX$42.7K

616.23%

3-bedroom Apartment, Outside City Center (Monthly)

$8,429 €7,498

$1,242 MX$22.9K

578.71%

Buy Apartment in City Center (m2)

$72.1K €64.2K

$3,613 MX$66.8K

1896.45%

Buy Apartment Outside City Center (m2)

$55.0K €48.9K

$1,936 MX$35.8K

2740.75%

Average Monthly Net Salary (After Tax)

$8,751 €7,784

$964 MX$17.8K

807.73%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.25

11.3

-71.24%

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

Last update for Monaco: October 19, 2026

Last update for Mexico City: October 20, 2026

Monthly budget structure

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

Accommodation & Living

Monaco

$8.3K 79.3%

Mexico City

$654 42.3% 92.1% $7.6K

Monthly Utilities & Internet

Monaco

$529 5.1%

Mexico City

$124 8% 76.5% $404

Clothing & Footwear

Monaco

$507 4.9%

Mexico City

$152 9.8% 70% $355

Groceries & Markets

Monaco

$473 4.5%

Mexico City

$318 20.6% 32.8% $155

Eating Out

Monaco

$349 3.4%

Mexico City

$204 13.2% 41.6% $145

Sport & Entertainment

Monaco

$256 2.5%

Mexico City

$70 4.5% 72.8% $186

Getting Around

Monaco

$41 * 0.4%

Mexico City

$26 1.7% 37% $15

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 $1,025 in Mexico City. Housing cost is often the main lever when comparing two cities.

Monaco pays 808% 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 $49.00 in Mexico City for a mid-range dinner for two. Groceries echo the gap at $473 vs $318 per month, with Mexico City cheaper across the board.

Good to know

🇲🇨 Monaco

🇲🇽 Mexico City

🕒 Local time

12:51 12:51 PM

04:51 4:51 AM

8 h behind Monaco

🌤 Weather

👥 Population

39,050 Capital

9,209,944 Capital

💱 Currency

Euro EUR €

Mexican Peso MXN $

📈 Exchange rate

1 EUR = 1.12 USD

100 MXN = 5.41 USD

100 MXN = 4.81 EUR

Exchange rates and currency converter

MXN, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of October 20, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

Mexican Peso exchange rates as of October 20, 2026: 1 USD = 18.48 MXN (100 MXN = 5.41 USD). 1 EUR = 20.77 MXN (100 MXN = 4.81 EUR).

USD to EUR in detail →

On the map

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Between locations

Monaco Mexico City 9,780 km ≈ 13 h nonstop flight

From you

Monaco
Mexico City

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 Mexico City: Cost of Living - Frequently Asked Questions

Monaco and Mexico City differ by about 573% in total monthly costs ($10.4K vs $1,548 including rent). Mexico City is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 808% 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 $1,025 in Mexico City. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Mexico City runs roughly 20% less than in Monaco. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $2,155 in Monaco versus $427 in Mexico City. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $1,548 in Mexico City versus $10.4K in Monaco, a $2,000 budget is realistic in Mexico City but tight or insufficient in Monaco. The gap between the two cities makes Mexico City 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 Mexico City 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 Mexico City gentler on the wallet – expenses run 573% less than in Monaco. Beyond cost, consider language, visa policies, and how big the international community is in each city.