Cost of living comparison
Panama is 7.1% more expensive than Slovakia.
If you lived in Panama instead of Slovakia, you would:
pay 3.9% less for restaurants
|
Slovakia
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.14
€7.72
|
$8.45
PAB8.45
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.98
€7.57
|
$7.90
PAB7.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.58
€1.50
|
$1.54
PAB1.54
|
|
| Bottle of water (11 fl. oz) |
$1.39
€1.32
|
$1.17
PAB1.17
|
|
pay 38.5% more for groceries
|
Slovakia
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.35
€1.28
|
$2.19
PAB2.19
|
|
| Local cheese (8 oz) |
$6.03
€5.72
|
$5.66
PAB5.66
|
|
| Milk (1 gallon) |
$3.89
€3.69
|
$6.43
PAB6.43
|
|
|
Eggs
1 dozen
|
$3.43
€3.25
|
$2.53
PAB2.53
|
|
| Boneless chicken breast (1 lb) |
$3.12
€2.96
|
$3.54
PAB3.54
|
|
| Apples (1 lb) |
$0.73
€0.69
|
$2.12
PAB2.12
|
|
| Bananas (1 lb) |
$0.79
€0.75
|
$0.61
PAB0.61
|
|
| Oranges (1 lb) |
$0.96
€0.91
|
$1.29
PAB1.29
|
|
| Tomatoes (1 lb) |
$1.51
€1.43
|
$1.16
PAB1.16
|
|
| Potatoes (1 lb) |
$0.58
€0.55
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.61
€0.58
|
$1.01
PAB1.01
|
|
pay 6.1% less for transportation
|
Slovakia
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.34
€6.01
|
$3.92
PAB3.92
|
|
| Monthly public transit pass |
$26.69
€25.31
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$24,429.89
€23,168.38
|
$18,916.67
PAB18,916.67
|
|
| Taxi trip in downtown area (5 miles) |
$11.64
€11.04
|
$16.61
PAB16.61
|
|
pay 31.2% more for housing
|
Slovakia
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$20.60
€19.53
|
$47.61
PAB47.61
|
|
| 1-Bedroom apartment in downtown area |
$566.87
€537.60
|
$747.76
PAB747.76
|
|
| 1-Bedroom apartment outside city center |
$468.12
€443.95
|
$567.84
PAB567.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$171.07
€162.24
|
$69.20
PAB69.20
|
|
pay 21.8% less for childcare
|
Slovakia
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$400.86
€380.16
|
$302.08
PAB302.08
|
|
| Middle school for 1 child, two semesters |
$8,069.66
€7,652.96
|
$6,548.17
PAB6,548.17
|
|
pay 10.6% more for entertainment and sports
|
Slovakia
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.99
€1.88
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$2.35
€2.23
|
$3.39
PAB3.39
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.24
€4.97
|
$5.38
PAB5.38
|
|
| Monthly membership at local gym |
$40.04
€37.97
|
$57.20
PAB57.20
|
|
| Movie ticket to theater/cinema |
$8.21
€7.79
|
$5.33
PAB5.33
|
|
pay 1.4% more for clothing
|
Slovakia
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$63.57
€60.29
|
$47.41
PAB47.41
|
|
|
Regular dress
from H&M or similar store
|
$29.21
€27.70
|
$34.81
PAB34.81
|
|
|
Running shoes
Nike or Adidas
|
$78.92
€74.85
|
$81.21
PAB81.21
|
|
| Men's business shoes (leather) |
$92.27
€87.51
|
$100.42
PAB100.42
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Panama or Slovakia. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.