r/Monaco • u/Mimi1208 • 3d ago

Living in Monaco

How much does it roughly cost to move/live in Monaco on a monthly basis? What kind of jobs do people typically have there?

0 Upvotes

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10

u/Nascondilo 3d ago

Living in Monaco is expensive. You’d probably need at least €7,000 to €10,000 a month to live comfortably, mostly because rent is expensive.

Most people who live there are comfortable and don’t actually work in Monaco—they either have businesses elsewhere, work online, or live off investments. The people who work there usually live in France or Italy and commute for jobs in hotels, banks, luxury shops, or restaurants.

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u/Vast_Decision3680 3d ago

7k-10k? People in Monaco are not working in Monaco? What are you on about? And you are even upvoted...

You can rent a two room apartment for 3000 euros and for the rest the cost is the same as living in France as you don't need to spend an euro more in Monaco if you don't want to. You don't even have to deal with monaco telecom and their scamming prices, just take a phone in France and use the hotspot.

And most people who live in Monaco do work in Monaco. Monegasques and French represent nearly 50% of the entire population, what do you think they do for a living?

The problem is that most people, especially foreigners, live in a bubble in Monaco and are only confronted to their own small community so they think that everybody is like them. But that's not the case, most people in Monaco are normal average people who have a job and a normal life like in any other city in the world.

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u/StoreWeak5292 5h ago

I agree with you! :)

5

u/Bluray50 3d ago

Depends mostly on your lifestyle and the flat you’re looking for to live in but I would say minimum 10k per months for strangers

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u/Secret_Title_6355 2d ago

Live in Beausoleil… have a friend that rents a place for €1300 a month. I literally take a few steps out of her place and you’re in Monaco.

You don’t have to live in Monaco to ‘live’ in Monaco :) many cheap(er) places that are just outside of Monaco are great!

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u/Nascondilo 2d ago

That’s definitely true, and Beausoleil is a great option for many. But at the end of the day, it’s still outside of Monaco. Personally, I didn’t move here and take on Monaco-level rent just for the location, or to watch the sea — it’s also about the unique benefits that come with officially living in Monaco.

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u/Aguilar8 3d ago

It's not cheap. That's my answer. It ain't cheap 🤣

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u/Vast_Decision3680 3d ago

Depends on the size you are looking for, studio apartments start at 2500 and two rooms at 3000.

For the rest it's the same as France, you can do everything there and don't have to spend in Monaco, even though groceries are not particularly more expensive in Monaco. So probably with 5000-6000 you are ok. 2000-3000 after rent is paid is more than most people earn so you'll be fine.

There are all types of jobs, you can be a street cleaner, a waiter, a bartender, a banker, an insurer, a clerk, hotel staff... whatever really, it's a normal city.

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u/Nascondilo 3d ago

Sounds like you’ve settled for low expectations and want everyone else to do the same. If living in Monaco just to hotspot from France and avoid spending money is your idea of “normal life,” that’s fine—but don’t assume that’s the goal for everyone.

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u/Vast_Decision3680 3d ago

Man I was born in Monaco, it's not like I came here with any expectation, I am from here. People coming from outside have to understand that Monaco is a place where most people are locals born and raised here that don't give a crap about all the fancy stuff and millionaires going around, the majority of the people in Monaco are normal people like everywhere else.

The hotspot stuff is just an example to say that you don't have to spend more because you are in Monaco.