Cost of living comparison
Spain is 16.9% more expensive than Panama overall.
- Restaurants
-
pay 38.6% more in Spain
- Groceries
-
pay 15.0% less in Spain
- Transportation
-
pay 41.3% more in Spain
- Housing
-
pay 13.9% more in Spain
- Childcare
-
pay 20.1% more in Spain
- Entertainment and Sports
-
pay 9.3% more in Spain
- Clothing
-
pay 9.8% more in Spain
The cost of transportation, restaurants, childcare, housing, clothing, and entertainment and sports in Spain are more expensive than in Panama.
If you lived in Spain instead of Panama, you would:
pay 38.6% more for restaurants
Panama
|
Spain
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$8.45
PAB8.45
|
$13.87
€13.43
|
|
Fast food combo meal
McDonalds, or similar
|
$7.90
PAB7.90
|
$9.22
€8.92
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.54
PAB1.54
|
$2.13
€2.06
|
|
Bottle of water (11 fl. oz) |
$1.17
PAB1.17
|
$1.58
€1.53
|
|
pay 15.0% less for groceries
Panama
|
Spain
|
||
---|---|---|---|
Bread
1 loaf
|
$2.19
PAB2.19
|
$1.30
€1.26
|
|
Local cheese (8 oz) |
$5.66
PAB5.66
|
$6.37
€6.17
|
|
Milk (1 gallon) |
$6.43
PAB6.43
|
$4.16
€4.03
|
|
Eggs
1 dozen
|
$2.53
PAB2.53
|
$2.66
€2.57
|
|
Boneless chicken breast (1 lb) |
$3.54
PAB3.54
|
$3.36
€3.26
|
|
Apples (1 lb) |
$2.12
PAB2.12
|
$0.99
€0.96
|
|
Bananas (1 lb) |
$0.61
PAB0.61
|
$0.81
€0.79
|
|
Oranges (1 lb) |
$1.29
PAB1.29
|
$0.87
€0.84
|
|
Tomatoes (1 lb) |
$1.16
PAB1.16
|
$1.13
€1.10
|
|
Potatoes (1 lb) |
$0.98
PAB0.98
|
$0.72
€0.70
|
|
Onions (1 lb) |
$1.01
PAB1.01
|
$0.81
€0.79
|
|
pay 41.3% more for transportation
Panama
|
Spain
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.92
PAB3.92
|
$6.38
€6.18
|
|
Monthly public transit pass |
$25.00
PAB25.00
|
$34.26
€33.17
|
|
New Volkswagen Golf 1.4 (standard edition) |
$18,916.67
PAB18,916.67
|
$33,643.92
€32,575.46
|
|
Taxi trip in downtown area (5 miles) |
$16.61
PAB16.61
|
$14.57
€14.10
|
|
pay 13.9% more for housing
Panama
|
Spain
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$47.61
PAB47.61
|
$31.87
€30.86
|
|
1-Bedroom apartment in downtown area |
$747.76
PAB747.76
|
$872.36
€844.66
|
|
1-Bedroom apartment outside city center |
$567.84
PAB567.84
|
$692.13
€670.15
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.20
PAB69.20
|
$103.97
€100.67
|
|
pay 20.1% more for childcare
Panama
|
Spain
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$302.08
PAB302.08
|
$385.97
€373.71
|
|
Middle school for 1 child, two semesters |
$6,548.17
PAB6,548.17
|
$7,352.21
€7,118.72
|
|
pay 9.3% more for entertainment and sports
Panama
|
Spain
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$2.84
€2.75
|
|
Cappuccino in mid-range area |
$3.39
PAB3.39
|
$1.98
€1.92
|
|
Pack of cigarettes
Marlboro or similar
|
$5.38
PAB5.38
|
$5.66
€5.48
|
|
Monthly membership at local gym |
$57.20
PAB57.20
|
$42.87
€41.51
|
|
Movie ticket to theater/cinema |
$5.33
PAB5.33
|
$8.63
€8.36
|
|
pay 9.8% more for clothing
Panama
|
Spain
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$47.41
PAB47.41
|
$75.89
€73.48
|
|
Regular dress
from H&M or similar store
|
$34.81
PAB34.81
|
$32.12
€31.10
|
|
Running shoes
Nike or Adidas
|
$81.21
PAB81.21
|
$77.96
€75.48
|
|
Men's business shoes (leather) |
$100.42
PAB100.42
|
$91.38
€88.48
|
|
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