Cost of living comparison

compared to

Panama City vs. Amsterdam Cost of Living Summary

Panama City is 34.6% cheaper than Amsterdam.

Restaurants: pay 43.2% less in Panama City
Groceries: pay 3.7% more in Panama City
Transportation: pay 50.6% less in Panama City
Housing: pay 39.1% less in Panama City
Childcare: pay 55.8% less in Panama City
Entertainment and Sports: pay 41.6% less in Panama City
Clothing: pay 15.7% less in Panama City

Expenses including childcare, transportation, restaurants, entertainment and sports, housing, and clothing are lower in Panama City.

Panama City vs. Amsterdam Cost Breakdown

If you lived in Panama City instead of Amsterdam, you would:

Display currency: USD

pay 43.2% less for restaurants

	Amsterdam	Panama City
Basic meal with drink at inexpensive restaurant	$21.44 €20.90	$13.25 PAB13.25	-38.2%
Fast food combo meal McDonalds, or similar	$13.93 €13.59	$8.00 PAB8.00	-42.6%
Bottle of Coca-Cola (11 fl. oz)	$3.23 €3.15	$1.86 PAB1.86	-42.5%
Bottle of water (11 fl. oz)	$2.79 €2.72	$1.41 PAB1.41	-49.5%
Average			-43.2%

Amsterdam vs. Panama City - Cost of restaurants

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pay 3.7% more for groceries

	Amsterdam	Panama City
Bread 1 loaf	$2.06 €2.01	$2.51 PAB2.51	+21.6%
Local cheese (8 oz)	$6.58 €6.42	$6.39 PAB6.39	-2.9%
Milk (1 gallon)	$4.76 €4.64	$6.80 PAB6.80	+42.8%
Eggs 1 dozen	$4.81 €4.69	$2.68 PAB2.68	-44.4%
Boneless chicken breast (1 lb)	$6.45 €6.29	$3.41 PAB3.41	-47.2%
Apples (1 lb)	$0.98 €0.96	$1.48 PAB1.48	+51.2%
Bananas (1 lb)	$1.03 €1.01	$0.72 PAB0.72	-30.1%
Oranges (1 lb)	$0.88 €0.86	$1.24 PAB1.24	+41.1%
Tomatoes (1 lb)	$1.81 €1.77	$1.40 PAB1.40	-22.9%
Potatoes (1 lb)	$0.88 €0.86	$0.98 PAB0.98	+11.8%
Onions (1 lb)	$0.96 €0.93	$1.15 PAB1.15	+20.0%
Average			+3.7%

Amsterdam vs. Panama City - Cost of groceries

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pay 50.6% less for transportation

	Amsterdam	Panama City
Gasoline (1 gallon)	$8.09 €7.89	$3.69 PAB3.69	-54.4%
Monthly public transit pass	$87.51 €85.34	$25.00 PAB25.00	-71.4%
New Volkswagen Golf 1.4 (standard edition)	$35,207.42 €34,333.64	$19,750.00 PAB19,750.00	-43.9%
Taxi trip in downtown area (5 miles)	$24.86 €24.25	$16.71 PAB16.71	-32.8%
Average			-50.6%

Amsterdam vs. Panama City - Cost of transportation

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pay 39.1% less for housing

	Amsterdam	Panama City
Internet connection 50 mbps or faster, cable/dsl	$47.53 €46.35	$52.10 PAB52.10	+9.6%
1-Bedroom apartment in downtown area	$2,189.86 €2,135.51	$1,023.81 PAB1,023.81	-53.2%
1-Bedroom apartment outside city center	$1,816.26 €1,771.18	$755.88 PAB755.88	-58.4%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$206.94 €201.81	$94.84 PAB94.84	-54.2%
Average			-39.1%

Amsterdam vs. Panama City - Cost of housing

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pay 55.8% less for childcare

	Amsterdam	Panama City
Private preschool for 1 child, monthly	$2,377.37 €2,318.36	$439.17 PAB439.17	-81.5%
Middle school for 1 child, two semesters	$14,444.53 €14,086.05	$10,092.67 PAB10,092.67	-30.1%
Average			-55.8%

Amsterdam vs. Panama City - Cost of childcare

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pay 41.6% less for entertainment and sports

	Amsterdam	Panama City
Domestic/local beer (1 pint)	$6.43 €6.27	$3.00 PAB3.00	-53.3%
Cappuccino in mid-range area	$4.20 €4.10	$3.59 PAB3.59	-14.5%
Pack of cigarettes Marlboro or similar	$13.40 €13.06	$5.50 PAB5.50	-58.9%
Monthly membership at local gym	$65.86 €64.23	$47.27 PAB47.27	-28.2%
Movie ticket to theater/cinema	$15.00 €14.63	$7.00 PAB7.00	-53.3%
Average			-41.6%

Amsterdam vs. Panama City - Cost of entertainment and sports

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pay 15.7% less for clothing

	Amsterdam	Panama City
Regular jeans Levi's brand	$92.54 €90.25	$53.91 PAB53.91	-41.7%
Regular dress from H&M or similar store	$37.12 €36.20	$37.78 PAB37.78	+1.8%
Running shoes Nike or Adidas	$106.57 €103.92	$87.62 PAB87.62	-17.8%
Men's business shoes (leather)	$114.59 €111.74	$108.75 PAB108.75	-5.1%
Average			-15.7%

Amsterdam vs. Panama City - Cost of clothing

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: January 2025

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