Cost of living comparison
Gibraltar is 49.2% cheaper than Monaco overall.
- Restaurants
-
pay 46.4% less in Gibraltar
- Groceries
-
pay 38.1% less in Gibraltar
- Transportation
-
pay 29.8% less in Gibraltar
- Housing
-
pay 69.8% less in Gibraltar
- Childcare
-
pay 58.7% less in Gibraltar
- Entertainment and Sports
-
pay 53.3% less in Gibraltar
- Clothing
-
pay 48.4% less in Gibraltar
Expenses including housing, childcare, entertainment and sports, clothing, restaurants, and groceries are lower in Gibraltar.
If you lived in Gibraltar instead of Monaco, you would:
pay 46.4% less for restaurants
|
Monaco
|
Gibraltar
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$36.21
€33.30
|
$20.66
GIP15.96
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.32
€10.40
|
$10.98
GIP8.48
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$5.61
€5.16
|
$2.15
GIP1.66
|
|
| Bottle of water (11 fl. oz) |
$8.77
€8.06
|
$1.94
GIP1.50
|
|
pay 38.1% less for groceries
|
Monaco
|
Gibraltar
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$5.69
€5.24
|
$1.78
GIP1.37
|
|
| Local cheese (8 oz) |
$11.39
€10.47
|
$4.65
GIP3.59
|
|
| Milk (1 gallon) |
$8.62
€7.93
|
$8.40
GIP6.49
|
|
|
Eggs
1 dozen
|
$5.55
€5.10
|
$3.80
GIP2.93
|
|
| Boneless chicken breast (1 lb) |
$8.45
€7.77
|
$3.99
GIP3.08
|
|
| Apples (1 lb) |
$2.57
€2.37
|
$1.83
GIP1.41
|
|
| Bananas (1 lb) |
$2.47
€2.27
|
$1.61
GIP1.24
|
|
| Oranges (1 lb) |
$1.98
€1.82
|
$1.86
GIP1.43
|
|
| Tomatoes (1 lb) |
$2.92
€2.69
|
$1.76
GIP1.36
|
|
| Potatoes (1 lb) |
$1.69
€1.55
|
$1.05
GIP0.81
|
|
| Onions (1 lb) |
$2.02
€1.86
|
$0.88
GIP0.68
|
|
pay 29.8% less for transportation
|
Monaco
|
Gibraltar
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.68
€7.98
|
$5.96
GIP4.60
|
|
| Monthly public transit pass |
$29.74
€27.35
|
$8.33
GIP6.43
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$49,160.43
€45,202.92
|
$31,804.11
GIP24,567.69
|
|
| Taxi trip in downtown area (5 miles) |
$21.44
€19.71
|
$25.57
GIP19.75
|
|
pay 69.8% less for housing
|
Monaco
|
Gibraltar
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$110.93
€102.00
|
$54.78
GIP42.32
|
|
| 1-Bedroom apartment in downtown area |
$9,401.30
€8,644.47
|
$1,685.73
GIP1,302.17
|
|
| 1-Bedroom apartment outside city center |
$6,591.34
€6,060.73
|
$1,569.58
GIP1,212.45
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$292.40
€268.86
|
$87.28
GIP67.42
|
|
pay 58.7% less for childcare
|
Monaco
|
Gibraltar
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$2,759.79
€2,537.62
|
$825.15
GIP637.40
|
|
| Middle school for 1 child, two semesters |
$29,406.50
€27,039.22
|
$15,498.45
GIP11,972.07
|
|
pay 53.3% less for entertainment and sports
|
Monaco
|
Gibraltar
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.11
€8.38
|
$5.17
GIP3.99
|
|
| Cappuccino in mid-range area |
$6.29
€5.78
|
$3.14
GIP2.42
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.06
€11.09
|
$4.65
GIP3.59
|
|
| Monthly membership at local gym |
$512.44
€471.18
|
$76.95
GIP59.44
|
|
| Movie ticket to theater/cinema |
$15.00
€13.80
|
$10.98
GIP8.48
|
|
pay 48.4% less for clothing
|
Monaco
|
Gibraltar
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$194.39
€178.74
|
$128.35
GIP99.14
|
|
|
Regular dress
from H&M or similar store
|
$75.16
€69.11
|
$42.78
GIP33.05
|
|
|
Running shoes
Nike or Adidas
|
$203.37
€187.00
|
$130.95
GIP101.15
|
|
| Men's business shoes (leather) |
$446.93
€410.95
|
$86.10
GIP66.51
|
|
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