Cost of living comparison
Monaco is 5.0 times more expensive than Majuro.
If you lived in Monaco instead of Majuro, you would:
pay 2.4 times more for restaurants
Majuro
|
Monaco
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$15.00
|
$20.90
€20.04
|
|
Fast food combo meal
McDonalds, or similar
|
$11.00
|
$12.33
€11.82
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.83
|
$4.67
€4.48
|
|
Bottle of water (11 fl. oz) |
$1.50
|
$7.08
€6.79
|
|
pay 25.8% less for groceries
Majuro
|
Monaco
|
||
---|---|---|---|
Bread
1 loaf
|
$3.40
|
$6.56
€6.29
|
|
Local cheese (8 oz) |
$14.57
|
$8.04
€7.71
|
|
Milk (1 gallon) |
$8.52
|
$7.10
€6.81
|
|
Eggs
1 dozen
|
$4.04
|
$3.56
€3.41
|
|
Boneless chicken breast (1 lb) |
$4.99
|
$4.76
€4.56
|
|
Apples (1 lb) |
$1.99
|
$2.07
€1.98
|
|
Bananas (1 lb) |
$3.29
|
$1.22
€1.17
|
|
Oranges (1 lb) |
$3.95
|
$1.22
€1.17
|
|
Tomatoes (1 lb) |
$5.79
|
$1.80
€1.72
|
|
Potatoes (1 lb) |
$2.39
|
$0.95
€0.91
|
|
Onions (1 lb) |
$2.49
|
$1.46
€1.40
|
|
pay 72.0% more for transportation
Majuro
|
Monaco
|
||
---|---|---|---|
Gasoline (1 gallon) |
$6.81
|
$8.55
€8.19
|
|
Monthly public transit pass | ?? |
$23.58
€22.61
|
|
New Volkswagen Golf 1.4 (standard edition) |
$18,500.00
|
$46,276.05
€44,368.23
|
|
Taxi trip in downtown area (5 miles) |
$14.50
|
$20.36
€19.52
|
|
pay 5.1 times more for housing
Majuro
|
Monaco
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$76.67
|
$61.09
€58.57
|
|
1-Bedroom apartment in downtown area |
$766.67
|
$8,084.96
€7,751.65
|
|
1-Bedroom apartment outside city center |
$833.33
|
$6,430.58
€6,165.47
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$191.13
|
$235.04
€225.35
|
|
pay 13.0 times more for childcare
Majuro
|
Monaco
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$150.00
|
$2,089.94
€2,003.78
|
|
Middle school for 1 child, two semesters |
$3,570.00
|
$42,736.55
€40,974.65
|
|
pay 6.5 times more for entertainment and sports
Majuro
|
Monaco
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$4.00
|
$8.57
€8.22
|
|
Cappuccino in mid-range area |
$3.75
|
$6.62
€6.35
|
|
Pack of cigarettes
Marlboro or similar
|
?? |
$13.40
€12.84
|
|
Monthly membership at local gym |
$33.33
|
$515.79
€494.52
|
|
Movie ticket to theater/cinema | ?? |
$12.86
€12.33
|
|
pay 5.7 times more for clothing
Majuro
|
Monaco
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$57.50
|
$174.43
€167.24
|
|
Regular dress
from H&M or similar store
|
$40.00
|
$75.29
€72.19
|
|
Running shoes
Nike or Adidas
|
$35.00
|
$219.18
€210.14
|
|
Men's business shoes (leather) |
$54.00
|
$625.91
€600.11
|
|
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