Cost of living comparison
compared to
Panama City vs. Lisbon Cost of Living Summary
Panama City is 8.3% cheaper than Lisbon.
- Restaurants
-
pay 27.3% less in Panama City
- Groceries
-
pay 23.5% more in Panama City
- Transportation
-
pay 10.7% less in Panama City
- Housing
-
pay 10.6% less in Panama City
- Childcare
-
pay 14.8% less in Panama City
- Entertainment and Sports
-
pay 5.2% less in Panama City
- Clothing
-
pay 12.7% less in Panama City
Expenses including restaurants, childcare, clothing, transportation, housing, and entertainment and sports are lower in Panama City.
Panama City vs. Lisbon Cost Breakdown
If you lived in Panama City instead of Lisbon, you would:
pay 27.3% less for restaurants
|
Lisbon
|
Panama City
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$16.35
€14.10
|
$10.00
PAB10.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.51
€9.06
|
$8.00
PAB8.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.43
€2.10
|
$1.70
PAB1.70
|
|
| Bottle of water (11 fl. oz) |
$1.60
€1.38
|
$1.33
PAB1.33
|
|
Lisbon vs. Panama City - Cost of restaurants
pay 23.5% more for groceries
|
Lisbon
|
Panama City
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.80
€1.55
|
$2.56
PAB2.56
|
|
| Local cheese (8 oz) |
$6.60
€5.69
|
$5.81
PAB5.81
|
|
| Milk (1 gallon) |
$4.37
€3.77
|
$6.82
PAB6.82
|
|
|
Eggs
1 dozen
|
$3.53
€3.04
|
$2.84
PAB2.84
|
|
| Boneless chicken breast (1 lb) |
$3.70
€3.19
|
$3.29
PAB3.29
|
|
| Apples (1 lb) |
$1.07
€0.92
|
$1.65
PAB1.65
|
|
| Bananas (1 lb) |
$0.77
€0.66
|
$0.70
PAB0.70
|
|
| Oranges (1 lb) |
$0.91
€0.79
|
$1.40
PAB1.40
|
|
| Tomatoes (1 lb) |
$1.12
€0.97
|
$1.46
PAB1.46
|
|
| Potatoes (1 lb) |
$0.83
€0.71
|
$1.00
PAB1.00
|
|
| Onions (1 lb) |
$0.90
€0.77
|
$1.37
PAB1.37
|
|
Lisbon vs. Panama City - Cost of groceries
pay 10.7% less for transportation
|
Lisbon
|
Panama City
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.84
€6.76
|
$3.44
PAB3.44
|
|
| Monthly public transit pass |
$46.72
€40.29
|
$22.50
PAB22.50
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,922.69
€30,977.10
|
$19,750.00
PAB19,750.00
|
|
| Taxi trip in downtown area (5 miles) |
$12.61
€10.88
|
$26.50
PAB26.50
|
|
Lisbon vs. Panama City - Cost of transportation
pay 10.6% less for housing
|
Lisbon
|
Panama City
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$39.69
€34.22
|
$49.20
PAB49.20
|
|
| 1-Bedroom apartment in downtown area |
$1,643.37
€1,417.12
|
$1,164.71
PAB1,164.71
|
|
| 1-Bedroom apartment outside city center |
$1,233.04
€1,063.29
|
$953.85
PAB953.85
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$112.34
€96.87
|
$95.90
PAB95.90
|
|
Lisbon vs. Panama City - Cost of housing
pay 14.8% less for childcare
|
Lisbon
|
Panama City
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$628.37
€541.86
|
$476.00
PAB476.00
|
|
| Middle school for 1 child, two semesters |
$16,617.31
€14,329.55
|
$15,733.33
PAB15,733.33
|
|
Lisbon vs. Panama City - Cost of childcare
pay 5.2% less for entertainment and sports
|
Lisbon
|
Panama City
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.50
€3.02
|
$3.00
PAB3.00
|
|
| Cappuccino in mid-range area |
$2.76
€2.38
|
$3.61
PAB3.61
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.83
€5.89
|
$5.92
PAB5.92
|
|
| Monthly membership at local gym |
$51.26
€44.20
|
$43.86
PAB43.86
|
|
| Movie ticket to theater/cinema |
$9.34
€8.06
|
$8.00
PAB8.00
|
|
Lisbon vs. Panama City - Cost of entertainment and sports
pay 12.7% less for clothing
|
Lisbon
|
Panama City
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.27
€95.95
|
$50.00
PAB50.00
|
|
|
Regular dress
from H&M or similar store
|
$42.18
€36.37
|
$47.50
PAB47.50
|
|
|
Running shoes
Nike or Adidas
|
$97.12
€83.75
|
$89.55
PAB89.55
|
|
| Men's business shoes (leather) |
$127.37
€109.84
|
$126.88
PAB126.88
|
|
Lisbon vs. Panama City - 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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