Cost of living comparison
Monaco is 3.3 times more expensive than Germany.
If you lived in Monaco instead of Germany, you would:
pay 2.3 times more for restaurants
|
Germany
|
Monaco
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$14.04
€13.32
|
$36.21
€34.34
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.20
€9.67
|
$11.32
€10.73
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.80
€2.66
|
$5.61
€5.32
|
|
| Bottle of water (11 fl. oz) |
$2.41
€2.28
|
$8.77
€8.31
|
|
pay 2.2 times more for groceries
|
Germany
|
Monaco
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.03
€1.93
|
$5.69
€5.40
|
|
| Local cheese (8 oz) |
$6.71
€6.36
|
$11.39
€10.80
|
|
| Milk (1 gallon) |
$4.38
€4.15
|
$8.62
€8.18
|
|
|
Eggs
1 dozen
|
$3.41
€3.23
|
$5.55
€5.26
|
|
| Boneless chicken breast (1 lb) |
$6.24
€5.92
|
$8.45
€8.01
|
|
| Apples (1 lb) |
$1.28
€1.21
|
$2.57
€2.44
|
|
| Bananas (1 lb) |
$0.70
€0.67
|
$2.47
€2.34
|
|
| Oranges (1 lb) |
$0.97
€0.92
|
$1.98
€1.88
|
|
| Tomatoes (1 lb) |
$2.10
€1.99
|
$2.92
€2.77
|
|
| Potatoes (1 lb) |
$0.66
€0.63
|
$1.69
€1.60
|
|
| Onions (1 lb) |
$0.69
€0.65
|
$2.02
€1.92
|
|
pay 10.6% more for transportation
|
Germany
|
Monaco
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.07
€6.71
|
$8.68
€8.23
|
|
| Monthly public transit pass |
$52.96
€50.22
|
$29.74
€28.21
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$28,807.86
€27,320.28
|
$49,160.43
€46,621.89
|
|
| Taxi trip in downtown area (5 miles) |
$23.02
€21.83
|
$21.44
€20.33
|
|
pay 6.5 times more for housing
|
Germany
|
Monaco
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$48.22
€45.73
|
$110.93
€105.20
|
|
| 1-Bedroom apartment in downtown area |
$790.39
€749.58
|
$9,401.30
€8,915.83
|
|
| 1-Bedroom apartment outside city center |
$625.27
€592.99
|
$6,591.34
€6,250.98
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$230.06
€218.18
|
$292.40
€277.30
|
|
pay 4.2 times more for childcare
|
Germany
|
Monaco
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$458.39
€434.72
|
$2,759.79
€2,617.28
|
|
| Middle school for 1 child, two semesters |
$12,308.95
€11,673.34
|
$29,406.50
€27,888.01
|
|
pay 4.1 times more for entertainment and sports
|
Germany
|
Monaco
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.42
€4.19
|
$9.11
€8.64
|
|
| Cappuccino in mid-range area |
$3.49
€3.31
|
$6.29
€5.97
|
|
|
Pack of cigarettes
Marlboro or similar
|
$8.74
€8.28
|
$12.06
€11.43
|
|
| Monthly membership at local gym |
$36.01
€34.15
|
$512.44
€485.98
|
|
| Movie ticket to theater/cinema |
$12.80
€12.14
|
$15.00
€14.23
|
|
pay 2.5 times more for clothing
|
Germany
|
Monaco
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$82.34
€78.09
|
$194.39
€184.35
|
|
|
Regular dress
from H&M or similar store
|
$40.78
€38.67
|
$75.16
€71.28
|
|
|
Running shoes
Nike or Adidas
|
$91.59
€86.86
|
$203.37
€192.87
|
|
| Men's business shoes (leather) |
$123.43
€117.05
|
$446.93
€423.85
|
|
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