Cost of living comparison

Panama

compared to

Turkmenistan

Ashgabat vs. Panama City Cost of Living Summary

Ashgabat is 27.9% more expensive than Panama City.

Restaurants: pay 70.5% more in Ashgabat
Groceries: pay 48.6% more in Ashgabat
Transportation: pay 32.3% less in Ashgabat
Housing: pay 43.0% more in Ashgabat
Childcare: pay 67.1% less in Ashgabat
Entertainment and Sports: pay 2.0 times more in Ashgabat
Clothing: pay 90.3% more in Ashgabat

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

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Ashgabat vs. Panama City Cost Breakdown

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

Display currency: USD

pay 70.5% more for restaurants

	Panama City	Ashgabat
Basic meal with drink at inexpensive restaurant	$11.50 PAB11.50	$31.43 TMT110.31	+173.3%
Fast food combo meal McDonalds, or similar	$8.00 PAB8.00	$12.86 TMT45.13	+60.7%
Bottle of Coca-Cola (11 fl. oz)	$1.97 PAB1.97	$1.57 TMT5.52	-20.3%
Bottle of water (11 fl. oz)	$1.60 PAB1.60	$0.86 TMT3.01	-46.4%
Average			+70.5%

Panama City vs. Ashgabat - Cost of restaurants

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pay 48.6% more for groceries

	Panama City	Ashgabat
Bread 1 loaf	$2.52 PAB2.52	$2.04 TMT7.15	-19.1%
Local cheese (8 oz)	$6.18 PAB6.18	$18.82 TMT66.06	+204.3%
Milk (1 gallon)	$7.09 PAB7.09	$17.09 TMT59.98	+141.1%
Eggs 1 dozen	$2.75 PAB2.75	$6.00 TMT21.06	+118.4%
Boneless chicken breast (1 lb)	$3.07 PAB3.07	$9.07 TMT31.84	+195.7%
Apples (1 lb)	$1.87 PAB1.87	$2.30 TMT8.07	+23.0%
Bananas (1 lb)	$0.82 PAB0.82	$3.84 TMT13.49	+366.3%
Oranges (1 lb)	$1.92 PAB1.92	$3.40 TMT11.94	+77.3%
Tomatoes (1 lb)	$1.86 PAB1.86	$1.67 TMT5.87	-9.9%
Potatoes (1 lb)	$1.55 PAB1.55	$1.04 TMT3.64	-32.9%
Onions (1 lb)	$1.96 PAB1.96	$0.65 TMT2.27	-66.9%
Average			+48.6%

Panama City vs. Ashgabat - Cost of groceries

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pay 32.3% less for transportation

	Panama City	Ashgabat
Gasoline (1 gallon)	$4.62 PAB4.62	$1.62 TMT5.69	-64.9%
Monthly public transit pass	$21.00 PAB21.00	$10.00 TMT35.10	-52.4%
New Volkswagen Golf 1.4 (standard edition)	$21,262.00 PAB21,262.00	$43,928.57 TMT154K	+106.6%
Taxi trip in downtown area (5 miles)	$16.98 PAB16.98	$9.71 TMT34.10	-42.8%
Average			-32.3%

Panama City vs. Ashgabat - Cost of transportation

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pay 43.0% more for housing

	Panama City	Ashgabat
Internet connection 50 mbps or faster, cable/dsl	$48.70 PAB48.70	$102.86 TMT361.03	+111.2%
1-Bedroom apartment in downtown area	$1,262.50 PAB1,262.50	$1,414.29 TMT4,964.14	+12.0%
1-Bedroom apartment outside city center	$874.18 PAB874.18	$1,000.00 TMT3,510.00	+14.4%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$100.29 PAB100.29	$436.97 TMT1,533.78	+335.7%
Average			+43.0%

Panama City vs. Ashgabat - Cost of housing

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pay 67.1% less for childcare

	Panama City	Ashgabat
Private preschool for 1 child, monthly	$543.33 PAB543.33	$22.86 TMT80.23	-95.8%
Middle school for 1 child, two semesters	$9,641.50 PAB9,641.50	$24,807.14 TMT87,073.07	+157.3%
Average			-67.1%

Panama City vs. Ashgabat - Cost of childcare

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pay 2.0 times more for entertainment and sports

	Panama City	Ashgabat
Domestic/local beer (1 pint)	$3.30 PAB3.30	$5.71 TMT20.06	+73.2%
Cappuccino in mid-range area	$4.11 PAB4.11	$6.79 TMT23.82	+65.1%
Pack of cigarettes Marlboro or similar	$6.00 PAB6.00	$25.71 TMT90.26	+328.6%
Monthly membership at local gym	$46.40 PAB46.40	$195.24 TMT685.29	+320.7%
Movie ticket to theater/cinema	$8.50 PAB8.50	$8.57 TMT30.09	+0.8%
Average			+104.8%

Panama City vs. Ashgabat - Cost of entertainment and sports

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pay 90.3% more for clothing

	Panama City	Ashgabat
Regular jeans Levi's brand	$66.67 PAB66.67	$55.71 TMT195.56	-16.4%
Regular dress from H&M or similar store	$48.43 PAB48.43	$114.29 TMT401.14	+136.0%
Running shoes Nike or Adidas	$94.62 PAB94.62	$364.29 TMT1,278.64	+285.0%
Men's business shoes (leather)	$111.67 PAB111.67	$192.86 TMT676.93	+72.7%
Average			+90.3%

Panama City vs. Ashgabat - 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

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