Cost of living comparison
Slovakia is 6.8% more expensive than Panama overall.
- Restaurants
-
pay 4.8% more in Slovakia
- Groceries
-
pay 14.5% less in Slovakia
- Transportation
-
pay 16.9% more in Slovakia
- Housing
-
pay 12.2% more in Slovakia
- Childcare
-
pay 28.0% more in Slovakia
- Entertainment and Sports
-
pay 1.5% less in Slovakia
- Clothing
-
pay 1.8% more in Slovakia
The cost of childcare, transportation, housing, restaurants, and clothing in Slovakia are more expensive than in Panama. Expenses including groceries and entertainment and sports are lower in Slovakia.
If you lived in Slovakia instead of Panama, you would:
pay 4.8% more for restaurants
|
Panama
|
Slovakia
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.45
PAB8.45
|
$8.14
€7.16
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.90
PAB7.90
|
$7.98
€7.02
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.54
PAB1.54
|
$1.58
€1.39
|
|
| Bottle of water (11 fl. oz) |
$1.17
PAB1.17
|
$1.39
€1.22
|
|
pay 14.5% less for groceries
|
Panama
|
Slovakia
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.19
PAB2.19
|
$1.35
€1.18
|
|
| Local cheese (8 oz) |
$5.66
PAB5.66
|
$6.03
€5.31
|
|
| Milk (1 gallon) |
$6.43
PAB6.43
|
$3.89
€3.42
|
|
|
Eggs
1 dozen
|
$2.53
PAB2.53
|
$3.43
€3.01
|
|
| Boneless chicken breast (1 lb) |
$3.54
PAB3.54
|
$3.12
€2.74
|
|
| Apples (1 lb) |
$2.12
PAB2.12
|
$0.73
€0.64
|
|
| Bananas (1 lb) |
$0.61
PAB0.61
|
$0.79
€0.70
|
|
| Oranges (1 lb) |
$1.29
PAB1.29
|
$0.96
€0.84
|
|
| Tomatoes (1 lb) |
$1.16
PAB1.16
|
$1.51
€1.33
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$0.58
€0.51
|
|
| Onions (1 lb) |
$1.01
PAB1.01
|
$0.61
€0.54
|
|
pay 16.9% more for transportation
|
Panama
|
Slovakia
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.92
PAB3.92
|
$6.34
€5.58
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$26.69
€23.47
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,916.67
PAB18,916.67
|
$24,429.89
€21,481.72
|
|
| Taxi trip in downtown area (5 miles) |
$16.61
PAB16.61
|
$11.64
€10.23
|
|
pay 12.2% more for housing
|
Panama
|
Slovakia
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$47.61
PAB47.61
|
$20.60
€18.11
|
|
| 1-Bedroom apartment in downtown area |
$747.76
PAB747.76
|
$566.87
€498.46
|
|
| 1-Bedroom apartment outside city center |
$567.84
PAB567.84
|
$468.12
€411.63
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.20
PAB69.20
|
$171.07
€150.43
|
|
pay 28.0% more for childcare
|
Panama
|
Slovakia
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$302.08
PAB302.08
|
$400.86
€352.48
|
|
| Middle school for 1 child, two semesters |
$6,548.17
PAB6,548.17
|
$8,069.66
€7,095.82
|
|
pay 1.5% less for entertainment and sports
|
Panama
|
Slovakia
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$1.99
€1.75
|
|
| Cappuccino in mid-range area |
$3.39
PAB3.39
|
$2.35
€2.06
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.38
PAB5.38
|
$5.24
€4.60
|
|
| Monthly membership at local gym |
$57.20
PAB57.20
|
$40.04
€35.20
|
|
| Movie ticket to theater/cinema |
$5.33
PAB5.33
|
$8.21
€7.22
|
|
pay 1.8% more for clothing
|
Panama
|
Slovakia
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.41
PAB47.41
|
$63.57
€55.90
|
|
|
Regular dress
from H&M or similar store
|
$34.81
PAB34.81
|
$29.21
€25.68
|
|
|
Running shoes
Nike or Adidas
|
$81.21
PAB81.21
|
$78.92
€69.40
|
|
| Men's business shoes (leather) |
$100.42
PAB100.42
|
$92.27
€81.14
|
|
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