Cost of living comparison
Panama is 7.1% more expensive than Slovakia overall.
- Restaurants
-
pay 3.9% less in Panama
- Groceries
-
pay 38.5% more in Panama
- Transportation
-
pay 6.1% less in Panama
- Housing
-
pay 31.2% more in Panama
- Childcare
-
pay 21.8% less in Panama
- Entertainment and Sports
-
pay 10.6% more in Panama
- Clothing
-
pay 1.4% more in Panama
The cost of groceries, housing, entertainment and sports, and clothing in Panama are more expensive than in Slovakia. Expenses including childcare, transportation, and restaurants are lower in Panama.
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
€7.16
|
$8.45
PAB8.45
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.98
€7.02
|
$7.90
PAB7.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.58
€1.39
|
$1.54
PAB1.54
|
|
| Bottle of water (11 fl. oz) |
$1.39
€1.22
|
$1.17
PAB1.17
|
|
pay 38.5% more for groceries
|
Slovakia
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.35
€1.18
|
$2.19
PAB2.19
|
|
| Local cheese (8 oz) |
$6.03
€5.31
|
$5.66
PAB5.66
|
|
| Milk (1 gallon) |
$3.89
€3.42
|
$6.43
PAB6.43
|
|
|
Eggs
1 dozen
|
$3.43
€3.01
|
$2.53
PAB2.53
|
|
| Boneless chicken breast (1 lb) |
$3.12
€2.74
|
$3.54
PAB3.54
|
|
| Apples (1 lb) |
$0.73
€0.64
|
$2.12
PAB2.12
|
|
| Bananas (1 lb) |
$0.79
€0.70
|
$0.61
PAB0.61
|
|
| Oranges (1 lb) |
$0.96
€0.84
|
$1.29
PAB1.29
|
|
| Tomatoes (1 lb) |
$1.51
€1.33
|
$1.16
PAB1.16
|
|
| Potatoes (1 lb) |
$0.58
€0.51
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.61
€0.54
|
$1.01
PAB1.01
|
|
pay 6.1% less for transportation
|
Slovakia
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.34
€5.58
|
$3.92
PAB3.92
|
|
| Monthly public transit pass |
$26.69
€23.47
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$24,429.89
€21,481.72
|
$18,916.67
PAB18,916.67
|
|
| Taxi trip in downtown area (5 miles) |
$11.64
€10.23
|
$16.61
PAB16.61
|
|
pay 31.2% more for housing
|
Slovakia
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$20.60
€18.11
|
$47.61
PAB47.61
|
|
| 1-Bedroom apartment in downtown area |
$566.87
€498.46
|
$747.76
PAB747.76
|
|
| 1-Bedroom apartment outside city center |
$468.12
€411.63
|
$567.84
PAB567.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$171.07
€150.43
|
$69.20
PAB69.20
|
|
pay 21.8% less for childcare
|
Slovakia
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$400.86
€352.48
|
$302.08
PAB302.08
|
|
| Middle school for 1 child, two semesters |
$8,069.66
€7,095.82
|
$6,548.17
PAB6,548.17
|
|
pay 10.6% more for entertainment and sports
|
Slovakia
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.99
€1.75
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$2.35
€2.06
|
$3.39
PAB3.39
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.24
€4.60
|
$5.38
PAB5.38
|
|
| Monthly membership at local gym |
$40.04
€35.20
|
$57.20
PAB57.20
|
|
| Movie ticket to theater/cinema |
$8.21
€7.22
|
$5.33
PAB5.33
|
|
pay 1.4% more for clothing
|
Slovakia
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$63.57
€55.90
|
$47.41
PAB47.41
|
|
|
Regular dress
from H&M or similar store
|
$29.21
€25.68
|
$34.81
PAB34.81
|
|
|
Running shoes
Nike or Adidas
|
$78.92
€69.40
|
$81.21
PAB81.21
|
|
| Men's business shoes (leather) |
$92.27
€81.14
|
$100.42
PAB100.42
|
|
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