Cost of living comparison

Minsk, Belarus

compared to

Panama City, Panama

Panama City vs. Minsk Cost of Living Summary

Panama City is 2.0 times more expensive than Minsk.

Restaurants: pay 2.1 times more in Panama City
Groceries: pay 2.6 times more in Panama City
Transportation: pay 2.1 times more in Panama City
Housing: pay 3.0 times more in Panama City
Childcare: pay 22.1% more in Panama City
Entertainment and Sports: pay 2.1 times more in Panama City
Clothing: pay 10.1% less in Panama City

The cost of housing, groceries, restaurants, transportation, entertainment and sports, and childcare in Panama City are more expensive than in Minsk. Notably, housing, groceries, and restaurants are significantly more expensive in Panama City.

Panama City vs. Minsk Cost Breakdown

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

Display currency: USD

pay 2.1 times more for restaurants

	Minsk	Panama City
Basic meal with drink at inexpensive restaurant	$9.11 BYN29.82	$13.25 PAB13.25	+45.4%
Fast food combo meal McDonalds, or similar	$5.16 BYN16.90	$8.00 PAB8.00	+54.9%
Bottle of Coca-Cola (11 fl. oz)	$0.74 BYN2.42	$1.86 PAB1.86	+151.5%
Bottle of water (11 fl. oz)	$0.46 BYN1.52	$1.41 PAB1.41	+203.8%
Average			+113.9%

Minsk vs. Panama City - Cost of restaurants

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pay 2.6 times more for groceries

	Minsk	Panama City
Bread 1 loaf	$0.56 BYN1.84	$2.51 PAB2.51	+346.4%
Local cheese (8 oz)	$3.06 BYN10.00	$6.39 PAB6.39	+108.9%
Milk (1 gallon)	$2.78 BYN9.09	$6.80 PAB6.80	+144.6%
Eggs 1 dozen	$1.29 BYN4.21	$2.68 PAB2.68	+107.9%
Boneless chicken breast (1 lb)	$1.74 BYN5.71	$3.41 PAB3.41	+95.4%
Apples (1 lb)	$0.50 BYN1.64	$1.48 PAB1.48	+196.1%
Bananas (1 lb)	$0.74 BYN2.44	$0.72 PAB0.72	-2.9%
Oranges (1 lb)	$0.78 BYN2.55	$1.24 PAB1.24	+59.3%
Tomatoes (1 lb)	$0.98 BYN3.21	$1.40 PAB1.40	+42.6%
Potatoes (1 lb)	$0.19 BYN0.63	$0.98 PAB0.98	+410.0%
Onions (1 lb)	$0.28 BYN0.92	$1.15 PAB1.15	+305.8%
Average			+164.9%

Minsk vs. Panama City - Cost of groceries

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pay 2.1 times more for transportation

	Minsk	Panama City
Gasoline (1 gallon)	$2.80 BYN9.15	$3.69 PAB3.69	+31.9%
Monthly public transit pass	$15.51 BYN50.74	$25.00 PAB25.00	+61.2%
New Volkswagen Golf 1.4 (standard edition)	$17,466.62 BYN57,155.00	$19,750.00 PAB19,750.00	+13.1%
Taxi trip in downtown area (5 miles)	$3.72 BYN12.19	$16.71 PAB16.71	+348.6%
Average			+113.7%

Minsk vs. Panama City - Cost of transportation

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pay 3.0 times more for housing

	Minsk	Panama City
Internet connection 50 mbps or faster, cable/dsl	$10.42 BYN34.10	$52.10 PAB52.10	+399.9%
1-Bedroom apartment in downtown area	$468.79 BYN1,534.00	$1,023.81 PAB1,023.81	+118.4%
1-Bedroom apartment outside city center	$299.22 BYN979.12	$755.88 PAB755.88	+152.6%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$41.67 BYN136.34	$94.84 PAB94.84	+127.6%
Average			+199.6%

Minsk vs. Panama City - Cost of housing

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pay 22.1% more for childcare

	Minsk	Panama City
Private preschool for 1 child, monthly	$301.24 BYN985.72	$439.17 PAB439.17	+45.8%
Middle school for 1 child, two semesters	$10,252.74 BYN33,549.45	$10,092.67 PAB10,092.67	-1.6%
Average			+22.1%

Minsk vs. Panama City - Cost of childcare

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pay 2.1 times more for entertainment and sports

	Minsk	Panama City
Domestic/local beer (1 pint)	$1.43 BYN4.69	$3.00 PAB3.00	+109.3%
Cappuccino in mid-range area	$1.69 BYN5.52	$3.59 PAB3.59	+112.9%
Pack of cigarettes Marlboro or similar	$1.82 BYN5.96	$5.50 PAB5.50	+201.8%
Monthly membership at local gym	$31.67 BYN103.63	$47.27 PAB47.27	+49.3%
Movie ticket to theater/cinema	$4.56 BYN14.91	$7.00 PAB7.00	+53.6%
Average			+105.4%

Minsk vs. Panama City - Cost of entertainment and sports

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pay 10.1% less for clothing

	Minsk	Panama City
Regular jeans Levi's brand	$62.57 BYN204.76	$53.91 PAB53.91	-13.8%
Regular dress from H&M or similar store	$47.40 BYN155.10	$37.78 PAB37.78	-20.3%
Running shoes Nike or Adidas	$106.39 BYN348.13	$87.62 PAB87.62	-17.6%
Men's business shoes (leather)	$97.82 BYN320.08	$108.75 PAB108.75	+11.2%
Average			-10.1%

Minsk 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: April 2025

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