Cost of living comparison
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.
If you lived in Panama City instead of Podgorica, you would:
pay 8.7% more for restaurants
|
Podgorica
|
Panama City
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.57
€7.44
|
$13.25
PAB13.25
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.04
€6.97
|
$8.00
PAB8.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.13
€1.85
|
$1.86
PAB1.86
|
|
| Bottle of water (11 fl. oz) |
$1.51
€1.31
|
$1.41
PAB1.41
|
|
pay 67.8% more for groceries
|
Podgorica
|
Panama City
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.93
€0.80
|
$2.51
PAB2.51
|
|
| Local cheese (8 oz) |
$3.98
€3.45
|
$6.39
PAB6.39
|
|
| Milk (1 gallon) |
$4.94
€4.29
|
$6.80
PAB6.80
|
|
|
Eggs
1 dozen
|
$2.96
€2.57
|
$2.68
PAB2.68
|
|
| Boneless chicken breast (1 lb) |
$3.59
€3.12
|
$3.41
PAB3.41
|
|
| Apples (1 lb) |
$0.61
€0.53
|
$1.48
PAB1.48
|
|
| Bananas (1 lb) |
$0.85
€0.74
|
$0.72
PAB0.72
|
|
| Oranges (1 lb) |
$0.67
€0.58
|
$1.24
PAB1.24
|
|
| Tomatoes (1 lb) |
$1.06
€0.92
|
$1.40
PAB1.40
|
|
| Potatoes (1 lb) |
$0.44
€0.38
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.52
€0.45
|
$1.15
PAB1.15
|
|
pay 15.3% more for transportation
|
Podgorica
|
Panama City
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.02
€5.23
|
$3.69
PAB3.69
|
|
| Monthly public transit pass |
$32.15
€27.90
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$27,933.36
€24,238.25
|
$19,750.00
PAB19,750.00
|
|
| Taxi trip in downtown area (5 miles) |
$6.64
€5.77
|
$16.71
PAB16.71
|
|
pay 58.5% more for housing
|
Podgorica
|
Panama City
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$29.29
€25.41
|
$52.10
PAB52.10
|
|
| 1-Bedroom apartment in downtown area |
$586.17
€508.63
|
$1,023.81
PAB1,023.81
|
|
| 1-Bedroom apartment outside city center |
$453.87
€393.83
|
$755.88
PAB755.88
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$82.62
€71.69
|
$94.84
PAB94.84
|
|
pay 55.2% more for childcare
|
Podgorica
|
Panama City
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$265.47
€230.35
|
$439.17
PAB439.17
|
|
| Middle school for 1 child, two semesters |
$6,966.46
€6,044.92
|
$10,092.67
PAB10,092.67
|
|
pay 40.8% more for entertainment and sports
|
Podgorica
|
Panama City
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.36
€2.05
|
$3.00
PAB3.00
|
|
| Cappuccino in mid-range area |
$1.95
€1.69
|
$3.59
PAB3.59
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.86
€3.35
|
$5.50
PAB5.50
|
|
| Monthly membership at local gym |
$39.72
€34.46
|
$47.27
PAB47.27
|
|
| Movie ticket to theater/cinema |
$5.36
€4.65
|
$7.00
PAB7.00
|
|
pay 10.9% less for clothing
|
Podgorica
|
Panama City
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$76.10
€66.03
|
$53.91
PAB53.91
|
|
|
Regular dress
from H&M or similar store
|
$41.90
€36.35
|
$37.78
PAB37.78
|
|
|
Running shoes
Nike or Adidas
|
$93.78
€81.37
|
$87.62
PAB87.62
|
|
| Men's business shoes (leather) |
$106.69
€92.58
|
$108.75
PAB108.75
|
|
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