Cost of living comparison

Marshall Islands

compared to

Panama

Panama vs. Marshall Islands Cost of Living Summary

Panama is 21.0% cheaper than Marshall Islands overall.

Restaurants: pay 19.5% less in Panama
Groceries: pay 51.6% less in Panama
Transportation: pay 23.1% less in Panama
Housing: pay 22.9% less in Panama
Childcare: pay 3.1 times more in Panama
Entertainment and Sports: pay 13.5% less in Panama
Clothing: pay 25.2% more in Panama

The cost of childcare and clothing in Panama are more expensive than in Marshall Islands. Expenses including groceries, transportation, housing, restaurants, and entertainment and sports are lower in Panama. Notably, childcare is significantly more expensive in Panama.

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Panama vs. Marshall Islands Cost Breakdown

If you lived in Panama instead of Marshall Islands, you would:

Display currency: USD

pay 19.5% less for restaurants

	Marshall Islands	Panama
Basic meal with drink at inexpensive restaurant	$10.00	$8.20 PAB8.20	-18.0%
Fast food combo meal McDonalds, or similar	$10.50	$8.90 PAB8.90	-15.2%
Bottle of Coca-Cola (11 fl. oz)	$1.83	$1.41 PAB1.41	-23.2%
Bottle of water (11 fl. oz)	$2.00	$1.30 PAB1.30	-34.8%
Average			-19.5%

Marshall Islands vs. Panama - Cost of restaurants

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pay 51.6% less for groceries

	Marshall Islands	Panama
Bread 1 loaf	$3.40	$2.28 PAB2.28	-32.8%
Local cheese (8 oz)	$15.39	$6.18 PAB6.18	-59.8%
Milk (1 gallon)	$8.52	$7.09 PAB7.09	-16.8%
Eggs 1 dozen	$5.19	$2.56 PAB2.56	-50.7%
Boneless chicken breast (1 lb)	$4.99	$3.42 PAB3.42	-31.4%
Apples (1 lb)	$1.99	$1.86 PAB1.86	-6.7%
Bananas (1 lb)	$3.29	$0.59 PAB0.59	-82.0%
Oranges (1 lb)	$3.95	$1.76 PAB1.76	-55.5%
Tomatoes (1 lb)	$5.79	$1.67 PAB1.67	-71.1%
Potatoes (1 lb)	$2.39	$1.09 PAB1.09	-54.3%
Onions (1 lb)	$2.49	$1.14 PAB1.14	-54.2%
Average			-51.6%

Marshall Islands vs. Panama - Cost of groceries

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pay 23.1% less for transportation

	Marshall Islands	Panama
Gasoline (1 gallon)	$6.81	$4.34 PAB4.34	-36.3%
Monthly public transit pass	??	$23.00 PAB23.00
New Volkswagen Golf 1.4 (standard edition)	$25,000.00	$23,920.67 PAB23,920.67	-4.3%
Taxi trip in downtown area (5 miles)	??	$16.62 PAB16.62
Average			-23.1%

Marshall Islands vs. Panama - Cost of transportation

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pay 22.9% less for housing

	Marshall Islands	Panama
Internet connection 50 mbps or faster, cable/dsl	$80.00	$49.81 PAB49.81	-37.7%
1-Bedroom apartment in downtown area	$775.00	$789.50 PAB789.50	+1.9%
1-Bedroom apartment outside city center	$875.00	$614.84 PAB614.84	-29.7%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$191.13	$96.53 PAB96.53	-49.5%
Average			-22.9%

Marshall Islands vs. Panama - Cost of housing

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pay 3.1 times more for childcare

	Marshall Islands	Panama
Private preschool for 1 child, monthly	$150.00	$543.33 PAB543.33	+262.2%
Middle school for 1 child, two semesters	$2,640.00	$7,213.83 PAB7,213.83	+173.3%
Average			+214.6%

Marshall Islands vs. Panama - Cost of childcare

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pay 13.5% less for entertainment and sports

	Marshall Islands	Panama
Domestic/local beer (1 pint)	$4.50	$2.21 PAB2.21	-50.9%
Cappuccino in mid-range area	$4.33	$3.73 PAB3.73	-14.0%
Pack of cigarettes Marlboro or similar	$6.00	$5.29 PAB5.29	-11.8%
Monthly membership at local gym	$37.50	$50.91 PAB50.91	+35.8%
Movie ticket to theater/cinema	??	$6.13 PAB6.13
Average			-13.5%

Marshall Islands vs. Panama - Cost of entertainment and sports

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pay 25.2% more for clothing

	Marshall Islands	Panama
Regular jeans Levi's brand	$70.00	$45.56 PAB45.56	-34.9%
Regular dress from H&M or similar store	$40.00	$36.71 PAB36.71	-8.2%
Running shoes Nike or Adidas	$30.00	$69.81 PAB69.81	+132.7%
Men's business shoes (leather)	$50.00	$88.33 PAB88.33	+76.7%
Average			+25.2%

Marshall Islands 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: Marshall Islands vs. Panama

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Quality of Life Comparison · 14 statistics

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Size Comparison · See true size

Marshall Islands is about 417 times smaller than Panama.

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