Cost of living comparison
Nicosia is 49.7% cheaper than Monaco.
If you lived in Nicosia instead of Monaco, you would:
pay 59.6% less for restaurants
|
Monaco
|
Nicosia
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.90
€20.04
|
$12.33
€11.82
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.33
€11.82
|
$7.50
€7.19
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$4.67
€4.48
|
$1.47
€1.41
|
|
| Bottle of water (11 fl. oz) |
$7.08
€6.79
|
$0.73
€0.70
|
|
pay 30.7% less for groceries
|
Monaco
|
Nicosia
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$6.56
€6.29
|
$1.85
€1.78
|
|
| Local cheese (8 oz) |
$8.04
€7.71
|
$6.54
€6.27
|
|
| Milk (1 gallon) |
$7.10
€6.81
|
$7.37
€7.07
|
|
|
Eggs
1 dozen
|
$3.56
€3.41
|
$3.68
€3.53
|
|
| Boneless chicken breast (1 lb) |
$4.76
€4.56
|
$3.97
€3.81
|
|
| Apples (1 lb) |
$2.07
€1.98
|
$1.20
€1.15
|
|
| Bananas (1 lb) |
$1.22
€1.17
|
$0.89
€0.85
|
|
| Oranges (1 lb) |
$1.22
€1.17
|
$0.82
€0.78
|
|
| Tomatoes (1 lb) |
$1.80
€1.72
|
$1.17
€1.12
|
|
| Potatoes (1 lb) |
$0.95
€0.91
|
$0.54
€0.52
|
|
| Onions (1 lb) |
$1.46
€1.40
|
$0.60
€0.57
|
|
pay 6.4% more for transportation
|
Monaco
|
Nicosia
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.55
€8.19
|
$5.64
€5.41
|
|
| Monthly public transit pass |
$23.58
€22.61
|
$53.59
€51.38
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$46,276.05
€44,368.23
|
$28,348.13
€27,179.43
|
|
| Taxi trip in downtown area (5 miles) |
$20.36
€19.52
|
$14.47
€13.87
|
|
pay 67.1% less for housing
|
Monaco
|
Nicosia
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$61.09
€58.57
|
$29.63
€28.41
|
|
| 1-Bedroom apartment in downtown area |
$8,084.96
€7,751.65
|
$707.36
€678.20
|
|
| 1-Bedroom apartment outside city center |
$6,430.58
€6,165.47
|
$588.46
€564.20
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$235.04
€225.35
|
$153.51
€147.18
|
|
pay 81.5% less for childcare
|
Monaco
|
Nicosia
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$2,089.94
€2,003.78
|
$423.35
€405.89
|
|
| Middle school for 1 child, two semesters |
$42,736.55
€40,974.65
|
$7,161.35
€6,866.11
|
|
pay 52.3% less for entertainment and sports
|
Monaco
|
Nicosia
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$8.57
€8.22
|
$4.29
€4.11
|
|
| Cappuccino in mid-range area |
$6.62
€6.35
|
$3.48
€3.33
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.40
€12.84
|
$5.36
€5.14
|
|
| Monthly membership at local gym |
$515.79
€494.52
|
$65.50
€62.80
|
|
| Movie ticket to theater/cinema |
$12.86
€12.33
|
$10.72
€10.28
|
|
pay 63.2% less for clothing
|
Monaco
|
Nicosia
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$174.43
€167.24
|
$81.72
€78.35
|
|
|
Regular dress
from H&M or similar store
|
$75.29
€72.19
|
$35.90
€34.42
|
|
|
Running shoes
Nike or Adidas
|
$219.18
€210.14
|
$79.71
€76.43
|
|
| Men's business shoes (leather) |
$625.91
€600.11
|
$101.82
€97.62
|
|
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