Cost of living comparison

compared to

Dakar vs. Panama City Cost of Living Summary

Dakar is 1.4% more expensive than Panama City.

Restaurants: pay 21.5% less in Dakar
Groceries: pay 11.6% less in Dakar
Transportation: pay 2.0 times more in Dakar
Housing: pay 14.4% less in Dakar
Childcare: pay 48.7% less in Dakar
Entertainment and Sports: pay 6.1% less in Dakar
Clothing: pay 7.9% more in Dakar

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

Dakar vs. Panama City Cost Breakdown

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

Display currency: USD

pay 21.5% less for restaurants

	Panama City	Dakar
Basic meal with drink at inexpensive restaurant	$10.00 PAB10.00	$4.92 F CFA2,771	-50.8%
Fast food combo meal McDonalds, or similar	$8.00 PAB8.00	$10.46 F CFA5,895	+30.8%
Bottle of Coca-Cola (11 fl. oz)	$1.70 PAB1.70	$0.89 F CFA504	-47.3%
Bottle of water (11 fl. oz)	$1.33 PAB1.33	$1.09 F CFA612	-18.6%
Average			-21.5%

Panama City vs. Dakar - Cost of restaurants

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pay 11.6% less for groceries

	Panama City	Dakar
Bread 1 loaf	$2.56 PAB2.56	$0.64 F CFA360	-75.0%
Local cheese (8 oz)	$5.81 PAB5.81	$6.44 F CFA3,628	+10.8%
Milk (1 gallon)	$6.82 PAB6.82	$9.55 F CFA5,378	+40.0%
Eggs 1 dozen	$2.84 PAB2.84	$2.81 F CFA1,582	-1.3%
Boneless chicken breast (1 lb)	$3.29 PAB3.29	$4.40 F CFA2,477	+33.5%
Apples (1 lb)	$1.65 PAB1.65	$1.27 F CFA716	-22.8%
Bananas (1 lb)	$0.70 PAB0.70	$0.85 F CFA480	+21.0%
Oranges (1 lb)	$1.40 PAB1.40	$1.21 F CFA683	-13.3%
Tomatoes (1 lb)	$1.46 PAB1.46	$0.98 F CFA552	-33.0%
Potatoes (1 lb)	$1.00 PAB1.00	$0.69 F CFA391	-30.3%
Onions (1 lb)	$1.37 PAB1.37	$0.59 F CFA330	-57.1%
Average			-11.6%

Panama City vs. Dakar - Cost of groceries

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pay 2.0 times more for transportation

	Panama City	Dakar
Gasoline (1 gallon)	$3.44 PAB3.44	$6.70 F CFA3,776	+94.8%
Monthly public transit pass	$22.50 PAB22.50	$80.49 F CFA45,345	+257.7%
New Volkswagen Golf 1.4 (standard edition)	$19,750.00 PAB19,750.00	$37,116.17 F CFA20,909,149	+87.9%
Taxi trip in downtown area (5 miles)	$26.50 PAB26.50	$20.12 F CFA11,336	-24.1%
Average			+104.1%

Panama City vs. Dakar - Cost of transportation

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pay 14.4% less for housing

	Panama City	Dakar
Internet connection 50 mbps or faster, cable/dsl	$49.20 PAB49.20	$48.58 F CFA27,368	-1.3%
1-Bedroom apartment in downtown area	$1,164.71 PAB1,164.71	$940.87 F CFA530,034	-19.2%
1-Bedroom apartment outside city center	$953.85 PAB953.85	$364.90 F CFA205,565	-61.7%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$95.90 PAB95.90	$119.46 F CFA67,297	+24.6%
Average			-14.4%

Panama City vs. Dakar - Cost of housing

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pay 48.7% less for childcare

	Panama City	Dakar
Private preschool for 1 child, monthly	$476.00 PAB476.00	$268.31 F CFA151,150	-43.6%
Middle school for 1 child, two semesters	$15,733.33 PAB15,733.33	$7,289.08 F CFA4,106,255	-53.7%
Average			-48.7%

Panama City vs. Dakar - Cost of childcare

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pay 6.1% less for entertainment and sports

	Panama City	Dakar
Domestic/local beer (1 pint)	$3.00 PAB3.00	$2.68 F CFA1,512	-10.6%
Cappuccino in mid-range area	$3.61 PAB3.61	$4.47 F CFA2,520	+23.9%
Pack of cigarettes Marlboro or similar	$5.92 PAB5.92	$1.79 F CFA1,008	-69.8%
Monthly membership at local gym	$43.86 PAB43.86	$50.08 F CFA28,215	+14.2%
Movie ticket to theater/cinema	$8.00 PAB8.00	$8.94 F CFA5,038	+11.8%
Average			-6.1%

Panama City vs. Dakar - Cost of entertainment and sports

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pay 7.9% more for clothing

	Panama City	Dakar
Regular jeans Levi's brand	$50.00 PAB50.00	$52.32 F CFA29,474	+4.6%
Regular dress from H&M or similar store	$47.50 PAB47.50	$47.70 F CFA26,871	+0.4%
Running shoes Nike or Adidas	$89.55 PAB89.55	$110.31 F CFA62,140	+23.2%
Men's business shoes (leather)	$126.88 PAB126.88	$131.17 F CFA73,896	+3.4%
Average			+7.9%

Panama City vs. Dakar - 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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