Cost of living comparison

compared to

Panama City vs. Belgrade Cost of Living Summary

Panama City is 15.3% more expensive than Belgrade.

Restaurants: pay 33.1% less in Panama City
Groceries: pay 75.4% more in Panama City
Transportation: pay 14.0% more in Panama City
Housing: pay 22.6% more in Panama City
Childcare: pay 33.8% more in Panama City
Entertainment and Sports: pay 8.6% more in Panama City
Clothing: pay 14.0% less in Panama City

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

Panama City vs. Belgrade Cost Breakdown

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

Display currency: USD

pay 33.1% less for restaurants

	Belgrade	Panama City
Basic meal with drink at inexpensive restaurant	$12.95 RSD1,311	$10.00 PAB10.00	-22.8%
Fast food combo meal McDonalds, or similar	$11.68 RSD1,182	$8.00 PAB8.00	-31.5%
Bottle of Coca-Cola (11 fl. oz)	$2.81 RSD284	$1.70 PAB1.70	-39.6%
Bottle of water (11 fl. oz)	$2.17 RSD220	$1.33 PAB1.33	-38.6%
Average			-33.1%

Belgrade vs. Panama City - Cost of restaurants

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pay 75.4% more for groceries

	Belgrade	Panama City
Bread 1 loaf	$0.87 RSD88	$2.56 PAB2.56	+193.7%
Local cheese (8 oz)	$5.46 RSD553	$5.81 PAB5.81	+6.4%
Milk (1 gallon)	$5.50 RSD557	$6.82 PAB6.82	+23.9%
Eggs 1 dozen	$2.82 RSD286	$2.84 PAB2.84	+0.7%
Boneless chicken breast (1 lb)	$3.51 RSD355	$3.29 PAB3.29	-6.2%
Apples (1 lb)	$0.70 RSD71	$1.65 PAB1.65	+133.9%
Bananas (1 lb)	$0.89 RSD91	$0.70 PAB0.70	-21.3%
Oranges (1 lb)	$0.84 RSD85	$1.40 PAB1.40	+66.1%
Tomatoes (1 lb)	$1.09 RSD111	$1.46 PAB1.46	+33.5%
Potatoes (1 lb)	$0.47 RSD47	$1.00 PAB1.00	+112.3%
Onions (1 lb)	$0.35 RSD36	$1.37 PAB1.37	+286.9%
Average			+75.4%

Belgrade vs. Panama City - Cost of groceries

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pay 14.0% more for transportation

	Belgrade	Panama City
Gasoline (1 gallon)	$7.02 RSD711	$3.44 PAB3.44	-51.0%
Monthly public transit pass	??	$22.50 PAB22.50
New Volkswagen Golf 1.4 (standard edition)	$30,949.00 RSD3,131,973	$19,750.00 PAB19,750.00	-36.2%
Taxi trip in downtown area (5 miles)	$11.56 RSD1,170	$26.50 PAB26.50	+129.3%
Average			+14.0%

Belgrade vs. Panama City - Cost of transportation

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pay 22.6% more for housing

	Belgrade	Panama City
Internet connection 50 mbps or faster, cable/dsl	$34.99 RSD3,541	$49.20 PAB49.20	+40.6%
1-Bedroom apartment in downtown area	$875.83 RSD88,632	$1,164.71 PAB1,164.71	+33.0%
1-Bedroom apartment outside city center	$591.54 RSD59,863	$953.85 PAB953.85	+61.2%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$172.28 RSD17,435	$95.90 PAB95.90	-44.3%
Average			+22.6%

Belgrade vs. Panama City - Cost of housing

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pay 33.8% more for childcare

	Belgrade	Panama City
Private preschool for 1 child, monthly	$457.43 RSD46,291	$476.00 PAB476.00	+4.1%
Middle school for 1 child, two semesters	$9,625.72 RSD974,102	$15,733.33 PAB15,733.33	+63.5%
Average			+33.8%

Belgrade vs. Panama City - Cost of childcare

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pay 8.6% more for entertainment and sports

	Belgrade	Panama City
Domestic/local beer (1 pint)	$3.49 RSD353	$3.00 PAB3.00	-14.0%
Cappuccino in mid-range area	$2.93 RSD297	$3.61 PAB3.61	+23.1%
Pack of cigarettes Marlboro or similar	$4.67 RSD473	$5.92 PAB5.92	+26.8%
Monthly membership at local gym	$41.09 RSD4,158	$43.86 PAB43.86	+6.7%
Movie ticket to theater/cinema	$7.97 RSD807	$8.00 PAB8.00	+0.4%
Average			+8.6%

Belgrade vs. Panama City - Cost of entertainment and sports

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pay 14.0% less for clothing

	Belgrade	Panama City
Regular jeans Levi's brand	$100.03 RSD10,122	$50.00 PAB50.00	-50.0%
Regular dress from H&M or similar store	$43.05 RSD4,356	$47.50 PAB47.50	+10.3%
Running shoes Nike or Adidas	$110.81 RSD11,213	$89.55 PAB89.55	-19.2%
Men's business shoes (leather)	$123.14 RSD12,461	$126.88 PAB126.88	+3.0%
Average			-14.0%

Belgrade vs. Panama City - Cost of clothing

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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: December 2025

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