Cost of Living Comparison Between Monaco and Australia Cost of Living Comparison Between Monaco and Australia
😐 Solo nomad:
Monaco is 108.6% more expensive than Australia without rent, and 355.2% more expensive with rent.
😐 Family of 3:
Monaco is 113.6% more expensive than Australia without rent, and 196.3% more expensive with rent.
Meal at Budget Restaurant
Three-Course Dinner for Two, Mid-Range
Fast Food Meal (McDonalds, etc)
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
Water (0.33 liter bottle)
Local Beer (0.5 liter draught)
Imported Beer (0.33 liter bottle)
Cigarettes 20 Pack (Marlboro, Camel)
Local Beer (0.5 liter bottle)
Imported Beer (0.33 liter bottle)
One-way Ticket (Public Transport)
Public Transport Monthly Pass (Regular Price)
Taxi Start (Normal Tariff)
Taxi (Normal Tariff) (1km)
Taxi 1hour Waiting (Normal Tariff)
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
SIM Card Monthly Plan (Calls and 10GB+ Data)
Internet (50+ Mbps, Unlimited Data)
Tennis Court (1 Hour on Weekend)
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
International Primary School, 1 Child (Yearly)
Jeans (Levis 501 Or Similar)
Summer Dress (H&M, Zara, etc)
Sport Shoes (Adidas, Nike)
Men's Leather Business Shoes
1-bedroom Apartment, City Center (Monthly)
1-bedroom Apartment, Outside City Center (Monthly)
3-bedroom Apartment, City Center (Monthly)
3-bedroom Apartment, Outside City Center (Monthly)
Buy Apartment in City Center (m2)
Buy Apartment Outside City Center (m2)
Average Monthly Net Salary (After Tax)
20-Year Fixed Mortgage Interest Rate (Annual %)
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for Monaco: January 12, 2026
Last update for Australia: January 10, 2026
Digital Nomad Cost of Living Index