Cost of living comparison

 Panama City, Panama
compared to
 Tokyo, Japan
Tokyo vs. Panama City Cost of Living Summary

Tokyo is 10.5% more expensive than Panama City.

Restaurants
pay 43.2% less in Tokyo
Groceries
pay 24.6% more in Tokyo
Transportation
pay 57.9% more in Tokyo
Housing
pay 2.7% less in Tokyo
Childcare
pay 32.5% more in Tokyo
Entertainment and Sports
pay 18.7% more in Tokyo
Clothing
pay 14.1% less in Tokyo

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

Tokyo vs. Panama City Cost Breakdown

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

pay 43.2% less for restaurants

 
Panama City
Tokyo
Basic meal with drink at inexpensive restaurant $13.25
PAB13.25
$6.51
¥938
Fast food combo meal
McDonalds, or similar
$8.00
PAB8.00
$5.21
¥751
Bottle of Coca-Cola (11 fl. oz) $1.86
PAB1.86
$1.12
¥161

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pay 24.6% more for groceries

 
Panama City
Tokyo
Bread
1 loaf
$2.51
PAB2.51
$1.63
¥235
Local cheese (8 oz) $6.39
PAB6.39
$7.01
¥1,010
Milk (1 gallon) $6.80
PAB6.80
$5.89
¥848

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pay 57.9% more for transportation

 
Panama City
Tokyo
Gasoline (1 gallon) $3.69
PAB3.69
$4.42
¥637
Monthly public transit pass $25.00
PAB25.00
$58.62
¥8,444
New Volkswagen Golf 1.4 (standard edition) $19,750.00
PAB19,750.00
$21,767.76
¥3,135,439

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pay 2.7% less for housing

 
Panama City
Tokyo
Internet connection
50 mbps or faster, cable/dsl
$52.10
PAB52.10
$31.86
¥4,589
1-Bedroom apartment in downtown area $1,023.81
PAB1,023.81
$1,120.28
¥161,365
1-Bedroom apartment outside city center $755.88
PAB755.88
$582.98
¥83,973

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pay 32.5% more for childcare

 
Panama City
Tokyo
Private preschool for 1 child, monthly $439.17
PAB439.17
$533.29
¥76,816
Middle school for 1 child, two semesters $10,092.67
PAB10,092.67
$14,506.96
¥2,089,589

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pay 18.7% more for entertainment and sports

 
Panama City
Tokyo
Domestic/local beer (1 pint) $3.00
PAB3.00
$3.26
¥469
Cappuccino in mid-range area $3.59
PAB3.59
$3.40
¥490
Pack of cigarettes
Marlboro or similar
$5.50
PAB5.50
$3.91
¥563

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pay 14.1% less for clothing

 
Panama City
Tokyo
Regular jeans
Levi's brand
$53.91
PAB53.91
$52.60
¥7,576
Regular dress
from H&M or similar store
$37.78
PAB37.78
$36.87
¥5,311
Running shoes
Nike or Adidas
$87.62
PAB87.62
$63.41
¥9,134

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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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