A Travel Price Comparison for Families, Couples, and Backpackers Addis Ababa vs. Panama City for Vacations, Tours, and Honeymoons

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 Budget Tours to Panama, and The Best One-Week (7-Day) Tours from Panama City.


Which place is cheaper, Panama City or Addis Ababa?

These are the overall average travel costs for the two destinations. These travel costs come from the actual spending of real travelers.

  • Addis Ababa Prices
    Ethiopia Prices
    Panama City Prices
    Panama Prices
  • Average Daily Cost Per person, per day
    Addis Ababa $28
    Panama City $101

The average daily cost (per person) in Addis Ababa is $28, while the average daily cost in Panama City is $101. 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
  • Accommodation Hotel or hostel for one person
    Addis Ababa $15
    Panama City $35
  • Accommodation Typical double-occupancy room
    Addis Ababa $30
    Panama 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.

Hotels in Addis Ababa


Hotels in Panama City


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
  • Local Transportation Taxis, local buses, subway, etc.
    Addis Ababa $2.75
    Panama City $11
Typical Local Transportation Prices in Addis Ababa

Some typical examples of transportation costs in Addis Ababa are as follows:


  • Short Taxi Ride
    $0.19

Hired Cars and Shuttles in Addis Ababa

Also for Addis Ababa, here are a few examples of actual transportation services:

  • 4 Hours Addis Airport Transfer with Ethiopian Cultural Tour: $299
  • Golf Club Experience with Hotel Transfer: $100
  • Addis Ababa Layover Tour: Mercato Market & Airport Transfer: $77
  • Luxury Private Mercedes Airport Transfer in Addis Ababa: $75
  • Private Tour with Local Guide and Transfers: $65
  • Photography Tour with Guide & Transfer: $62
  • Private Addis Ababa Airport Transfer: $55
  • Customizable Layover Tour with Transfers: $55
  • Addis Ababa Airport in/out transfer: $49
  • Cultural Show and Jazz Night with Transfers: $44
  • City/Airport Transfer in Addis Ababa - Shuttles: $39
  • City and Airport Transfer in Addis Ababa: $35

Hired Cars and Shuttles in Panama City

Also for Panama City, here are a few examples of actual transportation services:

  • Private Transfer from PTY to Playa Blanca resorts: $225
  • Private Transfer from Panama City or PTY Airport to Beach Resort: $220
  • Panama Airport (PTY) to Decameron - Round-Trip Private Transfer: $212
  • Private Transfer from Panama City Airport to Beach Resorts: $175
  • San Blas Day Trip (Transfers & Lunch included): $175
  • Transfer from Tocumen Airport to Colon Cruise Port: $160
  • Panama Airport (PTY) to Playa Blanca Round-Trip Private Transfer: $160
  • Panama Tocumen Airport(PTY) to Colón Round-Trip Private Transfer: $155
  • Private Transfer from Panama Tocumen Airport (PTY) to Colón resorts: $149
  • Transfer Hotel/Airport to Resorts in Playa - return or return: $125
  • Private Transfer Tocumen Airport - Linton Bay Marina: $90
  • Transfer from Tocumen Airport to Playa Blanca Hotels: $85

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
  • Food Meals for one day
    Addis Ababa $11
    Panama City $36
Typical Food Prices in Addis Ababa

Here are some examples of typical meal expenses from previous travelers to Addis Ababa:


  • Slice of Cake
    $0.04

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:

  • Authentic Ethiopian Cooking Class with a Local Host: $47
  • Addis Eats Food Tour with 12+ Tastings: $49
  • Berbere Bites Food Tour with 14+ Tastings: $49
  • Addis Ababa Food Tour: Ethiopian Cuisine, Coffee & Drinks: $50
  • Berbere Bites Food Tour with 14+ Tastings: $50
  • Addis Eats Food Tour with 12+ Tastings: $50
  • Flavors of Ethiopia: Hands-On Cooking Class in Addis Ababa: $55
  • Food tour in Addis Ababa with airport pick-up.: $56
  • Totot Cultural Feast & Rhythm Show With Dinner: $60
  • Addis Ababa Ethiopian Food Cooking Class and Kitchen Tour: $60
  • Local Ethiopian Food Tour Addis Ababa: $62
  • Addis Ababa Cooking, Coffee & Traditional Drink Tasting: $65

Typical Food Prices in Panama City

Here are some examples of typical meal expenses from previous travelers to Panama City:


  • Sandwich
    $8.24

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 Ravioli Masterclass + Dinner in Panama City center: $55
  • Panama City FOOD Tour: $65
  • 3.5 -hour Afropanamanian Cooking Experience in Panama: $70
  • Street Food Tour Panama City (28+ tastings) By Paradox Experience: $95
  • 4h Cooking Class in 10 Recipes & Bottomless Drinks: $95
  • Embera Village Cooking Class Experience in Chagres National Park: $125
  • The Real Panamanian Private Food Tour through Panama City: $245

Entertainment
  • Entertainment Entrance tickets, shows, etc.
    Addis Ababa $2.84
    Panama City $66

Tours and Activities in Addis Ababa

Also, here are some specific examples of entertainment, tickets, and activities for Addis Ababa.

  • • Ethiopia Danakil Experience: Fire, Salt & Color Adventure: $450
  • • Explore the Wild: 5-Day Chebera Churchura Adventure Tours: $1,775
  • "Awash National Park Safari Experience": $280
  • 14-Days Northern Ethiopia Tours: $1,580
  • 2-Day Wenchi Crater Lake & Ethiopian Highland Experience: $300
  • 2-Day: Addis Ababa city tour & Debre Libanos with Lunch: $265
  • 2-Night 3-Day Danakil Depression Tour without Flights: $300
  • 3 Days Meskel Festival Package-Addis Ababa City Tour/Debre Libanos Monastery: $256
  • 3-Day Addis Ababa — Monastery, Gorge & Crater Lake Tour: $1,650
  • 3-Day Awash National Park Wildlife & Hot Springs Tour: $730
  • 3-Day Coffee Farm & Local Culture Experience in Yirgalem: $288
  • 3-Day Lalibela Rock-hewn churches and Addis Ababa City Tour.: $890

Tours and Activities in Panama City

Also, here are some specific examples of entertainment, tickets, and activities for Panama City.

  • #1 Walking Tour of Casco Viejo Panama with Lunch included: $70
  • "Bridge of the Americas Stand-Up Paddle Private 2 hours Tour ": $100
  • 1- or 2-Night Experience in San Blas Islands: $260
  • 1st Mysteries and FreeMasons Tour: $38
  • 2 Days 1 Night San Blas Adventure in Pamana: $260
  • 3 1/2 Hour Experience of Lake Gatun in Panama: $95
  • 3 Hours Private Walking Tour in Casco Antiguo Panama City: $45
  • 4-hour tour in Panama: $105
  • 5 Hours Private Panama City Tour: $200
  • 5-Hour Tour of Panama City, Panama from Tocumen Airport: $130
  • 5-hour tour in Panama by a Local Guide: $39
  • 5hour tour of Panama City and Panama Canal - Shared or Private: $65

Alcohol
  • Alcohol Drinks for one day
    Addis Ababa $2.35
    Panama City $18

Sample the Local Flavors in Addis Ababa

Some specific costs for nightlife related activities in Addis Ababa:

  • Pastry, Chocolate, and Wine Tour with Pickup: $60


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.