Cost of living comparison

compared to

Monaco vs. Colombo Cost of Living Summary

Monaco is 17.4 times more expensive than Colombo.

Restaurants: pay 8.1 times more in Monaco
Groceries: pay 2.6 times more in Monaco
Transportation: pay 3.3 times more in Monaco
Housing: pay 18.0 times more in Monaco
Childcare: pay 72.9 times more in Monaco
Entertainment and Sports: pay 9.8 times more in Monaco
Clothing: pay 7.3 times more in Monaco

The cost of childcare, housing, entertainment and sports, restaurants, clothing, and transportation in Monaco are more expensive than in Colombo. Notably, childcare, housing, and entertainment and sports are significantly more expensive in Monaco.

Monaco vs. Colombo Cost Breakdown

If you lived in Monaco instead of Colombo, you would:

Display currency: USD

pay 8.1 times more for restaurants

	Colombo	Monaco
Basic meal with drink at inexpensive restaurant	$3.40 LKR996.48	$20.90 €20.27	+515.1%
Fast food combo meal McDonalds, or similar	$7.48 LKR2,192.26	$12.33 €11.95	+64.9%
Bottle of Coca-Cola (11 fl. oz)	$0.74 LKR216.74	$4.67 €4.53	+532.3%
Bottle of water (11 fl. oz)	$0.39 LKR114.60	$7.08 €6.87	+1711.8%
Average			+706.0%

Colombo vs. Monaco - Cost of restaurants

Improve prices · Change currency (USD)

pay 2.6 times more for groceries

	Colombo	Monaco
Bread 1 loaf	$0.57 LKR167.05	$6.56 €6.37	+1052.5%
Local cheese (8 oz)	$6.94 LKR2,033.96	$8.04 €7.80	+15.9%
Milk (1 gallon)	$6.54 LKR1,917.74	$7.10 €6.89	+8.6%
Eggs 1 dozen	$2.22 LKR650.27	$3.56 €3.45	+60.5%
Boneless chicken breast (1 lb)	$2.38 LKR698.19	$4.76 €4.62	+99.9%
Apples (1 lb)	$3.28 LKR960.80	$2.07 €2.00	-36.9%
Bananas (1 lb)	$0.51 LKR149.63	$1.22 €1.18	+138.2%
Oranges (1 lb)	$2.65 LKR775.76	$1.22 €1.18	-54.1%
Tomatoes (1 lb)	$0.53 LKR155.29	$1.80 €1.74	+239.5%
Potatoes (1 lb)	$0.51 LKR149.09	$0.95 €0.92	+86.2%
Onions (1 lb)	$0.55 LKR160.02	$1.46 €1.41	+167.0%
Average			+161.6%

Colombo vs. Monaco - Cost of groceries

Improve prices · Change currency (USD)

pay 3.3 times more for transportation

	Colombo	Monaco
Gasoline (1 gallon)	$4.84 LKR1,418.06	$8.55 €8.29	+76.8%
Monthly public transit pass	$6.80 LKR1,992.97	$23.58 €22.87	+247.0%
New Volkswagen Golf 1.4 (standard edition)	$35,303.89 LKR10,353,460.86	$46,276.05 €44,878.10	+31.1%
Taxi trip in downtown area (5 miles)	$3.13 LKR916.76	$20.36 €19.75	+551.4%
Average			+226.6%

Colombo vs. Monaco - Cost of transportation

Improve prices · Change currency (USD)

pay 18.0 times more for housing

	Colombo	Monaco
Internet connection 50 mbps or faster, cable/dsl	$16.40 LKR4,809.22	$61.09 €59.25	+272.5%
1-Bedroom apartment in downtown area	$297.60 LKR87,275.32	$8,084.96 €7,840.73	+2616.7%
1-Bedroom apartment outside city center	$180.09 LKR52,813.51	$6,430.58 €6,236.32	+3470.8%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$43.85 LKR12,858.72	$235.04 €227.94	+436.1%
Average			+1699.0%

Colombo vs. Monaco - Cost of housing

Improve prices · Change currency (USD)

pay 72.9 times more for childcare

	Colombo	Monaco
Private preschool for 1 child, monthly	$28.60 LKR8,387.07	$2,089.94 €2,026.80	+7207.8%
Middle school for 1 child, two semesters	$586.98 LKR172,142.48	$42,736.55 €41,445.53	+7180.7%
Average			+7194.2%

Colombo vs. Monaco - Cost of childcare

Improve prices · Change currency (USD)

pay 9.8 times more for entertainment and sports

	Colombo	Monaco
Domestic/local beer (1 pint)	$2.04 LKR597.89	$8.57 €8.32	+320.6%
Cappuccino in mid-range area	$2.59 LKR759.73	$6.62 €6.42	+155.5%
Pack of cigarettes Marlboro or similar	$9.34 LKR2,740.33	$13.40 €12.99	+43.4%
Monthly membership at local gym	$13.89 LKR4,072.17	$515.79 €500.20	+3614.6%
Movie ticket to theater/cinema	$3.40 LKR996.48	$12.86 €12.47	+278.5%
Average			+882.5%

Colombo vs. Monaco - Cost of entertainment and sports

Improve prices · Change currency (USD)

pay 7.3 times more for clothing

	Colombo	Monaco
Regular jeans Levi's brand	$29.69 LKR8,707.27	$174.43 €169.16	+487.5%
Regular dress from H&M or similar store	$22.31 LKR6,543.57	$75.29 €73.02	+237.4%
Running shoes Nike or Adidas	$68.77 LKR20,167.95	$219.18 €212.55	+218.7%
Men's business shoes (leather)	$37.51 LKR10,999.64	$625.91 €607.00	+1568.8%
Average			+628.1%

Colombo vs. Monaco - Cost of clothing

Improve prices · Change currency (USD)

The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: January 2025

More cost comparisons

Colombo vs.

Lima

Colombo vs.

Athens

Colombo vs.

London

Colombo vs.

Wellington

Colombo vs.

Berlin

Colombo vs.

Dublin

Colombo vs.

Singapore

Colombo vs.

Manila

Share this

Compare countries by overall cost of living

See the cost of living in Sri Lanka vs. Monaco. This provides a comparison of the average cost of living from cities within Sri Lanka and Monaco.

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

Add prices for Colombo

Add prices for Monaco

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Monaco or Colombo. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.