Cost of living comparison

Oman

compared to

Panama

Panama vs. Oman Cost of Living Summary

Panama is 22.0% more expensive than Oman overall.

Restaurants: pay 36.7% more in Panama
Groceries: pay 24.4% more in Panama
Transportation: pay 3.0% more in Panama
Housing: pay 49.2% more in Panama
Childcare: pay 45.8% more in Panama
Entertainment and Sports: pay 41.9% less in Panama
Clothing: pay 6.1% more in Panama

The cost of housing, childcare, restaurants, groceries, clothing, and transportation in Panama are more expensive than in Oman.

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Panama vs. Oman Cost Breakdown

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

Display currency: USD

pay 36.7% more for restaurants

	Oman	Panama
Basic meal with drink at inexpensive restaurant	$6.18 OMR2.360	$8.20 PAB8.20	+32.7%
Fast food combo meal McDonalds, or similar	$9.43 OMR3.610	$8.90 PAB8.90	-5.6%
Bottle of Coca-Cola (11 fl. oz)	$0.87 OMR0.330	$1.41 PAB1.41	+62.7%
Bottle of water (11 fl. oz)	$0.27 OMR0.100	$1.30 PAB1.30	+379.8%
Average			+36.7%

Oman vs. Panama - Cost of restaurants

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pay 24.4% more for groceries

	Oman	Panama
Bread 1 loaf	$1.21 OMR0.460	$2.28 PAB2.28	+88.6%
Local cheese (8 oz)	$4.82 OMR1.840	$6.18 PAB6.18	+28.4%
Milk (1 gallon)	$9.05 OMR3.460	$7.09 PAB7.09	-21.7%
Eggs 1 dozen	$3.07 OMR1.180	$2.56 PAB2.56	-16.8%
Boneless chicken breast (1 lb)	$3.24 OMR1.240	$3.42 PAB3.42	+5.6%
Apples (1 lb)	$1.45 OMR0.550	$1.86 PAB1.86	+28.5%
Bananas (1 lb)	$0.97 OMR0.370	$0.59 PAB0.59	-38.9%
Oranges (1 lb)	$1.23 OMR0.470	$1.76 PAB1.76	+42.7%
Tomatoes (1 lb)	$0.78 OMR0.300	$1.67 PAB1.67	+113.4%
Potatoes (1 lb)	$0.65 OMR0.250	$1.09 PAB1.09	+67.4%
Onions (1 lb)	$0.69 OMR0.260	$1.14 PAB1.14	+65.9%
Average			+24.4%

Oman vs. Panama - Cost of groceries

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pay 3.0% more for transportation

	Oman	Panama
Gasoline (1 gallon)	$2.34 OMR0.890	$4.34 PAB4.34	+85.5%
Monthly public transit pass	$55.92 OMR21.380	$23.00 PAB23.00	-58.9%
New Volkswagen Golf 1.4 (standard edition)	$21,976.63 OMR8,404.150	$23,920.67 PAB23,920.67	+8.8%
Taxi trip in downtown area (5 miles)	$15.03 OMR5.750	$16.62 PAB16.62	+10.6%
Average			+3.0%

Oman vs. Panama - Cost of transportation

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pay 49.2% more for housing

	Oman	Panama
Internet connection 50 mbps or faster, cable/dsl	$78.05 OMR29.850	$49.81 PAB49.81	-36.2%
1-Bedroom apartment in downtown area	$485.58 OMR185.690	$789.50 PAB789.50	+62.6%
1-Bedroom apartment outside city center	$358.74 OMR137.190	$614.84 PAB614.84	+71.4%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$88.60 OMR33.880	$96.53 PAB96.53	+9.0%
Average			+49.2%

Oman vs. Panama - Cost of housing

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pay 45.8% more for childcare

	Oman	Panama
Private preschool for 1 child, monthly	$270.15 OMR103.310	$543.33 PAB543.33	+101.1%
Middle school for 1 child, two semesters	$6,828.04 OMR2,611.130	$7,213.83 PAB7,213.83	+5.7%
Average			+45.8%

Oman vs. Panama - Cost of childcare

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pay 41.9% less for entertainment and sports

	Oman	Panama
Domestic/local beer (1 pint)	$11.38 OMR4.350	$2.21 PAB2.21	-80.6%
Cappuccino in mid-range area	$5.34 OMR2.040	$3.73 PAB3.73	-30.2%
Pack of cigarettes Marlboro or similar	$6.18 OMR2.360	$5.29 PAB5.29	-14.3%
Monthly membership at local gym	$57.14 OMR21.850	$50.91 PAB50.91	-10.9%
Movie ticket to theater/cinema	$9.10 OMR3.480	$6.13 PAB6.13	-32.6%
Average			-41.9%

Oman vs. Panama - Cost of entertainment and sports

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pay 6.1% more for clothing

	Oman	Panama
Regular jeans Levi's brand	$45.42 OMR17.370	$45.56 PAB45.56	+0.3%
Regular dress from H&M or similar store	$39.55 OMR15.130	$36.71 PAB36.71	-7.2%
Running shoes Nike or Adidas	$75.67 OMR28.940	$69.81 PAB69.81	-7.7%
Men's business shoes (leather)	$59.96 OMR22.930	$88.33 PAB88.33	+47.3%
Average			+6.1%

Oman 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: Oman vs. Panama

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Quality of Life Comparison · 20 statistics

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Size Comparison · See true size

Oman is about 4.1 times bigger than Panama.

Moving from Oman to Panama · Cost, visas & climate

Compare cost of living, salary and climate.

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