Cost of living comparison

 Sweden
compared to
 Panama
Panama vs. Sweden Cost of Living Summary

Panama is 5.0% more expensive than Sweden overall.

Restaurants
pay 27.4% less in Panama
Groceries
pay 5.9% more in Panama
Transportation
pay 39.1% less in Panama
Housing
pay 6.5% more in Panama
Childcare
pay 2.3 times more in Panama
Entertainment and Sports
pay 22.4% less in Panama
Clothing
pay 16.4% less in Panama

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

Panama vs. Sweden Cost Breakdown

If you lived in Panama instead of Sweden, you would:

pay 27.4% less for restaurants

 
Sweden
Panama
Basic meal with drink at inexpensive restaurant $11.92
SEK132.44
$8.45
PAB8.45
Fast food combo meal
McDonalds, or similar
$9.45
SEK105.06
$7.90
PAB7.90
Bottle of Coca-Cola (11 fl. oz) $2.04
SEK22.68
$1.54
PAB1.54

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pay 5.9% more for groceries

 
Sweden
Panama
Bread
1 loaf
$2.49
SEK27.63
$2.19
PAB2.19
Local cheese (8 oz) $5.18
SEK57.61
$5.66
PAB5.66
Milk (1 gallon) $5.43
SEK60.39
$6.43
PAB6.43

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pay 39.1% less for transportation

 
Sweden
Panama
Gasoline (1 gallon) $6.64
SEK73.74
$3.92
PAB3.92
Monthly public transit pass $68.10
SEK756.82
$25.00
PAB25.00
New Volkswagen Golf 1.4 (standard edition) $26,850.74
SEK298,386.87
$18,916.67
PAB18,916.67

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pay 6.5% more for housing

 
Sweden
Panama
Internet connection
50 mbps or faster, cable/dsl
$30.29
SEK336.58
$47.61
PAB47.61
1-Bedroom apartment in downtown area $821.73
SEK9,131.69
$747.76
PAB747.76
1-Bedroom apartment outside city center $641.62
SEK7,130.21
$567.84
PAB567.84

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pay 2.3 times more for childcare

 
Sweden
Panama
Private preschool for 1 child, monthly $122.27
SEK1,358.82
$302.08
PAB302.08
Middle school for 1 child, two semesters $3,135.75
SEK34,846.94
$6,548.17
PAB6,548.17

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pay 22.4% less for entertainment and sports

 
Sweden
Panama
Domestic/local beer (1 pint) $6.64
SEK73.81
$1.95
PAB1.95
Cappuccino in mid-range area $3.78
SEK42.06
$3.39
PAB3.39
Pack of cigarettes
Marlboro or similar
$6.41
SEK71.21
$5.38
PAB5.38

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pay 16.4% less for clothing

 
Sweden
Panama
Regular jeans
Levi's brand
$79.10
SEK878.98
$47.41
PAB47.41
Regular dress
from H&M or similar store
$35.56
SEK395.17
$34.81
PAB34.81
Running shoes
Nike or Adidas
$84.42
SEK938.17
$81.21
PAB81.21

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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: January 2025
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