Home Price & Cost of Living Comparison
Addis Ababa is 90% more affordable for homebuyers. Addis Ababa has a price-to-income ratio of 7.2x compared to 7.8x in Washington DC.
| Metric | Addis Ababa | Washington DC |
|---|---|---|
| Avg Home Price | $65,000 | $620,000 |
| Price / sqm | $800 | $7,500 |
| Rent (1BR) | $300/mo | $2,200/mo |
| Rent (3BR) | $550/mo | $3,500/mo |
| Price-to-Income | 7.2x | 7.8x |
| Mortgage Rate | 14.0% | 6.8% |
| 1yr Change | +8.5% | +2.2% |
| Median Income | $9,000/yr | $80,000/yr |
| Population | 5,500,000 | 690,000 |
Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.
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