Cost of living comparison
Panama is 37.4% more expensive than Serbia overall.
- Restaurants
-
pay 4.8% more in Panama
- Groceries
-
pay 93.4% more in Panama
- Transportation
-
pay 17.6% more in Panama
- Housing
-
pay 78.0% more in Panama
- Childcare
-
pay 24.2% more in Panama
- Entertainment and Sports
-
pay 55.8% more in Panama
- Clothing
-
pay 12.1% less in Panama
The cost of groceries, housing, entertainment and sports, childcare, transportation, and restaurants in Panama are more expensive than in Serbia. Notably, groceries and housing are significantly more expensive in Panama.
If you lived in Panama instead of Serbia, you would:
pay 4.8% more for restaurants
|
Serbia
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$7.13
RSD762
|
$8.45
PAB8.45
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.64
RSD817
|
$7.90
PAB7.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.60
RSD171
|
$1.54
PAB1.54
|
|
| Bottle of water (11 fl. oz) |
$1.16
RSD124
|
$1.17
PAB1.17
|
|
pay 93.4% more for groceries
|
Serbia
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.70
RSD75
|
$2.19
PAB2.19
|
|
| Local cheese (8 oz) |
$3.97
RSD425
|
$5.66
PAB5.66
|
|
| Milk (1 gallon) |
$4.84
RSD517
|
$6.43
PAB6.43
|
|
|
Eggs
1 dozen
|
$2.39
RSD255
|
$2.53
PAB2.53
|
|
| Boneless chicken breast (1 lb) |
$2.93
RSD313
|
$3.54
PAB3.54
|
|
| Apples (1 lb) |
$0.48
RSD51
|
$2.12
PAB2.12
|
|
| Bananas (1 lb) |
$0.75
RSD81
|
$0.61
PAB0.61
|
|
| Oranges (1 lb) |
$0.64
RSD69
|
$1.29
PAB1.29
|
|
| Tomatoes (1 lb) |
$0.81
RSD87
|
$1.16
PAB1.16
|
|
| Potatoes (1 lb) |
$0.46
RSD49
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.43
RSD46
|
$1.01
PAB1.01
|
|
pay 17.6% more for transportation
|
Serbia
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.22
RSD665
|
$3.92
PAB3.92
|
|
| Monthly public transit pass |
$23.52
RSD2,514
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$28,112.26
RSD3,004,863
|
$18,916.67
PAB18,916.67
|
|
| Taxi trip in downtown area (5 miles) |
$7.11
RSD760
|
$16.61
PAB16.61
|
|
pay 78.0% more for housing
|
Serbia
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$23.16
RSD2,476
|
$47.61
PAB47.61
|
|
| 1-Bedroom apartment in downtown area |
$353.21
RSD37,754
|
$747.76
PAB747.76
|
|
| 1-Bedroom apartment outside city center |
$242.83
RSD25,956
|
$567.84
PAB567.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$113.86
RSD12,170
|
$69.20
PAB69.20
|
|
pay 24.2% more for childcare
|
Serbia
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$238.41
RSD25,483
|
$302.08
PAB302.08
|
|
| Middle school for 1 child, two semesters |
$5,379.39
RSD574,993
|
$6,548.17
PAB6,548.17
|
|
pay 55.8% more for entertainment and sports
|
Serbia
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.03
RSD217
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$1.68
RSD179
|
$3.39
PAB3.39
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.80
RSD406
|
$5.38
PAB5.38
|
|
| Monthly membership at local gym |
$25.78
RSD2,755
|
$57.20
PAB57.20
|
|
| Movie ticket to theater/cinema |
$4.53
RSD484
|
$5.33
PAB5.33
|
|
pay 12.1% less for clothing
|
Serbia
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$73.17
RSD7,821
|
$47.41
PAB47.41
|
|
|
Regular dress
from H&M or similar store
|
$35.45
RSD3,790
|
$34.81
PAB34.81
|
|
|
Running shoes
Nike or Adidas
|
$92.31
RSD9,866
|
$81.21
PAB81.21
|
|
| Men's business shoes (leather) |
$99.77
RSD10,664
|
$100.42
PAB100.42
|
|
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