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  3. Cost of Living & Prices: Monaco vs. Montenegro

Cost of Living & Prices:
Monaco vs. Montenegro

Compare the cost of living and prices of goods and services, such as consumer goods prices, housing costs, average wages and more, to learn about differences and similarities between countries.

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Grocery

EURUSD

Monaco vs. Montenegro - grocery purchase prices. You would pay on average 2.39 times more for grocery shopping in Monaco than in Montenegro.

Apples (1kg)

One kilogram of apples costs 4.05 EUR (4.7 USD) in Monaco and 1.18 EUR (1.37 USD) in Montenegro. The price of this product is 70.9% lower in Montenegro.

4.05 EUR
1.18 EUR

Banana (1kg)

1 kilogram of bananas costs 5.33 EUR (6.19 USD) in Monaco and 1.53 EUR (1.78 USD) in Montenegro. The price of this product is 71.3% lower in Montenegro.

5.33 EUR
1.53 EUR

Beef Round (1kg) (or Equivalent Back Leg Red Meat)

One kilogram of beef or similar meat costs 16.33 EUR (18.95 USD) in Monaco and 10.04 EUR (11.65 USD) in Montenegro. The price of this product is 38.5% lower in Montenegro.

16.33 EUR
10.04 EUR

Bottle of Wine (Mid-Range)

A bottle of medium-grade wine costs 9.5 EUR (11.02 USD) in Monaco and 5 EUR (5.8 USD) in Montenegro. The price of this product is 47.4% lower in Montenegro.

9.50 EUR
5.00 EUR

Chicken Fillets (1kg)

One kilogram of chicken fillet costs 16.67 EUR (19.34 USD) in Monaco and 6.7 EUR (7.77 USD) in Montenegro. The price of this product is 59.8% lower in Montenegro.

16.67 EUR
6.70 EUR

Cigarettes 20 Pack (Marlboro)

A pack of 20 cigarettes costs 12.5 EUR (14.51 USD) in Monaco and 3.6 EUR (4.18 USD) in Montenegro. The price of this product is 71.2% lower in Montenegro.

12.50 EUR
3.60 EUR

Domestic Beer (0.5 liter bottle)

Domestic beer in a 0.5 liter bottle costs 1.71 EUR (1.98 USD) in Monaco and 0.99 EUR (1.15 USD) in Montenegro. The price of this product is 42.1% lower in Montenegro.

1.71 EUR
0.99 EUR

Eggs (regular) (12)

You will pay 4.79 EUR (5.56 USD) for 12 eggs in Monaco and 2.74 EUR (3.18 USD) in Montenegro. The price of this product is 42.8% lower in Montenegro.

4.79 EUR
2.74 EUR

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 3.98 EUR (4.62 USD) in Monaco and 1.5 EUR (1.74 USD) in Montenegro. The price of this product is 62.3% lower in Montenegro.

3.98 EUR
1.50 EUR

Lettuce (1 head)

One head of lettuce costs 3.2 EUR (3.71 USD) in Monaco and 1.42 EUR (1.65 USD) in Montenegro. The price of this product is 55.6% lower in Montenegro.

3.20 EUR
1.42 EUR

Loaf of Fresh White Bread (500g)

One loaf of fresh white bread costs 4.67 EUR (5.42 USD) in Monaco and 0.88 EUR (1.02 USD) in Montenegro. The price of this product is 81.2% lower in Montenegro.

4.67 EUR
0.88 EUR

Local Cheese (1kg)

One kilogram of locally produced cheese costs 15 EUR (17.41 USD) in Monaco and 7.67 EUR (8.9 USD) in Montenegro. The price of this product is 48.9% lower in Montenegro.

15.00 EUR
7.67 EUR

Milk (regular), (1 liter)

One liter of milk costs 1.83 EUR (2.12 USD) in Monaco and 1.14 EUR (1.32 USD) in Montenegro. The price of this product is 37.7% lower in Montenegro.

1.83 EUR
1.14 EUR

Onion (1kg)

One kilogram of onions costs 4.33 EUR (5.02 USD) in Monaco and 1 EUR (1.16 USD) in Montenegro. The price of this product is 76.9% lower in Montenegro.

4.33 EUR
1.00 EUR

Oranges (1kg)

One kilogram of oranges costs 3.26 EUR (3.78 USD) in Monaco and 1.37 EUR (1.59 USD) in Montenegro. The price of this product is 58% lower in Montenegro.

3.26 EUR
1.37 EUR

Potato (1kg)

One kilogram of potatoes costs 4.11 EUR (4.77 USD) in Monaco and 0.88 EUR (1.02 USD) in Montenegro. The price of this product is 78.6% lower in Montenegro.

4.11 EUR
0.88 EUR

Rice (white), (1kg)

One kilogram of white rice costs 3.71 EUR (4.31 USD) in Monaco and 1.99 EUR (2.31 USD) in Montenegro. The price of this product is 46.4% lower in Montenegro.

3.71 EUR
1.99 EUR

Tomato (1kg)

One kilogram of tomatoes costs 4.57 EUR (5.3 USD) in Monaco and 2.25 EUR (2.61 USD) in Montenegro. The price of this product is 50.8% lower in Montenegro.

4.57 EUR
2.25 EUR

Water (1.5 liter bottle)

A 1.5 liter bottle of water costs 6 EUR (6.96 USD) in Monaco and 0.75 EUR (0.87 USD) in Montenegro. The price of this product is 87.5% lower in Montenegro.

6.00 EUR
0.75 EUR

Restaurant

EURUSD

Monaco vs. Montenegro - expenses on meals in restaurants. You would pay 3.09 times more for meals in restaurants in Monaco than in Montenegro.

Cappuccino (regular)

For a cappuccino in a restaurant, you'll pay 3.78 EUR (4.39 USD) in Monaco and 2.06 EUR (2.39 USD) in Montenegro. The price of this product is 45.5% lower in Montenegro.

3.78 EUR
2.06 EUR

Coke/Pepsi (0.33 liter bottle)

A 0.33 liter bottle of Coca-Cola or Pepsi costs 5.09 EUR (5.91 USD) in Monaco and 1.93 EUR (2.24 USD) in Montenegro. The price of this product is 62.1% lower in Montenegro.

5.09 EUR
1.93 EUR

Domestic Beer (0.5 liter draught)

Domestic beer with a capacity of 0.5 liters costs 8.5 EUR (9.86 USD) in Monaco and 2.5 EUR (2.9 USD) in Montenegro. The price of this product is 70.6% lower in Montenegro.

8.50 EUR
2.50 EUR

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 8.1 EUR (9.4 USD) in Monaco and 3 EUR (3.48 USD) in Montenegro. The price of this product is 63% lower in Montenegro.

8.10 EUR
3.00 EUR

McMeal at McDonalds (or Equivalent Combo Meal)

A McMeal or similar meal at McDonald's costs 10.75 EUR (12.47 USD) in Monaco and 8 EUR (9.28 USD) in Montenegro. The price of this product is 25.6% lower in Montenegro.

10.75 EUR
8.00 EUR

Meal for 2 People, Mid-range Restaurant, Three-course

A three-course meal for two people at a mid-range restaurant costs 142.97 EUR (165.91 USD) in Monaco and 40 EUR (46.42 USD) in Montenegro. The price of this product is 72% lower in Montenegro.

142.97 EUR
40.00 EUR

Meal, Inexpensive Restaurant

A meal at an inexpensive restaurant costs 26.8 EUR (31.1 USD) in Monaco and 10 EUR (11.6 USD) in Montenegro. The price of this product is 62.7% lower in Montenegro.

26.80 EUR
10.00 EUR

Water (0.33 liter bottle)

A 0.33 liter bottle of water costs 6.34 EUR (7.36 USD) in Monaco and 1.3 EUR (1.51 USD) in Montenegro. The price of this product is 79.5% lower in Montenegro.

6.34 EUR
1.30 EUR

Fuel

EURUSD

Monaco vs. Montenegro - expenses related to fuel. You would pay 1.18 times more for fuel in Monaco than in Montenegro.

Diesel 1L

A liter of diesel costs 1.67 EUR (1.93 USD) in Monaco and 1.4 EUR (1.63 USD) in Montenegro. The price of this product is 16.2% lower in Montenegro.

1.67 EUR
1.40 EUR

Gasoline 1L

A liter of gasoline costs 1.73 EUR (2.01 USD) in Monaco and 1.48 EUR (1.71 USD) in Montenegro. The price of this product is 14.5% lower in Montenegro.

1.73 EUR
1.48 EUR

Transportation

EURUSD

Monaco vs. Montenegro - costs of transportation and public communication. You would pay 2.67 times more for transportation in Monaco than in Montenegro.

Monthly Pass (Regular Price)

The monthly ticket price for public transportation is 22 EUR (25.53 USD) in Monaco and 30 EUR (34.81 USD) in Montenegro. The price of this product is 26.7% lower in Monaco.

22.00 EUR
30.00 EUR

One-way Ticket (Local Transport)

The one-way ticket price for local transportation is 2 EUR (2.32 USD) in Monaco and 1 EUR (1.16 USD) in Montenegro. The price of this product is 50% lower in Montenegro.

2.00 EUR
1.00 EUR

Taxi 1hour Waiting (Normal Tariff)

The cost of a one-hour taxi stand/wait is 90 EUR (104.44 USD) in Monaco and 12.5 EUR (14.51 USD) in Montenegro. The price of this product is 86.1% lower in Montenegro.

90.00 EUR
12.50 EUR

Taxi 1km (Normal Tariff)

The fare for each kilometer traveled is 1.7 EUR (1.97 USD) in Monaco and 1 EUR (1.16 USD) in Montenegro. The price of this product is 41.2% lower in Montenegro.

1.70 EUR
1.00 EUR

Taxi Start (Normal Tariff)

The initial fare during a taxi ride is 5.8 EUR (6.73 USD) in Monaco and 1 EUR (1.16 USD) in Montenegro. The price of this product is 82.8% lower in Montenegro.

5.80 EUR
1.00 EUR

Sports & entertainment

EURUSD

Monaco vs. Montenegro - costs related to entertainment and sports.

Cinema, International Release, 1 Seat

The ticket price for a foreign film in the cinema is 12 EUR (13.93 USD) in Monaco and 5 EUR (5.8 USD) in Montenegro. The price of this product is 58.3% lower in Montenegro.

12.00 EUR
5.00 EUR

Fitness Club, Monthly Fee for 1 Adult

The monthly fee for entry to the fitness club is 335 EUR (388.75 USD) in Monaco and 39.2 EUR (45.49 USD) in Montenegro. The price of this product is 88.3% lower in Montenegro.

335.00 EUR
39.20 EUR

Tennis Court Rent (1 Hour on Weekend)

The cost of renting a tennis court for one hour on the weekend is 38.75 EUR (44.97 USD) in Monaco and 11.81 EUR (13.7 USD) in Montenegro. The price of this product is 69.5% lower in Montenegro.

38.75 EUR
11.81 EUR

Flats for rent

EURUSD

Monaco vs. Montenegro - costs of renting an apartment. You would pay about 16.67 times more for renting an apartment in Monaco than in Montenegro.

Apartment (1 bedroom) in City Centre

For renting an apartment in the city center consisting of a living room and one bedroom, you will pay 6158 EUR (7145.69 USD) in Monaco and 589.34 EUR (683.9 USD) in Montenegro. The price of this product is 90.4% lower in Montenegro.

6 158 EUR
589.34 EUR

Apartment (1 bedroom) Outside of Centre

For renting an apartment outside the city center consisting of a living room and one bedroom, you will pay 6981 EUR (8101.07 USD) in Monaco and 444.81 EUR (516.18 USD) in Montenegro. The price of this product is 93.6% lower in Montenegro.

6 981 EUR
444.81 EUR

Apartment (3 bedrooms) in City Centre

For renting an apartment in the city center consisting of a living room and three bedrooms, you will pay 28167 EUR (32685.92 USD) in Monaco and 1040 EUR (1206.29 USD) in Montenegro. The price of this product is 96.3% lower in Montenegro.

28 167 EUR
1 040 EUR

Apartment (3 bedrooms) Outside of Centre

For renting an apartment outside the city center consisting of a living room and three bedrooms, you will pay 6400 EUR (7426.85 USD) in Monaco and 787.31 EUR (913.63 USD) in Montenegro. The price of this product is 87.7% lower in Montenegro.

6 400 EUR
787.31 EUR

Flats for sale

EURUSD

Monaco vs. Montenegro - costs of purchasing an apartment. You would pay 27.18 times more for buying an apartment in Monaco than in Montenegro.

Price per Square Meter to Buy Apartment in City Centre

For one square meter of an apartment in the city center you will pay 61358 EUR (71202.85 USD) in Monaco and 2416 EUR (2803.13 USD) in Montenegro. The price of this product is 96.1% lower in Montenegro.

61 358 EUR
2 416 EUR

Price per Square Meter to Buy Apartment Outside of Centre

For one square meter of an apartment outside the city center, you will pay 54600 EUR (63360.33 USD) in Monaco and 1851 EUR (2148.01 USD) in Montenegro. The price of this product is 96.6% lower in Montenegro.

54 600 EUR
1 851 EUR

Salary

EURUSD

Monaco vs. Montenegro - average salary. The average salary in Monaco is 8.79 times higher than in Montenegro.

Average Monthly Net Salary (After Tax)

The average monthly salary after taxes is 7492 EUR (8694 USD) in Monaco and 852.48 EUR (989.26 USD) in Montenegro. The average salary is 88.6% lower in Montenegro.

7 492 EUR
852.48 EUR

Hotels

EURUSD

Monaco vs. Montenegro - prices of accommodation in hostels, guesthouses, and hotels.

One star

-
-

Two stars

-
63.8 EUR

Three stars

299 EUR
99.9 EUR

Four stars

539 EUR
122 EUR

Five stars

-
252 EUR

Average accommodation prices based on Expedia.com data • Update: 15 Dec 2024 (1 night stay for 2 people on 29 Dec 2024) • Monaco: 1 cities, 7 hotels • Montenegro: 9 cities, 75 hotels

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