Cost of living comparison

Saudi Arabia

compared to

Panama

Panama vs. Saudi Arabia Cost of Living Summary

Panama is 26.4% more expensive than Saudi Arabia overall.

Restaurants: pay 2.3 times more in Panama
Groceries: pay 47.4% more in Panama
Transportation: pay 1.9% less in Panama
Housing: pay 35.8% more in Panama
Childcare: pay 3.9% more in Panama
Entertainment and Sports: pay 25.1% less in Panama
Clothing: pay 3.5% less in Panama

The cost of restaurants, groceries, housing, and childcare in Panama are more expensive than in Saudi Arabia. Expenses including entertainment and sports, clothing, and transportation are lower in Panama. Notably, restaurants is significantly more expensive in Panama.

Panama vs. Saudi Arabia Cost Breakdown

If you lived in Panama instead of Saudi Arabia, you would:

Display currency: USD

pay 2.3 times more for restaurants

	Saudi Arabia	Panama
Basic meal with drink at inexpensive restaurant	$6.73 SAR25.24	$8.45 PAB8.45	+25.6%
Fast food combo meal McDonalds, or similar	$7.54 SAR28.28	$7.90 PAB7.90	+4.8%
Bottle of Coca-Cola (11 fl. oz)	$0.74 SAR2.76	$1.54 PAB1.54	+109.2%
Bottle of water (11 fl. oz)	$0.25 SAR0.92	$1.17 PAB1.17	+374.2%
Average			+128.4%

Saudi Arabia vs. Panama - Cost of restaurants

Improve prices · Change currency (USD)

pay 47.4% more for groceries

	Saudi Arabia	Panama
Bread 1 loaf	$0.94 SAR3.54	$2.19 PAB2.19	+132.2%
Local cheese (8 oz)	$3.87 SAR14.52	$5.66 PAB5.66	+46.3%
Milk (1 gallon)	$6.76 SAR25.38	$6.43 PAB6.43	-5.0%
Eggs 1 dozen	$2.58 SAR9.67	$2.53 PAB2.53	-2.0%
Boneless chicken breast (1 lb)	$3.22 SAR12.09	$3.54 PAB3.54	+9.9%
Apples (1 lb)	$0.94 SAR3.53	$2.12 PAB2.12	+124.7%
Bananas (1 lb)	$0.76 SAR2.86	$0.61 PAB0.61	-19.8%
Oranges (1 lb)	$0.75 SAR2.80	$1.29 PAB1.29	+73.1%
Tomatoes (1 lb)	$0.74 SAR2.76	$1.16 PAB1.16	+57.3%
Potatoes (1 lb)	$0.67 SAR2.53	$0.98 PAB0.98	+46.0%
Onions (1 lb)	$0.63 SAR2.38	$1.01 PAB1.01	+59.1%
Average			+47.4%

Saudi Arabia vs. Panama - Cost of groceries

Improve prices · Change currency (USD)

pay 1.9% less for transportation

	Saudi Arabia	Panama
Gasoline (1 gallon)	$2.30 SAR8.63	$3.92 PAB3.92	+70.5%
Monthly public transit pass	$44.62 SAR167.39	$25.00 PAB25.00	-44.0%
New Volkswagen Golf 1.4 (standard edition)	$25,543.44 SAR95,819.36	$18,916.67 PAB18,916.67	-25.9%
Taxi trip in downtown area (5 miles)	$18.12 SAR67.98	$16.61 PAB16.61	-8.3%
Average			-1.9%

Saudi Arabia vs. Panama - Cost of transportation

Improve prices · Change currency (USD)

pay 35.8% more for housing

	Saudi Arabia	Panama
Internet connection 50 mbps or faster, cable/dsl	$74.43 SAR279.20	$47.61 PAB47.61	-36.0%
1-Bedroom apartment in downtown area	$384.32 SAR1,441.68	$747.76 PAB747.76	+94.6%
1-Bedroom apartment outside city center	$279.56 SAR1,048.71	$567.84 PAB567.84	+103.1%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$85.15 SAR319.42	$69.20 PAB69.20	-18.7%
Average			+35.8%

Saudi Arabia vs. Panama - Cost of housing

Improve prices · Change currency (USD)

pay 3.9% more for childcare

	Saudi Arabia	Panama
Private preschool for 1 child, monthly	$303.07 SAR1,136.89	$302.08 PAB302.08	-0.3%
Middle school for 1 child, two semesters	$6,063.63 SAR22,746.08	$6,548.17 PAB6,548.17	+8.0%
Average			+3.9%

Saudi Arabia vs. Panama - Cost of childcare

Improve prices · Change currency (USD)

pay 25.1% less for entertainment and sports

	Saudi Arabia	Panama
Domestic/local beer (1 pint)	$1.70 SAR6.39	$1.95 PAB1.95	+14.5%
Cappuccino in mid-range area	$3.57 SAR13.37	$3.39 PAB3.39	-5.0%
Pack of cigarettes Marlboro or similar	$7.18 SAR26.94	$5.38 PAB5.38	-25.2%
Monthly membership at local gym	$98.57 SAR369.77	$57.20 PAB57.20	-42.0%
Movie ticket to theater/cinema	$16.63 SAR62.37	$5.33 PAB5.33	-67.9%
Average			-25.1%

Saudi Arabia vs. Panama - Cost of entertainment and sports

Improve prices · Change currency (USD)

pay 3.5% less for clothing

	Saudi Arabia	Panama
Regular jeans Levi's brand	$42.91 SAR160.96	$47.41 PAB47.41	+10.5%
Regular dress from H&M or similar store	$58.28 SAR218.61	$34.81 PAB34.81	-40.3%
Running shoes Nike or Adidas	$91.66 SAR343.83	$81.21 PAB81.21	-11.4%
Men's business shoes (leather)	$78.88 SAR295.89	$100.42 PAB100.42	+27.3%
Average			-3.5%

Saudi Arabia vs. Panama - Cost of clothing

Improve prices · Change currency (USD)

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: March 2025

More cost comparisons

Saudi Arabia vs.

Ecuador

Saudi Arabia vs.

Spain

Saudi Arabia vs.

Germany

Saudi Arabia vs.

Austria

Saudi Arabia vs.

China

Saudi Arabia vs.

Italy

Saudi Arabia vs.

Thailand

Saudi Arabia vs.

United Kingdom

Share this

Compare by city

For example, try comparing the cost of living in Riyadh vs. Panama City

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

Add prices for Saudi Arabia

Add prices for Panama

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Panama or Saudi Arabia. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.