Cost of living comparison

Panama City, Panama

compared to

Oslo, Norway

Oslo vs. Panama City Cost of Living Summary

Oslo is 54.3% more expensive than Panama City.

Restaurants: pay 78.2% more in Oslo
Groceries: pay 29.7% more in Oslo
Transportation: pay 2.1 times more in Oslo
Housing: pay 45.1% more in Oslo
Childcare: pay 30.8% less in Oslo
Entertainment and Sports: pay 2.1 times more in Oslo
Clothing: pay 40.9% more in Oslo

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

Oslo vs. Panama City Cost Breakdown

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

Display currency: USD

pay 78.2% more for restaurants

	Panama City	Oslo
Basic meal with drink at inexpensive restaurant	$13.25 PAB13.25	$21.80 NOK228.69	+64.5%
Fast food combo meal McDonalds, or similar	$8.00 PAB8.00	$12.31 NOK129.11	+53.8%
Bottle of Coca-Cola (11 fl. oz)	$1.86 PAB1.86	$3.63 NOK38.08	+95.4%
Bottle of water (11 fl. oz)	$1.41 PAB1.41	$2.81 NOK29.51	+99.3%
Average			+78.2%

Panama City vs. Oslo - Cost of restaurants

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pay 29.7% more for groceries

	Panama City	Oslo
Bread 1 loaf	$2.51 PAB2.51	$3.25 NOK34.12	+29.8%
Local cheese (8 oz)	$6.39 PAB6.39	$6.40 NOK67.11	+0.2%
Milk (1 gallon)	$6.80 PAB6.80	$7.87 NOK82.52	+15.7%
Eggs 1 dozen	$2.68 PAB2.68	$4.50 NOK47.17	+68.0%
Boneless chicken breast (1 lb)	$3.41 PAB3.41	$6.79 NOK71.25	+99.3%
Apples (1 lb)	$1.48 PAB1.48	$1.44 NOK15.15	-2.5%
Bananas (1 lb)	$0.72 PAB0.72	$1.04 NOK10.87	+43.3%
Oranges (1 lb)	$1.24 PAB1.24	$1.43 NOK15.00	+15.3%
Tomatoes (1 lb)	$1.40 PAB1.40	$2.19 NOK22.98	+56.7%
Potatoes (1 lb)	$0.98 PAB0.98	$1.08 NOK11.33	+9.8%
Onions (1 lb)	$1.15 PAB1.15	$1.04 NOK10.91	-9.3%
Average			+29.7%

Panama City vs. Oslo - Cost of groceries

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pay 2.1 times more for transportation

	Panama City	Oslo
Gasoline (1 gallon)	$3.69 PAB3.69	$7.74 NOK81.24	+109.8%
Monthly public transit pass	$25.00 PAB25.00	$81.47 NOK854.72	+225.9%
New Volkswagen Golf 1.4 (standard edition)	$19,750.00 PAB19,750.00	$36,328.41 NOK381,145.19	+83.9%
Taxi trip in downtown area (5 miles)	$16.71 PAB16.71	$20.53 NOK215.35	+22.9%
Average			+110.6%

Panama City vs. Oslo - Cost of transportation

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pay 45.1% more for housing

	Panama City	Oslo
Internet connection 50 mbps or faster, cable/dsl	$52.10 PAB52.10	$52.77 NOK553.69	+1.3%
1-Bedroom apartment in downtown area	$1,023.81 PAB1,023.81	$1,432.43 NOK15,028.55	+39.9%
1-Bedroom apartment outside city center	$755.88 PAB755.88	$1,135.26 NOK11,910.79	+50.2%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$94.84 PAB94.84	$179.32 NOK1,881.37	+89.1%
Average			+45.1%

Panama City vs. Oslo - Cost of housing

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pay 30.8% less for childcare

	Panama City	Oslo
Private preschool for 1 child, monthly	$439.17 PAB439.17	$257.78 NOK2,704.54	-41.3%
Middle school for 1 child, two semesters	$10,092.67 PAB10,092.67	$8,036.90 NOK84,320.43	-20.4%
Average			-30.8%

Panama City vs. Oslo - Cost of childcare

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pay 2.1 times more for entertainment and sports

	Panama City	Oslo
Domestic/local beer (1 pint)	$3.00 PAB3.00	$9.99 NOK104.81	+233.0%
Cappuccino in mid-range area	$3.59 PAB3.59	$4.35 NOK45.64	+21.2%
Pack of cigarettes Marlboro or similar	$5.50 PAB5.50	$14.53 NOK152.46	+164.2%
Monthly membership at local gym	$47.27 PAB47.27	$46.05 NOK483.13	-2.6%
Movie ticket to theater/cinema	$7.00 PAB7.00	$15.21 NOK159.60	+117.3%
Average			+106.6%

Panama City vs. Oslo - Cost of entertainment and sports

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pay 40.9% more for clothing

	Panama City	Oslo
Regular jeans Levi's brand	$53.91 PAB53.91	$97.96 NOK1,027.81	+81.7%
Regular dress from H&M or similar store	$37.78 PAB37.78	$49.61 NOK520.53	+31.3%
Running shoes Nike or Adidas	$87.62 PAB87.62	$112.16 NOK1,176.71	+28.0%
Men's business shoes (leather)	$108.75 PAB108.75	$133.33 NOK1,398.80	+22.6%
Average			+40.9%

Panama City vs. Oslo - 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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