Cost of living comparison
Monaco is 3.2 times more expensive than Italy.
If you lived in Monaco instead of Italy, you would:
pay 3.1 times more for restaurants
|
Italy
|
Monaco
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$15.81
€14.54
|
$40.07
€36.85
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.17
€9.35
|
$11.16
€10.27
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.51
€2.31
|
$5.85
€5.38
|
|
| Bottle of water (11 fl. oz) |
$1.21
€1.11
|
$7.58
€6.97
|
|
pay 92.8% more for groceries
|
Italy
|
Monaco
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.05
€1.89
|
$5.05
€4.65
|
|
| Local cheese (8 oz) |
$6.81
€6.27
|
$10.83
€9.96
|
|
| Milk (1 gallon) |
$5.59
€5.14
|
$8.71
€8.01
|
|
|
Eggs
1 dozen
|
$3.41
€3.13
|
$4.52
€4.16
|
|
| Boneless chicken breast (1 lb) |
$5.01
€4.61
|
$6.49
€5.97
|
|
| Apples (1 lb) |
$0.96
€0.88
|
$1.88
€1.73
|
|
| Bananas (1 lb) |
$0.86
€0.79
|
$2.25
€2.07
|
|
| Oranges (1 lb) |
$1.00
€0.92
|
$1.66
€1.53
|
|
| Tomatoes (1 lb) |
$1.28
€1.17
|
$2.46
€2.27
|
|
| Potatoes (1 lb) |
$0.76
€0.70
|
$1.71
€1.57
|
|
| Onions (1 lb) |
$0.70
€0.64
|
$1.78
€1.63
|
|
pay 23.3% more for transportation
|
Italy
|
Monaco
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.33
€6.74
|
$8.77
€8.06
|
|
| Monthly public transit pass |
$38.24
€35.16
|
$30.05
€27.64
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$26,985.59
€24,815.49
|
$49,675.27
€45,680.53
|
|
| Taxi trip in downtown area (5 miles) |
$19.55
€17.98
|
$21.66
€19.92
|
|
pay 5.8 times more for housing
|
Italy
|
Monaco
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$29.86
€27.46
|
$88.99
€81.83
|
|
| 1-Bedroom apartment in downtown area |
$660.64
€607.51
|
$6,575.69
€6,046.89
|
|
| 1-Bedroom apartment outside city center |
$504.89
€464.29
|
$4,417.00
€4,061.80
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$158.99
€146.20
|
$269.58
€247.90
|
|
pay 4.2 times more for childcare
|
Italy
|
Monaco
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$519.28
€477.52
|
$2,788.69
€2,564.43
|
|
| Middle school for 1 child, two semesters |
$9,615.09
€8,841.87
|
$29,714.46
€27,324.91
|
|
pay 3.6 times more for entertainment and sports
|
Italy
|
Monaco
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.97
€4.57
|
$8.93
€8.22
|
|
| Cappuccino in mid-range area |
$1.67
€1.53
|
$4.85
€4.46
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.16
€5.67
|
$12.18
€11.20
|
|
| Monthly membership at local gym |
$52.41
€48.20
|
$517.80
€476.16
|
|
| Movie ticket to theater/cinema |
$9.51
€8.75
|
$15.16
€13.94
|
|
pay 2.5 times more for clothing
|
Italy
|
Monaco
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$76.74
€70.57
|
$156.40
€143.82
|
|
|
Regular dress
from H&M or similar store
|
$34.05
€31.31
|
$65.34
€60.09
|
|
|
Running shoes
Nike or Adidas
|
$84.06
€77.30
|
$188.26
€173.12
|
|
| Men's business shoes (leather) |
$115.51
€106.22
|
$451.61
€415.29
|
|
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