Cost of living comparison
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.
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
|
|
Bottle of water (11 fl. oz) |
$1.93
SEK21.43
|
$1.17
PAB1.17
|
|
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
|
|
Eggs
1 dozen
|
$3.74
SEK41.56
|
$2.53
PAB2.53
|
|
Boneless chicken breast (1 lb) |
$4.68
SEK51.97
|
$3.54
PAB3.54
|
|
Apples (1 lb) |
$1.19
SEK13.24
|
$2.12
PAB2.12
|
|
Bananas (1 lb) |
$1.06
SEK11.74
|
$0.61
PAB0.61
|
|
Oranges (1 lb) |
$1.13
SEK12.61
|
$1.29
PAB1.29
|
|
Tomatoes (1 lb) |
$1.73
SEK19.22
|
$1.16
PAB1.16
|
|
Potatoes (1 lb) |
$0.67
SEK7.49
|
$0.98
PAB0.98
|
|
Onions (1 lb) |
$0.70
SEK7.80
|
$1.01
PAB1.01
|
|
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
|
|
Taxi trip in downtown area (5 miles) |
$21.47
SEK238.54
|
$16.61
PAB16.61
|
|
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
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$77.37
SEK859.83
|
$69.20
PAB69.20
|
|
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
|
|
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
|
|
Monthly membership at local gym |
$38.70
SEK430.05
|
$57.20
PAB57.20
|
|
Movie ticket to theater/cinema |
$14.24
SEK158.21
|
$5.33
PAB5.33
|
|
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
|
|
Men's business shoes (leather) |
$125.14
SEK1,390.65
|
$100.42
PAB100.42
|
|
Change currency:
Help us improve these prices
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Panama or Sweden. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.