Cost of Living in Monaco

Summary of cost of living in Monaco:

The estimated monthly costs for a family of four are 8,068.8$ (6,938.2€), excluding rent.
The estimated monthly costs for a single person are 2,211.8$ (1,901.9€), excluding rent.
Cost of living in Monaco is, on average, 140.7% higher than in United States.
Rent in Monaco is, on average, 690.7% higher than in United States.

Restaurants	Edit	Range
Meal at an Inexpensive Restaurant	25.00 €	15.00-50.00
Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks)	150.00 €	110.77-300.00
Combo Meal at McDonald's (or Equivalent Fast-Food Meal)	11.00 €	9.23-11.90
Domestic Draft Beer (1 Pint)	9.00 €	4.50-11.08
Imported Beer (12 oz Small Bottle)	8.10 €	5.50-12.00
Cappuccino (Regular Size)	4.08 €	2.20-8.00
Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle)	5.84 €	4.77-7.00
Bottled Water (12 oz)	7.00 €	4.00-20.00
Markets	Edit
Milk (Regular, 1 Liter)	1.88 €	1.25-2.00
Fresh White Bread (1 lb Loaf)	4.08 €	2.14-5.44
White Rice (1 lb)	1.23 €	0.91-2.72
Eggs (12, Large Size)	4.49 €	2.40-5.00
Local Cheese (1 lb)	9.07 €	6.80-11.34
Chicken Fillets (1 lb)	7.94 €	4.35-9.07
Beef Round or Equivalent Back Leg Red Meat (1 lb)	9.07 €	4.08-9.07
Apples (1 lb)	1.72 €	0.75-2.72
Bananas (1 lb)	2.42 €	0.91-3.63
Oranges (1 lb)	1.56 €	0.79-3.63
Tomatoes (1 lb)	2.19 €	1.36-4.08
Potatoes (1 lb)	1.97 €	0.91-2.27
Onions (1 lb)	1.81 €	0.91-2.27
Lettuce (1 Head)	2.16 €	1.19-6.00
Bottled Water (50 oz)	8.33 €	2.00-9.00
Bottle of Wine (Mid-Range)	12.00 €	5.00-15.00
Domestic Beer (16.9 oz Bottle)	1.55 €	1.00-2.00
Imported Beer (12 oz Small Bottle)	4.32 €	3.00-5.00
Cigarettes (Pack of 20, Marlboro)	13.25 €	8.00-15.00
Transportation	Edit
One-Way Ticket (Local Transport)	2.00 €	1.70-2.00
Monthly Public Transport Pass (Regular Price)	22.00 €	22.00-50.00
Taxi Start (Standard Tariff)	5.00 €	5.00-5.00
Taxi 1 mile (Standard Tariff)	3.22 €	2.25-3.22
Taxi 1 Hour Waiting (Standard Tariff)	80.00 €	60.00-100.00
Gasoline (1 Liter)	2.07 €	2.00-2.13
Volkswagen Golf 1.5 (or Equivalent New Compact Car)	48,355.00 €	38,000.00-48,560.00
Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car)	42,641.50 €	35,000.00-39,000.00
Utilities (Monthly)	Edit
Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage)	331.05 €	187.00-500.00
Mobile Phone Plan (Monthly, with Calls and 10GB+ Data)	59.00 €	32.00-80.00
Broadband Internet (Unlimited Data, 60 Mbps or Higher)	68.60 €	49.00-150.00
Sports And Leisure	Edit
Monthly Fitness Club Membership	362.50 €	125.00-500.00
Tennis Court Rental (1 Hour, Weekend)	42.00 €	20.00-55.00
Cinema Ticket (International Release)	12.00 €	10.00-20.00
Childcare	Edit
Private Full-Day Preschool or Kindergarten, Monthly Fee per Child	2,366.67 €	700.00-3,200.00
International Primary School, Annual Tuition per Child	30,875.00 €	24,000.00-60,000.00
Clothing And Shoes	Edit
Jeans (Levi's 501 or Similar)	150.20 €	75.00-200.00
Summer Dress in a Chain Store (e.g. Zara or H&M)	64.50 €	32.00-100.00
Nike Running Shoes (Mid-Range)	168.60 €	100.00-299.00
Men's Leather Business Shoes	500.50 €	250.00-800.00
Rent Per Month	Edit
1 Bedroom Apartment in City Centre	7,833.33 €	2,500.00-13,000.00
1 Bedroom Apartment Outside of City Centre	5,106.00 €	2,000.00-12,500.00
3 Bedroom Apartment in City Centre	31,900.00 €	10,000.00-78,000.00
3 Bedroom Apartment Outside of City Centre	12,200.00 €	6,000.00-24,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	6,221.22 €	2,303.16-8,825.72
Price per Square Feet to Buy Apartment Outside of Centre	5,698.01 €	3,901.90-8,825.72
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	7,389.95 €
Annual Mortgage Interest Rate (20-Year Fixed, in %)	2.83	2.00-4.00

Prices in Monaco

This country had 197 entries in the past 12 months by 18 different contributors.
Last update: 28 October 2025
Our data for each country are based on all entries from all cities in that country.

Sources and References