Cost of living in Iceland compared to Ethiopia
Currency:
Food | + 168% | |||
---|---|---|---|---|
Food in Iceland is 168% more expensive than in Ethiopia | ||||
Iceland | Ethiopia | Diff | ||
Basic lunchtime menu (including a drink) in the business district | 5,459 kr (2,271 Birr) | 604 Birr | + 276% | |
Combo meal in fast food restaurant (big mac meal or similar) | 2,999 kr (1,248 Birr) | 333 Birr | + 275% | |
500 gr (1 lb.) of boneless chicken breast | 1,493 kr (621 Birr) | 391 Birr | + 59% | |
1 liter (1 qt.) of whole fat milk | 236 kr (98 Birr) | 107 Birr | - 9% | |
12 eggs, large | 1,045 kr (434 Birr) | 156 Birr | + 178% | |
1 kg (2 lb.) of tomatoes | 666 kr (277 Birr) | 54 Birr | + 413% | |
500 gr (16 oz.) of local cheese | 1,713 kr (712 Birr) | 317 Birr | + 125% | |
1 kg (2 lb.) of apples | 399 kr (166 Birr) | 254 Birr | - 35% | |
1 kg (2 lb.) of potatoes | 468 kr (195 Birr) | 113 Birr | + 72% | |
0.5 l (16 oz) domestic beer in the supermarket | 699 kr (291 Birr) | 138 Birr | + 110% | |
1 bottle of red table wine, good quality | 3,728 kr (1,551 Birr) | 168 Birr | + 825% | |
2 liters of coca-cola | 396 kr (165 Birr) | 62 Birr | + 164% | |
Bread for 2 people for 1 day | 589 kr (245 Birr) | 81 Birr | + 204% | |
Housing | + 205% | |||
Housing in Iceland is 205% more expensive than in Ethiopia | ||||
Iceland | Ethiopia | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 337,107 kr (140,225 Birr) | 81,729 Birr | + 72% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 238,569 kr (99,236 Birr) | 59,759 Birr | + 66% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 222,135 kr (92,400 Birr) | 5,660 Birr | + 1533% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 246,021 kr (102,336 Birr) | 53,015 Birr | + 93% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 155,625 kr (64,735 Birr) | 28,558 Birr | + 127% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 62,145 kr (25,850 Birr) | 4,458 Birr | + 480% | |
Internet 8 mbps (1 month) | 21,072 kr (8,765 Birr) | 981 Birr | + 793% | |
40” flat screen tv | 150,515 kr (62,609 Birr) | 36,043 Birr | + 74% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 24,394 kr (10,147 Birr) | 12,406 Birr | - 18% | |
Laundry detergent (3 l. ~ 100 oz.) | 3,236 kr (1,346 Birr) | 260 Birr | + 418% | |
Hourly rate for cleaning help | 7,154 kr (2,976 Birr) | - | - | |
Clothes | + 263% | |||
Clothes in Iceland is 263% more expensive than in Ethiopia | ||||
Iceland | Ethiopia | Diff | ||
1 pair of jeans (levis 501 or similar) | 16,280 kr (6,772 Birr) | 2,750 Birr | + 146% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | 18,714 kr (7,784 Birr) | 1,748 Birr | + 345% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | 26,530 kr (11,035 Birr) | 4,965 Birr | + 122% | |
1 pair of men’s leather business shoes | 35,893 kr (14,930 Birr) | 2,469 Birr | + 505% | |
Transportation | + 28% | |||
Transportation in Iceland is 28% more expensive than in Ethiopia | ||||
Iceland | Ethiopia | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 6,086,940 kr (2,531,955 Birr) | 1,800,000 Birr | + 41% | |
1 liter (1/4 gallon) of gas | 313 kr (130 Birr) | 78 Birr | + 66% | |
Monthly ticket public transport | 16,297 kr (6,779 Birr) | - | - | |
Personal Care | - 1% | |||
Personal Care in Iceland is about the same as in Ethiopia | ||||
Iceland | Ethiopia | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 2,500 kr (1,040 Birr) | 1,000 Birr | + 4% | |
1 box of antibiotics (12 doses) | 3,085 kr (1,283 Birr) | 3,000 Birr | - 57% | |
Short visit to private doctor (15 minutes) | 19,528 kr (8,123 Birr) | 2,574 Birr | + 216% | |
1 box of 32 tampons (tampax, ob, ...) | 750 kr (312 Birr) | 60 Birr | + 420% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | 665 kr (277 Birr) | 466 Birr | - 41% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 948 kr (394 Birr) | 622 Birr | - 37% | |
4 rolls of toilet paper | 863 kr (359 Birr) | 336 Birr | + 7% | |
Tube of toothpaste | 577 kr (240 Birr) | 147 Birr | + 63% | |
Standard men's haircut in expat area of the city | 6,596 kr (2,744 Birr) | 565 Birr | + 385% | |
Entertainment | + 95% | |||
Entertainment in Iceland is 95% more expensive than in Ethiopia | ||||
Iceland | Ethiopia | Diff | ||
Basic dinner out for two in neighborhood pub | 12,694 kr (5,280 Birr) | 2,970 Birr | + 78% | |
2 tickets to the movies | 5,796 kr (2,411 Birr) | 295 Birr | + 716% | |
2 tickets to the theater (best available seats) | 17,961 kr (7,471 Birr) | - | - | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 18,942 kr (7,879 Birr) | 2,690 Birr | + 193% | |
1 cocktail drink in downtown club | 3,082 kr (1,282 Birr) | 363 Birr | + 253% | |
Cappuccino in expat area of the city | 697 kr (290 Birr) | 123 Birr | + 136% | |
1 beer in neighbourhood pub (500ml or 1pt.) | 1,183 kr (492 Birr) | 72 Birr | + 587% | |
Ipad wi-fi 128gb | 179,000 kr (74,458 Birr) | - | - | |
1 min. of prepaid mobile tariff (no discounts or plans) | - | - | - | |
1 month of gym membership in business district | 38,993 kr (16,220 Birr) | 2,509 Birr | + 546% | |
1 package of marlboro cigarettes | 1,775 kr (738 Birr) | 2,035 Birr | - 64% | |
TOTAL | + 115% |
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 510 prices entered by 69 different people.
These prices were last updated on March 01, 2024.
Exchange rate:
0.41597
ETB
/
ISK
Cost of living in Iceland is 115% more expensive than in Ethiopia
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