Cost of living comparison

Estonia

compared to

Panama

Panama vs. Estonia Cost of Living Summary

Panama is 4.4% more expensive than Estonia overall.

Restaurants: pay 34.8% less in Panama
Groceries: pay 50.3% more in Panama
Transportation: pay 20.8% less in Panama
Housing: pay 29.2% more in Panama
Childcare: pay 7.7% more in Panama
Entertainment and Sports: pay 26.6% less in Panama
Clothing: pay 33.9% less in Panama

The cost of groceries, housing, and childcare in Panama are more expensive than in Estonia. Expenses including restaurants, clothing, entertainment and sports, and transportation are lower in Panama.

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Panama vs. Estonia Cost Breakdown

If you lived in Panama instead of Estonia, you would:

Display currency: USD

pay 34.8% less for restaurants

	Estonia	Panama
Basic meal with drink at inexpensive restaurant	$14.56 €12.96	$8.20 PAB8.20	-43.7%
Fast food combo meal McDonalds, or similar	$10.34 €9.20	$8.90 PAB8.90	-13.9%
Bottle of Coca-Cola (11 fl. oz)	$2.57 €2.29	$1.41 PAB1.41	-45.2%
Bottle of water (11 fl. oz)	$2.32 €2.06	$1.30 PAB1.30	-43.7%
Average			-34.8%

Estonia vs. Panama - Cost of restaurants

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pay 50.3% more for groceries

	Estonia	Panama
Bread 1 loaf	$1.41 €1.25	$2.28 PAB2.28	+62.6%
Local cheese (8 oz)	$5.39 €4.80	$6.18 PAB6.18	+14.8%
Milk (1 gallon)	$4.14 €3.69	$7.09 PAB7.09	+71.0%
Eggs 1 dozen	$2.81 €2.50	$2.56 PAB2.56	-8.9%
Boneless chicken breast (1 lb)	$3.93 €3.50	$3.42 PAB3.42	-12.9%
Apples (1 lb)	$0.91 €0.81	$1.86 PAB1.86	+103.3%
Bananas (1 lb)	$0.65 €0.58	$0.59 PAB0.59	-9.3%
Oranges (1 lb)	$1.08 €0.96	$1.76 PAB1.76	+62.5%
Tomatoes (1 lb)	$1.24 €1.10	$1.67 PAB1.67	+34.8%
Potatoes (1 lb)	$0.37 €0.33	$1.09 PAB1.09	+194.9%
Onions (1 lb)	$0.39 €0.35	$1.14 PAB1.14	+193.6%
Average			+50.3%

Estonia vs. Panama - Cost of groceries

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pay 20.8% less for transportation

	Estonia	Panama
Gasoline (1 gallon)	$7.27 €6.47	$4.34 PAB4.34	-40.3%
Monthly public transit pass	$26.37 €23.47	$23.00 PAB23.00	-12.8%
New Volkswagen Golf 1.4 (standard edition)	$27,988.91 €24,911.14	$23,920.67 PAB23,920.67	-14.5%
Taxi trip in downtown area (5 miles)	$12.52 €11.14	$16.62 PAB16.62	+32.8%
Average			-20.8%

Estonia vs. Panama - Cost of transportation

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pay 29.2% more for housing

	Estonia	Panama
Internet connection 50 mbps or faster, cable/dsl	$31.76 €28.27	$49.81 PAB49.81	+56.8%
1-Bedroom apartment in downtown area	$512.18 €455.86	$789.50 PAB789.50	+54.1%
1-Bedroom apartment outside city center	$387.48 €344.88	$614.84 PAB614.84	+58.7%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$221.29 €196.96	$96.53 PAB96.53	-56.4%
Average			+29.2%

Estonia vs. Panama - Cost of housing

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pay 7.7% more for childcare

	Estonia	Panama
Private preschool for 1 child, monthly	$324.72 €289.02	$543.33 PAB543.33	+67.3%
Middle school for 1 child, two semesters	$10,400.01 €9,256.38	$7,213.83 PAB7,213.83	-30.6%
Average			+7.7%

Estonia vs. Panama - Cost of childcare

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pay 26.6% less for entertainment and sports

	Estonia	Panama
Domestic/local beer (1 pint)	$5.67 €5.04	$2.21 PAB2.21	-61.0%
Cappuccino in mid-range area	$4.06 €3.61	$3.73 PAB3.73	-8.2%
Pack of cigarettes Marlboro or similar	$6.56 €5.84	$5.29 PAB5.29	-19.3%
Monthly membership at local gym	$45.01 €40.06	$50.91 PAB50.91	+13.1%
Movie ticket to theater/cinema	$9.62 €8.56	$6.13 PAB6.13	-36.3%
Average			-26.6%

Estonia vs. Panama - Cost of entertainment and sports

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pay 33.9% less for clothing

	Estonia	Panama
Regular jeans Levi's brand	$97.14 €86.46	$45.56 PAB45.56	-53.1%
Regular dress from H&M or similar store	$49.85 €44.37	$36.71 PAB36.71	-26.4%
Running shoes Nike or Adidas	$94.67 €84.26	$69.81 PAB69.81	-26.3%
Men's business shoes (leather)	$118.18 €105.19	$88.33 PAB88.33	-25.3%
Average			-33.9%

Estonia vs. Panama - 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

Compare further: Estonia vs. Panama

Salary Calculator · Free tool

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Quality of Life Comparison · 19 statistics

Make 42.5% less money in Panama

Size Comparison · See true size

Estonia is about 1.7 times smaller than Panama.

Moving from Estonia to Panama · Cost, visas & climate

Compare cost of living, salary and climate.

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