Cost of living comparison
Monaco is 8.4 times more expensive than Grenada.
If you lived in Monaco instead of Grenada, you would:
pay 4.1 times more for restaurants
|
Grenada
|
Monaco
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.33
EC$22.50
|
$36.21
€34.72
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.79
EC$23.75
|
$11.32
€10.85
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.57
EC$4.25
|
$5.61
€5.38
|
|
| Bottle of water (11 fl. oz) |
$1.25
EC$3.38
|
$8.77
€8.40
|
|
pay 2.0 times more for groceries
|
Grenada
|
Monaco
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.60
EC$4.33
|
$5.69
€5.46
|
|
| Local cheese (8 oz) |
$4.32
EC$11.68
|
$11.39
€10.92
|
|
| Milk (1 gallon) |
$17.86
EC$48.26
|
$8.62
€8.27
|
|
|
Eggs
1 dozen
|
$3.74
EC$10.11
|
$5.55
€5.32
|
|
| Boneless chicken breast (1 lb) |
$3.52
EC$9.52
|
$8.45
€8.10
|
|
| Apples (1 lb) |
$2.48
EC$6.70
|
$2.57
€2.47
|
|
| Bananas (1 lb) |
$0.84
EC$2.27
|
$2.47
€2.37
|
|
| Oranges (1 lb) |
$0.79
EC$2.13
|
$1.98
€1.90
|
|
| Tomatoes (1 lb) |
$1.34
EC$3.63
|
$2.92
€2.80
|
|
| Potatoes (1 lb) |
$2.32
EC$6.26
|
$1.69
€1.62
|
|
| Onions (1 lb) |
$0.86
EC$2.33
|
$2.02
€1.94
|
|
pay 13.9% more for transportation
|
Grenada
|
Monaco
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.27
EC$14.25
|
$8.68
€8.32
|
|
| Monthly public transit pass |
$37.00
EC$100.00
|
$29.74
€28.52
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$24,976.41
EC$67,500.00
|
$49,160.43
€47,133.70
|
|
| Taxi trip in downtown area (5 miles) |
$155.41
EC$420.00
|
$21.44
€20.55
|
|
pay 10.7 times more for housing
|
Grenada
|
Monaco
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$47.49
EC$128.33
|
$110.93
€106.35
|
|
| 1-Bedroom apartment in downtown area |
$557.56
EC$1,506.84
|
$9,401.30
€9,013.71
|
|
| 1-Bedroom apartment outside city center |
$305.55
EC$825.77
|
$6,591.34
€6,319.60
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$157.57
EC$425.84
|
$292.40
€280.34
|
|
pay 31.2 times more for childcare
|
Grenada
|
Monaco
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$55.50
EC$150.00
|
$2,759.79
€2,646.01
|
|
| Middle school for 1 child, two semesters |
$2,331.13
EC$6,300.00
|
$29,406.50
€28,194.16
|
|
pay 5.0 times more for entertainment and sports
|
Grenada
|
Monaco
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.31
EC$6.25
|
$9.11
€8.73
|
|
| Cappuccino in mid-range area |
$3.89
EC$10.50
|
$6.29
€6.03
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.70
EC$10.00
|
$12.06
€11.56
|
|
| Monthly membership at local gym |
$34.56
EC$93.41
|
$512.44
€491.31
|
|
| Movie ticket to theater/cinema |
$9.83
EC$26.58
|
$15.00
€14.39
|
|
pay 5.0 times more for clothing
|
Grenada
|
Monaco
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$25.90
EC$70.00
|
$194.39
€186.38
|
|
|
Regular dress
from H&M or similar store
|
$44.40
EC$120.00
|
$75.16
€72.06
|
|
|
Running shoes
Nike or Adidas
|
$42.55
EC$115.00
|
$203.37
€194.98
|
|
| Men's business shoes (leather) |
$75.85
EC$205.00
|
$446.93
€428.50
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Monaco or Grenada. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.