Cost of living comparison
Addis Ababa is 49.6% cheaper than Monaco.
- Restaurants
-
pay 74.2% less in Addis Ababa
- Groceries
-
pay 31.2% less in Addis Ababa
- Transportation
-
pay 57.1% less in Addis Ababa
- Housing
-
pay 13.0% less in Addis Ababa
- Childcare
-
pay 46.6% less in Addis Ababa
- Entertainment and Sports
-
pay 74.3% less in Addis Ababa
- Clothing
-
pay 50.9% less in Addis Ababa
Expenses including entertainment and sports, restaurants, transportation, clothing, childcare, and groceries are lower in Addis Ababa.
If you lived in Addis Ababa instead of Monaco, you would:
pay 74.2% less for restaurants
|
Monaco
|
Addis Ababa
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.90
€18.34
|
$6.00
ETB787.35
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.33
€10.82
|
$6.24
ETB818.23
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$4.67
€4.10
|
$0.78
ETB103.01
|
|
| Bottle of water (11 fl. oz) |
$7.08
€6.21
|
$0.50
ETB65.90
|
|
pay 31.2% less for groceries
|
Monaco
|
Addis Ababa
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$6.56
€5.76
|
$1.20
ETB157.68
|
|
| Local cheese (8 oz) |
$8.04
€7.06
|
$4.85
ETB636.90
|
|
| Milk (1 gallon) |
$7.10
€6.23
|
$6.08
ETB797.67
|
|
|
Eggs
1 dozen
|
$3.56
€3.12
|
$2.65
ETB347.64
|
|
| Boneless chicken breast (1 lb) |
$4.76
€4.18
|
$5.65
ETB740.92
|
|
| Apples (1 lb) |
$2.07
€1.81
|
$3.30
ETB433.22
|
|
| Bananas (1 lb) |
$1.22
€1.07
|
$0.51
ETB66.45
|
|
| Oranges (1 lb) |
$1.22
€1.07
|
$1.08
ETB141.49
|
|
| Tomatoes (1 lb) |
$1.80
€1.58
|
$0.39
ETB50.72
|
|
| Potatoes (1 lb) |
$0.95
€0.83
|
$0.31
ETB40.85
|
|
| Onions (1 lb) |
$1.46
€1.28
|
$0.79
ETB104.22
|
|
pay 57.1% less for transportation
|
Monaco
|
Addis Ababa
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.55
€7.50
|
$4.88
ETB640.34
|
|
| Monthly public transit pass |
$23.58
€20.70
|
$10.00
ETB1,312.25
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$46,276.05
€40,616.49
|
$25,000.00
ETB3,280,625.00
|
|
| Taxi trip in downtown area (5 miles) |
$20.36
€17.87
|
$3.67
ETB480.94
|
|
pay 13.0% less for housing
|
Monaco
|
Addis Ababa
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$61.09
€53.62
|
$171.17
ETB22,461.35
|
|
| 1-Bedroom apartment in downtown area |
$8,084.96
€7,096.17
|
$645.10
ETB84,653.25
|
|
| 1-Bedroom apartment outside city center |
$6,430.58
€5,644.12
|
$422.74
ETB55,474.35
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$235.04
€206.30
|
$124.84
ETB16,381.90
|
|
pay 46.6% less for childcare
|
Monaco
|
Addis Ababa
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$2,089.94
€1,834.34
|
$81.47
ETB10,691.33
|
|
| Middle school for 1 child, two semesters |
$42,736.55
€37,509.87
|
$43,916.67
ETB5,762,964.58
|
|
pay 74.3% less for entertainment and sports
|
Monaco
|
Addis Ababa
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$8.57
€7.53
|
$1.00
ETB131.22
|
|
| Cappuccino in mid-range area |
$6.62
€5.81
|
$1.15
ETB150.87
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.40
€11.76
|
$4.00
ETB524.90
|
|
| Monthly membership at local gym |
$515.79
€452.71
|
$90.59
ETB11,888.33
|
|
| Movie ticket to theater/cinema |
$12.86
€11.29
|
$6.70
ETB879.21
|
|
pay 50.9% less for clothing
|
Monaco
|
Addis Ababa
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$174.43
€153.10
|
$48.33
ETB6,342.54
|
|
|
Regular dress
from H&M or similar store
|
$75.29
€66.08
|
$75.17
ETB9,863.75
|
|
|
Running shoes
Nike or Adidas
|
$219.18
€192.37
|
$108.84
ETB14,282.89
|
|
| Men's business shoes (leather) |
$625.91
€549.36
|
$119.32
ETB15,657.99
|
|
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