Cost of living comparison
compared to
Panama vs. Eritrea Cost of Living Summary
Panama is 60.9% more expensive than Eritrea overall.
- Restaurants
-
pay 20.1% less in Panama
- Groceries
-
pay 19.6% more in Panama
- Transportation
-
pay 29.6% less in Panama
- Housing
-
pay 3.0 times more in Panama
- Childcare
-
pay 7.8 times more in Panama
- Entertainment and Sports
-
pay 3.5 times more in Panama
- Clothing
-
pay 61.8% less in Panama
The cost of childcare, entertainment and sports, housing, and groceries in Panama are more expensive than in Eritrea. Expenses including clothing, transportation, and restaurants are lower in Panama. Notably, childcare, entertainment and sports, and housing are significantly more expensive in Panama.
Panama vs. Eritrea Cost Breakdown
If you lived in Panama instead of Eritrea, you would:
pay 20.1% less for restaurants
|
Eritrea
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$21.00
ERN315.00
|
$8.20
PAB8.20
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.99
ERN89.85
|
$8.90
PAB8.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.00
ERN15.00
|
$1.41
PAB1.41
|
|
| Bottle of water (11 fl. oz) |
$1.00
ERN15.00
|
$1.30
PAB1.30
|
|
Eritrea vs. Panama - Cost of restaurants
pay 19.6% more for groceries
|
Eritrea
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
?? |
$2.28
PAB2.28
|
|
| Local cheese (8 oz) |
$1.50
ERN22.50
|
$6.18
PAB6.18
|
|
| Milk (1 gallon) |
$6.06
ERN90.85
|
$7.09
PAB7.09
|
|
|
Eggs
1 dozen
|
$4.38
ERN65.70
|
$2.56
PAB2.56
|
|
| Boneless chicken breast (1 lb) |
$12.17
ERN182.57
|
$3.42
PAB3.42
|
|
| Apples (1 lb) |
$5.54
ERN83.16
|
$1.86
PAB1.86
|
|
| Bananas (1 lb) |
$0.58
ERN8.69
|
$0.59
PAB0.59
|
|
| Oranges (1 lb) |
$0.91
ERN13.61
|
$1.76
PAB1.76
|
|
| Tomatoes (1 lb) |
$0.53
ERN7.94
|
$1.67
PAB1.67
|
|
| Potatoes (1 lb) |
$0.82
ERN12.25
|
$1.09
PAB1.09
|
|
| Onions (1 lb) |
$0.42
ERN6.35
|
$1.14
PAB1.14
|
|
Eritrea vs. Panama - Cost of groceries
pay 29.6% less for transportation
|
Eritrea
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$9.46
ERN141.95
|
$4.34
PAB4.34
|
|
| Monthly public transit pass |
$8.00
ERN120.00
|
$23.00
PAB23.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$66,666.00
ERN1000K
|
$23,920.67
PAB23,920.67
|
|
| Taxi trip in downtown area (5 miles) | ?? |
$16.62
PAB16.62
|
|
Eritrea vs. Panama - Cost of transportation
pay 3.0 times more for housing
|
Eritrea
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$200.00
ERN3,000.00
|
$49.81
PAB49.81
|
|
| 1-Bedroom apartment in downtown area |
$250.00
ERN3,750.00
|
$789.50
PAB789.50
|
|
| 1-Bedroom apartment outside city center |
$200.00
ERN3,000.00
|
$614.84
PAB614.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$19.12
ERN286.76
|
$96.53
PAB96.53
|
|
Eritrea vs. Panama - Cost of housing
pay 7.8 times more for childcare
|
Eritrea
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$25.00
ERN375.00
|
$543.33
PAB543.33
|
|
| Middle school for 1 child, two semesters |
$2,600.00
ERN39,000.00
|
$7,213.83
PAB7,213.83
|
|
Eritrea vs. Panama - Cost of childcare
pay 3.5 times more for entertainment and sports
|
Eritrea
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$0.60
ERN9.00
|
$2.21
PAB2.21
|
|
| Cappuccino in mid-range area |
$0.80
ERN12.00
|
$3.73
PAB3.73
|
|
|
Pack of cigarettes
Marlboro or similar
|
?? |
$5.29
PAB5.29
|
|
| Monthly membership at local gym |
$27.00
ERN405.00
|
$50.91
PAB50.91
|
|
| Movie ticket to theater/cinema |
$1.20
ERN18.00
|
$6.13
PAB6.13
|
|
Eritrea vs. Panama - Cost of entertainment and sports
pay 61.8% less for clothing
|
Eritrea
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$135.00
ERN2,025.00
|
$45.56
PAB45.56
|
|
|
Regular dress
from H&M or similar store
|
$120.00
ERN1,800.00
|
$36.71
PAB36.71
|
|
|
Running shoes
Nike or Adidas
|
$200.00
ERN3,000.00
|
$69.81
PAB69.81
|
|
| Men's business shoes (leather) |
$150.00
ERN2,250.00
|
$88.33
PAB88.33
|
|
Eritrea vs. Panama - Cost of clothing
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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