The Cost Of Living In Ethiopia 2021

The Cost Of Living In Ethiopia 2021
The Cost Of Living In Ethiopia 2021

In 2021, the cost of living in Ethiopia will be $1,095. This estimate is based on the average prices for housing, transportation, food, clothing, and healthcare. Despite being one of the poorest countries in the world, Ethiopia has seen a steady increase in the cost of living over the past few years. Housing is the most expensive expense, accounting for 43% of the total cost.

The Cost Of Living In Ethiopia 2021, despite being one of the poorest countries in the world, Ethiopia is home to some of the most expensive cities when it comes to tothe cost of living. Addis Ababa, the capital city, is among the most costly, with recent reports indicating that it is now more expensive than Nairobi, Kenya. This is due to various factors, including inflation, exchange rate fluctuations, and increasing prices of goods and services.

Table of Contents

The Cost Of Living In Ethiopia 2021

 

Restaurants

RestaurantsUS DollarBirr
Meal, Inexpensive Restaurant $3.10$146.48
Meal for 2 People, Mid-range Restaurant, Three-course $20.00$945.00
McMeal at McDonalds (or Equivalent Combo Meal)$3.44$162.54
Domestic Beer (0.5 liter draught) $0.75$35.44
Imported Beer (0.33 liter bottle) $1.03$48.67
Cappuccino (regular) $0.71$33.55
Coke/Pepsi (0.33 liter bottle) $0.48$22.68
Water (0.33 liter bottle) $0.33$15.59

 

Markets

MarketsUS DollarBirr
Milk (regular), (1 liter) $0.93$43.94
Loaf of Fresh White Bread (500g) $0.66$31.19
Rice (white), (1kg) $1.57$74.18
Eggs (regular) (12) $1.92$90.72
Local Cheese (1kg) $7.49 $353.90
Chicken Fillets (1kg) $7.57 $357.68
Beef Round (1kg) $8.94 $422.42
Apples (1kg) $3.37 $159.23
Banana (1kg) $0.88 $41.58
Oranges (1kg) $1.50 $70.88
Tomato (1kg) $0.75$35.44
Potato (1kg) $0.55$25.99
Onion (1kg) $0.81 $38.27
Lettuce (1 head) $0.45 $21.26
Water (1.5 liter bottle) $0.45 $21.26
Bottle of Wine (Mid-Range) $6.25$295.31
Domestic Beer (0.5 liter bottle) $0.92 $43.47
Imported Beer (0.33 liter bottle) $1.19 $56.23
Cigarettes 20 Pack (Marlboro) $2.89 $136.55

 

Transportation

Utilities (Monthly) US DollarBirr
Electricity, Heating, Cooling, Water, Garbage$147.74$6,980.72
1 min. of Prepaid Mobile$0.02$0.95
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) $395.88$187,05.33

 

Sports And Leisure

Sports And LeisureUS DollarBirr
Fitness Club, Monthly Fee for 1 Adult $43.64 $2061.99
Tennis Court Rent (1 Hour on Weekend) $22.28 $1052.73
Cinema, International Release, 1 Seat $3.30 $151.20

 

Childcare

ChildcareUS DollarBirr
Preschool / Kindergarten$96.07$4539.31
International Primary School, Yearly for 1 Child $23,750$1,122,187

 

Clothing And Shoes

Clothing And ShoesUS DollarBirr
1 Pair of Jeans (Levis 501 Or Similar)$24.62 $1163.30
1 Summer Dress in a Chain Store (Zara, H&M,)$60.62$2864.30
1 Pair of Nike Running Shoes (Mid-Range) $65.69$3103.85
1 Pair of Men Leather Business Shoes$46.03$2174.92

 

Rent Per Month

Rent Per MonthUS DollarBirr
Apartment (1 bedroom) in City Centre $334.60$15,809.85
Apartment (1 bedroom) Outside of Centre $155.61$2627.57
Apartment (3 bedrooms) in City Centre $1,630.77$77,053.88
Apartment (3 bedrooms) Outside of Centre $483.38$22,839.71

 

Buy Apartment Price

Buy Apartment PriceUS DollarBirr
Price per Square Meter to Buy Apartment in City Centre $1,378.61$65,139.32
Price per Square Meter to Buy Apartment Outside of Centre $813.67$38,445.91

 

Salaries And Financing

Salaries And FinancingUS DollarBirr
Average Monthly Net Salary (After Tax) $199.51 $9,426.85
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate $15.60$737.10

 

Since the cost of living in Ethiopia continues to rise, it is becoming increasingly difficult to afford necessities. Inflation has caused dramatically increased food, transportation, and housing prices, while wages have remained stagnant. As a result, many people are struggling to make ends meet. The government must address this problem. Otherwise, the social and economic stability of the country will be jeopardized.