Cost of living comparison
Ethiopia is 12.7% more expensive than Iceland.
If you lived in Ethiopia instead of Iceland, you would:
pay 69.9% less for restaurants
|
Iceland
|
Ethiopia
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,691
|
$6.00
ETB760.93
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,350
|
$6.24
ETB790.77
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK390
|
$0.78
ETB99.55
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK280
|
$0.50
ETB63.68
|
|
pay 19.8% less for groceries
|
Iceland
|
Ethiopia
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK410
|
$1.20
ETB152.39
|
|
| Local cheese (8 oz) |
$7.27
ISK1,008
|
$4.85
ETB615.52
|
|
| Milk (1 gallon) |
$6.01
ISK833
|
$6.08
ETB770.90
|
|
|
Eggs
1 dozen
|
$5.42
ISK752
|
$2.65
ETB335.97
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,180
|
$5.65
ETB716.06
|
|
| Apples (1 lb) |
$1.22
ISK170
|
$3.30
ETB418.68
|
|
| Bananas (1 lb) |
$1.03
ISK142
|
$0.51
ETB64.22
|
|
| Oranges (1 lb) |
$1.17
ISK162
|
$1.08
ETB136.74
|
|
| Tomatoes (1 lb) |
$1.87
ISK260
|
$0.39
ETB49.02
|
|
| Potatoes (1 lb) |
$1.23
ISK171
|
$0.31
ETB39.48
|
|
| Onions (1 lb) |
$0.78
ISK109
|
$0.79
ETB100.72
|
|
pay 62.4% less for transportation
|
Iceland
|
Ethiopia
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,160
|
$4.88
ETB618.85
|
|
| Monthly public transit pass |
$71.28
ISK9,888
|
$10.00
ETB1,268.21
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,640,447
|
$25,000.00
ETB3,170,530.25
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK3,057
|
$3.67
ETB464.80
|
|
pay 28.9% more for housing
|
Iceland
|
Ethiopia
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK10,012
|
$171.17
ETB21,707.56
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK254,973
|
$645.10
ETB81,812.36
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK207,771
|
$422.74
ETB53,612.68
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK8,048
|
$124.84
ETB15,832.14
|
|
pay 3.8 times more for childcare
|
Iceland
|
Ethiopia
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK35,813
|
$81.47
ETB10,332.54
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK831,487
|
$43,916.67
ETB5,569,564.81
|
|
pay 47.3% less for entertainment and sports
|
Iceland
|
Ethiopia
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,275
|
$1.00
ETB126.82
|
|
| Cappuccino in mid-range area |
$4.65
ISK645
|
$1.15
ETB145.81
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,631
|
$4.00
ETB507.28
|
|
| Monthly membership at local gym |
$61.46
ISK8,526
|
$90.59
ETB11,489.37
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,990
|
$6.70
ETB849.70
|
|
pay 23.1% less for clothing
|
Iceland
|
Ethiopia
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK15,430
|
$48.33
ETB6,129.69
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK8,280
|
$75.17
ETB9,532.73
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK20,530
|
$108.84
ETB13,803.57
|
|
| Men's business shoes (leather) |
$184.49
ISK25,593
|
$119.32
ETB15,132.52
|
|
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