City comparison
🇲🇨 Monaco vs 🇱🇺 Luxembourg City
Side-by-side comparison of cost of living, taxes, and quality of life for expats.
Quick verdict
More affordable
Luxembourg City
42% cheaper overall
Higher quality of life
Monaco
9/10 vs 8.5/10
Cost of living comparison
| Category | 🇲🇨 Monaco | 🇱🇺 Luxembourg City |
|---|---|---|
| Rent (1-bed, center) | €7,800 | €2,000 |
| Rent (1-bed, suburb) | €6,500 | €1,750 |
| Groceries (single) | €500 | €350 |
| Transport pass | €30 | Free |
| Restaurant (2 people) | €150 | €90 |
| Monthly budget (moderate) | €9,500 | €3,500 |
Quality of life
| Metric | 🇲🇨 Monaco | 🇱🇺 Luxembourg City |
|---|---|---|
| Overall | 9/10 | 8.5/10 |
| Safety | 10/10 | 9/10 |
| Healthcare | 9.5/10 | 9/10 |
| Education | 8/10 | 8.5/10 |
| Expat Community | 8/10 | 9.5/10 |
| English Proficiency | 7/10 | 8/10 |
Tax & practical info
🇲🇨
Monaco
MonacoTax regime
0% personal income tax (residents)
Climate
Mediterranean
Nomad visa
–
Effective tax rate
0% (social contributions only)
Avg. salary
€60,000–€150,000+
🇱🇺
Luxembourg City
LuxembourgTax regime
Progressive 0–42%, expat regime available
Climate
Oceanic
Nomad visa
–
Effective tax rate
25–35%
Avg. salary
€55,000–€85,000
Crunch the numbers
Use our calculators to compare your actual take-home pay and monthly budget.
These figures are indicative and based on public datasets. They are not the opinion of a tax lawyer. Consult a tax lawyer, a chartered accountant or a licensed financial professional before making relocation or employment decisions.
EXPATRIATION.IO
Going further with your move?
Explore expatriation.io for the guides, tools and resources to plan your expatriation, all in one place.