Cost of living comparison
Ethiopia is 57.4% cheaper than Monaco overall.
- Restaurants
-
pay 77.2% less in Ethiopia
- Groceries
-
pay 52.5% less in Ethiopia
- Transportation
-
pay 60.6% less in Ethiopia
- Housing
-
pay 47.4% less in Ethiopia
- Childcare
-
pay 23.9% less in Ethiopia
- Entertainment and Sports
-
pay 75.0% less in Ethiopia
- Clothing
-
pay 65.0% less in Ethiopia
Expenses including restaurants, entertainment and sports, clothing, transportation, groceries, and housing are lower in Ethiopia.
If you lived in Ethiopia instead of Monaco, you would:
pay 77.2% less for restaurants
|
Monaco
|
Ethiopia
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$36.21
€34.52
|
$6.00
ETB766.29
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.32
€10.79
|
$6.24
ETB796.34
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$5.61
€5.34
|
$0.78
ETB100.26
|
|
| Bottle of water (11 fl. oz) |
$8.77
€8.35
|
$0.50
ETB64.13
|
|
pay 52.5% less for groceries
|
Monaco
|
Ethiopia
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$5.69
€5.43
|
$1.20
ETB153.46
|
|
| Local cheese (8 oz) |
$11.39
€10.85
|
$4.85
ETB619.86
|
|
| Milk (1 gallon) |
$8.62
€8.22
|
$6.08
ETB776.33
|
|
|
Eggs
1 dozen
|
$5.55
€5.29
|
$2.65
ETB338.34
|
|
| Boneless chicken breast (1 lb) |
$8.45
€8.05
|
$5.65
ETB721.10
|
|
| Apples (1 lb) |
$2.57
€2.45
|
$3.30
ETB421.63
|
|
| Bananas (1 lb) |
$2.47
€2.36
|
$0.51
ETB64.67
|
|
| Oranges (1 lb) |
$1.98
€1.88
|
$1.08
ETB137.71
|
|
| Tomatoes (1 lb) |
$2.92
€2.79
|
$0.39
ETB49.37
|
|
| Potatoes (1 lb) |
$1.69
€1.61
|
$0.31
ETB39.75
|
|
| Onions (1 lb) |
$2.02
€1.93
|
$0.79
ETB101.43
|
|
pay 60.6% less for transportation
|
Monaco
|
Ethiopia
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.68
€8.27
|
$4.88
ETB623.21
|
|
| Monthly public transit pass |
$29.74
€28.35
|
$10.00
ETB1,277.14
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$49,160.43
€46,857.42
|
$25,000.00
ETB3,192,860.00
|
|
| Taxi trip in downtown area (5 miles) |
$21.44
€20.43
|
$3.67
ETB468.07
|
|
pay 47.4% less for housing
|
Monaco
|
Ethiopia
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$110.93
€105.73
|
$171.17
ETB21,860.45
|
|
| 1-Bedroom apartment in downtown area |
$9,401.30
€8,960.88
|
$645.10
ETB82,388.56
|
|
| 1-Bedroom apartment outside city center |
$6,591.34
€6,282.56
|
$422.74
ETB53,990.27
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$292.40
€278.70
|
$124.84
ETB15,943.64
|
|
pay 23.9% less for childcare
|
Monaco
|
Ethiopia
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$2,759.79
€2,630.50
|
$81.47
ETB10,405.31
|
|
| Middle school for 1 child, two semesters |
$29,406.50
€28,028.89
|
$43,916.67
ETB5,608,790.73
|
|
pay 75.0% less for entertainment and sports
|
Monaco
|
Ethiopia
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.11
€8.68
|
$1.00
ETB127.71
|
|
| Cappuccino in mid-range area |
$6.29
€6.00
|
$1.15
ETB146.83
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.06
€11.49
|
$4.00
ETB510.86
|
|
| Monthly membership at local gym |
$512.44
€488.43
|
$90.59
ETB11,570.29
|
|
| Movie ticket to theater/cinema |
$15.00
€14.30
|
$6.70
ETB855.69
|
|
pay 65.0% less for clothing
|
Monaco
|
Ethiopia
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$194.39
€185.28
|
$48.33
ETB6,172.86
|
|
|
Regular dress
from H&M or similar store
|
$75.16
€71.64
|
$75.17
ETB9,599.87
|
|
|
Running shoes
Nike or Adidas
|
$203.37
€193.84
|
$108.84
ETB13,900.79
|
|
| Men's business shoes (leather) |
$446.93
€425.99
|
$119.32
ETB15,239.10
|
|
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