How much money should I bring to Monaco?

If you're a budget traveler, you can expect to spend around $100 to $150 per day in Monaco, taking into account accommodation, transportation, meals, and activities. For mid-range travelers, the daily expenses may range from $200 to $300.



Monaco is the world's most expensive city-state, and your 2026 budget depends on your lifestyle. A budget day-tripper coming from Nice should bring at least €100–€150 to cover a round-trip train ticket (€9), a casual lunch (€20), and entry to one major attraction like the Oceanographic Museum (€19) or the Prince's Palace (€10). For a mid-range experience with an overnight stay, expect to spend €400–€600 per day, as three-star hotels start around €250 and a nice dinner with wine averages €100. Luxury travelers should budget at least €1,500+ daily, with five-star icons like the Hotel de Paris costing €800+ and Michelin-starred tasting menus reaching €450. If you plan to gamble at the Monte-Carlo Casino, remember there is a €17 entry fee just for the gaming rooms, plus whatever bankroll you choose to bring. During the Grand Prix in May, all prices quadruple, and even a simple sandwich can become a significant expense, so advanced financial planning is essential for that specific week.

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Food: Basic groceries can cost around €200 to €300 ($240 to $360) per month, while eating out at restaurants can cost significantly more, especially in high-end establishments.

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If you're a budget traveler, you can expect to spend around $100 to $150 per day in Monaco, taking into account accommodation, transportation, meals, and activities. For mid-range travelers, the daily expenses may range from $200 to $300.

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The thing with Monaco, though, is that it is 0.8 square miles large, making it the second-smallest sovereign state in the world after Vatican City, so you don't necessarily need to split your two days between neighbourhoods to see the most of it. Central Park in New York is larger than this city-state!

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One in every three people in Monaco are millionaires, according to research into the cities of Europe that have the most high net worth individuals, with Zurich close behind. London ranks fourth.

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The best time to visit Monaco is in the spring or fall, with tennis in April, the Grand Prix in May, and the Yacht Show in September.

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In Monaco, restaurant bills usually already includes a 15% service charge and as such no additional tip is expected. However you should always check your bill, for the service charge whether it`s included or not, if not then a 15% tip is customary. It is normal to tip 15% at bars as well.

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  • Beignets de Fleurs de Courgettes - Fried Courgette flowers.
  • Bouillabaisse - Traditional Provencal fish stew, originating from Marseille.
  • Calisson - A traditional French candy originating in Aix-en-Provence.
  • Daube - A traditional and hearty Provencal style beef stew.


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