Cost of living comparison
Panama is 13.3% cheaper than Malta overall.
- Restaurants
-
pay 29.6% less in Panama
- Groceries
-
pay 20.9% more in Panama
- Transportation
-
pay 22.7% less in Panama
- Housing
-
pay 0.7% more in Panama
- Childcare
-
pay 36.5% less in Panama
- Entertainment and Sports
-
pay 11.2% less in Panama
- Clothing
-
pay 14.8% less in Panama
The cost of groceries and housing in Panama are more expensive than in Malta. Expenses including childcare, restaurants, transportation, clothing, and entertainment and sports are lower in Panama.
If you lived in Panama instead of Malta, you would:
pay 29.6% less for restaurants
|
Malta
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$15.58
€14.32
|
$8.45
PAB8.45
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.83
€9.04
|
$7.90
PAB7.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.16
€1.99
|
$1.54
PAB1.54
|
|
| Bottle of water (11 fl. oz) |
$1.54
€1.42
|
$1.17
PAB1.17
|
|
pay 20.9% more for groceries
|
Malta
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.20
€1.10
|
$2.19
PAB2.19
|
|
| Local cheese (8 oz) |
$4.39
€4.04
|
$5.66
PAB5.66
|
|
| Milk (1 gallon) |
$4.49
€4.13
|
$6.43
PAB6.43
|
|
|
Eggs
1 dozen
|
$3.20
€2.94
|
$2.53
PAB2.53
|
|
| Boneless chicken breast (1 lb) |
$3.56
€3.28
|
$3.54
PAB3.54
|
|
| Apples (1 lb) |
$1.28
€1.18
|
$2.12
PAB2.12
|
|
| Bananas (1 lb) |
$0.84
€0.78
|
$0.61
PAB0.61
|
|
| Oranges (1 lb) |
$1.02
€0.93
|
$1.29
PAB1.29
|
|
| Tomatoes (1 lb) |
$1.33
€1.22
|
$1.16
PAB1.16
|
|
| Potatoes (1 lb) |
$0.78
€0.72
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.85
€0.78
|
$1.01
PAB1.01
|
|
pay 22.7% less for transportation
|
Malta
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.42
€4.98
|
$3.92
PAB3.92
|
|
| Monthly public transit pass |
$23.63
€21.73
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$26,001.46
€23,908.29
|
$18,916.67
PAB18,916.67
|
|
| Taxi trip in downtown area (5 miles) |
$28.45
€26.16
|
$16.61
PAB16.61
|
|
pay 0.7% more for housing
|
Malta
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$31.01
€28.51
|
$47.61
PAB47.61
|
|
| 1-Bedroom apartment in downtown area |
$947.36
€871.10
|
$747.76
PAB747.76
|
|
| 1-Bedroom apartment outside city center |
$804.74
€739.96
|
$567.84
PAB567.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.35
€63.77
|
$69.20
PAB69.20
|
|
pay 36.5% less for childcare
|
Malta
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$587.45
€540.16
|
$302.08
PAB302.08
|
|
| Middle school for 1 child, two semesters |
$8,655.79
€7,958.98
|
$6,548.17
PAB6,548.17
|
|
pay 11.2% less for entertainment and sports
|
Malta
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.44
€3.16
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$2.38
€2.19
|
$3.39
PAB3.39
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.93
€5.45
|
$5.38
PAB5.38
|
|
| Monthly membership at local gym |
$56.85
€52.28
|
$57.20
PAB57.20
|
|
| Movie ticket to theater/cinema |
$9.86
€9.06
|
$5.33
PAB5.33
|
|
pay 14.8% less for clothing
|
Malta
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$89.57
€82.36
|
$47.41
PAB47.41
|
|
|
Regular dress
from H&M or similar store
|
$36.50
€33.56
|
$34.81
PAB34.81
|
|
|
Running shoes
Nike or Adidas
|
$88.33
€81.22
|
$81.21
PAB81.21
|
|
| Men's business shoes (leather) |
$99.58
€91.57
|
$100.42
PAB100.42
|
|
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