Cost of living comparison

Panama

compared to

Senegal

Dakar vs. Panama City Cost of Living Summary

Dakar is 16.7% cheaper than Panama City.

Restaurants: pay 30.1% less in Dakar
Groceries: pay 32.3% less in Dakar
Transportation: pay 2.0 times more in Dakar
Housing: pay 32.7% less in Dakar
Childcare: pay 20.1% less in Dakar
Entertainment and Sports: pay 18.2% less in Dakar
Clothing: pay 10.6% less in Dakar

Expenses including housing, groceries, restaurants, childcare, entertainment and sports, and clothing are lower in Dakar. Notably, transportation is significantly more expensive in Dakar.

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Dakar vs. Panama City Cost Breakdown

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

Display currency: USD

pay 30.1% less for restaurants

	Panama City	Dakar
Basic meal with drink at inexpensive restaurant	$11.50 PAB11.50	$5.12 F CFA2,990	-55.5%
Fast food combo meal McDonalds, or similar	$8.00 PAB8.00	$11.10 F CFA6,478	+38.7%
Bottle of Coca-Cola (11 fl. oz)	$1.97 PAB1.97	$1.22 F CFA715	-37.9%
Bottle of water (11 fl. oz)	$1.60 PAB1.60	$0.87 F CFA511	-45.3%
Average			-30.1%

Panama City vs. Dakar - Cost of restaurants

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pay 32.3% less for groceries

	Panama City	Dakar
Bread 1 loaf	$2.52 PAB2.52	$0.73 F CFA424	-71.2%
Local cheese (8 oz)	$6.18 PAB6.18	$8.68 F CFA5,066	+40.3%
Milk (1 gallon)	$7.09 PAB7.09	$9.67 F CFA5,646	+36.5%
Eggs 1 dozen	$2.75 PAB2.75	$2.47 F CFA1,442	-10.1%
Boneless chicken breast (1 lb)	$3.07 PAB3.07	$4.08 F CFA2,385	+33.2%
Apples (1 lb)	$1.87 PAB1.87	$1.45 F CFA849	-22.2%
Bananas (1 lb)	$0.82 PAB0.82	$0.86 F CFA501	+4.1%
Oranges (1 lb)	$1.92 PAB1.92	$1.32 F CFA768	-31.4%
Tomatoes (1 lb)	$1.86 PAB1.86	$0.79 F CFA463	-57.2%
Potatoes (1 lb)	$1.55 PAB1.55	$0.62 F CFA362	-59.9%
Onions (1 lb)	$1.96 PAB1.96	$0.43 F CFA249	-78.2%
Average			-32.3%

Panama City vs. Dakar - Cost of groceries

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pay 2.0 times more for transportation

	Panama City	Dakar
Gasoline (1 gallon)	$4.62 PAB4.62	$6.27 F CFA3,659	+35.7%
Monthly public transit pass	$21.00 PAB21.00	$76.82 F CFA44,847	+265.8%
New Volkswagen Golf 1.4 (standard edition)	$21,262.00 PAB21,262.00	$50,357.24 F CFA29M	+136.8%
Taxi trip in downtown area (5 miles)	$16.98 PAB16.98	$19.20 F CFA11,212	+13.1%
Average			+101.8%

Panama City vs. Dakar - Cost of transportation

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pay 32.7% less for housing

	Panama City	Dakar
Internet connection 50 mbps or faster, cable/dsl	$48.70 PAB48.70	$46.36 F CFA27,068	-4.8%
1-Bedroom apartment in downtown area	$1,262.50 PAB1,262.50	$810.84 F CFA473K	-35.8%
1-Bedroom apartment outside city center	$874.18 PAB874.18	$431.19 F CFA252K	-50.7%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$100.29 PAB100.29	$155.27 F CFA90,649	+54.8%
Average			-32.7%

Panama City vs. Dakar - Cost of housing

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pay 20.1% less for childcare

	Panama City	Dakar
Private preschool for 1 child, monthly	$543.33 PAB543.33	$321.49 F CFA188K	-40.8%
Middle school for 1 child, two semesters	$9,641.50 PAB9,641.50	$10,398.32 F CFA6M	+7.8%
Average			-20.1%

Panama City vs. Dakar - Cost of childcare

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pay 18.2% less for entertainment and sports

	Panama City	Dakar
Domestic/local beer (1 pint)	$3.30 PAB3.30	$2.56 F CFA1,495	-22.4%
Cappuccino in mid-range area	$4.11 PAB4.11	$3.37 F CFA1,968	-18.0%
Pack of cigarettes Marlboro or similar	$6.00 PAB6.00	$2.13 F CFA1,246	-64.4%
Monthly membership at local gym	$46.40 PAB46.40	$44.81 F CFA26,161	-3.4%
Movie ticket to theater/cinema	$8.50 PAB8.50	$8.54 F CFA4,983	+0.4%
Average			-18.2%

Panama City vs. Dakar - Cost of entertainment and sports

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pay 10.6% less for clothing

	Panama City	Dakar
Regular jeans Levi's brand	$66.67 PAB66.67	$58.04 F CFA33,885	-12.9%
Regular dress from H&M or similar store	$48.43 PAB48.43	$45.52 F CFA26,576	-6.0%
Running shoes Nike or Adidas	$94.62 PAB94.62	$85.35 F CFA49,830	-9.8%
Men's business shoes (leather)	$111.67 PAB111.67	$96.73 F CFA56,474	-13.4%
Average			-10.6%

Panama City vs. Dakar - 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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