Cost of living
Ethiopia compared to Iceland
🌍
Overview comparison
EthiopiaIceland
Consumer prices in Iceland are roughly 56% higher than in Ethiopia.
Cost of living
| Item | Ethiopia | Iceland |
|---|
| Total with rent one person | 802 | 2,964 |
|---|
| Total with rent family | 1,944 | 4,846 |
|---|
| Without rent one person | 438 | 959 |
|---|
| Without rent one family | 1,253 | 2,730 |
|---|
| Rent & Utilities person | 457.8 | 1,597.82 |
|---|
| Rent & Utilities family | 865.39 | 2,046.76 |
|---|
| Food person | 300 | 870 |
|---|
| Food family | 918 | 2,184 |
|---|
| Transport person | 44.01 | 77.85 |
|---|
| Transport family | 120.78 | 222.83 |
|---|
| Life expectancy | 67.6 years | 82.81 years |
|---|
Eating Out
| Item | Ethiopia | Iceland |
|---|
| Lunch Menu | 4.88 | 17.65 |
|---|
| Dinner in a Restaurant, for 2 | 26.4 | 129.25 |
|---|
| Fast food meal, equiv. McDonald's | 6.49 | 18.5 |
|---|
| Beer in a Pub, 0.5 L or 16 fl oz | 0.92 | 12.12 |
|---|
| Cappuccino | 1 | 4.5 |
|---|
| Pepsi / Coke, 0.5 L or 16.9 fl oz | 0.65 | 3.66 |
|---|
Rent & Utilities
| Item | Ethiopia | Iceland |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 507.05 | 1,800.05 |
|---|
| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 328.71 | 1,312.55 |
|---|
| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,633.17 | 2,314.52 |
|---|
| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 715.91 | 2,843.64 |
|---|
| Utility Bill one person, electricity, heating, water, etc. | 111.57 | 44.71 |
|---|
| Utility Bill for a Family, electricity, heating, water, etc. | 130.7 | 67.33 |
|---|
| Internet plan, 25 Mbps+ 1 month unlimited | 14.37 | 76.76 |
|---|
Transportation
| Item | Ethiopia | Iceland |
|---|
| Local transport ticket | 12.96 | 7.78 |
|---|
| Gas / Petrol, 1 L or 0.26 gal | 0.42 | 5.47 |
|---|
| Mortgage Interest Rate for 20 Years | 8% | 12.46% |
|---|
| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 3.15 | 22.8 |
|---|
| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.35 | 2.33 |
|---|
Groceries
| Item | Ethiopia | Iceland |
|---|
| Milk, 1 L or 1 qt | 1.37 | 1.83 |
|---|
| Bread, 0.5 kg or 1.1 lb | 1.22 | 3.36 |
|---|
| Eggs, x12 | 2.2 | 6.58 |
|---|
| Cheese, 1 kg or 2.2 lb | 9.36 | 14.12 |
|---|
| Chicken Breast, 1 kg or 2.2 lb | 14.54 | 15.81 |
|---|
| Round Steak, 1 kg or 2.2 lb | 16.05 | 40.5 |
|---|
| Banana, 1 kg or 2.2 lb | 1.23 | 2.45 |
|---|
| Water, 1 L or 1 qt | 0.33 | 1.36 |
|---|
Other
| Item | Ethiopia | Iceland |
|---|
| Gym Membership, 1 month | 77.57 | 76.37 |
|---|
| Cinema Ticket, 1 person | 7.93 | 16.72 |
|---|
| Doctors visit | 12.23 | 93.82 |
|---|
| Haircut, simple | 2.31 | 51.01 |
|---|
| Brand Jeans | 37.97 | 119.07 |
|---|
| Brand Sneakers | 110.41 | 169.8 |
|---|
| Daycare or Preschool, 1 month | 71.88 | 220.27 |
|---|
| International Primary School, 1 year | 3,954 | 6,414 |
|---|
