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AverageCostOfLiving
Average cost of living in Monaco — 1 cities compared on rent, groceries, transport, and salaries in USD.
Western Europe Updated

Average Cost of Living in Monaco

The average cost of living in Monaco ranges from $9,481 per month in Monaco-Monaco to $9,481 per month in Monaco-Monaco, with a median monthly basket of $9,481 for a single person. We track 1 city in Monaco.

Prices in USD, refreshed regularly. Click any city for the full price breakdown.

On this page 3 sections
Section Description
Monaco at a glance Headline numbers across 1 city.
Cities in Monaco Sort by cheapest, most expensive, A–Z, or cost index.
Frequently asked about Monaco Common questions about prices, salaries, and relocating.
Cities tracked
1
Median monthly · single
$9,481
Average cost index
215.5
NYC = 100
Most / least expensive
Monaco-Monaco / Monaco-Monaco

Browse cities

1 cities shown

About cost of living in Monaco

How expensive is Monaco?
Monaco has 1 cities tracked in our dataset. Costs vary considerably across the country: Monaco-Monaco is among the most affordable, while Monaco-Monaco ranks among the most expensive.
How much money do I need to live in Monaco?
Budget anywhere from $9,481 per month in Monaco-Monaco (the cheapest tracked city) to $9,481 per month in Monaco-Monaco (the most expensive). Pick the city that matches your work and lifestyle, then add 15–25% on top of the basket for taxes, savings, and discretionary spending.
What is the cheapest city in Monaco?
Monaco-Monaco typically offers the lowest cost of living in Monaco, especially on rent and groceries. Salaries are usually lower too — compare both before relocating.
Which city in Monaco has the best quality of life for expats?
The best fit depends on your work and lifestyle. Capital cities offer the most amenities, English-speaking services, and international communities, while regional cities trade those for affordability and a slower pace.
Is the cost-of-living data for Monaco up to date?
Prices are normalized to USD and refreshed periodically. Currency fluctuations can shift dollar-denominated costs even when local prices are stable, so use the figures as a relative comparison rather than a precise quote.