Cost of living comparison

 Panama City, Panama
compared to
 Beirut, Lebanon
Beirut vs. Panama City Cost of Living Summary

Beirut is 6.7% cheaper than Panama City.

Restaurants
pay 15.8% less in Beirut
Groceries
pay 36.8% less in Beirut
Transportation
pay 55.7% more in Beirut
Housing
pay 12.3% less in Beirut
Childcare
pay 47.4% less in Beirut
Entertainment and Sports
pay 20.0% less in Beirut
Clothing
pay 29.4% more in Beirut

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

Beirut vs. Panama City Cost Breakdown

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

pay 15.8% less for restaurants

 
Panama City
Beirut
Basic meal with drink at inexpensive restaurant $13.25
PAB13.25
$10.00
LBP896,000
Fast food combo meal
McDonalds, or similar
$8.00
PAB8.00
$7.64
LBP684,454
Bottle of Coca-Cola (11 fl. oz) $1.86
PAB1.86
$1.59
LBP142,400

Improve prices ·

pay 36.8% less for groceries

 
Panama City
Beirut
Bread
1 loaf
$2.51
PAB2.51
$0.91
LBP81,940
Local cheese (8 oz) $6.39
PAB6.39
$5.48
LBP490,560
Milk (1 gallon) $6.80
PAB6.80
$6.19
LBP554,417

Improve prices ·

pay 55.7% more for transportation

 
Panama City
Beirut
Gasoline (1 gallon) $3.69
PAB3.69
$3.49
LBP312,766
Monthly public transit pass $25.00
PAB25.00
$75.00
LBP6,720,000
New Volkswagen Golf 1.4 (standard edition) $19,750.00
PAB19,750.00
$30,000.00
LBP2,688,000,000

Improve prices ·

pay 12.3% less for housing

 
Panama City
Beirut
Internet connection
50 mbps or faster, cable/dsl
$52.10
PAB52.10
$31.88
LBP2,856,000
1-Bedroom apartment in downtown area $1,023.81
PAB1,023.81
$738.24
LBP66,145,882
1-Bedroom apartment outside city center $755.88
PAB755.88
$359.38
LBP32,200,000

Improve prices ·

pay 47.4% less for childcare

 
Panama City
Beirut
Private preschool for 1 child, monthly $439.17
PAB439.17
$283.33
LBP25,386,667
Middle school for 1 child, two semesters $10,092.67
PAB10,092.67
$4,111.11
LBP368,355,556

Improve prices ·

pay 20.0% less for entertainment and sports

 
Panama City
Beirut
Domestic/local beer (1 pint) $3.00
PAB3.00
$3.00
LBP268,800
Cappuccino in mid-range area $3.59
PAB3.59
$2.80
LBP250,880
Pack of cigarettes
Marlboro or similar
$5.50
PAB5.50
$2.00
LBP179,200

Improve prices ·

pay 29.4% more for clothing

 
Panama City
Beirut
Regular jeans
Levi's brand
$53.91
PAB53.91
$78.12
LBP7,000,000
Regular dress
from H&M or similar store
$37.78
PAB37.78
$57.86
LBP5,184,000
Running shoes
Nike or Adidas
$87.62
PAB87.62
$103.12
LBP9,240,000

Improve prices ·
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: June 2025
Share this

Compare countries by overall cost of living

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

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Beirut or Panama City. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.