Location Factors

Monaco

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.

Name 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
Currency Euro (EUR)
Income Tax* 0%
* Not used for index.* If taxes paid in Germany instead.
Market rates based on National Sources. Living costs based on Numbeo.

Locations in Monaco

City Factor Based On
Monaco 3.47 5.04* Living Costs
create calculation* If taxes paid in Germany instead.