Cost of living comparison
Panama is 3.9% cheaper than Portugal overall.
- Restaurants
-
pay 10.4% less in Panama
- Groceries
-
pay 36.3% more in Panama
- Transportation
-
pay 15.4% less in Panama
- Housing
-
pay 11.4% less in Panama
- Childcare
-
pay 34.3% less in Panama
- Entertainment and Sports
-
pay 14.6% more in Panama
- Clothing
-
pay 6.9% less in Panama
The cost of groceries and entertainment and sports in Panama are more expensive than in Portugal. Expenses including childcare, transportation, housing, restaurants, and clothing are lower in Panama.
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
€10.41
|
$8.45
PAB8.45
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.41
€7.73
|
$7.90
PAB7.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.67
€1.54
|
$1.54
PAB1.54
|
|
| Bottle of water (11 fl. oz) |
$1.20
€1.10
|
$1.17
PAB1.17
|
|
pay 36.3% more for groceries
|
Portugal
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.34
€1.24
|
$2.19
PAB2.19
|
|
| Local cheese (8 oz) |
$5.06
€4.66
|
$5.66
PAB5.66
|
|
| Milk (1 gallon) |
$3.79
€3.49
|
$6.43
PAB6.43
|
|
|
Eggs
1 dozen
|
$2.88
€2.65
|
$2.53
PAB2.53
|
|
| Boneless chicken breast (1 lb) |
$3.25
€2.98
|
$3.54
PAB3.54
|
|
| Apples (1 lb) |
$0.99
€0.91
|
$2.12
PAB2.12
|
|
| Bananas (1 lb) |
$0.61
€0.56
|
$0.61
PAB0.61
|
|
| Oranges (1 lb) |
$0.76
€0.70
|
$1.29
PAB1.29
|
|
| Tomatoes (1 lb) |
$1.05
€0.97
|
$1.16
PAB1.16
|
|
| Potatoes (1 lb) |
$0.68
€0.62
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.85
€0.78
|
$1.01
PAB1.01
|
|
pay 15.4% less for transportation
|
Portugal
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.79
€6.24
|
$3.92
PAB3.92
|
|
| Monthly public transit pass |
$37.96
€34.91
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$31,047.67
€28,550.91
|
$18,916.67
PAB18,916.67
|
|
| Taxi trip in downtown area (5 miles) |
$10.80
€9.93
|
$16.61
PAB16.61
|
|
pay 11.4% less for housing
|
Portugal
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$40.33
€37.09
|
$47.61
PAB47.61
|
|
| 1-Bedroom apartment in downtown area |
$900.66
€828.23
|
$747.76
PAB747.76
|
|
| 1-Bedroom apartment outside city center |
$732.72
€673.80
|
$567.84
PAB567.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$91.05
€83.72
|
$69.20
PAB69.20
|
|
pay 34.3% less for childcare
|
Portugal
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$455.47
€418.84
|
$302.08
PAB302.08
|
|
| Middle school for 1 child, two semesters |
$10,051.70
€9,243.38
|
$6,548.17
PAB6,548.17
|
|
pay 14.6% more for entertainment and sports
|
Portugal
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.23
€2.05
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$1.85
€1.70
|
$3.39
PAB3.39
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.67
€5.21
|
$5.38
PAB5.38
|
|
| Monthly membership at local gym |
$40.99
€37.69
|
$57.20
PAB57.20
|
|
| Movie ticket to theater/cinema |
$7.85
€7.22
|
$5.33
PAB5.33
|
|
pay 6.9% less for clothing
|
Portugal
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$77.92
€71.65
|
$47.41
PAB47.41
|
|
|
Regular dress
from H&M or similar store
|
$33.75
€31.03
|
$34.81
PAB34.81
|
|
|
Running shoes
Nike or Adidas
|
$80.24
€73.79
|
$81.21
PAB81.21
|
|
| Men's business shoes (leather) |
$93.85
€86.30
|
$100.42
PAB100.42
|
|
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