Last update: Oct 2026

Cost of Living Comparison Between the United Kingdom and Monaco

Name: Monaco
Address: MC

For one person, living is cheaper in the United Kingdom: $2,457 a month against $9,142 in Monaco, rent and utilities included – about $80,200 less a year. Rent and utilities account for most of the difference.

119

Cost of Living Index in the United Kingdom
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United Kingdom Living Index
442

Cost of Living Index in Monaco
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Monaco Living Index

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🇬🇧 United Kingdom

$2,457

/mo nomad

🇲🇨 Monaco

$9,142

/mo nomad

Monthly Cost of Living

How much you'll spend in the United Kingdom and in Monaco

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

Monthly costs for one person with rent: $2,457 in the United Kingdom versus $9,142 in Monaco.

United Kingdom $2,457
Monaco $9,142

Estimated couple costs with rent: $3,550 in the United Kingdom versus $12.0K in Monaco.

United Kingdom $3,550
Monaco $12.0K

Monthly costs for a family of three with rent: $4,643 in the United Kingdom versus $14.9K in Monaco.

United Kingdom $4,643
Monaco $14.9K

Internal cost variation is higher in Monaco: monthly costs span $8,081 to $13.9K, compared to $1,143–$4,086 in the United Kingdom. City choice carries more weight in Monaco.

Living in the United Kingdom costs about 73% less than in Monaco on average.

Both countries sit above the global median: the United Kingdom 83% above, Monaco 582% above.

Meal at Budget Restaurant

$21.38 £16.16

$28.01 €25.00

-23.67%

Three-Course Dinner for Two, Mid-Range

$84.5 £63.9

$161 €144

-47.56%

Fast Food Meal (McDonalds, etc)

$10.54 £7.96

$12.67 €11.31

-16.81%

Cappuccino

$4.85 £3.66

$4.24 €3.78

14.39%

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

$2.53 £1.91

$5.88 €5.25

-56.97%

Water (0.33 liter bottle)

$1.84 £1.39

$7.57 €6.75

-75.69%

Local Beer (0.5 liter draught)

$6.81 £5.14

$10.24 €9.13

-33.50%

Imported Beer (0.33 liter bottle)

$6.51 £4.92

$9.77 €8.72

-33.37%

Milk (1 liter)

$1.68 £1.27

$1.85 €1.65

-9.19%

White Bread (500g)

$1.71 £1.29

$4.50 €4.02

-62.00%

Rice (white) (1kg)

$2.25 £1.70

$3.69 €3.30

-39.02%

Eggs

$3.96 £2.99

$5.12 €4.57

-22.66%

Local Cheese (1kg)

$9.53 £7.20

$17.98 €16.05

-47.00%

Chicken Fillets (1kg)

$8.97 £6.77

$18.99 €16.95

-52.76%

Beef Round Steak (1kg)

$14.70 £11.11

$22.45 €20.03

-34.52%

Apples (1kg)

$2.91 £2.20

$3.80 €3.39

-23.42%

Banana (1kg)

$1.62 £1.22

$6.01 €5.37

-73.04%

Oranges (1kg)

$2.86 £2.16

$3.72 €3.32

-23.12%

Tomato (1kg)

$3.44 £2.60

$6.13 €5.47

-43.88%

Potato (1kg)

$1.72 £1.30

$4.74 €4.23

-63.71%

Onion (1kg)

$1.54 £1.16

$4.95 €4.41

-68.89%

Lettuce (1 head)

$1.23 £0.93

$3.63 €3.24

-66.12%

Water (1.5 liter bottle)

$1.65 £1.24

$6.75 €6.03

-75.56%

Cigarettes 20 Pack (Marlboro, Camel)

$23.34 £17.63

$15.54 €13.86

50.19%

Wine (Bottle)

$10.71 £8.10

$7.70 €6.87

39.09%

Local Beer (0.5 liter bottle)

$3.01 £2.27

$1.97 €1.76

52.79%

Imported Beer (0.33 liter bottle)

$3.30 £2.50

$4.40 €3.92

-25.00%

One-way Ticket (Public Transport)

$3.48 £2.63

$2.26 €2.02

53.98%

Public Transport Monthly Pass (Regular Price)

$101 £76.0

$24.42 €21.80

311.88%

Taxi Start (Normal Tariff)

$5.39 £4.07

$5.44 €4.86

-0.92%

Taxi (Normal Tariff) (1km)

$2.38 £1.79

$1.97 €1.75

20.81%

Taxi 1hour Waiting (Normal Tariff)

$26.80 £20.25

$99.3 €88.7

-73.02%

Gasoline (1 liter)

$2.01 £1.52

$2.32 €2.07

-13.36%

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

$38.0K £28.7K

$54.2K €48.4K

-29.95%

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

$40.6K £30.7K

$50.7K €45.2K

-19.91%

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

$318 £240

$403 €360

-21.21%

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

$18.35 £13.87

$53.7 €47.88

-65.80%

Internet (50+ Mbps, Unlimited Data)

$41.75 £31.55

$68.9 €61.4

-39.36%

Gym Membership (Monthly)

$46.41 £35.07

$283 €252

-83.59%

Tennis Court (1 Hour on Weekend)

$18.28 £13.82

$52.3 €46.70

-65.07%

Cinema Ticket

$13.28 £10.04

$13.50 €12.05

-1.63%

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

$1,731 £1,308

$2,637 €2,353

-34.34%

International Primary School, 1 Child (Yearly)

$22.3K £16.8K

$35.0K €31.2K

-36.35%

Jeans (Levis 501 Or Similar)

$92.4 £69.9

$195 €174

-52.68%

Summer Dress (H&M, Zara, etc)

$46.27 £34.96

$81.3 €72.6

-43.11%

Sport Shoes (Adidas, Nike)

$101 £76.5

$193 €173

-47.63%

Men's Leather Business Shoes

$102 £76.7

$586 €523

-82.67%

1-bedroom Apartment, City Center (Monthly)

$1,321 £998

$9,331 €8,327

-85.84%

1-bedroom Apartment, Outside City Center (Monthly)

$1,086 £821

$6,752 €6,026

-83.91%

3-bedroom Apartment, City Center (Monthly)

$2,158 £1,631

$13.7K €12.2K

-84.27%

3-bedroom Apartment, Outside City Center (Monthly)

$1,708 £1,290

$9,294 €8,294

-81.63%

Buy Apartment in City Center (m2)

$5,523 £4,174

$72.4K €64.7K

-92.38%

Buy Apartment Outside City Center (m2)

$4,320 £3,265

$69.4K €61.9K

-93.78%

Average Monthly Net Salary (After Tax)

$3,264 £2,466

$9,270 €8,272

-64.79%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.32

2.83

87.99%

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

Last update for the United Kingdom: October 3, 2026

Last update for Monaco: October 4, 2026

Monthly budget structure

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

Accommodation & Living

United Kingdom

$1.1K 44.3%

Monaco

$6.8K 74.1% 522% $5.7K

Monthly Utilities & Internet

United Kingdom

$378 15.4%

Monaco

$526 5.8% 39.2% $148

Eating Out

United Kingdom

$325 13.3%

Monaco

$437 4.8% 34.4% $112

Groceries & Markets

United Kingdom

$305 12.4%

Monaco

$569 6.2% 86.6% $264

Clothing & Footwear

United Kingdom

$154 6.3%

Monaco

$475 5.2% 209% $321

Getting Around

United Kingdom

$132 5.4%

Monaco

$49 0.5% 63% $83

Sport & Entertainment

United Kingdom

$73 3%

Monaco

$310 3.4% 325% $237

Cost Breakdown

National rent averages: $1,253 in the United Kingdom, $3,951 in Monaco. Capital cities: $2,853 in London vs $9,011 in Monaco.

National salary averages: $3,229 in the United Kingdom, $9,240 in Monaco. Higher pay doesn't always mean more spending money – weigh income against local costs.

Cost Highlights

Rent is 215% higher in Monaco.

Dining out costs 82% more in Monaco.

Public transport is 200% more expensive in the United Kingdom.

Salaries are 186% higher in Monaco, and purchasing power comes out stronger in the United Kingdom.

Good to know

🇬🇧 United Kingdom

🇲🇨 Monaco

🕒 Local time

14:55 2:55 PM

15:55 3:55 PM

1 h ahead of the United Kingdom

🌤 Weather

👥 Population

67,326,569

38,350

💱 Currency

British Pound GBP £

Euro EUR €

📈 Exchange rate

1 GBP = 1.32 USD

1 GBP = 1.18 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to GBP – British Pound Converter

🇺🇸 United States Dollar ($)

🇬🇧 British Pound (£)

British Pound exchange rates as of October 10, 2026: 1 USD = 0.756 GBP (1 GBP = 1.32 USD). 1 EUR = 0.847 GBP (1 GBP = 1.18 EUR).

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

USD to GBP in detail →

On the map

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Highest

Between locations

United Kingdom Monaco 1,030 km ≈ 1 h 45 min nonstop flight

From you

United Kingdom
Monaco

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

United Kingdom vs Monaco: Cost of Living - Frequently Asked Questions

At $9,142 per month in Monaco and $2,457 in the United Kingdom, there's a 272% gap. Keep in mind it varies by city – the difference can be bigger or smaller depending on where you settle within each country.

Rent for a central one-bedroom averages $3,951 in Monaco and $1,253 in the United Kingdom. Rents vary a lot between cities, so the gap depends on where you settle.

In the United Kingdom, $4,000 covers most cities easily; in Monaco it stretches only to regional areas and falls short in the capital – you'll need to make trade-offs on housing or lifestyle.

It depends on what you're after: the United Kingdom wins on affordability; Monaco may offer higher salaries, better infrastructure, and different cultural perks. Both attract large expat communities for different reasons.