Cost of living comparison
Gibraltar is 40.7% cheaper than Monaco.
- Restaurants
-
pay 34.6% less in Gibraltar
- Groceries
-
pay 5.7% less in Gibraltar
- Transportation
-
pay 25.2% less in Gibraltar
- Housing
-
pay 57.0% less in Gibraltar
- Childcare
-
pay 62.1% less in Gibraltar
- Entertainment and Sports
-
pay 51.5% less in Gibraltar
- Clothing
-
pay 49.0% less in Gibraltar
Expenses including childcare, housing, entertainment and sports, clothing, restaurants, and transportation are lower in Gibraltar.
If you lived in Gibraltar instead of Monaco, you would:
pay 34.6% less for restaurants
|
Monaco
|
Gibraltar
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.90
€18.10
|
$20.66
GIP15.23
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.33
€10.67
|
$10.98
GIP8.09
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$4.67
€4.05
|
$2.15
GIP1.59
|
|
| Bottle of water (11 fl. oz) |
$7.08
€6.13
|
$1.94
GIP1.43
|
|
pay 5.7% less for groceries
|
Monaco
|
Gibraltar
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$6.56
€5.68
|
$1.78
GIP1.31
|
|
| Local cheese (8 oz) |
$8.04
€6.96
|
$4.65
GIP3.43
|
|
| Milk (1 gallon) |
$7.10
€6.15
|
$8.40
GIP6.19
|
|
|
Eggs
1 dozen
|
$3.56
€3.08
|
$3.80
GIP2.80
|
|
| Boneless chicken breast (1 lb) |
$4.76
€4.12
|
$3.99
GIP2.94
|
|
| Apples (1 lb) |
$2.07
€1.79
|
$1.83
GIP1.35
|
|
| Bananas (1 lb) |
$1.22
€1.05
|
$1.61
GIP1.19
|
|
| Oranges (1 lb) |
$1.22
€1.05
|
$1.86
GIP1.37
|
|
| Tomatoes (1 lb) |
$1.80
€1.56
|
$1.76
GIP1.30
|
|
| Potatoes (1 lb) |
$0.95
€0.82
|
$1.05
GIP0.77
|
|
| Onions (1 lb) |
$1.46
€1.26
|
$0.88
GIP0.65
|
|
pay 25.2% less for transportation
|
Monaco
|
Gibraltar
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.55
€7.40
|
$5.96
GIP4.39
|
|
| Monthly public transit pass |
$23.58
€20.42
|
$8.33
GIP6.14
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$46,276.05
€40,067.56
|
$31,804.11
GIP23,445.70
|
|
| Taxi trip in downtown area (5 miles) |
$20.36
€17.63
|
$25.57
GIP18.85
|
|
pay 57.0% less for housing
|
Monaco
|
Gibraltar
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$61.09
€52.89
|
$54.78
GIP40.39
|
|
| 1-Bedroom apartment in downtown area |
$8,084.96
€7,000.27
|
$1,685.73
GIP1,242.70
|
|
| 1-Bedroom apartment outside city center |
$6,430.58
€5,567.84
|
$1,569.58
GIP1,157.08
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$235.04
€203.51
|
$87.28
GIP64.35
|
|
pay 62.1% less for childcare
|
Monaco
|
Gibraltar
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$2,089.94
€1,809.55
|
$825.15
GIP608.29
|
|
| Middle school for 1 child, two semesters |
$42,736.55
€37,002.93
|
$15,498.45
GIP11,425.32
|
|
pay 51.5% less for entertainment and sports
|
Monaco
|
Gibraltar
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$8.57
€7.42
|
$5.17
GIP3.81
|
|
| Cappuccino in mid-range area |
$6.62
€5.73
|
$3.14
GIP2.31
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.40
€11.60
|
$4.65
GIP3.43
|
|
| Monthly membership at local gym |
$515.79
€446.59
|
$76.95
GIP56.73
|
|
| Movie ticket to theater/cinema |
$12.86
€11.14
|
$10.98
GIP8.09
|
|
pay 49.0% less for clothing
|
Monaco
|
Gibraltar
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$174.43
€151.03
|
$128.35
GIP94.62
|
|
|
Regular dress
from H&M or similar store
|
$75.29
€65.19
|
$42.78
GIP31.54
|
|
|
Running shoes
Nike or Adidas
|
$219.18
€189.77
|
$130.95
GIP96.53
|
|
| Men's business shoes (leather) |
$625.91
€541.94
|
$86.10
GIP63.47
|
|
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