Cost of living comparison
Denmark is 38.1% cheaper than Monaco overall.
- Restaurants
-
pay 34.4% less in Denmark
- Groceries
-
pay 40.9% less in Denmark
- Transportation
-
pay 41.9% more in Denmark
- Housing
-
pay 73.6% less in Denmark
- Childcare
-
pay 78.3% less in Denmark
- Entertainment and Sports
-
pay 27.8% less in Denmark
- Clothing
-
pay 53.4% less in Denmark
Expenses including childcare, housing, clothing, groceries, restaurants, and entertainment and sports are lower in Denmark.
If you lived in Denmark instead of Monaco, you would:
pay 34.4% less for restaurants
|
Monaco
|
Denmark
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$36.21
€35.12
|
$21.56
DKK156.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.32
€10.97
|
$12.58
DKK90.99
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$5.61
€5.44
|
$3.50
DKK25.29
|
|
| Bottle of water (11 fl. oz) |
$8.77
€8.50
|
$2.59
DKK18.76
|
|
pay 40.9% less for groceries
|
Monaco
|
Denmark
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$5.69
€5.52
|
$2.91
DKK21.05
|
|
| Local cheese (8 oz) |
$11.39
€11.04
|
$5.83
DKK42.20
|
|
| Milk (1 gallon) |
$8.62
€8.36
|
$7.22
DKK52.23
|
|
|
Eggs
1 dozen
|
$5.55
€5.38
|
$4.38
DKK31.68
|
|
| Boneless chicken breast (1 lb) |
$8.45
€8.19
|
$4.74
DKK34.29
|
|
| Apples (1 lb) |
$2.57
€2.49
|
$1.28
DKK9.24
|
|
| Bananas (1 lb) |
$2.47
€2.40
|
$1.34
DKK9.69
|
|
| Oranges (1 lb) |
$1.98
€1.92
|
$1.37
DKK9.90
|
|
| Tomatoes (1 lb) |
$2.92
€2.84
|
$1.88
DKK13.62
|
|
| Potatoes (1 lb) |
$1.69
€1.64
|
$0.90
DKK6.52
|
|
| Onions (1 lb) |
$2.02
€1.96
|
$0.77
DKK5.59
|
|
pay 41.9% more for transportation
|
Monaco
|
Denmark
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.68
€8.41
|
$7.68
DKK55.54
|
|
| Monthly public transit pass |
$29.74
€28.84
|
$82.44
DKK596.45
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$49,160.43
€47,675.35
|
$45,047.14
DKK325,911.58
|
|
| Taxi trip in downtown area (5 miles) |
$21.44
€20.79
|
$23.62
DKK170.87
|
|
pay 73.6% less for housing
|
Monaco
|
Denmark
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$110.93
€107.58
|
$33.71
DKK243.89
|
|
| 1-Bedroom apartment in downtown area |
$9,401.30
€9,117.29
|
$967.90
DKK7,002.67
|
|
| 1-Bedroom apartment outside city center |
$6,591.34
€6,392.23
|
$743.77
DKK5,381.13
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$292.40
€283.57
|
$157.10
DKK1,136.60
|
|
pay 78.3% less for childcare
|
Monaco
|
Denmark
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$2,759.79
€2,676.42
|
$519.88
DKK3,761.28
|
|
| Middle school for 1 child, two semesters |
$29,406.50
€28,518.16
|
$7,190.53
DKK52,022.80
|
|
pay 27.8% less for entertainment and sports
|
Monaco
|
Denmark
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.11
€8.83
|
$7.44
DKK53.85
|
|
| Cappuccino in mid-range area |
$6.29
€6.10
|
$5.51
DKK39.86
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.06
€11.69
|
$8.74
DKK63.23
|
|
| Monthly membership at local gym |
$512.44
€496.96
|
$38.95
DKK281.77
|
|
| Movie ticket to theater/cinema |
$15.00
€14.55
|
$16.76
DKK121.23
|
|
pay 53.4% less for clothing
|
Monaco
|
Denmark
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$194.39
€188.52
|
$93.72
DKK678.03
|
|
|
Regular dress
from H&M or similar store
|
$75.16
€72.89
|
$38.81
DKK280.77
|
|
|
Running shoes
Nike or Adidas
|
$203.37
€197.22
|
$105.07
DKK760.20
|
|
| Men's business shoes (leather) |
$446.93
€433.42
|
$155.42
DKK1,124.43
|
|
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