Cost of living comparison
Panama City is 5.2% cheaper than Lisbon.
- Restaurants
-
pay 5.6% less in Panama City
- Groceries
-
pay 27.8% more in Panama City
- Transportation
-
pay 14.9% less in Panama City
- Housing
-
pay 10.5% less in Panama City
- Childcare
-
pay 28.8% less in Panama City
- Entertainment and Sports
-
pay 3.2% more in Panama City
- Clothing
-
pay 7.7% less in Panama City
The cost of groceries and entertainment and sports in Panama City are more expensive than in Lisbon. Expenses including childcare, transportation, housing, clothing, and restaurants are lower in Panama City.
If you lived in Panama City instead of Lisbon, you would:
pay 5.6% less for restaurants
|
Lisbon
|
Panama City
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.66
€12.56
|
$13.25
PAB13.25
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.65
€8.87
|
$8.00
PAB8.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.86
€1.71
|
$1.86
PAB1.86
|
|
| Bottle of water (11 fl. oz) |
$1.36
€1.25
|
$1.41
PAB1.41
|
|
pay 27.8% more for groceries
|
Lisbon
|
Panama City
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.48
€1.36
|
$2.51
PAB2.51
|
|
| Local cheese (8 oz) |
$5.58
€5.13
|
$6.39
PAB6.39
|
|
| Milk (1 gallon) |
$3.87
€3.56
|
$6.80
PAB6.80
|
|
|
Eggs
1 dozen
|
$2.97
€2.74
|
$2.68
PAB2.68
|
|
| Boneless chicken breast (1 lb) |
$3.31
€3.04
|
$3.41
PAB3.41
|
|
| Apples (1 lb) |
$1.04
€0.95
|
$1.48
PAB1.48
|
|
| Bananas (1 lb) |
$0.69
€0.63
|
$0.72
PAB0.72
|
|
| Oranges (1 lb) |
$0.89
€0.82
|
$1.24
PAB1.24
|
|
| Tomatoes (1 lb) |
$1.06
€0.98
|
$1.40
PAB1.40
|
|
| Potatoes (1 lb) |
$0.88
€0.81
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.94
€0.86
|
$1.15
PAB1.15
|
|
pay 14.9% less for transportation
|
Lisbon
|
Panama City
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.21
€6.63
|
$3.69
PAB3.69
|
|
| Monthly public transit pass |
$42.87
€39.42
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$32,152.89
€29,564.52
|
$19,750.00
PAB19,750.00
|
|
| Taxi trip in downtown area (5 miles) |
$9.86
€9.07
|
$16.71
PAB16.71
|
|
pay 10.5% less for housing
|
Lisbon
|
Panama City
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$39.90
€36.69
|
$52.10
PAB52.10
|
|
| 1-Bedroom apartment in downtown area |
$1,514.21
€1,392.31
|
$1,023.81
PAB1,023.81
|
|
| 1-Bedroom apartment outside city center |
$1,070.61
€984.43
|
$755.88
PAB755.88
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$106.17
€97.63
|
$94.84
PAB94.84
|
|
pay 28.8% less for childcare
|
Lisbon
|
Panama City
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$576.40
€530.00
|
$439.17
PAB439.17
|
|
| Middle school for 1 child, two semesters |
$15,251.75
€14,023.96
|
$10,092.67
PAB10,092.67
|
|
pay 3.2% more for entertainment and sports
|
Lisbon
|
Panama City
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.22
€2.96
|
$3.00
PAB3.00
|
|
| Cappuccino in mid-range area |
$2.61
€2.40
|
$3.59
PAB3.59
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.00
€5.52
|
$5.50
PAB5.50
|
|
| Monthly membership at local gym |
$42.41
€39.00
|
$47.27
PAB47.27
|
|
| Movie ticket to theater/cinema |
$8.57
€7.88
|
$7.00
PAB7.00
|
|
pay 7.7% less for clothing
|
Lisbon
|
Panama City
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$86.58
€79.61
|
$53.91
PAB53.91
|
|
|
Regular dress
from H&M or similar store
|
$37.63
€34.60
|
$37.78
PAB37.78
|
|
|
Running shoes
Nike or Adidas
|
$82.49
€75.85
|
$87.62
PAB87.62
|
|
| Men's business shoes (leather) |
$108.41
€99.69
|
$108.75
PAB108.75
|
|
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