Prices and Cost of Living in Monaco
Travel Budget Calculator
Calculate how much money you will spend on your vacation in Monaco. Sample budget for each type of traveler - food, transportation, sightseeing and accommodation expenses.
Backpacker's budget
Traveling with a backpack
from 179.76 USD
Average daily expenses were calculated on the basis of the prices of accommodation, food (restaurants and shops), transport (public transport and taxis) and some tourist attractions. Values may vary depending on the city, tourist season, or during major religious and public events. Update 22 December 2024.
How much do you spend per day on travel and sightseeing?
Traveling and sightseeing in a cheap way (hostels, cheap food), you can fit into a budget from 172 EUR (180 USD). On the other hand, a slightly higher standard (3-star hotel, meals in restaurants) you should expect to spend from 237 EUR (247 USD). You should additionally take into account that if you are traveling alone, the cost may be slightly higher.
Food Prices - Calculate the Cost of Living
The calculator allows you to quickly and easily calculate how much you will spend on average to buy food at grocery stores in Monaco. Plan your daily, weekly and monthly food expenses.
Select the appropriate number of days to see how much you will spend on food during that period. Values given for one person.
Cheapest products
Here's how much you will spend in 1 day.
from 9.3 USD to 15.21 USD
Mid-range products
Here's how much you will spend in 1 day.
from 12.49 USD to 20.09 USD
Average values for capital or largest city. Purchase of food products in local stores and supermarkets corresponding to daily meals of 2,200 to 2,400 kcal was taken into account. Update 22 December 2024.
How much do you have to spend on groceries per day in Monaco?
When shopping for groceries in local stores and markets, the average daily cost of food expenses will range from 8.92 EUR (9.3 USD) to 14.58 EUR (15.21 USD) when buying the cheapest products. However, if you choose slightly more expensive products, you can expect to pay from 11.98 EUR (12.49 USD) to 19.26 EUR (20.09 USD) per day. These figures are based on daily meals consisting of approximately 2200-2400 kcal and may vary slightly depending on the city.
Budget and shopping basket update: 22 December 2024
Estimated budget and daily food costs are always given per person and are only a suggestion to help you plan your total travel costs.
Budget was calculated on the basis of average prices of accommodation in each category (hotels and hostels), food costs (restaurants and grocery shopping), transport prices and some tourist attractions.
BACKPACKER'S BUDGET
• accommodation in a hostel or cheap hotel,
• travel by public transport,
• dining in cheap local restaurants or buying food in local stores,
• small number of paid tourist attractions,
• two people travel (when traveling alone, prices may be higher, but only if we use a hotel room instead of a dormitory).
TOURIST'S BUDGET
• accommodation in a 3 star hotel (with a small number of available facilities, average prices of 3* and 4* hotels),
• traveling by taxis,
• catering in middle-class restaurants and buying food in grocery stores,
• average number of paid tourist attractions,
• two people travel (they share costs of accommodation and transport).
FOOD EXPENSES
• daily meals containing 2200 to 2400 kcal (applies to both price variants),
• shopping for food in local stores or supermarkets (no meals in restaurants),
• value per person & for the capital or largest city.
Prices in Monaco
Below you will find a list of prices for products and services in Monaco, which will help you determine what expenses you should prepare for when going on vacation in this country.
Grocery Store Prices
Apples (1kg) | 2.61 USD |
Banana (1kg) | 4.69 USD |
Beef Round (1kg) (or Equivalent Back Leg Red Meat) | 19.12 USD |
Bottle of Wine (Mid-Range) | 13.56 USD |
Chicken Fillets (1kg) | 14.31 USD |
Cigarettes 20 Pack (Marlboro) | 10.43 USD |
Domestic Beer (0.5 liter bottle) | 2.09 USD |
Eggs (regular) (12) | 4.22 USD |
Imported Beer (0.33 liter bottle) | 4.17 USD |
Lettuce (1 head) | 2.09 USD |
Loaf of Fresh White Bread (500g) | 3.02 USD |
Local Cheese (1kg) | 20.34 USD |
Milk (regular), (1 liter) | 2.43 USD |
Onion (1kg) | 2.78 USD |
Oranges (1kg) | 1.91 USD |
Potato (1kg) | 2.73 USD |
Rice (white), (1kg) | 3.31 USD |
Tomato (1kg) | 3.78 USD |
Water (1.5 liter bottle) | 3.08 USD |
Food and beverage prices in Monaco
Popular food products found on store shelves in Monaco include bananas, rice, bread, onions, eggs, tomatoes, cheese, beef and potatoes, among others. Prices for a kilo of these products range from 2.67 EUR (2.78 USD) for a kilo of onions to 18.33 EUR (19.12 USD) for a kilo of beef. The price of white rice is 3.17 EUR (3.31 USD) per kilo, while a loaf of fresh white bread costs 2.9 EUR (3.02 USD) per half kilo. Bananas cost 4.5 EUR (4.69 USD) per kilo, while apples cost 2.5 EUR (2.61 USD) per kilo.
Water, available in 1.5-liter bottles, costs 2.95 EUR (3.08 USD). Dairy prices in Monaco, on the other hand, are as follows: 1 liter of milk costs about 2.33 EUR (2.43 USD), and 1 kilogram of locally produced cheese is an expense of 19.5 EUR (20.34 USD). Chicken filet, which is a common ingredient in meat dishes, costs in the range of 13.72 EUR (14.31 USD) per kilo. Eggs (12 pieces per package) are an expense of about 4.05 EUR (4.22 USD), and the average price of tomatoes is 3.62 EUR (3.78 USD) per kilo.
Restaurant Prices
Cappuccino (regular) | 4.23 USD |
Coke/Pepsi (0.33 liter bottle) | 5.34 USD |
Domestic Beer (0.5 liter draught) | 7.30 USD |
Imported Beer (0.33 liter bottle) | 9.07 USD |
McMeal at McDonalds (or Equivalent Combo Meal) | 10.43 USD |
Meal for 2 People, Mid-range Restaurant, Three-course | 146 USD |
Meal, Inexpensive Restaurant | 31.29 USD |
Water (0.33 liter bottle) | 6.71 USD |
What is the typical cost for an affordable meal?
Prices in restaurants in Monaco vary and depend on several factors, such as the type of restaurant, location and time of day. For instance, a Cappuccino typically costs around 4.06 EUR (4.23 USD), while a 0.33-liter bottle of Coca-Cola or Pepsi is priced at approximately 5.12 EUR (5.34 USD). At a fast-food restaurant such as McDonald's, you can expect to pay 10 EUR (10.43 USD) for a meal, whereas a meal for two at a mid-range restaurant could cost around 140 EUR (146 USD). Budget-friendly dining options are also available, with some restaurants offering meals for as little as 30 EUR (31.29 USD).
Public Transportation Prices
Monthly Pass (Regular Price) | 22.95 USD |
One-way Ticket (Local Transport) | 2.09 USD |
Taxi 1hour Waiting (Normal Tariff) | 83.44 USD |
Taxi 1km (Normal Tariff) | 1.77 USD |
Taxi Start (Normal Tariff) | 3.13 USD |
How much does transportation cost in Monaco?
The average expense of a one-way trip using local transportation stands at approximately 2 EUR (2.09 USD), while a monthly ticket for public transportation has an average cost of roughly 22 EUR (22.95 USD). Choosing to travel by taxi would entail an initial fee of 3 EUR (3.13 USD), along with a per-kilometer charge of 1.7 EUR (1.77 USD).
Fuel Prices
Diesel 1L | 2.32 USD |
Gasoline 1L | 2.34 USD |
Fuel prices in Monaco
Average fuel prices in Monaco are 2.24 EUR (2.34 USD) per liter of gasoline and 2.22 EUR (2.32 USD) per liter of diesel.
Entertainment Prices
Cinema, International Release, 1 Seat | 10.43 USD |
Fitness Club, Monthly Fee for 1 Adult | 548 USD |
Tennis Court Rent (1 Hour on Weekend) | 20.86 USD |
Apartment Rental Prices
Apartment (1 bedroom) in City Centre | 6 020 USD |
Apartment (1 bedroom) Outside of Centre | 3 663 USD |
Apartment (3 bedrooms) in City Centre | 24 585 USD |
Apartment (3 bedrooms) Outside of Centre | 11 098 USD |
How much does it cost to rent an apartment in Monaco?
The cost of renting or buying an apartment in Monaco varies according to its location. On average, renting an apartment with one bedroom and a living room outside the city center costs approximately 3512 EUR (3663 USD) per month, while the same type of apartment in the city center can cost around 5772 EUR (6020 USD) per month. In comparison, the purchase price of an apartment in the city center is 74000 EUR (77182 USD) per square meter.
Apartment Buying Prices
Price per Square Meter to Buy Apartment in City Centre | 77 182 USD |
Price per Square Meter to Buy Apartment Outside of Centre | 56 322 USD |
Average Salary
Average Monthly Net Salary (After Tax) | 5 265 USD |
Hotel Prices in Monaco
A comprehensive list of the current prices of accommodations in various cities, ranging from budget-friendly hotels to high-end luxurious stays.
• Prices of products and services in Monaco. Prices may vary from town to town.
• Updates: oldest data 03/2023, latest data 10/2024.
• Prices were calculated based on several sources including Expedia.com, Booking.com, local supermarket websites, own sources, submissions from users. We do not guarantee their accuracy, however, we try, to keep them high.
• If you have noticed an error, please report it.