Cost of living comparison

Berlin, Germany

compared to

Panama City, Panama

Panama City vs. Berlin Cost of Living Summary

Panama City is 15.7% cheaper than Berlin.

Restaurants: pay 33.9% less in Panama City
Groceries: pay 7.0% more in Panama City
Transportation: pay 45.5% less in Panama City
Housing: pay 21.9% less in Panama City
Childcare: pay 23.9% more in Panama City
Entertainment and Sports: pay 20.7% less in Panama City
Clothing: pay 18.6% less in Panama City

The cost of childcare and groceries in Panama City are more expensive than in Berlin. Expenses including transportation, restaurants, housing, entertainment and sports, and clothing are lower in Panama City.

Panama City vs. Berlin Cost Breakdown

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

Display currency: USD

pay 33.9% less for restaurants

	Berlin	Panama City
Basic meal with drink at inexpensive restaurant	$16.08 €14.17	$13.25 PAB13.25	-17.6%
Fast food combo meal McDonalds, or similar	$11.79 €10.39	$8.00 PAB8.00	-32.1%
Bottle of Coca-Cola (11 fl. oz)	$2.88 €2.54	$1.86 PAB1.86	-35.6%
Bottle of water (11 fl. oz)	$2.84 €2.50	$1.41 PAB1.41	-50.3%
Average			-33.9%

Berlin vs. Panama City - Cost of restaurants

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pay 7.0% more for groceries

	Berlin	Panama City
Bread 1 loaf	$1.96 €1.72	$2.51 PAB2.51	+28.1%
Local cheese (8 oz)	$6.66 €5.87	$6.39 PAB6.39	-4.1%
Milk (1 gallon)	$4.57 €4.03	$6.80 PAB6.80	+48.8%
Eggs 1 dozen	$3.28 €2.89	$2.68 PAB2.68	-18.4%
Boneless chicken breast (1 lb)	$5.41 €4.76	$3.41 PAB3.41	-37.0%
Apples (1 lb)	$1.34 €1.19	$1.48 PAB1.48	+10.2%
Bananas (1 lb)	$0.83 €0.73	$0.72 PAB0.72	-12.9%
Oranges (1 lb)	$1.00 €0.88	$1.24 PAB1.24	+23.9%
Tomatoes (1 lb)	$1.85 €1.63	$1.40 PAB1.40	-24.3%
Potatoes (1 lb)	$0.83 €0.73	$0.98 PAB0.98	+19.2%
Onions (1 lb)	$0.80 €0.70	$1.15 PAB1.15	+43.9%
Average			+7.0%

Berlin vs. Panama City - Cost of groceries

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pay 45.5% less for transportation

	Berlin	Panama City
Gasoline (1 gallon)	$7.19 €6.33	$3.69 PAB3.69	-48.7%
Monthly public transit pass	$52.52 €46.28	$25.00 PAB25.00	-52.4%
New Volkswagen Golf 1.4 (standard edition)	$31,799.21 €28,022.74	$19,750.00 PAB19,750.00	-37.9%
Taxi trip in downtown area (5 miles)	$29.37 €25.88	$16.71 PAB16.71	-43.1%
Average			-45.5%

Berlin vs. Panama City - Cost of transportation

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pay 21.9% less for housing

	Berlin	Panama City
Internet connection 50 mbps or faster, cable/dsl	$44.99 €39.64	$52.10 PAB52.10	+15.8%
1-Bedroom apartment in downtown area	$1,278.77 €1,126.90	$1,023.81 PAB1,023.81	-19.9%
1-Bedroom apartment outside city center	$938.86 €827.36	$755.88 PAB755.88	-19.5%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$263.55 €232.25	$94.84 PAB94.84	-64.0%
Average			-21.9%

Berlin vs. Panama City - Cost of housing

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pay 23.9% more for childcare

	Berlin	Panama City
Private preschool for 1 child, monthly	$306.98 €270.53	$439.17 PAB439.17	+43.1%
Middle school for 1 child, two semesters	$9,639.17 €8,494.42	$10,092.67 PAB10,092.67	+4.7%
Average			+23.9%

Berlin vs. Panama City - Cost of childcare

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pay 20.7% less for entertainment and sports

	Berlin	Panama City
Domestic/local beer (1 pint)	$4.29 €3.78	$3.00 PAB3.00	-30.0%
Cappuccino in mid-range area	$3.98 €3.51	$3.59 PAB3.59	-9.8%
Pack of cigarettes Marlboro or similar	$9.11 €8.03	$5.50 PAB5.50	-39.6%
Monthly membership at local gym	$37.89 €33.39	$47.27 PAB47.27	+24.8%
Movie ticket to theater/cinema	$13.66 €12.04	$7.00 PAB7.00	-48.8%
Average			-20.7%

Berlin vs. Panama City - Cost of entertainment and sports

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pay 18.6% less for clothing

	Berlin	Panama City
Regular jeans Levi's brand	$85.49 €75.34	$53.91 PAB53.91	-36.9%
Regular dress from H&M or similar store	$40.99 €36.12	$37.78 PAB37.78	-7.8%
Running shoes Nike or Adidas	$95.49 €84.15	$87.62 PAB87.62	-8.2%
Men's business shoes (leather)	$138.30 €121.87	$108.75 PAB108.75	-21.4%
Average			-18.6%

Berlin 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: June 2025

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