Cost of living comparison

compared to

Panama City vs. Muscat Cost of Living Summary

Panama City is 51.2% more expensive than Muscat.

Restaurants: pay 2.2 times more in Panama City
Groceries: pay 76.9% more in Panama City
Transportation: pay 39.8% more in Panama City
Housing: pay 54.0% more in Panama City
Childcare: pay 91.5% more in Panama City
Entertainment and Sports: pay 29.6% less in Panama City
Clothing: pay 10.7% more in Panama City

The cost of restaurants, childcare, groceries, housing, transportation, and clothing in Panama City are more expensive than in Muscat. Notably, restaurants, childcare, and groceries are significantly more expensive in Panama City.

Panama City vs. Muscat Cost Breakdown

If you lived in Panama City instead of Muscat, you would:

Display currency: USD

pay 2.2 times more for restaurants

	Muscat	Panama City
Basic meal with drink at inexpensive restaurant	$5.20 OMR2.000	$10.00 PAB10.00	+92.2%
Fast food combo meal McDonalds, or similar	$7.80 OMR2.990	$8.00 PAB8.00	+2.5%
Bottle of Coca-Cola (11 fl. oz)	$1.15 OMR0.440	$1.70 PAB1.70	+48.2%
Bottle of water (11 fl. oz)	$0.32 OMR0.120	$1.33 PAB1.33	+318.2%
Average			+115.3%

Muscat vs. Panama City - Cost of restaurants

Improve prices · Change currency (USD)

pay 76.9% more for groceries

	Muscat	Panama City
Bread 1 loaf	$1.24 OMR0.480	$2.56 PAB2.56	+106.2%
Local cheese (8 oz)	$1.93 OMR0.740	$5.81 PAB5.81	+201.7%
Milk (1 gallon)	$7.45 OMR2.860	$6.82 PAB6.82	-8.4%
Eggs 1 dozen	$2.60 OMR1.000	$2.84 PAB2.84	+9.5%
Boneless chicken breast (1 lb)	$2.65 OMR1.020	$3.29 PAB3.29	+24.5%
Apples (1 lb)	$1.26 OMR0.480	$1.65 PAB1.65	+30.5%
Bananas (1 lb)	$0.79 OMR0.300	$0.70 PAB0.70	-11.2%
Oranges (1 lb)	$0.91 OMR0.350	$1.40 PAB1.40	+53.5%
Tomatoes (1 lb)	$0.54 OMR0.210	$1.46 PAB1.46	+169.6%
Potatoes (1 lb)	$0.47 OMR0.180	$1.00 PAB1.00	+112.8%
Onions (1 lb)	$0.53 OMR0.200	$1.37 PAB1.37	+157.3%
Average			+76.9%

Muscat vs. Panama City - Cost of groceries

Improve prices · Change currency (USD)

pay 39.8% more for transportation

	Muscat	Panama City
Gasoline (1 gallon)	$2.34 OMR0.900	$3.44 PAB3.44	+46.9%
Monthly public transit pass	$65.02 OMR24.950	$22.50 PAB22.50	-65.4%
New Volkswagen Golf 1.4 (standard edition)	$22,757.06 OMR8,733.910	$19,750.00 PAB19,750.00	-13.2%
Taxi trip in downtown area (5 miles)	$9.10 OMR3.490	$26.50 PAB26.50	+191.1%
Average			+39.8%

Muscat vs. Panama City - Cost of transportation

Improve prices · Change currency (USD)

pay 54.0% more for housing

	Muscat	Panama City
Internet connection 50 mbps or faster, cable/dsl	$68.79 OMR26.400	$49.20 PAB49.20	-28.5%
1-Bedroom apartment in downtown area	$612.96 OMR235.250	$1,164.71 PAB1,164.71	+90.0%
1-Bedroom apartment outside city center	$395.21 OMR151.680	$953.85 PAB953.85	+141.4%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$84.88 OMR32.580	$95.90 PAB95.90	+13.0%
Average			+54.0%

Muscat vs. Panama City - Cost of housing

Improve prices · Change currency (USD)

pay 91.5% more for childcare

	Muscat	Panama City
Private preschool for 1 child, monthly	$198.66 OMR76.240	$476.00 PAB476.00	+139.6%
Middle school for 1 child, two semesters	$10,973.98 OMR4,211.690	$15,733.33 PAB15,733.33	+43.4%
Average			+91.5%

Muscat vs. Panama City - Cost of childcare

Improve prices · Change currency (USD)

pay 29.6% less for entertainment and sports

	Muscat	Panama City
Domestic/local beer (1 pint)	$13.00 OMR4.990	$3.00 PAB3.00	-76.9%
Cappuccino in mid-range area	$4.77 OMR1.830	$3.61 PAB3.61	-24.4%
Pack of cigarettes Marlboro or similar	$6.50 OMR2.500	$5.92 PAB5.92	-8.9%
Monthly membership at local gym	$51.56 OMR19.790	$43.86 PAB43.86	-14.9%
Movie ticket to theater/cinema	$10.40 OMR3.990	$8.00 PAB8.00	-23.1%
Average			-29.6%

Muscat vs. Panama City - Cost of entertainment and sports

Improve prices · Change currency (USD)

pay 10.7% more for clothing

	Muscat	Panama City
Regular jeans Levi's brand	$59.30 OMR22.760	$50.00 PAB50.00	-15.7%
Regular dress from H&M or similar store	$41.90 OMR16.080	$47.50 PAB47.50	+13.4%
Running shoes Nike or Adidas	$82.36 OMR31.610	$89.55 PAB89.55	+8.7%
Men's business shoes (leather)	$93.05 OMR35.710	$126.88 PAB126.88	+36.3%
Average			+10.7%

Muscat vs. Panama City - Cost of clothing

Improve prices · Change currency (USD)

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

More cost comparisons

Muscat vs.

Phnom Penh

Muscat vs.

Hong Kong

Muscat vs.

Cairo

Muscat vs.

Berlin

Muscat vs.

Bangkok

Muscat vs.

Athens

Muscat vs.

Ottawa

Muscat vs.

Reykjavik

Share this

Compare countries by overall cost of living

See the cost of living in Oman vs. Panama. This provides a comparison of the average cost of living from cities within Oman and Panama.

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

Add prices for Muscat

Add prices for Panama City

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Panama City or Muscat. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.