Cost of living comparison
Ethiopia is 72.5% more expensive than Iceland.
If you lived in Ethiopia instead of Iceland, you would:
pay 68.0% less for restaurants
Iceland
|
Ethiopia
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$17.84
kr2,439
|
$7.66
ETB431.48
|
|
Fast food combo meal
McDonalds, or similar
|
$14.27
kr1,951
|
$5.60
ETB315.44
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.32
kr317
|
$0.64
ETB35.77
|
|
Bottle of water (11 fl. oz) |
$2.12
kr290
|
$0.39
ETB22.22
|
|
pay 43.5% less for groceries
Iceland
|
Ethiopia
|
||
---|---|---|---|
Bread
1 loaf
|
$3.42
kr468
|
$0.59
ETB33.42
|
|
Local cheese (8 oz) |
$5.98
kr818
|
$4.28
ETB240.96
|
|
Milk (1 gallon) |
$5.33
kr728
|
$3.85
ETB217.01
|
|
Eggs
1 dozen
|
$5.66
kr774
|
$2.23
ETB125.50
|
|
Boneless chicken breast (1 lb) |
$7.09
kr970
|
$3.58
ETB201.62
|
|
Apples (1 lb) |
$1.16
kr159
|
$1.87
ETB105.41
|
|
Bananas (1 lb) |
$0.98
kr134
|
$0.42
ETB23.82
|
|
Oranges (1 lb) |
$1.17
kr160
|
$0.88
ETB49.66
|
|
Tomatoes (1 lb) |
$1.84
kr251
|
$0.31
ETB17.39
|
|
Potatoes (1 lb) |
$0.96
kr131
|
$0.19
ETB10.98
|
|
Onions (1 lb) |
$0.51
kr70
|
$0.28
ETB15.64
|
|
pay 60.6% less for transportation
Iceland
|
Ethiopia
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.03
kr1,099
|
$3.15
ETB177.22
|
|
Monthly public transit pass |
$77.40
kr10,584
|
$11.00
ETB619.62
|
|
New Volkswagen Golf 1.4 (standard edition) |
$29,836.83
kr4,080,131
|
$26,000.00
ETB1,464,562.45
|
|
Taxi trip in downtown area (5 miles) |
$23.97
kr3,277
|
$4.10
ETB230.95
|
|
pay 32.0% more for housing
Iceland
|
Ethiopia
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$62.40
kr8,533
|
$202.38
ETB11,400.07
|
|
1-Bedroom apartment in downtown area |
$1,437.14
kr196,527
|
$496.62
ETB27,974.08
|
|
1-Bedroom apartment outside city center |
$1,215.63
kr166,234
|
$259.10
ETB14,594.98
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$68.63
kr9,385
|
$101.32
ETB5,707.49
|
|
pay 8.5 times more for childcare
Iceland
|
Ethiopia
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$259.34
kr35,465
|
$74.57
ETB4,200.72
|
|
Middle school for 1 child, two semesters |
$2,750.10
kr376,071
|
$46,000.00
ETB2,591,148.95
|
|
pay 57.2% less for entertainment and sports
Iceland
|
Ethiopia
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.52
kr1,165
|
$0.75
ETB42.25
|
|
Cappuccino in mid-range area |
$4.15
kr568
|
$0.73
ETB41.18
|
|
Pack of cigarettes
Marlboro or similar
|
$10.64
kr1,454
|
$4.00
ETB225.32
|
|
Monthly membership at local gym |
$56.90
kr7,781
|
$66.88
ETB3,767.02
|
|
Movie ticket to theater/cinema |
$12.27
kr1,678
|
$4.00
ETB225.32
|
|
pay 45.7% less for clothing
Iceland
|
Ethiopia
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$118.08
kr16,147
|
$26.92
ETB1,516.14
|
|
Regular dress
from H&M or similar store
|
$50.39
kr6,891
|
$53.83
ETB3,031.93
|
|
Running shoes
Nike or Adidas
|
$151.12
kr20,665
|
$64.59
ETB3,638.11
|
|
Men's business shoes (leather) |
$175.20
kr23,958
|
$78.66
ETB4,430.68
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Ethiopia or Iceland. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.