Cost of living comparison
Monaco is 3.4 times more expensive than Seoul.
If you lived in Monaco instead of Seoul, you would:
pay 4.0 times more for restaurants
|
Seoul
|
Monaco
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$7.88
₩10,997
|
$20.90
€19.82
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.09
₩8,498
|
$12.33
€11.69
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.59
₩2,215
|
$4.67
€4.43
|
|
| Bottle of water (11 fl. oz) |
$0.84
₩1,174
|
$7.08
€6.71
|
|
pay 3.8% less for groceries
|
Seoul
|
Monaco
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.10
₩4,321
|
$6.56
€6.23
|
|
| Local cheese (8 oz) |
$6.52
₩9,107
|
$8.04
€7.62
|
|
| Milk (1 gallon) |
$8.06
₩11,249
|
$7.10
€6.73
|
|
|
Eggs
1 dozen
|
$3.06
₩4,269
|
$3.56
€3.37
|
|
| Boneless chicken breast (1 lb) |
$4.74
₩6,612
|
$4.76
€4.51
|
|
| Apples (1 lb) |
$3.30
₩4,603
|
$2.07
€1.96
|
|
| Bananas (1 lb) |
$1.55
₩2,163
|
$1.22
€1.15
|
|
| Oranges (1 lb) |
$2.44
₩3,407
|
$1.22
€1.15
|
|
| Tomatoes (1 lb) |
$2.68
₩3,748
|
$1.80
€1.70
|
|
| Potatoes (1 lb) |
$1.73
₩2,416
|
$0.95
€0.90
|
|
| Onions (1 lb) |
$1.39
₩1,936
|
$1.46
€1.38
|
|
pay 66.1% more for transportation
|
Seoul
|
Monaco
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.59
₩6,405
|
$8.55
€8.11
|
|
| Monthly public transit pass |
$44.40
₩61,986
|
$23.58
€22.36
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$27,023.07
₩37,722,173
|
$46,276.05
€43,886.45
|
|
| Taxi trip in downtown area (5 miles) |
$8.02
₩11,197
|
$20.36
€19.31
|
|
pay 6.7 times more for housing
|
Seoul
|
Monaco
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$22.27
₩31,093
|
$61.09
€57.94
|
|
| 1-Bedroom apartment in downtown area |
$883.18
₩1,232,852
|
$8,084.96
€7,667.47
|
|
| 1-Bedroom apartment outside city center |
$490.54
₩684,756
|
$6,430.58
€6,098.52
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$133.35
₩186,151
|
$235.04
€222.90
|
|
pay 3.7 times more for childcare
|
Seoul
|
Monaco
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$385.48
₩538,102
|
$2,089.94
€1,982.02
|
|
| Middle school for 1 child, two semesters |
$20,782.92
₩29,011,393
|
$42,736.55
€40,529.72
|
|
pay 3.8 times more for entertainment and sports
|
Seoul
|
Monaco
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.58
₩4,999
|
$8.57
€8.13
|
|
| Cappuccino in mid-range area |
$3.60
₩5,028
|
$6.62
€6.28
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.22
₩4,499
|
$13.40
€12.71
|
|
| Monthly membership at local gym |
$53.73
₩75,002
|
$515.79
€489.15
|
|
| Movie ticket to theater/cinema |
$10.74
₩14,996
|
$12.86
€12.20
|
|
pay 3.0 times more for clothing
|
Seoul
|
Monaco
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$59.13
₩82,538
|
$174.43
€165.42
|
|
|
Regular dress
from H&M or similar store
|
$46.64
₩65,112
|
$75.29
€71.40
|
|
|
Running shoes
Nike or Adidas
|
$86.69
₩121,017
|
$219.18
€207.86
|
|
| Men's business shoes (leather) |
$124.89
₩174,338
|
$625.91
€593.59
|
|
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