Cost of living comparison
Ethiopia is 45.7% cheaper than Monaco.
If you lived in Ethiopia instead of Monaco, you would:
pay 78.0% less for restaurants
Monaco
|
Ethiopia
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$41.23
€38.29
|
$7.66
ETB438.48
|
|
Fast food combo meal
McDonalds, or similar
|
$10.44
€9.70
|
$5.60
ETB320.56
|
|
Bottle of Coca-Cola (11 fl. oz) |
$5.94
€5.51
|
$0.64
ETB36.35
|
|
Bottle of water (11 fl. oz) |
$7.70
€7.15
|
$0.39
ETB22.58
|
|
pay 50.5% less for groceries
Monaco
|
Ethiopia
|
||
---|---|---|---|
Bread
1 loaf
|
$3.80
€3.53
|
$0.59
ETB33.96
|
|
Local cheese (8 oz) |
$10.72
€9.95
|
$4.28
ETB244.87
|
|
Milk (1 gallon) |
$8.50
€7.89
|
$3.85
ETB220.53
|
|
Eggs
1 dozen
|
$4.29
€3.98
|
$2.23
ETB127.54
|
|
Boneless chicken breast (1 lb) |
$6.64
€6.17
|
$3.58
ETB204.89
|
|
Apples (1 lb) |
$1.33
€1.23
|
$1.87
ETB107.12
|
|
Bananas (1 lb) |
$1.99
€1.85
|
$0.42
ETB24.20
|
|
Oranges (1 lb) |
$0.71
€0.66
|
$0.88
ETB50.46
|
|
Tomatoes (1 lb) |
$1.87
€1.74
|
$0.31
ETB17.68
|
|
Potatoes (1 lb) |
$1.37
€1.27
|
$0.19
ETB11.16
|
|
Onions (1 lb) |
$1.39
€1.29
|
$0.28
ETB15.89
|
|
pay 48.1% less for transportation
Monaco
|
Ethiopia
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.27
€7.68
|
$3.15
ETB180.09
|
|
Monthly public transit pass |
$38.21
€35.48
|
$11.00
ETB629.67
|
|
New Volkswagen Golf 1.4 (standard edition) |
$21,988.99
€20,420.08
|
$26,000.00
ETB1,488,316.88
|
|
Taxi trip in downtown area (5 miles) |
$18.25
€16.95
|
$4.10
ETB234.70
|
|
pay 38.1% less for housing
Monaco
|
Ethiopia
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$107.38
€99.72
|
$202.38
ETB11,584.97
|
|
1-Bedroom apartment in downtown area |
$5,818.99
€5,403.81
|
$496.62
ETB28,427.81
|
|
1-Bedroom apartment outside city center |
$4,384.68
€4,071.83
|
$259.10
ETB14,831.70
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$226.60
€210.43
|
$101.32
ETB5,800.06
|
|
pay 20.6% more for childcare
Monaco
|
Ethiopia
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$3,518.24
€3,267.21
|
$74.57
ETB4,268.85
|
|
Middle school for 1 child, two semesters |
$19,240.37
€17,867.57
|
$46,000.00
ETB2,633,176.02
|
|
pay 80.1% less for entertainment and sports
Monaco
|
Ethiopia
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.80
€8.17
|
$0.75
ETB42.93
|
|
Cappuccino in mid-range area |
$4.42
€4.11
|
$0.73
ETB41.85
|
|
Pack of cigarettes
Marlboro or similar
|
$12.09
€11.23
|
$4.00
ETB228.97
|
|
Monthly membership at local gym |
$604.70
€561.55
|
$66.88
ETB3,828.12
|
|
Movie ticket to theater/cinema |
$13.19
€12.25
|
$4.00
ETB228.97
|
|
pay 45.9% less for clothing
Monaco
|
Ethiopia
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$142.47
€132.31
|
$26.92
ETB1,540.73
|
|
Regular dress
from H&M or similar store
|
$39.03
€36.25
|
$53.82
ETB3,081.10
|
|
Running shoes
Nike or Adidas
|
$149.66
€138.98
|
$64.59
ETB3,697.12
|
|
Men's business shoes (leather) |
$481.56
€447.20
|
$78.66
ETB4,502.54
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Ethiopia or Monaco. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.