Reykjavik is 2.8 times more expensive than Addis Ababa.

If you lived in Reykjavik instead of Addis Ababa, you would:

Display currency: USD

pay 3.3 times more for restaurants

 
Addis Ababa
Reykjavik
Basic meal with drink at inexpensive restaurant $7.13
ETB410.31
$21.59
ISK3,009
Fast food combo meal
McDonalds, or similar
$6.24
ETB359.02
$17.27
ISK2,407
Bottle of Coca-Cola (11 fl. oz) $0.82
ETB46.95
$2.90
ISK405

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pay 2.3 times more for groceries

 
Addis Ababa
Reykjavik
Bread
1 loaf
$1.09
ETB62.64
$3.68
ISK514
Local cheese (8 oz) $4.56
ETB262.48
$7.66
ISK1,067
Milk (1 gallon) $5.68
ETB327.28
$6.16
ISK859

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pay 4.0 times more for transportation

 
Addis Ababa
Reykjavik
Gasoline (1 gallon) $4.65
ETB267.55
$8.57
ISK1,195
Monthly public transit pass $10.00
ETB575.79
$66.92
ISK9,328
New Volkswagen Golf 1.4 (standard edition) $25,500.00
ETB1,468,264.88
$41,660.67
ISK5,807,497

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pay 2.2 times more for housing

 
Addis Ababa
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$152.46
ETB8,778.48
$68.45
ISK9,542
1-Bedroom apartment in downtown area $621.38
ETB35,778.71
$1,864.13
ISK259,860
1-Bedroom apartment outside city center $355.45
ETB20,466.72
$1,666.20
ISK232,268

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pay 51.2% more for childcare

 
Addis Ababa
Reykjavik
Private preschool for 1 child, monthly $83.24
ETB4,792.94
$240.37
ISK33,507
Middle school for 1 child, two semesters $43,916.67
ETB2,528,678.41
$5,984.07
ISK834,180

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pay 4.4 times more for entertainment and sports

 
Addis Ababa
Reykjavik
Domestic/local beer (1 pint) $1.00
ETB57.58
$10.79
ISK1,505
Cappuccino in mid-range area $1.11
ETB63.67
$5.09
ISK709
Pack of cigarettes
Marlboro or similar
$4.00
ETB230.32
$11.87
ISK1,655

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pay 66.4% more for clothing

 
Addis Ababa
Reykjavik
Regular jeans
Levi's brand
$40.11
ETB2,309.56
$103.94
ISK14,489
Regular dress
from H&M or similar store
$57.34
ETB3,301.44
$43.50
ISK6,063
Running shoes
Nike or Adidas
$92.44
ETB5,322.86
$141.47
ISK19,721

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: June 2024
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