Cost of living comparison

compared to

Panama City vs. P'yongyang Cost of Living Summary

Panama City is 3.0 times more expensive than P'yongyang.

Restaurants
pay 6.5% less in Panama City
Groceries
pay 42.4% more in Panama City
Housing
pay 8.0 times more in Panama City
Entertainment and Sports
pay 65.2% more in Panama City

The cost of housing, entertainment and sports, and groceries in Panama City are more expensive than in P'yongyang. Notably, housing is significantly more expensive in Panama City.

Panama City vs. P'yongyang Cost Breakdown

If you lived in Panama City instead of P'yongyang, you would:

pay 6.5% less for restaurants

 
P'yongyang
Panama City
Basic meal with drink at inexpensive restaurant ?? $10.00
PAB10.00
Fast food combo meal
McDonalds, or similar
?? $8.00
PAB8.00
Bottle of Coca-Cola (11 fl. oz) $2.34
KPW2,102
$1.70
PAB1.70

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pay 42.4% more for groceries

 
P'yongyang
Panama City
Bread
1 loaf
$2.40
KPW2,161
$2.56
PAB2.56
Local cheese (8 oz) ?? $5.81
PAB5.81
Milk (1 gallon) $3.70
KPW3,332
$6.82
PAB6.82

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pay (unknown) more for transportation

 
P'yongyang
Panama City
Gasoline (1 gallon) ?? $3.44
PAB3.44
Monthly public transit pass ?? $22.50
PAB22.50
New Volkswagen Golf 1.4 (standard edition) ?? $19,750.00
PAB19,750.00

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pay 8.0 times more for housing

 
P'yongyang
Panama City
Internet connection
50 mbps or faster, cable/dsl
?? $49.20
PAB49.20
1-Bedroom apartment in downtown area $93.44
KPW84,095
$1,164.71
PAB1,164.71
1-Bedroom apartment outside city center $262.80
KPW236,518
$953.85
PAB953.85

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pay (unknown) more for childcare

 
P'yongyang
Panama City
Private preschool for 1 child, monthly ?? $476.00
PAB476.00
Middle school for 1 child, two semesters ?? $15,733.33
PAB15,733.33

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pay 65.2% more for entertainment and sports

 
P'yongyang
Panama City
Domestic/local beer (1 pint) $14.02
KPW12,614
$3.00
PAB3.00
Cappuccino in mid-range area $1.17
KPW1,051
$3.61
PAB3.61
Pack of cigarettes
Marlboro or similar
?? $5.92
PAB5.92

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pay (unknown) more for clothing

 
P'yongyang
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

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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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