Cost of living comparison

Turkmenistan

compared to

Panama

Panama City vs. Ashgabat Cost of Living Summary

Panama City is 21.8% cheaper than Ashgabat.

Restaurants: pay 41.3% less in Panama City
Groceries: pay 32.7% less in Panama City
Transportation: pay 47.7% more in Panama City
Housing: pay 30.0% less in Panama City
Childcare: pay 3.0 times more in Panama City
Entertainment and Sports: pay 51.2% less in Panama City
Clothing: pay 47.4% less in Panama City

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

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Panama City vs. Ashgabat Cost Breakdown

If you lived in Panama City instead of Ashgabat, you would:

Display currency: USD

pay 41.3% less for restaurants

	Ashgabat	Panama City
Basic meal with drink at inexpensive restaurant	$31.43 TMT110.31	$11.50 PAB11.50	-63.4%
Fast food combo meal McDonalds, or similar	$12.86 TMT45.13	$8.00 PAB8.00	-37.8%
Bottle of Coca-Cola (11 fl. oz)	$1.57 TMT5.52	$1.97 PAB1.97	+25.5%
Bottle of water (11 fl. oz)	$0.86 TMT3.01	$1.60 PAB1.60	+86.7%
Average			-41.3%

Ashgabat vs. Panama City - Cost of restaurants

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pay 32.7% less for groceries

	Ashgabat	Panama City
Bread 1 loaf	$2.04 TMT7.15	$2.52 PAB2.52	+23.5%
Local cheese (8 oz)	$18.82 TMT66.06	$6.18 PAB6.18	-67.1%
Milk (1 gallon)	$17.09 TMT59.98	$7.09 PAB7.09	-58.5%
Eggs 1 dozen	$6.00 TMT21.06	$2.75 PAB2.75	-54.2%
Boneless chicken breast (1 lb)	$9.07 TMT31.84	$3.07 PAB3.07	-66.2%
Apples (1 lb)	$2.30 TMT8.07	$1.87 PAB1.87	-18.7%
Bananas (1 lb)	$3.84 TMT13.49	$0.82 PAB0.82	-78.6%
Oranges (1 lb)	$3.40 TMT11.94	$1.92 PAB1.92	-43.6%
Tomatoes (1 lb)	$1.67 TMT5.87	$1.86 PAB1.86	+11.0%
Potatoes (1 lb)	$1.04 TMT3.64	$1.55 PAB1.55	+49.1%
Onions (1 lb)	$0.65 TMT2.27	$1.96 PAB1.96	+202.1%
Average			-32.7%

Ashgabat vs. Panama City - Cost of groceries

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pay 47.7% more for transportation

	Ashgabat	Panama City
Gasoline (1 gallon)	$1.62 TMT5.69	$4.62 PAB4.62	+184.8%
Monthly public transit pass	$10.00 TMT35.10	$21.00 PAB21.00	+110.0%
New Volkswagen Golf 1.4 (standard edition)	$43,928.57 TMT154K	$21,262.00 PAB21,262.00	-51.6%
Taxi trip in downtown area (5 miles)	$9.71 TMT34.10	$16.98 PAB16.98	+74.8%
Average			+47.7%

Ashgabat vs. Panama City - Cost of transportation

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pay 30.0% less for housing

	Ashgabat	Panama City
Internet connection 50 mbps or faster, cable/dsl	$102.86 TMT361.03	$48.70 PAB48.70	-52.7%
1-Bedroom apartment in downtown area	$1,414.29 TMT4,964.14	$1,262.50 PAB1,262.50	-10.7%
1-Bedroom apartment outside city center	$1,000.00 TMT3,510.00	$874.18 PAB874.18	-12.6%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$436.97 TMT1,533.78	$100.29 PAB100.29	-77.0%
Average			-30.0%

Ashgabat vs. Panama City - Cost of housing

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pay 3.0 times more for childcare

	Ashgabat	Panama City
Private preschool for 1 child, monthly	$22.86 TMT80.23	$543.33 PAB543.33	+2277.1%
Middle school for 1 child, two semesters	$24,807.14 TMT87,073.07	$9,641.50 PAB9,641.50	-61.1%
Average			+204.0%

Ashgabat vs. Panama City - Cost of childcare

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pay 51.2% less for entertainment and sports

	Ashgabat	Panama City
Domestic/local beer (1 pint)	$5.71 TMT20.06	$3.30 PAB3.30	-42.3%
Cappuccino in mid-range area	$6.79 TMT23.82	$4.11 PAB4.11	-39.4%
Pack of cigarettes Marlboro or similar	$25.71 TMT90.26	$6.00 PAB6.00	-76.7%
Monthly membership at local gym	$195.24 TMT685.29	$46.40 PAB46.40	-76.2%
Movie ticket to theater/cinema	$8.57 TMT30.09	$8.50 PAB8.50	-0.8%
Average			-51.2%

Ashgabat vs. Panama City - Cost of entertainment and sports

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pay 47.4% less for clothing

	Ashgabat	Panama City
Regular jeans Levi's brand	$55.71 TMT195.56	$66.67 PAB66.67	+19.7%
Regular dress from H&M or similar store	$114.29 TMT401.14	$48.43 PAB48.43	-57.6%
Running shoes Nike or Adidas	$364.29 TMT1,278.64	$94.62 PAB94.62	-74.0%
Men's business shoes (leather)	$192.86 TMT676.93	$111.67 PAB111.67	-42.1%
Average			-47.4%

Ashgabat vs. Panama City - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

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