Summary of The Cost of Living in Monaco
• The average monthly cost of living for a single person across cities in Monaco is $12,921.00 including rent, or $2,921.00 excluding rent.
• The average monthly cost of living for a couple (2 adults) across cities in Monaco is $14,986.50 including rent, or $4,986.50 excluding rent.
• The average monthly cost of living for a family of four (2 adults + 2 children) across cities in Monaco is $20,170.00 including rent, or $7,170.00 excluding rent.
• The average yearly cost of living across cities in Monaco ranges from $155,052.00 for a single person to $179,838.00 for a couple, and $242,040.00 for a family of four, including rent. Excluding rent, the yearly range is $35,052.00 for a single person to $59,838.00 for a couple, and $86,040.00 for a family of four.
• For budget-conscious living across cities in Monaco, baseline monthly expenses range from $7,360.00 for a single person to $8,386.00 for a couple, and $11,283.50 for a family of four, including rent. Excluding rent, the range is $1,360.00 for a single person to $2,386.00 for a couple, and $3,483.50 for a family of four.
• For comfortable/luxury living across cities in Monaco, estimated monthly expenses range from $24,484.00 for a single person to $28,847.00 for a couple, and $38,798.00 for a family of four, including rent. Excluding rent, the range is $6,484.00 for a single person to $10,847.00 for a couple, and $15,398.00 for a family of four.
• The average monthly salary for a person across cities in Monaco is $6,264.00, which is 114.4% more than the average monthly cost of living and 360.6% more than the budget cost of living for a single person, excluding rent.
Cost of Living Details
| Category | Subcategory | Description | Cost Range (Monthly) |
|---|---|---|---|
| Monthly rent for your primary residence (apartments, houses, condos) | |||
| Monthly electricity bill | |||
| Monthly running water bill | |||
| Monthly broadband internet subscription with unlimited data and cable TV | |||
| Monthly gas and heating expenses | |||
| Monthly mobile phone plan with data and calling | |||
| Monthly food and grocery expenses | |||
| Monthly expenses for basic household supplies and personal hygiene items (toiletries, cleaning supplies, and paper products) | |||
| Monthly transportation costs (public transit, vehicle ownership, or ride-sharing) | |||
| Monthly expenses for movies, coffee, drinks, and social activities (excluding shopping & dining) | |||
| Monthly expenses for clothing, shoes, and accessories | |||
| Monthly health insurance cost | |||
| Monthly prescription medications and pharmacy expenses | |||
| Monthly doctor visits and dental care expenses | |||
| Monthly gym membership | |||
| Monthly expenses for laundry and housekeeping services | |||
| Monthly expenses for food and basic care per pet (grooming, veterinary visits, treats, and medications) | |||
| Monthly childcare and school fees | |||
| Total (selected items only) | |||
Expense Distribution
Salary Info
| Category | Subcategory | Description | Salary Range (Monthly) |
|---|---|---|---|
| Salary | Salary | Monthly salary (full-time) |