Cost of Living in Monaco, Monaco
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 260 sunny days a year.
Monaco Cost of Living Breakdown
🍽️ Dining
🛒 Groceries
🚌 Transportation
⚡ Utilities & Tech
🎬 Lifestyle
👔 Clothing
🏠 Housing
📊 Summary
Lifestyle & Quality of Life in Monaco
How Monaco Ranks Among 340 Cities
Of the 340 cities Voyica tracks, Monaco ranks in the top 1% for safety, but is the most expensive of them.
| Metric | Monaco | World rank | Rank in Europe |
|---|---|---|---|
| Monthly cost | $10,219 | #340 of 340 | #91 of 91 |
| Safety | 92/100 | #2 of 340 | #2 of 91 |
| Healthcare | 75/100 | #123 of 340 | #36 of 91 |
| Internet speed | 174 Mbps | #159 of 340 | #38 of 91 |
| Walkability | 78/100 | #37 of 340 | #27 of 91 |
| Public transit | 55/100 | #104 of 340 | #60 of 91 |
| Food scene | 88/100 | #40 of 340 | #15 of 91 |
| Air quality | 88/100 | #76 of 340 | #37 of 91 |
Rank 1 = most affordable, safest, and so on. Computed across every city in Voyica's dataset (June 2026 snapshot); ties share a rank.
Cheaper Alternatives to Monaco
Cities with a similar mix of safety, food, culture, walkability and climate that cost at least 15% less per month than Monaco.
- Porto, Portugal — $1,789/mo, 82% cheaper, safety 87/100
- Dubrovnik, Croatia — $1,700/mo, 83% cheaper, safety 84/100
- Dublin, Ireland — $3,393/mo, 67% cheaper, safety 86/100
- Zurich, Switzerland — $4,208/mo, 59% cheaper, safety 90/100
Monaco FAQ
How much does it cost to live in Monaco?
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 260 mostly sunny days a year and at least 1 mm of rain on about 59 days.
Visa Requirements for Monaco
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