Cost of living comparison
Panama is 3.9% cheaper than Portugal.
If you lived in Panama instead of Portugal, you would:
pay 10.4% less for restaurants
|
Portugal
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$11.32
€10.73
|
$8.45
PAB8.45
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.41
€7.97
|
$7.90
PAB7.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.67
€1.58
|
$1.54
PAB1.54
|
|
| Bottle of water (11 fl. oz) |
$1.20
€1.13
|
$1.17
PAB1.17
|
|
pay 36.3% more for groceries
|
Portugal
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.34
€1.28
|
$2.19
PAB2.19
|
|
| Local cheese (8 oz) |
$5.06
€4.80
|
$5.66
PAB5.66
|
|
| Milk (1 gallon) |
$3.79
€3.60
|
$6.43
PAB6.43
|
|
|
Eggs
1 dozen
|
$2.88
€2.73
|
$2.53
PAB2.53
|
|
| Boneless chicken breast (1 lb) |
$3.25
€3.08
|
$3.54
PAB3.54
|
|
| Apples (1 lb) |
$0.99
€0.94
|
$2.12
PAB2.12
|
|
| Bananas (1 lb) |
$0.61
€0.58
|
$0.61
PAB0.61
|
|
| Oranges (1 lb) |
$0.76
€0.72
|
$1.29
PAB1.29
|
|
| Tomatoes (1 lb) |
$1.05
€1.00
|
$1.16
PAB1.16
|
|
| Potatoes (1 lb) |
$0.68
€0.64
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.85
€0.81
|
$1.01
PAB1.01
|
|
pay 15.4% less for transportation
|
Portugal
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.79
€6.44
|
$3.92
PAB3.92
|
|
| Monthly public transit pass |
$37.96
€36.00
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$31,047.67
€29,444.43
|
$18,916.67
PAB18,916.67
|
|
| Taxi trip in downtown area (5 miles) |
$10.80
€10.25
|
$16.61
PAB16.61
|
|
pay 11.4% less for housing
|
Portugal
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$40.33
€38.25
|
$47.61
PAB47.61
|
|
| 1-Bedroom apartment in downtown area |
$900.66
€854.15
|
$747.76
PAB747.76
|
|
| 1-Bedroom apartment outside city center |
$732.72
€694.89
|
$567.84
PAB567.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$91.05
€86.34
|
$69.20
PAB69.20
|
|
pay 34.3% less for childcare
|
Portugal
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$455.47
€431.95
|
$302.08
PAB302.08
|
|
| Middle school for 1 child, two semesters |
$10,051.70
€9,532.65
|
$6,548.17
PAB6,548.17
|
|
pay 14.6% more for entertainment and sports
|
Portugal
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.23
€2.11
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$1.85
€1.75
|
$3.39
PAB3.39
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.67
€5.38
|
$5.38
PAB5.38
|
|
| Monthly membership at local gym |
$40.99
€38.87
|
$57.20
PAB57.20
|
|
| Movie ticket to theater/cinema |
$7.85
€7.45
|
$5.33
PAB5.33
|
|
pay 6.9% less for clothing
|
Portugal
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$77.92
€73.89
|
$47.41
PAB47.41
|
|
|
Regular dress
from H&M or similar store
|
$33.75
€32.00
|
$34.81
PAB34.81
|
|
|
Running shoes
Nike or Adidas
|
$80.24
€76.10
|
$81.21
PAB81.21
|
|
| Men's business shoes (leather) |
$93.85
€89.01
|
$100.42
PAB100.42
|
|
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