Cost Breakdown
| Category | Notes | |
|---|---|---|
| 🏠 Housing |
$3,500.00
$8,500.00
$450.00
|
Per day for short-term rentals in Moneghetti, Monaco |
| 🔌 Utilities |
$180.00
$250.00
$0.00
|
Included in accommodation |
| 📶 Internet & Mobile |
$60.00
$90.00
$10.00
|
Daily SIM/data plans or Wi-Fi access |
| 🛒 Groceries |
$600.00
$1,100.00
$25.00
|
Occasional snacks or self-catering |
| 🚗 Transportation |
$70.00
$150.00
$15.00
|
Public transport and occasional taxis |
| 🍽️ Dining Out |
$250.00
$1,200.00
$60.00
|
Mostly restaurants, mid-range to upscale |
| 🎟️ Leisure Activities |
$100.00
$350.00
$40.00
|
Museums, events, and entertainment |
| 🏥 Health Insurance |
$150.00
$600.00
$20.00
|
Travel insurance or short-term coverage |
| 📝 Visa & Legal Fees |
$0.00
$200.00
$0.00
|
Monthly average of visa/legal processing fees |
| Total |
$4,910.00
$12,440.00
$620.00
|
Local Resident: Basic but comfortable lifestyle for a local salary. Cooking most meals at home with occasional local restaurants (2-3x/month). Local brands and services.
Digital Nomad: Western standard of living with imported goods/services. Regular dining out at mid-range to upscale restaurants (3-4x/week). Mix of local and imported products.
Tourist: Daily costs for comfortable short-term stays. Eating most meals at restaurants, using tourist-oriented services and accommodations.
Individual Item Costs
🏢 Apartment (1 bedroom)
$4,500.00
Moneghetti is a prime residential area in Monaco; prices are slightly lower than Monte Carlo center but still very high.
per month
☕ Coffee
$5.50
Specialty coffee shops dominate; local cafes may offer prices around $4.50.
per cup
🍺 Beer
$9.00
Premium bars and restaurants charge higher prices; casual spots may be around $7.50.
per pint
🍽️ Meal (Inexpensive)
$25.00
Inexpensive meals in Monaco are costly compared to other European cities due to luxury market.
per meal
🍔 Fast Food Combo
$15.00
Fast food chains are available but pricier than average due to import costs.
per meal
🍎 Apples
$4.50
Locally sourced fruits are limited; prices reflect import and luxury market.
per kg
🍞 Bread
$3.50
Artisanal bread is common; supermarkets offer slightly cheaper options.
per loaf
🥛 Milk
$2.20
Dairy products are imported; prices stable year-round.
per liter
🍚 Rice
$3.80
Basic staple but imported; prices consistent.
per kg
🥩 Chicken Fillets
$18.00
High-quality poultry with limited local production.
per kg
🍖 Beef
$35.00
Premium cuts dominate market; prices reflect luxury demand.
per kg
🥂 Wine (Mid-range)
$25.00
Local and imported wines available; mid-range bottles average this price.
per bottle
🚕 Taxi Start
$6.00
Starting fare includes a base charge typical for Monaco.
per trip
🚕 Taxi per km
$3.50
Rates are higher than neighboring France due to Monaco's cost structure.
per km
🚌 Monthly Transport Pass
$60.00
Public transport is limited but efficient; pass covers buses and some regional trains.
per month
🚘 Gasoline
$2.10
Prices reflect European average with Monaco's taxes included.
per liter
🧴 Mobile Plan
$45.00
Plans with moderate data; premium plans cost more.
per month
💻 Internet (60 Mbps+)
$55.00
High-speed internet widely available; prices stable year-round.
per month
🏋️ Gym Membership
$90.00
Luxury gyms dominate; basic memberships are rare.
per month
🎾 Tennis Court (Weekend)
$40.00
Weekend rates are higher due to demand.
per hour
🎟️ Cinema Ticket
$18.00
Standard ticket prices; premium screenings cost more.
per ticket
👖 Jeans
$120.00
Mid-range brand jeans; luxury brands cost significantly more.
per pair
👗 Summer Dress
$150.00
Prices reflect boutique and designer stores common in Monaco.
per dress
👟 Running Shoes
$130.00
Popular brands available; prices reflect European retail costs.
per pair