Cost of living comparison

Panama

compared to

Equatorial Guinea

Equatorial Guinea vs. Panama Cost of Living Summary

Equatorial Guinea is 1.0% more expensive than Panama overall.

Restaurants: pay 23.6% more in Equatorial Guinea
Groceries: pay 47.2% more in Equatorial Guinea
Transportation: pay 0.8% more in Equatorial Guinea
Housing: pay 64.5% less in Equatorial Guinea
Childcare: pay 86.7% less in Equatorial Guinea
Entertainment and Sports: pay 4.7% more in Equatorial Guinea
Clothing: pay 82.1% more in Equatorial Guinea

The cost of clothing, groceries, restaurants, entertainment and sports, and transportation in Equatorial Guinea are more expensive than in Panama. Expenses including childcare and housing are lower in Equatorial Guinea. Notably, clothing is significantly more expensive in Equatorial Guinea.

Equatorial Guinea vs. Panama Cost Breakdown

If you lived in Equatorial Guinea instead of Panama, you would:

Display currency: USD

pay 23.6% more for restaurants

	Panama	Equatorial Guinea
Basic meal with drink at inexpensive restaurant	$8.45 PAB8.45	$13.07 FCFA7,884	+54.7%
Fast food combo meal McDonalds, or similar	$7.90 PAB7.90	$12.25 FCFA7,391	+55.1%
Bottle of Coca-Cola (11 fl. oz)	$1.54 PAB1.54	$1.23 FCFA739	-20.4%
Bottle of water (11 fl. oz)	$1.17 PAB1.17	$1.23 FCFA739	+5.0%
Average			+23.6%

Panama vs. Equatorial Guinea - Cost of restaurants

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pay 47.2% more for groceries

	Panama	Equatorial Guinea
Bread 1 loaf	$2.19 PAB2.19	$3.24 FCFA1,955	+48.0%
Local cheese (8 oz)	$5.66 PAB5.66	$3.37 FCFA2,030	-40.6%
Milk (1 gallon)	$6.43 PAB6.43	$9.69 FCFA5,844	+50.7%
Eggs 1 dozen	$2.53 PAB2.53	$2.94 FCFA1,774	+16.4%
Boneless chicken breast (1 lb)	$3.54 PAB3.54	$3.10 FCFA1,869	-12.5%
Apples (1 lb)	$2.12 PAB2.12	$2.22 FCFA1,341	+5.0%
Bananas (1 lb)	$0.61 PAB0.61	$1.48 FCFA894	+142.1%
Oranges (1 lb)	$1.29 PAB1.29	$2.22 FCFA1,341	+72.2%
Tomatoes (1 lb)	$1.16 PAB1.16	$1.48 FCFA894	+28.2%
Potatoes (1 lb)	$0.98 PAB0.98	$1.85 FCFA1,118	+88.5%
Onions (1 lb)	$1.01 PAB1.01	$2.22 FCFA1,341	+120.7%
Average			+47.2%

Panama vs. Equatorial Guinea - Cost of groceries

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pay 0.8% more for transportation

	Panama	Equatorial Guinea
Gasoline (1 gallon)	$3.92 PAB3.92	$3.09 FCFA1,865	-21.2%
Monthly public transit pass	$25.00 PAB25.00	$26.38 FCFA15,911	+5.5%
New Volkswagen Golf 1.4 (standard edition)	$18,916.67 PAB18,916.67	$33,034.81 FCFA19,924,981	+74.6%
Taxi trip in downtown area (5 miles)	$16.61 PAB16.61	$7.35 FCFA4,435	-55.7%
Average			+0.8%

Panama vs. Equatorial Guinea - Cost of transportation

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pay 64.5% less for housing

	Panama	Equatorial Guinea
Internet connection 50 mbps or faster, cable/dsl	$47.61 PAB47.61	$16.34 FCFA9,855	-65.7%
1-Bedroom apartment in downtown area	$747.76 PAB747.76	$204.24 FCFA123,185	-72.7%
1-Bedroom apartment outside city center	$567.84 PAB567.84	$114.37 FCFA68,984	-79.9%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$69.20 PAB69.20	$41.86 FCFA25,246	-39.5%
Average			-64.5%

Panama vs. Equatorial Guinea - Cost of housing

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pay 86.7% less for childcare

	Panama	Equatorial Guinea
Private preschool for 1 child, monthly	$302.08 PAB302.08	$65.36 FCFA39,419	-78.4%
Middle school for 1 child, two semesters	$6,548.17 PAB6,548.17	$326.78 FCFA197,097	-95.0%
Average			-86.7%

Panama vs. Equatorial Guinea - Cost of childcare

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pay 4.7% more for entertainment and sports

	Panama	Equatorial Guinea
Domestic/local beer (1 pint)	$1.95 PAB1.95	$1.63 FCFA985	-16.2%
Cappuccino in mid-range area	$3.39 PAB3.39	$5.72 FCFA3,449	+68.9%
Pack of cigarettes Marlboro or similar	$5.38 PAB5.38	$4.52 FCFA2,725	-15.9%
Monthly membership at local gym	$57.20 PAB57.20	$49.02 FCFA29,565	-14.3%
Movie ticket to theater/cinema	$5.33 PAB5.33	$5.39 FCFA3,248	+1.0%
Average			+4.7%

Panama vs. Equatorial Guinea - Cost of entertainment and sports

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pay 82.1% more for clothing

	Panama	Equatorial Guinea
Regular jeans Levi's brand	$47.41 PAB47.41	$24.51 FCFA14,782	-48.3%
Regular dress from H&M or similar store	$34.81 PAB34.81	$102.12 FCFA61,593	+193.3%
Running shoes Nike or Adidas	$81.21 PAB81.21	$245.08 FCFA147,823	+201.8%
Men's business shoes (leather)	$100.42 PAB100.42	$81.69 FCFA49,274	-18.6%
Average			+82.1%

Panama vs. Equatorial Guinea - 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: March 2025

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