Cost of Living in Monaco vs Malawi comparison

$7,207

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.

$1,228

Malawi

Discover Malawi, a captivating country with a population of 18,622,104. Experience a comfortable way of life, where the average cost of living stands at $1228, and the median after-tax salary amounts to $367.18. Savor the culinary delights of Malawi at various restaurants for an average of $43, explore bustling markets with essentials priced at around $49, and entrust your childcare needs to facilities costing approximately $8174annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $1612per month. Malawi also boasts an appealing average salary of $367.18. Immerse yourself in the beauty of Malawi, where affordability and cultural richness converge.

restaurant
$ 187
Restaurants
restaurant
$ 43
Restaurants
store
$ 105
Markets
store
$ 49
Markets
child_friendly
$ 29,129
Childcare
child_friendly
$ 8,174
Childcare
checkroom
$ 617
Clothing
checkroom
$ 178
Clothing
night_shelter
$ 41,545
Rent Per Month
night_shelter
$ 1,612
Rent Per Month
account_balance_wallet
$ 4,509
Salaries
account_balance_wallet
$ 367
Salaries
Monaco VS Malawi
restaurant

Restaurants

Monaco

Malawi

Difference

Meal, Inexpensive Restaurant

28.65 $ 3.87 $ 640 %

Meal for 2 People, Mid-range Restaurant, Three-course

119.38 $ 29.06 $ 310 %

McMeal at McDonalds (or Equivalent Combo Meal)

9.55 $ 4.84 $ 97 %

Domestic Beer (1 pint draught)

6.87 $ 0.77 $ 792 %

Imported Beer (12 oz small bottle)

8.31 $ 1.74 $ 377 %

Cappuccino (regular)

3.98 $ 2.35 $ 69 %

Coke/Pepsi (12 oz small bottle)

5.18 $ 0.66 $ 684 %

Water (12 oz small bottle)

5.81 $ 0.38 $ 1428 %
store

Markets

Monaco

Malawi

Difference

Milk (regular), (1 gallon)

2.15 $ 0.82 $ 162 %

Loaf of Fresh White Bread (1 lb)

2.63 $ 0.62 $ 324 %

Rice (white), (1 lb)

2.75 $ 0.88 $ 212 %

Eggs (regular) (12)

2.84 $ 1.42 $ 100 %

Local Cheese (1 lb)

18.62 $ 17.44 $ 6 %

Chicken Fillets (1 lb)

10.74 $ 2.44 $ 340 %

Beef Round (1 lb) (or Equivalent Back Leg Red Meat)

17.51 $ 3.37 $ 419 %

Apples (1 lb)

2.39 $ 2.43 $ -1 %

Banana (1 lb)

4.46 $ 1.16 $ 284 %

Oranges (1 lb)

2.51 $ 2.01 $ 24 %

Tomato (1 lb)

3.22 $ 1.45 $ 122 %

Potato (1 lb)

2.51 $ 1.14 $ 120 %

Onion (1 lb)

2.55 $ 1.51 $ 68 %

Lettuce (1 head)

1.91 $ 0.36 $ 430 %

Water (1.5 liter bottle)

2.59 $ 0.6 $ 331 %

Bottle of Wine (Mid-Range)

11.46 $ 6.3 $ 81 %

Domestic Beer (0.5 liter bottle)

1.91 $ 0.86 $ 122 %

Imported Beer (12 oz small bottle)

3.1 $ 1.34 $ 131 %

Cigarettes 20 Pack (Marlboro)

9.55 $ 2.91 $ 228 %
commute

Transportation

Monaco

Malawi

Difference

One-way Ticket (Local Transport)

1.91 $ 0.48 $ 297 %

Monthly Pass (Regular Price)

47.75 $ 44.42 $ 7 %

Taxi Start (Normal Tariff)

2.87 $ 3.63 $ -20 %

Taxi 1 mile (Normal Tariff)

-- 0.34 $ --

Taxi 1hour Waiting (Normal Tariff)

57.3 $ 0.97 $ 5807 %

Gasoline (1 gallon)

1.96 $ 0.99 $ 97 %

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)

23876.86 $ 26639.49 $ -10 %

Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)

24195.21 $ 24863.52 $ -2 %
mark_as_unread

Utilities (Monthly)

Monaco

Malawi

Difference

Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment

199.49 $ 51.05 $ 290 %

1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)

0.03 $ 0.07 $ -57 %

Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)

52.29 $ 139.63 $ -62 %
kitesurfing

Sports And Leisure

Monaco

Malawi

Difference

Fitness Club, Monthly Fee for 1 Adult

399.94 $ 37.13 $ 977 %

Tennis Court Rent (1 Hour on Weekend)

19.1 $ 6.3 $ 203 %

Cinema, International Release, 1 Seat

11.46 $ 4.44 $ 158 %
child_friendly

Childcare

Monaco

Malawi

Difference

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child

2387.69 $ 222.8 $ 971 %

International Primary School, Yearly for 1 Child

26742.08 $ 7951.84 $ 236 %
checkroom

Clothing And Shoes

Monaco

Malawi

Difference

1 Pair of Jeans (Levis 501 Or Similar)

93.12 $ 35.03 $ 165 %

1 Summer Dress in a Chain Store (Zara, H&M, ...)

32.47 $ 20.1 $ 61 %

1 Pair of Nike Running Shoes (Mid-Range)

117.0 $ 61.34 $ 90 %

1 Pair of Men Leather Business Shoes

375.03 $ 62.47 $ 500 %
night_shelter

Rent Per Month

Monaco

Malawi

Difference

Apartment (1 bedroom) in City Centre

4982.3 $ 334.95 $ 1387 %

Apartment (1 bedroom) Outside of Centre

3354.1 $ 174.32 $ 1824 %

Apartment (3 bedrooms) in City Centre

23467.54 $ 615.41 $ 3713 %

Apartment (3 bedrooms) Outside of Centre

9741.76 $ 487.48 $ 1898 %
home

Buy Apartment Price

Monaco

Malawi

Difference

Price per Square Feet to Buy Apartment in City Centre

76405.94 $ 16145.87 $ 373 %

Price per Square Feet to Buy Apartment Outside of Centre

51454.63 $ 1162.45 $ 4326 %
account_balance_wallet

Salaries And Financing

Monaco

Malawi

Difference

Average Monthly Net Salary (After Tax)

4509.31 $ 367.18 $ 1128 %

Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate

1.88 % 20.67 % -90 %