Monaco is a small yet glamorous city-state on the French Riviera, known for its luxurious lifestyle, upscale casinos, and yacht-lined harbors. It’s a popular destination among the rich and famous, but how much does it cost to vacation in Monaco? Let’s break down the expenses.
Accommodation
One of the biggest expenses when visiting Monaco is accommodation. The city-state has a reputation for high-end hotels that cater to affluent travelers.
A night at a five-star hotel can easily cost upwards of $500 per night. However, there are also more affordable options such as Airbnb rentals or budget hotels that can be found for around $100-$200 per night.
Food and Drinks
Monaco has a diverse culinary scene with everything from Michelin-starred restaurants to street food vendors. A meal at a mid-range restaurant can cost around $50-$70 per person, while fine dining experiences can range from $150-$300 per person. Drinks at bars and clubs in Monaco are notoriously expensive, with cocktails averaging at $25 each.
Transportation
Getting around Monaco is relatively easy as it’s a small city-state that can be explored on foot or by public transportation. The cost of public transportation is reasonable with bus tickets starting at around $2.50 per ride. Taxis are available but come at a premium price, with an average fare of $15 for short rides.
Sightseeing
There are several attractions in Monaco that are worth visiting such as the Prince’s Palace, the Oceanographic Museum, and Monte Carlo Casino. The entrance fees to these attractions vary but generally range from $10-$20 per person.
Total Cost
The total cost of vacationing in Monaco varies depending on your preferences and travel style. On average, a week-long trip to Monaco for two people can cost anywhere between $5,000-$15,000, including accommodation, food and drinks, transportation, and sightseeing expenses.
Tips to Save Money
- Consider staying in an Airbnb or budget hotel to save on accommodation costs.
- Take advantage of the city-state’s free attractions such as the Japanese Garden or Larvotto Beach.
- Eat at local restaurants or street vendors instead of high-end establishments.
- Avoid drinking at bars and clubs in Monaco and opt for buying drinks from Supermarkets instead.
In conclusion, vacationing in Monaco can be an expensive affair but with some planning and budgeting, it’s possible to enjoy the city-state without breaking the bank. Whether you’re a high-roller or a budget traveler, Monaco has something to offer for everyone.