Cost of living comparison

compared to

Panama vs. Hungary Cost of Living Summary

Panama is 17.8% more expensive than Hungary overall.

Restaurants: pay 4.2% less in Panama
Groceries: pay 48.2% more in Panama
Transportation: pay 2.6% less in Panama
Housing: pay 60.2% more in Panama
Childcare: pay 23.5% more in Panama
Entertainment and Sports: pay 3.2% more in Panama
Clothing: pay 3.5% less in Panama

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

Panama vs. Hungary Cost Breakdown

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

Display currency: USD

pay 4.2% less for restaurants

	Hungary	Panama
Basic meal with drink at inexpensive restaurant	$10.15 HUF3,330.88	$8.35 PAB8.35	-17.8%
Fast food combo meal McDonalds, or similar	$8.05 HUF2,639.18	$7.75 PAB7.75	-3.7%
Bottle of Coca-Cola (11 fl. oz)	$1.44 HUF471.06	$1.37 PAB1.37	-4.4%
Bottle of water (11 fl. oz)	$1.11 HUF364.07	$1.21 PAB1.21	+9.0%
Average			-4.2%

Hungary vs. Panama - Cost of restaurants

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pay 48.2% more for groceries

	Hungary	Panama
Bread 1 loaf	$1.54 HUF506.07	$2.21 PAB2.21	+43.4%
Local cheese (8 oz)	$4.49 HUF1,473.09	$6.02 PAB6.02	+34.1%
Milk (1 gallon)	$4.17 HUF1,369.06	$6.86 PAB6.86	+64.3%
Eggs 1 dozen	$2.86 HUF937.40	$2.47 PAB2.47	-13.6%
Boneless chicken breast (1 lb)	$2.70 HUF884.74	$3.58 PAB3.58	+32.6%
Apples (1 lb)	$0.79 HUF258.17	$2.13 PAB2.13	+171.2%
Bananas (1 lb)	$0.88 HUF289.17	$0.60 PAB0.60	-32.1%
Oranges (1 lb)	$0.91 HUF298.57	$1.40 PAB1.40	+54.3%
Tomatoes (1 lb)	$1.40 HUF458.11	$1.51 PAB1.51	+7.8%
Potatoes (1 lb)	$0.51 HUF167.52	$0.96 PAB0.96	+87.7%
Onions (1 lb)	$0.55 HUF179.65	$0.99 PAB0.99	+80.9%
Average			+48.2%

Hungary vs. Panama - Cost of groceries

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pay 2.6% less for transportation

	Hungary	Panama
Gasoline (1 gallon)	$6.76 HUF2,218.03	$3.87 PAB3.87	-42.8%
Monthly public transit pass	$25.12 HUF8,238.69	$23.75 PAB23.75	-5.4%
New Volkswagen Golf 1.4 (standard edition)	$26,788.81 HUF8,787,263.89	$23,416.67 PAB23,416.67	-12.6%
Taxi trip in downtown area (5 miles)	$13.43 HUF4,403.68	$20.20 PAB20.20	+50.5%
Average			-2.6%

Hungary vs. Panama - Cost of transportation

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pay 60.2% more for housing

	Hungary	Panama
Internet connection 50 mbps or faster, cable/dsl	$20.66 HUF6,777.14	$48.39 PAB48.39	+134.2%
1-Bedroom apartment in downtown area	$481.37 HUF157,899.93	$765.94 PAB765.94	+59.1%
1-Bedroom apartment outside city center	$376.75 HUF123,582.86	$630.77 PAB630.77	+67.4%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$111.14 HUF36,455.08	$89.09 PAB89.09	-19.8%
Average			+60.2%

Hungary vs. Panama - Cost of housing

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pay 23.5% more for childcare

	Hungary	Panama
Private preschool for 1 child, monthly	$310.81 HUF101,951.48	$363.00 PAB363.00	+16.8%
Middle school for 1 child, two semesters	$7,229.50 HUF2,371,419.52	$9,411.11 PAB9,411.11	+30.2%
Average			+23.5%

Hungary vs. Panama - Cost of childcare

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pay 3.2% more for entertainment and sports

	Hungary	Panama
Domestic/local beer (1 pint)	$2.09 HUF686.16	$1.95 PAB1.95	-6.8%
Cappuccino in mid-range area	$2.21 HUF725.87	$3.54 PAB3.54	+60.0%
Pack of cigarettes Marlboro or similar	$6.97 HUF2,285.18	$5.48 PAB5.48	-21.3%
Monthly membership at local gym	$49.15 HUF16,122.78	$51.47 PAB51.47	+4.7%
Movie ticket to theater/cinema	$7.52 HUF2,467.08	$5.97 PAB5.97	-20.7%
Average			+3.2%

Hungary vs. Panama - Cost of entertainment and sports

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pay 3.5% less for clothing

	Hungary	Panama
Regular jeans Levi's brand	$76.50 HUF25,094.90	$43.33 PAB43.33	-43.4%
Regular dress from H&M or similar store	$30.66 HUF10,056.34	$34.17 PAB34.17	+11.4%
Running shoes Nike or Adidas	$79.51 HUF26,082.15	$80.40 PAB80.40	+1.1%
Men's business shoes (leather)	$91.04 HUF29,862.12	$106.46 PAB106.46	+16.9%
Average			-3.5%

Hungary 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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