Ethiopia vs Iceland - Cost of Living Comparison

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Livingcost

Ethiopia Iceland
🚶 Cost of living one person
$876
$2518
👨‍👩‍👧‍👦 Cost of living Family
$2314
$5339
🏠 One person rent
$393
$1478
🏘️ Family rent
$886
$2369
🍽️ Food expenses
$353
$761
🚐 Transport expenses
$43.6
$83.9
💳 Monthly salary after tax
$178
$3501
💸 GDP per capita
$1028
$73467
😃 Human freedom index
5.2
8.73
❤️ Life expectancy
65
83.1
👮 Corruption perceptions index
37
72
🌐 English speaking %
0.2%
98%
🎓 Higher education
60
81
😀 Quality of life
15
92
🏙️ Population
105M
364K

The average cost of living in Ethiopia ($876) is 65% less expensive than in Iceland ($2518). Ethiopia ranked 100th vs 5th for Iceland in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 0.2 months in Ethiopia compared to 1.4 months in Iceland. Ranked 182nd and 10th best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Ethiopia vs Iceland infographic

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Prices in Ethiopia vs Iceland

We calculate prices for Ethiopia and Iceland as a population-weighted mean of 10 and 5 cities, respectively. Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information.

Ethiopia Iceland
Eating Out
🍱 Lunch Menu
$5.96
$20.7
🥂 Dinner in a Restaurant, for 2
$22
$114
🥪 Fast food meal, equiv. McDonald's
$6.22
$16.8
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$0.84
$10.2
 Cappuccino
$0.8
$4.88
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.63
$2.72
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$481
$1510
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$208
$1318
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1201
$2409
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$574
$2171
🔌 Utility Bill one person, electricity, heating, water, etc.
$99.6
$53.6
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$154
$82.3
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$32.8
$68.4
🏦 Mortgage Interest Rate for 20 Years
15.93%
6.82%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2110
$5442
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1350
$4321
Transportation
🚌 Local transport ticket
$0.41
$4.09
🎟️ Monthly ticket local transport
$12.5
$66.7
🚕 Taxi Ride, 8 km or 5 mi
$4.3
$26.1
 Gas / Petrol, 1 L or 0.26 gal
$1.16
$2.25
Groceries
🥛 Milk, 1 L or 1 qt
$1.3
$1.62
🍞 Bread, 0.5 kg or 1.1 lb
$0.9
$3.64
🍚 Rice, 1 kg or 2.2 lb
$1.83
$3.19
🥚 Eggs, x12
$2.57
$5.89
🧀 Cheese, 1 kg or 2.2 lb
$9.28
$14.9
🐔 Chicken Breast, 1 kg or 2.2 lb
$9.7
$18.5
🥩 Round Steak, 1 kg or 2.2 lb
$13.4
$29.5
🍏 Apples, 1 kg or 2.2 lb
$5.63
$2.99
🍌 Banana, 1 kg or 2.2 lb
$1.05
$2.16
🍊 Oranges, 1 kg or 2.2 lb
$2.35
$2.74
🍅 Tomato, 1 kg or 2.2 lb
$0.79
$4.51
🥔 Potato, 1 kg or 2.2 lb
$0.56
$2.86
🧅 Onion, 1 kg or 2.2 lb
$1.42
$1.83
🌊 Water, 1 L or 1 qt
$0.33
$1.33
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.07
$2.53
🍾 Wine (mid-priced), 750 mL bottle
$7.3
$19.4
🍺 Beer, 0.5 L or 16 fl oz
$0.95
$3.03
🚬 Cigarette pack
$4
$11.7
💊 Cold medicince, 1 week
$18.7
$11.6
🧴 Hair Shampoo
$11
$5.23
🧻 Toilet paper, 4 rolls
$4.83
$4.66
👄 Toothpaste, 1 tube
$2.49
$3.24
Other
🏋️ Gym Membership, 1 month
$63.4
$62
🎫 Cinema Ticket, 1 person
$4.79
$14.4
👩‍⚕️ Doctor's visit
$44.7
$82.9
💇 Haircut, simple
$7.95
$37.3
👖 Brand Jeans
$35.7
$106
👟 Brand Sneakers
$77.5
$144
👶 Daycare or Preschool, 1 month
$78.8
$245
🏫 International Primary School, 1 year
$3004
$6038

Cost of living in other countries

Cost of living

More countries to compare

Cost of Living in Popular cities

In Ethiopia

City Cost of living Population
Addis Ababa
$923
3.04M
Gondar
$885
324K
Awasa
$840
300K
Mekelle
$800
324K
Bahir Dar
$883
243K
Jimma
$871
178K
Dire Dawa
$705
277K
Dessie
$820
188K
Jijiga
$702
159K
Harar
$676
129K

In Iceland

City Cost of living Population
Reykjavik
$2723
140K
Kopavogur
$2304
39.8K
Hafnarfjorur
$2460
30.6K
Akureyri
$2011
19.9K
Keflavik
$2023
16.5K