Cost of living comparison

compared to

Panama vs. Gambia Cost of Living Summary

Panama is 11.1 times more expensive than Gambia overall.

Restaurants: pay 11.6% less in Panama
Groceries: pay 2.2 times more in Panama
Transportation: pay 4.2 times more in Panama
Housing: pay 6.2 times more in Panama
Childcare: pay 61.7 times more in Panama
Entertainment and Sports: pay 75.2% more in Panama
Clothing: pay 10.6% less in Panama

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

Panama vs. Gambia Cost Breakdown

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

Display currency: USD

pay 11.6% less for restaurants

	Gambia	Panama
Basic meal with drink at inexpensive restaurant	$6.76 GMD493.24	$8.35 PAB8.35	+23.6%
Fast food combo meal McDonalds, or similar	$8.17 GMD596.06	$7.75 PAB7.75	-5.1%
Bottle of Coca-Cola (11 fl. oz)	$2.45 GMD178.64	$1.37 PAB1.37	-43.9%
Bottle of water (11 fl. oz)	$1.53 GMD112.01	$1.21 PAB1.21	-21.2%
Average			-11.6%

Gambia vs. Panama - Cost of restaurants

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pay 2.2 times more for groceries

	Gambia	Panama
Bread 1 loaf	$0.52 GMD38.23	$2.21 PAB2.21	+322.6%
Local cheese (8 oz)	$3.04 GMD221.96	$6.02 PAB6.02	+98.1%
Milk (1 gallon)	$5.12 GMD373.43	$6.86 PAB6.86	+34.1%
Eggs 1 dozen	$1.93 GMD140.57	$2.47 PAB2.47	+28.2%
Boneless chicken breast (1 lb)	$1.23 GMD89.49	$3.58 PAB3.58	+191.8%
Apples (1 lb)	$0.92 GMD67.12	$2.13 PAB2.13	+132.1%
Bananas (1 lb)	$0.56 GMD41.02	$0.60 PAB0.60	+6.5%
Oranges (1 lb)	$0.82 GMD59.66	$1.40 PAB1.40	+71.8%
Tomatoes (1 lb)	$0.61 GMD44.75	$1.51 PAB1.51	+145.6%
Potatoes (1 lb)	$0.41 GMD29.83	$0.96 PAB0.96	+134.6%
Onions (1 lb)	$0.44 GMD32.07	$0.99 PAB0.99	+125.6%
Average			+117.4%

Gambia vs. Panama - Cost of groceries

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pay 4.2 times more for transportation

	Gambia	Panama
Gasoline (1 gallon)	$4.00 GMD292.07	$3.87 PAB3.87	-3.4%
Monthly public transit pass	$6.55 GMD478.15	$23.75 PAB23.75	+262.6%
New Volkswagen Golf 1.4 (standard edition)	$2,635.13 GMD192,364.85	$23,416.67 PAB23,416.67	+788.6%
Taxi trip in downtown area (5 miles)	$5.74 GMD419.26	$20.20 PAB20.20	+251.7%
Average			+324.9%

Gambia vs. Panama - Cost of transportation

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pay 6.2 times more for housing

	Gambia	Panama
Internet connection 50 mbps or faster, cable/dsl	$45.05 GMD3,288.29	$48.39 PAB48.39	+7.4%
1-Bedroom apartment in downtown area	$102.56 GMD7,486.88	$765.94 PAB765.94	+646.8%
1-Bedroom apartment outside city center	$51.13 GMD3,732.21	$630.77 PAB630.77	+1133.8%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$23.25 GMD1,697.34	$89.09 PAB89.09	+283.2%
Average			+517.8%

Gambia vs. Panama - Cost of housing

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pay 61.7 times more for childcare

	Gambia	Panama
Private preschool for 1 child, monthly	$6.76 GMD493.24	$363.00 PAB363.00	+5272.4%
Middle school for 1 child, two semesters	$135.14 GMD9,864.86	$9,411.11 PAB9,411.11	+6864.2%
Average			+6068.3%

Gambia vs. Panama - Cost of childcare

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pay 75.2% more for entertainment and sports

	Gambia	Panama
Domestic/local beer (1 pint)	$4.70 GMD342.98	$1.95 PAB1.95	-58.5%
Cappuccino in mid-range area	$3.05 GMD222.95	$3.54 PAB3.54	+15.9%
Pack of cigarettes Marlboro or similar	$1.69 GMD123.31	$5.48 PAB5.48	+224.5%
Monthly membership at local gym	$23.65 GMD1,726.35	$51.47 PAB51.47	+117.7%
Movie ticket to theater/cinema	$3.38 GMD246.62	$5.97 PAB5.97	+76.6%
Average			+75.2%

Gambia vs. Panama - Cost of entertainment and sports

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pay 10.6% less for clothing

	Gambia	Panama
Regular jeans Levi's brand	$56.00 GMD4,088.00	$43.33 PAB43.33	-22.6%
Regular dress from H&M or similar store	$44.34 GMD3,236.82	$34.17 PAB34.17	-22.9%
Running shoes Nike or Adidas	$99.43 GMD7,258.39	$80.40 PAB80.40	-19.1%
Men's business shoes (leather)	$86.99 GMD6,350.27	$106.46 PAB106.46	+22.4%
Average			-10.6%

Gambia vs. Panama - Cost of clothing

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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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