Cost of living comparison

Panama City, Panama

compared to

Taipei, Taiwan

Taipei vs. Panama City Cost of Living Summary

Taipei is 0.3% cheaper than Panama City.

Restaurants: pay 47.1% less in Taipei
Groceries: pay 19.4% more in Taipei
Transportation: pay 19.2% more in Taipei
Housing: pay 40.9% less in Taipei
Childcare: pay 60.0% more in Taipei
Entertainment and Sports: pay 7.5% less in Taipei
Clothing: pay 5.3% less in Taipei

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

Taipei vs. Panama City Cost Breakdown

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

Display currency: USD

pay 47.1% less for restaurants

	Panama City	Taipei
Basic meal with drink at inexpensive restaurant	$13.25 PAB13.25	$6.18 NT$182.72	-53.3%
Fast food combo meal McDonalds, or similar	$8.00 PAB8.00	$5.01 NT$148.00	-37.4%
Bottle of Coca-Cola (11 fl. oz)	$1.86 PAB1.86	$1.00 NT$29.68	-45.9%
Bottle of water (11 fl. oz)	$1.41 PAB1.41	$0.68 NT$20.07	-51.9%
Average			-47.1%

Panama City vs. Taipei - Cost of restaurants

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pay 19.4% more for groceries

	Panama City	Taipei
Bread 1 loaf	$2.51 PAB2.51	$1.86 NT$54.92	-25.8%
Local cheese (8 oz)	$6.39 PAB6.39	$8.37 NT$247.48	+31.1%
Milk (1 gallon)	$6.80 PAB6.80	$10.77 NT$318.27	+58.4%
Eggs 1 dozen	$2.68 PAB2.68	$2.72 NT$80.30	+1.6%
Boneless chicken breast (1 lb)	$3.41 PAB3.41	$4.37 NT$129.02	+28.1%
Apples (1 lb)	$1.48 PAB1.48	$2.06 NT$60.94	+39.1%
Bananas (1 lb)	$0.72 PAB0.72	$1.01 NT$29.94	+40.1%
Oranges (1 lb)	$1.24 PAB1.24	$1.25 NT$36.85	+0.5%
Tomatoes (1 lb)	$1.40 PAB1.40	$1.56 NT$45.95	+11.3%
Potatoes (1 lb)	$0.98 PAB0.98	$1.30 NT$38.39	+32.1%
Onions (1 lb)	$1.15 PAB1.15	$1.11 NT$32.80	-3.1%
Average			+19.4%

Panama City vs. Taipei - Cost of groceries

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pay 19.2% more for transportation

	Panama City	Taipei
Gasoline (1 gallon)	$3.69 PAB3.69	$3.68 NT$108.88	-0.2%
Monthly public transit pass	$25.00 PAB25.00	$37.10 NT$1,096.31	+48.4%
New Volkswagen Golf 1.4 (standard edition)	$19,750.00 PAB19,750.00	$34,750.62 NT$1,026,873.73	+76.0%
Taxi trip in downtown area (5 miles)	$16.71 PAB16.71	$8.81 NT$260.37	-47.3%
Average			+19.2%

Panama City vs. Taipei - Cost of transportation

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pay 40.9% less for housing

	Panama City	Taipei
Internet connection 50 mbps or faster, cable/dsl	$52.10 PAB52.10	$24.04 NT$710.33	-53.9%
1-Bedroom apartment in downtown area	$1,023.81 PAB1,023.81	$630.95 NT$18,644.42	-38.4%
1-Bedroom apartment outside city center	$755.88 PAB755.88	$465.35 NT$13,751.09	-38.4%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$94.84 PAB94.84	$63.62 NT$1,879.97	-32.9%
Average			-40.9%

Panama City vs. Taipei - Cost of housing

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pay 60.0% more for childcare

	Panama City	Taipei
Private preschool for 1 child, monthly	$439.17 PAB439.17	$610.09 NT$18,028.15	+38.9%
Middle school for 1 child, two semesters	$10,092.67 PAB10,092.67	$18,275.33 NT$540,032.45	+81.1%
Average			+60.0%

Panama City vs. Taipei - Cost of childcare

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pay 7.5% less for entertainment and sports

	Panama City	Taipei
Domestic/local beer (1 pint)	$3.00 PAB3.00	$2.63 NT$77.66	-12.4%
Cappuccino in mid-range area	$3.59 PAB3.59	$3.05 NT$90.05	-15.1%
Pack of cigarettes Marlboro or similar	$5.50 PAB5.50	$3.71 NT$109.63	-32.5%
Monthly membership at local gym	$47.27 PAB47.27	$38.32 NT$1,132.24	-18.9%
Movie ticket to theater/cinema	$7.00 PAB7.00	$9.89 NT$292.35	+41.3%
Average			-7.5%

Panama City vs. Taipei - Cost of entertainment and sports

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pay 5.3% less for clothing

	Panama City	Taipei
Regular jeans Levi's brand	$53.91 PAB53.91	$56.02 NT$1,655.42	+3.9%
Regular dress from H&M or similar store	$37.78 PAB37.78	$31.15 NT$920.58	-17.5%
Running shoes Nike or Adidas	$87.62 PAB87.62	$85.26 NT$2,519.40	-2.7%
Men's business shoes (leather)	$108.75 PAB108.75	$103.43 NT$3,056.37	-4.9%
Average			-5.3%

Panama City vs. Taipei - 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: June 2025

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