Cost of living comparison
Italy is 32.5% more expensive than Panama overall.
- Restaurants
-
pay 47.2% more in Italy
- Groceries
-
pay 0.3% more in Italy
- Transportation
-
pay 50.9% more in Italy
- Housing
-
pay 14.0% more in Italy
- Childcare
-
pay 56.5% more in Italy
- Entertainment and Sports
-
pay 37.9% more in Italy
- Clothing
-
pay 20.9% more in Italy
The cost of childcare, transportation, restaurants, entertainment and sports, clothing, and housing in Italy are more expensive than in Panama.
If you lived in Italy instead of Panama, you would:
pay 47.2% more for restaurants
|
Panama
|
Italy
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.45
PAB8.45
|
$16.15
€14.01
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.90
PAB7.90
|
$10.06
€8.73
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.54
PAB1.54
|
$2.55
€2.21
|
|
| Bottle of water (11 fl. oz) |
$1.17
PAB1.17
|
$1.22
€1.06
|
|
pay 0.3% more for groceries
|
Panama
|
Italy
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.19
PAB2.19
|
$2.04
€1.77
|
|
| Local cheese (8 oz) |
$5.66
PAB5.66
|
$6.83
€5.93
|
|
| Milk (1 gallon) |
$6.43
PAB6.43
|
$5.53
€4.80
|
|
|
Eggs
1 dozen
|
$2.53
PAB2.53
|
$3.41
€2.96
|
|
| Boneless chicken breast (1 lb) |
$3.54
PAB3.54
|
$5.05
€4.38
|
|
| Apples (1 lb) |
$2.12
PAB2.12
|
$0.97
€0.84
|
|
| Bananas (1 lb) |
$0.61
PAB0.61
|
$0.85
€0.74
|
|
| Oranges (1 lb) |
$1.29
PAB1.29
|
$1.04
€0.90
|
|
| Tomatoes (1 lb) |
$1.16
PAB1.16
|
$1.31
€1.14
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$0.76
€0.66
|
|
| Onions (1 lb) |
$1.01
PAB1.01
|
$0.71
€0.62
|
|
pay 50.9% more for transportation
|
Panama
|
Italy
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.92
PAB3.92
|
$7.22
€6.27
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$38.81
€33.67
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,916.67
PAB18,916.67
|
$28,223.13
€24,489.69
|
|
| Taxi trip in downtown area (5 miles) |
$16.61
PAB16.61
|
$19.13
€16.60
|
|
pay 14.0% more for housing
|
Panama
|
Italy
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$47.61
PAB47.61
|
$28.87
€25.05
|
|
| 1-Bedroom apartment in downtown area |
$747.76
PAB747.76
|
$656.19
€569.38
|
|
| 1-Bedroom apartment outside city center |
$567.84
PAB567.84
|
$511.91
€444.19
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.20
PAB69.20
|
$150.39
€130.50
|
|
pay 56.5% more for childcare
|
Panama
|
Italy
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$302.08
PAB302.08
|
$508.72
€441.43
|
|
| Middle school for 1 child, two semesters |
$6,548.17
PAB6,548.17
|
$9,465.55
€8,213.42
|
|
pay 37.9% more for entertainment and sports
|
Panama
|
Italy
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$5.01
€4.35
|
|
| Cappuccino in mid-range area |
$3.39
PAB3.39
|
$1.69
€1.46
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.38
PAB5.38
|
$6.20
€5.38
|
|
| Monthly membership at local gym |
$57.20
PAB57.20
|
$52.12
€45.22
|
|
| Movie ticket to theater/cinema |
$5.33
PAB5.33
|
$9.39
€8.15
|
|
pay 20.9% more for clothing
|
Panama
|
Italy
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.41
PAB47.41
|
$78.41
€68.04
|
|
|
Regular dress
from H&M or similar store
|
$34.81
PAB34.81
|
$33.87
€29.39
|
|
|
Running shoes
Nike or Adidas
|
$81.21
PAB81.21
|
$86.07
€74.68
|
|
| Men's business shoes (leather) |
$100.42
PAB100.42
|
$115.43
€100.16
|
|
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