Cost of living comparison
Panama is 48.6% more expensive than Ethiopia overall.
- Restaurants
-
pay 74.0% more in Panama
- Groceries
-
pay 46.3% more in Panama
- Transportation
-
pay 2.1 times more in Panama
- Housing
-
pay 16.7% less in Panama
- Childcare
-
pay 92.9% more in Panama
- Entertainment and Sports
-
pay 53.3% more in Panama
- Clothing
-
pay 24.2% less in Panama
The cost of transportation, childcare, restaurants, entertainment and sports, and groceries in Panama are more expensive than in Ethiopia. Expenses including clothing and housing are lower in Panama. Notably, transportation and childcare are significantly more expensive in Panama.
If you lived in Panama instead of Ethiopia, you would:
pay 74.0% more for restaurants
|
Ethiopia
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$6.00
ETB766.29
|
$8.45
PAB8.45
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.24
ETB796.34
|
$7.90
PAB7.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.78
ETB100.26
|
$1.54
PAB1.54
|
|
| Bottle of water (11 fl. oz) |
$0.50
ETB64.13
|
$1.17
PAB1.17
|
|
pay 46.3% more for groceries
|
Ethiopia
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.20
ETB153.46
|
$2.19
PAB2.19
|
|
| Local cheese (8 oz) |
$4.85
ETB619.86
|
$5.66
PAB5.66
|
|
| Milk (1 gallon) |
$6.08
ETB776.33
|
$6.43
PAB6.43
|
|
|
Eggs
1 dozen
|
$2.65
ETB338.34
|
$2.53
PAB2.53
|
|
| Boneless chicken breast (1 lb) |
$5.65
ETB721.10
|
$3.54
PAB3.54
|
|
| Apples (1 lb) |
$3.30
ETB421.63
|
$2.12
PAB2.12
|
|
| Bananas (1 lb) |
$0.51
ETB64.67
|
$0.61
PAB0.61
|
|
| Oranges (1 lb) |
$1.08
ETB137.71
|
$1.29
PAB1.29
|
|
| Tomatoes (1 lb) |
$0.39
ETB49.37
|
$1.16
PAB1.16
|
|
| Potatoes (1 lb) |
$0.31
ETB39.75
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.79
ETB101.43
|
$1.01
PAB1.01
|
|
pay 2.1 times more for transportation
|
Ethiopia
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.88
ETB623.21
|
$3.92
PAB3.92
|
|
| Monthly public transit pass |
$10.00
ETB1,277.14
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$25,000.00
ETB3,192,860.00
|
$18,916.67
PAB18,916.67
|
|
| Taxi trip in downtown area (5 miles) |
$3.67
ETB468.07
|
$16.61
PAB16.61
|
|
pay 16.7% less for housing
|
Ethiopia
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$171.17
ETB21,860.45
|
$47.61
PAB47.61
|
|
| 1-Bedroom apartment in downtown area |
$645.10
ETB82,388.56
|
$747.76
PAB747.76
|
|
| 1-Bedroom apartment outside city center |
$422.74
ETB53,990.27
|
$567.84
PAB567.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$124.84
ETB15,943.64
|
$69.20
PAB69.20
|
|
pay 92.9% more for childcare
|
Ethiopia
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$81.47
ETB10,405.31
|
$302.08
PAB302.08
|
|
| Middle school for 1 child, two semesters |
$43,916.67
ETB5,608,790.73
|
$6,548.17
PAB6,548.17
|
|
pay 53.3% more for entertainment and sports
|
Ethiopia
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.00
ETB127.71
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$1.15
ETB146.83
|
$3.39
PAB3.39
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.00
ETB510.86
|
$5.38
PAB5.38
|
|
| Monthly membership at local gym |
$90.59
ETB11,570.29
|
$57.20
PAB57.20
|
|
| Movie ticket to theater/cinema |
$6.70
ETB855.69
|
$5.33
PAB5.33
|
|
pay 24.2% less for clothing
|
Ethiopia
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$48.33
ETB6,172.86
|
$47.41
PAB47.41
|
|
|
Regular dress
from H&M or similar store
|
$75.17
ETB9,599.87
|
$34.81
PAB34.81
|
|
|
Running shoes
Nike or Adidas
|
$108.84
ETB13,900.79
|
$81.21
PAB81.21
|
|
| Men's business shoes (leather) |
$119.32
ETB15,239.10
|
$100.42
PAB100.42
|
|
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