Cost of living comparison
Luxembourg is 63.5% more expensive than Panama City.
- Restaurants
-
pay 96.6% more in Luxembourg
- Groceries
-
pay 15.6% more in Luxembourg
- Transportation
-
pay 64.2% more in Luxembourg
- Housing
-
pay 75.3% more in Luxembourg
- Childcare
-
pay 2.4 times more in Luxembourg
- Entertainment and Sports
-
pay 57.0% more in Luxembourg
- Clothing
-
pay 1.8% less in Luxembourg
The cost of childcare, restaurants, housing, transportation, entertainment and sports, and groceries in Luxembourg are more expensive than in Panama City. Notably, childcare, restaurants, and housing are significantly more expensive in Luxembourg.
If you lived in Luxembourg instead of Panama City, you would:
pay 96.6% more for restaurants
|
Panama City
|
Luxembourg
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.25
PAB13.25
|
$21.44
€18.60
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.00
PAB8.00
|
$12.86
€11.16
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.86
PAB1.86
|
$3.89
€3.38
|
|
| Bottle of water (11 fl. oz) |
$1.41
PAB1.41
|
$3.59
€3.11
|
|
pay 15.6% more for groceries
|
Panama City
|
Luxembourg
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.51
PAB2.51
|
$3.19
€2.77
|
|
| Local cheese (8 oz) |
$6.39
PAB6.39
|
$8.38
€7.27
|
|
| Milk (1 gallon) |
$6.80
PAB6.80
|
$5.80
€5.03
|
|
|
Eggs
1 dozen
|
$2.68
PAB2.68
|
$4.18
€3.63
|
|
| Boneless chicken breast (1 lb) |
$3.41
PAB3.41
|
$5.36
€4.65
|
|
| Apples (1 lb) |
$1.48
PAB1.48
|
$1.21
€1.05
|
|
| Bananas (1 lb) |
$0.72
PAB0.72
|
$0.91
€0.79
|
|
| Oranges (1 lb) |
$1.24
PAB1.24
|
$1.12
€0.98
|
|
| Tomatoes (1 lb) |
$1.40
PAB1.40
|
$1.85
€1.60
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$0.95
€0.83
|
|
| Onions (1 lb) |
$1.15
PAB1.15
|
$1.00
€0.86
|
|
pay 64.2% more for transportation
|
Panama City
|
Luxembourg
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.69
PAB3.69
|
$6.12
€5.31
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
?? | |
| New Volkswagen Golf 1.4 (standard edition) |
$19,750.00
PAB19,750.00
|
$27,027.72
€23,452.41
|
|
| Taxi trip in downtown area (5 miles) |
$16.71
PAB16.71
|
$31.72
€27.53
|
|
pay 75.3% more for housing
|
Panama City
|
Luxembourg
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$52.10
PAB52.10
|
$51.67
€44.84
|
|
| 1-Bedroom apartment in downtown area |
$1,023.81
PAB1,023.81
|
$1,942.57
€1,685.60
|
|
| 1-Bedroom apartment outside city center |
$755.88
PAB755.88
|
$1,630.61
€1,414.91
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$94.84
PAB94.84
|
$186.56
€161.88
|
|
pay 2.4 times more for childcare
|
Panama City
|
Luxembourg
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$439.17
PAB439.17
|
$1,316.93
€1,142.72
|
|
| Middle school for 1 child, two semesters |
$10,092.67
PAB10,092.67
|
$17,684.09
€15,344.79
|
|
pay 57.0% more for entertainment and sports
|
Panama City
|
Luxembourg
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.00
PAB3.00
|
$7.23
€6.28
|
|
| Cappuccino in mid-range area |
$3.59
PAB3.59
|
$4.34
€3.77
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.50
PAB5.50
|
$6.16
€5.35
|
|
| Monthly membership at local gym |
$47.27
PAB47.27
|
$45.62
€39.59
|
|
| Movie ticket to theater/cinema |
$7.00
PAB7.00
|
$15.00
€13.02
|
|
pay 1.8% less for clothing
|
Panama City
|
Luxembourg
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$53.91
PAB53.91
|
$64.15
€55.67
|
|
|
Regular dress
from H&M or similar store
|
$37.78
PAB37.78
|
$32.76
€28.43
|
|
|
Running shoes
Nike or Adidas
|
$87.62
PAB87.62
|
$82.52
€71.60
|
|
| Men's business shoes (leather) |
$108.75
PAB108.75
|
$101.28
€87.88
|
|
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