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
€31.88
|
$6.00
ETB778.02
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.32
€9.96
|
$6.24
ETB808.54
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$5.61
€4.94
|
$0.78
ETB101.79
|
|
| Bottle of water (11 fl. oz) |
$8.77
€7.72
|
$0.50
ETB65.11
|
|
pay 52.5% less for groceries
|
Monaco
|
Ethiopia
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$5.69
€5.01
|
$1.20
ETB155.81
|
|
| Local cheese (8 oz) |
$11.39
€10.03
|
$4.85
ETB629.35
|
|
| Milk (1 gallon) |
$8.62
€7.59
|
$6.08
ETB788.22
|
|
|
Eggs
1 dozen
|
$5.55
€4.88
|
$2.65
ETB343.52
|
|
| Boneless chicken breast (1 lb) |
$8.45
€7.44
|
$5.65
ETB732.15
|
|
| Apples (1 lb) |
$2.57
€2.26
|
$3.30
ETB428.09
|
|
| Bananas (1 lb) |
$2.47
€2.18
|
$0.51
ETB65.66
|
|
| Oranges (1 lb) |
$1.98
€1.74
|
$1.08
ETB139.82
|
|
| Tomatoes (1 lb) |
$2.92
€2.57
|
$0.39
ETB50.12
|
|
| Potatoes (1 lb) |
$1.69
€1.49
|
$0.31
ETB40.36
|
|
| Onions (1 lb) |
$2.02
€1.78
|
$0.79
ETB102.98
|
|
pay 60.6% less for transportation
|
Monaco
|
Ethiopia
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.68
€7.64
|
$4.88
ETB632.76
|
|
| Monthly public transit pass |
$29.74
€26.19
|
$10.00
ETB1,296.71
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$49,160.43
€43,282.67
|
$25,000.00
ETB3,241,769.58
|
|
| Taxi trip in downtown area (5 miles) |
$21.44
€18.87
|
$3.67
ETB475.24
|
|
pay 47.4% less for housing
|
Monaco
|
Ethiopia
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$110.93
€97.66
|
$171.17
ETB22,195.32
|
|
| 1-Bedroom apartment in downtown area |
$9,401.30
€8,277.25
|
$645.10
ETB83,650.62
|
|
| 1-Bedroom apartment outside city center |
$6,591.34
€5,803.26
|
$422.74
ETB54,817.32
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$292.40
€257.44
|
$124.84
ETB16,187.87
|
|
pay 23.9% less for childcare
|
Monaco
|
Ethiopia
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$2,759.79
€2,429.82
|
$81.47
ETB10,564.70
|
|
| Middle school for 1 child, two semesters |
$29,406.50
€25,890.57
|
$43,916.67
ETB5,694,708.55
|
|
pay 75.0% less for entertainment and sports
|
Monaco
|
Ethiopia
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.11
€8.02
|
$1.00
ETB129.67
|
|
| Cappuccino in mid-range area |
$6.29
€5.54
|
$1.15
ETB149.08
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.06
€10.62
|
$4.00
ETB518.68
|
|
| Monthly membership at local gym |
$512.44
€451.17
|
$90.59
ETB11,747.52
|
|
| Movie ticket to theater/cinema |
$15.00
€13.21
|
$6.70
ETB868.79
|
|
pay 65.0% less for clothing
|
Monaco
|
Ethiopia
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$194.39
€171.15
|
$48.33
ETB6,267.42
|
|
|
Regular dress
from H&M or similar store
|
$75.16
€66.17
|
$75.17
ETB9,746.92
|
|
|
Running shoes
Nike or Adidas
|
$203.37
€179.05
|
$108.84
ETB14,113.72
|
|
| Men's business shoes (leather) |
$446.93
€393.49
|
$119.32
ETB15,472.54
|
|
Change currency:
Help us improve these prices
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Ethiopia or Monaco. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.