Cost of Living Comparison Between Monaco and Italy Cost of Living Comparison Between Monaco and Italy

😐 Solo nomad: Monaco is 128.8% more expensive than Italy without rent, and 474.8% more expensive with rent.
😐 Family of 3: Monaco is 117% more expensive than Italy without rent, and 248.1% more expensive with rent.
Currency
🍽 Eating Out
Monaco
Italy
Difference
Meal at Budget Restaurant
$31.18 €27.00
$17.12 €14.82
82.13%
Three-Course Dinner for Two, Mid-Range
$168 €145
$82.4 €71.4
103.26%
Fast Food Meal (McDonalds, etc)
$12.56 €10.88
$11.37 €9.84
10.47%
Cappuccino
$4.38 €3.80
$1.99 €1.72
120.10%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$6.01 €5.20
$2.99 €2.59
101.00%
Water (0.33 liter bottle)
$7.32 €6.34
$1.32 €1.15
454.55%
Local Beer (0.5 liter draught)
$9.55 €8.27
$5.75 €4.98
66.09%
Imported Beer (0.33 liter bottle)
$9.29 €8.05
$5.20 €4.50
78.65%
🛒 Groceries & Markets
Monaco
Italy
Difference
Milk (1 liter)
$2.11 €1.82
$1.68 €1.45
25.60%
White Bread (500g)
$5.56 €4.81
$2.30 €1.99
141.74%
Rice (white) (1kg)
$4.41 €3.82
$2.92 €2.53
51.03%
Eggs
$5.06 €4.38
$3.91 €3.38
29.41%
Local Cheese (1kg)
$17.12 €14.83
$16.27 €14.09
5.22%
Chicken Fillets (1kg)
$19.47 €16.86
$12.30 €10.65
58.29%
Beef Round Steak (1kg)
$18.75 €16.24
$20.26 €17.54
-7.45%
Apples (1kg)
$4.67 €4.04
$2.46 €2.13
89.84%
Banana (1kg)
$6.10 €5.28
$2.23 €1.93
173.54%
Oranges (1kg)
$3.81 €3.30
$2.74 €2.37
39.05%
Tomato (1kg)
$5.18 €4.48
$3.33 €2.88
55.56%
Potato (1kg)
$4.22 €3.65
$1.95 €1.69
116.41%
Onion (1kg)
$4.43 €3.84
$1.89 €1.64
134.39%
Lettuce (1 head)
$3.67 €3.18
$1.53 €1.32
139.87%
Water (1.5 liter bottle)
$7.00 €6.06
$0.54 €0.46
1196.30%
Cigarettes 20 Pack (Marlboro, Camel)
$14.43 €12.50
$7.03 €6.09
105.26%
Wine (Bottle)
$10.88 €9.43
$6.81 €5.90
59.77%
Local Beer (0.5 liter bottle)
$2.01 €1.74
$1.74 €1.50
15.52%
Imported Beer (0.33 liter bottle)
$5.14 €4.45
$2.44 €2.11
110.66%
🚌 Getting Around
Monaco
Italy
Difference
One-way Ticket (Public Transport)
$2.28 €1.98
$1.95 €1.69
16.92%
Public Transport Monthly Pass (Regular Price)
$25.89 €22.42
$41.74 €36.15
-37.97%
Taxi Start (Normal Tariff)
$6.82 €5.90
$5.63 €4.88
21.14%
Taxi (Normal Tariff) (1km)
$1.72 €1.49
$1.59 €1.37
8.18%
Taxi 1hour Waiting (Normal Tariff)
$106 €91.7
$35.32 €30.59
199.92%
Gasoline (1 liter)
$2.41 €2.09
$2.08 €1.80
15.87%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$55.4K €48.0K
$32.6K €28.2K
70.00%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$51.5K €44.6K
$33.2K €28.7K
55.37%
🧾 Monthly Utilities & Internet
Monaco
Italy
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$357 €309
$225 €194
58.99%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$60.2 €52.2
$13.40 €11.60
349.55%
Internet (50+ Mbps, Unlimited Data)
$69.8 €60.4
$31.48 €27.26
121.57%
🎉 Sport & Entertainment
Monaco
Italy
Difference
Gym Membership (Monthly)
$389 €337
$57.4 €49.68
577.37%
Tennis Court (1 Hour on Weekend)
$44.69 €38.70
$25.47 €22.06
75.46%
Cinema Ticket
$13.87 €12.02
$10.36 €8.98
33.88%
🧸 Childcare & Education
Monaco
Italy
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$2,695 €2,334
$576 €499
368.04%
International Primary School, 1 Child (Yearly)
$35.3K €30.6K
$10.7K €9,292
228.94%
👕👟 Clothing & Footwear
Monaco
Italy
Difference
Jeans (Levis 501 Or Similar)
$186 €161
$91.0 €78.8
104.20%
Summer Dress (H&M, Zara, etc)
$82.8 €71.7
$39.85 €34.51
107.80%
Sport Shoes (Adidas, Nike)
$198 €171
$99.9 €86.5
98.03%
Men's Leather Business Shoes
$680 €589
$130 €112
425.00%
🏠 Accommodation & Living
Monaco
Italy
Difference
1-bedroom Apartment, City Center (Monthly)
$7,088 €6,138
$855 €740
729.44%
1-bedroom Apartment, Outside City Center (Monthly)
$7,941 €6,877
$664 €575
1095.89%
3-bedroom Apartment, City Center (Monthly)
$33.1K €28.6K
$1,508 €1,306
2092.42%
3-bedroom Apartment, Outside City Center (Monthly)
$7,319 €6,339
$1,105 €957
562.66%
Buy Apartment in City Center (m2)
$68.1K €59.0K
$3,810 €3,300
1686.93%
Buy Apartment Outside City Center (m2)
$58.8K €50.9K
$2,467 €2,137
2282.90%
💵 Salaries & Financials
Monaco
Italy
Difference
Average Monthly Net Salary (After Tax)
$8,962 €7,762
$1,932 €1,673
364.01%
20-Year Fixed Mortgage Interest Rate (Annual %)
2.83
4.41
-35.83%

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

Last update for Monaco: March 2, 2026

Last update for Italy: 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