Cost of Living in Monaco vs Latvia comparison
Monaco
Explore Monaco, a captivating country with a population of 38,350. Embrace a comfortable lifestyle with an average cost of living at $7207 and a median after-tax salary of $4509.31. Enjoy dining at diverse restaurants for $187, shop for essentials at bustling markets with an average of $105, and entrust your childcare needs to facilities costing approximately $29129annually. Keep your wardrobe fresh with a clothing budget of $617and secure a lovely home for $41545per month. Monaco also offers an attractive average salary of $4509.31. Immerse yourself in the beauty of Monaco, where rich culture meets affordability.
Latvia
Discover Latvia, a captivating country with a population of 1,909,000. Experience a comfortable way of life, where the average cost of living stands at $1474, and the median after-tax salary amounts to $875.36. Savor the culinary delights of Latvia at various restaurants for an average of $62, explore bustling markets with essentials priced at around $52, and entrust your childcare needs to facilities costing approximately $15119annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $1635per month. Latvia also boasts an appealing average salary of $875.36. Immerse yourself in the beauty of Latvia, where affordability and cultural richness converge.
|
Restaurants |
Monaco |
Latvia |
Difference |
|---|---|---|---|
|
Meal, Inexpensive Restaurant |
28.65 $ | 9.07 $ | 215 % |
|
Meal for 2 People, Mid-range Restaurant, Three-course |
119.38 $ | 38.2 $ | 212 % |
|
McMeal at McDonalds (or Equivalent Combo Meal) |
9.55 $ | 5.73 $ | 66 % |
|
Domestic Beer (1 pint draught) |
6.87 $ | 2.87 $ | 139 % |
|
Imported Beer (12 oz small bottle) |
8.31 $ | 2.24 $ | 270 % |
|
Cappuccino (regular) |
3.98 $ | 2.41 $ | 65 % |
|
Coke/Pepsi (12 oz small bottle) |
5.18 $ | 1.13 $ | 358 % |
|
Water (12 oz small bottle) |
5.81 $ | 1.03 $ | 464 % |
|
Markets |
Monaco |
Latvia |
Difference |
|---|---|---|---|
|
Milk (regular), (1 gallon) |
2.15 $ | 1.1 $ | 95 % |
|
Loaf of Fresh White Bread (1 lb) |
2.63 $ | 1.0 $ | 163 % |
|
Rice (white), (1 lb) |
2.75 $ | 1.99 $ | 38 % |
|
Eggs (regular) (12) |
2.84 $ | 2.08 $ | 36 % |
|
Local Cheese (1 lb) |
18.62 $ | 8.09 $ | 130 % |
|
Chicken Fillets (1 lb) |
10.74 $ | 6.13 $ | 75 % |
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
17.51 $ | 9.14 $ | 91 % |
|
Apples (1 lb) |
2.39 $ | 1.11 $ | 115 % |
|
Banana (1 lb) |
4.46 $ | 1.4 $ | 218 % |
|
Oranges (1 lb) |
2.51 $ | 1.68 $ | 49 % |
|
Tomato (1 lb) |
3.22 $ | 2.47 $ | 30 % |
|
Potato (1 lb) |
2.51 $ | 0.72 $ | 248 % |
|
Onion (1 lb) |
2.55 $ | 0.58 $ | 339 % |
|
Lettuce (1 head) |
1.91 $ | 1.19 $ | 60 % |
|
Water (1.5 liter bottle) |
2.59 $ | 0.66 $ | 292 % |
|
Bottle of Wine (Mid-Range) |
11.46 $ | 6.69 $ | 71 % |
|
Domestic Beer (0.5 liter bottle) |
1.91 $ | 1.29 $ | 48 % |
|
Imported Beer (12 oz small bottle) |
3.1 $ | 1.5 $ | 106 % |
|
Cigarettes 20 Pack (Marlboro) |
9.55 $ | 4.01 $ | 138 % |
|
Transportation |
Monaco |
Latvia |
Difference |
|---|---|---|---|
|
One-way Ticket (Local Transport) |
1.91 $ | 1.1 $ | 73 % |
|
Monthly Pass (Regular Price) |
47.75 $ | 47.75 $ | -- |
|
Taxi Start (Normal Tariff) |
2.87 $ | 1.91 $ | 50 % |
|
Taxi 1 mile (Normal Tariff) |
-- | 0.67 $ | -- |
|
Taxi 1hour Waiting (Normal Tariff) |
57.3 $ | 9.55 $ | 500 % |
|
Gasoline (1 gallon) |
1.96 $ | 1.77 $ | 10 % |
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
23876.86 $ | 20584.72 $ | 15 % |
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
24195.21 $ | 19420.6 $ | 24 % |
|
Utilities (Monthly) |
Monaco |
Latvia |
Difference |
|---|---|---|---|
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
199.49 $ | 229.48 $ | -13 % |
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
0.03 $ | 0.1 $ | -70 % |
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
52.29 $ | 14.8 $ | 253 % |
|
Sports And Leisure |
Monaco |
Latvia |
Difference |
|---|---|---|---|
|
Fitness Club, Monthly Fee for 1 Adult |
399.94 $ | 34.1 $ | 1072 % |
|
Tennis Court Rent (1 Hour on Weekend) |
19.1 $ | 20.04 $ | -4 % |
|
Cinema, International Release, 1 Seat |
11.46 $ | 7.64 $ | 50 % |
|
Childcare |
Monaco |
Latvia |
Difference |
|---|---|---|---|
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
2387.69 $ | 313.94 $ | 660 % |
|
International Primary School, Yearly for 1 Child |
26742.08 $ | 14805.32 $ | 80 % |
|
Clothing And Shoes |
Monaco |
Latvia |
Difference |
|---|---|---|---|
|
1 Pair of Jeans (Levis 501 Or Similar) |
93.12 $ | 55.16 $ | 68 % |
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
32.47 $ | 36.95 $ | -12 % |
|
1 Pair of Nike Running Shoes (Mid-Range) |
117.0 $ | 62.53 $ | 87 % |
|
1 Pair of Men Leather Business Shoes |
375.03 $ | 94.06 $ | 298 % |
|
Rent Per Month |
Monaco |
Latvia |
Difference |
|---|---|---|---|
|
Apartment (1 bedroom) in City Centre |
4982.3 $ | 342.65 $ | 1354 % |
|
Apartment (1 bedroom) Outside of Centre |
3354.1 $ | 249.96 $ | 1241 % |
|
Apartment (3 bedrooms) in City Centre |
23467.54 $ | 610.57 $ | 3743 % |
|
Apartment (3 bedrooms) Outside of Centre |
9741.76 $ | 432.51 $ | 2152 % |
|
Buy Apartment Price |
Monaco |
Latvia |
Difference |
|---|---|---|---|
|
Price per Square Feet to Buy Apartment in City Centre |
76405.94 $ | 1694.13 $ | 4410 % |
|
Price per Square Feet to Buy Apartment Outside of Centre |
51454.63 $ | 1070.72 $ | 4705 % |
|
Salaries And Financing |
Monaco |
Latvia |
Difference |
|---|---|---|---|
|
Average Monthly Net Salary (After Tax) |
4509.31 $ | 875.36 $ | 415 % |
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
1.88 % | 2.54 % | -25 % |