Quick Answer: How much is the cost of living in Ethiopia?

Restaurants Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 131.70$

How much is the average salary in Ethiopia?

Average Salary / Ethiopia. Average salary in Ethiopia is 665,105 ETB per year. The most typical earning is 280,483 ETB. All data are based on 322 salary surveys.

How much money do you need in Ethiopia?

You should plan to spend around ETB1,215 ($28) per day on your vacation in Ethiopia, which is the average daily price based on the expenses of other visitors. Past travelers have spent, on average, ETB291 ($6.77) on meals for one day and ETB97 ($2.26) on local transportation.

How much is food in Addis?

While meal prices in Addis Ababa can vary, the average cost of food in Addis Ababa is ETB390 per day. Based on the spending habits of previous travelers, when dining out an average meal in Addis Ababa should cost around ETB156 per person. Breakfast prices are usually a little cheaper than lunch or dinner.

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How much does rent cost in Addis Ababa?

List of prices in Addis Ababa Current as of Jun 2021.

Food [Edit]
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area 25,183 Birr
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area 17,741 Birr
Utilities 1 month (heating, electricity, gas …) for 1 person in 45 m2 (480 sqft) studio 2,284 Birr

Which job is best in Ethiopia?

  1. Surgeons / Doctors. Salary Range: from 16,200 ETB to 51,600 ETB. …
  2. Judges. Salary Range: from 13,600 ETB to 43,400 ETB. …
  3. Lawyers. Salary Range: from 11,000 ETB to 35,100 ETB. …
  4. Bank Managers. Salary Range: from 10,400 ETB to 33,000 ETB. …
  5. Chief Executive Officers. …
  6. Chief Financial Officers. …
  7. Orthodontists. …
  8. College Professors.

Is Ethiopia rich or poor?

With more than 112 million people (2019), Ethiopia is the second most populous nation in Africa after Nigeria, and the fastest growing economy in the region. However, it is also one of the poorest, with a per capita income of $850.

How much is rent in Ethiopia?

Cost of Living Averages Table for Ethiopia

Average Restaurant Prices
Average Rent Prices
Apartment (1 bedroom) in City Center $498.73
Apartment (1 bedroom) Outside of Center $288.16
Apartment (3 bedrooms) in City Center $2090.00

Is Addis Ababa expensive?

A single person estimated monthly costs are 823$ without rent. … Addis Ababa is 43.37% less expensive than New York (without rent). Rent in Addis Ababa is, on average, 82.94% lower than in New York.

Can I use US dollars in Ethiopia?

As with many African countries the US dollar is the preferred foreign currency in Ethiopia although the euro is also very easy to exchange. … According to National Bank of Ethiopia regulations, all bills in Ethiopia must be paid in birr.

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Is Addis Ababa a good place to live?

The local pace of life and pleasant climate are well suited to families and professionals, and the stunning scenery and vibrant culture make Addis Ababa a great place for expats to live.

How dangerous is Addis Ababa?

Violent crime in Addis Ababa is fortunately rare, particularly where visitors are concerned. However, petty theft and confidence tricks are problematic. The Merkato has the worst reputation for pickpockets – targeting foreigners and Ethiopians. … Don’t let any of this scare you, though – Addis is generally very safe.

Is it cheaper to live in Ethiopia?

A single person estimated monthly costs are 711$ without rent. Cost of living in Ethiopia is, on average, 30.60% lower than in United States. Rent in Ethiopia is, on average, 61.52% lower than in United States.

Cost of Living in Ethiopia.

Restaurants Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 131.70$

Can foreigners buy property in Ethiopia?

Foreigners may not own freehold land in Ethiopia. Ethiopian citizens may own land in freehold. However, most of the land is only available on leases. … Foreigners can acquire an interest in Improved Property with a lease with terms of between 33 and 99 years.

Why is it so expensive in Ethiopia?

The Ethiopian Revenues and Customs Authority says both commercial and private vehicles imported into the country can be subjected to five different types of taxes. … Once all taxes are added to an imported car’s price tag, it could cost nearly three times more than the retail price in its country of origin.

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Is Ethiopia a good country to live?

There are many expats working in Ethiopia, the pay is quite good, the standard of living is high and it is a relatively safe country.

Hai Afrika!