Statement:
In Monaco, the cost of living is about the same level as in Luxembourg

In the Cost of Living rating Monaco holds position #4 ²⁰¹² out of 90 and Luxembourg is #4 out of 102 ²⁰¹³.
Both countries are leaders of the "Cost of Living" rating. Living in Monaco and Luxembourg is really expensive, compared to most countries of the World.

Referencies:

1. Cost of Living ²⁰²² by Numbeo

   The countries in the rating sorted by 'Cost of Living Index' in descending order.

   Luxembourg

   'Cost of Living Index' value is

   72.15

2. Cost of Living ²⁰²¹ by Numbeo

   The countries in the rating sorted by 'Cost of Living Index' in descending order.

   Luxembourg

   'Cost of Living Index' value is

   85.30

3. Cost of Living ²⁰²⁰ by Numbeo

   The countries in the rating sorted by 'Cost of Living Index' in descending order.

   Luxembourg

   'Cost of Living Index' value is

   84.38

4. Cost of Living ²⁰¹⁹ by Numbeo

   The countries in the rating sorted by 'Cost of Living Index' in descending order.

   Luxembourg

   'Cost of Living Index' value is

   84.68

5. Cost of Living ²⁰¹⁸ by Numbeo

   The countries in the rating sorted by 'Cost of Living Index' in descending order.

   Luxembourg

   'Cost of Living Index' value is

   86.44

6. Cost of Living ²⁰¹⁷ by Numbeo

   The countries in the rating sorted by 'Cost of Living Index' in descending order.

   Luxembourg

   'Cost of Living Index' value is

   87.52

7. Cost of Living ²⁰¹⁶ by Numbeo

   The countries in the rating sorted by 'Cost of Living Index' in descending order.

   Luxembourg

   'Cost of Living Index' value is

   81.46

8. Cost of Living ²⁰¹⁵ by Numbeo

   The countries in the rating sorted by 'Cost of Living Index' in descending order.

   Luxembourg

   'Cost of Living Index' value is

   80.81

9. Cost of Living ²⁰¹⁴ by Numbeo

   The countries in the rating sorted by 'Cost of Living Index' in descending order.

   Luxembourg

   'Cost of Living Index' value is

   107.41

10. Cost of Living ²⁰¹³ by Numbeo

    The countries in the rating sorted by 'Cost of Living Index' in descending order.

    Luxembourg

    'Cost of Living Index' value is

    124.76

11. Cost of Living ²⁰¹² by Numbeo

    The countries in the rating sorted by 'Cost of Living Index' in descending order.

    Monaco

    'Cost of Living Index' value is

    128.15