Cost of living comparison
Ethiopia is 40.6% more expensive than Panama.
If you lived in Ethiopia instead of Panama, you would:
pay 39.0% less for restaurants
Panama
|
Ethiopia
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$8.45
PAB8.45
|
$6.00
ETB728.79
|
|
Fast food combo meal
McDonalds, or similar
|
$7.90
PAB7.90
|
$6.24
ETB757.37
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.54
PAB1.54
|
$0.78
ETB95.35
|
|
Bottle of water (11 fl. oz) |
$1.17
PAB1.17
|
$0.50
ETB60.99
|
|
pay 12.2% less for groceries
Panama
|
Ethiopia
|
||
---|---|---|---|
Bread
1 loaf
|
$2.19
PAB2.19
|
$1.20
ETB145.95
|
|
Local cheese (8 oz) |
$5.66
PAB5.66
|
$4.85
ETB589.53
|
|
Milk (1 gallon) |
$6.43
PAB6.43
|
$6.08
ETB738.34
|
|
Eggs
1 dozen
|
$2.53
PAB2.53
|
$2.65
ETB321.78
|
|
Boneless chicken breast (1 lb) |
$3.54
PAB3.54
|
$5.65
ETB685.82
|
|
Apples (1 lb) |
$2.12
PAB2.12
|
$3.30
ETB401.00
|
|
Bananas (1 lb) |
$0.61
PAB0.61
|
$0.51
ETB61.51
|
|
Oranges (1 lb) |
$1.29
PAB1.29
|
$1.08
ETB130.97
|
|
Tomatoes (1 lb) |
$1.16
PAB1.16
|
$0.39
ETB46.95
|
|
Potatoes (1 lb) |
$0.98
PAB0.98
|
$0.31
ETB37.81
|
|
Onions (1 lb) |
$1.01
PAB1.01
|
$0.79
ETB96.46
|
|
pay 20.3% less for transportation
Panama
|
Ethiopia
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.92
PAB3.92
|
$4.88
ETB592.72
|
|
Monthly public transit pass |
$25.00
PAB25.00
|
$10.00
ETB1,214.65
|
|
New Volkswagen Golf 1.4 (standard edition) |
$18,916.67
PAB18,916.67
|
$25,000.00
ETB3,036,634.27
|
|
Taxi trip in downtown area (5 miles) |
$16.61
PAB16.61
|
$3.67
ETB445.17
|
|
pay 75.2% more for housing
Panama
|
Ethiopia
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$47.61
PAB47.61
|
$171.17
ETB20,790.82
|
|
1-Bedroom apartment in downtown area |
$747.76
PAB747.76
|
$645.10
ETB78,357.31
|
|
1-Bedroom apartment outside city center |
$567.84
PAB567.84
|
$422.74
ETB51,348.54
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.20
PAB69.20
|
$124.84
ETB15,163.52
|
|
pay 3.5 times more for childcare
Panama
|
Ethiopia
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$302.08
PAB302.08
|
$81.47
ETB9,896.18
|
|
Middle school for 1 child, two semesters |
$6,548.17
PAB6,548.17
|
$43,916.67
ETB5,334,354.21
|
|
pay 11.3% less for entertainment and sports
Panama
|
Ethiopia
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$1.00
ETB121.47
|
|
Cappuccino in mid-range area |
$3.39
PAB3.39
|
$1.15
ETB139.65
|
|
Pack of cigarettes
Marlboro or similar
|
$5.38
PAB5.38
|
$4.00
ETB485.86
|
|
Monthly membership at local gym |
$57.20
PAB57.20
|
$90.59
ETB11,004.16
|
|
Movie ticket to theater/cinema |
$5.33
PAB5.33
|
$6.70
ETB813.82
|
|
pay 42.6% more for clothing
Panama
|
Ethiopia
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$47.41
PAB47.41
|
$48.33
ETB5,870.83
|
|
Regular dress
from H&M or similar store
|
$34.81
PAB34.81
|
$75.17
ETB9,130.15
|
|
Running shoes
Nike or Adidas
|
$81.21
PAB81.21
|
$108.84
ETB13,220.62
|
|
Men's business shoes (leather) |
$100.42
PAB100.42
|
$119.32
ETB14,493.46
|
|
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