Cost of living comparison

Hamilton, Bermuda

compared to

Monaco, Monaco

Monaco vs. Hamilton Cost of Living Summary

Monaco is 40.8% more expensive than Hamilton.

Restaurants: pay 25.4% more in Monaco
Groceries: pay 49.8% less in Monaco
Transportation: pay 20.1% less in Monaco
Housing: pay 78.5% more in Monaco
Childcare: pay 66.1% more in Monaco
Entertainment and Sports: pay 32.1% more in Monaco
Clothing: pay 2.5 times more in Monaco

The cost of clothing, housing, childcare, entertainment and sports, and restaurants in Monaco are more expensive than in Hamilton. Expenses including groceries and transportation are lower in Monaco. Notably, clothing and housing are significantly more expensive in Monaco.

Monaco vs. Hamilton Cost Breakdown

If you lived in Monaco instead of Hamilton, you would:

Display currency: USD

pay 25.4% more for restaurants

	Hamilton	Monaco
Basic meal with drink at inexpensive restaurant	$50.00 BMD50.00	$20.90 €18.40	-58.2%
Fast food combo meal McDonalds, or similar	$15.00 BMD15.00	$12.33 €10.85	-17.8%
Bottle of Coca-Cola (11 fl. oz)	$3.30 BMD3.30	$4.67 €4.11	+41.6%
Bottle of water (11 fl. oz)	$3.00 BMD3.00	$7.08 €6.23	+136.0%
Average			+25.4%

Hamilton vs. Monaco - Cost of restaurants

Improve prices · Change currency (USD)

pay 49.8% less for groceries

	Hamilton	Monaco
Bread 1 loaf	$8.28 BMD8.28	$6.56 €5.78	-20.7%
Local cheese (8 oz)	$7.59 BMD7.59	$8.04 €7.08	+5.9%
Milk (1 gallon)	$17.06 BMD17.06	$7.10 €6.25	-58.4%
Eggs 1 dozen	$7.24 BMD7.24	$3.56 €3.13	-50.9%
Boneless chicken breast (1 lb)	$11.11 BMD11.11	$4.76 €4.19	-57.2%
Apples (1 lb)	$4.68 BMD4.68	$2.07 €1.82	-55.9%
Bananas (1 lb)	$2.88 BMD2.88	$1.22 €1.07	-57.8%
Oranges (1 lb)	$4.61 BMD4.61	$1.22 €1.07	-73.6%
Tomatoes (1 lb)	$4.32 BMD4.32	$1.80 €1.58	-58.4%
Potatoes (1 lb)	$4.04 BMD4.04	$0.95 €0.83	-76.6%
Onions (1 lb)	$2.60 BMD2.60	$1.46 €1.28	-43.9%
Average			-49.8%

Hamilton vs. Monaco - Cost of groceries

Improve prices · Change currency (USD)

pay 20.1% less for transportation

	Hamilton	Monaco
Gasoline (1 gallon)	$8.77 BMD8.77	$8.55 €7.52	-2.5%
Monthly public transit pass	$69.00 BMD69.00	$23.58 €20.76	-65.8%
New Volkswagen Golf 1.4 (standard edition)	$35,000.00 BMD35,000.00	$46,276.05 €40,743.15	+32.2%
Taxi trip in downtown area (5 miles)	$36.61 BMD36.61	$20.36 €17.93	-44.4%
Average			-20.1%

Hamilton vs. Monaco - Cost of transportation

Improve prices · Change currency (USD)

pay 78.5% more for housing

	Hamilton	Monaco
Internet connection 50 mbps or faster, cable/dsl	$141.25 BMD141.25	$61.09 €53.79	-56.8%
1-Bedroom apartment in downtown area	$3,336.36 BMD3,336.36	$8,084.96 €7,118.30	+142.3%
1-Bedroom apartment outside city center	$2,225.00 BMD2,225.00	$6,430.58 €5,661.72	+189.0%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$168.39 BMD168.39	$235.04 €206.94	+39.6%
Average			+78.5%

Hamilton vs. Monaco - Cost of housing

Improve prices · Change currency (USD)

pay 66.1% more for childcare

	Hamilton	Monaco
Private preschool for 1 child, monthly	$1,320.00 BMD1,320.00	$2,089.94 €1,840.06	+58.3%
Middle school for 1 child, two semesters	$24,571.43 BMD24,571.43	$42,736.55 €37,626.84	+73.9%
Average			+66.1%

Hamilton vs. Monaco - Cost of childcare

Improve prices · Change currency (USD)

pay 32.1% more for entertainment and sports

	Hamilton	Monaco
Domestic/local beer (1 pint)	$10.00 BMD10.00	$8.57 €7.55	-14.3%
Cappuccino in mid-range area	$5.75 BMD5.75	$6.62 €5.83	+15.1%
Pack of cigarettes Marlboro or similar	$17.62 BMD17.62	$13.40 €11.80	-24.0%
Monthly membership at local gym	$181.25 BMD181.25	$515.79 €454.12	+184.6%
Movie ticket to theater/cinema	$13.00 BMD13.00	$12.86 €11.32	-1.1%
Average			+32.1%

Hamilton vs. Monaco - Cost of entertainment and sports

Improve prices · Change currency (USD)

pay 2.5 times more for clothing

	Hamilton	Monaco
Regular jeans Levi's brand	$75.00 BMD75.00	$174.43 €153.57	+132.6%
Regular dress from H&M or similar store	$70.00 BMD70.00	$75.29 €66.29	+7.6%
Running shoes Nike or Adidas	$134.00 BMD134.00	$219.18 €192.97	+63.6%
Men's business shoes (leather)	$122.60 BMD122.60	$625.91 €551.07	+410.5%
Average			+153.6%

Hamilton vs. Monaco - Cost of clothing

Improve prices · Change currency (USD)

The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: April 2025

More cost comparisons

Hamilton vs.

Nairobi

Hamilton vs.

Ottawa

Hamilton vs.

Singapore

Hamilton vs.

Rome

Hamilton vs.

Canberra

Hamilton vs.

Moscow

Hamilton vs.

Bangkok

Hamilton vs.

Cairo

Share this

Compare countries by overall cost of living

See the cost of living in Bermuda vs. Monaco. This provides a comparison of the average cost of living from cities within Bermuda and Monaco.

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

Add prices for Hamilton

Add prices for Monaco

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Monaco or Hamilton. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.