Cost of living comparison

Panama

compared to

Estonia

Estonia vs. Panama Cost of Living Summary

Estonia is 4.2% cheaper than Panama overall.

Restaurants: pay 53.5% more in Estonia
Groceries: pay 33.5% less in Estonia
Transportation: pay 26.3% more in Estonia
Housing: pay 22.6% less in Estonia
Childcare: pay 7.2% less in Estonia
Entertainment and Sports: pay 36.1% more in Estonia
Clothing: pay 51.4% more in Estonia

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

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Estonia vs. Panama Cost Breakdown

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

Display currency: USD

pay 53.5% more for restaurants

	Panama	Estonia
Basic meal with drink at inexpensive restaurant	$8.20 PAB8.20	$14.56 €12.96	+77.5%
Fast food combo meal McDonalds, or similar	$8.90 PAB8.90	$10.34 €9.20	+16.1%
Bottle of Coca-Cola (11 fl. oz)	$1.41 PAB1.41	$2.57 €2.29	+82.6%
Bottle of water (11 fl. oz)	$1.30 PAB1.30	$2.32 €2.06	+77.6%
Average			+53.5%

Panama vs. Estonia - Cost of restaurants

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pay 33.5% less for groceries

	Panama	Estonia
Bread 1 loaf	$2.28 PAB2.28	$1.41 €1.25	-38.5%
Local cheese (8 oz)	$6.18 PAB6.18	$5.39 €4.80	-12.9%
Milk (1 gallon)	$7.09 PAB7.09	$4.14 €3.69	-41.5%
Eggs 1 dozen	$2.56 PAB2.56	$2.81 €2.50	+9.7%
Boneless chicken breast (1 lb)	$3.42 PAB3.42	$3.93 €3.50	+14.8%
Apples (1 lb)	$1.86 PAB1.86	$0.91 €0.81	-50.8%
Bananas (1 lb)	$0.59 PAB0.59	$0.65 €0.58	+10.2%
Oranges (1 lb)	$1.76 PAB1.76	$1.08 €0.96	-38.5%
Tomatoes (1 lb)	$1.67 PAB1.67	$1.24 €1.10	-25.8%
Potatoes (1 lb)	$1.09 PAB1.09	$0.37 €0.33	-66.1%
Onions (1 lb)	$1.14 PAB1.14	$0.39 €0.35	-65.9%
Average			-33.5%

Panama vs. Estonia - Cost of groceries

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pay 26.3% more for transportation

	Panama	Estonia
Gasoline (1 gallon)	$4.34 PAB4.34	$7.27 €6.47	+67.4%
Monthly public transit pass	$23.00 PAB23.00	$26.37 €23.47	+14.7%
New Volkswagen Golf 1.4 (standard edition)	$23,920.67 PAB23,920.67	$27,988.91 €24,911.14	+17.0%
Taxi trip in downtown area (5 miles)	$16.62 PAB16.62	$12.52 €11.14	-24.7%
Average			+26.3%

Panama vs. Estonia - Cost of transportation

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pay 22.6% less for housing

	Panama	Estonia
Internet connection 50 mbps or faster, cable/dsl	$49.81 PAB49.81	$31.76 €28.27	-36.2%
1-Bedroom apartment in downtown area	$789.50 PAB789.50	$512.18 €455.86	-35.1%
1-Bedroom apartment outside city center	$614.84 PAB614.84	$387.48 €344.88	-37.0%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$96.53 PAB96.53	$221.29 €196.96	+129.2%
Average			-22.6%

Panama vs. Estonia - Cost of housing

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pay 7.2% less for childcare

	Panama	Estonia
Private preschool for 1 child, monthly	$543.33 PAB543.33	$324.72 €289.02	-40.2%
Middle school for 1 child, two semesters	$7,213.83 PAB7,213.83	$10,400.01 €9,256.38	+44.2%
Average			-7.2%

Panama vs. Estonia - Cost of childcare

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pay 36.1% more for entertainment and sports

	Panama	Estonia
Domestic/local beer (1 pint)	$2.21 PAB2.21	$5.67 €5.04	+156.4%
Cappuccino in mid-range area	$3.73 PAB3.73	$4.06 €3.61	+8.9%
Pack of cigarettes Marlboro or similar	$5.29 PAB5.29	$6.56 €5.84	+23.9%
Monthly membership at local gym	$50.91 PAB50.91	$45.01 €40.06	-11.6%
Movie ticket to theater/cinema	$6.13 PAB6.13	$9.62 €8.56	+56.9%
Average			+36.1%

Panama vs. Estonia - Cost of entertainment and sports

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pay 51.4% more for clothing

	Panama	Estonia
Regular jeans Levi's brand	$45.56 PAB45.56	$97.14 €86.46	+113.2%
Regular dress from H&M or similar store	$36.71 PAB36.71	$49.85 €44.37	+35.8%
Running shoes Nike or Adidas	$69.81 PAB69.81	$94.67 €84.26	+35.6%
Men's business shoes (leather)	$88.33 PAB88.33	$118.18 €105.19	+33.8%
Average			+51.4%

Panama vs. Estonia - 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: Panama vs. Estonia

Salary Calculator · Free tool

What salary would you need in Estonia?

Quality of Life Comparison · 19 statistics

Make 73.9% more money in Estonia

Size Comparison · See true size

Panama is about 1.7 times bigger than Estonia.

Moving from Panama to Estonia · OECD 2023

2 people moved from Panama to Estonia.

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