Last update: Oct 2026

Cost of Living Comparison Between Monte Carlo and Austin, TX

For one person, living is cheaper in Austin, TX: $2,704 a month against $8,081 in Monte Carlo, rent and utilities included – about $64,500 less a year. Rent and utilities account for most of the difference.

400

Cost of Living Index in Monte Carlo
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Monte Carlo Living Index
129

Cost of Living Index in Austin, TX
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Austin, TX Living Index

Jump to prices

Monte Carlo

🇲🇨 Monaco

$8,081

/mo nomad

Austin, TX

🇺🇸 United States

$2,704

/mo nomad

Monthly Cost of Living

How much you'll spend in Monte Carlo and in Austin, TX

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Monte Carlo and in Austin, TX actually costs, broken down by who's living it.

Monthly costs for one person with rent: $8,081 in Monte Carlo versus $2,704 in Austin, TX.

Monte Carlo $8,081
Austin, TX $2,704

Estimated couple costs with rent: $12.7K in Monte Carlo versus $4,133 in Austin, TX.

Monte Carlo $12.7K
Austin, TX $4,133

Monthly costs for a family of three with rent: $17.3K in Monte Carlo versus $5,562 in Austin, TX.

Monte Carlo $17.3K
Austin, TX $5,562

Living in Monte Carlo is roughly 199% more expensive than in Austin, TX, and outside of rent the biggest gap is in leisure.

Both cities are pricier than the global median: Monte Carlo 503% above, Austin, TX 102% above.

Meal at Budget Restaurant

$41.52 €37.05

$20.22 $20.22

105.34%

Three-Course Dinner for Two, Mid-Range

$127 €113

$85.0 $85.0

49.03%

Fast Food Meal (McDonalds, etc)

$11.24 €10.03

$12.35 $12.35

-8.99%

Cappuccino

$4.22 €3.77

$5.47 $5.47

-22.85%

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

$9.19 €8.20

$3.82 $3.82

140.58%

Water (0.33 liter bottle)

$10.41 €9.29

$2.50 $2.50

316.40%

Local Beer (0.5 liter draught)

$10.28 €9.18

$8.06 $8.06

27.54%

Imported Beer (0.33 liter bottle)

$13.51 €12.06

$8.99 $8.99

50.28%

Milk (1 liter)

$2.27 €2.02

$1.13 $1.13

100.88%

White Bread (500g)

$5.02 €4.48

$3.78 $3.78

32.80%

Rice (white) (1kg)

$4.47 €3.99

$3.25 $3.25

37.54%

Eggs

$4.76 €4.25

$4.14 $4.14

14.98%

Local Cheese (1kg)

$21.69 €19.35

$13.08 $13.08

65.83%

Chicken Fillets (1kg)

$17.16 €15.31

$14.31 $14.31

19.92%

Beef Round Steak (1kg)

$22.20 €19.81

$15.96 $15.96

39.10%

Apples (1kg)

$5.99 €5.34

$4.38 $4.38

36.76%

Banana (1kg)

$7.34 €6.55

$1.45 $1.45

406.21%

Oranges (1kg)

$4.84 €4.32

$4.54 $4.54

6.61%

Tomato (1kg)

$8.61 €7.68

$4.19 $4.19

105.49%

Potato (1kg)

$5.46 €4.87

$2.63 $2.63

107.60%

Onion (1kg)

$5.63 €5.03

$2.36 $2.36

138.56%

Lettuce (1 head)

$4.94 €4.41

$1.76 $1.76

180.68%

Water (1.5 liter bottle)

$6.27 €5.59

$2.16 $2.16

190.28%

Cigarettes 20 Pack (Marlboro, Camel)

$12.26 €10.94

$9.81 $9.81

24.97%

Wine (Bottle)

$16.51 €14.73

$14.72 $14.72

12.16%

Local Beer (0.5 liter bottle)

$1.94 €1.73

$2.78 $2.78

-30.22%

Imported Beer (0.33 liter bottle)

$4.52 €4.04

$3.48 $3.48

29.89%

One-way Ticket (Public Transport)

$1.99 €1.78

$1.49 $1.49

33.56%

Public Transport Monthly Pass (Regular Price)

$37.72 €33.66

$40.51 $40.51

-6.89%

Taxi Start (Normal Tariff)

$5.74 €5.12

$2.67 $2.67

114.98%

Taxi (Normal Tariff) (1km)

$2.20 €1.96

$1.58 $1.58

39.24%

Taxi 1hour Waiting (Normal Tariff)

$114 €102

$35.29 $35.29

223.80%

Gasoline (1 liter)

$2.42 €2.16

$0.99 $0.99

144.44%

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

$54.4K €48.5K

$35.8K $35.8K

51.91%

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

$42.9K €38.3K

$27.2K $27.2K

57.81%

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

$537 €479

$219 $219

144.93%

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

$58.7 €52.4

$58.0 $58.0

1.28%

Internet (50+ Mbps, Unlimited Data)

$95.2 €85.0

$68.4 $68.4

39.32%

Gym Membership (Monthly)

$534 €476

$57.9 $57.9

822.09%

Tennis Court (1 Hour on Weekend)

$55.3 €49.37

$14.82 $14.82

273.28%

Cinema Ticket

$17.68 €15.78

$14.13 $14.13

25.12%

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

$3,590 €3,204

$1,509 $1,509

137.92%

International Primary School, 1 Child (Yearly)

$16.9K €15.1K

$21.5K $21.5K

-21.07%

Jeans (Levis 501 Or Similar)

$221 €197

$51.7 $51.7

328.20%

Summer Dress (H&M, Zara, etc)

$78.2 €69.8

$44.05 $44.05

77.46%

Sport Shoes (Adidas, Nike)

$195 €174

$85.1 $85.1

129.15%

Men's Leather Business Shoes

$278 €248

$105 $105

164.19%

1-bedroom Apartment, City Center (Monthly)

$2,841 €2,535

$1,932 $1,932

47.01%

1-bedroom Apartment, Outside City Center (Monthly)

$5,273 €4,705

$1,272 $1,272

314.41%

3-bedroom Apartment, City Center (Monthly)

$11.3K €10.1K

$3,670 $3,670

208.58%

3-bedroom Apartment, Outside City Center (Monthly)

$11.0K €9,814

$2,525 $2,525

335.56%

Buy Apartment in City Center (m2)

$106.9K €95.4K

$7,617 $7,617

1302.84%

Buy Apartment Outside City Center (m2)

$85.5K €76.3K

$3,199 $3,199

2572.43%

Average Monthly Net Salary (After Tax)

$8,734 €7,794

$5,105 $5,105

71.10%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.79

-70.54%

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

Last update for Monte Carlo: October 4, 2026

Last update for Austin, TX: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Monte Carlo

$5.3K 64.7%

Austin, TX

$1.3K 48.2% 75.9% $4K

Monthly Utilities & Internet

Monte Carlo

$691 8.5%

Austin, TX

$346 13.1% 50% $345

Groceries & Markets

Monte Carlo

$638 7.8%

Austin, TX

$403 15.3% 36.8% $235

Eating Out

Monte Carlo

$573 7%

Austin, TX

$348 13.2% 39.3% $225

Sport & Entertainment

Monte Carlo

$569 7%

Austin, TX

$86 3.3% 84.9% $483

Clothing & Footwear

Monte Carlo

$348 4.3%

Austin, TX

$129 4.9% 63% $219

Getting Around

Monte Carlo

$62 0.8%

Austin, TX

$57 2.2% 8.7% $5.4

Cost Breakdown

A one-bedroom apartment in the center runs $2,841 in Monte Carlo and $1,932 in Austin, TX. Housing cost is often the main lever when comparing two cities.

Monte Carlo pays 71% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $127 in Monte Carlo vs $85.0 in Austin, TX for a mid-range dinner for two. Groceries echo the gap at $638 vs $403 per month, with Austin, TX cheaper across the board.

Good to know

🇲🇨 Monte Carlo

🇺🇸 Austin, TX

🕒 Local time

08:35 8:35 AM

01:35 1:35 AM

7 h behind Monte Carlo

🌤 Weather

👥 Population

15,507

974,447

💱 Currency

Euro EUR €

United States Dollar USD $

📈 Exchange rate

1 EUR = 1.12 USD

1 USD = 0.892 EUR

Exchange rates and currency converter

On the map

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Between locations

Monte Carlo Austin, TX 8,820 km ≈ 12 h nonstop flight

From you

Monte Carlo
Austin, TX

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.

Digital Nomad Cost of Living Index

Monte Carlo vs Austin, TX: Cost of Living - Frequently Asked Questions

Austin, TX wins on cost – living expenses run 199% lower than in Monte Carlo. Housing and daily spending are where you'll feel the difference most, making Austin, TX the obvious pick if budget is a priority.

Average pay runs 71% higher in Monte Carlo, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $2,841 in Monte Carlo versus $1,932 in Austin, TX. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $8,081 per month in Monte Carlo versus $2,704 in Austin, TX – a 199% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Austin, TX runs roughly 7% less than in Monte Carlo. Both cities have functional networks, but the price difference matters if you're watching your budget.

Both cities are expensive relative to $2,000. Austin, TX is the more realistic option, but even there you'll need to be disciplined with housing, food, and fun money.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Monte Carlo and Austin, TX are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Austin, TX gentler on the wallet – expenses run 199% less than in Monte Carlo. Beyond cost, consider language, visa policies, and how big the international community is in each city.