Published: Monday, 21th October 2024
The cost of living in Ethiopia is 5.67 times less expensive as compared to Panama.
On this page, you will find side-by-side cost comparison between Ethiopia and Panama. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Ethiopia and Panama.
We always try to give you the latest data, but sometimes mistakes might occur. If you think some content on our site is not updated, please let us know by emailing us at: info.comparedoo@gmail.com
Indicators | Ethiopia | Panama |
---|---|---|
1 BHK Apartment in City Center | 10,000 ETB (180 USD) | 1,200 PAB (1,200 USD) |
2 BHK Apartment in City Center | 20,000 ETB (360 USD) | 2,000 PAB (2,000 USD) |
3 BHK Apartment in City Center | 30,000 ETB (540 USD) | 3,000 PAB (3,000 USD) |
1 BHK Apartment outside City Center | 7,000 ETB (126 USD) | 800 PAB (800 USD) |
2 BHK Apartment outside City Center | 15,000 ETB (270 USD) | 1,200 PAB (1,200 USD) |
3 BHK Apartment outside City Center | 25,000 ETB (450 USD) | 1,800 PAB (1,800 USD) |
Mortgage Rates Per Month | 6 % | 1.3 % |
Realtor Commission | 2 % | 5 % |
Property Taxes | Yet to Update | 0.6 to 1.0 % |
The average housing cost in Ethiopia is 5.48 times less expensive than Panama.
Indicators | Ethiopia | Panama |
---|---|---|
Basic Home Furnishing | 50,000 ETB (900 USD) | 3,000 PAB (3,000 USD) |
Electricity Cost Per Month | 1,500 ETB (27 USD) | 150 PAB (150 USD) |
Heating Cost Per Month | 1,200 ETB (21.60 USD) | 100 PAB (100 USD) |
Cooling Cost Per Month | 800 ETB (14.40 USD) | 80 PAB (80 USD) |
Water Supply Cost Per Month | 600 ETB (10.80 USD) | 60 PAB (60 USD) |
If you lived in Ethiopia, instead of Panama, you would have to pay 71.27% less for Utilities.
The basic home furnishing in Ethiopia costs 3.33 times less compared to Panama.
Indicators | Ethiopia | Panama |
---|---|---|
Standard Wifi Cost Per Month | 1,000 ETB (18 USD) | 70 PAB (70 USD) |
Mobile Phone Basic Plan Cost Per Month | 300 ETB (5.40 USD) | 50 PAB (50 USD) |
Landline Basic Plan Cost Per Month | 500 ETB (9 USD) | 30 PAB (30 USD) |
Cable TV Basic Plan Cost Per Month | 800 ETB (14.40 USD) | 80 PAB (80 USD) |
The internet and communication costs 79.65% less in Ethiopia compared to Panama.
Indicators | Ethiopia | Panama |
---|---|---|
Long Grain Rice (1 KG) | 15 ETB (0.27 USD) | 2 PAB (2 USD) |
Milk (1 Liter) | 10 ETB (0.18 USD) | 1.50 PAB (1.50 USD) |
Water (1 Liter) | 3 ETB (0.05 USD) | 0.50 PAB (0.50 USD) |
Bread (500 gm) | 8 ETB (0.14 USD) | 1 PAB (1 USD) |
Eggs (1 Dozen) | 12 ETB (0.22 USD) | 3 PAB (3 USD) |
Cheese (1 KG) | 30 ETB (0.54 USD) | 5 PAB (5 USD) |
Chicken Breast (1 KG) | 25 ETB (0.45 USD) | 7 PAB (7 USD) |
In Ethiopia, the cost of 1 Liter Water and 1 Liter Milk is 8.55 times less expensive than the cost in Panama.
If you lived in Ethiopia, instead of Panama, you would have to pay 90.73% less for Groceries.
Indicators | Ethiopia | Panama |
---|---|---|
Apples (1 KG) | 15 ETB (0.27 USD) | 3 PAB (3 USD) |
Bananas (1 KG) | 10 ETB (0.18 USD) | 1.50 PAB (1.50 USD) |
Oranges (1 KG) | 12 ETB (0.22 USD) | 2 PAB (2 USD) |
Tomatoes (1 KG) | 15 ETB (0.27 USD) | 2 PAB (2 USD) |
Potatoes (1 KG) | 10 ETB (0.18 USD) | 1 PAB (1 USD) |
Lemons (1 KG) | 15 ETB (0.27 USD) | 2.50 PAB (2.50 USD) |
Onions (1 KG) | 12 ETB (0.22 USD) | 1.50 PAB (1.50 USD) |
Lentils (1 KG) | 15 ETB (0.27 USD) | 2.50 PAB (2.50 USD) |
If you lived in Ethiopia, instead of Panama, you would have to pay 8.55 times less for Fruits and Vegetables.
Indicators | Ethiopia | Panama |
---|---|---|
Meal at a Resonable Restaurant | 60 ETB (1.08 USD) | 12 PAB (12 USD) |
Three-Course Meal for Two | 150 ETB (2.70 USD) | 30 PAB (30 USD) |
Fast Food Combo Meal | 30 ETB (0.54 USD) | 6 PAB (6 USD) |
Normal Coffee | 15 ETB (0.27 USD) | 2.50 PAB (2.50 USD) |
Soft Drink | 10 ETB (0.18 USD) | 1.50 PAB (1.50 USD) |
Pizza for One | 150 ETB (2.70 USD) | 12 PAB (12 USD) |
Take-Out Delivery Meal | 100 ETB (1.80 USD) | 10 PAB (10 USD) |
Cigarette Pack of 20 | 50 ETB (0.90 USD) | 6 PAB (6 USD) |
Dining-Out costs 87.29% less in Ethiopia compared to Panama.
Indicators | Ethiopia | Panama |
---|---|---|
Wine Mid-Range Bottle | 150 ETB (2.70 USD) | 15 PAB (15 USD) |
Glass of Wine | 80 ETB (1.44 USD) | 6 PAB (6 USD) |
Domestic Beer Half Liter | 20 ETB (0.36 USD) | 2.50 PAB (2.50 USD) |
Imported Beer Half Liter | 30 ETB (0.54 USD) | 4 PAB (4 USD) |
Domestic Alcohol 1 Liter | 100 ETB (1.80 USD) | 15 PAB (15 USD) |
Branded Alcohol 1 Liter | 200 ETB (3.60 USD) | 25 PAB (25 USD) |
If you lived in Ethiopia, instead of Panama, you would have to pay 6.47 times less for usual hard drinks.
Indicators | Ethiopia | Panama |
---|---|---|
Monthly Public Transportation Pass | 200 ETB (3.60 USD) | 50 PAB (50 USD) |
Single Public Transportation Ticket | 15 ETB (0.27 USD) | 1.50 PAB (1.50 USD) |
Single Train Ticket | 7,500 ETB (135 USD) | Yet to Update () |
Domestic Airplane Ticket | Yet to Update () | 100 PAB (100 USD) |
Taxi Start Fare | 30 ETB (0.54 USD) | 3 PAB (3 USD) |
Taxi Rate Per Kilometer | 10 ETB (0.18 USD) | 1.50 PAB (1.50 USD) |
Car Rental Per Day | 1,500 ETB (27 USD) | 30 PAB (30 USD) |
Parking Fees in City Center Per Hour | 20 ETB (0.36 USD) | 2 PAB (2 USD) |
Parking Fees outside City Center Per Hour | 10 ETB (0.18 USD) | 1 PAB (1 USD) |
If you lived in Ethiopia, instead of Panama, you would have to pay 1.13 times less for transportation.
Indicators | Ethiopia | Panama |
---|---|---|
Reasonable Vehicle Purchase Cost | 100,000 ETB (1,800 USD) | 15,000 PAB (15,000 USD) |
Vehicle Registration Cost | 2,000 ETB (36 USD) | 80 PAB (80 USD) |
Driving License Fees | 500 ETB (9 USD) | 50 PAB (50 USD) |
Car Insurance Cost | 5,000 ETB (90 USD) | 400 PAB (400 USD) |
Car Maintenance Cost | 1,000 ETB (18 USD) | 150 PAB (150 USD) |
Car Loan Interest Rates | 10 % | 6 % |
Fuel Per Liter | 15 ETB (0.27 USD) | 1.20 PAB (1.20 USD) |
Fuel Per Gallon | 60 ETB (1.08 USD) | 4.50 PAB (4.50 USD) |
Average Toll Fees | Yet to Update | 5 PAB 5 USD |
You would have to pay 8.03 times less for Vehicle purchase, daily operation and maintenance in Ethiopia compared to that of Panama.
Indicators | Ethiopia | Panama |
---|---|---|
Doctor Visit | 200 ETB (3.60 USD) | 50 PAB (50 USD) |
Specialist Visit | 300 ETB (5.40 USD) | 100 PAB (100 USD) |
Dentist Visit | 250 ETB (4.50 USD) | 70 PAB (70 USD) |
Eye Exam | 150 ETB (2.70 USD) | 50 PAB (50 USD) |
Mental Health Counseling | 200 ETB (3.60 USD) | 100 PAB (100 USD) |
Preventive Health Screening | 80 ETB (1.44 USD) | 50 PAB (50 USD) |
Physical Therapy | 150 ETB (2.70 USD) | 75 PAB (75 USD) |
Emergency Room Visit | 300 ETB (5.40 USD) | 300 PAB (300 USD) |
Hospital Stay Per Night | 800 ETB (14.40 USD) | 150 PAB (150 USD) |
Vaccinations | 50 ETB (0.90 USD) | 30 PAB (30 USD) |
Prescription Medication | 100 ETB (1.80 USD) | 20 PAB (20 USD) |
Over the Counter Medication | 50 ETB (0.90 USD) | 10 PAB (10 USD) |
Health Insurance Premiums | 1,000 ETB (18 USD) | 150 PAB (150 USD) |
Health Insurance Deductibles | 500 ETB (9 USD) | 75 PAB (75 USD) |
If you lived in Ethiopia, instead of Panama, you would have to pay 16.55 times less for Health and Medical Treatment.
Indicators | Ethiopia | Panama |
---|---|---|
Cosmetic Procedures | 1,000 ETB (18 USD) | 200 PAB (200 USD) |
Spa Treatment | 500 ETB (9 USD) | 75 PAB (75 USD) |
Manicure Pedicure Cost | 150 ETB (2.70 USD) | 30 PAB (30 USD) |
Optical Glasses Cost | 300 ETB (5.40 USD) | 80 PAB (80 USD) |
Contact Lenses Cost | 150 ETB (2.70 USD) | 40 PAB (40 USD) |
Haircuts | 100 ETB (1.80 USD) | 15 PAB (15 USD) |
Hair Coloring | 150 ETB (2.70 USD) | 40 PAB (40 USD) |
Shampoo Price | 15 ETB (0.27 USD) | 5 PAB (5 USD) |
Toothpaste Price | 10 ETB (0.18 USD) | 2 PAB (2 USD) |
If you lived in Ethiopia, instead of Panama, you would have to pay 11.39 times less for Personal Care Items and Treatment.
Indicators | Ethiopia | Panama |
---|---|---|
Pair of Nike Running Shoes | 2,000 ETB (36 USD) | 80 PAB (80 USD) |
Men's Shirt | 600 ETB (10.80 USD) | 25 PAB (25 USD) |
Women's Dress | 1,500 ETB (27 USD) | 40 PAB (40 USD) |
Summer Dress | 800 ETB (14.40 USD) | 30 PAB (30 USD) |
Men's Suit | 8,000 ETB (144 USD) | 100 PAB (100 USD) |
Men's Jeans | 1,200 ETB (21.60 USD) | 40 PAB (40 USD) |
Women's Jeans | 1,000 ETB (18 USD) | 30 PAB (30 USD) |
Men's Formal Shoes | 2,000 ETB (36 USD) | 80 PAB (80 USD) |
Women's Formal Shoes | 1,500 ETB (27 USD) | 80 PAB (80 USD) |
Men's Casual Shoes | 1,500 ETB (27 USD) | 50 PAB (50 USD) |
Women's Casual Shoes | 1,200 ETB (21.60 USD) | 50 PAB (50 USD) |
Underwear For Men | 200 ETB (3.60 USD) | 8 PAB (8 USD) |
Underwear For Women | 200 ETB (3.60 USD) | 12 PAB (12 USD) |
Socks For Men | 50 ETB (0.90 USD) | 3 PAB (3 USD) |
Socks For Women | 50 ETB (0.90 USD) | 3 PAB (3 USD) |
Wintercoat for Adults | 1,500 ETB (27 USD) | 80 PAB (80 USD) |
Sportswear | 1,000 ETB (18 USD) | 40 PAB (40 USD) |
If you lived in Ethiopia, instead of Panama, you would have to pay 1.72 times less for Clothing and Footwear for Adults.
Indicators | Ethiopia | Panama |
---|---|---|
Children's Jeans | 600 ETB (10.80 USD) | 20 PAB (20 USD) |
Children's Normal Sneakers | 800 ETB (14.40 USD) | 30 PAB (30 USD) |
Children's Winter Coat | 1,000 ETB (18 USD) | 40 PAB (40 USD) |
Daycare for Infant | 3,000 ETB (54 USD) | 200 PAB (200 USD) |
Daycare for Toddler | 2,500 ETB (45 USD) | 150 PAB (150 USD) |
Childcare for Sick Days | 400 ETB (7.20 USD) | 30 PAB (30 USD) |
Early Childhood Education Programs | 1,500 ETB (27 USD) | 150 PAB (150 USD) |
Extra Curricular Activities | 500 ETB (9 USD) | 100 PAB (100 USD) |
Summer Camp for Kids | 1,000 ETB (18 USD) | 150 PAB (150 USD) |
If you lived in Ethiopia, instead of Panama, you would have to pay 4.28 times less for Childcare and kids clothing.
Indicators | Ethiopia | Panama |
---|---|---|
PreSchool Fees | 2,000 ETB (36 USD) | 250 PAB (250 USD) |
Primary School Fees | 10,000 ETB (180 USD) | 400 PAB (400 USD) |
Secondary School Fees | 12,000 ETB (216 USD) | 600 PAB (600 USD) |
Private School Fees | 15,000 ETB (270 USD) | 1,000 PAB (1,000 USD) |
University Tuition Fees | 25,000 ETB (450 USD) | 2,500 PAB (2,500 USD) |
University Private Tuition Fees | 35,000 ETB (630 USD) | 3,500 PAB (3,500 USD) |
After School Activities | 500 ETB (9 USD) | 75 PAB (75 USD) |
Special Education Services | 800 ETB (14.40 USD) | 200 PAB (200 USD) |
Tutoring | 800 ETB (14.40 USD) | 30 PAB (30 USD) |
Textbooks Cost | 200 ETB (3.60 USD) | 50 PAB (50 USD) |
School Supplies | 100 ETB (1.80 USD) | 30 PAB (30 USD) |
If you lived in Ethiopia, instead of Panama, you would have to pay 4.73 times less for school and education.
Indicators | Ethiopia | Panama |
---|---|---|
Movie Ticket (Single) | 20 ETB (0.36 USD) | 8 PAB (8 USD) |
Theater Ticket (Single) | 50 ETB (0.90 USD) | 15 PAB (15 USD) |
Concert Ticket (Single) | 70 ETB (1.26 USD) | 25 PAB (25 USD) |
Sports Event Ticket (Single) | 100 ETB (1.80 USD) | 15 PAB (15 USD) |
Gym Membership | 200 ETB (3.60 USD) | 40 PAB (40 USD) |
Swimming Pool Access | 150 ETB (2.70 USD) | 25 PAB (25 USD) |
Museum Entry Ticket | 20 ETB (0.36 USD) | 8 PAB (8 USD) |
Zoo Entry Ticket | 30 ETB (0.54 USD) | 12 PAB (12 USD) |
Amusement Park Entry Ticket | 60 ETB (1.08 USD) | 20 PAB (20 USD) |
Bowling | 30 ETB (0.54 USD) | 15 PAB (15 USD) |
Mini Golf | 20 ETB (0.36 USD) | 12 PAB (12 USD) |
Video Games | 150 ETB (2.70 USD) | 40 PAB (40 USD) |
Streaming Services | 20 ETB (0.36 USD) | 12 PAB (12 USD) |
Outdoor Equipment Rental | 30 ETB (0.54 USD) | 15 PAB (15 USD) |
Theme Park Annual Pass | 1,000 ETB (18 USD) | 500 PAB (500 USD) |
If you lived in Ethiopia, instead of Panama, you would have to pay 21.71 times less for entertainment, recreation and fun activities.
Indicators | Ethiopia | Panama |
---|---|---|
Language Classes | 500 ETB (9 USD) | 150 PAB (150 USD) |
Parenting Classes | 300 ETB (5.40 USD) | 150 PAB (150 USD) |
Art Classes | 80 ETB (1.44 USD) | 25 PAB (25 USD) |
Fitness Classes | 20 ETB (0.36 USD) | 25 PAB (25 USD) |
Music Lessons | 40 ETB (0.72 USD) | 30 PAB (30 USD) |
Dance Lessons | 50 ETB (0.90 USD) | 30 PAB (30 USD) |
Reading Materials for Classes | 20 ETB (0.36 USD) | 8 PAB (8 USD) |
Educational Software | 200 ETB (3.60 USD) | 150 PAB (150 USD) |
If you lived in Ethiopia, instead of Panama, you would have to pay 26.08 times less for Private Classes.
Indicators | Ethiopia | Panama |
---|---|---|
Average Gross Monthly Salary | 15,000 ETB (270 USD) | 1,500 PAB (1,500 USD) |
Average Net Monthly Salary | 10,000 ETB (180 USD) | 1,200 PAB (1,200 USD) |
Minimum Wages | 66.67 ETB per hour (1.20 USD) | 20 PAB per hour (20 USD) |
Average Bonus | 1,000 ETB (18 USD) | 150 PAB (150 USD) |
Income Tax Rate | 0 to 15 % | 0 to 7 % |
Social Security Contributions | 7 % | 9 % |
Pension Contributions | 5 % | 10 % |
Cost of Living Index | 70 | 50 |
Median Household Income | 12,000 ETB (216 USD) | 1,200 PAB (1,200 USD) |
If you lived in Ethiopia, you would earn 5.94 times less salary as compared to Panama.
Indicators | Ethiopia | Panama |
---|---|---|
Legal Consultation Per Hour Rate | 300 ETB (5.40 USD) | 100 PAB (100 USD) |
Accounting Services Per Hour Rate | 250 ETB (4.50 USD) | 80 PAB (80 USD) |
IT Support Services Per Hour Rate | 200 ETB (3.60 USD) | 80 PAB (80 USD) |
Technician Services Per Hour Rate | 250 ETB (4.50 USD) | 60 PAB (60 USD) |
Professional Services cost 17.78 times less in Ethiopia, as compared to Panama.
We hope you enjoyed the detailed guide on the cost of living comparsion between Ethiopia and Panama.
For more side-by-side comparsion between Countries, States and Cities, you can use the search box above or click the links below.
The Comparedoo.com family sincerely appreciates your time with us. We look forward to seeing you on our other pages.