Cost of Living Comparison Between Monaco and Canada Cost of Living Comparison Between Monaco and Canada

😐 Solo nomad: Monaco is 97.2% more expensive than Canada without rent, and 341.1% more expensive with rent.
😐 Family of 3: Monaco is 112.6% more expensive than Canada without rent, and 187.9% more expensive with rent.
Currency
🍽 Eating Out
Monaco
Canada
Difference
Meal at Budget Restaurant
$31.31 €27.04
$18.65 CA$25.39
67.88%
Three-Course Dinner for Two, Mid-Range
$162 €140
$74.3 CA$101
118.73%
Fast Food Meal (McDonalds, etc)
$12.49 €10.79
$11.02 CA$15
13.34%
Cappuccino
$4.47 €3.86
$3.75 CA$5.11
19.20%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$5.87 €5.07
$2.17 CA$2.95
170.51%
Water (0.33 liter bottle)
$7.55 €6.52
$1.68 CA$2.29
349.40%
Local Beer (0.5 liter draught)
$10.01 €8.64
$5.83 CA$7.94
71.70%
Imported Beer (0.33 liter bottle)
$9.22 €7.96
$5.74 CA$7.81
60.63%
🛒 Groceries & Markets
Monaco
Canada
Difference
Milk (1 liter)
$2.08 €1.79
$2.24 CA$3.04
-7.14%
White Bread (500g)
$5.45 €4.7
$2.66 CA$3.62
104.89%
Rice (white) (1kg)
$4.18 €3.61
$3.6 CA$4.9
16.11%
Eggs
$5.31 €4.58
$3.53 CA$4.8
50.42%
Local Cheese (1kg)
$17.65 €15.24
$11.32 CA$15.41
55.92%
Chicken Fillets (1kg)
$19.28 €16.65
$12.46 CA$16.96
54.74%
Beef Round Steak (1kg)
$18.61 €16.07
$15.28 CA$20.8
21.79%
Apples (1kg)
$4.79 €4.13
$4.17 CA$5.68
14.87%
Banana (1kg)
$6.14 €5.3
$1.5 CA$2.05
309.33%
Oranges (1kg)
$3.79 €3.28
$4 CA$5.45
-5.25%
Tomato (1kg)
$5.28 €4.55
$4.07 CA$5.54
29.73%
Potato (1kg)
$4.08 €3.52
$2.78 CA$3.78
46.76%
Onion (1kg)
$4.31 €3.72
$2.73 CA$3.72
57.88%
Lettuce (1 head)
$3.66 €3.16
$2.63 CA$3.58
39.16%
Water (1.5 liter bottle)
$7.03 €6.07
$1.82 CA$2.48
286.26%
Cigarettes 20 Pack (Marlboro, Camel)
$14.46 €12.48
$14.61 CA$19.88
-1.03%
Wine (Bottle)
$14.01 €12.1
$13.08 CA$17.8
7.11%
Local Beer (0.5 liter bottle)
$1.94 €1.67
$3.01 CA$4.1
-35.55%
Imported Beer (0.33 liter bottle)
$5.13 €4.43
$3.34 CA$4.55
53.59%
🚌 Getting Around
Monaco
Canada
Difference
One-way Ticket (Public Transport)
$2.38 €2.05
$2.56 CA$3.49
-7.03%
Public Transport Monthly Pass (Regular Price)
$25.49 €22.01
$78.4 CA$107
-67.47%
Taxi Start (Normal Tariff)
$6.78 €5.85
$3.55 CA$4.83
90.99%
Taxi (Normal Tariff) (1km)
$1.75 €1.51
$1.55 CA$2.11
12.90%
Taxi 1hour Waiting (Normal Tariff)
$103 €88.9
$28.91 CA$39.35
256.21%
Gasoline (1 liter)
$2.36 €2.04
$1.16 CA$1.58
103.45%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$56.5K €48.8K
$24.6K CA$33.5K
129.55%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$51.9K €44.8K
$20.9K CA$28.5K
148.32%
🧾 Monthly Utilities & Internet
Monaco
Canada
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$350 €302
$155 CA$211
125.14%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$59.7 €51.6
$45.2 CA$61.5
32.17%
Internet (50+ Mbps, Unlimited Data)
$71.2 €61.5
$62.4 CA$84.9
14.18%
🎉 Sport & Entertainment
Monaco
Canada
Difference
Gym Membership (Monthly)
$395 €341
$42.82 CA$58.3
822.58%
Tennis Court (1 Hour on Weekend)
$45.51 €39.29
$17.72 CA$24.11
156.83%
Cinema Ticket
$14.06 €12.14
$11.25 CA$15.31
24.98%
🧸 Childcare & Education
Monaco
Canada
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$2,776 €2,396
$804 CA$1,094
245.23%
International Primary School, 1 Child (Yearly)
$35.1K €30.3K
$12K CA$16.4K
191.79%
👕👟 Clothing & Footwear
Monaco
Canada
Difference
Jeans (Levis 501 Or Similar)
$187 €161
$56.7 CA$77.2
229.27%
Summer Dress (H&M, Zara, etc)
$85.7 €74
$41.61 CA$56.6
105.96%
Sport Shoes (Adidas, Nike)
$204 €176
$90.2 CA$123
126.19%
Men's Leather Business Shoes
$678 €585
$108 CA$147
527.27%
🏠 Accommodation & Living
Monaco
Canada
Difference
1-bedroom Apartment, City Center (Monthly)
$7,218 €6,232
$1,364 CA$1,857
429.11%
1-bedroom Apartment, Outside City Center (Monthly)
$8,046 €6,947
$1,208 CA$1,645
565.80%
3-bedroom Apartment, City Center (Monthly)
$33.2K €28.7K
$2,179 CA$2,966
1423.79%
3-bedroom Apartment, Outside City Center (Monthly)
$7,283 €6,288
$1,835 CA$2,497
297.00%
Buy Apartment in City Center (m2)
$77.4K €66.9K
$6,152 CA$8,374
1158.84%
Buy Apartment Outside City Center (m2)
$72.6K €62.6K
$4,409 CA$6,001
1545.73%
💵 Salaries & Financials
Monaco
Canada
Difference
Average Monthly Net Salary (After Tax)
$8,706 €7,517
$2,867 CA$3,903
203.66%
20-Year Fixed Mortgage Interest Rate (Annual %)
2.83
6.33
-55.29%

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

Last update for Monaco: October 28, 2025

Last update for Canada: October 28, 2025

Join the CityCost newsletter – low traffic, no spam, and easy to unsubscribe. Your email stays private.