Cost of living comparison
Budapest is 8.4% cheaper than Panama City.
- Restaurants
-
pay 14.0% less in Budapest
- Groceries
-
pay 31.3% less in Budapest
- Transportation
-
pay 17.7% more in Budapest
- Housing
-
pay 32.1% less in Budapest
- Childcare
-
pay 0.5% more in Budapest
- Entertainment and Sports
-
pay 4.8% less in Budapest
- Clothing
-
pay 5.2% more in Budapest
The cost of transportation, clothing, and childcare in Budapest are more expensive than in Panama City. Expenses including housing, groceries, restaurants, and entertainment and sports are lower in Budapest.
If you lived in Budapest instead of Panama City, you would:
pay 14.0% less for restaurants
|
Panama City
|
Budapest
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.25
PAB13.25
|
$10.52
HUF3,726.80
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.00
PAB8.00
|
$7.89
HUF2,795.10
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.86
PAB1.86
|
$1.53
HUF540.36
|
|
| Bottle of water (11 fl. oz) |
$1.41
PAB1.41
|
$1.18
HUF418.96
|
|
pay 31.3% less for groceries
|
Panama City
|
Budapest
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.51
PAB2.51
|
$1.48
HUF524.34
|
|
| Local cheese (8 oz) |
$6.39
PAB6.39
|
$4.42
HUF1,564.10
|
|
| Milk (1 gallon) |
$6.80
PAB6.80
|
$3.98
HUF1,409.46
|
|
|
Eggs
1 dozen
|
$2.68
PAB2.68
|
$2.43
HUF861.51
|
|
| Boneless chicken breast (1 lb) |
$3.41
PAB3.41
|
$2.44
HUF864.34
|
|
| Apples (1 lb) |
$1.48
PAB1.48
|
$0.71
HUF250.48
|
|
| Bananas (1 lb) |
$0.72
PAB0.72
|
$0.80
HUF282.42
|
|
| Oranges (1 lb) |
$1.24
PAB1.24
|
$0.81
HUF285.91
|
|
| Tomatoes (1 lb) |
$1.40
PAB1.40
|
$1.17
HUF415.34
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$0.51
HUF180.31
|
|
| Onions (1 lb) |
$1.15
PAB1.15
|
$0.55
HUF193.81
|
|
pay 17.7% more for transportation
|
Panama City
|
Budapest
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.69
PAB3.69
|
$6.17
HUF2,186.16
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$23.54
HUF8,338.72
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$19,750.00
PAB19,750.00
|
$26,962.74
HUF9,549,931.69
|
|
| Taxi trip in downtown area (5 miles) |
$16.71
PAB16.71
|
$12.15
HUF4,304.46
|
|
pay 32.1% less for housing
|
Panama City
|
Budapest
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$52.10
PAB52.10
|
$17.98
HUF6,369.89
|
|
| 1-Bedroom apartment in downtown area |
$1,023.81
PAB1,023.81
|
$642.83
HUF227,684.04
|
|
| 1-Bedroom apartment outside city center |
$755.88
PAB755.88
|
$478.04
HUF169,317.13
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$94.84
PAB94.84
|
$105.42
HUF37,338.63
|
|
pay 0.5% more for childcare
|
Panama City
|
Budapest
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$439.17
PAB439.17
|
$423.92
HUF150,147.14
|
|
| Middle school for 1 child, two semesters |
$10,092.67
PAB10,092.67
|
$10,554.11
HUF3,738,160.74
|
|
pay 4.8% less for entertainment and sports
|
Panama City
|
Budapest
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.00
PAB3.00
|
$2.63
HUF931.70
|
|
| Cappuccino in mid-range area |
$3.59
PAB3.59
|
$2.37
HUF840.66
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.50
PAB5.50
|
$5.98
HUF2,119.62
|
|
| Monthly membership at local gym |
$47.27
PAB47.27
|
$49.31
HUF17,466.00
|
|
| Movie ticket to theater/cinema |
$7.00
PAB7.00
|
$7.63
HUF2,701.93
|
|
pay 5.2% more for clothing
|
Panama City
|
Budapest
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$53.91
PAB53.91
|
$74.81
HUF26,496.97
|
|
|
Regular dress
from H&M or similar store
|
$37.78
PAB37.78
|
$36.73
HUF13,008.78
|
|
|
Running shoes
Nike or Adidas
|
$87.62
PAB87.62
|
$86.74
HUF30,720.69
|
|
| Men's business shoes (leather) |
$108.75
PAB108.75
|
$93.52
HUF33,123.56
|
|
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