Which place is cheaper, Panama City or Addis Ababa?
These are the overall average travel costs for the two destinations.
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Should you visit Addis Ababa or Panama City?
Which is cheaper to visit? Which is more expensive for vacation?
If you're trying to decide where to visit between Addis Ababa or Panama City, this travel comparison, which includes costs, can help. The overall cost of travel is usually a consideration when deciding where to go next, and the cost comparison down below can help you decide based on the average prices from other travelers along with your own travel budget.
Where Should I go: Addis Ababa or Panama City?
Addis Ababa
Addis Ababa is the capital city of Ethiopia and also the nation's largest when ranked by its population of over three million. There are also more than 120 international missions and embassies in Addis Ababa, making the city a hub for international diplomacy concerning Africa. Other draws include its thriving marketplaces, spicy food, and rich coffee.
Panama City
Panama City is the cosmopolitan capital city of the country of Panama. With a population of almost 900,000 and almost 1.5 million in the metropolitan area, it's a very diverse city with expat residents from all over the world. You don't have to search far to find someone who speaks English, and many Panamanians are quite helpful and friendly.
For some great organized tour ideas, see The Best 2-Week Tours from Panama City, and The Best Adventure Tours to Panama.
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Average Daily Cost Per person, per dayAddis Ababa $67Panama City $86
The average daily cost (per person) in Addis Ababa is $67, while the average daily cost in Panama City is $86. These costs include accommodation (assuming double occupancy, so the traveler is sharing the room), food, transportation, and entertainment. While every person is different, these costs are an average of past travelers in each destination. What follows is a categorical breakdown of travel costs for Addis Ababa and Panama City in more detail.
Accommodation
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Accommodation Hotel or hostel for one personAddis Ababa $43Panama City $35
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Accommodation Typical double-occupancy roomAddis Ababa $86Panama City $70
Compare Hotels in Addis Ababa and Panama City
Looking for a hotel in Addis Ababa or Panama City? Prices vary by location, date, season, and the level of luxury. See below for options and compare which is best for your budget and travel style.
Kayak helps you find the best prices for hotels, flights, and rental cars for destinations around the world. Compare prices for multiple destinations when planning your next trip.
Our Analysis
We've analyzed the average and typical hotel prices based on guest reviews, star ratings, and hotel amenities here: Addis Ababa Hotel Prices and Panama City Hotel Prices.
Local Transportation
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Local Transportation Taxis, local buses, subway, etc.Addis Ababa $7.78Panama City $11
Typical Local Transportation Prices in Addis Ababa
Some typical examples of transportation costs in Addis Ababa are as follows:
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Short Taxi Ride$0.52
Hired Cars and Shuttles in Addis Ababa
Also for Addis Ababa, here are a few examples of actual transportation services:
- Lalibela Full Day Tour with Guide and Transfer: $130
- Private Transfer from Bole Airport Addis Ababa (ADD) to Addis Ababa: $110
- Addis Ababa Airport in/out transfer: $44
- Transfer Services Addis Abeba Airport : $23
- City/Airport Transfer in Addis Ababa - Shuttles: $22
- Addis Shuttles: On-Time & Reliable, Airport Transfers: $19
Hired Cars and Shuttles in Panama City
Also for Panama City, here are a few examples of actual transportation services:
- Embera Indian Village Tour w/ Airport Transfer: $290
- Panama Tocumen Airport (PTY): Private Transfer to Coronado: $271
- Panama Tocumen Airport (PTY): Transfer to Decameron hotels: $267
- Round trip transfer in private Car from Tocumen Airport to Playa Blanca-Farallon: $240
- Half-Day City & Canal Tour w/ Airport Transfer: $215
- Private Transfer from Panama Tocumen Airport (PTY) to Playa Blanca resorts : $206
- Transfer in private minivan from Panama Tocumen Airport to Playa Blanca-Farallon: $160
- Skip the Line: Miraflores Visitor Center Ticket with Transfer: $155
- Panama Tocumen Airport(PTY) to Colón Round-Trip Private Transfer: $142
- Round-Trip Transfer in Private Minivan from-to Tocumen Airport in Playa Bonita: $140
- Private Transfer from Panama Airport (PTY) to Colón Resorts: $137
- Private Transfer from Panama Tocumen Airport (PTY) to Colón resorts: $137
Is it cheaper to fly into Addis Ababa or Panama City?
Prices for flights to both Panama City and Addis Ababa change regularly based on dates and travel demand. We suggest you find the best prices for your next trip on Kayak, because you can compare the cost of flights across multiple airlines for your prefered dates.
Food
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Food Meals for one dayAddis Ababa $17Panama City $21
Typical Food Prices in Addis Ababa
Here are some examples of typical meal expenses from previous travelers to Addis Ababa:
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Slice of Cake$0.12
Food Tours and Cooking Classes in Addis Ababa
For Addis Ababa, here are some samples of tours and activities related to meals and dining experiences:
- Local Ethiopian Food Tour Addis Ababa: $62
- Half Day Food Tour Addis Ababa With Airport pickUp And Drop-Off: $70
- Local Ethiopian Food Tour: $75
- Unique Ethiopian Cooking Class and Coffee Ceremony with a Local in Addis Ababa: $116
- Food tours in Addis Ababa tastever with lunch: $120
- Private Ethiopian Home Cooking Class in Addis Ababa with Transfer: $124
- HALF DAY + DINNER Addis Ababa City Tour: $140
- Half Day + Dinner Addis Ababa City Tour: $150
- Ethiopian Cooking Class and Coffee Ceremony with a Local in Addis with transfers: $154
- Market Tour and Cooking Class with a Coffee Ceremony at a Home in Addis Ababa: $168
- Cooking Class and City Tour in Addis Ababa: $193
- Food Tour in Addis Ababa: $205
Typical Food Prices in Panama City
Here are some examples of typical meal expenses from previous travelers to Panama City:
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Sandwich$8.27
Food Tours and Cooking Classes in Panama City
For Panama City, here are some samples of tours and activities related to meals and dining experiences:
- Panamanian Dinner and Folkloric Show Ticket with Pickup: $60
- Panama Evening Food Tour: $60
- Panama City FOOD Tour: $65
- Night Out Experience (360 Panoramic Views + Dinner Show): $80
- Panama: 10-Recipe Boozy Panamanian Cooking Class + Dinner: $85
- The 'Real' Panamanian Private Food Tour: $200
Entertainment
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Entertainment Entrance tickets, shows, etc.Addis Ababa $8.03Panama City $66
Tours and Activities in Addis Ababa
Also, here are some specific examples of entertainment, tickets, and activities for Addis Ababa.
- Addis Ababa City Tours Full-Day Tours : $113
- 2 Days Awash National Park Safari Tours: $311
- 3 Days Visiting Harar and Dire Dawa Tours: $480
- 4 Hour Addis Cuisine Tasting Tour: $69
- 4 Hours Addis Ababa highlights city tour from Bole airport: $75
- 5 Days Visiting Tigray Churches Tours: $1,200
- 9 Days Omo Valley and Danakil Danakil Depression tour: $3,875
- A guided tour of Addis Abeba that includes a city viewpoint: $65
- Addis Ababa - Half Day City Tour: $180
- Addis Ababa Authentic Private City Tour: $75
- Addis Ababa Bole Airport Culinary and Walking Tour : $69
- Addis Ababa City - Half Day Tour: $55
Tours and Activities in Panama City
Also, here are some specific examples of entertainment, tickets, and activities for Panama City.
- #1 Walking Tour in Casco Viejo, Panama Canal Museum & Lunch : $77
- "Bridge of the Americas Stand-Up Paddle Private 2 hours Tour " : $100
- 1- or 2-Night Experience in San Blas Islands: $260
- 2 Hours Private Luxury Tour in a Convertible Car in Panama City: $255
- 2 Hours Tour to Panama La Vieja for Groups: $170
- 2 Hr Express Tour for Business Travellers & Airport Layovers: $75
- 2-Day San Blas Adventure from Panama City: $270
- 3 Hour Airport Tour from Tocumen: $125
- 3 Hours Private Photo Tour in Casco Antiguo: $90
- 3-Hour Private Tour in Panama La Vieja: $45
- 4-Hour Gatun Lake Boat Tour and Jungle Wildlife: $99
- 5-Hour Tour to Miraflores Locks and Sloth Sanctuary: $140
Alcohol
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Alcohol Drinks for one dayAddis Ababa $6.63Panama City $18
Sample the Local Flavors in Addis Ababa
Some specific costs for nightlife related activities in Addis Ababa:
- Pub crawl Addis Ababa: $55
- Pub-crawl Tour ( locally crafted beer and wine tasting ): $58
- The Pub Crawl Royale: A Battle of the Best Drinks: $65
- Locally crafted beer and wine tasting and nightlife in Addis tour: $65
- Night Tour Addis Ababa beer and wine tasting: $69
When we compare the travel costs of actual travelers between Addis Ababa and Panama City, we can see that Panama City is more expensive. And not only is Addis Ababa much less expensive, but it is actually a significantly cheaper destination. Since Addis Ababa is in Africa and Panama City is in Central America, this is one of the main reasons why the costs are so different, as different regions of the world tend to have overall different travel costs. So, traveling to Addis Ababa would let you spend less money overall. Or, you could decide to spend more money in Addis Ababa and be able to afford a more luxurious travel style by staying in nicer hotels, eating at more expensive restaurants, taking tours, and experiencing more activities. The same level of travel in Panama City would naturally cost you much more money, so you would probably want to keep your budget a little tighter in Panama City than you might in Addis Ababa.
If you're trying to decide if either of these two destinations are within your price range, also see Is Addis Ababa Expensive? and Is Panama City Expensive?.
Which is Bigger, Addis Ababa or Panama City?
Addis Ababa has a larger population, and is about 7 times larger than the population of Panama City. When comparing the sizes of Addis Ababa and Panama City, keep in mind that a larger population does not always imply the destination has more attractions or better activities. So, always research the type of place that you want to visit along with the activities and attractions that interest you.
Budget Your Trip is all about finding out how much everything costs so that you can travel cheaper and longer. Created by avid travelers Laurie and Bryan, our goal is to help you plan your next trip on the right budget. With average daily travel costs that are calculated from the budgets of real travelers, plus an analysis of hotel and tour prices, you can find out how much money you need to plan your next adventure. We also have plenty of travel advice, accommodation reviews, and activity suggestions.