Cost of living comparison

Hungary

compared to

Panama

Panama vs. Hungary Cost of Living Summary

Panama is 15.0% more expensive than Hungary overall.

Restaurants: pay 12.3% less in Panama
Groceries: pay 38.3% more in Panama
Transportation: pay 20.7% less in Panama
Housing: pay 44.3% more in Panama
Childcare: pay 20.1% more in Panama
Entertainment and Sports: pay 0.3% less in Panama
Clothing: pay 18.9% less in Panama

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

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Panama vs. Hungary Cost Breakdown

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

Display currency: USD

pay 12.3% less for restaurants

	Hungary	Panama
Basic meal with drink at inexpensive restaurant	$10.87 HUF3,514.69	$8.20 PAB8.20	-24.6%
Fast food combo meal McDonalds, or similar	$8.99 HUF2,906.01	$8.90 PAB8.90	-1.0%
Bottle of Coca-Cola (11 fl. oz)	$1.53 HUF495.24	$1.41 PAB1.41	-8.1%
Bottle of water (11 fl. oz)	$1.22 HUF393.06	$1.30 PAB1.30	+7.3%
Average			-12.3%

Hungary vs. Panama - Cost of restaurants

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pay 38.3% more for groceries

	Hungary	Panama
Bread 1 loaf	$1.45 HUF467.70	$2.28 PAB2.28	+57.9%
Local cheese (8 oz)	$5.06 HUF1,634.56	$6.18 PAB6.18	+22.3%
Milk (1 gallon)	$4.46 HUF1,443.11	$7.09 PAB7.09	+58.7%
Eggs 1 dozen	$3.41 HUF1,101.00	$2.56 PAB2.56	-24.9%
Boneless chicken breast (1 lb)	$2.93 HUF947.92	$3.42 PAB3.42	+16.7%
Apples (1 lb)	$0.91 HUF293.18	$1.86 PAB1.86	+104.8%
Bananas (1 lb)	$0.95 HUF306.91	$0.59 PAB0.59	-37.7%
Oranges (1 lb)	$0.98 HUF315.85	$1.76 PAB1.76	+80.1%
Tomatoes (1 lb)	$1.51 HUF487.70	$1.67 PAB1.67	+10.9%
Potatoes (1 lb)	$0.47 HUF150.57	$1.09 PAB1.09	+134.6%
Onions (1 lb)	$0.52 HUF168.31	$1.14 PAB1.14	+119.4%
Average			+38.3%

Hungary vs. Panama - Cost of groceries

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pay 20.7% less for transportation

	Hungary	Panama
Gasoline (1 gallon)	$6.99 HUF2,261.00	$4.34 PAB4.34	-37.9%
Monthly public transit pass	$24.26 HUF7,843.83	$23.00 PAB23.00	-5.2%
New Volkswagen Golf 1.4 (standard edition)	$29,505.45 HUF10M	$23,920.67 PAB23,920.67	-18.9%
Taxi trip in downtown area (5 miles)	$14.89 HUF4,813.95	$16.62 PAB16.62	+11.6%
Average			-20.7%

Hungary vs. Panama - Cost of transportation

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pay 44.3% more for housing

	Hungary	Panama
Internet connection 50 mbps or faster, cable/dsl	$21.54 HUF6,964.82	$49.81 PAB49.81	+131.2%
1-Bedroom apartment in downtown area	$513.43 HUF166K	$789.50 PAB789.50	+53.8%
1-Bedroom apartment outside city center	$393.20 HUF127K	$614.84 PAB614.84	+56.4%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$114.97 HUF37,171.34	$96.53 PAB96.53	-16.0%
Average			+44.3%

Hungary vs. Panama - Cost of housing

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pay 20.1% more for childcare

	Hungary	Panama
Private preschool for 1 child, monthly	$324.41 HUF105K	$543.33 PAB543.33	+67.5%
Middle school for 1 child, two semesters	$8,370.86 HUF3M	$7,213.83 PAB7,213.83	-13.8%
Average			+20.1%

Hungary vs. Panama - Cost of childcare

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pay 0.3% less for entertainment and sports

	Hungary	Panama
Domestic/local beer (1 pint)	$2.18 HUF704.52	$2.21 PAB2.21	+1.4%
Cappuccino in mid-range area	$2.37 HUF766.32	$3.73 PAB3.73	+57.3%
Pack of cigarettes Marlboro or similar	$7.52 HUF2,432.53	$5.29 PAB5.29	-29.7%
Monthly membership at local gym	$50.86 HUF16,442.95	$50.91 PAB50.91	+0.1%
Movie ticket to theater/cinema	$7.84 HUF2,533.66	$6.13 PAB6.13	-21.7%
Average			-0.3%

Hungary vs. Panama - Cost of entertainment and sports

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pay 18.9% less for clothing

	Hungary	Panama
Regular jeans Levi's brand	$85.00 HUF27,480.38	$45.56 PAB45.56	-46.4%
Regular dress from H&M or similar store	$34.43 HUF11,132.40	$36.71 PAB36.71	+6.6%
Running shoes Nike or Adidas	$85.20 HUF27,546.89	$69.81 PAB69.81	-18.1%
Men's business shoes (leather)	$95.64 HUF30,922.08	$88.33 PAB88.33	-7.6%
Average			-18.9%

Hungary 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: Hungary vs. Panama

Salary Calculator · Free tool

What salary would you need in Panama?

Quality of Life Comparison · 20 statistics

Be 85.0% more likely to be unemployed in Panama

Size Comparison · See true size

Hungary is about 1.2 times bigger than Panama.

Moving from Hungary to Panama · UN DESA 2020

69 people born in Hungary live in Panama.

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