Cost of living comparison
Addis Ababa is 2.2 times more expensive than Caracas.
If you lived in Addis Ababa instead of Caracas, you would:
pay 56.2% less for restaurants
|
Caracas
|
Addis Ababa
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$15.00
VEF149.62
|
$6.00
ETB747.74
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.00
VEF119.69
|
$6.24
ETB777.06
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.78
VEF17.78
|
$0.78
ETB97.83
|
|
| Bottle of water (11 fl. oz) |
$1.29
VEF12.84
|
$0.50
ETB62.58
|
|
pay 9.6% less for groceries
|
Caracas
|
Addis Ababa
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.17
VEF21.64
|
$1.20
ETB149.74
|
|
| Local cheese (8 oz) |
$4.87
VEF48.61
|
$4.85
ETB604.85
|
|
| Milk (1 gallon) |
$7.73
VEF77.06
|
$6.08
ETB757.54
|
|
|
Eggs
1 dozen
|
$3.03
VEF30.26
|
$2.65
ETB330.15
|
|
| Boneless chicken breast (1 lb) |
$3.24
VEF32.36
|
$5.65
ETB703.64
|
|
| Apples (1 lb) |
$2.55
VEF25.43
|
$3.30
ETB411.43
|
|
| Bananas (1 lb) |
$0.66
VEF6.56
|
$0.51
ETB63.10
|
|
| Oranges (1 lb) |
$0.90
VEF8.97
|
$1.08
ETB134.37
|
|
| Tomatoes (1 lb) |
$0.75
VEF7.51
|
$0.39
ETB48.17
|
|
| Potatoes (1 lb) |
$1.01
VEF10.04
|
$0.31
ETB38.79
|
|
| Onions (1 lb) |
$0.87
VEF8.69
|
$0.79
ETB98.97
|
|
pay 3.8% less for transportation
|
Caracas
|
Addis Ababa
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$1.89
VEF18.88
|
$4.88
ETB608.13
|
|
| Monthly public transit pass |
$30.00
VEF299.24
|
$10.00
ETB1,246.23
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$32,000.00
VEF319,184.03
|
$25,000.00
ETB3,115,573.00
|
|
| Taxi trip in downtown area (5 miles) |
$23.80
VEF237.39
|
$3.67
ETB456.74
|
|
pay 5.8 times more for housing
|
Caracas
|
Addis Ababa
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$37.22
VEF371.27
|
$171.17
ETB21,331.29
|
|
| 1-Bedroom apartment in downtown area |
$394.44
VEF3,934.39
|
$645.10
ETB80,394.25
|
|
| 1-Bedroom apartment outside city center |
$366.67
VEF3,657.32
|
$422.74
ETB52,683.37
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$7.90
VEF78.82
|
$124.84
ETB15,557.71
|
|
pay 5.1 times more for childcare
|
Caracas
|
Addis Ababa
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$98.67
VEF984.15
|
$81.47
ETB10,153.44
|
|
| Middle school for 1 child, two semesters |
$4,720.00
VEF47,079.64
|
$43,916.67
ETB5,473,023.24
|
|
pay 6.0% less for entertainment and sports
|
Caracas
|
Addis Ababa
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.50
VEF14.96
|
$1.00
ETB124.62
|
|
| Cappuccino in mid-range area |
$2.72
VEF27.12
|
$1.15
ETB143.28
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.25
VEF32.42
|
$4.00
ETB498.49
|
|
| Monthly membership at local gym |
$71.88
VEF716.92
|
$90.59
ETB11,290.21
|
|
| Movie ticket to theater/cinema |
$6.00
VEF59.85
|
$6.70
ETB834.97
|
|
pay 23.4% more for clothing
|
Caracas
|
Addis Ababa
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$60.00
VEF598.47
|
$48.33
ETB6,023.44
|
|
|
Regular dress
from H&M or similar store
|
$43.33
VEF432.23
|
$75.17
ETB9,367.49
|
|
|
Running shoes
Nike or Adidas
|
$113.12
VEF1,128.37
|
$108.84
ETB13,564.30
|
|
| Men's business shoes (leather) |
$83.33
VEF831.21
|
$119.32
ETB14,870.22
|
|
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