Cost of living comparison
compared to
Spain vs. Panama Cost of Living Summary
Spain is 22.0% more expensive than Panama overall.
- Restaurants
-
pay 61.0% more in Spain
- Groceries
-
pay 8.4% less in Spain
- Transportation
-
pay 40.6% more in Spain
- Housing
-
pay 6.9% more in Spain
- Childcare
-
pay 6.9% more in Spain
- Entertainment and Sports
-
pay 21.0% more in Spain
- Clothing
-
pay 26.3% more in Spain
The cost of restaurants, transportation, clothing, entertainment and sports, housing, and childcare in Spain are more expensive than in Panama.
Spain vs. Panama Cost Breakdown
If you lived in Spain instead of Panama, you would:
pay 61.0% more for restaurants
|
Panama
|
Spain
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.35
PAB8.35
|
$15.59
€13.44
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.75
PAB7.75
|
$10.47
€9.03
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.37
PAB1.37
|
$2.43
€2.10
|
|
| Bottle of water (11 fl. oz) |
$1.21
PAB1.21
|
$1.75
€1.51
|
|
Panama vs. Spain - Cost of restaurants
pay 8.4% less for groceries
|
Panama
|
Spain
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.21
PAB2.21
|
$1.50
€1.29
|
|
| Local cheese (8 oz) |
$6.02
PAB6.02
|
$7.18
€6.19
|
|
| Milk (1 gallon) |
$6.86
PAB6.86
|
$4.55
€3.92
|
|
|
Eggs
1 dozen
|
$2.47
PAB2.47
|
$3.00
€2.59
|
|
| Boneless chicken breast (1 lb) |
$3.58
PAB3.58
|
$3.77
€3.25
|
|
| Apples (1 lb) |
$2.13
PAB2.13
|
$1.12
€0.97
|
|
| Bananas (1 lb) |
$0.60
PAB0.60
|
$0.94
€0.81
|
|
| Oranges (1 lb) |
$1.40
PAB1.40
|
$0.90
€0.77
|
|
| Tomatoes (1 lb) |
$1.51
PAB1.51
|
$1.25
€1.08
|
|
| Potatoes (1 lb) |
$0.96
PAB0.96
|
$0.79
€0.68
|
|
| Onions (1 lb) |
$0.99
PAB0.99
|
$0.88
€0.76
|
|
Panama vs. Spain - Cost of groceries
pay 40.6% more for transportation
|
Panama
|
Spain
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.87
PAB3.87
|
$6.72
€5.80
|
|
| Monthly public transit pass |
$23.75
PAB23.75
|
$36.04
€31.08
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$23,416.67
PAB23,416.67
|
$36,479.99
€31,457.68
|
|
| Taxi trip in downtown area (5 miles) |
$20.20
PAB20.20
|
$16.35
€14.10
|
|
Panama vs. Spain - Cost of transportation
pay 6.9% more for housing
|
Panama
|
Spain
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$48.39
PAB48.39
|
$31.86
€27.48
|
|
| 1-Bedroom apartment in downtown area |
$765.94
PAB765.94
|
$935.97
€807.11
|
|
| 1-Bedroom apartment outside city center |
$630.77
PAB630.77
|
$738.34
€636.69
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$89.09
PAB89.09
|
$108.98
€93.97
|
|
Panama vs. Spain - Cost of housing
pay 6.9% more for childcare
|
Panama
|
Spain
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$363.00
PAB363.00
|
$443.17
€382.16
|
|
| Middle school for 1 child, two semesters |
$9,411.11
PAB9,411.11
|
$8,629.20
€7,441.19
|
|
Panama vs. Spain - Cost of childcare
pay 21.0% more for entertainment and sports
|
Panama
|
Spain
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$3.32
€2.86
|
|
| Cappuccino in mid-range area |
$3.54
PAB3.54
|
$2.26
€1.95
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.48
PAB5.48
|
$6.32
€5.45
|
|
| Monthly membership at local gym |
$51.47
PAB51.47
|
$48.29
€41.64
|
|
| Movie ticket to theater/cinema |
$5.97
PAB5.97
|
$9.66
€8.33
|
|
Panama vs. Spain - Cost of entertainment and sports
pay 26.3% more for clothing
|
Panama
|
Spain
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$43.33
PAB43.33
|
$82.11
€70.81
|
|
|
Regular dress
from H&M or similar store
|
$34.17
PAB34.17
|
$35.86
€30.92
|
|
|
Running shoes
Nike or Adidas
|
$80.40
PAB80.40
|
$88.78
€76.56
|
|
| Men's business shoes (leather) |
$106.46
PAB106.46
|
$106.74
€92.05
|
|
Panama vs. Spain - Cost of clothing
The statistics used to build this comparison are calculated using data from users just like you.
We average the price of thousands of data points entered by users across the world.
Learn more about our data sources. Page last updated: December 2025
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