Financial experts analysed the average cost of several factors in each major Mediterranean city, including flights, hotels and dining out.
A score out of 100 was given to each city based on the cost of each factor, with the lowest scores determining which cities are most expensive.
Research conducted by gamblingngo.com

. The most expensive Mediterranean cities for a holiday
Below in order from most to least expensive are the 10 most expensive Mediterranean cities for a holiday Photo: pexels

. Monte Carlo, Monaco
Taking the crown in the ranking of the most expensive Mediterranean cities for a holiday is Monte Carlo in Monaco, with a score of 26.4. Known for its glamour, the city boasts many luxurious attractions such as Place du Casino which is situated near an abundance of high-end stores. Monte Carlo is the most expensive city for hotels, costing a staggering amount of £2,283.50 on average for a seven-night stay. Photo: pexels

. Tel Aviv, Israel
Tel Aviv in Israel places second on the list with a score of 29.6. It’s the most expensive city for a beer, costing an average of £7.37 – so expect to splurge if you take a trip here and fancy heading to a bar. Photo: pexels

1. The most expensive Mediterranean cities for a holiday
Below in order from most to least expensive are the 10 most expensive Mediterranean cities for a holiday Photo: pexels

2. Monte Carlo, Monaco
Taking the crown in the ranking of the most expensive Mediterranean cities for a holiday is Monte Carlo in Monaco, with a score of 26.4. Known for its glamour, the city boasts many luxurious attractions such as Place du Casino which is situated near an abundance of high-end stores. Monte Carlo is the most expensive city for hotels, costing a staggering amount of £2,283.50 on average for a seven-night stay. Photo: pexels

3. Tel Aviv, Israel
Tel Aviv in Israel places second on the list with a score of 29.6. It’s the most expensive city for a beer, costing an average of £7.37 – so expect to splurge if you take a trip here and fancy heading to a bar. Photo: pexels

4. Cannes, France
Third on the list is Cannes, France – the city takes a final score of 29.8. Famous for being the French Riviera’s glamour capital, it can prove a challenge to visit Cannes on a budget – and flights alone will cost you an average of £560. Photo: pexels