Cost of living comparison

compared to

Panama vs. Macedonia Cost of Living Summary

Panama is 84.1% more expensive than Macedonia overall.

Restaurants: pay 18.8% more in Panama
Groceries: pay 2.1 times more in Panama
Transportation: pay 45.8% more in Panama
Housing: pay 2.4 times more in Panama
Childcare: pay 3.3 times more in Panama
Entertainment and Sports: pay 48.2% more in Panama
Clothing: pay 6.7% less in Panama

The cost of childcare, housing, groceries, entertainment and sports, transportation, and restaurants in Panama are more expensive than in Macedonia. Notably, childcare, housing, and groceries are significantly more expensive in Panama.

Panama vs. Macedonia Cost Breakdown

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

Display currency: USD

pay 18.8% more for restaurants

	Macedonia	Panama
Basic meal with drink at inexpensive restaurant	$5.93 MKD313.70	$8.35 PAB8.35	+40.9%
Fast food combo meal McDonalds, or similar	$5.13 MKD271.50	$7.75 PAB7.75	+51.0%
Bottle of Coca-Cola (11 fl. oz)	$1.65 MKD87.38	$1.37 PAB1.37	-16.8%
Bottle of water (11 fl. oz)	$1.21 MKD64.08	$1.21 PAB1.21	-0.1%
Average			+18.8%

Macedonia vs. Panama - Cost of restaurants

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pay 2.1 times more for groceries

	Macedonia	Panama
Bread 1 loaf	$0.70 MKD37.29	$2.21 PAB2.21	+214.1%
Local cheese (8 oz)	$4.16 MKD220.27	$6.02 PAB6.02	+44.7%
Milk (1 gallon)	$4.90 MKD259.15	$6.86 PAB6.86	+40.1%
Eggs 1 dozen	$2.07 MKD109.48	$2.47 PAB2.47	+19.3%
Boneless chicken breast (1 lb)	$2.97 MKD157.05	$3.58 PAB3.58	+20.6%
Apples (1 lb)	$0.46 MKD24.17	$2.13 PAB2.13	+367.3%
Bananas (1 lb)	$0.65 MKD34.32	$0.60 PAB0.60	-7.7%
Oranges (1 lb)	$0.58 MKD30.73	$1.40 PAB1.40	+141.8%
Tomatoes (1 lb)	$0.78 MKD41.21	$1.51 PAB1.51	+93.3%
Potatoes (1 lb)	$0.42 MKD22.10	$0.96 PAB0.96	+129.6%
Onions (1 lb)	$0.47 MKD24.77	$0.99 PAB0.99	+111.7%
Average			+106.8%

Macedonia vs. Panama - Cost of groceries

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pay 45.8% more for transportation

	Macedonia	Panama
Gasoline (1 gallon)	$5.62 MKD297.49	$3.87 PAB3.87	-31.2%
Monthly public transit pass	$28.53 MKD1,509.87	$23.75 PAB23.75	-16.8%
New Volkswagen Golf 1.4 (standard edition)	$32,601.38 MKD1,725,383.39	$23,416.67 PAB23,416.67	-28.2%
Taxi trip in downtown area (5 miles)	$5.62 MKD297.42	$20.20 PAB20.20	+259.4%
Average			+45.8%

Macedonia vs. Panama - Cost of transportation

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pay 2.4 times more for housing

	Macedonia	Panama
Internet connection 50 mbps or faster, cable/dsl	$15.96 MKD844.74	$48.39 PAB48.39	+203.2%
1-Bedroom apartment in downtown area	$275.82 MKD14,597.16	$765.94 PAB765.94	+177.7%
1-Bedroom apartment outside city center	$206.61 MKD10,934.29	$630.77 PAB630.77	+205.3%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$105.17 MKD5,565.74	$89.09 PAB89.09	-15.3%
Average			+142.7%

Macedonia vs. Panama - Cost of housing

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pay 3.3 times more for childcare

	Macedonia	Panama
Private preschool for 1 child, monthly	$236.18 MKD12,499.47	$363.00 PAB363.00	+53.7%
Middle school for 1 child, two semesters	$1,837.42 MKD97,242.84	$9,411.11 PAB9,411.11	+412.2%
Average			+232.9%

Macedonia vs. Panama - Cost of childcare

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pay 48.2% more for entertainment and sports

	Macedonia	Panama
Domestic/local beer (1 pint)	$2.14 MKD113.09	$1.95 PAB1.95	-8.7%
Cappuccino in mid-range area	$1.74 MKD92.19	$3.54 PAB3.54	+103.2%
Pack of cigarettes Marlboro or similar	$3.09 MKD163.73	$5.48 PAB5.48	+77.2%
Monthly membership at local gym	$33.20 MKD1,757.13	$51.47 PAB51.47	+55.0%
Movie ticket to theater/cinema	$5.21 MKD275.97	$5.97 PAB5.97	+14.4%
Average			+48.2%

Macedonia vs. Panama - Cost of entertainment and sports

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pay 6.7% less for clothing

	Macedonia	Panama
Regular jeans Levi's brand	$59.62 MKD3,155.06	$43.33 PAB43.33	-27.3%
Regular dress from H&M or similar store	$36.53 MKD1,933.12	$34.17 PAB34.17	-6.5%
Running shoes Nike or Adidas	$80.57 MKD4,264.17	$80.40 PAB80.40	-0.2%
Men's business shoes (leather)	$99.36 MKD5,258.42	$106.46 PAB106.46	+7.1%
Average			-6.7%

Macedonia 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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