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
₩11,395
|
$20.90
€20.04
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.09
₩8,805
|
$12.33
€11.82
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.59
₩2,295
|
$4.67
€4.48
|
|
| Bottle of water (11 fl. oz) |
$0.84
₩1,216
|
$7.08
€6.79
|
|
pay 3.8% less for groceries
|
Seoul
|
Monaco
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.10
₩4,477
|
$6.56
€6.29
|
|
| Local cheese (8 oz) |
$6.52
₩9,436
|
$8.04
€7.71
|
|
| Milk (1 gallon) |
$8.06
₩11,656
|
$7.10
€6.81
|
|
|
Eggs
1 dozen
|
$3.06
₩4,424
|
$3.56
€3.41
|
|
| Boneless chicken breast (1 lb) |
$4.74
₩6,851
|
$4.76
€4.56
|
|
| Apples (1 lb) |
$3.30
₩4,770
|
$2.07
€1.98
|
|
| Bananas (1 lb) |
$1.55
₩2,241
|
$1.22
€1.17
|
|
| Oranges (1 lb) |
$2.44
₩3,530
|
$1.22
€1.17
|
|
| Tomatoes (1 lb) |
$2.68
₩3,883
|
$1.80
€1.72
|
|
| Potatoes (1 lb) |
$1.73
₩2,503
|
$0.95
€0.91
|
|
| Onions (1 lb) |
$1.39
₩2,006
|
$1.46
€1.40
|
|
pay 66.1% more for transportation
|
Seoul
|
Monaco
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.59
₩6,636
|
$8.55
€8.19
|
|
| Monthly public transit pass |
$44.40
₩64,228
|
$23.58
€22.61
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$27,023.07
₩39,086,703
|
$46,276.05
€44,368.23
|
|
| Taxi trip in downtown area (5 miles) |
$8.02
₩11,602
|
$20.36
€19.52
|
|
pay 6.7 times more for housing
|
Seoul
|
Monaco
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$22.27
₩32,217
|
$61.09
€58.57
|
|
| 1-Bedroom apartment in downtown area |
$883.18
₩1,277,448
|
$8,084.96
€7,751.65
|
|
| 1-Bedroom apartment outside city center |
$490.54
₩709,526
|
$6,430.58
€6,165.47
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$133.35
₩192,884
|
$235.04
€225.35
|
|
pay 3.7 times more for childcare
|
Seoul
|
Monaco
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$385.48
₩557,567
|
$2,089.94
€2,003.78
|
|
| Middle school for 1 child, two semesters |
$20,782.92
₩30,060,827
|
$42,736.55
€40,974.65
|
|
pay 3.8 times more for entertainment and sports
|
Seoul
|
Monaco
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.58
₩5,180
|
$8.57
€8.22
|
|
| Cappuccino in mid-range area |
$3.60
₩5,210
|
$6.62
€6.35
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.22
₩4,662
|
$13.40
€12.84
|
|
| Monthly membership at local gym |
$53.73
₩77,715
|
$515.79
€494.52
|
|
| Movie ticket to theater/cinema |
$10.74
₩15,539
|
$12.86
€12.33
|
|
pay 3.0 times more for clothing
|
Seoul
|
Monaco
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$59.13
₩85,523
|
$174.43
€167.24
|
|
|
Regular dress
from H&M or similar store
|
$46.64
₩67,467
|
$75.29
€72.19
|
|
|
Running shoes
Nike or Adidas
|
$86.69
₩125,395
|
$219.18
€210.14
|
|
| Men's business shoes (leather) |
$124.89
₩180,644
|
$625.91
€600.11
|
|
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