Cost of living comparison
Monaco is 2.2 times more expensive than Luxembourg.
If you lived in Monaco instead of Luxembourg, you would:
pay 27.7% more for restaurants
|
Luxembourg
|
Monaco
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$21.44
€20.33
|
$20.90
€19.82
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.86
€12.20
|
$12.33
€11.69
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.89
€3.69
|
$4.67
€4.43
|
|
| Bottle of water (11 fl. oz) |
$3.59
€3.40
|
$7.08
€6.71
|
|
pay 23.0% more for groceries
|
Luxembourg
|
Monaco
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.19
€3.03
|
$6.56
€6.23
|
|
| Local cheese (8 oz) |
$8.38
€7.95
|
$8.04
€7.62
|
|
| Milk (1 gallon) |
$5.80
€5.50
|
$7.10
€6.73
|
|
|
Eggs
1 dozen
|
$4.18
€3.96
|
$3.56
€3.37
|
|
| Boneless chicken breast (1 lb) |
$5.36
€5.08
|
$4.76
€4.51
|
|
| Apples (1 lb) |
$1.21
€1.15
|
$2.07
€1.96
|
|
| Bananas (1 lb) |
$0.91
€0.86
|
$1.22
€1.15
|
|
| Oranges (1 lb) |
$1.12
€1.07
|
$1.22
€1.15
|
|
| Tomatoes (1 lb) |
$1.85
€1.75
|
$1.80
€1.70
|
|
| Potatoes (1 lb) |
$0.95
€0.90
|
$0.95
€0.90
|
|
| Onions (1 lb) |
$1.00
€0.94
|
$1.46
€1.38
|
|
pay 25.0% more for transportation
|
Luxembourg
|
Monaco
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.12
€5.81
|
$8.55
€8.11
|
|
| Monthly public transit pass | ?? |
$23.58
€22.36
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$27,027.72
€25,632.06
|
$46,276.05
€43,886.45
|
|
| Taxi trip in downtown area (5 miles) |
$31.72
€30.09
|
$20.36
€19.31
|
|
pay 2.6 times more for housing
|
Luxembourg
|
Monaco
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$51.67
€49.01
|
$61.09
€57.94
|
|
| 1-Bedroom apartment in downtown area |
$1,942.57
€1,842.26
|
$8,084.96
€7,667.47
|
|
| 1-Bedroom apartment outside city center |
$1,630.61
€1,546.41
|
$6,430.58
€6,098.52
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$186.56
€176.93
|
$235.04
€222.90
|
|
pay 2.0 times more for childcare
|
Luxembourg
|
Monaco
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,316.93
€1,248.93
|
$2,089.94
€1,982.02
|
|
| Middle school for 1 child, two semesters |
$17,684.09
€16,770.92
|
$42,736.55
€40,529.72
|
|
pay 3.4 times more for entertainment and sports
|
Luxembourg
|
Monaco
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$7.23
€6.86
|
$8.57
€8.13
|
|
| Cappuccino in mid-range area |
$4.34
€4.12
|
$6.62
€6.28
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.16
€5.84
|
$13.40
€12.71
|
|
| Monthly membership at local gym |
$45.62
€43.26
|
$515.79
€489.15
|
|
| Movie ticket to theater/cinema |
$15.00
€14.23
|
$12.86
€12.20
|
|
pay 3.5 times more for clothing
|
Luxembourg
|
Monaco
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$64.15
€60.84
|
$174.43
€165.42
|
|
|
Regular dress
from H&M or similar store
|
$32.76
€31.07
|
$75.29
€71.40
|
|
|
Running shoes
Nike or Adidas
|
$82.52
€78.26
|
$219.18
€207.86
|
|
| Men's business shoes (leather) |
$101.28
€96.05
|
$625.91
€593.59
|
|
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