Cost of living comparison
Podgorica is 14.1% cheaper than Panama City.
- Restaurants
-
pay 3.3% less in Podgorica
- Groceries
-
pay 30.4% less in Podgorica
- Transportation
-
pay 18.2% more in Podgorica
- Housing
-
pay 34.9% less in Podgorica
- Childcare
-
pay 35.3% less in Podgorica
- Entertainment and Sports
-
pay 27.3% less in Podgorica
- Clothing
-
pay 14.3% more in Podgorica
The cost of transportation and clothing in Podgorica are more expensive than in Panama City. Expenses including childcare, housing, groceries, entertainment and sports, and restaurants are lower in Podgorica.
If you lived in Podgorica instead of Panama City, you would:
pay 3.3% less for restaurants
|
Panama City
|
Podgorica
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.25
PAB13.25
|
$8.57
€7.55
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.00
PAB8.00
|
$8.04
€7.08
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.86
PAB1.86
|
$2.13
€1.88
|
|
| Bottle of water (11 fl. oz) |
$1.41
PAB1.41
|
$1.51
€1.33
|
|
pay 30.4% less for groceries
|
Panama City
|
Podgorica
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.51
PAB2.51
|
$0.93
€0.81
|
|
| Local cheese (8 oz) |
$6.39
PAB6.39
|
$3.98
€3.50
|
|
| Milk (1 gallon) |
$6.80
PAB6.80
|
$4.94
€4.35
|
|
|
Eggs
1 dozen
|
$2.68
PAB2.68
|
$2.96
€2.61
|
|
| Boneless chicken breast (1 lb) |
$3.41
PAB3.41
|
$3.59
€3.16
|
|
| Apples (1 lb) |
$1.48
PAB1.48
|
$0.61
€0.53
|
|
| Bananas (1 lb) |
$0.72
PAB0.72
|
$0.85
€0.75
|
|
| Oranges (1 lb) |
$1.24
PAB1.24
|
$0.67
€0.59
|
|
| Tomatoes (1 lb) |
$1.40
PAB1.40
|
$1.06
€0.93
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$0.44
€0.39
|
|
| Onions (1 lb) |
$1.15
PAB1.15
|
$0.52
€0.46
|
|
pay 18.2% more for transportation
|
Panama City
|
Podgorica
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.69
PAB3.69
|
$6.02
€5.30
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$32.15
€28.31
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$19,750.00
PAB19,750.00
|
$27,933.36
€24,593.57
|
|
| Taxi trip in downtown area (5 miles) |
$16.71
PAB16.71
|
$6.64
€5.85
|
|
pay 34.9% less for housing
|
Panama City
|
Podgorica
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$52.10
PAB52.10
|
$29.29
€25.78
|
|
| 1-Bedroom apartment in downtown area |
$1,023.81
PAB1,023.81
|
$586.17
€516.09
|
|
| 1-Bedroom apartment outside city center |
$755.88
PAB755.88
|
$453.87
€399.60
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$94.84
PAB94.84
|
$82.62
€72.74
|
|
pay 35.3% less for childcare
|
Panama City
|
Podgorica
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$439.17
PAB439.17
|
$265.47
€233.73
|
|
| Middle school for 1 child, two semesters |
$10,092.67
PAB10,092.67
|
$6,966.46
€6,133.53
|
|
pay 27.3% less for entertainment and sports
|
Panama City
|
Podgorica
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.00
PAB3.00
|
$2.36
€2.08
|
|
| Cappuccino in mid-range area |
$3.59
PAB3.59
|
$1.95
€1.71
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.50
PAB5.50
|
$3.86
€3.40
|
|
| Monthly membership at local gym |
$47.27
PAB47.27
|
$39.72
€34.97
|
|
| Movie ticket to theater/cinema |
$7.00
PAB7.00
|
$5.36
€4.72
|
|
pay 14.3% more for clothing
|
Panama City
|
Podgorica
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$53.91
PAB53.91
|
$76.10
€67.00
|
|
|
Regular dress
from H&M or similar store
|
$37.78
PAB37.78
|
$41.90
€36.89
|
|
|
Running shoes
Nike or Adidas
|
$87.62
PAB87.62
|
$93.78
€82.57
|
|
| Men's business shoes (leather) |
$108.75
PAB108.75
|
$106.69
€93.93
|
|
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