Capital city, Monaco
Cost of living in Monaco
How much a month costs in Monaco
For one person, including rent. A comfortable month costs about $5,060–7,880 (€4,500–7,000).
Prices in Monaco
Typical 2026 ranges in EUR, rounded. US$ at the 03 Oct 2026 exchange rate.
| Item | EUR | US$ |
|---|---|---|
| Housing | ||
| 1-bedroom apartment, center (month) | €2,500–5,000 | $2,810–5,630 |
| 1-bedroom apartment, outside center (month) | €1,400–2,500 | $1,580–2,810 |
| Mid-range hotel room (night) | €220–500 | $248–563 |
| Food and drink | ||
| Local meal or street food | €12–18 | $14–20 |
| Mid-range restaurant, per person | €35–70 | $39–79 |
| Cappuccino | €4–7 | $4.5–7.9 |
| Local beer, 0.5 l in a bar | €7–11 | $7.9–12.4 |
| Getting around | ||
| Public transport, one ride | €2 | $2.3 |
| Ride-hailing or taxi, about 5 km | €15–30 | $17–34 |
| Work and life | ||
| Gym membership (month) | €60–120 | $68–135 |
| Mobile data, 20–50 GB (month) | €15–30 | $17–34 |
Value for money: 2/100
A value score of 2/100 means Monaco gives more quality of life per dollar than 1% of the 1,319 places we cover. Quality here scores 87/100.
| Quality factor | Score |
|---|---|
| Safety | |
| Air quality | |
| Healthcare | |
| Weather | |
| Friendly locals | |
| English |
Cheaper alternatives to Monaco
Similar safety, lower cost, in Europe.
| Place | Country | Comfortable month |
|---|---|---|
| Sibiu | Romania | $1,160–1,690 |
| Santiago de Compostela | Spain | $1,580–2,250 |
| Toledo | Spain | $1,690–2,360 |
| Córdoba | Spain | $1,690–2,360 |
| Coimbra | Portugal | $1,800–2,590 |
Quick answers
How much money do you need per month in Monaco?
About $2,810–3,940 on a lean budget, $5,060–7,880 for a comfortable month and $11,250–22,500 for a luxury one, rent included.
How much is rent in Monaco?
A furnished 1-bedroom apartment costs €2,500–5,000 ($2,810–5,630) a month in the center and €1,400–2,500 ($1,580–2,810) outside it.
How much does food cost in Monaco?
A local meal is €12–18 ($14–20); a mid-range restaurant is €35–70 ($39–79) per person.
More about Monaco
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Sources
- ExchangeRate-API open rates
- World Bank: PPP conversion factor
- Visit Monaco
- Monaco buses (CAM)
- Centre Hospitalier Princesse Grace
Prices are SoloSquare estimates for 2026, reviewed against official and operator prices where available. Compiled and reviewed by SoloSquare. How we compile and score this. Spotted something out of date? Tell us.