Cost of living comparison
Latvia is 59.8% cheaper than Monaco.
If you lived in Latvia instead of Monaco, you would:
pay 67.9% less for restaurants
|
Monaco
|
Latvia
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$36.21
€34.72
|
$10.23
€9.80
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.32
€10.85
|
$7.08
€6.78
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$5.61
€5.38
|
$1.37
€1.31
|
|
| Bottle of water (11 fl. oz) |
$8.77
€8.40
|
$1.17
€1.12
|
|
pay 63.3% less for groceries
|
Monaco
|
Latvia
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$5.69
€5.46
|
$1.36
€1.30
|
|
| Local cheese (8 oz) |
$11.39
€10.92
|
$5.17
€4.96
|
|
| Milk (1 gallon) |
$8.62
€8.27
|
$4.66
€4.46
|
|
|
Eggs
1 dozen
|
$5.55
€5.32
|
$2.72
€2.61
|
|
| Boneless chicken breast (1 lb) |
$8.45
€8.10
|
$3.05
€2.93
|
|
| Apples (1 lb) |
$2.57
€2.47
|
$0.58
€0.56
|
|
| Bananas (1 lb) |
$2.47
€2.37
|
$0.77
€0.74
|
|
| Oranges (1 lb) |
$1.98
€1.90
|
$1.04
€1.00
|
|
| Tomatoes (1 lb) |
$2.92
€2.80
|
$1.39
€1.33
|
|
| Potatoes (1 lb) |
$1.69
€1.62
|
$0.38
€0.37
|
|
| Onions (1 lb) |
$2.02
€1.94
|
$0.37
€0.36
|
|
pay 23.8% less for transportation
|
Monaco
|
Latvia
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.68
€8.32
|
$6.76
€6.48
|
|
| Monthly public transit pass |
$29.74
€28.52
|
$39.41
€37.78
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$49,160.43
€47,133.70
|
$25,606.21
€24,550.54
|
|
| Taxi trip in downtown area (5 miles) |
$21.44
€20.55
|
$9.07
€8.70
|
|
pay 76.8% less for housing
|
Monaco
|
Latvia
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$110.93
€106.35
|
$17.22
€16.51
|
|
| 1-Bedroom apartment in downtown area |
$9,401.30
€9,013.71
|
$467.65
€448.37
|
|
| 1-Bedroom apartment outside city center |
$6,591.34
€6,319.60
|
$322.68
€309.38
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$292.40
€280.34
|
$196.83
€188.72
|
|
pay 69.5% less for childcare
|
Monaco
|
Latvia
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$2,759.79
€2,646.01
|
$427.69
€410.06
|
|
| Middle school for 1 child, two semesters |
$29,406.50
€28,194.16
|
$13,383.30
€12,831.55
|
|
pay 58.6% less for entertainment and sports
|
Monaco
|
Latvia
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.11
€8.73
|
$3.87
€3.71
|
|
| Cappuccino in mid-range area |
$6.29
€6.03
|
$3.06
€2.94
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.06
€11.56
|
$4.95
€4.74
|
|
| Monthly membership at local gym |
$512.44
€491.31
|
$42.71
€40.95
|
|
| Movie ticket to theater/cinema |
$15.00
€14.39
|
$10.00
€9.59
|
|
pay 58.7% less for clothing
|
Monaco
|
Latvia
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$194.39
€186.38
|
$76.51
€73.35
|
|
|
Regular dress
from H&M or similar store
|
$75.16
€72.06
|
$43.17
€41.39
|
|
|
Running shoes
Nike or Adidas
|
$203.37
€194.98
|
$84.42
€80.94
|
|
| Men's business shoes (leather) |
$446.93
€428.50
|
$120.68
€115.70
|
|
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