Quick answer: As of 2026, living in Monaco costs approximately $10,219 per month for one person including rent. That is 6.3× the $1,620 global median across the 340 cities in the Voyica Cost of Living Index 2026. Against its own region, where the median is $1,849, Monaco is on the more expensive side for Europe. A one-bedroom apartment in the city centre averages $9,619 per month, or $8,677 outside the centre. Housing therefore accounts for about 85% of a single person's total monthly cost here. A family of four should budget around $5,509 per month excluding rent. Day to day, an inexpensive restaurant meal runs about $20.61 and a monthly transit pass $26. For anyone weighing a longer stay, median internet speed is 174 Mbps and Monaco scores 92/100 on safety (very safe). Actual costs vary with lifestyle, neighbourhood, and exchange rates; figures come from crowd-sourced price data last refreshed June 2026. See the full Cost of Living Index →
Monaco is a city in Monaco, where a single person can expect to spend about $10,219 per month including rent, food, and local transport. A one-bedroom apartment in the city centre averages $9,619 per month, or $8,677 outside the centre. Internet is fast at around 174 Mbps median download speed. On safety, Monaco scores 92/100 — very safe for residents and visitors. Expect summer highs near 83°F and winter highs around 54°F, with roughly 339 sunny days a year.
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A single person should budget around $10,219 per month in Monaco, covering rent, groceries, transport, and basic lifestyle costs. A family of four typically needs about $5,509 per month excluding rent.
How much is rent in Monaco?
A one-bedroom apartment in central Monaco averages $9,619 per month, dropping to about $8,677 outside the centre. A three-bedroom in the centre runs about $17,079.
Is Monaco safe?
Monaco scores 92/100 on safety, which is very safe. Tourist safety is rated 95/100.
How fast is the internet in Monaco?
Median download speeds in Monaco are around 174 Mbps — fast for remote work and video calls. There are roughly 8 coworking spaces in the city.
Does Monaco offer a digital nomad visa?
Monaco does not currently offer a dedicated digital nomad visa. US passport holders can usually stay 90 days visa-free.
What is the weather like in Monaco?
Monaco sees summer highs around 83°F and winter highs near 54°F, with about 339 sunny days and 70 rainy days per year.
Visa Requirements for Monaco
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