Is It Expensive to Vacation in Monaco?

By Anna Duncan

Are you dreaming of vacationing in Monaco, the glamorous city-state located on the French Riviera? You might be wondering if it’s going to be an expensive trip.

Well, the answer is yes and no. Let’s explore the factors that can make your vacation in Monaco expensive or affordable.

Accommodation

One of the biggest expenses during your vacation in Monaco will be accommodation. The city-state has some of the most luxurious hotels in the world, such as Hotel de Paris Monte-Carlo and Fairmont Monte Carlo, which can cost thousands of dollars per night. However, there are also budget-friendly options like hostels and Airbnb apartments that can save you a lot of money.

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If you’re on a tight budget, consider staying in nearby towns like Nice or Menton and taking a train or bus to Monaco during the day.

Food and Drink

Monaco is known for its fine dining restaurants helmed by Michelin-starred chefs, which can cost hundreds of dollars per person for a multi-course meal. However, there are also plenty of affordable options like local bakeries and cafes that offer delicious food at reasonable prices.

When it comes to drinks, alcohol is notoriously expensive in Monaco due to high taxes. A glass of wine at a fancy bar or restaurant can easily cost more than $20.

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Look for happy hour deals or check out local markets where you can buy fresh produce and snacks for a picnic.

Activities

There are plenty of free things to do in Monaco such as strolling through the old town or visiting public parks like Jardin Exotique. However, if you’re interested in activities like gambling at the famous Monte Carlo Casino or attending events like Formula One Grand Prix, expect to pay top dollar.

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Plan your activities in advance and look for discounts or package deals online.

Transportation

Getting around Monaco can be expensive, especially if you opt for taxis or private drivers. However, there are affordable options like public buses and trains that can take you to nearby towns.

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Consider renting a bike or using the city’s public bike-sharing system to save money on transportation.

The Bottom Line

So, is it expensive to vacation in Monaco? The answer is that it depends on your travel style and budget.

If you’re willing to splurge on luxury hotels and fine dining restaurants, then yes, it can be an expensive trip. However, if you’re willing to cut costs by staying in budget-friendly accommodation and eating at local cafes, then it can be a more affordable vacation.

No matter what your budget is, Monaco is a beautiful destination with plenty of things to see and do. With careful planning and a bit of research, you can have an unforgettable vacation without breaking the bank.