Cost of living comparison
Monaco is 2.2 times more expensive than Copenhagen.
- Restaurants
-
pay 36.0% more in Monaco
- Groceries
-
pay 9.9% more in Monaco
- Transportation
-
pay 22.9% less in Monaco
- Housing
-
pay 3.3 times more in Monaco
- Childcare
-
pay 3.5 times more in Monaco
- Entertainment and Sports
-
pay 3.2 times more in Monaco
- Clothing
-
pay 2.1 times more in Monaco
The cost of childcare, housing, entertainment and sports, clothing, restaurants, and groceries in Monaco are more expensive than in Copenhagen. Notably, childcare, housing, and entertainment and sports are significantly more expensive in Monaco.
If you lived in Monaco instead of Copenhagen, you would:
pay 36.0% more for restaurants
|
Copenhagen
|
Monaco
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$21.56
DKK155.98
|
$20.90
€20.27
|
|
|
Fast food combo meal
McDonalds, or similar
|
$14.37
DKK103.98
|
$12.33
€11.95
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.78
DKK27.35
|
$4.67
€4.53
|
|
| Bottle of water (11 fl. oz) |
$2.98
DKK21.55
|
$7.08
€6.87
|
|
pay 9.9% more for groceries
|
Copenhagen
|
Monaco
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.78
DKK27.36
|
$6.56
€6.37
|
|
| Local cheese (8 oz) |
$6.47
DKK46.81
|
$8.04
€7.80
|
|
| Milk (1 gallon) |
$7.42
DKK53.71
|
$7.10
€6.89
|
|
|
Eggs
1 dozen
|
$4.75
DKK34.39
|
$3.56
€3.45
|
|
| Boneless chicken breast (1 lb) |
$5.10
DKK36.89
|
$4.76
€4.62
|
|
| Apples (1 lb) |
$1.41
DKK10.20
|
$2.07
€2.00
|
|
| Bananas (1 lb) |
$1.42
DKK10.24
|
$1.22
€1.18
|
|
| Oranges (1 lb) |
$1.51
DKK10.93
|
$1.22
€1.18
|
|
| Tomatoes (1 lb) |
$2.12
DKK15.30
|
$1.80
€1.74
|
|
| Potatoes (1 lb) |
$1.07
DKK7.74
|
$0.95
€0.92
|
|
| Onions (1 lb) |
$0.90
DKK6.54
|
$1.46
€1.41
|
|
pay 22.9% less for transportation
|
Copenhagen
|
Monaco
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.78
DKK56.30
|
$8.55
€8.29
|
|
| Monthly public transit pass |
$100.30
DKK725.69
|
$23.58
€22.87
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$50,303.99
DKK363,944.37
|
$46,276.05
€44,878.10
|
|
| Taxi trip in downtown area (5 miles) |
$24.43
DKK176.77
|
$20.36
€19.75
|
|
pay 3.3 times more for housing
|
Copenhagen
|
Monaco
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$36.84
DKK266.53
|
$61.09
€59.25
|
|
| 1-Bedroom apartment in downtown area |
$1,691.68
DKK12,239.10
|
$8,084.96
€7,840.73
|
|
| 1-Bedroom apartment outside city center |
$1,264.98
DKK9,152.03
|
$6,430.58
€6,236.32
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$151.98
DKK1,099.56
|
$235.04
€227.94
|
|
pay 3.5 times more for childcare
|
Copenhagen
|
Monaco
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$580.24
DKK4,197.99
|
$2,089.94
€2,026.80
|
|
| Middle school for 1 child, two semesters |
$12,599.95
DKK91,159.40
|
$42,736.55
€41,445.53
|
|
pay 3.2 times more for entertainment and sports
|
Copenhagen
|
Monaco
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$8.62
DKK62.39
|
$8.57
€8.32
|
|
| Cappuccino in mid-range area |
$6.19
DKK44.79
|
$6.62
€6.42
|
|
|
Pack of cigarettes
Marlboro or similar
|
$9.05
DKK65.51
|
$13.40
€12.99
|
|
| Monthly membership at local gym |
$43.41
DKK314.04
|
$515.79
€500.20
|
|
| Movie ticket to theater/cinema |
$18.68
DKK135.18
|
$12.86
€12.47
|
|
pay 2.1 times more for clothing
|
Copenhagen
|
Monaco
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$115.64
DKK836.66
|
$174.43
€169.16
|
|
|
Regular dress
from H&M or similar store
|
$48.78
DKK352.95
|
$75.29
€73.02
|
|
|
Running shoes
Nike or Adidas
|
$121.38
DKK878.14
|
$219.18
€212.55
|
|
| Men's business shoes (leather) |
$174.89
DKK1,265.29
|
$625.91
€607.00
|
|
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