Location Factors

Monaco

The location factor for Monaco (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 Berlin (Germany).
If you would have to pay full taxes in Germany, this amount would rise to €302,262.

You can also start a calculation based on Monaco.

Name Monaco
🇲🇨
Monaco
Chosen Factor 3.47 5.04* 3.47 5.04*
Market Rates unavailable 1.31 1.90*
Consumer Price Index unavailable 1.49 2.17*
Rent Index* unavailable 9.12 13.22*
Consumer Price Plus Rent Index unavailable 3.47 5.04*
Groceries Index unavailable 1.70 2.47*
Restaurant Price Index* unavailable 1.95 2.83*
Local Purchasing Power Index* unavailable 0.56 0.82*
Buffer Location Bracket* A or SF Engineer 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.