Cost of living comparison
Monaco is 9.4 times more expensive than Monrovia.
- Restaurants
-
pay 2.2 times more in Monaco
- Groceries
-
pay 26.9% more in Monaco
- Transportation
-
pay 3.5 times more in Monaco
- Housing
-
pay 21.3 times more in Monaco
- Childcare
-
pay 28.3 times more in Monaco
- Entertainment and Sports
-
pay 3.3 times more in Monaco
- Clothing
-
pay 6.2 times more in Monaco
The cost of childcare, housing, clothing, transportation, entertainment and sports, and restaurants in Monaco are more expensive than in Monrovia. Notably, childcare, housing, and clothing are significantly more expensive in Monaco.
If you lived in Monaco instead of Monrovia, you would:
pay 2.2 times more for restaurants
Monrovia
|
Monaco
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$8.25
LRD1,519.63
|
$20.90
€20.27
|
|
Fast food combo meal
McDonalds, or similar
|
$11.00
LRD2,026.17
|
$12.33
€11.95
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.88
LRD345.37
|
$4.67
€4.53
|
|
Bottle of water (11 fl. oz) |
$2.50
LRD460.49
|
$7.08
€6.87
|
|
pay 26.9% more for groceries
Monrovia
|
Monaco
|
||
---|---|---|---|
Bread
1 loaf
|
$1.65
LRD304.56
|
$6.56
€6.37
|
|
Local cheese (8 oz) |
$5.91
LRD1,087.76
|
$8.04
€7.80
|
|
Milk (1 gallon) |
$6.08
LRD1,120.52
|
$7.10
€6.89
|
|
Eggs
1 dozen
|
$3.63
LRD668.26
|
$3.56
€3.45
|
|
Boneless chicken breast (1 lb) |
$4.48
LRD824.55
|
$4.76
€4.62
|
|
Apples (1 lb) |
$0.74
LRD136.75
|
$2.07
€2.00
|
|
Bananas (1 lb) |
$2.58
LRD474.97
|
$1.22
€1.18
|
|
Oranges (1 lb) |
$3.95
LRD728.24
|
$1.22
€1.18
|
|
Tomatoes (1 lb) |
$3.18
LRD585.82
|
$1.80
€1.74
|
|
Potatoes (1 lb) |
$1.03
LRD189.70
|
$0.95
€0.92
|
|
Onions (1 lb) |
$3.88
LRD713.76
|
$1.46
€1.41
|
|
pay 3.5 times more for transportation
Monrovia
|
Monaco
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.03
LRD742.57
|
$8.55
€8.29
|
|
Monthly public transit pass |
$20.00
LRD3,683.94
|
$23.58
€22.87
|
|
New Volkswagen Golf 1.4 (standard edition) |
$5,069.87
LRD933,855.45
|
$46,276.05
€44,878.10
|
|
Taxi trip in downtown area (5 miles) |
$12.69
LRD2,337.82
|
$20.36
€19.75
|
|
pay 21.3 times more for housing
Monrovia
|
Monaco
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$93.25
LRD17,176.36
|
$61.09
€59.25
|
|
1-Bedroom apartment in downtown area |
$666.67
LRD122,798.00
|
$8,084.96
€7,840.73
|
|
1-Bedroom apartment outside city center |
$90.00
LRD16,577.73
|
$6,430.58
€6,236.32
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$208.46
LRD38,397.17
|
$235.04
€227.94
|
|
pay 28.3 times more for childcare
Monrovia
|
Monaco
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$74.33
LRD13,691.50
|
$2,089.94
€2,026.80
|
|
Middle school for 1 child, two semesters |
$1,500.00
LRD276,295.51
|
$42,736.55
€41,445.53
|
|
pay 3.3 times more for entertainment and sports
Monrovia
|
Monaco
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.50
LRD460.49
|
$8.57
€8.32
|
|
Cappuccino in mid-range area |
$3.12
LRD575.62
|
$6.62
€6.42
|
|
Pack of cigarettes
Marlboro or similar
|
$5.00
LRD920.99
|
$13.40
€12.99
|
|
Monthly membership at local gym |
$76.25
LRD14,045.02
|
$515.79
€500.20
|
|
Movie ticket to theater/cinema |
$9.75
LRD1,795.88
|
$12.86
€12.47
|
|
pay 6.2 times more for clothing
Monrovia
|
Monaco
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$18.41
LRD3,391.51
|
$174.43
€169.16
|
|
Regular dress
from H&M or similar store
|
$33.75
LRD6,216.65
|
$75.29
€73.02
|
|
Running shoes
Nike or Adidas
|
$56.25
LRD10,361.08
|
$219.18
€212.55
|
|
Men's business shoes (leather) |
$68.75
LRD12,663.54
|
$625.91
€607.00
|
|
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