Cost of living comparison
Monaco is 3.8 times more expensive than Spain.
If you lived in Monaco instead of Spain, you would:
pay 3.0 times more for restaurants
|
Spain
|
Monaco
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.87
€13.15
|
$36.21
€34.34
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.22
€8.74
|
$11.32
€10.73
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.13
€2.02
|
$5.61
€5.32
|
|
| Bottle of water (11 fl. oz) |
$1.58
€1.50
|
$8.77
€8.31
|
|
pay 2.6 times more for groceries
|
Spain
|
Monaco
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.30
€1.23
|
$5.69
€5.40
|
|
| Local cheese (8 oz) |
$6.37
€6.04
|
$11.39
€10.80
|
|
| Milk (1 gallon) |
$4.16
€3.94
|
$8.62
€8.18
|
|
|
Eggs
1 dozen
|
$2.66
€2.52
|
$5.55
€5.26
|
|
| Boneless chicken breast (1 lb) |
$3.36
€3.19
|
$8.45
€8.01
|
|
| Apples (1 lb) |
$0.99
€0.94
|
$2.57
€2.44
|
|
| Bananas (1 lb) |
$0.81
€0.77
|
$2.47
€2.34
|
|
| Oranges (1 lb) |
$0.87
€0.82
|
$1.98
€1.88
|
|
| Tomatoes (1 lb) |
$1.13
€1.07
|
$2.92
€2.77
|
|
| Potatoes (1 lb) |
$0.72
€0.69
|
$1.69
€1.60
|
|
| Onions (1 lb) |
$0.81
€0.77
|
$2.02
€1.92
|
|
pay 29.0% more for transportation
|
Spain
|
Monaco
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.38
€6.05
|
$8.68
€8.23
|
|
| Monthly public transit pass |
$34.26
€32.49
|
$29.74
€28.21
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$33,643.92
€31,906.62
|
$49,160.43
€46,621.89
|
|
| Taxi trip in downtown area (5 miles) |
$14.57
€13.82
|
$21.44
€20.33
|
|
pay 6.6 times more for housing
|
Spain
|
Monaco
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$31.87
€30.22
|
$110.93
€105.20
|
|
| 1-Bedroom apartment in downtown area |
$872.36
€827.31
|
$9,401.30
€8,915.83
|
|
| 1-Bedroom apartment outside city center |
$692.13
€656.39
|
$6,591.34
€6,250.98
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$103.97
€98.60
|
$292.40
€277.30
|
|
pay 5.6 times more for childcare
|
Spain
|
Monaco
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$385.97
€366.04
|
$2,759.79
€2,617.28
|
|
| Middle school for 1 child, two semesters |
$7,352.21
€6,972.55
|
$29,406.50
€27,888.01
|
|
pay 4.4 times more for entertainment and sports
|
Spain
|
Monaco
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.84
€2.70
|
$9.11
€8.64
|
|
| Cappuccino in mid-range area |
$1.98
€1.88
|
$6.29
€5.97
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.66
€5.36
|
$12.06
€11.43
|
|
| Monthly membership at local gym |
$42.87
€40.65
|
$512.44
€485.98
|
|
| Movie ticket to theater/cinema |
$8.63
€8.19
|
$15.00
€14.23
|
|
pay 3.1 times more for clothing
|
Spain
|
Monaco
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$75.89
€71.97
|
$194.39
€184.35
|
|
|
Regular dress
from H&M or similar store
|
$32.12
€30.46
|
$75.16
€71.28
|
|
|
Running shoes
Nike or Adidas
|
$77.96
€73.93
|
$203.37
€192.87
|
|
| Men's business shoes (leather) |
$91.38
€86.67
|
$446.93
€423.85
|
|
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