Cost of living comparison
compared to
Germany vs. Panama Cost of Living Summary
Germany is 33.0% more expensive than Panama overall.
Germany vs. Panama Cost Breakdown
If you lived in Germany instead of Panama, you would:
pay 80.0% more for restaurants
|
Panama
|
Germany
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.20
PAB8.20
|
$16.14
€14.37
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.90
PAB8.90
|
$12.34
€10.98
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.41
PAB1.41
|
$3.38
€3.00
|
|
| Bottle of water (11 fl. oz) |
$1.30
PAB1.30
|
$2.93
€2.61
|
|
Panama vs. Germany - Cost of restaurants
pay 8.2% less for groceries
|
Panama
|
Germany
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.28
PAB2.28
|
$2.14
€1.91
|
|
| Local cheese (8 oz) |
$6.18
PAB6.18
|
$7.24
€6.44
|
|
| Milk (1 gallon) |
$7.09
PAB7.09
|
$4.98
€4.43
|
|
|
Eggs
1 dozen
|
$2.56
PAB2.56
|
$3.69
€3.29
|
|
| Boneless chicken breast (1 lb) |
$3.42
PAB3.42
|
$5.17
€4.60
|
|
| Apples (1 lb) |
$1.86
PAB1.86
|
$1.44
€1.28
|
|
| Bananas (1 lb) |
$0.59
PAB0.59
|
$0.91
€0.81
|
|
| Oranges (1 lb) |
$1.76
PAB1.76
|
$1.01
€0.90
|
|
| Tomatoes (1 lb) |
$1.67
PAB1.67
|
$1.87
€1.67
|
|
| Potatoes (1 lb) |
$1.09
PAB1.09
|
$0.63
€0.56
|
|
| Onions (1 lb) |
$1.14
PAB1.14
|
$0.60
€0.53
|
|
Panama vs. Germany - Cost of groceries
pay 85.2% more for transportation
|
Panama
|
Germany
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.34
PAB4.34
|
$8.07
€7.19
|
|
| Monthly public transit pass |
$23.00
PAB23.00
|
$65.73
€58.50
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$23,920.67
PAB23,920.67
|
$32,242.72
€28,697.18
|
|
| Taxi trip in downtown area (5 miles) |
$16.62
PAB16.62
|
$26.60
€23.68
|
|
Panama vs. Germany - Cost of transportation
pay 22.5% more for housing
|
Panama
|
Germany
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$49.81
PAB49.81
|
$45.10
€40.14
|
|
| 1-Bedroom apartment in downtown area |
$789.50
PAB789.50
|
$839.53
€747.21
|
|
| 1-Bedroom apartment outside city center |
$614.84
PAB614.84
|
$674.34
€600.19
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$96.53
PAB96.53
|
$256.19
€228.02
|
|
Panama vs. Germany - Cost of housing
pay 51.2% more for childcare
|
Panama
|
Germany
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$543.33
PAB543.33
|
$525.85
€468.02
|
|
| Middle school for 1 child, two semesters |
$7,213.83
PAB7,213.83
|
$17,045.97
€15,171.52
|
|
Panama vs. Germany - Cost of childcare
pay 46.1% more for entertainment and sports
|
Panama
|
Germany
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.21
PAB2.21
|
$5.03
€4.48
|
|
| Cappuccino in mid-range area |
$3.73
PAB3.73
|
$3.91
€3.48
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.29
PAB5.29
|
$9.66
€8.60
|
|
| Monthly membership at local gym |
$50.91
PAB50.91
|
$39.74
€35.37
|
|
| Movie ticket to theater/cinema |
$6.13
PAB6.13
|
$14.03
€12.49
|
|
Panama vs. Germany - Cost of entertainment and sports
pay 50.6% more for clothing
|
Panama
|
Germany
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$45.56
PAB45.56
|
$89.23
€79.42
|
|
|
Regular dress
from H&M or similar store
|
$36.71
PAB36.71
|
$44.05
€39.20
|
|
|
Running shoes
Nike or Adidas
|
$69.81
PAB69.81
|
$100.05
€89.05
|
|
| Men's business shoes (leather) |
$88.33
PAB88.33
|
$134.94
€120.10
|
|
Panama vs. Germany - Cost of clothing
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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Moving from Panama to Germany · OECD 2023
126 people moved from Panama to Germany.
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