Cost of living comparison

Podgorica, Montenegro

compared to

Panama City, Panama

Panama City vs. Podgorica Cost of Living Summary

Panama City is 33.6% more expensive than Podgorica.

Restaurants: pay 8.7% more in Panama City
Groceries: pay 67.8% more in Panama City
Transportation: pay 15.3% more in Panama City
Housing: pay 58.5% more in Panama City
Childcare: pay 55.2% more in Panama City
Entertainment and Sports: pay 40.8% more in Panama City
Clothing: pay 10.9% less in Panama City

The cost of groceries, housing, childcare, entertainment and sports, transportation, and restaurants in Panama City are more expensive than in Podgorica.

Panama City vs. Podgorica Cost Breakdown

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

Display currency: USD

pay 8.7% more for restaurants

	Podgorica	Panama City
Basic meal with drink at inexpensive restaurant	$8.57 €7.52	$13.25 PAB13.25	+54.5%
Fast food combo meal McDonalds, or similar	$8.04 €7.05	$8.00 PAB8.00	-0.5%
Bottle of Coca-Cola (11 fl. oz)	$2.13 €1.87	$1.86 PAB1.86	-12.8%
Bottle of water (11 fl. oz)	$1.51 €1.32	$1.41 PAB1.41	-6.5%
Average			+8.7%

Podgorica vs. Panama City - Cost of restaurants

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pay 67.8% more for groceries

	Podgorica	Panama City
Bread 1 loaf	$0.93 €0.81	$2.51 PAB2.51	+170.7%
Local cheese (8 oz)	$3.98 €3.49	$6.39 PAB6.39	+60.5%
Milk (1 gallon)	$4.94 €4.34	$6.80 PAB6.80	+37.6%
Eggs 1 dozen	$2.96 €2.60	$2.68 PAB2.68	-9.6%
Boneless chicken breast (1 lb)	$3.59 €3.15	$3.41 PAB3.41	-5.1%
Apples (1 lb)	$0.61 €0.53	$1.48 PAB1.48	+144.9%
Bananas (1 lb)	$0.85 €0.74	$0.72 PAB0.72	-14.7%
Oranges (1 lb)	$0.67 €0.58	$1.24 PAB1.24	+86.0%
Tomatoes (1 lb)	$1.06 €0.93	$1.40 PAB1.40	+31.7%
Potatoes (1 lb)	$0.44 €0.39	$0.98 PAB0.98	+123.3%
Onions (1 lb)	$0.52 €0.46	$1.15 PAB1.15	+120.2%
Average			+67.8%

Podgorica vs. Panama City - Cost of groceries

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pay 15.3% more for transportation

	Podgorica	Panama City
Gasoline (1 gallon)	$6.02 €5.28	$3.69 PAB3.69	-38.7%
Monthly public transit pass	$32.15 €28.20	$25.00 PAB25.00	-22.2%
New Volkswagen Golf 1.4 (standard edition)	$27,933.36 €24,501.89	$19,750.00 PAB19,750.00	-29.3%
Taxi trip in downtown area (5 miles)	$6.64 €5.83	$16.71 PAB16.71	+151.4%
Average			+15.3%

Podgorica vs. Panama City - Cost of transportation

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pay 58.5% more for housing

	Podgorica	Panama City
Internet connection 50 mbps or faster, cable/dsl	$29.29 €25.69	$52.10 PAB52.10	+77.9%
1-Bedroom apartment in downtown area	$586.17 €514.16	$1,023.81 PAB1,023.81	+74.7%
1-Bedroom apartment outside city center	$453.87 €398.11	$755.88 PAB755.88	+66.5%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$82.62 €72.47	$94.84 PAB94.84	+14.8%
Average			+58.5%

Podgorica vs. Panama City - Cost of housing

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pay 55.2% more for childcare

	Podgorica	Panama City
Private preschool for 1 child, monthly	$265.47 €232.86	$439.17 PAB439.17	+65.4%
Middle school for 1 child, two semesters	$6,966.46 €6,110.67	$10,092.67 PAB10,092.67	+44.9%
Average			+55.2%

Podgorica vs. Panama City - Cost of childcare

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pay 40.8% more for entertainment and sports

	Podgorica	Panama City
Domestic/local beer (1 pint)	$2.36 €2.07	$3.00 PAB3.00	+27.2%
Cappuccino in mid-range area	$1.95 €1.71	$3.59 PAB3.59	+84.5%
Pack of cigarettes Marlboro or similar	$3.86 €3.38	$5.50 PAB5.50	+42.5%
Monthly membership at local gym	$39.72 €34.84	$47.27 PAB47.27	+19.0%
Movie ticket to theater/cinema	$5.36 €4.70	$7.00 PAB7.00	+30.6%
Average			+40.8%

Podgorica vs. Panama City - Cost of entertainment and sports

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pay 10.9% less for clothing

	Podgorica	Panama City
Regular jeans Levi's brand	$76.10 €66.75	$53.91 PAB53.91	-29.2%
Regular dress from H&M or similar store	$41.90 €36.75	$37.78 PAB37.78	-9.8%
Running shoes Nike or Adidas	$93.78 €82.26	$87.62 PAB87.62	-6.6%
Men's business shoes (leather)	$106.69 €93.58	$108.75 PAB108.75	+1.9%
Average			-10.9%

Podgorica 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: June 2025

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