Cost of living and prices in Monte Carlo, prices of food, rent, shopping, etc. 🇲🇨
Updated Jul 2023

Discover the luxurious city of Monte Carlo in Monaco, located in the heart of Western Europe. With coordinates at 43.74007 latitude and 7.42664 longitude, it sits at an elevation of 45 meters above sea level. This iconic city is home to a population of 16,012 people and runs on the Europe/Monaco time zone with GMT: 1.0.

Known for its luxurious lifestyle, Monte Carlo has one of the highest costs of living in the world. This is due to the city's prestigious reputation, world-renowned casinos, and luxurious attractions. However, residents of Monte Carlo enjoy a high quality of life with access to top-notch amenities and gorgeous views of the Mediterranean Sea.

Experience the glamor and sophistication of Monte Carlo for yourself by visiting the city and indulging in its luxurious lifestyle. From fine dining to high-end shopping, Monte Carlo has it all. And with stunning views of the Mediterranean Sea, it's the perfect place for a dream vacation or a life of luxury.

Cost of Living Estimate in Monte Carlo

Total cost of living in Monte Carlo for two person with average consumption for one month will be 2815.38 USD, no rent price included. Click here to calculate cost-of-living estimate in Monte Carlo

You can calculate cost of living in Monte Carlo by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

Monte Carlo in Monaco offers a variety of dining options to cater to the needs of tourists and locals alike. You can find anything from local cuisine to international dishes in its many restaurants serving world-class food. Some of these include Michelin-starred restaurants that serve exquisite cuisines. There are also casual eateries and cafes offering delicious pastries and coffee for a quick bite. Enjoy the picturesque view of the harbor while sipping a glass of wine or other refreshing drinks.

If you prefer a unique dining experience, be sure to try some of the rooftop bars or lounge restaurants that offer stunning views of the city and the ocean. You can also explore the local markets and enjoy the local street food of Monaco’s food culture. Whatever your mood or preference may be, Monte Carlo has something special for everyone to try. So, come to Monte Carlo and discover the best of French and Mediterranean cuisine and start your culinary adventure.

Meal in Inexpensive Restaurant
60.65 $
Meal for 2 People, Mid-range Restaurant, Three-course
145.56 $
McMeal at McDonalds or Alternative Combo Meal
12.13 $
Domestic Beer, 0.5 liter Draught
14.56 $
Imported Beer, 0.33 liter Bottle
12.72 $
Cappuccino
4.65 $
Coca-Cola, 0.33 liter Bottle
10.92 $

Markets prices

When it comes to market prices in Monte Carlo, Monaco, there is no denying that they can be quite high. After all, this luxurious principality is known for attracting some of the wealthiest individuals in the world. From designer boutiques to high-end restaurants, you can expect to pay a premium for most goods and services. However, that doesn't mean that there aren't deals to be found. With a little research and some insider knowledge, you can often find great values on everything from fresh produce to clothing.

Of course, one of the most famous markets in Monte Carlo is the Condamine Market. Here, vendors sell a wide range of goods, including fresh seafood, flowers, and handmade crafts. While prices can fluctuate depending on the season, many tourists find that the market is relatively affordable compared to other options in the area. Whether you're a foodie looking for the freshest ingredients or a souvenir hunter searching for unique gifts, the Condamine Market is definitely worth a visit.

Water, 0.33 liter Bottle
8.89 $
Milk, Regular,1 liter
2.43 $
Loaf of Fresh White Bread, 0.5 kg
2.05 $
White Rice, 1 kg
2.43 $
Eggs, 12 pack
3.03 $
Chicken Breasts, Boneless and Skinless, 1 kg
9.70 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
13.95 $
Apples, 1 kg
3.64 $
Banana, 1 kg
6.07 $
Oranges, 1 kg
3.64 $
Tomato, 1 kg
4.25 $
Potato, 1 kg
4.25 $
Onion, 1 kg
4.25 $
Lettuce, 1 head
3.64 $
Water, 1.5 liter Bottle
1.82 $
Bottle of Wine, Mid-Range Price
12.13 $
Domestic Beer, 0.5 liter Bottle
2.43 $
Imported Beer, 0.33 liter Bottle
4.85 $
Pack of Cigarettes
14.56 $

Transportation prices

If you're looking for a luxurious way to get around Monte Carlo, consider hopping in a private helicopter. This option not only provides stunning aerial views of the city and its coastline, but it can also get you to your destination quickly and efficiently. Another unique transportation option is the water taxi. With many destinations in Monte Carlo located along the coast, hiring a water taxi can be a fun and convenient way to get around. Plus, it offers a chance to take in the sights and enjoy the beautiful Mediterranean weather.

For a more practical and cost-effective option, public transportation is readily available in Monte Carlo. The city has an efficient bus system that runs throughout the day, making it easy to reach all the major attractions. Another transportation option is renting a bicycle. Monte Carlo has many bike rental shops, and the compact size of the city makes it easy to explore on two wheels. This is a great way to stay active while taking in the sights and sounds of Monte Carlo at your own pace.

One-way Ticket, Local Transport
2.43 $
Monthly Pass, Regular Price
48.52 $
Taxi Start, Normal Tariff
3.64 $
Taxi, price for 1 km, Normal Tariff
2.43 $
Taxi, price for 1 hour Waiting, Normal Tariff
48.52 $
Gasoline, 1 liter
2.61 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
27,899.92 $

Utilities Per Month prices

Utilities cost can be a bit expensive in Monte Carlo, Monaco for travelers, so it's important to plan accordingly. Although the cost of water, electricity, and gas may vary depending on the location and size of the accommodation, it's safe to say that they can be quite pricey. However, there are ways to save on these costs such as conserving water and electricity usage. Opting for a smaller space may also help since it requires less energy to heat or cool. It's important to research the typical utilities cost for the area and factor that into your travel budget.

Another thing to consider when visiting Monte Carlo is the cost of internet and cable. While some accommodations may include these services for free, others may charge an additional fee. It's important to communicate with your host or hotel to understand what's included and what's not so you're not surprised with a large bill at the end of your stay. Additionally, many local cafes and restaurants offer free Wi-Fi, so it's possible to save on these costs if you plan accordingly. By being mindful of utilities and communication costs, you can enjoy your stay in Monte Carlo without breaking the bank.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
237.55 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
60.65 $

Sports And Leisure prices

If you're looking for luxurious sports and leisure options, Monte Carlo is the place to be. Known for its glamorous lifestyle, this destination offers a variety of activities for the elite traveler. Head to the Monte Carlo Country Club for a game of tennis or a round of golf, and take in the stunning views of the Mediterranean Sea. You can also indulge in water sports such as sailing, jet skiing, and parasailing at Larvotto Beach. For those who prefer to stay on land, Monte Carlo has several parks and gardens where you can enjoy a leisurely stroll or a picnic with stunning views of the sea.

In addition to physical activities, Monte Carlo offers a plethora of leisure options. Take a stroll along the harbor and admire the luxurious yachts or visit the famous Casino de Monte-Carlo, where the rich and famous come to gamble. The casino also hosts several high-end events throughout the year, making Monte Carlo the ultimate destination for those who enjoy a bit of glamour and extravagance. With plenty of shopping opportunities and world-class restaurants, Monte Carlo is the perfect destination for those seeking a luxurious sports and leisure vacation.

Fitness Club, Monthly Fee for 1 Adult
202.18 $
Tennis Court Rent, 1 Hour on Weekend
72.78 $

Salaries And Financing prices

Monte Carlo may be renowned for its luxurious lifestyle, but visitors to this glamorous destination may be surprised to learn that it is also a tax haven. As such, it boasts some of the highest salaries in Europe. The city's residents enjoy a high standard of living, with the average income level being significantly higher than that of the neighboring regions.

When it comes to financing, Monte Carlo is home to numerous private banks and financial institutions, catering to the needs of the city's affluent residents and visitors. Those looking to open a bank account or avail of investment services will find a range of options to choose from, including multi-currency accounts and offshore investments. Furthermore, Monte Carlo is also an attractive destination for international businesses, with its favorable taxation policies and business-friendly environment.

Cinema ticket, 1 Seat
15.16 $
Average Monthly Net Salary, After Tax
3,699.77 $

Childcare prices

Childcare prices in Monte Carlo, Monaco can be quite high due to the luxurious standard of living and the premium quality of education provided. The schools and kindergartens in Monte Carlo are known for their exceptional facilities and experienced staff, ensuring that each child receives the best care and attention. Parents can rest assured that their children are in safe hands, with top-notch facilities such as playgrounds, sports fields, and state-of-the-art classrooms providing a nurturing environment for young learners. With such high standards, parents can expect to pay a premium for childcare in Monte Carlo.

Despite the higher prices for childcare in Monte Carlo, parents can be assured that they are investing in their child's future. The kindergartens and schools in Monte Carlo offer an excellent education that sets children up for success in their academic careers and beyond. Additionally, the staff at these institutions are highly qualified and dedicated to ensuring that each child reaches their full potential. With a focus on providing personalized attention, a Montessori approach, and a strong emphasis on developing the whole child, parents can be confident that their child will receive the best start to their education in Monte Carlo.

International Primary School, Yearly for 1 Child
48,521.60 $

Clothing And Shoes prices

Monte Carlo, Monaco is well-known for its luxury lifestyle and high fashion. When it comes to clothing and shoes, the price points are equally high. This city is filled with designer boutiques and upscale fashion houses, offering the latest styles and trends in high-end fashion. From Gucci to Chanel, Louis Vuitton to Dior, you can find it all in Monte Carlo. However, if you're looking for more affordable options, you can still find some beautiful pieces in stores like Zara and Mango.

Shopping in Monte Carlo for clothing and shoes is an experience unlike any other. You'll find some of the most exclusive designer brands in the world, with exquisite craftsmanship and attention to detail. Aside from the designer stores, there are also numerous shopping centers and department stores selling a wide range of items. Some of the best places to go shopping in Monte Carlo include the Metropole Shopping Center, the Fontvieille Shopping Center, and the Carre d'Or district. In any of these places, you're sure to find the perfect addition to your wardrobe, whether it's a simple dress or an elaborate ensemble.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
107.35 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
48.52 $
Pair of Running Shoes, Mid-Range Price
137.47 $
Pair of Leather Business Shoes
667.17 $

Rent Per Month prices

Monte Carlo, Monaco, offers a plethora of short rent and stay options for travelers seeking a luxurious Mediterranean vacation. From chic studios to lavish suites, Monte Carlo boasts some of the most opulent accommodations in the world. Whether you prefer beachfront properties or urban escapes, Monte Carlo's hotels and apartments cater to every type of traveler.

The prices for these luxurious accommodations fluctuate depending on the level of indulgence you desire. Some options may be budget-friendly, while others may be more exclusive. However, regardless of your budget, Monte Carlo possesses a plethora of accommodation options that cater to your travel needs. With its picturesque coastal scenery, upscale restaurants, and glamorous nightlife, Monte Carlo offers an unforgettable experience that accommodates travelers from all walks of life.

One bedroom apartment in city centre
6,368.46 $
One bedroom apartment outside of city centre
6,498.34 $
Three bedroom apartment in city centre
13,949.96 $
Three bedroom apartment outside of city centre
12,939.10 $

Buy Apartment prices

Monte Carlo, Monaco is known for its luxurious and extravagant lifestyle, which carries over into their real estate market. There are a variety of buying options available for those looking to invest in a property in the city, including apartments, townhouses, and villas. The properties are well maintained and vary in size, with some featuring picturesque views of the surrounding Mediterranean Sea.

Although the city is known for its high prices, there are a range of options available catering to various budgets. The demand for property in Monte Carlo is incredibly high due to its desirable location and reputation. As a result, some properties can sell for a premium price. However, with the right research and guidance, it is possible to find a property that meets your budget while still providing a luxurious feel that Monte Carlo is known for.

Price per m2 to Buy Apartment in City Center
121,304.00 $
Price per m2 to Buy Apartment Outside of City Center
84,912.80 $