Cost of Living in Monaco

Summary of cost of living in Monaco:

The estimated monthly costs for a family of four are 7,700.3$ (6,485.9€), excluding rent.
The estimated monthly costs for a single person are 2,092.6$ (1,762.6€), excluding rent.
Cost of living in Monaco is, on average, 126.2% higher than in United States.
Rent in Monaco is, on average, 342.3% higher than in United States.

Restaurants	Edit	Range
Meal at an Inexpensive Restaurant	25.00 €	15.00-50.00
Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks)	146.49 €	110.77-220.00
Combo Meal at McDonald's (or Equivalent Fast-Food Meal)	11.00 €	9.23-11.90
Domestic Draft Beer (1 Pint)	9.00 €	4.50-11.08
Imported Beer (12 oz Small Bottle)	8.10 €	5.50-12.00
Cappuccino (Regular Size)	3.81 €	2.20-8.00
Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle)	6.06 €	4.77-8.31
Bottled Water (12 oz)	6.91 €	4.00-12.00

Markets	Edit
Milk (Regular, 1 Liter)	1.83 €	1.25-2.00
Fresh White Bread (1 lb Loaf)	4.23 €	2.14-5.44
White Rice (1 lb)	1.68 €	0.91-2.72
Eggs (12, Large Size)	4.79 €	3.60-5.00
Local Cheese (1 lb)	6.80 €	6.80-6.80
Chicken Fillets (1 lb)	7.56 €	4.35-9.07
Beef Round or Equivalent Back Leg Red Meat (1 lb)	7.41 €	4.08-9.07
Apples (1 lb)	1.84 €	0.75-2.72
Bananas (1 lb)	2.42 €	1.36-3.63
Oranges (1 lb)	1.48 €	0.79-1.94
Tomatoes (1 lb)	2.41 €	1.36-4.08
Potatoes (1 lb)	1.87 €	0.91-2.27
Onions (1 lb)	1.96 €	0.91-2.27
Lettuce (1 Head)	3.20 €	1.19-6.00
Bottled Water (50 oz)	6.00 €	2.00-9.00
Bottle of Wine (Mid-Range)	9.50 €	5.00-15.00
Domestic Beer (16.9 oz Bottle)	1.71 €	1.00-2.55
Imported Beer (12 oz Small Bottle)	3.98 €	3.96-4.00
Cigarettes (Pack of 20, Marlboro)	12.50 €	8.00-15.00

Transportation	Edit
One-Way Ticket (Local Transport)	2.00 €	1.70-2.00
Monthly Public Transport Pass (Regular Price)	22.00 €	17.00-50.00
Taxi Start (Standard Tariff)	5.00 €
Taxi 1 mile (Standard Tariff)	2.74 €	2.25-3.22
Taxi 1 Hour Waiting (Standard Tariff)	90.00 €	80.00-100.00
Gasoline (1 Liter)	2.09 €	1.66-2.13
Volkswagen Golf 1.5 (or Equivalent New Compact Car)	48,457.50 €	48,355.00-48,560.00
Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car)	45,188.67 €	38,566.00-45,188.67

Utilities (Monthly)	Edit
Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage)	280.33 €	100.00-500.00
Mobile Phone Plan (Monthly, with Calls and 10GB+ Data)	52.00 €	32.00-56.00
Broadband Internet (Unlimited Data, 60 Mbps or Higher)	60.75 €	49.00-100.00

Sports And Leisure	Edit
Monthly Fitness Club Membership	335.00 €	100.00-1,200.00
Tennis Court Rental (1 Hour, Weekend)	38.75 €	20.00-50.00
Cinema Ticket (International Release)	12.00 €	10.00-16.00

Childcare	Edit
Private Full-Day Preschool or Kindergarten, Monthly Fee per Child	2,366.67 €	700.00-3,200.00
International Primary School, Annual Tuition per Child	30,875.00 €	24,000.00-60,000.00

Clothing And Shoes	Edit
Jeans (Levi's 501 or Similar)	176.00 €	75.00-200.00
Summer Dress in a Chain Store (e.g. Zara or H&M)	73.00 €	49.00-100.00
Nike Running Shoes (Mid-Range)	174.33 €	100.00-199.00
Men's Leather Business Shoes	516.33 €	250.00-800.00

Rent Per Month	Edit
1 Bedroom Apartment in City Centre	6,750.00 €	2,500.00-13,000.00
1 Bedroom Apartment Outside of City Centre	5,342.83 €	2,000.00-10,924.00
3 Bedroom Apartment in City Centre	9,433.33 €	3,800.00-14,500.00
3 Bedroom Apartment Outside of City Centre	8,333.33 €	6,000.00-10,000.00

Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	5,700.32 €	2,303.16-8,825.72
Price per Square Feet to Buy Apartment Outside of Centre	4,598.66 €	3,901.90-6,967.67

Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	7,657.72 €
Annual Mortgage Interest Rate (20-Year Fixed, in %)	2.83	2.00-4.00

Prices in Monaco

This country had 39 entries in the past 12 months by 11 different contributors.
Last update: 24 January 2026
Our data for each country are based on all entries from all cities in that country.

Sources and References