Cost of living comparison

compared to
Panama City vs. Jerusalem Cost of Living Summary

Panama City is 20.5% cheaper than Jerusalem.

Restaurants
pay 33.0% less in Panama City
Groceries
pay 19.6% more in Panama City
Transportation
pay 24.4% less in Panama City
Housing
pay 1.4% more in Panama City
Childcare
pay 41.1% less in Panama City
Entertainment and Sports
pay 40.7% less in Panama City
Clothing
pay 25.6% less in Panama City

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

Panama City vs. Jerusalem Cost Breakdown

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

pay 33.0% less for restaurants

 
Jerusalem
Panama City
Basic meal with drink at inexpensive restaurant $20.66
₪75.42
$13.25
PAB13.25
Fast food combo meal
McDonalds, or similar
$13.33
₪48.66
$8.00
PAB8.00
Bottle of Coca-Cola (11 fl. oz) $2.59
₪9.47
$1.86
PAB1.86

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pay 19.6% more for groceries

 
Jerusalem
Panama City
Bread
1 loaf
$2.36
₪8.62
$2.51
PAB2.51
Local cheese (8 oz) $6.48
₪23.65
$6.39
PAB6.39
Milk (1 gallon) $7.26
₪26.49
$6.80
PAB6.80

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pay 24.4% less for transportation

 
Jerusalem
Panama City
Gasoline (1 gallon) $7.24
₪26.41
$3.69
PAB3.69
Monthly public transit pass $62.93
₪229.66
$25.00
PAB25.00
New Volkswagen Golf 1.4 (standard edition) $43,738.40
₪159,626.36
$19,750.00
PAB19,750.00

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pay 1.4% more for housing

 
Jerusalem
Panama City
Internet connection
50 mbps or faster, cable/dsl
$26.37
₪96.23
$52.10
PAB52.10
1-Bedroom apartment in downtown area $1,468.76
₪5,360.36
$1,023.81
PAB1,023.81
1-Bedroom apartment outside city center $1,046.06
₪3,817.69
$755.88
PAB755.88

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pay 41.1% less for childcare

 
Jerusalem
Panama City
Private preschool for 1 child, monthly $842.15
₪3,073.49
$439.17
PAB439.17
Middle school for 1 child, two semesters $15,369.36
₪56,091.54
$10,092.67
PAB10,092.67

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pay 40.7% less for entertainment and sports

 
Jerusalem
Panama City
Domestic/local beer (1 pint) $8.53
₪31.14
$3.00
PAB3.00
Cappuccino in mid-range area $4.06
₪14.81
$3.59
PAB3.59
Pack of cigarettes
Marlboro or similar
$9.33
₪34.06
$5.50
PAB5.50

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pay 25.6% less for clothing

 
Jerusalem
Panama City
Regular jeans
Levi's brand
$97.33
₪355.19
$53.91
PAB53.91
Regular dress
from H&M or similar store
$59.99
₪218.96
$37.78
PAB37.78
Running shoes
Nike or Adidas
$109.99
₪401.42
$87.62
PAB87.62

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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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See the cost of living in Israel vs. Panama. This provides a comparison of the average cost of living from cities within Israel and Panama.

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