Cost of Living Comparison Between Monaco and Canada Cost of Living Comparison Between Monaco and Canada
😐 Solo nomad: Monaco is 102.4% more expensive than Canada without rent, and 335.1% more expensive with rent.
😐 Family of 3: Monaco is 107.5% more expensive than Canada without rent, and 182.4% more expensive with rent.
🍽 Eating Out
Monaco
Canada
Difference
Meal at Budget Restaurant
$31.18 €26.84
$18.70 CA$25.62
66.74%
Three-Course Dinner for Two, Mid-Range
$168 €144
$74.4 CA$102
125.17%
Fast Food Meal (McDonalds, etc)
$12.56 €10.82
$11.14 CA$15.26
12.75%
Cappuccino
$4.38 €3.78
$3.75 CA$5.13
16.80%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$6.01 €5.17
$2.12 CA$2.90
183.49%
Water (0.33 liter bottle)
$7.32 €6.30
$1.75 CA$2.40
318.29%
Local Beer (0.5 liter draught)
$9.55 €8.23
$5.95 CA$8.15
60.50%
Imported Beer (0.33 liter bottle)
$9.29 €8.00
$6.07 CA$8.31
53.05%
🛒 Groceries & Markets
Monaco
Canada
Difference
Milk (1 liter)
$2.11 €1.81
$2.21 CA$3.03
-4.52%
White Bread (500g)
$5.56 €4.78
$2.70 CA$3.70
105.93%
Rice (white) (1kg)
$4.41 €3.79
$3.63 CA$4.98
21.49%
Eggs
$5.06 €4.35
$3.57 CA$4.89
41.74%
Local Cheese (1kg)
$17.12 €14.74
$11.60 CA$15.89
47.59%
Chicken Fillets (1kg)
$19.47 €16.76
$12.17 CA$16.67
59.98%
Beef Round Steak (1kg)
$18.75 €16.14
$15.29 CA$20.95
22.63%
Apples (1kg)
$4.67 €4.02
$4.32 CA$5.92
8.10%
Banana (1kg)
$6.10 €5.25
$1.50 CA$2.06
306.67%
Oranges (1kg)
$3.81 €3.28
$3.87 CA$5.30
-1.55%
Tomato (1kg)
$5.18 €4.46
$4.28 CA$5.86
21.03%
Potato (1kg)
$4.22 €3.63
$2.79 CA$3.82
51.25%
Onion (1kg)
$4.43 €3.81
$2.62 CA$3.59
69.08%
Lettuce (1 head)
$3.67 €3.16
$2.63 CA$3.61
39.54%
Water (1.5 liter bottle)
$7.00 €6.02
$1.79 CA$2.46
291.06%
Cigarettes 20 Pack (Marlboro, Camel)
$14.43 €12.43
$14.95 CA$20.48
-3.48%
Wine (Bottle)
$10.88 €9.37
$12.91 CA$17.69
-15.72%
Local Beer (0.5 liter bottle)
$2.01 €1.73
$3.03 CA$4.16
-33.66%
Imported Beer (0.33 liter bottle)
$5.14 €4.43
$3.39 CA$4.64
51.62%
🚌 Getting Around
Monaco
Canada
Difference
One-way Ticket (Public Transport)
$2.28 €1.96
$2.60 CA$3.56
-12.31%
Public Transport Monthly Pass (Regular Price)
$25.89 €22.29
$78.0 CA$107
-66.79%
Taxi Start (Normal Tariff)
$6.82 €5.87
$3.40 CA$4.65
100.59%
Taxi (Normal Tariff) (1km)
$1.72 €1.48
$1.55 CA$2.12
10.97%
Taxi 1hour Waiting (Normal Tariff)
$106 €91.2
$28.12 CA$38.52
276.71%
Gasoline (1 liter)
$2.41 €2.08
$1.16 CA$1.58
107.76%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$55.4K €47.7K
$25.1K CA$34.4K
120.64%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$51.5K €44.4K
$20.5K CA$28.0K
151.74%
🧾 Monthly Utilities & Internet
Monaco
Canada
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$357 €307
$157 CA$216
126.88%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$60.2 €51.9
$45.83 CA$62.8
31.44%
Internet (50+ Mbps, Unlimited Data)
$69.8 €60.1
$62.4 CA$85.5
11.81%
🎉 Sport & Entertainment
Monaco
Canada
Difference
Gym Membership (Monthly)
$389 €335
$43.42 CA$59.5
795.00%
Tennis Court (1 Hour on Weekend)
$44.69 €38.48
$17.87 CA$24.49
150.08%
Cinema Ticket
$13.87 €11.95
$11.55 CA$15.83
20.09%
🧸 Childcare & Education
Monaco
Canada
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$2,695 €2,321
$806 CA$1,104
234.46%
International Primary School, 1 Child (Yearly)
$35.3K €30.4K
$12.2K CA$16.6K
190.43%
👕👟 Clothing & Footwear
Monaco
Canada
Difference
Jeans (Levis 501 Or Similar)
$186 €160
$55.3 CA$75.8
235.97%
Summer Dress (H&M, Zara, etc)
$82.8 €71.3
$42.55 CA$58.3
94.62%
Sport Shoes (Adidas, Nike)
$198 €170
$89.1 CA$122
122.01%
Men's Leather Business Shoes
$680 €586
$108 CA$148
529.15%
🏠 Accommodation & Living
Monaco
Canada
Difference
1-bedroom Apartment, City Center (Monthly)
$7,088 €6,103
$1,367 CA$1,873
418.57%
1-bedroom Apartment, Outside City Center (Monthly)
$7,941 €6,837
$1,202 CA$1,647
560.71%
3-bedroom Apartment, City Center (Monthly)
$33.1K €28.5K
$2,177 CA$2,983
1418.09%
3-bedroom Apartment, Outside City Center (Monthly)
$7,319 €6,302
$1,891 CA$2,590
287.16%
Buy Apartment in City Center (m2)
$68.1K €58.6K
$5,050 CA$6,919
1248.17%
Buy Apartment Outside City Center (m2)
$58.8K €50.6K
$4,046 CA$5,544
1352.94%
💵 Salaries & Financials
Monaco
Canada
Difference
Average Monthly Net Salary (After Tax)
$8,962 €7,717
$3,008 CA$4,121
197.98%
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: March 2, 2026
Last update for Canada: March 2, 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