Which place is cheaper, Monaco or Funchal?
These are the overall average travel costs for the two destinations.
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Should you visit Funchal or Monaco?
Which is cheaper to visit? Which is more expensive for vacation?
Should I visit Funchal or Monaco? This is a common question asked by many travelers. By figuring out which city has activities that align with your interests along with knowing which is more affordable, you'll understand where you can get more bang for your buck. So, let's dive into the details and the data, which all comes from actual travelers.
Where Should I go: Funchal or Monaco?
Funchal
Funchal is the capital city of the autonomous region of Madeira on the island of Madeira. The city is located to the south between the cities of Santa Cruz and Camara de Lobos. It is actually named for the fennel plant which grows liberally on the island. The city was most significant as a shipping center between the 15th and 17th centuries. Today it has a population of over 100,000 people and is, arguably, one of the most picturesque cities in Portugal. It's appeal as a tourist destination has made it the leading Portuguese port for cruise line dockings.
Monaco
Monaco is a small city-state that is completely surrounded by France. The Italian Riviera is only a few kilometers to the east and the country enjoys a wonderful, Mediterranean climate. Monaco is also the second smallest independent state in the world, with the Vatican being the smallest. It is six times as large of the Vatican and also the world's most densely populated independent country. It is entirely urban and a fun place to spend a few days.
For some great organized tour ideas, see The Best Tours for Seniors to Portugal, and The Best G Adventures Tours to Portugal.
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Average Daily Cost Per person, per dayFunchal €93Monaco €189
The average daily cost (per person) in Funchal is €93, while the average daily cost in Monaco is €189. These costs include accommodation (assuming double occupancy, so the traveler is sharing the room), food, transportation, and entertainment. While every person is different, these costs are an average of past travelers in each destination. What follows is a categorical breakdown of travel costs for Funchal and Monaco in more detail.
Accommodation
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Accommodation Hotel or hostel for one personFunchal €52Monaco €119
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Accommodation Typical double-occupancy roomFunchal €104Monaco €238
Compare Hotels in Funchal and Monaco
Looking for a hotel in Funchal or Monaco? Prices vary by location, date, season, and the level of luxury. See below for options and compare which is best for your budget and travel style.
Kayak helps you find the best prices for hotels, flights, and rental cars for destinations around the world. Compare prices for multiple destinations when planning your next trip.
Our Analysis
We've analyzed the average and typical hotel prices based on guest reviews, star ratings, and hotel amenities here: Funchal Hotel Prices.
Local Transportation
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Local Transportation Taxis, local buses, subway, etc.Funchal €9.94Monaco €17
Hired Cars and Shuttles in Funchal
Also for Funchal, here are a few examples of actual transportation services:
- Funchal Airport(FNC) to Funchal hotels - Arrival Private Transfer: $26
- Funchal Airport(FNC) to Madeira Island - Arrival Private Transfer: $51
- Funchal Private Transfers Service to Madeira Airport: $29
- Madeira Airport (FNC) Arrival Transfer (Airport to Funchal Hotels or Address): $54
- Madeira Airport (FNC) Departure Transfer (Funchal Hotels to Madeira Airport): $54
- Madeira Airport Private Transfers Service To Funchal: $33
- Madeira Airport Round Trip Shuttle Transfers Service: $49
- Madeira Airport Shuttle Transfer one way: $9.81
- Madeira Airport Transfers Round Trip (FNC): $65
- Madeira Island Transfers: $53
- Madeira airport transfer for up to 8 people: $49
- Minibus Transfer: Funchal - Madeira Airport: $38
Hired Cars and Shuttles in Monaco
Some specific examples of transportation prices in Monaco:
- Port Hercule (Monte Carlo Monaco Port): Transfer to Monaco: $228
- Private Transfer from Monaco to Nice: $192
- Private Transfer from Monaco to Nice: $171
- Private Transfer from Nice to Monaco: $150
- Private Transfer from Nice to Monaco: $123
Is it cheaper to fly into Funchal or Monaco?
Prices for flights to both Monaco and Funchal change regularly based on dates and travel demand. We suggest you find the best prices for your next trip on Kayak, because you can compare the cost of flights across multiple airlines for your prefered dates.
Food
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Food Meals for one dayFunchal €31Monaco €53
Typical Food Prices in Funchal
Here are some examples of typical meal expenses from previous travelers to Funchal:
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Coffee€1.40
Food Tours and Cooking Classes in Funchal
For Funchal, here are some samples of tours and activities related to meals and dining experiences:
- Private Walking Food Tour Around Funchal: $31
- Madeira Nights Tour - Dinner and Show: $41
- Sunset Tour to Pico do Arieiro with Dinner and Drinks included: $76
- Gourmet Wine & Food Tour: $112
- Gourmet Wine & Food Tour: $112
Entertainment
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Entertainment Entrance tickets, shows, etc.Funchal €15Monaco €23
Tours and Activities in Funchal
Also, here are some specific examples of entertainment, tickets, and activities for Funchal.
- Portugal eSIM Tourist Data Plan: $4.81
- Sacred Art Museum of Funchal Entry Ticket: $11
- Old Funchal Walking Tour: $15
- Scenic Route - Nuns Valley Tour: $25
- Funchal Hop-On Hop-Off Tour 3 in 1: $27
- Christmas Lights in Funchal Tuk Tuk Tour: $27
- São Vicente Caves and Volcano Center Half-Day Tour: $27
- Majestic West Tour : $31
- Amazing East Tour : $31
- Magnificent East Tour: $33
- Exorbitant West Tour: $33
- Santana / Typical Houses Tour: $33
Typical Entertainment Prices in Monaco
Here are a few typical costs in Monaco for activities, ticket prices, and tours that come from previous visitors:
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Grand Prix for Two€101
Tours and Activities in Monaco
Here are a few actual costs in Monaco for available activities, ticket prices, and tours:
- Excursion to Eze and Half Day Shared Tour 5h: $70
- Eze and Full Day Shared Tour: $102
- From Nice: Eze, Monaco and Monte Carlo Half Day Tour: $70
- From Nice: French Riviera Full Day Tour: $118
- From Nice: Full-Day Monaco, Monte-Carlo & Eze Tour: $64
- From Nice: Italian Riviera, Monaco, & Monte Carlo Tour: $722
- Guided tour of Monaco in 2 hours: $34
- Italian Riviera & Monaco/ Monte-Carlo Sightseeing Tour: $722
- Jewels of Monaco – Walking Tour for Couples: $469
- La Condamine: City Highlights Walking Tour: $373
- Monaco & Monte-Carlo: Guided Hidden Gems Tour: $74
- Monaco City Exploration Game and Tour: $6.42
Alcohol
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Alcohol Drinks for one dayFunchal €16Monaco €26
Sample the Local Flavors in Funchal
Also in Funchal, these are the prices for nightlife and alcohol related activities from various tour providers:
- Skywalk and 4x4 Adventure with Amazing Views and Wine Tasting: $49
- Half day jeep Wine tour and tasting, & sea cliff adventure: $53
- Bestselling Wine Tour, Tasting Experience & Skywalk 4x4 Adventure: $53
- Wine tasting and Jeep Adventure in Madeira's Majestic Countryside: $56
- Pub Crawl: $59
- Shore Excursion: Private Madeira Tour & Wine Tasting: $86
- Amazing Skywalk, Wine Tasting & 4x4 Adventure + Dolphin Watching: $97
- Guided Toboggan Ride and Madeira Wine Tasting Tour: $98
- Tuk Tuk Wine Tour - Madeira Island: $102
- Weekends Madeira Wine Tasting São Vicente: $109
- Wine Tour by Overland Madeira: $150
- Visiting local Vineyard With Wine Tasting & Lunch included: $158
Sample the Local Flavors in Monaco
Also in Monaco, these are the prices for nightlife and alcohol related activities from various tour providers:
- Nice: Wine Tasting Class in City Center: $73
When we compare the travel costs of actual travelers between Funchal and Monaco, we can see that Monaco is more expensive. And not only is Funchal much less expensive, but it is actually a significantly cheaper destination. So, traveling to Funchal would let you spend less money overall. Or, you could decide to spend more money in Funchal and be able to afford a more luxurious travel style by staying in nicer hotels, eating at more expensive restaurants, taking tours, and experiencing more activities. The same level of travel in Monaco would naturally cost you much more money, so you would probably want to keep your budget a little tighter in Monaco than you might in Funchal.
If you're trying to decide if either of these two destinations are within your price range, also see Is Funchal Expensive? and Is Monaco Expensive?.
Which is Bigger, Funchal or Monaco?
Funchal has a larger population, and is about 100 times larger than the population of Monaco. When comparing the sizes of Funchal and Monaco, keep in mind that a larger population does not always imply the destination has more attractions or better activities. So, always research the type of place that you want to visit along with the activities and attractions that interest you.
Budget Your Trip is all about finding out how much everything costs so that you can travel cheaper and longer. Created by avid travelers Laurie and Bryan, our goal is to help you plan your next trip on the right budget. With average daily travel costs that are calculated from the budgets of real travelers, plus an analysis of hotel and tour prices, you can find out how much money you need to plan your next adventure. We also have plenty of travel advice, accommodation reviews, and activity suggestions.