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
€13.47
|
$36.21
€34.72
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.20
€9.78
|
$11.32
€10.85
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.80
€2.69
|
$5.61
€5.38
|
|
| Bottle of water (11 fl. oz) |
$2.41
€2.31
|
$8.77
€8.40
|
|
pay 2.2 times more for groceries
|
Germany
|
Monaco
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.03
€1.95
|
$5.69
€5.46
|
|
| Local cheese (8 oz) |
$6.71
€6.43
|
$11.39
€10.92
|
|
| Milk (1 gallon) |
$4.38
€4.20
|
$8.62
€8.27
|
|
|
Eggs
1 dozen
|
$3.41
€3.27
|
$5.55
€5.32
|
|
| Boneless chicken breast (1 lb) |
$6.24
€5.98
|
$8.45
€8.10
|
|
| Apples (1 lb) |
$1.28
€1.22
|
$2.57
€2.47
|
|
| Bananas (1 lb) |
$0.70
€0.67
|
$2.47
€2.37
|
|
| Oranges (1 lb) |
$0.97
€0.93
|
$1.98
€1.90
|
|
| Tomatoes (1 lb) |
$2.10
€2.01
|
$2.92
€2.80
|
|
| Potatoes (1 lb) |
$0.66
€0.63
|
$1.69
€1.62
|
|
| Onions (1 lb) |
$0.69
€0.66
|
$2.02
€1.94
|
|
pay 10.6% more for transportation
|
Germany
|
Monaco
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.07
€6.78
|
$8.68
€8.32
|
|
| Monthly public transit pass |
$52.96
€50.77
|
$29.74
€28.52
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$28,807.86
€27,620.20
|
$49,160.43
€47,133.70
|
|
| Taxi trip in downtown area (5 miles) |
$23.02
€22.07
|
$21.44
€20.55
|
|
pay 6.5 times more for housing
|
Germany
|
Monaco
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$48.22
€46.23
|
$110.93
€106.35
|
|
| 1-Bedroom apartment in downtown area |
$790.39
€757.81
|
$9,401.30
€9,013.71
|
|
| 1-Bedroom apartment outside city center |
$625.27
€599.50
|
$6,591.34
€6,319.60
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$230.06
€220.58
|
$292.40
€280.34
|
|
pay 4.2 times more for childcare
|
Germany
|
Monaco
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$458.39
€439.49
|
$2,759.79
€2,646.01
|
|
| Middle school for 1 child, two semesters |
$12,308.95
€11,801.48
|
$29,406.50
€28,194.16
|
|
pay 4.1 times more for entertainment and sports
|
Germany
|
Monaco
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.42
€4.24
|
$9.11
€8.73
|
|
| Cappuccino in mid-range area |
$3.49
€3.34
|
$6.29
€6.03
|
|
|
Pack of cigarettes
Marlboro or similar
|
$8.74
€8.38
|
$12.06
€11.56
|
|
| Monthly membership at local gym |
$36.01
€34.52
|
$512.44
€491.31
|
|
| Movie ticket to theater/cinema |
$12.80
€12.27
|
$15.00
€14.39
|
|
pay 2.5 times more for clothing
|
Germany
|
Monaco
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$82.34
€78.94
|
$194.39
€186.38
|
|
|
Regular dress
from H&M or similar store
|
$40.78
€39.10
|
$75.16
€72.06
|
|
|
Running shoes
Nike or Adidas
|
$91.59
€87.82
|
$203.37
€194.98
|
|
| Men's business shoes (leather) |
$123.43
€118.34
|
$446.93
€428.50
|
|
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