Cost of Living Comparison Between Monaco and Australia Cost of Living Comparison Between Monaco and Australia

Name: Australia
Address: AU

😐 Solo nomad: Monaco is 109% more expensive than Australia without rent, and 350.7% more expensive with rent.

😐 Family of 3: Monaco is 107.6% more expensive than Australia without rent, and 197.5% more expensive with rent.

Meal at Budget Restaurant

$31.18 €26.84

$16.40 A$23.29

90.12%

Three-Course Dinner for Two, Mid-Range

$168 €144

$78.2 A$111

114.39%

Fast Food Meal (McDonalds, etc)

$12.56 €10.82

$9.52 A$13.52

31.93%

Cappuccino

$4.38 €3.78

$3.57 A$5.07

22.69%

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

$6.01 €5.17

$2.55 A$3.62

135.69%

Water (0.33 liter bottle)

$7.32 €6.30

$2.21 A$3.14

231.22%

Local Beer (0.5 liter draught)

$9.55 €8.23

$6.41 A$9.10

48.99%

Imported Beer (0.33 liter bottle)

$9.29 €8.00

$7.22 A$10.25

28.67%

Milk (1 liter)

$2.11 €1.81

$1.56 A$2.21

35.26%

White Bread (500g)

$5.56 €4.78

$2.48 A$3.53

124.19%

Rice (white) (1kg)

$4.41 €3.79

$2.00 A$2.84

120.50%

Eggs

$5.06 €4.35

$4.28 A$6.07

18.22%

Local Cheese (1kg)

$17.12 €14.74

$8.60 A$12.21

99.07%

Chicken Fillets (1kg)

$19.47 €16.76

$8.56 A$12.15

127.45%

Beef Round Steak (1kg)

$18.75 €16.14

$13.71 A$19.47

36.76%

Apples (1kg)

$4.67 €4.02

$3.22 A$4.58

45.03%

Banana (1kg)

$6.10 €5.25

$2.72 A$3.86

124.26%

Oranges (1kg)

$3.81 €3.28

$2.94 A$4.17

29.59%

Tomato (1kg)

$5.18 €4.46

$4.28 A$6.08

21.03%

Potato (1kg)

$4.22 €3.63

$2.51 A$3.56

68.13%

Onion (1kg)

$4.43 €3.81

$2.11 A$3.00

109.95%

Lettuce (1 head)

$3.67 €3.16

$2.21 A$3.14

66.06%

Water (1.5 liter bottle)

$7.00 €6.02

$1.53 A$2.17

357.52%

Cigarettes 20 Pack (Marlboro, Camel)

$14.43 €12.43

$31.35 A$44.52

-53.97%

Wine (Bottle)

$10.88 €9.37

$14.09 A$20.00

-22.78%

Local Beer (0.5 liter bottle)

$2.01 €1.73

$4.43 A$6.29

-54.63%

Imported Beer (0.33 liter bottle)

$5.14 €4.43

$5.07 A$7.20

1.38%

One-way Ticket (Public Transport)

$2.28 €1.96

$2.90 A$4.12

-21.38%

Public Transport Monthly Pass (Regular Price)

$25.89 €22.29

$97.6 A$139

-73.48%

Taxi Start (Normal Tariff)

$6.82 €5.87

$3.55 A$5.05

92.11%

Taxi (Normal Tariff) (1km)

$1.72 €1.48

$1.84 A$2.62

-6.52%

Taxi 1hour Waiting (Normal Tariff)

$106 €91.2

$37.44 A$53.2

182.93%

Gasoline (1 liter)

$2.41 €2.08

$1.15 A$1.63

109.57%

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

$55.4K €47.7K

$29.2K A$41.5K

89.60%

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

$51.5K €44.4K

$23.0K A$32.6K

124.43%

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

$357 €307

$180 A$255

98.54%

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

$60.2 €51.9

$25.91 A$36.79

132.50%

Internet (50+ Mbps, Unlimited Data)

$69.8 €60.1

$52.5 A$74.5

32.96%

Gym Membership (Monthly)

$389 €335

$48.04 A$68.2

708.93%

Tennis Court (1 Hour on Weekend)

$44.69 €38.48

$16.66 A$23.66

168.25%

Cinema Ticket

$13.87 €11.95

$13.87 A$19.70

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

$2,695 €2,321

$1,559 A$2,214

72.86%

International Primary School, 1 Child (Yearly)

$35.3K €30.4K

$12.5K A$17.8K

182.02%

Jeans (Levis 501 Or Similar)

$186 €160

$70.2 A$99.7

164.65%

Summer Dress (H&M, Zara, etc)

$82.8 €71.3

$51.4 A$73.0

61.08%

Sport Shoes (Adidas, Nike)

$198 €170

$101 A$143

96.38%

Men's Leather Business Shoes

$680 €586

$112 A$159

508.66%

1-bedroom Apartment, City Center (Monthly)

$7,088 €6,103

$1,361 A$1,932

420.91%

1-bedroom Apartment, Outside City Center (Monthly)

$7,941 €6,837

$1,083 A$1,538

633.15%

3-bedroom Apartment, City Center (Monthly)

$33.1K €28.5K

$2,332 A$3,311

1317.63%

3-bedroom Apartment, Outside City Center (Monthly)

$7,319 €6,302

$1,718 A$2,439

326.10%

Buy Apartment in City Center (m2)

$68.1K €58.6K

$7,612 A$10.8K

794.52%

Buy Apartment Outside City Center (m2)

$58.8K €50.6K

$5,588 A$7,935

952.19%

Average Monthly Net Salary (After Tax)

$8,962 €7,717

$3,928 A$5,578

128.15%

20-Year Fixed Mortgage Interest Rate (Annual %)

2.83

6.35

-55.43%

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

Last update for Monaco: March 2, 2026

Last update for Australia: March 3, 2026

City Median Internet Speeds Comparison (Updated January 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index