Cost of living comparison
Monaco is 12.2 times more expensive than Madagascar.
If you lived in Monaco instead of Madagascar, you would:
pay 8.7 times more for restaurants
|
Madagascar
|
Monaco
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$2.90
MGA13,534
|
$36.21
€34.34
|
|
|
Fast food combo meal
McDonalds, or similar
|
$4.30
MGA20,050
|
$11.32
€10.73
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.92
MGA4,294
|
$5.61
€5.32
|
|
| Bottle of water (11 fl. oz) |
$0.65
MGA3,035
|
$8.77
€8.31
|
|
pay 4.8 times more for groceries
|
Madagascar
|
Monaco
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.92
MGA4,288
|
$5.69
€5.40
|
|
| Local cheese (8 oz) |
$5.17
MGA24,119
|
$11.39
€10.80
|
|
| Milk (1 gallon) |
$3.71
MGA17,307
|
$8.62
€8.18
|
|
|
Eggs
1 dozen
|
$1.80
MGA8,421
|
$5.55
€5.26
|
|
| Boneless chicken breast (1 lb) |
$2.51
MGA11,709
|
$8.45
€8.01
|
|
| Apples (1 lb) |
$0.64
MGA2,994
|
$2.57
€2.44
|
|
| Bananas (1 lb) |
$0.32
MGA1,483
|
$2.47
€2.34
|
|
| Oranges (1 lb) |
$0.55
MGA2,558
|
$1.98
€1.88
|
|
| Tomatoes (1 lb) |
$0.34
MGA1,573
|
$2.92
€2.77
|
|
| Potatoes (1 lb) |
$0.28
MGA1,319
|
$1.69
€1.60
|
|
| Onions (1 lb) |
$0.37
MGA1,717
|
$2.02
€1.92
|
|
pay 2.6 times more for transportation
|
Madagascar
|
Monaco
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.28
MGA19,970
|
$8.68
€8.23
|
|
| Monthly public transit pass | ?? |
$29.74
€28.21
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$11,817.99
MGA55,137,006
|
$49,160.43
€46,621.89
|
|
| Taxi trip in downtown area (5 miles) |
$12.46
MGA58,144
|
$21.44
€20.33
|
|
pay 37.6 times more for housing
|
Madagascar
|
Monaco
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$58.38
MGA272,391
|
$110.93
€105.20
|
|
| 1-Bedroom apartment in downtown area |
$241.73
MGA1,127,802
|
$9,401.30
€8,915.83
|
|
| 1-Bedroom apartment outside city center |
$65.00
MGA303,279
|
$6,591.34
€6,250.98
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$35.96
MGA167,786
|
$292.40
€277.30
|
|
pay 16.7 times more for childcare
|
Madagascar
|
Monaco
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$89.71
MGA418,540
|
$2,759.79
€2,617.28
|
|
| Middle school for 1 child, two semesters |
$11,292.35
MGA52,684,620
|
$29,406.50
€27,888.01
|
|
pay 7.9 times more for entertainment and sports
|
Madagascar
|
Monaco
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$0.91
MGA4,261
|
$9.11
€8.64
|
|
| Cappuccino in mid-range area |
$1.13
MGA5,280
|
$6.29
€5.97
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.46
MGA11,479
|
$12.06
€11.43
|
|
| Monthly membership at local gym |
$30.89
MGA144,108
|
$512.44
€485.98
|
|
| Movie ticket to theater/cinema |
$6.45
MGA30,075
|
$15.00
€14.23
|
|
pay 7.3 times more for clothing
|
Madagascar
|
Monaco
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$14.15
MGA66,028
|
$194.39
€184.35
|
|
|
Regular dress
from H&M or similar store
|
$15.67
MGA73,098
|
$75.16
€71.28
|
|
|
Running shoes
Nike or Adidas
|
$71.98
MGA335,834
|
$203.37
€192.87
|
|
| Men's business shoes (leather) |
$57.39
MGA267,749
|
$446.93
€423.85
|
|
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