Cost of living comparison

compared to

Panama City vs. Nuuk Cost of Living Summary

Panama City is 35.6% cheaper than Nuuk.

Restaurants: pay 47.4% less in Panama City
Groceries: pay 36.3% less in Panama City
Transportation: pay 32.1% less in Panama City
Housing: pay 29.4% less in Panama City
Childcare: pay 20.3% less in Panama City
Entertainment and Sports: pay 48.4% less in Panama City

Expenses including entertainment and sports, restaurants, groceries, transportation, housing, and childcare are lower in Panama City.

Panama City vs. Nuuk Cost Breakdown

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

Display currency: USD

pay 47.4% less for restaurants

	Nuuk	Panama City
Basic meal with drink at inexpensive restaurant	$15.72 DKK101.24	$10.00 PAB10.00	-36.4%
Fast food combo meal McDonalds, or similar	$15.72 DKK101.24	$8.00 PAB8.00	-49.1%
Bottle of Coca-Cola (11 fl. oz)	$2.93 DKK18.90	$1.70 PAB1.70	-42.1%
Bottle of water (11 fl. oz)	$3.50 DKK22.54	$1.33 PAB1.33	-61.9%
Average			-47.4%

Nuuk vs. Panama City - Cost of restaurants

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pay 36.3% less for groceries

	Nuuk	Panama City
Bread 1 loaf	$3.83 DKK24.64	$2.56 PAB2.56	-33.1%
Local cheese (8 oz)	$18.87 DKK121.49	$5.81 PAB5.81	-69.2%
Milk (1 gallon)	$10.90 DKK70.17	$6.82 PAB6.82	-37.4%
Eggs 1 dozen	$4.83 DKK31.12	$2.84 PAB2.84	-41.1%
Boneless chicken breast (1 lb)	$11.27 DKK72.56	$3.29 PAB3.29	-70.8%
Apples (1 lb)	$1.78 DKK11.48	$1.65 PAB1.65	-7.6%
Bananas (1 lb)	$2.14 DKK13.78	$0.70 PAB0.70	-67.1%
Oranges (1 lb)	$1.43 DKK9.18	$1.40 PAB1.40	-2.0%
Tomatoes (1 lb)	$1.78 DKK11.48	$1.46 PAB1.46	-18.0%
Potatoes (1 lb)	$1.60 DKK10.33	$1.00 PAB1.00	-37.9%
Onions (1 lb)	$1.60 DKK10.33	$1.37 PAB1.37	-14.9%
Average			-36.3%

Nuuk vs. Panama City - Cost of groceries

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pay 32.1% less for transportation

	Nuuk	Panama City
Gasoline (1 gallon)	$4.05 DKK26.06	$3.44 PAB3.44	-15.0%
Monthly public transit pass	$89.14 DKK574.04	$22.50 PAB22.50	-74.8%
New Volkswagen Golf 1.4 (standard edition)	??	$19,750.00 PAB19,750.00
Taxi trip in downtown area (5 miles)	$28.38 DKK182.74	$26.50 PAB26.50	-6.6%
Average			-32.1%

Nuuk vs. Panama City - Cost of transportation

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pay 29.4% less for housing

	Nuuk	Panama City
Internet connection 50 mbps or faster, cable/dsl	$157.21 DKK1,012.42	$49.20 PAB49.20	-68.7%
1-Bedroom apartment in downtown area	$1,205.27 DKK7,761.91	$1,164.71 PAB1,164.71	-3.4%
1-Bedroom apartment outside city center	$943.25 DKK6,074.54	$953.85 PAB953.85	+1.1%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$180.33 DKK1,161.31	$95.90 PAB95.90	-46.8%
Average			-29.4%

Nuuk vs. Panama City - Cost of housing

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pay 20.3% less for childcare

	Nuuk	Panama City
Private preschool for 1 child, monthly	$597.39 DKK3,847.21	$476.00 PAB476.00	-20.3%
Middle school for 1 child, two semesters	??	$15,733.33 PAB15,733.33
Average			-20.3%

Nuuk vs. Panama City - Cost of childcare

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pay 48.4% less for entertainment and sports

	Nuuk	Panama City
Domestic/local beer (1 pint)	$10.22 DKK65.81	$3.00 PAB3.00	-70.6%
Cappuccino in mid-range area	$6.81 DKK43.87	$3.61 PAB3.61	-47.0%
Pack of cigarettes Marlboro or similar	$10.39 DKK66.94	$5.92 PAB5.92	-43.0%
Monthly membership at local gym	$57.59 DKK370.88	$43.86 PAB43.86	-23.8%
Movie ticket to theater/cinema	$18.87 DKK121.49	$8.00 PAB8.00	-57.6%
Average			-48.4%

Nuuk vs. Panama City - Cost of entertainment and sports

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pay (unknown) more for clothing

	Nuuk	Panama City
Regular jeans Levi's brand	??	$50.00 PAB50.00
Regular dress from H&M or similar store	??	$47.50 PAB47.50
Running shoes Nike or Adidas	??	$89.55 PAB89.55
Men's business shoes (leather)	??	$126.88 PAB126.88

Nuuk vs. Panama City - 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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