Cost of living comparison
Monaco is 3.7 times more expensive than Riga.
If you lived in Monaco instead of Riga, you would:
pay 3.2 times more for restaurants
|
Riga
|
Monaco
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$10.72
€10.16
|
$20.90
€19.82
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.33
€7.90
|
$12.33
€11.69
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.44
€1.36
|
$4.67
€4.43
|
|
| Bottle of water (11 fl. oz) |
$1.19
€1.13
|
$7.08
€6.71
|
|
pay 2.0 times more for groceries
|
Riga
|
Monaco
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.56
€1.48
|
$6.56
€6.23
|
|
| Local cheese (8 oz) |
$5.73
€5.43
|
$8.04
€7.62
|
|
| Milk (1 gallon) |
$4.85
€4.60
|
$7.10
€6.73
|
|
|
Eggs
1 dozen
|
$2.86
€2.71
|
$3.56
€3.37
|
|
| Boneless chicken breast (1 lb) |
$3.19
€3.02
|
$4.76
€4.51
|
|
| Apples (1 lb) |
$0.67
€0.64
|
$2.07
€1.96
|
|
| Bananas (1 lb) |
$0.84
€0.79
|
$1.22
€1.15
|
|
| Oranges (1 lb) |
$1.07
€1.02
|
$1.22
€1.15
|
|
| Tomatoes (1 lb) |
$1.52
€1.44
|
$1.80
€1.70
|
|
| Potatoes (1 lb) |
$0.42
€0.40
|
$0.95
€0.90
|
|
| Onions (1 lb) |
$0.44
€0.41
|
$1.46
€1.38
|
|
pay 36.4% more for transportation
|
Riga
|
Monaco
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.77
€6.42
|
$8.55
€8.11
|
|
| Monthly public transit pass |
$32.15
€30.49
|
$23.58
€22.36
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$28,026.61
€26,579.37
|
$46,276.05
€43,886.45
|
|
| Taxi trip in downtown area (5 miles) |
$11.25
€10.67
|
$20.36
€19.31
|
|
pay 9.2 times more for housing
|
Riga
|
Monaco
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$17.68
€16.76
|
$61.09
€57.94
|
|
| 1-Bedroom apartment in downtown area |
$536.44
€508.74
|
$8,084.96
€7,667.47
|
|
| 1-Bedroom apartment outside city center |
$367.73
€348.74
|
$6,430.58
€6,098.52
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$244.58
€231.95
|
$235.04
€222.90
|
|
pay 3.5 times more for childcare
|
Riga
|
Monaco
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$538.03
€510.24
|
$2,089.94
€1,982.02
|
|
| Middle school for 1 child, two semesters |
$13,487.73
€12,791.25
|
$42,736.55
€40,529.72
|
|
pay 3.7 times more for entertainment and sports
|
Riga
|
Monaco
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.82
€4.57
|
$8.57
€8.13
|
|
| Cappuccino in mid-range area |
$3.39
€3.22
|
$6.62
€6.28
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.25
€4.98
|
$13.40
€12.71
|
|
| Monthly membership at local gym |
$46.01
€43.64
|
$515.79
€489.15
|
|
| Movie ticket to theater/cinema |
$10.72
€10.16
|
$12.86
€12.20
|
|
pay 2.8 times more for clothing
|
Riga
|
Monaco
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$81.84
€77.61
|
$174.43
€165.42
|
|
|
Regular dress
from H&M or similar store
|
$43.77
€41.51
|
$75.29
€71.40
|
|
|
Running shoes
Nike or Adidas
|
$92.38
€87.61
|
$219.18
€207.86
|
|
| Men's business shoes (leather) |
$121.02
€114.77
|
$625.91
€593.59
|
|
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