Cost of living comparison

Panama

compared to

Norway

Norway vs. Panama Cost of Living Summary

Norway is 72.9% more expensive than Panama overall.

Restaurants: pay 2.3 times more in Norway
Groceries: pay 34.7% more in Norway
Transportation: pay 2.2 times more in Norway
Housing: pay 72.7% more in Norway
Childcare: pay 20.2% less in Norway
Entertainment and Sports: pay 2.2 times more in Norway
Clothing: pay 82.9% more in Norway

The cost of restaurants, entertainment and sports, transportation, clothing, housing, and groceries in Norway are more expensive than in Panama. Notably, restaurants, entertainment and sports, and transportation are significantly more expensive in Norway.

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Norway vs. Panama Cost Breakdown

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

Display currency: USD

pay 2.3 times more for restaurants

	Panama	Norway
Basic meal with drink at inexpensive restaurant	$8.20 PAB8.20	$22.46 NOK211.73	+173.9%
Fast food combo meal McDonalds, or similar	$8.90 PAB8.90	$15.20 NOK143.30	+70.8%
Bottle of Coca-Cola (11 fl. oz)	$1.41 PAB1.41	$3.98 NOK37.57	+183.0%
Bottle of water (11 fl. oz)	$1.30 PAB1.30	$3.16 NOK29.84	+142.5%
Average			+130.1%

Panama vs. Norway - Cost of restaurants

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pay 34.7% more for groceries

	Panama	Norway
Bread 1 loaf	$2.28 PAB2.28	$3.73 NOK35.18	+63.3%
Local cheese (8 oz)	$6.18 PAB6.18	$6.51 NOK61.37	+5.3%
Milk (1 gallon)	$7.09 PAB7.09	$9.11 NOK85.89	+28.6%
Eggs 1 dozen	$2.56 PAB2.56	$5.06 NOK47.73	+98.0%
Boneless chicken breast (1 lb)	$3.42 PAB3.42	$6.95 NOK65.50	+103.1%
Apples (1 lb)	$1.86 PAB1.86	$1.62 NOK15.25	-12.9%
Bananas (1 lb)	$0.59 PAB0.59	$1.22 NOK11.51	+106.3%
Oranges (1 lb)	$1.76 PAB1.76	$1.65 NOK15.58	-6.1%
Tomatoes (1 lb)	$1.67 PAB1.67	$2.31 NOK21.81	+38.3%
Potatoes (1 lb)	$1.09 PAB1.09	$1.20 NOK11.27	+9.4%
Onions (1 lb)	$1.14 PAB1.14	$1.34 NOK12.62	+17.1%
Average			+34.7%

Panama vs. Norway - Cost of groceries

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pay 2.2 times more for transportation

	Panama	Norway
Gasoline (1 gallon)	$4.34 PAB4.34	$8.73 NOK82.31	+101.2%
Monthly public transit pass	$23.00 PAB23.00	$78.63 NOK741.28	+241.9%
New Volkswagen Golf 1.4 (standard edition)	$23,920.67 PAB23,920.67	$45,459.95 NOK429K	+90.0%
Taxi trip in downtown area (5 miles)	$16.62 PAB16.62	$25.74 NOK242.62	+54.8%
Average			+120.0%

Panama vs. Norway - Cost of transportation

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pay 72.7% more for housing

	Panama	Norway
Internet connection 50 mbps or faster, cable/dsl	$49.81 PAB49.81	$65.87 NOK621.01	+32.2%
1-Bedroom apartment in downtown area	$789.50 PAB789.50	$1,278.72 NOK12,055.43	+62.0%
1-Bedroom apartment outside city center	$614.84 PAB614.84	$1,052.00 NOK9,917.95	+71.1%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$96.53 PAB96.53	$221.33 NOK2,086.60	+129.3%
Average			+72.7%

Panama vs. Norway - Cost of housing

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pay 20.2% less for childcare

	Panama	Norway
Private preschool for 1 child, monthly	$543.33 PAB543.33	$256.93 NOK2,422.26	-52.7%
Middle school for 1 child, two semesters	$7,213.83 PAB7,213.83	$9,715.88 NOK91,598.41	+34.7%
Average			-20.2%

Panama vs. Norway - Cost of childcare

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pay 2.2 times more for entertainment and sports

	Panama	Norway
Domestic/local beer (1 pint)	$2.21 PAB2.21	$11.32 NOK106.75	+412.4%
Cappuccino in mid-range area	$3.73 PAB3.73	$5.55 NOK52.32	+48.9%
Pack of cigarettes Marlboro or similar	$5.29 PAB5.29	$16.96 NOK159.92	+220.5%
Monthly membership at local gym	$50.91 PAB50.91	$53.57 NOK505.04	+5.2%
Movie ticket to theater/cinema	$6.13 PAB6.13	$17.67 NOK166.62	+188.2%
Average			+122.6%

Panama vs. Norway - Cost of entertainment and sports

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pay 82.9% more for clothing

	Panama	Norway
Regular jeans Levi's brand	$45.56 PAB45.56	$102.56 NOK966.91	+125.1%
Regular dress from H&M or similar store	$36.71 PAB36.71	$56.21 NOK529.89	+53.1%
Running shoes Nike or Adidas	$69.81 PAB69.81	$125.90 NOK1,186.93	+80.3%
Men's business shoes (leather)	$88.33 PAB88.33	$159.02 NOK1,499.22	+80.0%
Average			+82.9%

Panama vs. Norway - 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. Norway

Salary Calculator · Free tool

What salary would you need in Norway?

Quality of Life Comparison · 24 statistics

Make 4.8 times more money in Norway

Size Comparison · See true size

Panama is about 4.3 times smaller than Norway.

Moving from Panama to Norway · OECD 2023

4 people moved from Panama to Norway.

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