Panama vs. El Salvador Cost of Living Summary

Panama is 2.0% more expensive than El Salvador overall.

Restaurants
pay 26.8% more in Panama
Groceries
pay 4.6% more in Panama
Transportation
pay 20.3% less in Panama
Housing
pay 4.1% less in Panama
Childcare
pay 2.3 times more in Panama
Entertainment and Sports
pay 29.2% more in Panama
Clothing
pay 30.3% less in Panama

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

Panama vs. El Salvador Cost Breakdown

If you lived in Panama instead of El Salvador, you would:

pay 26.8% more for restaurants

 
El Salvador
Panama
Basic meal with drink at inexpensive restaurant $6.75
SVC59.06
$8.20
PAB8.20
Fast food combo meal
McDonalds, or similar
$7.00
SVC61.25
$8.90
PAB8.90
Bottle of Coca-Cola (11 fl. oz) $1.14
SVC10.01
$1.41
PAB1.41

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pay 4.6% more for groceries

 
El Salvador
Panama
Bread
1 loaf
$2.53
SVC22.11
$2.28
PAB2.28
Local cheese (8 oz) $3.85
SVC33.72
$6.18
PAB6.18
Milk (1 gallon) $6.71
SVC58.72
$7.09
PAB7.09

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pay 20.3% less for transportation

 
El Salvador
Panama
Gasoline (1 gallon) $4.75
SVC41.60
$4.34
PAB4.34
Monthly public transit pass $37.50
SVC328.13
$23.00
PAB23.00
New Volkswagen Golf 1.4 (standard edition) $25,000.00
SVC219K
$23,920.67
PAB23,920.67

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pay 4.1% less for housing

 
El Salvador
Panama
Internet connection
50 mbps or faster, cable/dsl
$42.50
SVC371.88
$49.81
PAB49.81
1-Bedroom apartment in downtown area $824.50
SVC7,214.43
$789.50
PAB789.50
1-Bedroom apartment outside city center $660.00
SVC5,775.07
$614.84
PAB614.84

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pay 2.3 times more for childcare

 
El Salvador
Panama
Private preschool for 1 child, monthly $162.67
SVC1,423.35
$543.33
PAB543.33
Middle school for 1 child, two semesters $4,720.00
SVC41,300.50
$7,213.83
PAB7,213.83

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pay 29.2% more for entertainment and sports

 
El Salvador
Panama
Domestic/local beer (1 pint) $2.00
SVC17.50
$2.21
PAB2.21
Cappuccino in mid-range area $3.55
SVC31.02
$3.73
PAB3.73
Pack of cigarettes
Marlboro or similar
$4.00
SVC35.00
$5.29
PAB5.29

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pay 30.3% less for clothing

 
El Salvador
Panama
Regular jeans
Levi's brand
$67.15
SVC587.57
$45.56
PAB45.56
Regular dress
from H&M or similar store
$47.00
SVC411.25
$36.71
PAB36.71
Running shoes
Nike or Adidas
$118.33
SVC1,035.43
$69.81
PAB69.81

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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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