Cost of Living in Palermo vs Monte Carlo

Cost of living in Palermo is 38% lower than in Monte Carlo (without rent).

Rent in Palermo is 91% cheaper than in Monte Carlo.

Cost of living including rent in Palermo is 83% lower than in Monte Carlo.

Food in Palermo is 46% cheaper than in Monte Carlo.

Transport in Palermo is 77% more expensive than in Monte Carlo.

Palermo vs. Monte Carlo Comparision

Palermo Monte Carlo
Cost of Living, including rent
1,211 $
7,107 $
Without Rent
672 $
1,092 $
Rent & Utilities
539 $
6,015 $
Food
434 $
805 $
Transport
114 $
64 $
Monthly Salary, after tax
1,406 $
6,601 $
Quality of Life
75
78
Population
630.0K
15.2K

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Palermo Monte Carlo

Restaurants

Lunch menu,
inexpensive restaurant
11.5 $ 21.9 $
Dinner, for 2 46.9 $ 118 $
Fast food, McDonalds or KFC 10 $ 10.3 $
Beer, 0.5 L or 16 fl oz 5.35 $ 10 $
Capuccino 1.93 $ 4.19 $
Coke, 330ml 2 $ 4.83 $

Markets

Milk, 1 L or 1 qt 1.3 $ 2.77 $
Bread, 0.5 kg or 1 lb 1.58 $ 5.03 $
Rice, 1 kg or 2 lb 2.08 $ 4.43 $
Eggs, 12 pack 3.18 $ 5.6 $
Cheese, 1 kg or 2 lb 11.8 $ 16.8 $
Chicken Breast, 1 kg or 2 lb 10.8 $ 18.6 $
Round Steak, 1 kg or 2 lb 16.7 $ 25.1 $
Apples, 1 kg or 2 lb 2.39 $ 5.99 $
Banana, 1 kg or 2 lb 2.39 $ 2.8 $
Oranges, 1 kg or 2 lb 2.62 $ 4.8 $
Potatoes, 1 kg or 2 lb 1.52 $ 2.15 $
Onions, 1 kg or 2 lb 1.18 $ 3.31 $
Water, 1 L or 1 qt 0.26 $ 1 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.5 $ 3.72 $
Wine, 750 mL bottle 7.93 $ 25.1 $
Beer, 0.5 L or 16 fl oz 2.5 $ 1.96 $
Cigarette pack 5.96 $ 11.3 $

Transport

Local transport ticket, One-way Ticket 1.56 $ 1.97 $
Monthly pass, Monthly Ticket 39 $ 37.4 $
Gas or petrol, 1 L or 0.26 gal 1.97 $ 2.4 $
Taxi, 8 km 18.6 $ 23.6 $

Personal Care

Doctor visit, private clinic 74 $ 86.4 $
Cold medicine, for 1 week 10.5 $ 17.6 $
Hair shampoo, 400 ml or 12 oz 3 $ 10.9 $
Toilet paper, 4 rolls 1.95 $ 3.37 $
Toothpaste, 1 tube 1.9 $ 5.95 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
113 $ 195 $
Utility bill - family,
electricity, heating, water & garbage
173 $ 303 $
Internet plan,
+60 Mbps
26.1 $ 119 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 361 $ 5,968 $
3 Bedroom Apartment, outside of center, 85 sq.m 680 $ 7,424 $
1 Bedroom Apartment, in city center, 40 sq.m 558 $ 4,636 $
3 Bedroom Apartment, in city center, 85 sq.m 869 $ 7,621 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 2,248 $ 65,450 $
Price per Square Meter to Buy House, in suburbs 1,066 $ 51,405 $

Salaries and Financing

Average Monthly Net Salary, after tax 1,406 $ 6,601 $
Mortgage Interest Rate, for 20 years fixed-rate 4.71 % 2.01 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 44.7 $ 83.9 $
Cinema, 1 seat 8.69 $ 17.7 $
Haircut 10.5 $ 37.7 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 90.5 $ 194 $
Brand Jeans, Levis 501 75.5 $ 103 $

Childcare

Preschool, full day, monthly for 1 child 314 $ 2,181 $
International Primary School, yearly for 1 child 7,103 $ 16,632 $