Published: Monday, 21th October 2024
The cost of living in India is 6.80 times less expensive as compared to Monaco.
On this page, you will find side-by-side cost comparison between India and Monaco. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between India and Monaco.
We always try to give you the latest data, but sometimes mistakes might occur. If you think some content on our site is not updated, please let us know by emailing us at: info.comparedoo@gmail.com
 Indicators  | India  | Monaco  |
|---|---|---|
1 BHK Apartment in City Center  | 30,000 INR (360 USD) | 3,500 EUR (3,892.35 USD) |
2 BHK Apartment in City Center  | 50,000 INR (600 USD) | 6,000 EUR (6,672.60 USD) |
3 BHK Apartment in City Center  | 75,000 INR (900 USD) | 9,000 EUR (10,008.90 USD) |
1 BHK Apartment outside City Center  | 15,000 INR (180 USD) | 2,500 EUR (2,780.25 USD) |
2 BHK Apartment outside City Center  | 25,000 INR (300 USD) | 4,000 EUR (4,448.40 USD) |
3 BHK Apartment outside City Center  | 40,000 INR (480 USD) | 6,000 EUR (6,672.60 USD) |
Mortgage Rates Per Month  | 8 % | 1.5 % |
Realtor Commission  | 1 % | 5 % |
Property Taxes  | 0.2 to 1.0 % | Yet to Update |
The average housing cost in India is 11.95 times less expensive than Monaco.
Indicators | India | Monaco |
|---|---|---|
Basic Home Furnishing  | 50,000 INR (600 USD) | 20,000 EUR (22,242 USD) |
Electricity Cost Per Month  | 1,500 INR (18 USD) | 100 EUR (111.21 USD) |
Heating Cost Per Month  | 1,000 INR (12 USD) | 150 EUR (166.82 USD) |
Cooling Cost Per Month  | 1,500 INR (18 USD) | 80 EUR (88.97 USD) |
Water Supply Cost Per Month  | 500 INR (6 USD) | 50 EUR (55.61 USD) |
If you lived in India, instead of Monaco, you would have to pay 97.11% less for Utilities.
The basic home furnishing in India costs 37.07 times less compared to Monaco.
Indicators | India | Monaco |
|---|---|---|
Standard Wifi Cost Per Month  | 1,000 INR (12 USD) | 60 EUR (66.73 USD) |
Mobile Phone Basic Plan Cost Per Month  | 500 INR (6 USD) | 40 EUR (44.48 USD) |
Landline Basic Plan Cost Per Month  | 300 INR (3.60 USD) | 30 EUR (33.36 USD) |
Cable TV Basic Plan Cost Per Month  | 500 INR (6 USD) | 80 EUR (88.97 USD) |
The internet and communication costs 88.18% less in India compared to Monaco.
Indicators | India | Monaco |
|---|---|---|
Long Grain Rice (1 KG)  | 60 INR (0.72 USD) | 3 EUR (3.34 USD) |
Milk (1 Liter)  | 50 INR (0.60 USD) | 1.50 EUR (1.67 USD) |
Water (1 Liter)  | 20 INR (0.24 USD) | 1 EUR (1.11 USD) |
Bread (500 gm)  | 30 INR (0.36 USD) | 2 EUR (2.22 USD) |
Eggs (1 Dozen)  | 80 INR (0.96 USD) | 3.50 EUR (3.89 USD) |
Cheese (1 KG)  | 300 INR (3.60 USD) | 8 EUR (8.90 USD) |
Chicken Breast (1 KG)  | 250 INR (3 USD) | 10 EUR (11.12 USD) |
In India, the cost of 1 Liter Water and 1 Liter Milk is 3.31 times less expensive than the cost in Monaco.
If you lived in India, instead of Monaco, you would have to pay 70.61% less for Groceries.
Indicators | India | Monaco |
|---|---|---|
Apples (1 KG)  | 150 INR (1.80 USD) | 3 EUR (3.34 USD) |
Bananas (1 KG)  | 60 INR (0.72 USD) | 2.50 EUR (2.78 USD) |
Oranges (1 KG)  | 80 INR (0.96 USD) | 3 EUR (3.34 USD) |
Tomatoes (1 KG)  | 50 INR (0.60 USD) | 3 EUR (3.34 USD) |
Potatoes (1 KG)  | 30 INR (0.36 USD) | 2 EUR (2.22 USD) |
Lemons (1 KG)  | 100 INR (1.20 USD) | 3.50 EUR (3.89 USD) |
Onions (1 KG)  | 40 INR (0.48 USD) | 2 EUR (2.22 USD) |
Lentils (1 KG)  | 80 INR (0.96 USD) | 3.50 EUR (3.89 USD) |
If you lived in India, instead of Monaco, you would have to pay 3.53 times less for Fruits and Vegetables.
Indicators | India | Monaco |
|---|---|---|
Meal at a Resonable Restaurant  | 500 INR (6 USD) | 20 EUR (22.24 USD) |
Three-Course Meal for Two  | 1,500 INR (18 USD) | 80 EUR (88.97 USD) |
Fast Food Combo Meal  | 200 INR (2.40 USD) | 8 EUR (8.90 USD) |
Normal Coffee  | 100 INR (1.20 USD) | 3 EUR (3.34 USD) |
Soft Drink  | 50 INR (0.60 USD) | 2.50 EUR (2.78 USD) |
Pizza for One  | 500 INR (6 USD) | 15 EUR (16.68 USD) |
Take-Out Delivery Meal  | 300 INR (3.60 USD) | 15 EUR (16.68 USD) |
Cigarette Pack of 20  | 200 INR (2.40 USD) | 7 EUR (7.78 USD) |
Dining-Out costs 75.98% less in India compared to Monaco.
Indicators | India | Monaco |
|---|---|---|
Wine Mid-Range Bottle  | 1,500 INR (18 USD) | 10 EUR (11.12 USD) |
Glass of Wine  | 400 INR (4.80 USD) | 5 EUR (5.56 USD) |
Domestic Beer Half Liter  | 100 INR (1.20 USD) | 3 EUR (3.34 USD) |
Imported Beer Half Liter  | 150 INR (1.80 USD) | 4 EUR (4.45 USD) |
Domestic Alcohol 1 Liter  | 500 INR (6 USD) | 10 EUR (11.12 USD) |
Branded Alcohol 1 Liter  | 1,000 INR (12 USD) | 30 EUR (33.36 USD) |
If you lived in India, instead of Monaco, you would have to pay 1.57 times less for usual hard drinks.
Indicators | India | Monaco |
|---|---|---|
Monthly Public Transportation Pass  | 2,000 INR (24 USD) | 30 EUR (33.36 USD) |
Single Public Transportation Ticket  | 50 INR (0.60 USD) | 1 EUR (1.11 USD) |
Single Train Ticket  | 1,500 INR (18 USD) | Yet to Update () |
Domestic Airplane Ticket  | 5,000 INR (60 USD) | 50 EUR (55.61 USD) |
Taxi Start Fare  | 50 INR (0.60 USD) | 10 EUR (11.12 USD) |
Taxi Rate Per Kilometer  | 20 INR (0.24 USD) | 2 EUR (2.22 USD) |
Car Rental Per Day  | 1,000 INR (12 USD) | 70 EUR (77.85 USD) |
Parking Fees in City Center Per Hour  | 50 INR (0.60 USD) | 10 EUR (11.12 USD) |
Parking Fees outside City Center Per Hour  | 30 INR (0.36 USD) | 5 EUR (5.56 USD) |
If you lived in India, instead of Monaco, you would have to pay 1.70 times less for transportation.
Indicators | India | Monaco |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 1,500,000 INR (18,000 USD) | 20,000 EUR (22,242 USD) |
Vehicle Registration Cost  | 5,000 INR (60 USD) | 500 EUR (556.05 USD) |
Driving License Fees  | 500 INR (6 USD) | 150 EUR (166.82 USD) |
Car Insurance Cost  | 20,000 INR (240 USD) | 1,000 EUR (1,112.10 USD) |
Car Maintenance Cost  | 5,000 INR (60 USD) | 500 EUR (556.05 USD) |
Car Loan Interest Rates  | 10 % | 5 % |
Fuel Per Liter  | 100 INR (1.20 USD) | 1.70 EUR (1.89 USD) |
Fuel Per Gallon  | 400 INR (4.80 USD) | 7 EUR (7.78 USD) |
Average Toll Fees  | 100 INR 1.20 USD | Yet to Update |
You would have to pay 1.34 times less for Vehicle purchase, daily operation and maintenance in India compared to that of Monaco.
Indicators | India | Monaco |
|---|---|---|
Doctor Visit  | 500 INR (6 USD) | 150 EUR (166.82 USD) |
Specialist Visit  | 1,000 INR (12 USD) | 250 EUR (278.03 USD) |
Dentist Visit  | 800 INR (9.60 USD) | 200 EUR (222.42 USD) |
Eye Exam  | 300 INR (3.60 USD) | 100 EUR (111.21 USD) |
Mental Health Counseling  | 1,000 INR (12 USD) | 150 EUR (166.82 USD) |
Preventive Health Screening  | 500 INR (6 USD) | 100 EUR (111.21 USD) |
Physical Therapy  | 500 INR (6 USD) | 100 EUR (111.21 USD) |
Emergency Room Visit  | 1,000 INR (12 USD) | 500 EUR (556.05 USD) |
Hospital Stay Per Night  | 2,000 INR (24 USD) | 800 EUR (889.68 USD) |
Vaccinations  | 300 INR (3.60 USD) | 50 EUR (55.61 USD) |
Prescription Medication  | 200 INR (2.40 USD) | 50 EUR (55.61 USD) |
Over the Counter Medication  | 100 INR (1.20 USD) | 20 EUR (22.24 USD) |
Health Insurance Premiums  | 2,000 INR (24 USD) | 300 EUR (333.63 USD) |
Health Insurance Deductibles  | 500 INR (6 USD) | 200 EUR (222.42 USD) |
If you lived in India, instead of Monaco, you would have to pay 25.72 times less for Health and Medical Treatment.
Indicators | India | Monaco |
|---|---|---|
Cosmetic Procedures  | 5,000 INR (60 USD) | 1,000 EUR (1,112.10 USD) |
Spa Treatment  | 2,000 INR (24 USD) | 200 EUR (222.42 USD) |
Manicure Pedicure Cost  | 500 INR (6 USD) | 50 EUR (55.61 USD) |
Optical Glasses Cost  | 1,000 INR (12 USD) | 150 EUR (166.82 USD) |
Contact Lenses Cost  | 500 INR (6 USD) | 50 EUR (55.61 USD) |
Haircuts  | 300 INR (3.60 USD) | 25 EUR (27.80 USD) |
Hair Coloring  | 800 INR (9.60 USD) | 100 EUR (111.21 USD) |
Shampoo Price  | 100 INR (1.20 USD) | 5 EUR (5.56 USD) |
Toothpaste Price  | 50 INR (0.60 USD) | 3 EUR (3.34 USD) |
If you lived in India, instead of Monaco, you would have to pay 14.31 times less for Personal Care Items and Treatment.
Indicators | India | Monaco |
|---|---|---|
Pair of Nike Running Shoes  | 3,000 INR (36 USD) | 120 EUR (133.45 USD) |
Men's Shirt  | 1,000 INR (12 USD) | 60 EUR (66.73 USD) |
Women's Dress  | 2,000 INR (24 USD) | 80 EUR (88.97 USD) |
Summer Dress  | 1,000 INR (12 USD) | 60 EUR (66.73 USD) |
Men's Suit  | 8,000 INR (96 USD) | 300 EUR (333.63 USD) |
Men's Jeans  | 1,500 INR (18 USD) | 80 EUR (88.97 USD) |
Women's Jeans  | 1,200 INR (14.40 USD) | 80 EUR (88.97 USD) |
Men's Formal Shoes  | 1,500 INR (18 USD) | 120 EUR (133.45 USD) |
Women's Formal Shoes  | 1,200 INR (14.40 USD) | 120 EUR (133.45 USD) |
Men's Casual Shoes  | 1,000 INR (12 USD) | 80 EUR (88.97 USD) |
Women's Casual Shoes  | 800 INR (9.60 USD) | 80 EUR (88.97 USD) |
Underwear For Men  | 200 INR (2.40 USD) | 10 EUR (11.12 USD) |
Underwear For Women  | 250 INR (3 USD) | 15 EUR (16.68 USD) |
Socks For Men  | 50 INR (0.60 USD) | 5 EUR (5.56 USD) |
Socks For Women  | 70 INR (0.84 USD) | 5 EUR (5.56 USD) |
Wintercoat for Adults  | 1,500 INR (18 USD) | 150 EUR (166.82 USD) |
Sportswear  | 1,200 INR (14.40 USD) | 80 EUR (88.97 USD) |
If you lived in India, instead of Monaco, you would have to pay 5.26 times less for Clothing and Footwear for Adults.
Indicators | India | Monaco |
|---|---|---|
Children's Jeans  | 500 INR (6 USD) | 50 EUR (55.61 USD) |
Children's Normal Sneakers  | 800 INR (9.60 USD) | 60 EUR (66.73 USD) |
Children's Winter Coat  | 1,000 INR (12 USD) | 80 EUR (88.97 USD) |
Daycare for Infant  | 10,000 INR (120 USD) | 1,000 EUR (1,112.10 USD) |
Daycare for Toddler  | 8,000 INR (96 USD) | 800 EUR (889.68 USD) |
Childcare for Sick Days  | 500 INR (6 USD) | 100 EUR (111.21 USD) |
Early Childhood Education Programs  | 3,000 INR (36 USD) | 500 EUR (556.05 USD) |
Extra Curricular Activities  | 1,000 INR (12 USD) | 200 EUR (222.42 USD) |
Summer Camp for Kids  | 4,000 INR (48 USD) | 800 EUR (889.68 USD) |
If you lived in India, instead of Monaco, you would have to pay 11.55 times less for Childcare and kids clothing.
Indicators | India | Monaco |
|---|---|---|
PreSchool Fees  | 15,000 INR (180 USD) | 1,500 EUR (1,668.15 USD) |
Primary School Fees  | 20,000 INR (240 USD) | 2,000 EUR (2,224.20 USD) |
Secondary School Fees  | 30,000 INR (360 USD) | 3,000 EUR (3,336.30 USD) |
Private School Fees  | 40,000 INR (480 USD) | 5,000 EUR (5,560.50 USD) |
University Tuition Fees  | 100,000 INR (1,200 USD) | 20,000 EUR (22,242 USD) |
University Private Tuition Fees  | 150,000 INR (1,800 USD) | 40,000 EUR (44,484 USD) |
After School Activities  | 2,000 INR (24 USD) | 200 EUR (222.42 USD) |
Special Education Services  | 3,500 INR (42 USD) | 400 EUR (444.84 USD) |
Tutoring  | 2,000 INR (24 USD) | 100 EUR (111.21 USD) |
Textbooks Cost  | 1,500 INR (18 USD) | 50 EUR (55.61 USD) |
School Supplies  | 1,000 INR (12 USD) | 30 EUR (33.36 USD) |
If you lived in India, instead of Monaco, you would have to pay 18.35 times less for school and education.
Indicators | India | Monaco |
|---|---|---|
Movie Ticket (Single)  | 200 INR (2.40 USD) | 15 EUR (16.68 USD) |
Theater Ticket (Single)  | 500 INR (6 USD) | 50 EUR (55.61 USD) |
Concert Ticket (Single)  | 800 INR (9.60 USD) | 60 EUR (66.73 USD) |
Sports Event Ticket (Single)  | 600 INR (7.20 USD) | 50 EUR (55.61 USD) |
Gym Membership  | 1,000 INR (12 USD) | 60 EUR (66.73 USD) |
Swimming Pool Access  | 800 INR (9.60 USD) | 40 EUR (44.48 USD) |
Museum Entry Ticket  | 200 INR (2.40 USD) | 10 EUR (11.12 USD) |
Zoo Entry Ticket  | 300 INR (3.60 USD) | 20 EUR (22.24 USD) |
Amusement Park Entry Ticket  | 500 INR (6 USD) | 30 EUR (33.36 USD) |
Bowling  | 200 INR (2.40 USD) | 20 EUR (22.24 USD) |
Mini Golf  | 300 INR (3.60 USD) | 15 EUR (16.68 USD) |
Video Games  | 2,000 INR (24 USD) | 40 EUR (44.48 USD) |
Streaming Services  | 500 INR (6 USD) | 15 EUR (16.68 USD) |
Outdoor Equipment Rental  | 500 INR (6 USD) | 30 EUR (33.36 USD) |
Theme Park Annual Pass  | 15,000 INR (180 USD) | 500 EUR (556.05 USD) |
If you lived in India, instead of Monaco, you would have to pay 3.78 times less for entertainment, recreation and fun activities.
Indicators | India | Monaco |
|---|---|---|
Language Classes  | 2,500 INR (30 USD) | 300 EUR (333.63 USD) |
Parenting Classes  | 2,000 INR (24 USD) | 150 EUR (166.82 USD) |
Art Classes  | 600 INR (7.20 USD) | 30 EUR (33.36 USD) |
Fitness Classes  | 1,000 INR (12 USD) | 20 EUR (22.24 USD) |
Music Lessons  | 800 INR (9.60 USD) | 50 EUR (55.61 USD) |
Dance Lessons  | 800 INR (9.60 USD) | 50 EUR (55.61 USD) |
Reading Materials for Classes  | 500 INR (6 USD) | 10 EUR (11.12 USD) |
Educational Software  | 1,000 INR (12 USD) | 150 EUR (166.82 USD) |
If you lived in India, instead of Monaco, you would have to pay 7.66 times less for Private Classes.
Indicators | India | Monaco |
|---|---|---|
Average Gross Monthly Salary  | 50,000 INR (600 USD) | 5,000 EUR (5,560.50 USD) |
Average Net Monthly Salary  | 35,000 INR (420 USD) | 3,500 EUR (3,892.35 USD) |
Minimum Wages  | 500 INR per hour (6 USD) | 66.67 EUR per hour (74.14 USD) |
Average Bonus  | 10,000 INR (120 USD) | 5,000 EUR (5,560.50 USD) |
Income Tax Rate  | 0 to 28 % | 0 to 20 % |
Social Security Contributions  | 12 % | Yet to Update |
Pension Contributions  | 10 % | Yet to Update |
Cost of Living Index  | 50 | 12 |
Median Household Income  | 40,000 INR (480 USD) | 7,000 EUR (7,784.70 USD) |
If you lived in India, you would earn 14.07 times less salary as compared to Monaco.
Indicators | India | Monaco |
|---|---|---|
Legal Consultation Per Hour Rate  | 2,000 INR (24 USD) | 300 EUR (333.63 USD) |
Accounting Services Per Hour Rate  | 1,500 INR (18 USD) | 250 EUR (278.03 USD) |
IT Support Services Per Hour Rate  | 1,000 INR (12 USD) | 200 EUR (222.42 USD) |
Technician Services Per Hour Rate  | 800 INR (9.60 USD) | 150 EUR (166.82 USD) |
Professional Services cost 15.74 times less in India, as compared to Monaco.
We hope you enjoyed the detailed guide on the cost of living comparsion between India and Monaco.
For more side-by-side comparsion between Countries, States and Cities, you can use the search box above or click the links below.
The Comparedoo.com family sincerely appreciates your time with us. We look forward to seeing you on our other pages.
