Cost of living comparison
Reykjavik is 2.8 times more expensive than Addis Ababa.
If you lived in Reykjavik instead of Addis Ababa, you would:
pay 3.6 times more for restaurants
|
Addis Ababa
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$6.00
ETB747.74
|
$20.00
ISK2,783
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.24
ETB777.06
|
$18.02
ISK2,507
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.78
ETB97.83
|
$3.15
ISK439
|
|
| Bottle of water (11 fl. oz) |
$0.50
ETB62.58
|
$2.19
ISK304
|
|
pay 2.2 times more for groceries
|
Addis Ababa
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.20
ETB149.74
|
$3.61
ISK502
|
|
| Local cheese (8 oz) |
$4.85
ETB604.85
|
$7.76
ISK1,079
|
|
| Milk (1 gallon) |
$6.08
ETB757.54
|
$6.40
ISK891
|
|
|
Eggs
1 dozen
|
$2.65
ETB330.15
|
$5.76
ISK801
|
|
| Boneless chicken breast (1 lb) |
$5.65
ETB703.64
|
$9.45
ISK1,314
|
|
| Apples (1 lb) |
$3.30
ETB411.43
|
$1.40
ISK195
|
|
| Bananas (1 lb) |
$0.51
ETB63.10
|
$1.01
ISK140
|
|
| Oranges (1 lb) |
$1.08
ETB134.37
|
$1.22
ISK169
|
|
| Tomatoes (1 lb) |
$0.39
ETB48.17
|
$2.22
ISK309
|
|
| Potatoes (1 lb) |
$0.31
ETB38.79
|
$1.43
ISK200
|
|
| Onions (1 lb) |
$0.79
ETB98.97
|
$0.93
ISK130
|
|
pay 4.4 times more for transportation
|
Addis Ababa
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.88
ETB608.13
|
$8.50
ISK1,183
|
|
| Monthly public transit pass |
$10.00
ETB1,246.23
|
$74.95
ISK10,428
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$25,000.00
ETB3,115,573.00
|
$42,450.45
ISK5,906,131
|
|
| Taxi trip in downtown area (5 miles) |
$3.67
ETB456.74
|
$24.05
ISK3,346
|
|
pay 2.0 times more for housing
|
Addis Ababa
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$171.17
ETB21,331.29
|
$69.87
ISK9,720
|
|
| 1-Bedroom apartment in downtown area |
$645.10
ETB80,394.25
|
$1,971.17
ISK274,249
|
|
| 1-Bedroom apartment outside city center |
$422.74
ETB52,683.37
|
$1,803.44
ISK250,913
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$124.84
ETB15,557.71
|
$53.95
ISK7,507
|
|
pay 61.5% more for childcare
|
Addis Ababa
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$81.47
ETB10,153.44
|
$252.14
ISK35,080
|
|
| Middle school for 1 child, two semesters |
$43,916.67
ETB5,473,023.24
|
$5,993.99
ISK833,944
|
|
pay 4.3 times more for entertainment and sports
|
Addis Ababa
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.00
ETB124.62
|
$10.81
ISK1,504
|
|
| Cappuccino in mid-range area |
$1.15
ETB143.28
|
$5.31
ISK738
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.00
ETB498.49
|
$12.25
ISK1,704
|
|
| Monthly membership at local gym |
$90.59
ETB11,290.21
|
$69.95
ISK9,732
|
|
| Movie ticket to theater/cinema |
$6.70
ETB834.97
|
$14.77
ISK2,056
|
|
pay 48.5% more for clothing
|
Addis Ababa
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$48.33
ETB6,023.44
|
$108.97
ISK15,161
|
|
|
Regular dress
from H&M or similar store
|
$75.17
ETB9,367.49
|
$49.72
ISK6,918
|
|
|
Running shoes
Nike or Adidas
|
$108.84
ETB13,564.30
|
$151.85
ISK21,127
|
|
| Men's business shoes (leather) |
$119.32
ETB14,870.22
|
$194.16
ISK27,013
|
|
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