Monaco, Monaco

Cost of Living in Monaco, Monaco

Quick answer: As of 2026, living in Monaco costs approximately $10,219 per month for one person, with city-centre one-bedroom rent averaging $9,619. Actual costs vary with lifestyle, neighborhood, and exchange rates.

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.

Top for CasinoLGBTQ+ friendlyFamily friendlySafe tap water
Monthly Cost$10,219≈ $341/day
1BR Rent (Centre)$9,619
Internet174 Mbps
Safety92/100
Avg Temp69°F

Monaco Cost of Living Breakdown

🍽️ Dining

Inexpensive Restaurant$20.61
Mid-Range Restaurant (2 People)$176.68
McDonald's Combo Meal$12.96
Cappuccino$3.89
Domestic Beer (Restaurant)$10.60
Bottled Water (Restaurant)$4.71

🛒 Groceries

Milk (1 Liter)$1.86
Bread (1 lb Loaf)$3.93
Eggs (12)$5.63
Chicken Fillets (1 lb)$7.90
Apples (1 lb)$1.22
Bananas (1 lb)$1.60
Tomatoes (1 lb)$1.65
Potatoes (1 lb)$1.15
Water (1.5L Bottle)$8.24
Wine (Mid-Range Bottle)$8.24
Cigarettes (Marlboro)$14.72

🚌 Transportation

One-Way Ticket$2.18
Monthly Transit Pass$25.91
Taxi (1 Mile)$2.65
Gasoline (1 Liter)$2.34
VW Golf (New)$50,856.89

⚡ Utilities & Tech

Basic Utilities (Monthly)$284.65
Mobile Phone Plan$48.29
Broadband Internet$67.14

🎬 Lifestyle

Gym Membership (Monthly)$566.84
Cinema Ticket$14.13
Preschool (Monthly)$2,296.82
Intl. Primary School (Annual)$46,967.02

👔 Clothing

Jeans (Levi's 501)$158.22
Nike Running Shoes$175.89

🏠 Housing

Rent 1BR (City Centre)$9,619.16
Rent 1BR (Outside Centre)$8,676.88
Rent 3BR (City Centre)$17,078.92
Rent 3BR (Outside Centre)$8,833.92
Buy Price/sqft (Centre)$6,620.25
Buy Price/sqft (Outside)$5,690.13

📊 Summary

Avg Monthly Net Salary$8,566.68
Mortgage Interest Rate3.25%
Family of 4 (Monthly, excl. rent)$5,508.50
Single Person (Monthly, excl. rent)$1,541.80

Cost data sourced from Numbeo.

Lifestyle & Quality of Life in Monaco

Internet174 Mbps
Safety92/100
Healthcare75/100
Public Transit55/100
Walkability78/100
Nightlife64/100
Food Scene88/100
Fine Dining88/100
Coffee Culture35/100
Air Quality88/100
Green Spaces55/100
Culture78/100
Beaches55/100
Hiking25/100
Surfing0/100
Coworking Spaces8
US Visa-Free90 days

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.

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

Add your passport to see whether you need a visa for Monaco and how to apply.