The location factor for Monaco is 3.47, based on national living costs.
This means a €208,457 per year salary would roughly
be compareable to €60,000 in Germany.
If you would have to pay full taxes in Germany, this amount would rise to €302,262.
It would be €78,491 based on market rates, €113,811 with taxes paid in Germany.
You can also start a calculation based on Monaco.
|Chosen Factor||3.47 5.04*|
|Market Rates||1.31 1.90*|
|Consumer Price Index||1.49 2.17*|
|Rent Index*||9.12 13.22*|
|Consumer Price Plus Rent Index||3.47 5.04*|
|Groceries Index||1.70 2.47*|
|Restaurant Price Index*||1.95 2.83*|
|Local Purchasing Power Index*||0.56 0.82*|
|Buffer Location Bracket*||A or SF Engineer|
Locations in Monaco
|Monaco||3.47 5.04*||Living Costs|