Cost of living comparison

Paris, France

compared to

Panama City, Panama

Panama City vs. Paris Cost of Living Summary

Panama City is 31.1% cheaper than Paris.

Restaurants: pay 40.6% less in Panama City
Groceries: pay 16.0% less in Panama City
Transportation: pay 49.3% less in Panama City
Housing: pay 12.1% less in Panama City
Childcare: pay 39.3% less in Panama City
Entertainment and Sports: pay 31.2% less in Panama City
Clothing: pay 28.9% less in Panama City

Expenses including transportation, restaurants, childcare, entertainment and sports, clothing, and groceries are lower in Panama City.

Panama City vs. Paris Cost Breakdown

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

Display currency: USD

pay 40.6% less for restaurants

	Paris	Panama City
Basic meal with drink at inexpensive restaurant	$16.08 €14.15	$13.25 PAB13.25	-17.6%
Fast food combo meal McDonalds, or similar	$12.86 €11.32	$8.00 PAB8.00	-37.8%
Bottle of Coca-Cola (11 fl. oz)	$4.09 €3.60	$1.86 PAB1.86	-54.6%
Bottle of water (11 fl. oz)	$2.96 €2.60	$1.41 PAB1.41	-52.3%
Average			-40.6%

Paris vs. Panama City - Cost of restaurants

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pay 16.0% less for groceries

	Paris	Panama City
Bread 1 loaf	$2.01 €1.77	$2.51 PAB2.51	+24.9%
Local cheese (8 oz)	$11.23 €9.89	$6.39 PAB6.39	-43.1%
Milk (1 gallon)	$5.41 €4.76	$6.80 PAB6.80	+25.8%
Eggs 1 dozen	$4.85 €4.27	$2.68 PAB2.68	-44.8%
Boneless chicken breast (1 lb)	$6.32 €5.56	$3.41 PAB3.41	-46.1%
Apples (1 lb)	$1.58 €1.39	$1.48 PAB1.48	-6.4%
Bananas (1 lb)	$1.05 €0.93	$0.72 PAB0.72	-31.3%
Oranges (1 lb)	$1.50 €1.32	$1.24 PAB1.24	-17.3%
Tomatoes (1 lb)	$1.78 €1.57	$1.40 PAB1.40	-21.4%
Potatoes (1 lb)	$1.10 €0.97	$0.98 PAB0.98	-10.8%
Onions (1 lb)	$1.21 €1.06	$1.15 PAB1.15	-5.2%
Average			-16.0%

Paris vs. Panama City - Cost of groceries

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pay 49.3% less for transportation

	Paris	Panama City
Gasoline (1 gallon)	$7.65 €6.74	$3.69 PAB3.69	-51.8%
Monthly public transit pass	$92.60 €81.53	$25.00 PAB25.00	-73.0%
New Volkswagen Golf 1.4 (standard edition)	$32,688.77 €28,780.41	$19,750.00 PAB19,750.00	-39.6%
Taxi trip in downtown area (5 miles)	$24.84 €21.87	$16.71 PAB16.71	-32.7%
Average			-49.3%

Paris vs. Panama City - Cost of transportation

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pay 12.1% less for housing

	Paris	Panama City
Internet connection 50 mbps or faster, cable/dsl	$33.65 €29.63	$52.10 PAB52.10	+54.8%
1-Bedroom apartment in downtown area	$1,367.25 €1,203.78	$1,023.81 PAB1,023.81	-25.1%
1-Bedroom apartment outside city center	$1,057.37 €930.95	$755.88 PAB755.88	-28.5%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$188.37 €165.85	$94.84 PAB94.84	-49.7%
Average			-12.1%

Paris vs. Panama City - Cost of housing

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pay 39.3% less for childcare

	Paris	Panama City
Private preschool for 1 child, monthly	$756.26 €665.84	$439.17 PAB439.17	-41.9%
Middle school for 1 child, two semesters	$15,942.48 €14,036.35	$10,092.67 PAB10,092.67	-36.7%
Average			-39.3%

Paris vs. Panama City - Cost of childcare

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pay 31.2% less for entertainment and sports

	Paris	Panama City
Domestic/local beer (1 pint)	$7.50 €6.61	$3.00 PAB3.00	-60.0%
Cappuccino in mid-range area	$4.31 €3.80	$3.59 PAB3.59	-16.8%
Pack of cigarettes Marlboro or similar	$13.40 €11.80	$5.50 PAB5.50	-58.9%
Monthly membership at local gym	$36.48 €32.12	$47.27 PAB47.27	+29.6%
Movie ticket to theater/cinema	$13.93 €12.27	$7.00 PAB7.00	-49.8%
Average			-31.2%

Paris vs. Panama City - Cost of entertainment and sports

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pay 28.9% less for clothing

	Paris	Panama City
Regular jeans Levi's brand	$103.81 €91.40	$53.91 PAB53.91	-48.1%
Regular dress from H&M or similar store	$46.57 €41.00	$37.78 PAB37.78	-18.9%
Running shoes Nike or Adidas	$111.54 €98.21	$87.62 PAB87.62	-21.5%
Men's business shoes (leather)	$148.98 €131.16	$108.75 PAB108.75	-27.0%
Average			-28.9%

Paris vs. Panama City - 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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