Cost of Living in Monaco

Restaurants Price Range
Meal, Inexpensive Restaurant 30.00 € 20.00 – 50.63
Meal for 2 People, Mid-range Restaurant, Three-course 110.00 € 80.00 – 130.00
McMeal at McDonalds (or Equivalent Combo Meal) 7.26 € 5.00 – 15.00
Domestic Beer (0.5 liter draught) 7.50 € 5.00 – 9.00
Imported Beer (0.33 liter bottle) 6.00 € 3.00 – 7.00
Cappuccino (regular) 3.96 € 3.00 – 5.00
Coke/Pepsi (0.33 liter bottle) 4.65 € 3.26 – 6.00
Water (0.33 liter bottle) 4.00 € 4.00 – 4.00
Markets
Milk (regular), (1 liter) 1.65 € 1.20 – 2.00
Loaf of Fresh White Bread (500g) 2.24 € 2.00 – 3.00
Rice (white), (1kg) 2.00 € 2.00 – 4.00
Eggs (regular) (12) 3.03 € 2.00 – 4.00
Local Cheese (1kg) 16.33 € 14.00 – 20.00
Chicken Breasts (Boneless, Skinless), (1kg) 11.68 € 8.00 – 18.74
Beef Round (1kg) (or Equivalent Back Leg Red Meat) 11.00 € 8.00 – 20.00
Apples (1kg) 2.00 € 1.00 – 5.00
Banana (1kg) 4.00 € 3.00 – 5.00
Oranges (1kg) 2.00 € 1.00 – 5.00
Tomato (1kg) 2.67 € 1.00 – 5.00
Potato (1kg) 3.00 € 1.00 – 6.00
Onion (1kg) 2.67 € 1.00 – 5.00
Lettuce (1 head) 1.83 € 1.00 – 5.00
Water (1.5 liter bottle) 1.33 € 0.80 – 2.50
Bottle of Wine (Mid-Range) 12.00 € 10.00 – 14.00
Domestic Beer (0.5 liter bottle) 3.10 € 2.00 – 4.29
Imported Beer (0.33 liter bottle) 3.00 € 2.00 – 4.00
Cigarettes 20 Pack (Marlboro) 7.00 € 5.00 – 7.50
Transportation
One-way Ticket (Local Transport) 2.00 € 2.00 – 2.00
Monthly Pass (Regular Price) 33.50 € 22.00 – 60.00
Taxi Start (Normal Tariff) 3.00 € 3.00 – 3.00
Taxi 1km (Normal Tariff) 3.50 € 2.00 – 3.70
Taxi 1hour Waiting (Normal Tariff) 40.00 € 40.00 – 42.00
Gasoline (1 liter) 1.66 € 1.11 – 1.80
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 23,340.00 € 20,000.00 – 23,500.00
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) 27,566.67 € 21,000.00 – 30,300.00
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment 195.17 € 141.67 – 250.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.09 € 0.03 – 0.15
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 55.00 € 30.00 – 70.00
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult 142.00 € 90.00 – 200.00
Tennis Court Rent (1 Hour on Weekend) 30.50 € 25.00 – 60.00
Cinema, International Release, 1 Seat 12.00 € 12.00 – 18.00
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,200.00 € 1,200.00 – 1,200.00
International Primary School, Yearly for 1 Child 22,000.00 € 12,000.00 – 40,000.00
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar) 73.33 € 25.00 – 120.00
1 Summer Dress in a Chain Store (Zara, H&M, …) 53.33 € 50.00 – 60.00
1 Pair of Nike Running Shoes (Mid-Range) 112.00 € 100.00 – 130.00
1 Pair of Men Leather Business Shoes 195.00 € 175.00 – 300.00
Rent Per Month
Apartment (1 bedroom) in City Centre 2,550.00 € 1,800.00 – 4,500.00
Apartment (1 bedroom) Outside of Centre 3,100.00 € 1,800.00 – 4,000.00
Apartment (3 bedrooms) in City Centre 14,333.33 € 5,000.00 – 20,000.00
Apartment (3 bedrooms) Outside of Centre 8,000.00 € 5,000.00 – 10,000.00
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre 62,750.00 € 41,000.00 – 100,000.00
Price per Square Meter to Buy Apartment Outside of Centre 45,000.00 € 23,000.00 – 80,000.00
Salaries And Financing
Average Monthly Net Salary (After Tax) 3,733.33 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.27 1.50 – 6.00
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