Question 1

How far does your money go in Asmara compared with the US?

Accepted Answer

Based on the current PPP estimate, the same home-country income goes about 3.0x further in Asmara. We are using the country-level cost index for Eritrea here because a defensible city-level aggregate index is not available yet.

Question 2

Is Asmara cheaper or more expensive overall than New York City?

Accepted Answer

Overall living costs are about 14% more expensive than New York City for Asmara. We are using the country-level cost index for Eritrea here because a defensible city-level aggregate index is not available yet.

Question 3

How does rent in Asmara compare with New York City?

Accepted Answer

Rent are about 100% cheaper than New York City in Asmara. We are using the country-level cost index for Eritrea here because a defensible city-level aggregate index is not available yet.

Question 4

How expensive are groceries and restaurants in Asmara?

Accepted Answer

Groceries are about 100% cheaper than New York City and restaurant prices are about 100% cheaper than New York City. We are using the country-level cost index for Eritrea here because a defensible city-level aggregate index is not available yet.

Asmara, Eritrea

Purchasing Power vs. United States

How Far Your Money Goes

See the full breakdown — free