Cost of Living Comparison Between Monaco and Monte Carlo Cost of Living Comparison Between Monaco and Monte Carlo
🙂 Solo nomad: Monaco is 21.8% cheaper than Monte Carlo without rent, and 105.8% more expensive with rent.
😐 Family of 3: Monaco is 0.8% more expensive than Monte Carlo without rent, and 6.6% cheaper with rent.
🍽 Eating Out
Monaco
Monte Carlo
Difference
Meal at Budget Restaurant
$23.11 €19.90
$55.8 €48.05
-58.58%
Three-Course Dinner for Two, Mid-Range
$203 €175
$120 €103
70.17%
Fast Food Meal (McDonalds, etc)
$11.76 €10.13
$11.24 €9.68
4.63%
Cappuccino
$4.94 €4.25
$4.34 €3.74
13.82%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$5.92 €5.09
$6.89 €5.93
-14.08%
Water (0.33 liter bottle)
$4.73 €4.08
$8.21 €7.07
-42.39%
Local Beer (0.5 liter draught)
$9.91 €8.54
$10.58 €9.11
-6.33%
Imported Beer (0.33 liter bottle)
$8.18 €7.04
$12.57 €10.82
-34.92%
🛒 Groceries & Markets
Monaco
Monte Carlo
Difference
Milk (1 liter)
$1.87 €1.61
$2.27 €1.95
-17.62%
White Bread (500g)
$4.14 €3.56
$5.10 €4.39
-18.82%
Rice (white) (1kg)
$3.34 €2.88
$4.67 €4.02
-28.48%
Eggs
$4.53 €3.90
$4.97 €4.28
-8.85%
Local Cheese (1kg)
$17.14 €14.76
-
-
Chicken Fillets (1kg)
$17.40 €14.98
$17.59 €15.14
-1.08%
Beef Round Steak (1kg)
$16.91 €14.56
$22.71 €19.55
-25.54%
Apples (1kg)
$2.71 €2.34
$6.34 €5.46
-57.26%
Banana (1kg)
$2.92 €2.51
$7.46 €6.42
-60.86%
Oranges (1kg)
$2.85 €2.45
$4.89 €4.21
-41.72%
Tomato (1kg)
$4.70 €4.05
$8.66 €7.46
-45.73%
Potato (1kg)
$2.39 €2.06
$5.90 €5.08
-59.49%
Onion (1kg)
$2.74 €2.36
$5.85 €5.04
-53.16%
Lettuce (1 head)
$1.95 €1.68
$5.29 €4.56
-63.14%
Water (1.5 liter bottle)
$8.16 €7.03
$6.53 €5.62
24.96%
Cigarettes 20 Pack (Marlboro, Camel)
$14.71 €12.67
$12.48 €10.75
17.87%
Wine (Bottle)
$8.34 €7.18
$17.44 €15.02
-52.18%
Local Beer (0.5 liter bottle)
$1.69 €1.45
$2.10 €1.81
-19.52%
Imported Beer (0.33 liter bottle)
$5.03 €4.33
$4.67 €4.02
7.71%
🚌 Getting Around
Monaco
Monte Carlo
Difference
One-way Ticket (Public Transport)
$2.11 €1.82
$2.01 €1.73
4.98%
Public Transport Monthly Pass (Regular Price)
$25.22 €21.72
$38.66 €33.29
-34.76%
Taxi Start (Normal Tariff)
$7.84 €6.75
$5.72 €4.93
37.06%
Taxi (Normal Tariff) (1km)
$1.66 €1.43
$2.03 €1.75
-18.23%
Taxi 1hour Waiting (Normal Tariff)
$91.2 €78.5
$118 €102
-22.64%
Gasoline (1 liter)
$2.42 €2.08
$2.56 €2.21
-5.47%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$49.0K €42.2K
$55.9K €48.1K
-12.31%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$39.9K €34.3K
$45.4K €39.1K
-12.11%
🧾 Monthly Utilities & Internet
Monaco
Monte Carlo
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$338 €291
$498 €429
-32.05%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$46.92 €40.40
$60.2 €51.9
-22.11%
Internet (50+ Mbps, Unlimited Data)
$65.1 €56.0
$101 €86.6
-35.28%
🎉 Sport & Entertainment
Monaco
Monte Carlo
Difference
Gym Membership (Monthly)
$553 €476
$542 €466
2.02%
Tennis Court (1 Hour on Weekend)
$45.60 €39.26
$58.7 €50.6
-22.37%
Cinema Ticket
$13.67 €11.77
$18.56 €15.98
-26.35%
🧸 Childcare & Education
Monaco
Monte Carlo
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$2,295 €1,976
$3,644 €3,138
-37.02%
International Primary School, 1 Child (Yearly)
$46.9K €40.4K
$17.0K €14.7K
175.56%
👕👟 Clothing & Footwear
Monaco
Monte Carlo
Difference
Jeans (Levis 501 Or Similar)
$175 €150
$234 €201
-25.38%
Summer Dress (H&M, Zara, etc)
$70.3 €60.5
$80.2 €69.1
-12.38%
Sport Shoes (Adidas, Nike)
$197 €169
$206 €177
-4.52%
Men's Leather Business Shoes
$674 €580
$294 €253
129.47%
🏠 Accommodation & Living
Monaco
Monte Carlo
Difference
1-bedroom Apartment, City Center (Monthly)
$8,544 €7,357
$2,451 €2,110
248.66%
1-bedroom Apartment, Outside City Center (Monthly)
$8,435 €7,263
$2,223 €1,914
279.53%
3-bedroom Apartment, City Center (Monthly)
$43.7K €37.6K
$8,130 €7,000
437.33%
3-bedroom Apartment, Outside City Center (Monthly)
$6,859 €5,906
$7,679 €6,611
-10.67%
Buy Apartment in City Center (m2)
$71.1K €61.2K
$68.9K €59.3K
3.25%
Buy Apartment Outside City Center (m2)
$61.1K €52.6K
$53.3K €45.9K
14.72%
💵 Salaries & Financials
Monaco
Monte Carlo
Difference
Average Monthly Net Salary (After Tax)
$8,432 €7,260
$8,797 €7,574
-4.14%
20-Year Fixed Mortgage Interest Rate (Annual %)
3.25
2
62.50%
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for Monaco: March 1, 2026
Last update for Monte Carlo: March 2, 2026
City Median Internet Speeds Comparison (Updated December 2025)
The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index