Cost of living comparison

Addis Ababa, Ethiopia

compared to

Panama City, Panama

Panama City vs. Addis Ababa Cost of Living Summary

Panama City is 78.1% more expensive than Addis Ababa.

Restaurants: pay 2.2 times more in Panama City
Groceries: pay 58.0% more in Panama City
Transportation: pay 2.2 times more in Panama City
Housing: pay 11.0% more in Panama City
Childcare: pay 2.8 times more in Panama City
Entertainment and Sports: pay 81.3% more in Panama City
Clothing: pay 16.7% less in Panama City

The cost of childcare, restaurants, transportation, entertainment and sports, groceries, and housing in Panama City are more expensive than in Addis Ababa. Notably, childcare, restaurants, and transportation are significantly more expensive in Panama City.

Panama City vs. Addis Ababa Cost Breakdown

If you lived in Panama City instead of Addis Ababa, you would:

Display currency: USD

pay 2.2 times more for restaurants

	Addis Ababa	Panama City
Basic meal with drink at inexpensive restaurant	$6.00 ETB804.45	$13.25 PAB13.25	+120.8%
Fast food combo meal McDonalds, or similar	$6.24 ETB836.00	$8.00 PAB8.00	+28.3%
Bottle of Coca-Cola (11 fl. oz)	$0.78 ETB105.25	$1.86 PAB1.86	+136.6%
Bottle of water (11 fl. oz)	$0.50 ETB67.33	$1.41 PAB1.41	+181.0%
Average			+116.7%

Addis Ababa vs. Panama City - Cost of restaurants

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pay 58.0% more for groceries

	Addis Ababa	Panama City
Bread 1 loaf	$1.20 ETB161.10	$2.51 PAB2.51	+108.5%
Local cheese (8 oz)	$4.85 ETB650.73	$6.39 PAB6.39	+31.6%
Milk (1 gallon)	$6.08 ETB814.99	$6.80 PAB6.80	+11.9%
Eggs 1 dozen	$2.65 ETB355.19	$2.68 PAB2.68	+1.0%
Boneless chicken breast (1 lb)	$5.65 ETB757.01	$3.41 PAB3.41	-39.7%
Apples (1 lb)	$3.30 ETB442.63	$1.48 PAB1.48	-55.1%
Bananas (1 lb)	$0.51 ETB67.89	$0.72 PAB0.72	+42.8%
Oranges (1 lb)	$1.08 ETB144.57	$1.24 PAB1.24	+15.0%
Tomatoes (1 lb)	$0.39 ETB51.83	$1.40 PAB1.40	+261.5%
Potatoes (1 lb)	$0.31 ETB41.73	$0.98 PAB0.98	+216.1%
Onions (1 lb)	$0.79 ETB106.48	$1.15 PAB1.15	+44.3%
Average			+58.0%

Addis Ababa vs. Panama City - Cost of groceries

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pay 2.2 times more for transportation

	Addis Ababa	Panama City
Gasoline (1 gallon)	$4.88 ETB654.25	$3.69 PAB3.69	-24.4%
Monthly public transit pass	$10.00 ETB1,340.75	$25.00 PAB25.00	+150.0%
New Volkswagen Golf 1.4 (standard edition)	$25,000.00 ETB3,351,875.00	$19,750.00 PAB19,750.00	-21.0%
Taxi trip in downtown area (5 miles)	$3.67 ETB491.38	$16.71 PAB16.71	+355.8%
Average			+115.1%

Addis Ababa vs. Panama City - Cost of transportation

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pay 11.0% more for housing

	Addis Ababa	Panama City
Internet connection 50 mbps or faster, cable/dsl	$171.17 ETB22,949.17	$52.10 PAB52.10	-69.6%
1-Bedroom apartment in downtown area	$645.10 ETB86,491.78	$1,023.81 PAB1,023.81	+58.7%
1-Bedroom apartment outside city center	$422.74 ETB56,679.17	$755.88 PAB755.88	+78.8%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$124.84 ETB16,737.69	$94.84 PAB94.84	-24.0%
Average			+11.0%

Addis Ababa vs. Panama City - Cost of housing

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pay 2.8 times more for childcare

	Addis Ababa	Panama City
Private preschool for 1 child, monthly	$81.47 ETB10,923.53	$439.17 PAB439.17	+439.0%
Middle school for 1 child, two semesters	$43,916.67 ETB5,888,127.08	$10,092.67 PAB10,092.67	-77.0%
Average			+181.0%

Addis Ababa vs. Panama City - Cost of childcare

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pay 81.3% more for entertainment and sports

	Addis Ababa	Panama City
Domestic/local beer (1 pint)	$1.00 ETB134.07	$3.00 PAB3.00	+200.0%
Cappuccino in mid-range area	$1.15 ETB154.15	$3.59 PAB3.59	+212.2%
Pack of cigarettes Marlboro or similar	$4.00 ETB536.30	$5.50 PAB5.50	+37.5%
Monthly membership at local gym	$90.59 ETB12,146.52	$47.27 PAB47.27	-47.8%
Movie ticket to theater/cinema	$6.70 ETB898.30	$7.00 PAB7.00	+4.5%
Average			+81.3%

Addis Ababa vs. Panama City - Cost of entertainment and sports

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pay 16.7% less for clothing

	Addis Ababa	Panama City
Regular jeans Levi's brand	$48.33 ETB6,480.29	$53.91 PAB53.91	+11.5%
Regular dress from H&M or similar store	$75.17 ETB10,077.97	$37.78 PAB37.78	-49.7%
Running shoes Nike or Adidas	$108.84 ETB14,593.09	$87.62 PAB87.62	-19.5%
Men's business shoes (leather)	$119.32 ETB15,998.06	$108.75 PAB108.75	-8.9%
Average			-16.7%

Addis Ababa vs. Panama City - Cost of clothing

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: June 2025

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See the cost of living in Ethiopia vs. Panama. This provides a comparison of the average cost of living from cities within Ethiopia and Panama.

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