Cost of living comparison
compared to
Panama vs. Ethiopia Cost of Living Summary
Panama is 28.5% more expensive than Ethiopia overall.
- Restaurants
-
pay 79.7% more in Panama
- Groceries
-
pay 87.7% more in Panama
- Transportation
-
pay 0.1% less in Panama
- Housing
-
pay 7.9% more in Panama
- Childcare
-
pay 2.4% less in Panama
- Entertainment and Sports
-
pay 82.3% more in Panama
- Clothing
-
pay 9.3% less in Panama
The cost of groceries, entertainment and sports, restaurants, and housing in Panama are more expensive than in Ethiopia. Expenses including clothing, childcare, and transportation are lower in Panama. Notably, groceries, entertainment and sports, and restaurants are significantly more expensive in Panama.
Panama vs. Ethiopia Cost Breakdown
If you lived in Panama instead of Ethiopia, you would:
pay 79.7% more for restaurants
|
Ethiopia
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$4.00
ETB654.34
|
$8.20
PAB8.20
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.50
ETB1,063.31
|
$8.90
PAB8.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.61
ETB99.06
|
$1.41
PAB1.41
|
|
| Bottle of water (11 fl. oz) |
$0.66
ETB107.50
|
$1.30
PAB1.30
|
|
Ethiopia vs. Panama - Cost of restaurants
pay 87.7% more for groceries
|
Ethiopia
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.19
ETB194.58
|
$2.28
PAB2.28
|
|
| Local cheese (8 oz) |
$3.70
ETB604.57
|
$6.18
PAB6.18
|
|
| Milk (1 gallon) |
$4.09
ETB669.40
|
$7.09
PAB7.09
|
|
|
Eggs
1 dozen
|
$1.77
ETB289.63
|
$2.56
PAB2.56
|
|
| Boneless chicken breast (1 lb) |
$4.59
ETB750.34
|
$3.42
PAB3.42
|
|
| Apples (1 lb) |
$2.44
ETB399.44
|
$1.86
PAB1.86
|
|
| Bananas (1 lb) |
$0.30
ETB48.73
|
$0.59
PAB0.59
|
|
| Oranges (1 lb) |
$0.99
ETB161.65
|
$1.76
PAB1.76
|
|
| Tomatoes (1 lb) |
$0.31
ETB50.42
|
$1.67
PAB1.67
|
|
| Potatoes (1 lb) |
$0.22
ETB35.99
|
$1.09
PAB1.09
|
|
| Onions (1 lb) |
$0.49
ETB79.77
|
$1.14
PAB1.14
|
|
Ethiopia vs. Panama - Cost of groceries
pay 0.1% less for transportation
|
Ethiopia
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.53
ETB577.22
|
$4.34
PAB4.34
|
|
| Monthly public transit pass |
$21.11
ETB3,453.30
|
$23.00
PAB23.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$55,000.00
ETB9M
|
$23,920.67
PAB23,920.67
|
|
| Taxi trip in downtown area (5 miles) |
$3.53
ETB576.64
|
$16.62
PAB16.62
|
|
Ethiopia vs. Panama - Cost of transportation
pay 7.9% more for housing
|
Ethiopia
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$212.33
ETB34,734.76
|
$49.81
PAB49.81
|
|
| 1-Bedroom apartment in downtown area |
$706.95
ETB116K
|
$789.50
PAB789.50
|
|
| 1-Bedroom apartment outside city center |
$394.55
ETB64,542.82
|
$614.84
PAB614.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$156.76
ETB25,644.51
|
$96.53
PAB96.53
|
|
Ethiopia vs. Panama - Cost of housing
pay 2.4% less for childcare
|
Ethiopia
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$136.41
ETB22,314.75
|
$543.33
PAB543.33
|
|
| Middle school for 1 child, two semesters |
$30,187.50
ETB5M
|
$7,213.83
PAB7,213.83
|
|
Ethiopia vs. Panama - Cost of childcare
pay 82.3% more for entertainment and sports
|
Ethiopia
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$0.80
ETB130.87
|
$2.21
PAB2.21
|
|
| Cappuccino in mid-range area |
$0.92
ETB150.32
|
$3.73
PAB3.73
|
|
|
Pack of cigarettes
Marlboro or similar
|
$8.00
ETB1,308.69
|
$5.29
PAB5.29
|
|
| Monthly membership at local gym |
$44.15
ETB7,221.55
|
$50.91
PAB50.91
|
|
| Movie ticket to theater/cinema |
$3.75
ETB613.45
|
$6.13
PAB6.13
|
|
Ethiopia vs. Panama - Cost of entertainment and sports
pay 9.3% less for clothing
|
Ethiopia
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$33.14
ETB5,421.12
|
$45.56
PAB45.56
|
|
|
Regular dress
from H&M or similar store
|
$70.86
ETB11,591.24
|
$36.71
PAB36.71
|
|
|
Running shoes
Nike or Adidas
|
$78.65
ETB12,865.68
|
$69.81
PAB69.81
|
|
| Men's business shoes (leather) |
$82.70
ETB13,529.26
|
$88.33
PAB88.33
|
|
Ethiopia vs. Panama - Cost of clothing
We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this
Change currency:
Compare further: Ethiopia vs. Panama
Salary Calculator · Free tool
What salary would you need in Panama?
→
Quality of Life Comparison · 24 statistics
Make 21.2 times more money in Panama
→
Size Comparison · See true size
Ethiopia is about 15 times bigger than Panama.
→
Moving from Ethiopia to Panama · Cost, visas & climate
Compare cost of living, salary and climate.
→
Help us improve these prices
MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate.
Learn more
Ask the Elsewhere Community
Join the Elsewhere community and ask a question about Panama or Ethiopia. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.