Cost of living comparison
Monaco is 5.9 times more expensive than Majuro.
If you lived in Monaco instead of Majuro, you would:
pay 3.5 times more for restaurants
Majuro
|
Monaco
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$13.75
|
$25.99
€23.90
|
|
Fast food combo meal
McDonalds, or similar
|
$11.00
|
$10.83
€9.96
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.25
|
$5.09
€4.68
|
|
Bottle of water (11 fl. oz) |
$1.00
|
$7.15
€6.58
|
|
pay 5.5% more for groceries
Majuro
|
Monaco
|
||
---|---|---|---|
Bread
1 loaf
|
$3.40
|
$5.23
€4.81
|
|
Local cheese (8 oz) |
$13.75
|
$8.12
€7.47
|
|
Milk (1 gallon) |
$8.52
|
$7.17
€6.60
|
|
Eggs
1 dozen
|
$2.88
|
$3.60
€3.31
|
|
Boneless chicken breast (1 lb) | ?? |
$4.81
€4.42
|
|
Apples (1 lb) | ?? |
$1.15
€1.05
|
|
Bananas (1 lb) | ?? |
$1.23
€1.13
|
|
Oranges (1 lb) | ?? |
$1.23
€1.13
|
|
Tomatoes (1 lb) | ?? |
$1.82
€1.67
|
|
Potatoes (1 lb) | ?? |
$0.96
€0.88
|
|
Onions (1 lb) | ?? |
$1.47
€1.35
|
|
pay 2.3 times more for transportation
Majuro
|
Monaco
|
||
---|---|---|---|
Gasoline (1 gallon) |
$6.51
|
$8.64
€7.94
|
|
Monthly public transit pass | ?? |
$23.83
€21.91
|
|
New Volkswagen Golf 1.4 (standard edition) |
$12,000.00
|
$46,760.68
€43,000.32
|
|
Taxi trip in downtown area (5 miles) |
$12.25
|
$20.58
€18.92
|
|
pay 5.6 times more for housing
Majuro
|
Monaco
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$85.00
|
$61.73
€56.77
|
|
1-Bedroom apartment in downtown area |
$750.00
|
$8,169.63
€7,512.66
|
|
1-Bedroom apartment outside city center |
$700.00
|
$6,497.92
€5,975.38
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$170.42
|
$237.50
€218.40
|
|
pay 14.1 times more for childcare
Majuro
|
Monaco
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$150.00
|
$2,111.82
€1,942.00
|
|
Middle school for 1 child, two semesters |
$3,046.67
|
$43,184.11
€39,711.38
|
|
pay 9.7 times more for entertainment and sports
Majuro
|
Monaco
|
||
---|---|---|---|
Domestic/local beer (1 pint) | ?? |
$8.12
€7.47
|
|
Cappuccino in mid-range area |
$2.92
|
$5.67
€5.21
|
|
Pack of cigarettes
Marlboro or similar
|
?? |
$13.54
€12.45
|
|
Monthly membership at local gym |
$30.00
|
$521.19
€479.28
|
|
Movie ticket to theater/cinema | ?? |
$13.00
€11.95
|
|
pay 5.4 times more for clothing
Majuro
|
Monaco
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$57.50
|
$162.81
€149.72
|
|
Regular dress
from H&M or similar store
|
$40.00
|
$65.34
€60.09
|
|
Running shoes
Nike or Adidas
|
$35.00
|
$187.00
€171.96
|
|
Men's business shoes (leather) |
$54.00
|
$632.46
€581.60
|
|
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