Cost of living comparison
Iceland is 2.6 times more expensive than Ethiopia.
If you lived in Iceland instead of Ethiopia, you would:
pay 3.4 times more for restaurants
|
Ethiopia
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$6.00
ETB756.92
|
$19.40
ISK2,665
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.24
ETB786.60
|
$16.94
ISK2,327
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.78
ETB99.03
|
$2.81
ISK386
|
|
| Bottle of water (11 fl. oz) |
$0.50
ETB63.35
|
$2.02
ISK278
|
|
pay 98.0% more for groceries
|
Ethiopia
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.20
ETB151.58
|
$2.95
ISK406
|
|
| Local cheese (8 oz) |
$4.85
ETB612.28
|
$7.27
ISK998
|
|
| Milk (1 gallon) |
$6.08
ETB766.84
|
$6.01
ISK825
|
|
|
Eggs
1 dozen
|
$2.65
ETB334.20
|
$5.42
ISK744
|
|
| Boneless chicken breast (1 lb) |
$5.65
ETB712.28
|
$8.51
ISK1,169
|
|
| Apples (1 lb) |
$3.30
ETB416.48
|
$1.22
ISK168
|
|
| Bananas (1 lb) |
$0.51
ETB63.88
|
$1.03
ISK141
|
|
| Oranges (1 lb) |
$1.08
ETB136.02
|
$1.17
ISK161
|
|
| Tomatoes (1 lb) |
$0.39
ETB48.76
|
$1.87
ISK257
|
|
| Potatoes (1 lb) |
$0.31
ETB39.27
|
$1.23
ISK170
|
|
| Onions (1 lb) |
$0.79
ETB100.19
|
$0.78
ISK108
|
|
pay 4.1 times more for transportation
|
Ethiopia
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.88
ETB615.59
|
$8.36
ISK1,149
|
|
| Monthly public transit pass |
$10.00
ETB1,261.53
|
$71.28
ISK9,792
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$25,000.00
ETB3,153,818.38
|
$40,660.66
ISK5,585,962
|
|
| Taxi trip in downtown area (5 miles) |
$3.67
ETB462.35
|
$22.04
ISK3,027
|
|
pay 82.0% more for housing
|
Ethiopia
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$171.17
ETB21,593.14
|
$72.17
ISK9,915
|
|
| 1-Bedroom apartment in downtown area |
$645.10
ETB81,381.13
|
$1,838.04
ISK252,510
|
|
| 1-Bedroom apartment outside city center |
$422.74
ETB53,330.09
|
$1,497.77
ISK205,764
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$124.84
ETB15,748.68
|
$58.01
ISK7,970
|
|
pay 65.2% more for childcare
|
Ethiopia
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$81.47
ETB10,278.07
|
$258.16
ISK35,467
|
|
| Middle school for 1 child, two semesters |
$43,916.67
ETB5,540,207.61
|
$5,993.99
ISK823,455
|
|
pay 3.8 times more for entertainment and sports
|
Ethiopia
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.00
ETB126.15
|
$9.19
ISK1,262
|
|
| Cappuccino in mid-range area |
$1.15
ETB145.04
|
$4.65
ISK639
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.00
ETB504.61
|
$11.76
ISK1,615
|
|
| Monthly membership at local gym |
$90.59
ETB11,428.81
|
$61.46
ISK8,443
|
|
| Movie ticket to theater/cinema |
$6.70
ETB845.22
|
$14.35
ISK1,971
|
|
pay 50.0% more for clothing
|
Ethiopia
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$48.33
ETB6,097.38
|
$111.23
ISK15,281
|
|
|
Regular dress
from H&M or similar store
|
$75.17
ETB9,482.48
|
$59.69
ISK8,200
|
|
|
Running shoes
Nike or Adidas
|
$108.84
ETB13,730.81
|
$148.00
ISK20,332
|
|
| Men's business shoes (leather) |
$119.32
ETB15,052.76
|
$184.49
ISK25,346
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Iceland or Ethiopia. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.