Last update: Oct 2026

Cost of Living Comparison Between Monaco and Istanbul

For one person, living is cheaper in Istanbul: $1,526 a month against $9,142 in Monaco, rent and utilities included – about $91,400 less a year. Rent and utilities account for most of the difference.

442

Cost of Living Index in Monaco
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Monaco Living Index
74

Cost of Living Index in Istanbul
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Istanbul Living Index

Jump to prices

🇲🇨 Monaco

$9,142

/mo nomad

Istanbul

🇹🇷 Turkey

$1,526

/mo nomad

😐 Solo nomad: Monaco is 137.3% more expensive than Istanbul without rent, and 499% more expensive with rent.

😐 Family of 3: Monaco is 153% more expensive than Istanbul without rent, and 355.6% more expensive with rent.

Meal at Budget Restaurant

$28.01 €25.00

$11.88 ₺585

135.77%

Three-Course Dinner for Two, Mid-Range

$161 €144

$55.1 ₺2,714

192.49%

Fast Food Meal (McDonalds, etc)

$12.67 €11.31

$9.14 ₺450

38.62%

Cappuccino

$4.24 €3.78

$4.24 ₺209

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

$5.88 €5.25

$1.75 ₺86.0

236.00%

Water (0.33 liter bottle)

$7.57 €6.75

$0.54 ₺26.83

1301.85%

Local Beer (0.5 liter draught)

$10.24 €9.13

$4.69 ₺231

118.34%

Imported Beer (0.33 liter bottle)

$9.77 €8.72

$5.97 ₺294

63.65%

Milk (1 liter)

$1.85 €1.65

$1.26 ₺62.1

46.83%

White Bread (500g)

$4.50 €4.02

$0.95 ₺46.81

373.68%

Rice (white) (1kg)

$3.69 €3.30

$2.31 ₺114

59.74%

Eggs

$5.12 €4.57

$2.47 ₺122

107.29%

Local Cheese (1kg)

$17.98 €16.05

$10.55 ₺520

70.43%

Chicken Fillets (1kg)

$18.99 €16.95

$5.60 ₺276

239.11%

Beef Round Steak (1kg)

$22.45 €20.03

$21.21 ₺1,045

5.85%

Apples (1kg)

$3.80 €3.39

$1.93 ₺95.1

96.89%

Banana (1kg)

$6.01 €5.37

$2.29 ₺113

162.45%

Oranges (1kg)

$3.72 €3.32

$1.28 ₺63.1

190.63%

Tomato (1kg)

$6.13 €5.47

$1.84 ₺90.8

233.15%

Potato (1kg)

$4.74 €4.23

$0.67 ₺32.86

607.46%

Onion (1kg)

$4.95 €4.41

$0.59 ₺29.31

738.98%

Lettuce (1 head)

$3.63 €3.24

$1.33 ₺65.4

172.93%

Water (1.5 liter bottle)

$6.75 €6.03

$0.59 ₺29.10

1044.07%

Cigarettes 20 Pack (Marlboro, Camel)

$15.54 €13.86

$2.36 ₺116

558.47%

Wine (Bottle)

$7.70 €6.87

$13.47 ₺664

-42.84%

Local Beer (0.5 liter bottle)

$1.97 €1.76

$2.42 ₺119

-18.60%

Imported Beer (0.33 liter bottle)

$4.40 €3.92

$3.54 ₺174

24.29%

One-way Ticket (Public Transport)

$2.26 €2.02

$0.83 ₺40.64

172.29%

Public Transport Monthly Pass (Regular Price)

$24.42 €21.80

$66.5 ₺3,273

-63.25%

Taxi Start (Normal Tariff)

$5.44 €4.86

$1.35 ₺66.6

302.96%

Taxi (Normal Tariff) (1km)

$1.97 €1.75

$0.85 ₺42.05

131.76%

Taxi 1hour Waiting (Normal Tariff)

$99.3 €88.7

$10.86 ₺535

814.73%

Gasoline (1 liter)

$2.32 €2.07

$1.47 ₺72.3

57.82%

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

$54.2K €48.4K

$51.6K ₺2.5M

5.03%

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

$50.7K €45.2K

$44.4K ₺2.2M

14.03%

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

$403 €360

$89.2 ₺4,395

351.88%

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

$53.7 €47.88

$11.60 ₺572

362.59%

Internet (50+ Mbps, Unlimited Data)

$68.9 €61.4

$16.10 ₺793

327.64%

Gym Membership (Monthly)

$283 €252

$77.3 ₺3,805

266.15%

Tennis Court (1 Hour on Weekend)

$52.3 €46.70

$22.66 ₺1,116

130.98%

Cinema Ticket

$13.50 €12.05

$8.34 ₺411

61.87%

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

$2,637 €2,353

$974 ₺48.0K

170.76%

International Primary School, 1 Child (Yearly)

$35.0K €31.2K

$25.8K ₺1.3M

35.70%

Jeans (Levis 501 Or Similar)

$195 €174

$52.7 ₺2,597

270.59%

Summer Dress (H&M, Zara, etc)

$81.3 €72.6

$39.16 ₺1,929

107.69%

Sport Shoes (Adidas, Nike)

$193 €173

$103 ₺5,083

87.33%

Men's Leather Business Shoes

$586 €523

$96.6 ₺4,759

506.43%

1-bedroom Apartment, City Center (Monthly)

$9,331 €8,327

$994 ₺49.0K

838.65%

1-bedroom Apartment, Outside City Center (Monthly)

$6,752 €6,026

$629 ₺31.0K

972.91%

3-bedroom Apartment, City Center (Monthly)

$13.7K €12.2K

$2,024 ₺99.7K

577.61%

3-bedroom Apartment, Outside City Center (Monthly)

$9,294 €8,294

$1,155 ₺56.9K

704.78%

Buy Apartment in City Center (m2)

$72.4K €64.7K

$3,160 ₺155.7K

2192.56%

Buy Apartment Outside City Center (m2)

$69.4K €61.9K

$1,838 ₺90.5K

3676.53%

Average Monthly Net Salary (After Tax)

$9,270 €8,272

$1,203 ₺59.3K

670.24%

20-Year Fixed Mortgage Interest Rate (Annual %)

2.83

41.09

-93.11%

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

Last update for Monaco: October 4, 2026

Last update for Istanbul: October 3, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Monaco

$6.8K 74.1%

Istanbul

$629 41.2% 90.7% $6.1K

Groceries & Markets

Monaco

$569 6.2%

Istanbul

$264 17.3% 53.6% $305

Monthly Utilities & Internet

Monaco

$526 5.8%

Istanbul

$117 7.7% 77.8% $409

Clothing & Footwear

Monaco

$475 5.2%

Istanbul

$131 8.6% 72.4% $344

Eating Out

Monaco

$437 4.8%

Istanbul

$218 14.3% 50.2% $220

Sport & Entertainment

Monaco

$310 3.4%

Istanbul

$94 6.1% 69.7% $216

Getting Around

Monaco

$49 0.5%

Istanbul

$75 4.9% 54.6% $27

Good to know

🇲🇨 Monaco

🇹🇷 Istanbul

🕒 Local time

07:11 7:11 AM

08:11 8:11 AM

1 h ahead of Monaco

🌤 Weather

👥 Population

38,350

15,701,602

💱 Currency

Euro EUR €

Turkish Lira TRY ₺

📈 Exchange rate

1 EUR = 1.12 USD

100 TRY = 2.03 USD

100 TRY = 1.81 EUR

Exchange rates and currency converter

TRY, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of October 10, 2026: 1 USD = 0.892 EUR (1 EUR = 1.12 USD).

Turkish Lira exchange rates as of October 10, 2026: 1 USD = 49.26 TRY (100 TRY = 2.03 USD). 1 EUR = 55.25 TRY (100 TRY = 1.81 EUR).

USD to EUR in detail →

On the map

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Between locations

Monaco Istanbul 1,790 km ≈ 2 h 45 min nonstop flight

From you

Monaco
Istanbul

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

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

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