Cost of living comparison
Panama is 27.4% more expensive than Hungary overall.
- Restaurants
-
pay 16.0% more in Panama
- Groceries
-
pay 60.6% more in Panama
- Transportation
-
pay 0.8% more in Panama
- Housing
-
pay 75.8% more in Panama
- Childcare
-
pay 1.0% more in Panama
- Entertainment and Sports
-
pay 24.1% more in Panama
- Clothing
-
pay 13.4% more in Panama
The cost of housing, groceries, entertainment and sports, restaurants, clothing, and childcare in Panama are more expensive than in Hungary. Notably, housing is significantly more expensive in Panama.
If you lived in Panama instead of Hungary, you would:
pay 16.0% more for restaurants
|
Hungary
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.96
HUF3,331.13
|
$8.45
PAB8.45
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.43
HUF2,761.47
|
$7.90
PAB7.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.21
HUF449.08
|
$1.54
PAB1.54
|
|
| Bottle of water (11 fl. oz) |
$0.86
HUF319.12
|
$1.17
PAB1.17
|
|
pay 60.6% more for groceries
|
Hungary
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.39
HUF517.65
|
$2.19
PAB2.19
|
|
| Local cheese (8 oz) |
$4.38
HUF1,627.34
|
$5.66
PAB5.66
|
|
| Milk (1 gallon) |
$3.84
HUF1,428.94
|
$6.43
PAB6.43
|
|
|
Eggs
1 dozen
|
$2.61
HUF969.83
|
$2.53
PAB2.53
|
|
| Boneless chicken breast (1 lb) |
$2.28
HUF848.72
|
$3.54
PAB3.54
|
|
| Apples (1 lb) |
$0.66
HUF246.90
|
$2.12
PAB2.12
|
|
| Bananas (1 lb) |
$0.74
HUF275.13
|
$0.61
PAB0.61
|
|
| Oranges (1 lb) |
$0.73
HUF271.19
|
$1.29
PAB1.29
|
|
| Tomatoes (1 lb) |
$1.25
HUF464.10
|
$1.16
PAB1.16
|
|
| Potatoes (1 lb) |
$0.49
HUF181.27
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.53
HUF198.50
|
$1.01
PAB1.01
|
|
pay 0.8% more for transportation
|
Hungary
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.03
HUF2,242.91
|
$3.92
PAB3.92
|
|
| Monthly public transit pass |
$20.52
HUF7,629.12
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$25,367.29
HUF9,430,796.11
|
$18,916.67
PAB18,916.67
|
|
| Taxi trip in downtown area (5 miles) |
$11.73
HUF4,361.15
|
$16.61
PAB16.61
|
|
pay 75.8% more for housing
|
Hungary
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$17.11
HUF6,361.54
|
$47.61
PAB47.61
|
|
| 1-Bedroom apartment in downtown area |
$418.63
HUF155,633.67
|
$747.76
PAB747.76
|
|
| 1-Bedroom apartment outside city center |
$319.78
HUF118,883.33
|
$567.84
PAB567.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$100.62
HUF37,408.54
|
$69.20
PAB69.20
|
|
pay 1.0% more for childcare
|
Hungary
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$270.87
HUF100,701.28
|
$302.08
PAB302.08
|
|
| Middle school for 1 child, two semesters |
$7,237.70
HUF2,690,759.36
|
$6,548.17
PAB6,548.17
|
|
pay 24.1% more for entertainment and sports
|
Hungary
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.57
HUF583.10
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$1.85
HUF686.13
|
$3.39
PAB3.39
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.59
HUF2,076.79
|
$5.38
PAB5.38
|
|
| Monthly membership at local gym |
$43.16
HUF16,045.63
|
$57.20
PAB57.20
|
|
| Movie ticket to theater/cinema |
$6.33
HUF2,354.16
|
$5.33
PAB5.33
|
|
pay 13.4% more for clothing
|
Hungary
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$65.42
HUF24,321.85
|
$47.41
PAB47.41
|
|
|
Regular dress
from H&M or similar store
|
$27.23
HUF10,122.34
|
$34.81
PAB34.81
|
|
|
Running shoes
Nike or Adidas
|
$66.04
HUF24,550.71
|
$81.21
PAB81.21
|
|
| Men's business shoes (leather) |
$77.21
HUF28,704.73
|
$100.42
PAB100.42
|
|
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