Ethiopia vs Monaco - Cost of Living Comparison

Updated:

Livingcost

Ethiopia Monaco
🚶 Cost of living one person
$1191
$6944
👨‍👩‍👧‍👦 Cost of living Family
$2876
$9843
🏠 One person rent
$701
$5875
🏘️ Family rent
$1147
$5937
🍽️ Food expenses
$306
$797
🚐 Transport expenses
$48.6
$65.2
💳 Monthly salary after tax
$162
$8089
💸 GDP per capita
$1134
$288K
😃 Human freedom index
4.7
8.7
❤️ Life expectancy
67.3
86.4
👮 Corruption perceptions index
38
82
🌐 English speaking %
0.2%
40%
🎓 Higher education
59
42
😀 Quality of life
22
87
🏙️ Population
132M
38.6K

The average cost of living in Ethiopia ($1191) is 83% less expensive than in Monaco ($6944). Ethiopia ranked 66th vs 1st for Monaco in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 0.1 months in Ethiopia compared to 1.2 months in Monaco. Ranked 176th and 22nd best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

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Prices in Ethiopia vs Monaco

We calculate prices for Ethiopia and Monaco as a population-weighted mean of 10 and 2 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 Monaco
Eating Out
🍱 Lunch Menu
$4.08
$20.9
🥂 Dinner in a Restaurant, for 2
$37.3
$101
🥪 Fast food meal, equiv. McDonald's
$6.46
$12.7
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$0.97
$9.89
 Cappuccino
$0.98
$4.42
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.63
$5.01
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$664
$7065
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$466
$5471
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1760
$7353
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$911
$6183
🔌 Utility Bill one person, electricity, heating, water, etc.
$93.3
$177
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$143
$272
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$102
$72
🏦 Mortgage Interest Rate for 20 Years
18.07%
2.92%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2106
$79918
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1374
$59787
Transportation
🚌 Local transport ticket
$0.4
$2.15
🎟️ Monthly ticket local transport
$9.87
$32.3
🚕 Taxi Ride, 8 km or 5 mi
$3.66
$25.8
 Gas / Petrol, 1 L or 0.26 gal
$1.03
$2.35
Groceries
🥛 Milk, 1 L or 1 qt
$1.28
$1.92
🍞 Bread, 0.5 kg or 1.1 lb
$1.14
$4.33
🍚 Rice, 1 kg or 2.2 lb
$2
$3.72
🥚 Eggs, x12
$1.99
$5.45
🧀 Cheese, 1 kg or 2.2 lb
$8.5
$18
🐔 Chicken Breast, 1 kg or 2.2 lb
$12
$17.7
🥩 Round Steak, 1 kg or 2.2 lb
$10.7
$19.2
🍏 Apples, 1 kg or 2.2 lb
$5.52
$4.04
🍌 Banana, 1 kg or 2.2 lb
$0.87
$3.53
🍊 Oranges, 1 kg or 2.2 lb
$2.32
$3.52
🍅 Tomato, 1 kg or 2.2 lb
$0.74
$3.72
🥔 Potato, 1 kg or 2.2 lb
$0.56
$3.06
🧅 Onion, 1 kg or 2.2 lb
$1.75
$2.97
🌊 Water, 1 L or 1 qt
$0.51
$3.1
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$0.62
$3.64
🍾 Wine (mid-priced), 750 mL bottle
$5.96
$12.2
🍺 Beer, 0.5 L or 16 fl oz
$0.81
$2.2
🚬 Cigarette pack
$5.1
$12.7
💊 Cold medicince, 1 week
$2.45
$18.5
🧴 Hair Shampoo
$0.99
$12
🧻 Toilet paper, 4 rolls
$0.42
$3.2
👄 Toothpaste, 1 tube
$0.57
$6.01
Other
🏋️ Gym Membership, 1 month
$50.1
$89.4
🎫 Cinema Ticket, 1 person
$4.02
$15.2
👩‍⚕️ Doctor's visit
$151
$86.5
💇 Haircut, simple
$2.02
$46.6
👖 Brand Jeans
$39.3
$110
👟 Brand Sneakers
$89.7
$122
👶 Daycare or Preschool, 1 month
$103
$2316
🏫 International Primary School, 1 year
$29962
$38754

Cost of living in other countries

Cost of living

Cities Comparison in Ethiopia vs Monaco

More countries to compare

Cost of Living in Popular cities

In Ethiopia

City Cost of living Population
Addis Ababa
$1269
5.7M
Awasa
$996
300K
Gondar
$1017
324K
Bahir Dar
$863
243K
Dire Dawa
$1156
277K
Mekelle
$810
324K
Dessie
$1022
188K
Jimma
$775
178K
Harar
$1153
157K
Jijiga
$1152
126K

In Monaco

City Cost of living Population
Monaco City
$7861
38.4K
Monte Carlo
$4626
15.2K