Cost of living comparison
Monaco is 2.2 times more expensive than Hong Kong.
If you lived in Monaco instead of Hong Kong, you would:
pay 3.7 times more for restaurants
|
Hong Kong
|
Monaco
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.84
HK$68.78
|
$25.99
€23.90
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.77
HK$44.85
|
$10.83
€9.96
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.33
HK$10.38
|
$5.09
€4.68
|
|
| Bottle of water (11 fl. oz) |
$1.13
HK$8.75
|
$7.15
€6.58
|
|
pay 1.0% more for groceries
|
Hong Kong
|
Monaco
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.29
HK$17.85
|
$5.23
€4.81
|
|
| Local cheese (8 oz) |
$14.28
HK$111.04
|
$8.12
€7.47
|
|
| Milk (1 gallon) |
$12.15
HK$94.48
|
$7.17
€6.60
|
|
|
Eggs
1 dozen
|
$4.01
HK$31.17
|
$3.60
€3.31
|
|
| Boneless chicken breast (1 lb) |
$4.49
HK$34.91
|
$4.81
€4.42
|
|
| Apples (1 lb) |
$1.68
HK$13.11
|
$1.15
€1.05
|
|
| Bananas (1 lb) |
$1.16
HK$9.01
|
$1.23
€1.13
|
|
| Oranges (1 lb) |
$1.75
HK$13.63
|
$1.23
€1.13
|
|
| Tomatoes (1 lb) |
$1.47
HK$11.43
|
$1.82
€1.67
|
|
| Potatoes (1 lb) |
$1.21
HK$9.43
|
$0.96
€0.88
|
|
| Onions (1 lb) |
$1.20
HK$9.31
|
$1.47
€1.35
|
|
pay 0.5% more for transportation
|
Hong Kong
|
Monaco
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$11.66
HK$90.69
|
$8.64
€7.94
|
|
| Monthly public transit pass |
$64.07
HK$498.39
|
$23.83
€21.91
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$33,292.33
HK$258,962.73
|
$46,760.68
€43,000.32
|
|
| Taxi trip in downtown area (5 miles) |
$13.71
HK$106.66
|
$20.58
€18.92
|
|
pay 2.9 times more for housing
|
Hong Kong
|
Monaco
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$22.03
HK$171.39
|
$61.73
€56.77
|
|
| 1-Bedroom apartment in downtown area |
$2,324.35
HK$18,079.84
|
$8,169.63
€7,512.66
|
|
| 1-Bedroom apartment outside city center |
$1,616.39
HK$12,572.99
|
$6,497.92
€5,975.38
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$196.11
HK$1,525.47
|
$237.50
€218.40
|
|
pay 2.1 times more for childcare
|
Hong Kong
|
Monaco
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$929.71
HK$7,231.69
|
$2,111.82
€1,942.00
|
|
| Middle school for 1 child, two semesters |
$21,637.45
HK$168,305.84
|
$43,184.11
€39,711.38
|
|
pay 2.0 times more for entertainment and sports
|
Hong Kong
|
Monaco
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$7.69
HK$59.81
|
$8.12
€7.47
|
|
| Cappuccino in mid-range area |
$5.31
HK$41.31
|
$5.67
€5.21
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.81
HK$99.68
|
$13.54
€12.45
|
|
| Monthly membership at local gym |
$86.33
HK$671.48
|
$521.19
€479.28
|
|
| Movie ticket to theater/cinema |
$12.81
HK$99.68
|
$13.00
€11.95
|
|
pay 2.6 times more for clothing
|
Hong Kong
|
Monaco
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$76.24
HK$593.05
|
$162.81
€149.72
|
|
|
Regular dress
from H&M or similar store
|
$41.17
HK$320.27
|
$65.34
€60.09
|
|
|
Running shoes
Nike or Adidas
|
$91.44
HK$711.28
|
$187.00
€171.96
|
|
| Men's business shoes (leather) |
$135.10
HK$1,050.90
|
$632.46
€581.60
|
|
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