Cost of Living in Izmir vs Monaco City

Cost of living in Izmir is 51% lower than in Monaco City (without rent).

Rent in Izmir is 93% cheaper than in Monaco City.

Cost of living including rent in Izmir is 88% lower than in Monaco City.

Food in Izmir is 58% cheaper than in Monaco City.

Transport in Izmir is 32% more expensive than in Monaco City.

Izmir vs. Monaco City Comparision

Izmir Monaco City
Cost of Living, including rent
892 $
7,469 $
Without Rent
461 $
945 $
Rent & Utilities
431 $
6,524 $
Food
282 $
676 $
Transport
75 $
57 $
Monthly Salary, after tax
706 $
6,658 $
Quality of Life
68
79
Population
3.0M
38.4K

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Izmir Monaco City

Restaurants

Lunch menu,
inexpensive restaurant
8.74 $ 21.7 $
Dinner, for 2 29.2 $ 79.3 $
Fast food, McDonalds or KFC 7.25 $ 12.9 $
Beer, 0.5 L or 16 fl oz 2.48 $ 8.89 $
Capuccino 2.52 $ 5.78 $
Coke, 330ml 1.14 $ 4.85 $

Markets

Milk, 1 L or 1 qt 1.04 $ 1.95 $
Bread, 0.5 kg or 1 lb 0.97 $ 5.43 $
Rice, 1 kg or 2 lb 1.84 $ 3.87 $
Eggs, 12 pack 1.68 $ 3.72 $
Cheese, 1 kg or 2 lb 9.83 $ 16.6 $
Chicken Breast, 1 kg or 2 lb 5.87 $ 11 $
Round Steak, 1 kg or 2 lb 19.1 $ 13.3 $
Apples, 1 kg or 2 lb 0.9 $ 2.6 $
Banana, 1 kg or 2 lb 1.94 $ 2.77 $
Oranges, 1 kg or 2 lb 0.94 $ 2.8 $
Potatoes, 1 kg or 2 lb 0.59 $ 2.15 $
Onions, 1 kg or 2 lb 0.55 $ 3.34 $
Water, 1 L or 1 qt 0.29 $ 1 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 1.32 $ 3.77 $
Wine, 750 mL bottle 8.8 $ 9.56 $
Beer, 0.5 L or 16 fl oz 1.99 $ 1.84 $
Cigarette pack 1.91 $ 13.9 $

Transport

Local transport ticket, One-way Ticket 0.44 $ 2.24 $
Monthly pass, Monthly Ticket 17.7 $ 24.7 $
Gas or petrol, 1 L or 0.26 gal 1.21 $ 2.36 $
Taxi, 8 km 6.05 $ 21.1 $

Personal Care

Doctor visit, private clinic 63.2 $ 86.5 $
Cold medicine, for 1 week 3.23 $ 17.3 $
Hair shampoo, 400 ml or 12 oz 2.59 $ 11 $
Toilet paper, 4 rolls 0.39 $ 3.35 $
Toothpaste, 1 tube 2.28 $ 5.95 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
38.7 $ 195 $
Utility bill - family,
electricity, heating, water & garbage
59.3 $ 302 $
Internet plan,
+60 Mbps
11.8 $ 63.8 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 344 $ 5,954 $
3 Bedroom Apartment, outside of center, 85 sq.m 625 $ 7,789 $
1 Bedroom Apartment, in city center, 40 sq.m 526 $ 7,511 $
3 Bedroom Apartment, in city center, 85 sq.m 911 $ 6,493 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 1,878 $ 85,921 $
Price per Square Meter to Buy House, in suburbs 1,054 $ 71,911 $

Salaries and Financing

Average Monthly Net Salary, after tax 706 $ 6,658 $
Mortgage Interest Rate, for 20 years fixed-rate 29.09 % 2.89 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 41.2 $ 84.3 $
Cinema, 1 seat 5.13 $ 13.4 $
Haircut 9.56 $ 37.4 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 106 $ 191 $
Brand Jeans, Levis 501 45.1 $ 103 $

Childcare

Preschool, full day, monthly for 1 child 392 $ 2,156 $
International Primary School, yearly for 1 child 9,132 $ 36,628 $