Cost of living comparison

Panama City, Panama

compared to

Addis Ababa, Ethiopia

Addis Ababa vs. Panama City Cost of Living Summary

Addis Ababa is 15.4% more expensive than Panama City.

Restaurants: pay 49.7% less in Addis Ababa
Groceries: pay 10.3% less in Addis Ababa
Transportation: pay 19.8% less in Addis Ababa
Housing: pay 44.8% more in Addis Ababa
Childcare: pay 2.3 times more in Addis Ababa
Entertainment and Sports: pay 14.9% less in Addis Ababa
Clothing: pay 30.6% more in Addis Ababa

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

Addis Ababa vs. Panama City Cost Breakdown

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

Display currency: USD

pay 49.7% less for restaurants

	Panama City	Addis Ababa
Basic meal with drink at inexpensive restaurant	$13.25 PAB13.25	$6.00 ETB825.54	-54.7%
Fast food combo meal McDonalds, or similar	$8.00 PAB8.00	$6.24 ETB857.92	-22.1%
Bottle of Coca-Cola (11 fl. oz)	$1.86 PAB1.86	$0.78 ETB108.01	-57.7%
Bottle of water (11 fl. oz)	$1.41 PAB1.41	$0.50 ETB69.09	-64.4%
Average			-49.7%

Panama City vs. Addis Ababa - Cost of restaurants

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pay 10.3% less for groceries

	Panama City	Addis Ababa
Bread 1 loaf	$2.51 PAB2.51	$1.20 ETB165.33	-52.0%
Local cheese (8 oz)	$6.39 PAB6.39	$4.85 ETB667.79	-24.0%
Milk (1 gallon)	$6.80 PAB6.80	$6.08 ETB836.36	-10.6%
Eggs 1 dozen	$2.68 PAB2.68	$2.65 ETB364.50	-1.0%
Boneless chicken breast (1 lb)	$3.41 PAB3.41	$5.65 ETB776.86	+65.7%
Apples (1 lb)	$1.48 PAB1.48	$3.30 ETB454.24	+122.7%
Bananas (1 lb)	$0.72 PAB0.72	$0.51 ETB69.67	-30.0%
Oranges (1 lb)	$1.24 PAB1.24	$1.08 ETB148.36	-13.1%
Tomatoes (1 lb)	$1.40 PAB1.40	$0.39 ETB53.18	-72.3%
Potatoes (1 lb)	$0.98 PAB0.98	$0.31 ETB42.83	-68.4%
Onions (1 lb)	$1.15 PAB1.15	$0.79 ETB109.27	-30.7%
Average			-10.3%

Panama City vs. Addis Ababa - Cost of groceries

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pay 19.8% less for transportation

	Panama City	Addis Ababa
Gasoline (1 gallon)	$3.69 PAB3.69	$4.88 ETB671.41	+32.2%
Monthly public transit pass	$25.00 PAB25.00	$10.00 ETB1,375.90	-60.0%
New Volkswagen Golf 1.4 (standard edition)	$19,750.00 PAB19,750.00	$25,000.00 ETB3,439,760.55	+26.6%
Taxi trip in downtown area (5 miles)	$16.71 PAB16.71	$3.67 ETB504.27	-78.1%
Average			-19.8%

Panama City vs. Addis Ababa - Cost of transportation

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pay 44.8% more for housing

	Panama City	Addis Ababa
Internet connection 50 mbps or faster, cable/dsl	$52.10 PAB52.10	$171.17 ETB23,550.89	+228.5%
1-Bedroom apartment in downtown area	$1,023.81 PAB1,023.81	$645.10 ETB88,759.58	-37.0%
1-Bedroom apartment outside city center	$755.88 PAB755.88	$422.74 ETB58,165.28	-44.1%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$94.84 PAB94.84	$124.84 ETB17,176.55	+31.6%
Average			+44.8%

Panama City vs. Addis Ababa - Cost of housing

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pay 2.3 times more for childcare

	Panama City	Addis Ababa
Private preschool for 1 child, monthly	$439.17 PAB439.17	$81.47 ETB11,209.94	-81.4%
Middle school for 1 child, two semesters	$10,092.67 PAB10,092.67	$43,916.67 ETB6,042,512.70	+335.1%
Average			+126.9%

Panama City vs. Addis Ababa - Cost of childcare

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pay 14.9% less for entertainment and sports

	Panama City	Addis Ababa
Domestic/local beer (1 pint)	$3.00 PAB3.00	$1.00 ETB137.59	-66.7%
Cappuccino in mid-range area	$3.59 PAB3.59	$1.15 ETB158.19	-68.0%
Pack of cigarettes Marlboro or similar	$5.50 PAB5.50	$4.00 ETB550.36	-27.3%
Monthly membership at local gym	$47.27 PAB47.27	$90.59 ETB12,465.00	+91.6%
Movie ticket to theater/cinema	$7.00 PAB7.00	$6.70 ETB921.86	-4.3%
Average			-14.9%

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

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pay 30.6% more for clothing

	Panama City	Addis Ababa
Regular jeans Levi's brand	$53.91 PAB53.91	$48.33 ETB6,650.20	-10.3%
Regular dress from H&M or similar store	$37.78 PAB37.78	$75.17 ETB10,342.21	+99.0%
Running shoes Nike or Adidas	$87.62 PAB87.62	$108.84 ETB14,975.72	+24.2%
Men's business shoes (leather)	$108.75 PAB108.75	$119.32 ETB16,417.52	+9.7%
Average			+30.6%

Panama City vs. Addis Ababa - 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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