Cost of living comparison
Monaco is 2.4 times more expensive than Luxembourg.
If you lived in Monaco instead of Luxembourg, you would:
pay 88.4% more for restaurants
|
Luxembourg
|
Monaco
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$18.85
€18.07
|
$36.21
€34.72
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.97
€12.43
|
$11.32
€10.85
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.11
€2.99
|
$5.61
€5.38
|
|
| Bottle of water (11 fl. oz) |
$2.98
€2.86
|
$8.77
€8.40
|
|
pay 78.0% more for groceries
|
Luxembourg
|
Monaco
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.15
€3.02
|
$5.69
€5.46
|
|
| Local cheese (8 oz) |
$9.88
€9.48
|
$11.39
€10.92
|
|
| Milk (1 gallon) |
$4.86
€4.66
|
$8.62
€8.27
|
|
|
Eggs
1 dozen
|
$4.25
€4.07
|
$5.55
€5.32
|
|
| Boneless chicken breast (1 lb) |
$7.68
€7.37
|
$8.45
€8.10
|
|
| Apples (1 lb) |
$1.19
€1.14
|
$2.57
€2.47
|
|
| Bananas (1 lb) |
$0.80
€0.77
|
$2.47
€2.37
|
|
| Oranges (1 lb) |
$1.18
€1.13
|
$1.98
€1.90
|
|
| Tomatoes (1 lb) |
$1.72
€1.65
|
$2.92
€2.80
|
|
| Potatoes (1 lb) |
$0.99
€0.95
|
$1.69
€1.62
|
|
| Onions (1 lb) |
$0.96
€0.92
|
$2.02
€1.94
|
|
pay 27.2% more for transportation
|
Luxembourg
|
Monaco
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.37
€6.10
|
$8.68
€8.32
|
|
| Monthly public transit pass | ?? |
$29.74
€28.52
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$26,949.84
€25,838.78
|
$49,160.43
€47,133.70
|
|
| Taxi trip in downtown area (5 miles) |
$34.01
€32.61
|
$21.44
€20.55
|
|
pay 3.2 times more for housing
|
Luxembourg
|
Monaco
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$54.60
€52.35
|
$110.93
€106.35
|
|
| 1-Bedroom apartment in downtown area |
$1,768.97
€1,696.04
|
$9,401.30
€9,013.71
|
|
| 1-Bedroom apartment outside city center |
$1,639.77
€1,572.16
|
$6,591.34
€6,319.60
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$211.55
€202.83
|
$292.40
€280.34
|
|
pay 88.5% more for childcare
|
Luxembourg
|
Monaco
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,523.51
€1,460.70
|
$2,759.79
€2,646.01
|
|
| Middle school for 1 child, two semesters |
$15,004.68
€14,386.09
|
$29,406.50
€28,194.16
|
|
pay 4.3 times more for entertainment and sports
|
Luxembourg
|
Monaco
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.20
€4.98
|
$9.11
€8.73
|
|
| Cappuccino in mid-range area |
$4.33
€4.16
|
$6.29
€6.03
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.16
€5.91
|
$12.06
€11.56
|
|
| Monthly membership at local gym |
$33.59
€32.21
|
$512.44
€491.31
|
|
| Movie ticket to theater/cinema |
$13.93
€13.36
|
$15.00
€14.39
|
|
pay 2.4 times more for clothing
|
Luxembourg
|
Monaco
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$81.75
€78.38
|
$194.39
€186.38
|
|
|
Regular dress
from H&M or similar store
|
$41.83
€40.11
|
$75.16
€72.06
|
|
|
Running shoes
Nike or Adidas
|
$96.18
€92.22
|
$203.37
€194.98
|
|
| Men's business shoes (leather) |
$127.67
€122.41
|
$446.93
€428.50
|
|
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