Cost of living in Monaco, Europe
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How much money do I need to live comfortably in Monaco?

Country Europe Updated July 2026

The cache moderate benchmark for Monaco sits at $4,825 per person per month, but that figure assumes a notional mid-tier 1-bed flat that is rare on the open market in the principality itself. Realistic comfortable living in Monaco for a single adult more often runs €6,000 to €10,000 a month all-in, with housing the dominant line (€4,000 to €8,000+ for an open-market 1-bedroom). Daily goods carry a noticeable premium over surrounding France: a litre of milk at a supermarket runs €1.80 to €2.60, a 500ml bottle of Coke €2.50 to €4 at a kiosk and €4 to €7 at a cafe, a casual lunch €25 to €40, and a mid-range dinner €70 to €120. Couples comfortably budget €8,000 to €14,000 a month for the lifestyle most prospective residents are picturing. For the full breakdown, see our Monaco cost of living page.

About the author

Jo Berks

Jo Berks

Global Cost of Living Research & Data Analyst

Jo is an independent researcher with over a decade of experience delivering data, analysis, and structured reports across multiple industries. Her work focuses on sourcing and validating datasets to produce clear, usable insights. At CostLiving, she analyses global pricing data and identifies regional cost trends to support research-led content and comparative resources.

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