Published: Monday, 21th October 2024
The cost of living in Monaco is 5.00 times more expensive as compared to Malawi.
On this page, you will find side-by-side cost comparison between Monaco and Malawi. 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 Monaco and Malawi.
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 | Monaco | Malawi |
---|---|---|
1 BHK Apartment in City Center | 3,500 EUR (3,892.35 USD) | 400,000 MWK (356 USD) |
2 BHK Apartment in City Center | 6,000 EUR (6,672.60 USD) | 700,000 MWK (623 USD) |
3 BHK Apartment in City Center | 9,000 EUR (10,008.90 USD) | 1,200,000 MWK (1,068 USD) |
1 BHK Apartment outside City Center | 2,500 EUR (2,780.25 USD) | 150,000 MWK (133.50 USD) |
2 BHK Apartment outside City Center | 4,000 EUR (4,448.40 USD) | 300,000 MWK (267 USD) |
3 BHK Apartment outside City Center | 6,000 EUR (6,672.60 USD) | 500,000 MWK (445 USD) |
Mortgage Rates Per Month | 1.5 % | 1.5 % |
Realtor Commission | 5 % | 3 % |
Property Taxes | Yet to Update | Yet to Update |
The average housing cost in Monaco is 11.47 times more expensive than Malawi.
Indicators | Monaco | Malawi |
---|---|---|
Basic Home Furnishing | 20,000 EUR (22,242 USD) | 2,000,000 MWK (1,780 USD) |
Electricity Cost Per Month | 100 EUR (111.21 USD) | 40,000 MWK (35.60 USD) |
Heating Cost Per Month | 150 EUR (166.82 USD) | 20,000 MWK (17.80 USD) |
Cooling Cost Per Month | 80 EUR (88.97 USD) | 15,000 MWK (13.35 USD) |
Water Supply Cost Per Month | 50 EUR (55.61 USD) | 15,000 MWK (13.35 USD) |
If you lived in Monaco, instead of Malawi, you would have to pay 1118.46% more for Utilities.
The basic home furnishing in Monaco costs 12.50 times more compared to Malawi.
Indicators | Monaco | Malawi |
---|---|---|
Standard Wifi Cost Per Month | 60 EUR (66.73 USD) | 25,000 MWK (22.25 USD) |
Mobile Phone Basic Plan Cost Per Month | 40 EUR (44.48 USD) | 15,000 MWK (13.35 USD) |
Landline Basic Plan Cost Per Month | 30 EUR (33.36 USD) | 10,000 MWK (8.90 USD) |
Cable TV Basic Plan Cost Per Month | 80 EUR (88.97 USD) | 20,000 MWK (17.80 USD) |
The internet and communication costs 274.87% more in Monaco compared to Malawi.
Indicators | Monaco | Malawi |
---|---|---|
Long Grain Rice (1 KG) | 3 EUR (3.34 USD) | 3,000 MWK (2.67 USD) |
Milk (1 Liter) | 1.50 EUR (1.67 USD) | 1,500 MWK (1.33 USD) |
Water (1 Liter) | 1 EUR (1.11 USD) | 1,000 MWK (0.89 USD) |
Bread (500 gm) | 2 EUR (2.22 USD) | 1,000 MWK (0.89 USD) |
Eggs (1 Dozen) | 3.50 EUR (3.89 USD) | 2,000 MWK (1.78 USD) |
Cheese (1 KG) | 8 EUR (8.90 USD) | 12,000 MWK (10.68 USD) |
Chicken Breast (1 KG) | 10 EUR (11.12 USD) | 10,000 MWK (8.90 USD) |
In Monaco, the cost of 1 Liter Water and 1 Liter Milk is 1.25 times more expensive than the cost in Malawi.
If you lived in Monaco, instead of Malawi, you would have to pay 18.81% more for Groceries.
Indicators | Monaco | Malawi |
---|---|---|
Apples (1 KG) | 3 EUR (3.34 USD) | 4,000 MWK (3.56 USD) |
Bananas (1 KG) | 2.50 EUR (2.78 USD) | 2,500 MWK (2.23 USD) |
Oranges (1 KG) | 3 EUR (3.34 USD) | 3,000 MWK (2.67 USD) |
Tomatoes (1 KG) | 3 EUR (3.34 USD) | 2,500 MWK (2.23 USD) |
Potatoes (1 KG) | 2 EUR (2.22 USD) | 2,000 MWK (1.78 USD) |
Lemons (1 KG) | 3.50 EUR (3.89 USD) | 3,500 MWK (3.11 USD) |
Onions (1 KG) | 2 EUR (2.22 USD) | 2,500 MWK (2.23 USD) |
Lentils (1 KG) | 3.50 EUR (3.89 USD) | 3,500 MWK (3.11 USD) |
If you lived in Monaco, instead of Malawi, you would have to pay 1.20 times more for Fruits and Vegetables.
Indicators | Monaco | Malawi |
---|---|---|
Meal at a Resonable Restaurant | 20 EUR (22.24 USD) | 10,000 MWK (8.90 USD) |
Three-Course Meal for Two | 80 EUR (88.97 USD) | 35,000 MWK (31.15 USD) |
Fast Food Combo Meal | 8 EUR (8.90 USD) | 8,000 MWK (7.12 USD) |
Normal Coffee | 3 EUR (3.34 USD) | 1,500 MWK (1.33 USD) |
Soft Drink | 2.50 EUR (2.78 USD) | 1,000 MWK (0.89 USD) |
Pizza for One | 15 EUR (16.68 USD) | 15,000 MWK (13.35 USD) |
Take-Out Delivery Meal | 15 EUR (16.68 USD) | 20,000 MWK (17.80 USD) |
Cigarette Pack of 20 | 7 EUR (7.78 USD) | 6,000 MWK (5.34 USD) |
Dining-Out costs 94.88% more in Monaco compared to Malawi.
Indicators | Monaco | Malawi |
---|---|---|
Wine Mid-Range Bottle | 10 EUR (11.12 USD) | 15,000 MWK (13.35 USD) |
Glass of Wine | 5 EUR (5.56 USD) | 5,000 MWK (4.45 USD) |
Domestic Beer Half Liter | 3 EUR (3.34 USD) | 2,000 MWK (1.78 USD) |
Imported Beer Half Liter | 4 EUR (4.45 USD) | 3,000 MWK (2.67 USD) |
Domestic Alcohol 1 Liter | 10 EUR (11.12 USD) | 20,000 MWK (17.80 USD) |
Branded Alcohol 1 Liter | 30 EUR (33.36 USD) | 30,000 MWK (26.70 USD) |
If you lived in Monaco, instead of Malawi, you would have to pay 1.03 times more for usual hard drinks.
Indicators | Monaco | Malawi |
---|---|---|
Monthly Public Transportation Pass | 30 EUR (33.36 USD) | 30,000 MWK (26.70 USD) |
Single Public Transportation Ticket | 1 EUR (1.11 USD) | 500 MWK (0.44 USD) |
Single Train Ticket | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket | 50 EUR (55.61 USD) | 200,000 MWK (178 USD) |
Taxi Start Fare | 10 EUR (11.12 USD) | 1,500 MWK (1.33 USD) |
Taxi Rate Per Kilometer | 2 EUR (2.22 USD) | 800 MWK (0.71 USD) |
Car Rental Per Day | 70 EUR (77.85 USD) | 50,000 MWK (44.50 USD) |
Parking Fees in City Center Per Hour | 10 EUR (11.12 USD) | 1,000 MWK (0.89 USD) |
Parking Fees outside City Center Per Hour | 5 EUR (5.56 USD) | 500 MWK (0.44 USD) |
If you lived in Monaco, instead of Malawi, you would have to pay 1.28 times less for transportation.
Indicators | Monaco | Malawi |
---|---|---|
Reasonable Vehicle Purchase Cost | 20,000 EUR (22,242 USD) | 30,000,000 MWK (26,700 USD) |
Vehicle Registration Cost | 500 EUR (556.05 USD) | 100,000 MWK (89 USD) |
Driving License Fees | 150 EUR (166.82 USD) | 50,000 MWK (44.50 USD) |
Car Insurance Cost | 1,000 EUR (1,112.10 USD) | 200,000 MWK (178 USD) |
Car Maintenance Cost | 500 EUR (556.05 USD) | 100,000 MWK (89 USD) |
Car Loan Interest Rates | 5 % | 15 % |
Fuel Per Liter | 1.70 EUR (1.89 USD) | 1,500 MWK (1.33 USD) |
Fuel Per Gallon | 7 EUR (7.78 USD) | 6,000 MWK (5.34 USD) |
Average Toll Fees | Yet to Update | Yet to Update |
You would have to pay 1.10 times less for Vehicle purchase, daily operation and maintenance in Monaco compared to that of Malawi.
Indicators | Monaco | Malawi |
---|---|---|
Doctor Visit | 150 EUR (166.82 USD) | 30,000 MWK (26.70 USD) |
Specialist Visit | 250 EUR (278.03 USD) | 60,000 MWK (53.40 USD) |
Dentist Visit | 200 EUR (222.42 USD) | 40,000 MWK (35.60 USD) |
Eye Exam | 100 EUR (111.21 USD) | 20,000 MWK (17.80 USD) |
Mental Health Counseling | 150 EUR (166.82 USD) | 50,000 MWK (44.50 USD) |
Preventive Health Screening | 100 EUR (111.21 USD) | 25,000 MWK (22.25 USD) |
Physical Therapy | 100 EUR (111.21 USD) | 40,000 MWK (35.60 USD) |
Emergency Room Visit | 500 EUR (556.05 USD) | 100,000 MWK (89 USD) |
Hospital Stay Per Night | 800 EUR (889.68 USD) | 150,000 MWK (133.50 USD) |
Vaccinations | 50 EUR (55.61 USD) | 20,000 MWK (17.80 USD) |
Prescription Medication | 50 EUR (55.61 USD) | 10,000 MWK (8.90 USD) |
Over the Counter Medication | 20 EUR (22.24 USD) | 5,000 MWK (4.45 USD) |
Health Insurance Premiums | 300 EUR (333.63 USD) | 80,000 MWK (71.20 USD) |
Health Insurance Deductibles | 200 EUR (222.42 USD) | 20,000 MWK (17.80 USD) |
If you lived in Monaco, instead of Malawi, you would have to pay 5.71 times more for Health and Medical Treatment.
Indicators | Monaco | Malawi |
---|---|---|
Cosmetic Procedures | 1,000 EUR (1,112.10 USD) | 700,000 MWK (623 USD) |
Spa Treatment | 200 EUR (222.42 USD) | 50,000 MWK (44.50 USD) |
Manicure Pedicure Cost | 50 EUR (55.61 USD) | 30,000 MWK (26.70 USD) |
Optical Glasses Cost | 150 EUR (166.82 USD) | 100,000 MWK (89 USD) |
Contact Lenses Cost | 50 EUR (55.61 USD) | 70,000 MWK (62.30 USD) |
Haircuts | 25 EUR (27.80 USD) | 15,000 MWK (13.35 USD) |
Hair Coloring | 100 EUR (111.21 USD) | 30,000 MWK (26.70 USD) |
Shampoo Price | 5 EUR (5.56 USD) | 2,500 MWK (2.23 USD) |
Toothpaste Price | 3 EUR (3.34 USD) | 1,000 MWK (0.89 USD) |
If you lived in Monaco, instead of Malawi, you would have to pay 1.98 times more for Personal Care Items and Treatment.
Indicators | Monaco | Malawi |
---|---|---|
Pair of Nike Running Shoes | 120 EUR (133.45 USD) | 100,000 MWK (89 USD) |
Men's Shirt | 60 EUR (66.73 USD) | 50,000 MWK (44.50 USD) |
Women's Dress | 80 EUR (88.97 USD) | 80,000 MWK (71.20 USD) |
Summer Dress | 60 EUR (66.73 USD) | 50,000 MWK (44.50 USD) |
Men's Suit | 300 EUR (333.63 USD) | 250,000 MWK (222.50 USD) |
Men's Jeans | 80 EUR (88.97 USD) | 60,000 MWK (53.40 USD) |
Women's Jeans | 80 EUR (88.97 USD) | 50,000 MWK (44.50 USD) |
Men's Formal Shoes | 120 EUR (133.45 USD) | 90,000 MWK (80.10 USD) |
Women's Formal Shoes | 120 EUR (133.45 USD) | 80,000 MWK (71.20 USD) |
Men's Casual Shoes | 80 EUR (88.97 USD) | 70,000 MWK (62.30 USD) |
Women's Casual Shoes | 80 EUR (88.97 USD) | 60,000 MWK (53.40 USD) |
Underwear For Men | 10 EUR (11.12 USD) | 15,000 MWK (13.35 USD) |
Underwear For Women | 15 EUR (16.68 USD) | 20,000 MWK (17.80 USD) |
Socks For Men | 5 EUR (5.56 USD) | 5,000 MWK (4.45 USD) |
Socks For Women | 5 EUR (5.56 USD) | 5,000 MWK (4.45 USD) |
Wintercoat for Adults | 150 EUR (166.82 USD) | 100,000 MWK (89 USD) |
Sportswear | 80 EUR (88.97 USD) | 60,000 MWK (53.40 USD) |
If you lived in Monaco, instead of Malawi, you would have to pay 1.58 times more for Clothing and Footwear for Adults.
Indicators | Monaco | Malawi |
---|---|---|
Children's Jeans | 50 EUR (55.61 USD) | 30,000 MWK (26.70 USD) |
Children's Normal Sneakers | 60 EUR (66.73 USD) | 40,000 MWK (35.60 USD) |
Children's Winter Coat | 80 EUR (88.97 USD) | 60,000 MWK (53.40 USD) |
Daycare for Infant | 1,000 EUR (1,112.10 USD) | 70,000 MWK (62.30 USD) |
Daycare for Toddler | 800 EUR (889.68 USD) | 60,000 MWK (53.40 USD) |
Childcare for Sick Days | 100 EUR (111.21 USD) | 20,000 MWK (17.80 USD) |
Early Childhood Education Programs | 500 EUR (556.05 USD) | 50,000 MWK (44.50 USD) |
Extra Curricular Activities | 200 EUR (222.42 USD) | 25,000 MWK (22.25 USD) |
Summer Camp for Kids | 800 EUR (889.68 USD) | 100,000 MWK (89 USD) |
If you lived in Monaco, instead of Malawi, you would have to pay 9.86 times more for Childcare and kids clothing.
Indicators | Monaco | Malawi |
---|---|---|
PreSchool Fees | 1,500 EUR (1,668.15 USD) | 90,000 MWK (80.10 USD) |
Primary School Fees | 2,000 EUR (2,224.20 USD) | 200,000 MWK (178 USD) |
Secondary School Fees | 3,000 EUR (3,336.30 USD) | 300,000 MWK (267 USD) |
Private School Fees | 5,000 EUR (5,560.50 USD) | 600,000 MWK (534 USD) |
University Tuition Fees | 20,000 EUR (22,242 USD) | 1,200,000 MWK (1,068 USD) |
University Private Tuition Fees | 40,000 EUR (44,484 USD) | 1,500,000 MWK (1,335 USD) |
After School Activities | 200 EUR (222.42 USD) | 25,000 MWK (22.25 USD) |
Special Education Services | 400 EUR (444.84 USD) | 50,000 MWK (44.50 USD) |
Tutoring | 100 EUR (111.21 USD) | 20,000 MWK (17.80 USD) |
Textbooks Cost | 50 EUR (55.61 USD) | 25,000 MWK (22.25 USD) |
School Supplies | 30 EUR (33.36 USD) | 15,000 MWK (13.35 USD) |
If you lived in Monaco, instead of Malawi, you would have to pay 22.44 times more for school and education.
Indicators | Monaco | Malawi |
---|---|---|
Movie Ticket (Single) | 15 EUR (16.68 USD) | 2,000 MWK (1.78 USD) |
Theater Ticket (Single) | 50 EUR (55.61 USD) | 5,000 MWK (4.45 USD) |
Concert Ticket (Single) | 60 EUR (66.73 USD) | 10,000 MWK (8.90 USD) |
Sports Event Ticket (Single) | 50 EUR (55.61 USD) | 15,000 MWK (13.35 USD) |
Gym Membership | 60 EUR (66.73 USD) | 30,000 MWK (26.70 USD) |
Swimming Pool Access | 40 EUR (44.48 USD) | 10,000 MWK (8.90 USD) |
Museum Entry Ticket | 10 EUR (11.12 USD) | 2,000 MWK (1.78 USD) |
Zoo Entry Ticket | 20 EUR (22.24 USD) | 3,000 MWK (2.67 USD) |
Amusement Park Entry Ticket | 30 EUR (33.36 USD) | 10,000 MWK (8.90 USD) |
Bowling | 20 EUR (22.24 USD) | 15,000 MWK (13.35 USD) |
Mini Golf | 15 EUR (16.68 USD) | 10,000 MWK (8.90 USD) |
Video Games | 40 EUR (44.48 USD) | 60,000 MWK (53.40 USD) |
Streaming Services | 15 EUR (16.68 USD) | 15,000 MWK (13.35 USD) |
Outdoor Equipment Rental | 30 EUR (33.36 USD) | 10,000 MWK (8.90 USD) |
Theme Park Annual Pass | 500 EUR (556.05 USD) | 150,000 MWK (133.50 USD) |
If you lived in Monaco, instead of Malawi, you would have to pay 3.44 times more for entertainment, recreation and fun activities.
Indicators | Monaco | Malawi |
---|---|---|
Language Classes | 300 EUR (333.63 USD) | 30,000 MWK (26.70 USD) |
Parenting Classes | 150 EUR (166.82 USD) | 20,000 MWK (17.80 USD) |
Art Classes | 30 EUR (33.36 USD) | 35,000 MWK (31.15 USD) |
Fitness Classes | 20 EUR (22.24 USD) | 20,000 MWK (17.80 USD) |
Music Lessons | 50 EUR (55.61 USD) | 30,000 MWK (26.70 USD) |
Dance Lessons | 50 EUR (55.61 USD) | 25,000 MWK (22.25 USD) |
Reading Materials for Classes | 10 EUR (11.12 USD) | 5,000 MWK (4.45 USD) |
Educational Software | 150 EUR (166.82 USD) | 50,000 MWK (44.50 USD) |
If you lived in Monaco, instead of Malawi, you would have to pay 4.42 times more for Private Classes.
Indicators | Monaco | Malawi |
---|---|---|
Average Gross Monthly Salary | 5,000 EUR (5,560.50 USD) | 300,000 MWK (267 USD) |
Average Net Monthly Salary | 3,500 EUR (3,892.35 USD) | 200,000 MWK (178 USD) |
Minimum Wages | 66.67 EUR per hour (74.14 USD) | 1,666.67 MWK per hour (1.48 USD) |
Average Bonus | 5,000 EUR (5,560.50 USD) | 20,000 MWK (17.80 USD) |
Income Tax Rate | 0 to 20 % | 0 to 16.5 % |
Social Security Contributions | Yet to Update | 5 % |
Pension Contributions | Yet to Update | 10 % |
Cost of Living Index | 12 | 45 |
Median Household Income | 7,000 EUR (7,784.70 USD) | 250,000 MWK (222.50 USD) |
If you lived in Monaco, you would earn 33.30 times more salary as compared to Malawi.
Indicators | Monaco | Malawi |
---|---|---|
Legal Consultation Per Hour Rate | 300 EUR (333.63 USD) | 50,000 MWK (44.50 USD) |
Accounting Services Per Hour Rate | 250 EUR (278.03 USD) | 60,000 MWK (53.40 USD) |
IT Support Services Per Hour Rate | 200 EUR (222.42 USD) | 40,000 MWK (35.60 USD) |
Technician Services Per Hour Rate | 150 EUR (166.82 USD) | 45,000 MWK (40.05 USD) |
Professional Services cost 5.77 times more in Monaco, as compared to Malawi.
We hope you enjoyed the detailed guide on the cost of living comparsion between Monaco and Malawi.
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.