Cost of living comparison
Monaco is 45.6% more expensive than George Town.
- Restaurants
-
pay 29.0% more in Monaco
- Groceries
-
pay 36.3% less in Monaco
- Transportation
-
pay 10.5% less in Monaco
- Housing
-
pay 65.4% more in Monaco
- Childcare
-
pay 50.1% more in Monaco
- Entertainment and Sports
-
pay 96.2% more in Monaco
- Clothing
-
pay 2.3 times more in Monaco
The cost of clothing, entertainment and sports, housing, childcare, and restaurants in Monaco are more expensive than in George Town. Expenses including groceries and transportation are lower in Monaco. Notably, clothing and entertainment and sports are significantly more expensive in Monaco.
If you lived in Monaco instead of George Town, you would:
pay 29.0% more for restaurants
|
George Town
|
Monaco
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$29.82
KYD24.81
|
$20.90
€20.27
|
|
|
Fast food combo meal
McDonalds, or similar
|
$15.51
KYD12.90
|
$12.33
€11.95
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.80
KYD3.16
|
$4.67
€4.53
|
|
| Bottle of water (11 fl. oz) |
$2.91
KYD2.42
|
$7.08
€6.87
|
|
pay 36.3% less for groceries
|
George Town
|
Monaco
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.97
KYD4.14
|
$6.56
€6.37
|
|
| Local cheese (8 oz) |
$6.42
KYD5.34
|
$8.04
€7.80
|
|
| Milk (1 gallon) |
$11.63
KYD9.67
|
$7.10
€6.89
|
|
|
Eggs
1 dozen
|
$9.52
KYD7.92
|
$3.56
€3.45
|
|
| Boneless chicken breast (1 lb) |
$6.73
KYD5.60
|
$4.76
€4.62
|
|
| Apples (1 lb) |
$4.70
KYD3.91
|
$2.07
€2.00
|
|
| Bananas (1 lb) |
$2.08
KYD1.73
|
$1.22
€1.18
|
|
| Oranges (1 lb) |
$3.73
KYD3.11
|
$1.22
€1.18
|
|
| Tomatoes (1 lb) |
$3.69
KYD3.07
|
$1.80
€1.74
|
|
| Potatoes (1 lb) |
$2.97
KYD2.47
|
$0.95
€0.92
|
|
| Onions (1 lb) |
$2.50
KYD2.08
|
$1.46
€1.41
|
|
pay 10.5% less for transportation
|
George Town
|
Monaco
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.65
KYD5.53
|
$8.55
€8.29
|
|
| Monthly public transit pass |
$29.82
KYD24.81
|
$23.58
€22.87
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$38,771.25
KYD32,255.20
|
$46,276.05
€44,878.10
|
|
| Taxi trip in downtown area (5 miles) |
$65.61
KYD54.59
|
$20.36
€19.75
|
|
pay 65.4% more for housing
|
George Town
|
Monaco
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$111.36
KYD92.65
|
$61.09
€59.25
|
|
| 1-Bedroom apartment in downtown area |
$2,931.28
KYD2,438.63
|
$8,084.96
€7,840.73
|
|
| 1-Bedroom apartment outside city center |
$2,539.30
KYD2,112.54
|
$6,430.58
€6,236.32
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$302.52
KYD251.67
|
$235.04
€227.94
|
|
pay 50.1% more for childcare
|
George Town
|
Monaco
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,601.98
KYD1,332.74
|
$2,089.94
€2,026.80
|
|
| Middle school for 1 child, two semesters |
$25,183.42
KYD20,950.99
|
$42,736.55
€41,445.53
|
|
pay 96.2% more for entertainment and sports
|
George Town
|
Monaco
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$7.75
KYD6.45
|
$8.57
€8.32
|
|
| Cappuccino in mid-range area |
$6.63
KYD5.51
|
$6.62
€6.42
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.12
KYD10.92
|
$13.40
€12.99
|
|
| Monthly membership at local gym |
$86.49
KYD71.95
|
$515.79
€500.20
|
|
| Movie ticket to theater/cinema |
$17.89
KYD14.89
|
$12.86
€12.47
|
|
pay 2.3 times more for clothing
|
George Town
|
Monaco
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$89.47
KYD74.44
|
$174.43
€169.16
|
|
|
Regular dress
from H&M or similar store
|
$70.09
KYD58.31
|
$75.29
€73.02
|
|
|
Running shoes
Nike or Adidas
|
$128.24
KYD106.69
|
$219.18
€212.55
|
|
| Men's business shoes (leather) |
$146.14
KYD121.58
|
$625.91
€607.00
|
|
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