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Monaco

Monaco’s cliffside cityscape and Riviera harbor create a dense, French-speaking enclave shaped by Mediterranean glamour.

This microstate packs Monte Carlo and Fontvieille into a compact, vertical landscape overlooking the sea. French is the language of daily life, and the euro is standard. Monaco’s urban density and harbor culture offer a distinctive blend of tradition and modern spectacle.

At a glance

Language

French(Official)

Population38,423

CurrencyEuro (EUR)

1 EUR = 1.1404 USD

1 USD = 0.8769 EUR

Updated Jul 13, 2026, 5:56 AM UTCSource: numbeo

Numbeo publishes these source indexes relative to New York City.

Cost of LivingPotentially much more expensiveSource category: All | 2026

RentPotentially much more expensiveSource category: Rent | 2026

GroceriesPotentially similar cost levelSource category: Grocery | 2026

RestaurantPotentially more expensiveSource category: Restaurant | 2026

Local Purchasing PowerSimilar local purchasing powerSource category: Purchasing Power | 2026

Index year 2026Version 2026 Current (rolling)Source: Numbeo Cost of Living IndexVerified Jul 10, 2026, 1:17 PM UTC

Sources

Numbeo Cost of Living Index

Quality of LifeStrongSource category: Quality Of Life | 2026 | Overall quality of life index

SafetyGenerally favorableSource category: Safety | 2026 | Safety index (100 = safest)

HealthcareGenerally favorableSource category: Healthcare | 2026 | Healthcare quality index (100 = best healthcare)

PollutionElevatedSource category: Pollution | 2026 | Pollution index (100 = most polluted)

TrafficHighSource category: Traffic | 2026 | Overall traffic index (considers time + inefficiency + CO2)

Index year 2026Version 2026 Current (rolling)Source: Numbeo Cost of Living IndexVerified Jul 10, 2026, 1:17 PM UTC

Sources

Numbeo Cost of Living Index

Visa and residency reference data is available for Long-Stay Visa, Long-Stay Visa, Temporary Residence.

Long-Stay Visa

Monaco Long-Stay Visa Prerequisite
Monaco residence-precondition route for non-EEA nationals: except for applicants already in France for more than a year, the official page directs applicants to obtain a type D long-stay visa for Monaco through French consular processing before applying for a residence permit.
Ordinary / Privilege Residence Permit
Monaco longer residence-card path: the ordinary permit can be issued after three years of residence, while the privilege permit can be issued after ten years of residence in Monaco.

Temporary Residence

Temporary Residence Permit
Monaco first residence permit for foreign nationals aged over 16 who reside in Monaco for more than three months or settle there.
- 1 year

Sources

Prince's Government of Monaco

French(Official)

Sources

Country language reference

2 source-backed travel advisories are available for Monaco.

Take normal security precautions

Take normal security precautions in Monaco.

No destination-wide FCDO travel warning

FCDO travel advice currently has no destination-wide warning for Monaco. Review the full FCDO travel advice before travelling, including safety, entry, health, and insurance guidance.

Sources

Monte CarloMonte Carlo is a city located within the country of Monaco.MonacoMonaco is a city located within the country of Monaco.La CondamineLa Condamine is a city located within the country of Monaco.Commune of MonacoThe Commune of Monaco is a city located within the country of Monaco.