Cost of living comparison

Lebanon

compared to

Panama

Panama vs. Lebanon Cost of Living Summary

Panama is 2.6% more expensive than Lebanon overall.

Restaurants: pay 2.9% less in Panama
Groceries: pay 55.1% more in Panama
Transportation: pay 41.0% less in Panama
Housing: pay 25.3% more in Panama
Childcare: pay 9.5% less in Panama
Entertainment and Sports: pay 26.4% less in Panama
Clothing: pay 34.4% less in Panama

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

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Panama vs. Lebanon Cost Breakdown

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

Display currency: USD

pay 2.9% less for restaurants

	Lebanon	Panama
Basic meal with drink at inexpensive restaurant	$8.50 LBP761K	$8.20 PAB8.20	-3.5%
Fast food combo meal McDonalds, or similar	$9.50 LBP851K	$8.90 PAB8.90	-6.3%
Bottle of Coca-Cola (11 fl. oz)	$1.91 LBP171K	$1.41 PAB1.41	-26.4%
Bottle of water (11 fl. oz)	$0.87 LBP78,113	$1.30 PAB1.30	+49.6%
Average			-2.9%

Lebanon vs. Panama - Cost of restaurants

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pay 55.1% more for groceries

	Lebanon	Panama
Bread 1 loaf	$0.85 LBP75,881	$2.28 PAB2.28	+169.7%
Local cheese (8 oz)	$5.54 LBP496K	$6.18 PAB6.18	+11.7%
Milk (1 gallon)	$6.12 LBP548K	$7.09 PAB7.09	+15.7%
Eggs 1 dozen	$2.38 LBP214K	$2.56 PAB2.56	+7.3%
Boneless chicken breast (1 lb)	$3.88 LBP347K	$3.42 PAB3.42	-11.8%
Apples (1 lb)	$1.39 LBP124K	$1.86 PAB1.86	+33.7%
Bananas (1 lb)	$0.76 LBP68,245	$0.59 PAB0.59	-22.3%
Oranges (1 lb)	$0.75 LBP66,945	$1.76 PAB1.76	+135.4%
Tomatoes (1 lb)	$0.45 LBP40,622	$1.67 PAB1.67	+268.7%
Potatoes (1 lb)	$0.42 LBP37,271	$1.09 PAB1.09	+162.5%
Onions (1 lb)	$0.71 LBP63,835	$1.14 PAB1.14	+60.3%
Average			+55.1%

Lebanon vs. Panama - Cost of groceries

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pay 41.0% less for transportation

	Lebanon	Panama
Gasoline (1 gallon)	$4.04 LBP362K	$4.34 PAB4.34	+7.4%
Monthly public transit pass	$77.50 LBP7M	$23.00 PAB23.00	-70.3%
New Volkswagen Golf 1.4 (standard edition)	$53,500.00 LBP5B	$23,920.67 PAB23,920.67	-55.3%
Taxi trip in downtown area (5 miles)	$18.00 LBP2M	$16.62 PAB16.62	-7.7%
Average			-41.0%

Lebanon vs. Panama - Cost of transportation

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pay 25.3% more for housing

	Lebanon	Panama
Internet connection 50 mbps or faster, cable/dsl	$30.24 LBP3M	$49.81 PAB49.81	+64.7%
1-Bedroom apartment in downtown area	$671.90 LBP60M	$789.50 PAB789.50	+17.5%
1-Bedroom apartment outside city center	$348.30 LBP31M	$614.84 PAB614.84	+76.5%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$177.50 LBP16M	$96.53 PAB96.53	-45.6%
Average			+25.3%

Lebanon vs. Panama - Cost of housing

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pay 9.5% less for childcare

	Lebanon	Panama
Private preschool for 1 child, monthly	$681.75 LBP61M	$543.33 PAB543.33	-20.3%
Middle school for 1 child, two semesters	$7,021.88 LBP629M	$7,213.83 PAB7,213.83	+2.7%
Average			-9.5%

Lebanon vs. Panama - Cost of childcare

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pay 26.4% less for entertainment and sports

	Lebanon	Panama
Domestic/local beer (1 pint)	$5.00 LBP448K	$2.21 PAB2.21	-55.8%
Cappuccino in mid-range area	$4.27 LBP382K	$3.73 PAB3.73	-12.7%
Pack of cigarettes Marlboro or similar	$3.00 LBP269K	$5.29 PAB5.29	+76.4%
Monthly membership at local gym	$62.50 LBP6M	$50.91 PAB50.91	-18.5%
Movie ticket to theater/cinema	$10.00 LBP896K	$6.13 PAB6.13	-38.7%
Average			-26.4%

Lebanon vs. Panama - Cost of entertainment and sports

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pay 34.4% less for clothing

	Lebanon	Panama
Regular jeans Levi's brand	$67.62 LBP6M	$45.56 PAB45.56	-32.6%
Regular dress from H&M or similar store	$49.29 LBP4M	$36.71 PAB36.71	-25.5%
Running shoes Nike or Adidas	$138.89 LBP12M	$69.81 PAB69.81	-49.7%
Men's business shoes (leather)	$120.00 LBP11M	$88.33 PAB88.33	-26.4%
Average			-34.4%

Lebanon 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: Lebanon vs. Panama

Salary Calculator · Free tool

What salary would you need in Panama?

Quality of Life Comparison · 20 statistics

Make 4.4 times more money in Panama

Size Comparison · See true size

Lebanon is about 7 times smaller than Panama.

Moving from Lebanon to Panama · UN DESA 2020

632 people born in Lebanon live in Panama.

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