Monaco Travel Budget - Visit Monaco on a Budget or Travel in Style

How much does it cost to travel to Monaco?

You should plan to spend around $229 (€211) per day on your vacation in Monaco. This is the average daily price based on the expenses of other visitors.

Past travelers have spent, on average for one day:

  • $64 (€59) on meals
  • $22 (€20) on local transportation
  • $266 (€245) on hotels

A one week trip to Monaco for two people costs, on average, $3,211 (€2,954). This includes accommodation, food, local transportation, and sightseeing.

All of these average travel prices have been collected from other travelers to help you plan your own travel budget.

  • Average Daily Cost Per person, per day
  • One Week Per person
  • 2 Weeks Per person
  • One Month Per person
  • One Week For a couple
  • 2 Weeks For a couple
  • One Month For a couple
This data comes from the travel budgets of real travelers - How it works. Put these numbers on your website.

How much does a one week, two week, or one month trip to Monaco cost?

A one week trip to Monaco usually costs around $1,606 (€1,477) for one person and $3,211 (€2,954) for two people. This includes accommodation, food, local transportation, and sightseeing.

A two week trip to Monaco on average costs around $3,211 (€2,954) for one person and $6,422 (€5,908) for two people. This cost includes accommodation, food, local transportation, and sightseeing.

Please note, prices can vary based on your travel style, speed, and other variables. If you're traveling as a family of three or four people, the price per person often goes down because kid's tickets are cheaper and hotel rooms can be shared. If you travel slower over a longer period of time then your daily budget will also go down. Two people traveling together for one month in Monaco will often have a lower daily budget per person than one person traveling alone for one week.

A one month trip to Monaco on average costs around $6,881 (€6,330) for one person and $13,762 (€12,659) for two people. The more places you visit, the higher the daily price will become due to increased transportation costs.

How much do package tours cost in Monaco?

Organized tours are usually more expensive than independent travel, but offer convenience and peace of mind that your trip has been planned by a travel expert.

The average price for an organized tour package in Monaco is $360 per day. While every tour varies by total price, length, number of destinations, and quality, this is the daily average price based on our analysis of available guided tours.

Independent Travel

Traveling Independently has many benefits including affordabilty, freedom, flexibility, and the opportunity to control your own experiences.

All of the travel costs below are based on the experiences of other independent travelers.

Is Monaco expensive to visit?

Monaco is a moderately priced destination to visit. It's about average with most other countries for travel costs. The prices for food, accommodation, and transportation are all fairly reasonable.

Within Europe, which is known to be an expensive region, Monaco is somewhat more expensive compared to the other countries. It is in the top 25% of countries in Europe for its travel costs. While a few countries in the region are more expensive, Monaco is more expensive than most.

For more details, see Is Monaco Expensive?

How much money do I need for a trip to Monaco?

The average Monaco trip cost is broken down by category here for independent travelers. All of these Monaco travel prices are calculated from the budgets of real travelers.

Category Cost
Accommodation 1 (Double Occupancy) 245 ($266)
Local Transportation 1 20 ($22)
Food 2 59 ($64)
Entertainment 1 51 ($56)
Alcohol 2 30 - 91 ($33 - 99)
Accommodation Budget in Monaco
Average Daily Costs

Calculated from travelers like you

The average price paid for one person for accommodation in Monaco is $133 (€122). For two people sharing a typical double-occupancy hotel room, the average price paid for a hotel room in Monaco is $266 (€245). This cost is from the reported spending of actual travelers.

  • Accommodation1 Hotel or hostel for one person
  • Accommodation1 Typical double-occupancy room

Notice: Trying to access array offset on value of type null in /homepages/12/d310477359/htdocs/budgetreportadv.php on line 1919

Hotel Prices in Monaco

Looking for a hotel in Monaco? Prices vary by location, date, season, and the level of luxury. See below for options.

Find the best hotel for your travel style.

Kayak helps you find the best prices for hotels, flights, and rental cars for destinations around the world.

Local Transportation Budget in Monaco
Average Daily Costs

Calculated from travelers like you

  • The cost of a taxi ride in Monaco is significantly more than public transportation. On average, past travelers have spent $22 (€20) per person, per day, on local transportation in Monaco.

  • Local Transportation1 Taxis, local buses, subway, etc.

Recommended Services

Food Budget in Monaco
Average Daily Costs

Calculated from travelers like you

  • While meal prices in Monaco can vary, the average cost of food in Monaco is $64 (€59) per day. Based on the spending habits of previous travelers, when dining out an average meal in Monaco should cost around $26 (€23) per person. Breakfast prices are usually a little cheaper than lunch or dinner. The price of food in sit-down restaurants in Monaco is often higher than fast food prices or street food prices.

  • Food2 Meals for one day


Entertainment Budget in Monaco
Average Daily Costs

Calculated from travelers like you

  • Entertainment and activities in Monaco typically cost an average of $56 (€51) per person, per day based on the spending of previous travelers. This includes fees paid for admission tickets to museums and attractions, day tours, and other sightseeing expenses.

  • Entertainment1 Entrance tickets, shows, etc.

Recommended Activities

What did other people spend on Entertainment?

Typical prices for Entertainment in Monaco are listed below. These actual costs are from real travelers and can give you an idea of the Entertainment prices in Monaco, but your costs will vary based on your travel style.

  • Show Tickets
  • Grand Prix for Two

Alcohol Budget in Monaco
Average Daily Costs

Calculated from travelers like you

  • The average person spends about $66 (€61) on alcoholic beverages in Monaco per day. The more you spend on alcohol, the more fun you might be having despite your higher budget.

  • Alcohol2 Drinks for one day

Water Budget in Monaco
Average Daily Costs

Calculated from travelers like you

  • On average, people spend $3.64 (€3.34) on bottled water in Monaco per day. The public water in Monaco is considered safe to drink.

  • Water2 Bottled water for one day

Monaco On a Budget
Monaco 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.

Monaco is divided into four areas. The old city is known as Monaco-Ville, Condamine is the port quarter, Monte-Carlo is a government district, and Fontvieille is known for its recreation and industry. Monaco is lacking in natural resources, but the climate and location make it a wonderful place to visit. Many businesses use it as a tax haven, while tourists take advantage of its resort-like atmosphere.
At A Glance
  • The easiest and most enjoyable way to explore Monaco is on foot. There are some significant elevation changes, particularly around the Exotic Gardens, so these areas may involve more strenuous hiking. Some of the steeper slopes in the city are also served by free, public escalators and elevators. A pedestrian-only ferry also runs to Port Hercule and can be taken for just one Euro.

  • If you have the money to spend, a fun activity is gambling at the Grand Casino, which is frequented by many of the world's rich and famous. A passport is required to enter and there is a wide range of entry fees depending on the room you wish to enter. Cheaper rooms start around thirty Euros and more expensive rooms can easily reach several hundred. For a smaller entry fee you can visit the casino without gambling. It is worth visiting if only to see the spectacular gaming rooms which have stained glass, paintings, and impressive sculptures. It is also important to realize that there is a very strictly enforced dress code. Men must wear coats and ties with no "casual" shoes.

  • Monaco plays host to one of Europe's premier social events every year; the Formula 1 Grand Prix. It is organized by the Automobile Club of Monaco and takes competitors through 78 laps of Monte Carlo's narrow and twisting streets. The close proximity with which spectators can view the race is one of the main attractions. 3,000 seats are sold each year and Monaco residents will rent out their terracees for the event for large sums of money. If you're in town during the off season you can grab a map of the route from a tourist office and walk the course.

  • Monaco is not a place to shop if you're on a budget. There are plenty of high end shops throughout the country though if you have money to spend. Chic clothes shops are found in the Golden Circle which is enclosed by Avenue Monte Carlo, Avenue des Beaux-Arts and Allees Lumieres. Here you will find Hermes, Christian Dior, Gucci and Prada. If you're looking for jewelry, head to the area near Place du Casino where Bulgari, Cartier and Chopard are located. If you aren't up for spending the money, it's still fun to window shop, which is a common activity among tourists. Shopping hours are from 9 am to 12 pm and 3 pm to 7 pm.

  • Staying in Monaco is quite expensive. If you're on a tight budget you'll do better to head out of town and stay an hour or so away. Nice is only half an hour away and Ventimiglia is another more affordable seaside town near the French-Italian border on the Italy side.
Top Tourist Attractions
Monaco-Ville: This picturesque area is known as "the rock." It's a medieval village that is still made up almost exclusively of pedestrian streets and passageways. Many of the houses are historical, but there are also a good number of hotels, restaurants and souvenir shops that appeal to tourists. Sights within the area include the Prince's Palace, the Cathedral, the Oceanographic Museum, the City Hall, and the Saint Martin Gardens.

Palais Princier (the Prince's Palace): Located in Monaco-Ville, this palace is well worth a visit. There's a panoramic view that looks out on the Port and Monte-Carlo and a changing of the guard cermony takes place every day just before noon. There are also daily tours of the palace that run throughout the day.

Monaco Cathedral: Built in 1875 on the site of a 13th century church, this Cathedral is dedicated to Saint Nicolas. It houses the remains of former Princes of Monaco as well as Princess Grace.

Popular Foods
Dining out in Monaco is delicious but expensive. Some favorite restaurants include those found on the waterfront along the Port de Fontvieille or around the Casino. Eating out during the winter months may be slightly more affordable. If you are on a tight budget there are some small cafes throughout the city that serve simple meals such as pizza or hot dogs.

Barbagiuan: This is a sweet pastry appetizer that originated in Monaco but is served throughout the region. In Monaco, they are most often available on National Day. The pastries are filled with rice, cheese, leeks and either pumpkin or spinach.

Fougasse: Also a sweet pastry, this option is made with orange-infused dough that is topped with nuts and anise seeds.

Stocafi: A national dish of Monaco, this is made with dried cod that is stewed in tomato sauce. It is flavored with black olives and small vegetables.

We've been gathering travel costs from tens of thousands of actual travelers since 2010, and we use the data to calculate average daily travel costs for destinations around the world. We also systematically analyze the prices of hotels, hostels, and tours from travel providers such as Kayak, HostelWorld, TourRadar, Viator, and others. This combination of expenses from actual travelers, combined with pricing data from major travel companies, gives us a uniqe insight into the overall cost of travel for thousands of cities in countries around the world. You can see more here: How it Works.

1 Categories averaged on a per-item basis.
2 Categories averaged on a per-day basis.
For example, the Food2 daily average is for all meals for an entire day, while Entertainment1 is for each individual purchase. Thus, the overall daily average cost is not a summation of the individual categories.

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.

Search for Travel Costs

Some of the links on this website are sponsored or affiliate links which help to financially support this site. By clicking the link and making a purchase, we may receive a small commission, but this does not affect the price of your purchase.