Cost of living comparison
Monaco is 2.9 times more expensive than Canada.
If you lived in Monaco instead of Canada, you would:
pay 2.9 times more for restaurants
|
Canada
|
Monaco
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$16.37
CA$23.09
|
$36.21
€34.34
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.01
CA$14.12
|
$11.32
€10.73
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.00
CA$2.81
|
$5.61
€5.32
|
|
| Bottle of water (11 fl. oz) |
$1.62
CA$2.28
|
$8.77
€8.31
|
|
pay 84.3% more for groceries
|
Canada
|
Monaco
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.48
CA$3.50
|
$5.69
€5.40
|
|
| Local cheese (8 oz) |
$5.30
CA$7.48
|
$11.39
€10.80
|
|
| Milk (1 gallon) |
$8.04
CA$11.33
|
$8.62
€8.18
|
|
|
Eggs
1 dozen
|
$3.39
CA$4.78
|
$5.55
€5.26
|
|
| Boneless chicken breast (1 lb) |
$5.12
CA$7.22
|
$8.45
€8.01
|
|
| Apples (1 lb) |
$1.79
CA$2.52
|
$2.57
€2.44
|
|
| Bananas (1 lb) |
$0.64
CA$0.90
|
$2.47
€2.34
|
|
| Oranges (1 lb) |
$1.60
CA$2.25
|
$1.98
€1.88
|
|
| Tomatoes (1 lb) |
$1.74
CA$2.46
|
$2.92
€2.77
|
|
| Potatoes (1 lb) |
$1.16
CA$1.63
|
$1.69
€1.60
|
|
| Onions (1 lb) |
$1.14
CA$1.61
|
$2.02
€1.92
|
|
pay 44.0% more for transportation
|
Canada
|
Monaco
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.35
CA$6.13
|
$8.68
€8.23
|
|
| Monthly public transit pass |
$65.88
CA$92.90
|
$29.74
€28.21
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$24,555.94
CA$34,627.56
|
$49,160.43
€46,621.89
|
|
| Taxi trip in downtown area (5 miles) |
$16.33
CA$23.03
|
$21.44
€20.33
|
|
pay 4.5 times more for housing
|
Canada
|
Monaco
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$60.95
CA$85.95
|
$110.93
€105.20
|
|
| 1-Bedroom apartment in downtown area |
$1,220.42
CA$1,720.97
|
$9,401.30
€8,915.83
|
|
| 1-Bedroom apartment outside city center |
$1,114.36
CA$1,571.41
|
$6,591.34
€6,250.98
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$115.39
CA$162.71
|
$292.40
€277.30
|
|
pay 3.1 times more for childcare
|
Canada
|
Monaco
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$729.99
CA$1,029.39
|
$2,759.79
€2,617.28
|
|
| Middle school for 1 child, two semesters |
$12,017.58
CA$16,946.59
|
$29,406.50
€27,888.01
|
|
pay 3.5 times more for entertainment and sports
|
Canada
|
Monaco
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.20
CA$7.33
|
$9.11
€8.64
|
|
| Cappuccino in mid-range area |
$3.58
CA$5.05
|
$6.29
€5.97
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.91
CA$18.21
|
$12.06
€11.43
|
|
| Monthly membership at local gym |
$42.97
CA$60.59
|
$512.44
€485.98
|
|
| Movie ticket to theater/cinema |
$10.95
CA$15.44
|
$15.00
€14.23
|
|
pay 3.1 times more for clothing
|
Canada
|
Monaco
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$53.89
CA$75.99
|
$194.39
€184.35
|
|
|
Regular dress
from H&M or similar store
|
$39.01
CA$55.01
|
$75.16
€71.28
|
|
|
Running shoes
Nike or Adidas
|
$84.94
CA$119.77
|
$203.37
€192.87
|
|
| Men's business shoes (leather) |
$102.12
CA$144.00
|
$446.93
€423.85
|
|
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