Cost of living comparison
compared to
Panama vs. Finland Cost of Living Summary
Panama is 18.8% cheaper than Finland overall.
Panama vs. Finland Cost Breakdown
If you lived in Panama instead of Finland, you would:
pay 40.6% less for restaurants
|
Finland
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$15.96
€14.20
|
$8.20
PAB8.20
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.89
€10.58
|
$8.90
PAB8.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.80
€2.49
|
$1.41
PAB1.41
|
|
| Bottle of water (11 fl. oz) |
$2.19
€1.95
|
$1.30
PAB1.30
|
|
Finland vs. Panama - Cost of restaurants
pay 14.6% more for groceries
|
Finland
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.55
€2.27
|
$2.28
PAB2.28
|
|
| Local cheese (8 oz) |
$4.18
€3.72
|
$6.18
PAB6.18
|
|
| Milk (1 gallon) |
$4.89
€4.36
|
$7.09
PAB7.09
|
|
|
Eggs
1 dozen
|
$3.23
€2.88
|
$2.56
PAB2.56
|
|
| Boneless chicken breast (1 lb) |
$5.94
€5.28
|
$3.42
PAB3.42
|
|
| Apples (1 lb) |
$1.07
€0.95
|
$1.86
PAB1.86
|
|
| Bananas (1 lb) |
$0.92
€0.82
|
$0.59
PAB0.59
|
|
| Oranges (1 lb) |
$1.06
€0.95
|
$1.76
PAB1.76
|
|
| Tomatoes (1 lb) |
$1.75
€1.56
|
$1.67
PAB1.67
|
|
| Potatoes (1 lb) |
$0.56
€0.50
|
$1.09
PAB1.09
|
|
| Onions (1 lb) |
$0.77
€0.69
|
$1.14
PAB1.14
|
|
Finland vs. Panama - Cost of groceries
pay 47.1% less for transportation
|
Finland
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.37
€7.45
|
$4.34
PAB4.34
|
|
| Monthly public transit pass |
$69.28
€61.66
|
$23.00
PAB23.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,392.23
€31,500.36
|
$23,920.67
PAB23,920.67
|
|
| Taxi trip in downtown area (5 miles) |
$19.22
€17.11
|
$16.62
PAB16.62
|
|
Finland vs. Panama - Cost of transportation
pay 1.8% less for housing
|
Finland
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$23.47
€20.89
|
$49.81
PAB49.81
|
|
| 1-Bedroom apartment in downtown area |
$812.17
€722.86
|
$789.50
PAB789.50
|
|
| 1-Bedroom apartment outside city center |
$648.17
€576.89
|
$614.84
PAB614.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$112.50
€100.13
|
$96.53
PAB96.53
|
|
Finland vs. Panama - Cost of housing
pay 7.4% less for childcare
|
Finland
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$343.69
€305.90
|
$543.33
PAB543.33
|
|
| Middle school for 1 child, two semesters |
$13,310.70
€11,847.00
|
$7,213.83
PAB7,213.83
|
|
Finland vs. Panama - Cost of childcare
pay 45.8% less for entertainment and sports
|
Finland
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$8.12
€7.23
|
$2.21
PAB2.21
|
|
| Cappuccino in mid-range area |
$4.71
€4.19
|
$3.73
PAB3.73
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.52
€11.14
|
$5.29
PAB5.29
|
|
| Monthly membership at local gym |
$43.65
€38.85
|
$50.91
PAB50.91
|
|
| Movie ticket to theater/cinema |
$17.16
€15.27
|
$6.13
PAB6.13
|
|
Finland vs. Panama - Cost of entertainment and sports
pay 33.6% less for clothing
|
Finland
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$91.56
€81.49
|
$45.56
PAB45.56
|
|
|
Regular dress
from H&M or similar store
|
$40.36
€35.92
|
$36.71
PAB36.71
|
|
|
Running shoes
Nike or Adidas
|
$97.65
€86.91
|
$69.81
PAB69.81
|
|
| Men's business shoes (leather) |
$146.74
€130.61
|
$88.33
PAB88.33
|
|
Finland 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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Compare further: Finland vs. Panama
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Quality of Life Comparison · 22 statistics
Be 77.9% more likely to live below the poverty line in Panama
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Size Comparison · See true size
Finland is about 4.5 times bigger than Panama.
→
Moving from Finland to Panama · UN DESA 2020
55 people born in Finland live in Panama.
→
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