Cost of living comparison

compared to

Panama City vs. Dakar Cost of Living Summary

Panama City is 32.9% more expensive than Dakar.

Restaurants: pay 48.1% more in Panama City
Groceries: pay 44.7% more in Panama City
Transportation: pay 34.0% less in Panama City
Housing: pay 41.7% more in Panama City
Childcare: pay 96.6% more in Panama City
Entertainment and Sports: pay 40.1% more in Panama City
Clothing: pay 6.7% less in Panama City

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

Panama City vs. Dakar Cost Breakdown

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

Display currency: USD

pay 48.1% more for restaurants

	Dakar	Panama City
Basic meal with drink at inexpensive restaurant	$4.92 F CFA2,771	$10.00 PAB10.00	+103.3%
Fast food combo meal McDonalds, or similar	$10.46 F CFA5,895	$8.00 PAB8.00	-23.5%
Bottle of Coca-Cola (11 fl. oz)	$0.89 F CFA504	$1.70 PAB1.70	+89.9%
Bottle of water (11 fl. oz)	$1.09 F CFA612	$1.33 PAB1.33	+22.9%
Average			+48.1%

Dakar vs. Panama City - Cost of restaurants

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pay 44.7% more for groceries

	Dakar	Panama City
Bread 1 loaf	$0.64 F CFA360	$2.56 PAB2.56	+300.7%
Local cheese (8 oz)	$6.44 F CFA3,628	$5.81 PAB5.81	-9.8%
Milk (1 gallon)	$9.55 F CFA5,378	$6.82 PAB6.82	-28.5%
Eggs 1 dozen	$2.81 F CFA1,582	$2.84 PAB2.84	+1.3%
Boneless chicken breast (1 lb)	$4.40 F CFA2,477	$3.29 PAB3.29	-25.1%
Apples (1 lb)	$1.27 F CFA716	$1.65 PAB1.65	+29.6%
Bananas (1 lb)	$0.85 F CFA480	$0.70 PAB0.70	-17.4%
Oranges (1 lb)	$1.21 F CFA683	$1.40 PAB1.40	+15.3%
Tomatoes (1 lb)	$0.98 F CFA552	$1.46 PAB1.46	+49.2%
Potatoes (1 lb)	$0.69 F CFA391	$1.00 PAB1.00	+43.5%
Onions (1 lb)	$0.59 F CFA330	$1.37 PAB1.37	+133.3%
Average			+44.7%

Dakar vs. Panama City - Cost of groceries

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pay 34.0% less for transportation

	Dakar	Panama City
Gasoline (1 gallon)	$6.70 F CFA3,776	$3.44 PAB3.44	-48.7%
Monthly public transit pass	$80.49 F CFA45,345	$22.50 PAB22.50	-72.0%
New Volkswagen Golf 1.4 (standard edition)	$37,116.17 F CFA20,909,149	$19,750.00 PAB19,750.00	-46.8%
Taxi trip in downtown area (5 miles)	$20.12 F CFA11,336	$26.50 PAB26.50	+31.7%
Average			-34.0%

Dakar vs. Panama City - Cost of transportation

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pay 41.7% more for housing

	Dakar	Panama City
Internet connection 50 mbps or faster, cable/dsl	$48.58 F CFA27,368	$49.20 PAB49.20	+1.3%
1-Bedroom apartment in downtown area	$940.87 F CFA530,034	$1,164.71 PAB1,164.71	+23.8%
1-Bedroom apartment outside city center	$364.90 F CFA205,565	$953.85 PAB953.85	+161.4%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$119.46 F CFA67,297	$95.90 PAB95.90	-19.7%
Average			+41.7%

Dakar vs. Panama City - Cost of housing

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pay 96.6% more for childcare

	Dakar	Panama City
Private preschool for 1 child, monthly	$268.31 F CFA151,150	$476.00 PAB476.00	+77.4%
Middle school for 1 child, two semesters	$7,289.08 F CFA4,106,255	$15,733.33 PAB15,733.33	+115.8%
Average			+96.6%

Dakar vs. Panama City - Cost of childcare

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pay 40.1% more for entertainment and sports

	Dakar	Panama City
Domestic/local beer (1 pint)	$2.68 F CFA1,512	$3.00 PAB3.00	+11.8%
Cappuccino in mid-range area	$4.47 F CFA2,520	$3.61 PAB3.61	-19.3%
Pack of cigarettes Marlboro or similar	$1.79 F CFA1,008	$5.92 PAB5.92	+231.2%
Monthly membership at local gym	$50.08 F CFA28,215	$43.86 PAB43.86	-12.4%
Movie ticket to theater/cinema	$8.94 F CFA5,038	$8.00 PAB8.00	-10.6%
Average			+40.1%

Dakar vs. Panama City - Cost of entertainment and sports

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pay 6.7% less for clothing

	Dakar	Panama City
Regular jeans Levi's brand	$52.32 F CFA29,474	$50.00 PAB50.00	-4.4%
Regular dress from H&M or similar store	$47.70 F CFA26,871	$47.50 PAB47.50	-0.4%
Running shoes Nike or Adidas	$110.31 F CFA62,140	$89.55 PAB89.55	-18.8%
Men's business shoes (leather)	$131.17 F CFA73,896	$126.88 PAB126.88	-3.3%
Average			-6.7%

Dakar 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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