Cost of living comparison
Monaco is 56.7% more expensive than Cayman Islands overall.
- Restaurants
-
pay 69.5% more in Monaco
- Groceries
-
pay 2.1% less in Monaco
- Transportation
-
pay 0.3% more in Monaco
- Housing
-
pay 2.2 times more in Monaco
- Childcare
-
pay 52.6% more in Monaco
- Entertainment and Sports
-
pay 53.1% more in Monaco
- Clothing
-
pay 2.1 times more in Monaco
The cost of housing, clothing, restaurants, entertainment and sports, childcare, and transportation in Monaco are more expensive than in Cayman Islands. Notably, housing and clothing are significantly more expensive in Monaco.
If you lived in Monaco instead of Cayman Islands, you would:
pay 69.5% more for restaurants
|
Cayman Islands
|
Monaco
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$25.60
KYD21.30
|
$36.21
€35.12
|
|
|
Fast food combo meal
McDonalds, or similar
|
$13.32
KYD11.08
|
$11.32
€10.97
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.73
KYD3.10
|
$5.61
€5.44
|
|
| Bottle of water (11 fl. oz) |
$2.91
KYD2.42
|
$8.77
€8.50
|
|
pay 2.1% less for groceries
|
Cayman Islands
|
Monaco
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.97
KYD4.14
|
$5.69
€5.52
|
|
| Local cheese (8 oz) |
$6.42
KYD5.34
|
$11.39
€11.04
|
|
| Milk (1 gallon) |
$10.93
KYD9.09
|
$8.62
€8.36
|
|
|
Eggs
1 dozen
|
$7.59
KYD6.31
|
$5.55
€5.38
|
|
| Boneless chicken breast (1 lb) |
$5.68
KYD4.72
|
$8.45
€8.19
|
|
| Apples (1 lb) |
$4.21
KYD3.50
|
$2.57
€2.49
|
|
| Bananas (1 lb) |
$2.08
KYD1.73
|
$2.47
€2.40
|
|
| Oranges (1 lb) |
$3.17
KYD2.63
|
$1.98
€1.92
|
|
| Tomatoes (1 lb) |
$3.42
KYD2.84
|
$2.92
€2.84
|
|
| Potatoes (1 lb) |
$2.38
KYD1.98
|
$1.69
€1.64
|
|
| Onions (1 lb) |
$2.38
KYD1.98
|
$2.02
€1.96
|
|
pay 0.3% more for transportation
|
Cayman Islands
|
Monaco
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.65
KYD5.53
|
$8.68
€8.41
|
|
| Monthly public transit pass |
$29.82
KYD24.81
|
$29.74
€28.84
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,788.85
KYD29,774.03
|
$49,160.43
€47,675.35
|
|
| Taxi trip in downtown area (5 miles) |
$63.62
KYD52.93
|
$21.44
€20.79
|
|
pay 2.2 times more for housing
|
Cayman Islands
|
Monaco
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$111.35
KYD92.63
|
$110.93
€107.58
|
|
| 1-Bedroom apartment in downtown area |
$2,726.77
KYD2,268.50
|
$9,401.30
€9,117.29
|
|
| 1-Bedroom apartment outside city center |
$1,977.92
KYD1,645.50
|
$6,591.34
€6,392.23
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$302.47
KYD251.63
|
$292.40
€283.57
|
|
pay 52.6% more for childcare
|
Cayman Islands
|
Monaco
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,465.64
KYD1,219.32
|
$2,759.79
€2,676.42
|
|
| Middle school for 1 child, two semesters |
$25,139.68
KYD20,914.60
|
$29,406.50
€28,518.16
|
|
pay 53.1% more for entertainment and sports
|
Cayman Islands
|
Monaco
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$7.56
KYD6.29
|
$9.11
€8.83
|
|
| Cappuccino in mid-range area |
$6.41
KYD5.33
|
$6.29
€6.10
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.12
KYD10.92
|
$12.06
€11.69
|
|
| Monthly membership at local gym |
$138.18
KYD114.96
|
$512.44
€496.96
|
|
| Movie ticket to theater/cinema |
$17.89
KYD14.89
|
$15.00
€14.55
|
|
pay 2.1 times more for clothing
|
Cayman Islands
|
Monaco
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$89.47
KYD74.44
|
$194.39
€188.52
|
|
|
Regular dress
from H&M or similar store
|
$70.09
KYD58.31
|
$75.16
€72.89
|
|
|
Running shoes
Nike or Adidas
|
$119.30
KYD99.25
|
$203.37
€197.22
|
|
| Men's business shoes (leather) |
$137.19
KYD114.13
|
$446.93
€433.42
|
|
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