Cost of living comparison
compared to
Panama vs. Finland Cost of Living Summary
Panama is 16.5% cheaper than Finland overall.
- Restaurants
-
pay 42.8% less in Panama
- Groceries
-
pay 14.5% more in Panama
- Transportation
-
pay 37.9% less in Panama
- Housing
-
pay 20.2% more in Panama
- Childcare
-
pay 3.0% less in Panama
- Entertainment and Sports
-
pay 41.2% less in Panama
- Clothing
-
pay 25.6% less in Panama
The cost of housing and groceries in Panama are more expensive than in Finland. Expenses including restaurants, entertainment and sports, transportation, clothing, and childcare are lower in Panama.
Panama vs. Finland Cost Breakdown
If you lived in Panama instead of Finland, you would:
pay 42.8% less for restaurants
|
Finland
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$15.68
€13.46
|
$8.35
PAB8.35
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.56
€9.93
|
$7.75
PAB7.75
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.65
€2.28
|
$1.37
PAB1.37
|
|
| Bottle of water (11 fl. oz) |
$2.14
€1.83
|
$1.21
PAB1.21
|
|
Finland vs. Panama - Cost of restaurants
pay 14.5% more for groceries
|
Finland
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.47
€2.12
|
$2.21
PAB2.21
|
|
| Local cheese (8 oz) |
$4.19
€3.60
|
$6.02
PAB6.02
|
|
| Milk (1 gallon) |
$4.85
€4.17
|
$6.86
PAB6.86
|
|
|
Eggs
1 dozen
|
$3.24
€2.79
|
$2.47
PAB2.47
|
|
| Boneless chicken breast (1 lb) |
$6.13
€5.26
|
$3.58
PAB3.58
|
|
| Apples (1 lb) |
$1.13
€0.97
|
$2.13
PAB2.13
|
|
| Bananas (1 lb) |
$0.94
€0.81
|
$0.60
PAB0.60
|
|
| Oranges (1 lb) |
$1.05
€0.90
|
$1.40
PAB1.40
|
|
| Tomatoes (1 lb) |
$1.90
€1.63
|
$1.51
PAB1.51
|
|
| Potatoes (1 lb) |
$0.58
€0.50
|
$0.96
PAB0.96
|
|
| Onions (1 lb) |
$0.83
€0.71
|
$0.99
PAB0.99
|
|
Finland vs. Panama - Cost of groceries
pay 37.9% less for transportation
|
Finland
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.96
€6.84
|
$3.87
PAB3.87
|
|
| Monthly public transit pass |
$69.84
€59.98
|
$23.75
PAB23.75
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$34,910.15
€29,981.22
|
$23,416.67
PAB23,416.67
|
|
| Taxi trip in downtown area (5 miles) |
$20.49
€17.60
|
$20.20
PAB20.20
|
|
Finland vs. Panama - Cost of transportation
pay 20.2% more for housing
|
Finland
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$23.03
€19.77
|
$48.39
PAB48.39
|
|
| 1-Bedroom apartment in downtown area |
$801.83
€688.62
|
$765.94
PAB765.94
|
|
| 1-Bedroom apartment outside city center |
$658.48
€565.51
|
$630.77
PAB630.77
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$112.00
€96.18
|
$89.09
PAB89.09
|
|
Finland vs. Panama - Cost of housing
pay 3.0% less for childcare
|
Finland
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$333.41
€286.34
|
$363.00
PAB363.00
|
|
| Middle school for 1 child, two semesters |
$11,057.05
€9,495.91
|
$9,411.11
PAB9,411.11
|
|
Finland vs. Panama - Cost of childcare
pay 41.2% less for entertainment and sports
|
Finland
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$7.87
€6.76
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$4.79
€4.12
|
$3.54
PAB3.54
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.15
€10.44
|
$5.48
PAB5.48
|
|
| Monthly membership at local gym |
$44.75
€38.43
|
$51.47
PAB51.47
|
|
| Movie ticket to theater/cinema |
$16.99
€14.59
|
$5.97
PAB5.97
|
|
Finland vs. Panama - Cost of entertainment and sports
pay 25.6% less for clothing
|
Finland
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$93.32
€80.14
|
$43.33
PAB43.33
|
|
|
Regular dress
from H&M or similar store
|
$37.73
€32.40
|
$34.17
PAB34.17
|
|
|
Running shoes
Nike or Adidas
|
$96.29
€82.70
|
$80.40
PAB80.40
|
|
| Men's business shoes (leather) |
$137.67
€118.23
|
$106.46
PAB106.46
|
|
Finland vs. Panama - Cost of clothing
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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