Cost of living comparison
Monaco is 5.9 times more expensive than Addis Ababa.
If you lived in Monaco instead of Addis Ababa, you would:
pay 6.3 times more for restaurants
Addis Ababa
|
Monaco
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$7.13
ETB408.18
|
$25.99
€23.89
|
|
Fast food combo meal
McDonalds, or similar
|
$6.24
ETB357.16
|
$10.83
€9.95
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.82
ETB46.71
|
$5.09
€4.68
|
|
Bottle of water (11 fl. oz) |
$0.53
ETB30.53
|
$7.15
€6.58
|
|
pay 2.2 times more for groceries
Addis Ababa
|
Monaco
|
||
---|---|---|---|
Bread
1 loaf
|
$1.09
ETB62.32
|
$5.23
€4.81
|
|
Local cheese (8 oz) |
$4.56
ETB261.12
|
$8.12
€7.47
|
|
Milk (1 gallon) |
$5.68
ETB325.58
|
$7.17
€6.59
|
|
Eggs
1 dozen
|
$2.58
ETB147.53
|
$3.60
€3.30
|
|
Boneless chicken breast (1 lb) |
$6.17
ETB353.23
|
$4.81
€4.42
|
|
Apples (1 lb) |
$2.95
ETB168.89
|
$1.15
€1.05
|
|
Bananas (1 lb) |
$0.49
ETB27.95
|
$1.23
€1.13
|
|
Oranges (1 lb) |
$1.10
ETB62.73
|
$1.23
€1.13
|
|
Tomatoes (1 lb) |
$0.39
ETB22.07
|
$1.82
€1.67
|
|
Potatoes (1 lb) |
$0.29
ETB16.33
|
$0.96
€0.88
|
|
Onions (1 lb) |
$0.76
ETB43.56
|
$1.47
€1.35
|
|
pay 2.8 times more for transportation
Addis Ababa
|
Monaco
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.65
ETB266.16
|
$8.64
€7.94
|
|
Monthly public transit pass |
$10.00
ETB572.80
|
$23.83
€21.90
|
|
New Volkswagen Golf 1.4 (standard edition) |
$25,500.00
ETB1,460,640.00
|
$46,760.68
€42,980.08
|
|
Taxi trip in downtown area (5 miles) |
$3.88
ETB222.16
|
$20.58
€18.91
|
|
pay 8.4 times more for housing
Addis Ababa
|
Monaco
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$152.46
ETB8,732.89
|
$61.73
€56.74
|
|
1-Bedroom apartment in downtown area |
$621.38
ETB35,592.91
|
$8,169.63
€7,509.12
|
|
1-Bedroom apartment outside city center |
$355.45
ETB20,360.44
|
$6,497.92
€5,972.57
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$124.84
ETB7,150.73
|
$237.50
€218.30
|
|
pay 13.2 times more for childcare
Addis Ababa
|
Monaco
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$83.24
ETB4,768.05
|
$2,111.82
€1,941.08
|
|
Middle school for 1 child, two semesters |
$43,916.67
ETB2,515,546.67
|
$43,184.11
€39,692.68
|
|
pay 5.1 times more for entertainment and sports
Addis Ababa
|
Monaco
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.00
ETB57.28
|
$8.12
€7.47
|
|
Cappuccino in mid-range area |
$1.11
ETB63.34
|
$5.67
€5.21
|
|
Pack of cigarettes
Marlboro or similar
|
$4.00
ETB229.12
|
$13.54
€12.44
|
|
Monthly membership at local gym |
$80.77
ETB4,626.66
|
$521.19
€479.05
|
|
Movie ticket to theater/cinema |
$5.00
ETB286.40
|
$13.00
€11.95
|
|
pay 3.4 times more for clothing
Addis Ababa
|
Monaco
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$40.11
ETB2,297.56
|
$162.81
€149.65
|
|
Regular dress
from H&M or similar store
|
$57.34
ETB3,284.29
|
$65.34
€60.06
|
|
Running shoes
Nike or Adidas
|
$92.44
ETB5,295.22
|
$187.00
€171.88
|
|
Men's business shoes (leather) |
$98.33
ETB5,632.53
|
$632.46
€581.33
|
|
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