Moneghetti, Monaco 🇲🇨
#2125
43.736376, 7.417458
Nomad Score:
55%
💰 Cost & Affordability
💸 Cost of Living
12%
Weight: 150
Monaco is one of the most expensive places to live in the world, with high prices across all categories.
🏠 Accommodation Cost
5%
Weight: 80
Rental prices are exorbitant, with very limited options for affordable housing.
🍎 Food & Groceries
23%
Weight: 40
Dining out and grocery prices are significantly higher than average, especially for imported goods.
🚌 Transportation Cost
40%
Weight: 20
Public transport is relatively affordable, but many rely on taxis which can be costly.
🎟️ Entertainment Cost
18%
Weight: 15
Entertainment options are pricey, especially in high-end venues and events.
🏋️ Gym Membership Cost
35%
Weight: 10
Gym memberships are available but tend to be on the higher end of the price spectrum.
💱 Currency Stability
95%
Weight: 30
Monaco uses the Euro, which is stable and widely accepted.
💻 Digital Nomad Essentials
🚀 Internet Speed
87%
Weight: 100
High-speed internet is readily available, with excellent coverage throughout the city.
👥 Coworking Spaces Availability
50%
Weight: 40
A few coworking spaces exist, but options are limited compared to larger cities.
☕ Cafes with WiFi
62%
Weight: 30
Many cafes offer WiFi, but the atmosphere may not always be conducive to working.
💻☕ Digital Nomad Friendly Cafes
55%
Weight: 30
Some cafes cater to remote workers, but they are not as prevalent as in other cities.
🌟 Digital Nomad Popularity
20%
Weight: 100
Monaco is not a popular destination for digital nomads due to high costs.
🌟 Quality of Life
⚖️ Work-Life Balance
60%
Weight: 30
The lifestyle is generally relaxed, but the high cost of living can create stress.
🌳 Environmental Quality
85%
Weight: 15
Monaco has a strong focus on environmental sustainability and cleanliness.
🧼 Cleanliness
90%
Weight: 10
The city is exceptionally clean, with strict regulations on waste management.
🗨️ Language Barrier
65%
Weight: 30
French is the primary language, but English is widely spoken in tourist areas.
💨 Air Quality
80%
Weight: 15
Air quality is generally good, aided by the Mediterranean climate.
🏥 Healthcare
🏥 Healthcare Quality
90%
Weight: 20
Healthcare services are of high quality, with modern facilities and professionals.
💉 Healthcare Affordability
30%
Weight: 25
Healthcare can be expensive, especially for non-residents without insurance.
🏥 Healthcare
94%
Weight: 20
World-class healthcare infrastructure and professionals are available.
🌿 Climate & Environment
☀️ Weather
90%
Weight: 80
Mild Mediterranean climate with plenty of sunny days throughout the year.
🌪️ Natural Disaster Risk
80%
Weight: 10
Low risk of natural disasters, though occasional flooding can occur.
🏞️ Green Spaces
75%
Weight: 10
Limited green spaces, but well-maintained parks are available.
❄️ Air Conditioning
70%
Weight: 15
Most accommodations and public spaces are equipped with air conditioning.
🍂 Seasonal Variety
65%
Weight: 10
Mild seasons with little variation; winters are short and mild.
🎭 Culture & Entertainment
🎭 Culture
70%
Weight: 20
Rich cultural scene with events, museums, and festivals, though limited compared to larger cities.
🌃 Nightlife
50%
Weight: 15
Nightlife is available but tends to be upscale and expensive.
🏞️ Outdoors & Nature
80%
Weight: 15
Beautiful coastal views and access to hiking trails in nearby areas.
🗣️ Language Learning Opportunities
40%
Weight: 10
Limited language schools, but some opportunities exist for French learning.
🧭 Local Experiences & Tours
60%
Weight: 10
Various tours available, but they can be pricey.
🎳 Indoors Fun
55%
Weight: 10
Limited indoor activities, mostly focused on luxury experiences.
🍎 Food & Fitness
🍽️ Food Scene
65%
Weight: 25
Diverse food options, but high prices limit accessibility.
🧠 Yoga Studios
60%
Weight: 10
A few yoga studios available, but not as many as in larger cities.
🏋️ Fitness Facilities
65%
Weight: 15
Good fitness facilities, but membership costs can be high.
🥗 Healthy Food Options
70%
Weight: 15
Health-conscious dining options are available, though often at a premium.
💼 Work Environment
🕰️ Time Zone Favorability
75%
Weight: 20
CET is favorable for working with Europe and parts of Africa.
🤝 Networking Opportunities
40%
Weight: 25
Limited networking opportunities for digital nomads compared to larger cities.
💻 Remote Job Opportunities
30%
Weight: 20
Few remote job opportunities available, primarily in finance and luxury sectors.
🆓 Freelance Ecosystem
25%
Weight: 20
Limited freelance opportunities due to the small size of the economy.
🏢 Coworking Quality
50%
Weight: 30
Quality of coworking spaces is decent, but options are limited.
📈 Business & Economy
🚀 Startup Scene
30%
Weight: 15
Very few startups, primarily due to the high cost of living and doing business.
💳 Local Payment Services
80%
Weight: 10
Widely accepted payment methods, including credit cards and mobile payments.
🔗 Blockchain & Crypto Adoption
60%
Weight: 15
Growing interest in blockchain, but adoption is still in early stages.
🚆 Transportation
✈️ Airport Connectivity
75%
Weight: 30
Nice Côte d'Azur Airport is nearby, offering good connectivity to major cities.
🚇 Public Transit
60%
Weight: 20
Public transit is available but limited in scope; many prefer walking.
🚶 Walkability
90%
Weight: 20
Highly walkable city with pedestrian-friendly streets.
🚗 Ride-sharing Services
50%
Weight: 15
Ride-sharing services are available but not as popular as in larger cities.
🚲 Cycling
40%
Weight: 10
Limited cycling infrastructure; not a popular mode of transport.
🚄 Intercity Travel Options
65%
Weight: 15
Good train connections to nearby cities, though options are limited.
🛵 Scooter/Bike Rental Availability
40%
Weight: 10
Few options for scooter or bike rentals; not a common practice.
📡 Connectivity
📱 Mobile Network Coverage
85%
Weight: 20
Excellent mobile network coverage throughout the city.
🔒 VPN Reliability
80%
Weight: 20
Reliable VPN services available, with good internet infrastructure.
⚡ Power Grid Reliability
90%
Weight: 15
Very reliable power grid with minimal outages.
📶 Public WiFi Availability
50%
Weight: 10
Public WiFi is available but not widespread or consistently reliable.
⚖️ Legal & Administrative
🛂 Visa Ease
40%
Weight: 40
Visa processes can be complex and lengthy for non-EU citizens.
📊 Tax Friendliness
95%
Weight: 30
Monaco has no personal income tax, making it very attractive for high earners.
🗣️ Freedom of Speech
60%
Weight: 15
Moderate freedom of speech, but some restrictions exist.
🏛️ Political Stability
90%
Weight: 20
Monaco is politically stable with a strong government.
🏦 Ease of Opening Bank Account
50%
Weight: 15
Opening a bank account can be challenging for non-residents.
📄 Ease of Business Registration
40%
Weight: 10
Business registration can be bureaucratic and time-consuming.
📄✈️ Digital Nomad Visa Availability
20%
Weight: 35
No specific digital nomad visa available; residency requirements are strict.
🌍 Digital Nomad Community
🌍 Nomad Friendly
30%
Weight: 50
Limited amenities and community for digital nomads.
🤝 Nomad Events & Meetups
25%
Weight: 25
Very few events or meetups specifically for digital nomads.
🌐👥 Online Community Presence
30%
Weight: 20
Limited online presence for digital nomads in Monaco.
🛡️ Safety & Tolerance
🛡️ Safety
95%
Weight: 100
Extremely safe with very low crime rates.
♀️ Female Friendly
80%
Weight: 50
Generally safe and welcoming for women, with good support services.
✊ Racial Tolerance
70%
Weight: 50
Monaco is relatively tolerant, but it is a small and homogeneous population.