Monaco
Western Europe · Europe
Population
38.6K
GDP (Nominal)
$11.13B
Capital City
Monaco
Currency
EUR (Euro)
Avg Salary
$5613/mo
Region
Western Europe
Livability Index 2026
216.3/100
Cost of Living
78/100
Avg Salary
76.4/100
Safety
75/100
Healthcare
70/100
Education
88/100
Overall Livability
Institutional Summary
Monaco is a tiny, incredibly wealthy city-state on the French Riviera. Famous for its casinos, yacht-lined harbor, and the Grand Prix, it is the premier global tax haven for the ultra-rich.
Cost of Living
Monthly Rent (1BR)$4,500
Monthly Groceries$1,200
Monthly Transport$100
Utilities & Internet$380
Estimated Total Monthly
$6,180 /person
AI Algorithm Summary
Major Strengths
- • High-income economy ($288,110 GDP/Capita)
- • Tax Haven (0% Income Tax)
Algorithmic Red Flags
- • Very high cost of living
Economic Performance
📈 Stable GrowthGDP Per Capita
$288,110
Inflation Rate
2.4%
Unemployment
0.1%
5-Year GDP Trend
Migration & Visa
French Type D Long-Stay Visa
Carte de Séjour (Residence Permit)
Visa Difficulty
5/10
PR Eligibility
Permanent residency requires 10 years of continuous living and extremely stringent financial proof
Employment Landscape
Avg Monthly Salary
$5,613
Trending
Top Performing Industries
Wealth Management / Finance
Luxury Tourism
Real Estate
Gambling
Social Indicators
Life Expectancy
85.9 Yrs
Literacy Rate
99%
Top Universities (QS Rank)
International University of Monaco (IUM)#
Compare Monaco
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