Published: Monday, 21th October 2024
The cost of living in Cabo Verde is 6.75 times more expensive as compared to Ethiopia.
On this page, you will find side-by-side cost comparison between Cabo Verde and Ethiopia. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Cabo Verde and Ethiopia.
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 Indicators  | Cabo Verde  | Ethiopia  |
|---|---|---|
1 BHK Apartment in City Center  | 50,000 CVE (500 USD) | 10,000 ETB (180 USD) |
2 BHK Apartment in City Center  | 80,000 CVE (800 USD) | 20,000 ETB (360 USD) |
3 BHK Apartment in City Center  | 120,000 CVE (1,200 USD) | 30,000 ETB (540 USD) |
1 BHK Apartment outside City Center  | 30,000 CVE (300 USD) | 7,000 ETB (126 USD) |
2 BHK Apartment outside City Center  | 50,000 CVE (500 USD) | 15,000 ETB (270 USD) |
3 BHK Apartment outside City Center  | 80,000 CVE (800 USD) | 25,000 ETB (450 USD) |
Mortgage Rates Per Month  | 5 % | 6 % |
Realtor Commission  | 3 % | 2 % |
Property Taxes  | 0.25 to 0.5 % | Yet to Update |
The average housing cost in Cabo Verde is 2.21 times more expensive than Ethiopia.
Indicators | Cabo Verde | Ethiopia |
|---|---|---|
Basic Home Furnishing  | 30,000 CVE (300 USD) | 50,000 ETB (900 USD) |
Electricity Cost Per Month  | 7,000 CVE (70 USD) | 1,500 ETB (27 USD) |
Heating Cost Per Month  | 6,000 CVE (60 USD) | 1,200 ETB (21.60 USD) |
Cooling Cost Per Month  | 5,000 CVE (50 USD) | 800 ETB (14.40 USD) |
Water Supply Cost Per Month  | 5,000 CVE (50 USD) | 600 ETB (10.80 USD) |
If you lived in Cabo Verde, instead of Ethiopia, you would have to pay 45.57% less for Utilities.
The basic home furnishing in Cabo Verde costs 3.00 times less compared to Ethiopia.
Indicators | Cabo Verde | Ethiopia |
|---|---|---|
Standard Wifi Cost Per Month  | 8,000 CVE (80 USD) | 1,000 ETB (18 USD) |
Mobile Phone Basic Plan Cost Per Month  | 3,500 CVE (35 USD) | 300 ETB (5.40 USD) |
Landline Basic Plan Cost Per Month  | 4,000 CVE (40 USD) | 500 ETB (9 USD) |
Cable TV Basic Plan Cost Per Month  | 6,000 CVE (60 USD) | 800 ETB (14.40 USD) |
The internet and communication costs 359.40% more in Cabo Verde compared to Ethiopia.
Indicators | Cabo Verde | Ethiopia |
|---|---|---|
Long Grain Rice (1 KG)  | 1,800 CVE (18 USD) | 15 ETB (0.27 USD) |
Milk (1 Liter)  | 1,000 CVE (10 USD) | 10 ETB (0.18 USD) |
Water (1 Liter)  | 300 CVE (3 USD) | 3 ETB (0.05 USD) |
Bread (500 gm)  | 400 CVE (4 USD) | 8 ETB (0.14 USD) |
Eggs (1 Dozen)  | 1,200 CVE (12 USD) | 12 ETB (0.22 USD) |
Cheese (1 KG)  | 2,500 CVE (25 USD) | 30 ETB (0.54 USD) |
Chicken Breast (1 KG)  | 2,000 CVE (20 USD) | 25 ETB (0.45 USD) |
In Cabo Verde, the cost of 1 Liter Water and 1 Liter Milk is 55.56 times more expensive than the cost in Ethiopia.
If you lived in Cabo Verde, instead of Ethiopia, you would have to pay 4862.24% more for Groceries.
Indicators | Cabo Verde | Ethiopia |
|---|---|---|
Apples (1 KG)  | 1,200 CVE (12 USD) | 15 ETB (0.27 USD) |
Bananas (1 KG)  | 700 CVE (7 USD) | 10 ETB (0.18 USD) |
Oranges (1 KG)  | 900 CVE (9 USD) | 12 ETB (0.22 USD) |
Tomatoes (1 KG)  | 800 CVE (8 USD) | 15 ETB (0.27 USD) |
Potatoes (1 KG)  | 600 CVE (6 USD) | 10 ETB (0.18 USD) |
Lemons (1 KG)  | 1,200 CVE (12 USD) | 15 ETB (0.27 USD) |
Onions (1 KG)  | 700 CVE (7 USD) | 12 ETB (0.22 USD) |
Lentils (1 KG)  | 1,900 CVE (19 USD) | 15 ETB (0.27 USD) |
If you lived in Cabo Verde, instead of Ethiopia, you would have to pay 42.74 times more for Fruits and Vegetables.
Indicators | Cabo Verde | Ethiopia |
|---|---|---|
Meal at a Resonable Restaurant  | 2,500 CVE (25 USD) | 60 ETB (1.08 USD) |
Three-Course Meal for Two  | 7,000 CVE (70 USD) | 150 ETB (2.70 USD) |
Fast Food Combo Meal  | 1,500 CVE (15 USD) | 30 ETB (0.54 USD) |
Normal Coffee  | 300 CVE (3 USD) | 15 ETB (0.27 USD) |
Soft Drink  | 200 CVE (2 USD) | 10 ETB (0.18 USD) |
Pizza for One  | 2,500 CVE (25 USD) | 150 ETB (2.70 USD) |
Take-Out Delivery Meal  | 2,000 CVE (20 USD) | 100 ETB (1.80 USD) |
Cigarette Pack of 20  | 800 CVE (8 USD) | 50 ETB (0.90 USD) |
Dining-Out costs 1551.92% more in Cabo Verde compared to Ethiopia.
Indicators | Cabo Verde | Ethiopia |
|---|---|---|
Wine Mid-Range Bottle  | 3,000 CVE (30 USD) | 150 ETB (2.70 USD) |
Glass of Wine  | 1,000 CVE (10 USD) | 80 ETB (1.44 USD) |
Domestic Beer Half Liter  | 500 CVE (5 USD) | 20 ETB (0.36 USD) |
Imported Beer Half Liter  | 700 CVE (7 USD) | 30 ETB (0.54 USD) |
Domestic Alcohol 1 Liter  | 2,000 CVE (20 USD) | 100 ETB (1.80 USD) |
Branded Alcohol 1 Liter  | 3,500 CVE (35 USD) | 200 ETB (3.60 USD) |
If you lived in Cabo Verde, instead of Ethiopia, you would have to pay 10.25 times more for usual hard drinks.
Indicators | Cabo Verde | Ethiopia |
|---|---|---|
Monthly Public Transportation Pass  | 5,000 CVE (50 USD) | 200 ETB (3.60 USD) |
Single Public Transportation Ticket  | 150 CVE (1.50 USD) | 15 ETB (0.27 USD) |
Single Train Ticket  | Yet to Update () | 7,500 ETB (135 USD) |
Domestic Airplane Ticket  | 15,000 CVE (150 USD) | Yet to Update () |
Taxi Start Fare  | 300 CVE (3 USD) | 30 ETB (0.54 USD) |
Taxi Rate Per Kilometer  | 200 CVE (2 USD) | 10 ETB (0.18 USD) |
Car Rental Per Day  | 10,000 CVE (100 USD) | 1,500 ETB (27 USD) |
Parking Fees in City Center Per Hour  | 200 CVE (2 USD) | 20 ETB (0.36 USD) |
Parking Fees outside City Center Per Hour  | 100 CVE (1 USD) | 10 ETB (0.18 USD) |
If you lived in Cabo Verde, instead of Ethiopia, you would have to pay 1.85 times more for transportation.
Indicators | Cabo Verde | Ethiopia |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 3,000,000 CVE (30,000 USD) | 100,000 ETB (1,800 USD) |
Vehicle Registration Cost  | 30,000 CVE (300 USD) | 2,000 ETB (36 USD) |
Driving License Fees  | 10,000 CVE (100 USD) | 500 ETB (9 USD) |
Car Insurance Cost  | 50,000 CVE (500 USD) | 5,000 ETB (90 USD) |
Car Maintenance Cost  | 20,000 CVE (200 USD) | 1,000 ETB (18 USD) |
Car Loan Interest Rates  | 6 % | 10 % |
Fuel Per Liter  | 150 CVE (1.50 USD) | 15 ETB (0.27 USD) |
Fuel Per Gallon  | 600 CVE (6 USD) | 60 ETB (1.08 USD) |
Average Toll Fees  | Yet to Update | Yet to Update |
You would have to pay 15.92 times more for Vehicle purchase, daily operation and maintenance in Cabo Verde compared to that of Ethiopia.
Indicators | Cabo Verde | Ethiopia |
|---|---|---|
Doctor Visit  | 2,500 CVE (25 USD) | 200 ETB (3.60 USD) |
Specialist Visit  | 5,000 CVE (50 USD) | 300 ETB (5.40 USD) |
Dentist Visit  | 4,000 CVE (40 USD) | 250 ETB (4.50 USD) |
Eye Exam  | 2,000 CVE (20 USD) | 150 ETB (2.70 USD) |
Mental Health Counseling  | 5,000 CVE (50 USD) | 200 ETB (3.60 USD) |
Preventive Health Screening  | 3,000 CVE (30 USD) | 80 ETB (1.44 USD) |
Physical Therapy  | 3,000 CVE (30 USD) | 150 ETB (2.70 USD) |
Emergency Room Visit  | 5,000 CVE (50 USD) | 300 ETB (5.40 USD) |
Hospital Stay Per Night  | 10,000 CVE (100 USD) | 800 ETB (14.40 USD) |
Vaccinations  | 2,000 CVE (20 USD) | 50 ETB (0.90 USD) |
Prescription Medication  | 1,000 CVE (10 USD) | 100 ETB (1.80 USD) |
Over the Counter Medication  | 600 CVE (6 USD) | 50 ETB (0.90 USD) |
Health Insurance Premiums  | 20,000 CVE (200 USD) | 1,000 ETB (18 USD) |
Health Insurance Deductibles  | 10,000 CVE (100 USD) | 500 ETB (9 USD) |
If you lived in Cabo Verde, instead of Ethiopia, you would have to pay 9.83 times more for Health and Medical Treatment.
Indicators | Cabo Verde | Ethiopia |
|---|---|---|
Cosmetic Procedures  | 15,000 CVE (150 USD) | 1,000 ETB (18 USD) |
Spa Treatment  | 8,000 CVE (80 USD) | 500 ETB (9 USD) |
Manicure Pedicure Cost  | 2,500 CVE (25 USD) | 150 ETB (2.70 USD) |
Optical Glasses Cost  | 5,000 CVE (50 USD) | 300 ETB (5.40 USD) |
Contact Lenses Cost  | 3,000 CVE (30 USD) | 150 ETB (2.70 USD) |
Haircuts  | 1,000 CVE (10 USD) | 100 ETB (1.80 USD) |
Hair Coloring  | 2,500 CVE (25 USD) | 150 ETB (2.70 USD) |
Shampoo Price  | 400 CVE (4 USD) | 15 ETB (0.27 USD) |
Toothpaste Price  | 200 CVE (2 USD) | 10 ETB (0.18 USD) |
If you lived in Cabo Verde, instead of Ethiopia, you would have to pay 8.80 times more for Personal Care Items and Treatment.
Indicators | Cabo Verde | Ethiopia |
|---|---|---|
Pair of Nike Running Shoes  | 20,000 CVE (200 USD) | 2,000 ETB (36 USD) |
Men's Shirt  | 4,000 CVE (40 USD) | 600 ETB (10.80 USD) |
Women's Dress  | 7,000 CVE (70 USD) | 1,500 ETB (27 USD) |
Summer Dress  | 5,000 CVE (50 USD) | 800 ETB (14.40 USD) |
Men's Suit  | 40,000 CVE (400 USD) | 8,000 ETB (144 USD) |
Men's Jeans  | 6,000 CVE (60 USD) | 1,200 ETB (21.60 USD) |
Women's Jeans  | 5,000 CVE (50 USD) | 1,000 ETB (18 USD) |
Men's Formal Shoes  | 12,000 CVE (120 USD) | 2,000 ETB (36 USD) |
Women's Formal Shoes  | 10,000 CVE (100 USD) | 1,500 ETB (27 USD) |
Men's Casual Shoes  | 8,000 CVE (80 USD) | 1,500 ETB (27 USD) |
Women's Casual Shoes  | 6,000 CVE (60 USD) | 1,200 ETB (21.60 USD) |
Underwear For Men  | 1,000 CVE (10 USD) | 200 ETB (3.60 USD) |
Underwear For Women  | 1,000 CVE (10 USD) | 200 ETB (3.60 USD) |
Socks For Men  | 400 CVE (4 USD) | 50 ETB (0.90 USD) |
Socks For Women  | 400 CVE (4 USD) | 50 ETB (0.90 USD) |
Wintercoat for Adults  | 15,000 CVE (150 USD) | 1,500 ETB (27 USD) |
Sportswear  | 8,000 CVE (80 USD) | 1,000 ETB (18 USD) |
If you lived in Cabo Verde, instead of Ethiopia, you would have to pay 3.40 times more for Clothing and Footwear for Adults.
Indicators | Cabo Verde | Ethiopia |
|---|---|---|
Children's Jeans  | 3,000 CVE (30 USD) | 600 ETB (10.80 USD) |
Children's Normal Sneakers  | 4,000 CVE (40 USD) | 800 ETB (14.40 USD) |
Children's Winter Coat  | 5,000 CVE (50 USD) | 1,000 ETB (18 USD) |
Daycare for Infant  | 40,000 CVE (400 USD) | 3,000 ETB (54 USD) |
Daycare for Toddler  | 35,000 CVE (350 USD) | 2,500 ETB (45 USD) |
Childcare for Sick Days  | 12,000 CVE (120 USD) | 400 ETB (7.20 USD) |
Early Childhood Education Programs  | 60,000 CVE (600 USD) | 1,500 ETB (27 USD) |
Extra Curricular Activities  | 20,000 CVE (200 USD) | 500 ETB (9 USD) |
Summer Camp for Kids  | 50,000 CVE (500 USD) | 1,000 ETB (18 USD) |
If you lived in Cabo Verde, instead of Ethiopia, you would have to pay 11.26 times more for Childcare and kids clothing.
Indicators | Cabo Verde | Ethiopia |
|---|---|---|
PreSchool Fees  | 30,000 CVE (300 USD) | 2,000 ETB (36 USD) |
Primary School Fees  | 50,000 CVE (500 USD) | 10,000 ETB (180 USD) |
Secondary School Fees  | 70,000 CVE (700 USD) | 12,000 ETB (216 USD) |
Private School Fees  | 150,000 CVE (1,500 USD) | 15,000 ETB (270 USD) |
University Tuition Fees  | 250,000 CVE (2,500 USD) | 25,000 ETB (450 USD) |
University Private Tuition Fees  | 400,000 CVE (4,000 USD) | 35,000 ETB (630 USD) |
After School Activities  | 20,000 CVE (200 USD) | 500 ETB (9 USD) |
Special Education Services  | 30,000 CVE (300 USD) | 800 ETB (14.40 USD) |
Tutoring  | 25,000 CVE (250 USD) | 800 ETB (14.40 USD) |
Textbooks Cost  | 15,000 CVE (150 USD) | 200 ETB (3.60 USD) |
School Supplies  | 8,000 CVE (80 USD) | 100 ETB (1.80 USD) |
If you lived in Cabo Verde, instead of Ethiopia, you would have to pay 5.74 times more for school and education.
Indicators | Cabo Verde | Ethiopia |
|---|---|---|
Movie Ticket (Single)  | 1,000 CVE (10 USD) | 20 ETB (0.36 USD) |
Theater Ticket (Single)  | 2,500 CVE (25 USD) | 50 ETB (0.90 USD) |
Concert Ticket (Single)  | 4,000 CVE (40 USD) | 70 ETB (1.26 USD) |
Sports Event Ticket (Single)  | 3,000 CVE (30 USD) | 100 ETB (1.80 USD) |
Gym Membership  | 5,000 CVE (50 USD) | 200 ETB (3.60 USD) |
Swimming Pool Access  | 4,000 CVE (40 USD) | 150 ETB (2.70 USD) |
Museum Entry Ticket  | 800 CVE (8 USD) | 20 ETB (0.36 USD) |
Zoo Entry Ticket  | 1,000 CVE (10 USD) | 30 ETB (0.54 USD) |
Amusement Park Entry Ticket  | 2,500 CVE (25 USD) | 60 ETB (1.08 USD) |
Bowling  | 1,500 CVE (15 USD) | 30 ETB (0.54 USD) |
Mini Golf  | 1,200 CVE (12 USD) | 20 ETB (0.36 USD) |
Video Games  | 7,000 CVE (70 USD) | 150 ETB (2.70 USD) |
Streaming Services  | 4,000 CVE (40 USD) | 20 ETB (0.36 USD) |
Outdoor Equipment Rental  | 1,500 CVE (15 USD) | 30 ETB (0.54 USD) |
Theme Park Annual Pass  | 20,000 CVE (200 USD) | 1,000 ETB (18 USD) |
If you lived in Cabo Verde, instead of Ethiopia, you would have to pay 16.81 times more for entertainment, recreation and fun activities.
Indicators | Cabo Verde | Ethiopia |
|---|---|---|
Language Classes  | 25,000 CVE (250 USD) | 500 ETB (9 USD) |
Parenting Classes  | 15,000 CVE (150 USD) | 300 ETB (5.40 USD) |
Art Classes  | 2,500 CVE (25 USD) | 80 ETB (1.44 USD) |
Fitness Classes  | 1,500 CVE (15 USD) | 20 ETB (0.36 USD) |
Music Lessons  | 3,000 CVE (30 USD) | 40 ETB (0.72 USD) |
Dance Lessons  | 3,000 CVE (30 USD) | 50 ETB (0.90 USD) |
Reading Materials for Classes  | 1,000 CVE (10 USD) | 20 ETB (0.36 USD) |
Educational Software  | 18,000 CVE (180 USD) | 200 ETB (3.60 USD) |
If you lived in Cabo Verde, instead of Ethiopia, you would have to pay 31.68 times more for Private Classes.
Indicators | Cabo Verde | Ethiopia |
|---|---|---|
Average Gross Monthly Salary  | 80,000 CVE (800 USD) | 15,000 ETB (270 USD) |
Average Net Monthly Salary  | 70,000 CVE (700 USD) | 10,000 ETB (180 USD) |
Minimum Wages  | 1,333.33 CVE per hour (13.33 USD) | 66.67 ETB per hour (1.20 USD) |
Average Bonus  | 20,000 CVE (200 USD) | 1,000 ETB (18 USD) |
Income Tax Rate  | 0 to 15 % | 0 to 15 % |
Social Security Contributions  | 10 % | 7 % |
Pension Contributions  | 8 % | 5 % |
Cost of Living Index  | 60 | 70 |
Median Household Income  | 150,000 CVE (1,500 USD) | 12,000 ETB (216 USD) |
If you lived in Cabo Verde, you would earn 4.69 times more salary as compared to Ethiopia.
Indicators | Cabo Verde | Ethiopia |
|---|---|---|
Legal Consultation Per Hour Rate  | 7,000 CVE (70 USD) | 300 ETB (5.40 USD) |
Accounting Services Per Hour Rate  | 5,000 CVE (50 USD) | 250 ETB (4.50 USD) |
IT Support Services Per Hour Rate  | 6,000 CVE (60 USD) | 200 ETB (3.60 USD) |
Technician Services Per Hour Rate  | 6,500 CVE (65 USD) | 250 ETB (4.50 USD) |
Professional Services cost 13.61 times more in Cabo Verde, as compared to Ethiopia.
We hope you enjoyed the detailed guide on the cost of living comparsion between Cabo Verde and Ethiopia.
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