Cost of living comparison

Panama

compared to

Czech Republic

Czech Republic vs. Panama Cost of Living Summary

Czech Republic is 8.6% more expensive than Panama overall.

Restaurants: pay 1.6% more in Czech Republic
Groceries: pay 22.9% less in Czech Republic
Transportation: pay 18.2% more in Czech Republic
Housing: pay 23.5% more in Czech Republic
Childcare: pay 21.0% more in Czech Republic
Entertainment and Sports: pay 8.9% more in Czech Republic
Clothing: pay 9.8% more in Czech Republic

The cost of housing, childcare, transportation, clothing, entertainment and sports, and restaurants in Czech Republic are more expensive than in Panama.

Czech Republic vs. Panama Cost Breakdown

If you lived in Czech Republic instead of Panama, you would:

Display currency: USD

pay 1.6% more for restaurants

	Panama	Czech Republic
Basic meal with drink at inexpensive restaurant	$8.45 PAB8.45	$7.70 CZK170.22	-8.9%
Fast food combo meal McDonalds, or similar	$7.90 PAB7.90	$7.61 CZK168.39	-3.6%
Bottle of Coca-Cola (11 fl. oz)	$1.54 PAB1.54	$1.59 CZK35.24	+3.4%
Bottle of water (11 fl. oz)	$1.17 PAB1.17	$1.35 CZK29.87	+15.7%
Average			+1.6%

Panama vs. Czech Republic - Cost of restaurants

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pay 22.9% less for groceries

	Panama	Czech Republic
Bread 1 loaf	$2.19 PAB2.19	$1.29 CZK28.47	-41.2%
Local cheese (8 oz)	$5.66 PAB5.66	$5.47 CZK120.88	-3.5%
Milk (1 gallon)	$6.43 PAB6.43	$3.90 CZK86.15	-39.4%
Eggs 1 dozen	$2.53 PAB2.53	$2.64 CZK58.42	+4.6%
Boneless chicken breast (1 lb)	$3.54 PAB3.54	$3.73 CZK82.42	+5.2%
Apples (1 lb)	$2.12 PAB2.12	$0.62 CZK13.64	-70.9%
Bananas (1 lb)	$0.61 PAB0.61	$0.71 CZK15.67	+15.7%
Oranges (1 lb)	$1.29 PAB1.29	$0.88 CZK19.40	-32.0%
Tomatoes (1 lb)	$1.16 PAB1.16	$1.29 CZK28.58	+11.8%
Potatoes (1 lb)	$0.98 PAB0.98	$0.51 CZK11.17	-48.6%
Onions (1 lb)	$1.01 PAB1.01	$0.46 CZK10.28	-53.9%
Average			-22.9%

Panama vs. Czech Republic - Cost of groceries

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pay 18.2% more for transportation

	Panama	Czech Republic
Gasoline (1 gallon)	$3.92 PAB3.92	$5.95 CZK131.68	+51.7%
Monthly public transit pass	$25.00 PAB25.00	$21.06 CZK465.89	-15.7%
New Volkswagen Golf 1.4 (standard edition)	$18,916.67 PAB18,916.67	$31,453.98 CZK695,683.32	+66.3%
Taxi trip in downtown area (5 miles)	$16.61 PAB16.61	$11.74 CZK259.63	-29.3%
Average			+18.2%

Panama vs. Czech Republic - Cost of transportation

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pay 23.5% more for housing

	Panama	Czech Republic
Internet connection 50 mbps or faster, cable/dsl	$47.61 PAB47.61	$18.70 CZK413.50	-60.7%
1-Bedroom apartment in downtown area	$747.76 PAB747.76	$610.48 CZK13,502.26	-18.4%
1-Bedroom apartment outside city center	$567.84 PAB567.84	$493.17 CZK10,907.67	-13.2%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$69.20 PAB69.20	$198.15 CZK4,382.56	+186.4%
Average			+23.5%

Panama vs. Czech Republic - Cost of housing

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pay 21.0% more for childcare

	Panama	Czech Republic
Private preschool for 1 child, monthly	$302.08 PAB302.08	$363.72 CZK8,044.53	+20.4%
Middle school for 1 child, two semesters	$6,548.17 PAB6,548.17	$7,967.34 CZK176,217.74	+21.7%
Average			+21.0%

Panama vs. Czech Republic - Cost of childcare

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pay 8.9% more for entertainment and sports

	Panama	Czech Republic
Domestic/local beer (1 pint)	$1.95 PAB1.95	$1.90 CZK42.01	-2.6%
Cappuccino in mid-range area	$3.39 PAB3.39	$2.60 CZK57.51	-23.2%
Pack of cigarettes Marlboro or similar	$5.38 PAB5.38	$6.46 CZK142.94	+20.2%
Monthly membership at local gym	$57.20 PAB57.20	$47.23 CZK1,044.51	-17.4%
Movie ticket to theater/cinema	$5.33 PAB5.33	$8.95 CZK197.88	+67.7%
Average			+8.9%

Panama vs. Czech Republic - Cost of entertainment and sports

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pay 9.8% more for clothing

	Panama	Czech Republic
Regular jeans Levi's brand	$47.41 PAB47.41	$69.75 CZK1,542.59	+47.1%
Regular dress from H&M or similar store	$34.81 PAB34.81	$31.40 CZK694.41	-9.8%
Running shoes Nike or Adidas	$81.21 PAB81.21	$80.03 CZK1,770.14	-1.4%
Men's business shoes (leather)	$100.42 PAB100.42	$103.55 CZK2,290.28	+3.1%
Average			+9.8%

Panama vs. Czech Republic - 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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